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Side-by-side financial comparison of BOSTON OMAHA Corp (BOC) and USCB FINANCIAL HOLDINGS, INC. (USCB). Click either name above to swap in a different company.

BOSTON OMAHA Corp is the larger business by last-quarter revenue ($29.7M vs $22.2M, roughly 1.3× USCB FINANCIAL HOLDINGS, INC.). USCB FINANCIAL HOLDINGS, INC. runs the higher net margin — 6.1% vs -23.1%, a 29.2% gap on every dollar of revenue. On growth, USCB FINANCIAL HOLDINGS, INC. posted the faster year-over-year revenue change (14.7% vs 6.4%). USCB FINANCIAL HOLDINGS, INC. produced more free cash flow last quarter ($42.5M vs $-10.0M). Over the past eight quarters, USCB FINANCIAL HOLDINGS, INC.'s revenue compounded faster (12.3% CAGR vs 7.8%).

Boston Omaha Corporation is a publicly traded diversified holding company. Its core operating segments include outdoor advertising, surety insurance, residential real estate development, and fixed wireless broadband services, primarily serving customers across the United States, with a focus on driving long-term shareholder value via strategic acquisitions and organic operational growth.

USCB Financial Holdings, Inc. is a U.S.-headquartered bank holding company that offers comprehensive retail and commercial banking services, including deposit products, personal and business loans, wealth management, and digital banking tools. It primarily serves individual consumers, small and medium-sized enterprises, and local corporate clients across its operating regions in the United States, prioritizing personalized customer experiences and community-oriented financial services.

BOC vs USCB — Head-to-Head

Bigger by revenue
BOC
BOC
1.3× larger
BOC
$29.7M
$22.2M
USCB
Growing faster (revenue YoY)
USCB
USCB
+8.4% gap
USCB
14.7%
6.4%
BOC
Higher net margin
USCB
USCB
29.2% more per $
USCB
6.1%
-23.1%
BOC
More free cash flow
USCB
USCB
$52.5M more FCF
USCB
$42.5M
$-10.0M
BOC
Faster 2-yr revenue CAGR
USCB
USCB
Annualised
USCB
12.3%
7.8%
BOC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BOC
BOC
USCB
USCB
Revenue
$29.7M
$22.2M
Net Profit
$-6.9M
$1.4M
Gross Margin
64.0%
Operating Margin
-4.2%
14.7%
Net Margin
-23.1%
6.1%
Revenue YoY
6.4%
14.7%
Net Profit YoY
-228.1%
-80.3%
EPS (diluted)
$-0.23

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
BOC
BOC
USCB
USCB
Q4 25
$29.7M
$22.2M
Q3 25
$28.7M
$25.0M
Q2 25
$28.2M
$24.4M
Q1 25
$27.7M
$22.8M
Q4 24
$27.9M
$23.0M
Q3 24
$27.7M
$21.5M
Q2 24
$27.1M
$20.5M
Q1 24
$25.6M
$17.6M
Net Profit
BOC
BOC
USCB
USCB
Q4 25
$-6.9M
$1.4M
Q3 25
$-2.6M
$8.9M
Q2 25
$-2.3M
$8.1M
Q1 25
$-669.3K
$7.7M
Q4 24
$5.3M
$6.9M
Q3 24
$-1.6M
$6.9M
Q2 24
$-2.2M
$6.2M
Q1 24
$-2.8M
$4.6M
Gross Margin
BOC
BOC
USCB
USCB
Q4 25
64.0%
Q3 25
66.2%
Q2 25
66.1%
Q1 25
67.3%
Q4 24
69.5%
Q3 24
67.5%
Q2 24
68.2%
Q1 24
67.9%
Operating Margin
BOC
BOC
USCB
USCB
Q4 25
-4.2%
14.7%
Q3 25
-3.7%
47.3%
Q2 25
-2.9%
44.0%
Q1 25
-2.9%
44.2%
Q4 24
-4.6%
39.6%
Q3 24
-2.7%
42.5%
Q2 24
-16.2%
39.8%
Q1 24
-8.1%
34.3%
Net Margin
BOC
BOC
USCB
USCB
Q4 25
-23.1%
6.1%
Q3 25
-9.0%
35.8%
Q2 25
-8.2%
33.4%
Q1 25
-2.4%
33.5%
Q4 24
19.1%
30.0%
Q3 24
-5.8%
32.3%
Q2 24
-8.3%
30.3%
Q1 24
-11.0%
26.2%
EPS (diluted)
BOC
BOC
USCB
USCB
Q4 25
$-0.23
Q3 25
$-0.08
$0.45
Q2 25
$-0.07
Q1 25
$-0.02
Q4 24
$0.17
Q3 24
$-0.05
$0.35
Q2 24
$-0.07
Q1 24
$-0.09

