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Side-by-side financial comparison of Commercial Bancgroup, Inc. (CBK) and ImmunityBio, Inc. (IBRX). Click either name above to swap in a different company.

ImmunityBio, Inc. is the larger business by last-quarter revenue ($38.3M vs $23.1M, roughly 1.7× Commercial Bancgroup, Inc.). Commercial Bancgroup, Inc. runs the higher net margin — 41.3% vs -161.8%, a 203.1% gap on every dollar of revenue.

Commercial Bancgroup, Inc. operates as a U.S. regional bank holding company that provides a full suite of retail and commercial banking products and services to individual consumers, small and medium-sized businesses, and local institutional clients. Its core offerings include deposit accounts, lending solutions, wealth management, and tailored financial advisory services for regional markets.

ImmunityBio, Inc. is a clinical-stage biotechnology company focused on developing next-generation immunotherapies and vaccine candidates targeting multiple cancer types and infectious diseases. It operates mainly in the U.S. market, with core R&D segments including cell therapy, antibody therapeutics, and targeted vaccine platforms designed to enhance patient treatment outcomes.

CBK vs IBRX — Head-to-Head

Bigger by revenue
IBRX
IBRX
1.7× larger
IBRX
$38.3M
$23.1M
CBK
Higher net margin
CBK
CBK
203.1% more per $
CBK
41.3%
-161.8%
IBRX

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CBK
CBK
IBRX
IBRX
Revenue
$23.1M
$38.3M
Net Profit
$9.5M
$-61.9M
Gross Margin
99.0%
Operating Margin
-169.0%
Net Margin
41.3%
-161.8%
Revenue YoY
407.0%
Net Profit YoY
9.7%
-4.7%
EPS (diluted)
$0.69
$-0.06

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
CBK
CBK
IBRX
IBRX
Q1 26
$23.1M
Q4 25
$23.5M
$38.3M
Q3 25
$22.8M
$32.1M
Q2 25
$26.4M
Q1 25
$16.5M
Q4 24
$7.6M
Q3 24
$6.1M
Net Profit
CBK
CBK
IBRX
IBRX
Q1 26
$9.5M
Q4 25
$9.9M
$-61.9M
Q3 25
$9.5M
$-67.3M
Q2 25
$-92.6M
Q1 25
$-129.6M
Q4 24
$-59.2M
Q3 24
$-85.7M
Gross Margin
CBK
CBK
IBRX
IBRX
Q1 26
Q4 25
99.0%
Q3 25
99.4%
Q2 25
99.5%
Q1 25
99.6%
Q4 24
Q3 24
Operating Margin
CBK
CBK
IBRX
IBRX
Q1 26
Q4 25
-169.0%
Q3 25
53.8%
-173.5%
Q2 25
-269.8%
Q1 25
-390.1%
Q4 24
-919.0%
Q3 24
-1314.3%
Net Margin
CBK
CBK
IBRX
IBRX
Q1 26
41.3%
Q4 25
42.2%
-161.8%
Q3 25
41.4%
-209.8%
Q2 25
-350.3%
Q1 25
-784.9%
Q4 24
-783.4%
Q3 24
-1404.0%
EPS (diluted)
CBK
CBK
IBRX
IBRX
Q1 26
$0.69
Q4 25
$0.72
$-0.06
Q3 25
$0.77
$-0.07
Q2 25
$-0.10
Q1 25
$-0.15
Q4 24
$-0.08
Q3 24
$-0.14

Balance Sheet & Financial Strength

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

Metric
CBK
CBK
IBRX
IBRX
Cash + ST InvestmentsLiquidity on hand
$242.8M
Total DebtLower is stronger
$118.2M
Stockholders' EquityBook value
$-500.5M
Total Assets
$2.3B
$501.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CBK
CBK
IBRX
IBRX
Q1 26
Q4 25
$242.8M
Q3 25
$154.8M
$257.8M
Q2 25
$153.7M
Q1 25
$61.6M
Q4 24
$149.8M
Q3 24
$130.4M
Total Debt
CBK
CBK
IBRX
IBRX
Q1 26
$118.2M
Q4 25
$166.8M
Q3 25
$100.1M
Q2 25
Q1 25
Q4 24
Q3 24
Stockholders' Equity
CBK
CBK
IBRX
IBRX
Q1 26
Q4 25
$-500.5M
Q3 25
$245.2M
$-524.3M
Q2 25
$-570.7M
Q1 25
$-591.4M
Q4 24
$-489.1M
Q3 24
$-745.1M
Total Assets
CBK
CBK
IBRX
IBRX
Q1 26
$2.3B
Q4 25
$2.3B
$501.9M
Q3 25
$2.2B
$519.0M
Q2 25
$402.1M
Q1 25
$303.8M
Q4 24
$382.9M
Q3 24
$364.6M
Debt / Equity
CBK
CBK
IBRX
IBRX
Q1 26
Q4 25
Q3 25
0.41×
Q2 25
Q1 25
Q4 24
Q3 24

Cash Flow & Capital Efficiency

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

Metric
CBK
CBK
IBRX
IBRX
Operating Cash FlowLast quarter
$-70.4M
Free Cash FlowOCF − Capex
$-71.3M
FCF MarginFCF / Revenue
-186.2%
Capex IntensityCapex / Revenue
2.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-308.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CBK
CBK
IBRX
IBRX
Q1 26
Q4 25
$-70.4M
Q3 25
$28.0M
$-68.9M
Q2 25
$-79.7M
Q1 25
$-85.9M
Q4 24
$-85.1M
Q3 24
$-98.8M
Free Cash Flow
CBK
CBK
IBRX
IBRX
Q1 26
Q4 25
$-71.3M
Q3 25
$26.5M
$-69.6M
Q2 25
$-80.8M
Q1 25
$-87.0M
Q4 24
$-87.3M
Q3 24
$-101.6M
FCF Margin
CBK
CBK
IBRX
IBRX
Q1 26
Q4 25
-186.2%
Q3 25
115.8%
-217.2%
Q2 25
-305.9%
Q1 25
-526.9%
Q4 24
-1155.4%
Q3 24
-1663.2%
Capex Intensity
CBK
CBK
IBRX
IBRX
Q1 26
Q4 25
2.4%
Q3 25
6.7%
2.3%
Q2 25
4.1%
Q1 25
6.8%
Q4 24
28.0%
Q3 24
45.7%
Cash Conversion
CBK
CBK
IBRX
IBRX
Q1 26
Q4 25
Q3 25
2.96×
Q2 25
Q1 25
Q4 24
Q3 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

CBK
CBK

Net Interest Income$20.5M89%
Noninterest Income$2.6M11%

IBRX
IBRX

Segment breakdown not available.

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