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Side-by-side financial comparison of Beam Therapeutics Inc. (BEAM) and MERCANTILE BANK CORP (MBWM). Click either name above to swap in a different company.

Beam Therapeutics Inc. is the larger business by last-quarter revenue ($114.1M vs $67.6M, roughly 1.7× MERCANTILE BANK CORP). Beam Therapeutics Inc. runs the higher net margin — 214.1% vs 33.6%, a 180.5% gap on every dollar of revenue.

Beam Therapeutics Inc. is an American biotechnology company conducting research in the field of gene therapies and genome editing. The company is headquartered in Cambridge, Massachusetts. In the development of therapies, the company relies on CRISPR base editing and prime editing, whereby single nucleotides in a DNA sequence can be enzymatically modified without producing double-strand breaks.

Tamilnad Mercantile Bank Limited (TMB) is an Indian bank headquartered at Thoothukudi, Tamil Nadu. TMB was founded in 1921 as the Nadar Bank, but changed its name to Tamilnad Mercantile Bank in November 1962 to widen its appeal beyond the Nadar community. The bank currently has 600 full branches throughout India, 12 regional offices and two link offices, two central processing centres, one service branch, four currency chests, 48 eLobby centres, 262 cash recycler machines and 1151 automated ...

BEAM vs MBWM — Head-to-Head

Bigger by revenue
BEAM
BEAM
1.7× larger
BEAM
$114.1M
$67.6M
MBWM
Higher net margin
BEAM
BEAM
180.5% more per $
BEAM
214.1%
33.6%
MBWM

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BEAM
BEAM
MBWM
MBWM
Revenue
$114.1M
$67.6M
Net Profit
$244.3M
$22.7M
Gross Margin
Operating Margin
-15.3%
Net Margin
214.1%
33.6%
Revenue YoY
279.5%
Net Profit YoY
370.4%
16.1%
EPS (diluted)
$2.53
$1.32

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BEAM
BEAM
MBWM
MBWM
Q1 26
$67.6M
Q4 25
$114.1M
$62.1M
Q3 25
$62.4M
Q2 25
$60.9M
Q1 25
$57.3M
Q4 24
$58.5M
Q3 24
$58.0M
Q2 24
$56.8M
Net Profit
BEAM
BEAM
MBWM
MBWM
Q1 26
$22.7M
Q4 25
$244.3M
$22.8M
Q3 25
$23.8M
Q2 25
$22.6M
Q1 25
$19.5M
Q4 24
$19.6M
Q3 24
$19.6M
Q2 24
$18.8M
Operating Margin
BEAM
BEAM
MBWM
MBWM
Q1 26
Q4 25
-15.3%
42.0%
Q3 25
44.0%
Q2 25
42.6%
Q1 25
42.0%
Q4 24
39.7%
Q3 24
42.4%
Q2 24
41.4%
Net Margin
BEAM
BEAM
MBWM
MBWM
Q1 26
33.6%
Q4 25
214.1%
36.8%
Q3 25
38.1%
Q2 25
37.1%
Q1 25
34.1%
Q4 24
33.5%
Q3 24
33.8%
Q2 24
33.1%
EPS (diluted)
BEAM
BEAM
MBWM
MBWM
Q1 26
$1.32
Q4 25
$2.53
$1.41
Q3 25
$1.46
Q2 25
$1.39
Q1 25
$1.21
Q4 24
$1.20
Q3 24
$1.22
Q2 24
$1.17

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BEAM
BEAM
MBWM
MBWM
Cash + ST InvestmentsLiquidity on hand
$1.2B
Total DebtLower is stronger
$1.5M
Stockholders' EquityBook value
$1.2B
$736.9M
Total Assets
$1.5B
$6.9B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BEAM
BEAM
MBWM
MBWM
Q1 26
Q4 25
$1.2B
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Total Debt
BEAM
BEAM
MBWM
MBWM
Q1 26
$1.5M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
BEAM
BEAM
MBWM
MBWM
Q1 26
$736.9M
Q4 25
$1.2B
$724.9M
Q3 25
$657.6M
Q2 25
$631.5M
Q1 25
$608.3M
Q4 24
$584.5M
Q3 24
$583.3M
Q2 24
$551.2M
Total Assets
BEAM
BEAM
MBWM
MBWM
Q1 26
$6.9B
Q4 25
$1.5B
$6.8B
Q3 25
$6.3B
Q2 25
$6.2B
Q1 25
$6.1B
Q4 24
$6.1B
Q3 24
$5.9B
Q2 24
$5.6B
Debt / Equity
BEAM
BEAM
MBWM
MBWM
Q1 26
0.00×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BEAM
BEAM
MBWM
MBWM
Operating Cash FlowLast quarter
$-83.3M
Free Cash FlowOCF − Capex
$-87.0M
FCF MarginFCF / Revenue
-76.3%
Capex IntensityCapex / Revenue
3.3%
Cash ConversionOCF / Net Profit
-0.34×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BEAM
BEAM
MBWM
MBWM
Q1 26
Q4 25
$-83.3M
$18.0M
Q3 25
$23.1M
Q2 25
$-7.8M
Q1 25
$-3.0M
Q4 24
$101.1M
Q3 24
$-8.1M
Q2 24
$9.1M
Free Cash Flow
BEAM
BEAM
MBWM
MBWM
Q1 26
Q4 25
$-87.0M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
FCF Margin
BEAM
BEAM
MBWM
MBWM
Q1 26
Q4 25
-76.3%
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Capex Intensity
BEAM
BEAM
MBWM
MBWM
Q1 26
Q4 25
3.3%
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Cash Conversion
BEAM
BEAM
MBWM
MBWM
Q1 26
Q4 25
-0.34×
0.79×
Q3 25
0.97×
Q2 25
-0.35×
Q1 25
-0.15×
Q4 24
5.15×
Q3 24
-0.41×
Q2 24
0.49×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BEAM
BEAM

Pfizer$109.1M96%
Other$5.0M4%

MBWM
MBWM

Net Interest Income$55.9M83%
Noninterest Income$11.7M17%

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