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Side-by-side financial comparison of BOSTON OMAHA Corp (BOC) and Virginia National Bankshares Corp (VABK). Click either name above to swap in a different company.

BOSTON OMAHA Corp is the larger business by last-quarter revenue ($29.7M vs $15.0M, roughly 2.0× Virginia National Bankshares Corp). Virginia National Bankshares Corp runs the higher net margin — 39.7% vs -23.1%, a 62.7% gap on every dollar of revenue. On growth, BOSTON OMAHA Corp posted the faster year-over-year revenue change (6.4% vs 3.6%). Virginia National Bankshares Corp produced more free cash flow last quarter ($20.8M vs $-10.0M). Over the past eight quarters, BOSTON OMAHA Corp's revenue compounded faster (7.8% CAGR vs 7.0%).

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.

United Bankshares, Inc. is a bank holding company dual-headquartered in Charleston, West Virginia and Fairfax, Virginia with operations in West Virginia, Virginia, the District of Columbia, Maryland, Ohio, Pennsylvania, North Carolina, South Carolina, and Georgia in the United States. United Bankshares is the parent company of United Bank which comprises nearly 250 offices in eight states. In addition, UBSI is the parent company to subsidiaries George Mason Mortgage, United Brokerage, and Cre...

BOC vs VABK — Head-to-Head

Bigger by revenue
BOC
BOC
2.0× larger
BOC
$29.7M
$15.0M
VABK
Growing faster (revenue YoY)
BOC
BOC
+2.8% gap
BOC
6.4%
3.6%
VABK
Higher net margin
VABK
VABK
62.7% more per $
VABK
39.7%
-23.1%
BOC
More free cash flow
VABK
VABK
$30.8M more FCF
VABK
$20.8M
$-10.0M
BOC
Faster 2-yr revenue CAGR
BOC
BOC
Annualised
BOC
7.8%
7.0%
VABK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BOC
BOC
VABK
VABK
Revenue
$29.7M
$15.0M
Net Profit
$-6.9M
$6.0M
Gross Margin
64.0%
Operating Margin
-4.2%
50.5%
Net Margin
-23.1%
39.7%
Revenue YoY
6.4%
3.6%
Net Profit YoY
-228.1%
30.6%
EPS (diluted)
$-0.23
$1.10

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
VABK
VABK
Q4 25
$29.7M
$15.0M
Q3 25
$28.7M
$14.4M
Q2 25
$28.2M
$14.1M
Q1 25
$27.7M
$14.1M
Q4 24
$27.9M
$14.5M
Q3 24
$27.7M
$13.5M
Q2 24
$27.1M
$12.9M
Q1 24
$25.6M
$13.1M
Net Profit
BOC
BOC
VABK
VABK
Q4 25
$-6.9M
$6.0M
Q3 25
$-2.6M
$4.6M
Q2 25
$-2.3M
$4.2M
Q1 25
$-669.3K
$4.5M
Q4 24
$5.3M
$4.6M
Q3 24
$-1.6M
$4.6M
Q2 24
$-2.2M
$4.2M
Q1 24
$-2.8M
$3.6M
Gross Margin
BOC
BOC
VABK
VABK
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
VABK
VABK
Q4 25
-4.2%
50.5%
Q3 25
-3.7%
39.4%
Q2 25
-2.9%
38.4%
Q1 25
-2.9%
38.4%
Q4 24
-4.6%
40.3%
Q3 24
-2.7%
41.9%
Q2 24
-16.2%
39.5%
Q1 24
-8.1%
32.9%
Net Margin
BOC
BOC
VABK
VABK
Q4 25
-23.1%
39.7%
Q3 25
-9.0%
31.7%
Q2 25
-8.2%
30.0%
Q1 25
-2.4%
31.9%
Q4 24
19.1%
31.4%
Q3 24
-5.8%
34.1%
Q2 24
-8.3%
32.3%
Q1 24
-11.0%
27.8%
EPS (diluted)
BOC
BOC
VABK
VABK
Q4 25
$-0.23
$1.10
Q3 25
$-0.08
$0.84
Q2 25
$-0.07
$0.78
Q1 25
$-0.02
$0.83
Q4 24
$0.17
$0.85
Q3 24
$-0.05
$0.85
Q2 24
$-0.07
$0.77
Q1 24
$-0.09
$0.68

