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Side-by-side financial comparison of Bluerock Homes Trust, Inc. (BHM) and First Bancorp, Inc (FNLC). Click either name above to swap in a different company.
First Bancorp, Inc is the larger business by last-quarter revenue ($25.8M vs $18.9M, roughly 1.4× Bluerock Homes Trust, Inc.). First Bancorp, Inc runs the higher net margin — 39.4% vs -50.1%, a 89.5% gap on every dollar of revenue. On growth, Bluerock Homes Trust, Inc. posted the faster year-over-year revenue change (35.9% vs 17.5%). First Bancorp, Inc produced more free cash flow last quarter ($34.6M vs $10.4M). Over the past eight quarters, Bluerock Homes Trust, Inc.'s revenue compounded faster (30.1% CAGR vs 18.1%).
Bluerock Homes Trust, Inc. is a U.S.-headquartered real estate investment trust that acquires, owns and operates a portfolio of high-quality single-family rental residential properties. It caters to middle-market renters across high-growth suburban markets, prioritizing regions with strong demographic fundamentals and sustained rental housing demand.
Patriot Bank, N.A. (PNBK) is the bank holding company for Stamford, Connecticut-based Patriot Bank NA, and is traded on NASDAQ as PNBK.
BHM vs FNLC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $18.9M | $25.8M |
| Net Profit | $-9.5M | $10.2M |
| Gross Margin | — | — |
| Operating Margin | -48.8% | 48.1% |
| Net Margin | -50.1% | 39.4% |
| Revenue YoY | 35.9% | 17.5% |
| Net Profit YoY | -29.9% | 39.7% |
| EPS (diluted) | $-0.75 | $0.91 |
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.
| Q4 25 | $18.9M | $25.8M | ||
| Q3 25 | $16.6M | $24.5M | ||
| Q2 25 | $16.8M | $22.5M | ||
| Q1 25 | $16.4M | $21.8M | ||
| Q4 24 | $13.9M | $22.0M | ||
| Q3 24 | $12.7M | $20.5M | ||
| Q2 24 | $12.5M | $19.2M | ||
| Q1 24 | $11.2M | $18.5M |
| Q4 25 | $-9.5M | $10.2M | ||
| Q3 25 | $-10.0M | $9.1M | ||
| Q2 25 | $-5.8M | $8.1M | ||
| Q1 25 | $-7.3M | $7.1M | ||
| Q4 24 | $-7.3M | $7.3M | ||
| Q3 24 | $3.5M | $7.6M | ||
| Q2 24 | $-5.2M | $6.2M | ||
| Q1 24 | $-3.2M | $6.0M |
| Q4 25 | -48.8% | 48.1% | ||
| Q3 25 | -57.6% | 45.2% | ||
| Q2 25 | -30.9% | 43.7% | ||
| Q1 25 | -42.6% | 39.3% | ||
| Q4 24 | -52.8% | 39.5% | ||
| Q3 24 | 27.9% | 44.6% | ||
| Q2 24 | -41.3% | 38.8% | ||
| Q1 24 | -28.4% | 39.3% |
| Q4 25 | -50.1% | 39.4% | ||
| Q3 25 | -60.0% | 37.0% | ||
| Q2 25 | -34.7% | 35.8% | ||
| Q1 25 | -44.7% | 32.5% | ||
| Q4 24 | -52.8% | 33.1% | ||
| Q3 24 | 27.9% | 36.9% | ||
| Q2 24 | -41.3% | 32.1% | ||
| Q1 24 | -28.4% | 32.5% |
| Q4 25 | $-0.75 | $0.91 | ||
| Q3 25 | $-0.94 | $0.81 | ||
| Q2 25 | $-0.66 | $0.72 | ||
| Q1 25 | $-0.67 | $0.63 | ||
| Q4 24 | $-0.65 | $0.66 | ||
| Q3 24 | $0.24 | $0.68 | ||
| Q2 24 | $-0.42 | $0.55 | ||
| Q1 24 | $-0.27 | $0.54 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $169.6M | — |
| Total DebtLower is stronger | $428.4M | $95.5M |
| Stockholders' EquityBook value | $128.7M | $283.1M |
| Total Assets | $1.2B | $3.2B |
