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Side-by-side financial comparison of Black Stone Minerals, L.P. (BSM) and MID PENN BANCORP INC (MPB). Click either name above to swap in a different company.
Black Stone Minerals, L.P. is the larger business by last-quarter revenue ($95.2M vs $62.0M, roughly 1.5× MID PENN BANCORP INC). Black Stone Minerals, L.P. runs the higher net margin — 75.9% vs 31.4%, a 44.5% gap on every dollar of revenue. On growth, MID PENN BANCORP INC posted the faster year-over-year revenue change (30.8% vs -8.7%). Over the past eight quarters, MID PENN BANCORP INC's revenue compounded faster (21.1% CAGR vs -9.7%).
Black Stone Minerals, L.P., or Black Stone Minerals, is a Houston, Texas-based oil and natural gas corporation.
Commerce Bancorp was a Cherry Hill, New Jersey–based bank created in 1973. In 2007, it was purchased by Toronto-Dominion Bank, which merged Commerce into TD Banknorth, the latter of which was rebranded to TD Bank.
BSM vs MPB — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $95.2M | $62.0M |
| Net Profit | $72.2M | $19.4M |
| Gross Margin | — | — |
| Operating Margin | 78.6% | 43.6% |
| Net Margin | 75.9% | 31.4% |
| Revenue YoY | -8.7% | 30.8% |
| Net Profit YoY | 55.8% | 47.0% |
| EPS (diluted) | — | $0.83 |
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 | $95.2M | $62.0M | ||
| Q3 25 | $105.2M | $61.8M | ||
| Q2 25 | $106.7M | $54.3M | ||
| Q1 25 | $115.3M | $47.7M | ||
| Q4 24 | $104.3M | $47.4M | ||
| Q3 24 | $103.2M | $45.3M | ||
| Q2 24 | $115.2M | $44.1M | ||
| Q1 24 | $116.8M | $42.3M |
| Q4 25 | $72.2M | $19.4M | ||
| Q3 25 | $91.7M | $18.3M | ||
| Q2 25 | $120.0M | $4.8M | ||
| Q1 25 | $15.9M | $13.7M | ||
| Q4 24 | $46.3M | $13.2M | ||
| Q3 24 | $92.7M | $12.3M | ||
| Q2 24 | $68.3M | $11.8M | ||
| Q1 24 | $63.9M | $12.1M |
| Q4 25 | 78.6% | 43.6% | ||
| Q3 25 | 89.5% | 39.3% | ||
| Q2 25 | — | 7.9% | ||
| Q1 25 | 14.9% | 35.2% | ||
| Q4 24 | 45.6% | 34.1% | ||
| Q3 24 | 90.2% | 32.8% | ||
| Q2 24 | 59.5% | 32.4% | ||
| Q1 24 | 54.8% | 34.8% |
| Q4 25 | 75.9% | 31.4% | ||
| Q3 25 | 87.2% | 29.6% | ||
| Q2 25 | 112.5% | 8.8% | ||
| Q1 25 | 13.8% | 28.8% | ||
| Q4 24 | 44.4% | 27.9% | ||
| Q3 24 | 89.9% | 27.1% | ||
| Q2 24 | 59.3% | 26.7% | ||
| Q1 24 | 54.7% | 28.7% |
| Q4 25 | — | $0.83 | ||
| Q3 25 | — | $0.79 | ||
| Q2 25 | — | $0.22 | ||
| Q1 25 | — | $0.71 | ||
| Q4 24 | — | $0.72 | ||
| Q3 24 | — | $0.74 | ||
| Q2 24 | — | $0.71 | ||
| Q1 24 | — | $0.73 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.5M | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | — | $814.1M |
| Total Assets | $1.3B | $6.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.5M | — | ||
| Q3 25 | $2.9M | — | ||
| Q2 25 | $2.5M | — | ||
| Q1 25 | $2.4M | — | ||
| Q4 24 | $2.5M | — | ||
| Q3 24 | $21.0M | — | ||
| Q2 24 | $26.7M | — | ||
| Q1 24 | $40.5M | — |
| Q4 25 | — | $814.1M | ||
| Q3 25 | — | $796.3M | ||
| Q2 25 | — | $775.7M | ||
| Q1 25 | — | $667.9M | ||
| Q4 24 | — | $655.0M | ||
| Q3 24 | — | $573.1M | ||
| Q2 24 | — | $559.7M | ||
| Q1 24 | — | $551.0M |
| Q4 25 | $1.3B | $6.1B | ||
| Q3 25 | $1.3B | $6.3B | ||
| Q2 25 | $1.3B | $6.4B | ||
| Q1 25 | $1.2B | $5.5B | ||
| Q4 24 | $1.2B | $5.5B | ||
| Q3 24 | $1.2B | $5.5B | ||
| Q2 24 | $1.2B | $5.4B | ||
| Q1 24 | $1.2B | $5.3B |
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 | $65.1M | $80.0M |
| Free Cash FlowOCF − Capex | — | $71.8M |
| FCF MarginFCF / Revenue | — | 115.8% |
| Capex IntensityCapex / Revenue | — | 13.3% |
| Cash ConversionOCF / Net Profit | 0.90× | 4.12× |
| TTM Free Cash FlowTrailing 4 quarters | — | $132.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $65.1M | $80.0M | ||
| Q3 25 | $99.8M | $26.3M | ||
| Q2 25 | $80.5M | $29.0M | ||
| Q1 25 | $64.8M | $11.5M | ||
| Q4 24 | $91.0M | $51.4M | ||
| Q3 24 | $93.2M | $16.9M | ||
| Q2 24 | $100.4M | $18.0M | ||
| Q1 24 | $104.5M | $12.4M |
| Q4 25 | — | $71.8M | ||
| Q3 25 | — | $24.3M | ||
| Q2 25 | — | $27.2M | ||
| Q1 25 | — | $8.8M | ||
| Q4 24 | — | $44.5M | ||
| Q3 24 | — | $16.8M | ||
| Q2 24 | — | $17.7M | ||
| Q1 24 | — | $12.1M |
| Q4 25 | — | 115.8% | ||
| Q3 25 | — | 39.4% | ||
| Q2 25 | — | 50.1% | ||
| Q1 25 | — | 18.4% | ||
| Q4 24 | — | 93.8% | ||
| Q3 24 | — | 37.1% | ||
| Q2 24 | — | 40.2% | ||
| Q1 24 | — | 28.5% |
| Q4 25 | — | 13.3% | ||
| Q3 25 | — | 3.1% | ||
| Q2 25 | — | 3.2% | ||
| Q1 25 | — | 5.7% | ||
| Q4 24 | — | 14.6% | ||
| Q3 24 | — | 0.0% | ||
| Q2 24 | — | 0.7% | ||
| Q1 24 | — | 0.8% |
| Q4 25 | 0.90× | 4.12× | ||
| Q3 25 | 1.09× | 1.44× | ||
| Q2 25 | 0.67× | 6.08× | ||
| Q1 25 | 4.07× | 0.84× | ||
| Q4 24 | 1.96× | 3.88× | ||
| Q3 24 | 1.01× | 1.37× | ||
| Q2 24 | 1.47× | 1.53× | ||
| Q1 24 | 1.63× | 1.02× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BSM
| Oil Reserves | $46.4M | 49% |
| Natural Gas Reserves | $44.1M | 46% |
| Real Estate | $4.7M | 5% |
MPB
Segment breakdown not available.