Balance Sheet & Financial Strength

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

Metric
BOC
BOC
USCB
USCB
Cash + ST InvestmentsLiquidity on hand
$56.8M
$38.5M
Total DebtLower is stronger
$25.7M
Stockholders' EquityBook value
$516.1M
$217.2M
Total Assets
$713.1M
$2.8B
Debt / EquityLower = less leverage
0.05×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BOC
BOC
USCB
USCB
Q4 25
$56.8M
$38.5M
Q3 25
$67.6M
$56.8M
Q2 25
$68.6M
$54.8M
Q1 25
$69.2M
$98.0M
Q4 24
$73.2M
$77.0M
Q3 24
$58.6M
$38.5M
Q2 24
$53.1M
$77.3M
Q1 24
$53.4M
$126.5M
Total Debt
BOC
BOC
USCB
USCB
Q4 25
$25.7M
Q3 25
$25.9M
Q2 25
$26.1M
Q1 25
$26.3M
Q4 24
$26.5M
Q3 24
$26.7M
Q2 24
$26.9M
Q1 24
$27.1M
Stockholders' Equity
BOC
BOC
USCB
USCB
Q4 25
$516.1M
$217.2M
Q3 25
$528.4M
$209.1M
Q2 25
$531.0M
$231.6M
Q1 25
$533.3M
$225.1M
Q4 24
$532.8M
$215.4M
Q3 24
$527.7M
$213.9M
Q2 24
$530.5M
$201.0M
Q1 24
$536.2M
$195.0M
Total Assets
BOC
BOC
USCB
USCB
Q4 25
$713.1M
$2.8B
Q3 25
$721.4M
$2.8B
Q2 25
$730.6M
$2.7B
Q1 25
$730.8M
$2.7B
Q4 24
$728.3M
$2.6B
Q3 24
$711.9M
$2.5B
Q2 24
$723.1M
$2.5B
Q1 24
$757.3M
$2.5B
Debt / Equity
BOC
BOC
USCB
USCB
Q4 25
0.05×
Q3 25
0.05×
Q2 25
0.05×
Q1 25
0.05×
Q4 24
0.05×
Q3 24
0.05×
Q2 24
0.05×
Q1 24
0.05×

Cash Flow & Capital Efficiency

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

Metric
BOC
BOC
USCB
USCB
Operating Cash FlowLast quarter
$17.9M
$42.8M
Free Cash FlowOCF − Capex
$-10.0M
$42.5M
FCF MarginFCF / Revenue
-33.8%
191.4%
Capex IntensityCapex / Revenue
93.9%
1.4%
Cash ConversionOCF / Net Profit
31.40×
TTM Free Cash FlowTrailing 4 quarters
$-17.6M
$95.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BOC
BOC
USCB
USCB
Q4 25
$17.9M
$42.8M
Q3 25
$4.9M
$20.1M
Q2 25
$4.6M
$18.0M
Q1 25
$2.6M
$14.6M
Q4 24
$21.2M
$34.8M
Q3 24
$5.2M
$11.3M
Q2 24
$4.5M
$18.3M
Q1 24
$2.4M
$8.1M
Free Cash Flow
BOC
BOC
USCB
USCB
Q4 25
$-10.0M
$42.5M
Q3 25
$-489.4K
$20.0M
Q2 25
$-2.7M
$18.0M
Q1 25
$-4.3M
$14.6M
Q4 24
$-11.0M
$34.5M
Q3 24
$-1.2M
$11.2M
Q2 24
$-4.3M
$18.2M
Q1 24
$-6.0M
$8.0M
FCF Margin
BOC
BOC
USCB
USCB
Q4 25
-33.8%
191.4%
Q3 25
-1.7%
80.3%
Q2 25
-9.7%
73.7%
Q1 25
-15.5%
63.9%
Q4 24
-39.2%
150.2%
Q3 24
-4.4%
52.2%
Q2 24
-15.9%
88.8%
Q1 24
-23.6%
45.4%
Capex Intensity
BOC
BOC
USCB
USCB
Q4 25
93.9%
1.4%
Q3 25
18.9%
0.5%
Q2 25
25.9%
0.2%
Q1 25
24.7%
0.2%
Q4 24
115.3%
1.4%
Q3 24
23.2%
0.4%
Q2 24
32.6%
0.4%
Q1 24
33.1%
0.5%
Cash Conversion
BOC
BOC
USCB
USCB
Q4 25
31.40×
Q3 25
2.25×
Q2 25
2.22×
Q1 25
1.91×
Q4 24
3.97×
5.05×
Q3 24
1.63×
Q2 24
2.95×
Q1 24
1.75×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BOC
BOC

Billboard Rentals$11.9M40%
Equity Method Investment Nonconsolidated Investee Or Group Of Investees$10.0M34%
GIG$7.3M25%
Other$608.4K2%

USCB
USCB

Segment breakdown not available.

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