| Debt / EquityLower = less leverage | 3.33× | 0.34× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $169.6M | — | ||
| Q3 25 | $2.1M | — | ||
| Q2 25 | $4.2M | — | ||
| Q1 25 | $3.0M | — | ||
| Q4 24 | $115.2M | — | ||
| Q3 24 | $155.1M | — | ||
| Q2 24 | $116.0M | — | ||
| Q1 24 | $92.3M | — |
| Q4 25 | $428.4M | $95.5M | ||
| Q3 25 | $415.9M | $95.5M | ||
| Q2 25 | $338.6M | $95.0M | ||
| Q1 25 | $336.5M | $70.0M | ||
| Q4 24 | $373.8M | $95.0M | ||
| Q3 24 | $122.5M | $95.0M | ||
| Q2 24 | $119.7M | $70.0M | ||
| Q1 24 | $120.2M | $70.0M |
| Q4 25 | $128.7M | $283.1M | ||
| Q3 25 | $131.7M | $274.6M | ||
| Q2 25 | $135.3M | $265.5M | ||
| Q1 25 | $137.1M | $259.7M | ||
| Q4 24 | $139.1M | $252.5M | ||
| Q3 24 | $142.9M | $256.8M | ||
| Q2 24 | $142.5M | $244.7M | ||
| Q1 24 | $144.5M | $242.6M |
| Q4 25 | $1.2B | $3.2B | ||
| Q3 25 | $222.1M | $3.2B | ||
| Q2 25 | $220.3M | $3.2B | ||
| Q1 25 | $186.2M | $3.2B | ||
| Q4 24 | $967.0M | $3.2B | ||
| Q3 24 | $800.8M | $3.1B | ||
| Q2 24 | $756.2M | $3.1B | ||
| Q1 24 | $727.4M | $3.0B |
| Q4 25 | 3.33× | 0.34× | ||
| Q3 25 | 3.16× | 0.35× | ||
| Q2 25 | 2.50× | 0.36× | ||
| Q1 25 | 2.45× | 0.27× | ||
| Q4 24 | 2.69× | 0.38× | ||
| Q3 24 | 0.86× | 0.37× | ||
| Q2 24 | 0.84× | 0.29× | ||
| Q1 24 | 0.83× | 0.29× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $27.8M | $37.8M |
| Free Cash FlowOCF − Capex | $10.4M | $34.6M |
| FCF MarginFCF / Revenue | 55.0% | 133.9% |
| Capex IntensityCapex / Revenue | 91.8% | 12.5% |
| Cash ConversionOCF / Net Profit | — | 3.72× |
| TTM Free Cash FlowTrailing 4 quarters | $25.0M | $55.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $27.8M | $37.8M | ||
| Q3 25 | $13.4M | $12.9M | ||
| Q2 25 | $13.9M | $7.4M | ||
| Q1 25 | $951.0K | $2.2M | ||
| Q4 24 | $9.1M | $26.0M | ||
| Q3 24 | $1.7M | $9.8M | ||
| Q2 24 | $1.3M | $6.4M | ||
| Q1 24 | $1.1M | $-1.5M |
| Q4 25 | $10.4M | $34.6M | ||
| Q3 25 | $8.7M | $12.6M | ||
| Q2 25 | $8.8M | $7.2M | ||
| Q1 25 | $-2.9M | $828.0K | ||
| Q4 24 | $-253.0K | $24.6M | ||
| Q3 24 | $-601.0K | $9.6M | ||
| Q2 24 | $-654.0K | $6.3M | ||
| Q1 24 | $-630.0K | $-1.8M |
| Q4 25 | 55.0% | 133.9% | ||
| Q3 25 | 52.4% | 51.4% | ||
| Q2 25 | 52.2% | 32.1% | ||
| Q1 25 | -17.6% | 3.8% | ||
| Q4 24 | -1.8% | 111.7% | ||
| Q3 24 | -4.7% | 47.0% | ||
| Q2 24 | -5.2% | 32.9% | ||
| Q1 24 | -5.6% | -9.8% |
| Q4 25 | 91.8% | 12.5% | ||
| Q3 25 | 28.5% | 1.2% | ||
| Q2 25 | 30.3% | 0.6% | ||
| Q1 25 | 23.4% | 6.2% | ||
| Q4 24 | 66.9% | 6.7% | ||
| Q3 24 | 18.0% | 0.5% | ||
| Q2 24 | 15.3% | 0.3% | ||
| Q1 24 | 15.5% | 1.8% |
| Q4 25 | — | 3.72× | ||
| Q3 25 | — | 1.42× | ||
| Q2 25 | — | 0.91× | ||
| Q1 25 | — | 0.31× | ||
| Q4 24 | — | 3.58× | ||
| Q3 24 | 0.47× | 1.29× | ||
| Q2 24 | — | 1.03× | ||
| Q1 24 | — | -0.25× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BHM
| Residential Communities Segment | $11.4M | 61% |
| Scattered Single Family Homes Segment | $7.5M | 39% |
FNLC
Segment breakdown not available.