Balance Sheet & Financial Strength

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

Metric
BOC
BOC
VABK
VABK
Cash + ST InvestmentsLiquidity on hand
$56.8M
Total DebtLower is stronger
$25.7M
Stockholders' EquityBook value
$516.1M
$184.2M
Total Assets
$713.1M
$1.6B
Debt / EquityLower = less leverage
0.05×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BOC
BOC
VABK
VABK
Q4 25
$56.8M
Q3 25
$67.6M
Q2 25
$68.6M
Q1 25
$69.2M
Q4 24
$73.2M
Q3 24
$58.6M
Q2 24
$53.1M
Q1 24
$53.4M
Total Debt
BOC
BOC
VABK
VABK
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
VABK
VABK
Q4 25
$516.1M
$184.2M
Q3 25
$528.4M
$177.4M
Q2 25
$531.0M
$170.8M
Q1 25
$533.3M
$166.8M
Q4 24
$532.8M
$160.3M
Q3 24
$527.7M
$165.9M
Q2 24
$530.5M
$154.2M
Q1 24
$536.2M
$152.6M
Total Assets
BOC
BOC
VABK
VABK
Q4 25
$713.1M
$1.6B
Q3 25
$721.4M
$1.6B
Q2 25
$730.6M
$1.6B
Q1 25
$730.8M
$1.6B
Q4 24
$728.3M
$1.6B
Q3 24
$711.9M
$1.6B
Q2 24
$723.1M
$1.6B
Q1 24
$757.3M
$1.6B
Debt / Equity
BOC
BOC
VABK
VABK
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
VABK
VABK
Operating Cash FlowLast quarter
$17.9M
$21.3M
Free Cash FlowOCF − Capex
$-10.0M
$20.8M
FCF MarginFCF / Revenue
-33.8%
138.2%
Capex IntensityCapex / Revenue
93.9%
3.9%
Cash ConversionOCF / Net Profit
3.58×
TTM Free Cash FlowTrailing 4 quarters
$-17.6M
$35.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BOC
BOC
VABK
VABK
Q4 25
$17.9M
$21.3M
Q3 25
$4.9M
$6.0M
Q2 25
$4.6M
$6.7M
Q1 25
$2.6M
$2.1M
Q4 24
$21.2M
$15.3M
Q3 24
$5.2M
$15.2M
Q2 24
$4.5M
$-6.4M
Q1 24
$2.4M
$3.2M
Free Cash Flow
BOC
BOC
VABK
VABK
Q4 25
$-10.0M
$20.8M
Q3 25
$-489.4K
$5.9M
Q2 25
$-2.7M
$6.7M
Q1 25
$-4.3M
$1.8M
Q4 24
$-11.0M
$14.6M
Q3 24
$-1.2M
$15.1M
Q2 24
$-4.3M
$-6.8M
Q1 24
$-6.0M
$3.1M
FCF Margin
BOC
BOC
VABK
VABK
Q4 25
-33.8%
138.2%
Q3 25
-1.7%
41.0%
Q2 25
-9.7%
47.6%
Q1 25
-15.5%
13.0%
Q4 24
-39.2%
100.4%
Q3 24
-4.4%
111.7%
Q2 24
-15.9%
-53.0%
Q1 24
-23.6%
23.9%
Capex Intensity
BOC
BOC
VABK
VABK
Q4 25
93.9%
3.9%
Q3 25
18.9%
0.5%
Q2 25
25.9%
0.2%
Q1 25
24.7%
1.8%
Q4 24
115.3%
5.1%
Q3 24
23.2%
0.9%
Q2 24
32.6%
3.1%
Q1 24
33.1%
0.2%
Cash Conversion
BOC
BOC
VABK
VABK
Q4 25
3.58×
Q3 25
1.31×
Q2 25
1.59×
Q1 25
0.47×
Q4 24
3.97×
3.35×
Q3 24
3.30×
Q2 24
-1.54×
Q1 24
0.87×

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%

VABK
VABK

Segment breakdown not available.

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