vs
Side-by-side financial comparison of CLPS Inc (CLPS) and MERCANTILE BANK CORP (MBWM). Click either name above to swap in a different company.
CLPS Inc is the larger business by last-quarter revenue ($82.8M vs $67.6M, roughly 1.2× MERCANTILE BANK CORP). MERCANTILE BANK CORP runs the higher net margin — 33.6% vs 0.2%, a 33.3% gap on every dollar of revenue.
CLPS Inc is a global information technology, consulting and digital solutions provider primarily serving the financial services sector, including banking, insurance and asset management clients. It also offers tailored tech solutions for retail, healthcare and e-commerce segments, with operating footprints across North America, Asia Pacific and Europe.
Tamilnad Mercantile Bank Limited (TMB) is an Indian bank headquartered at Thoothukudi, Tamil Nadu. TMB was founded in 1921 as the Nadar Bank, but changed its name to Tamilnad Mercantile Bank in November 1962 to widen its appeal beyond the Nadar community. The bank currently has 600 full branches throughout India, 12 regional offices and two link offices, two central processing centres, one service branch, four currency chests, 48 eLobby centres, 262 cash recycler machines and 1151 automated ...
CLPS vs MBWM — Head-to-Head
Income Statement — Q4 FY2026 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $82.8M | $67.6M |
| Net Profit | $183.0K | $22.7M |
| Gross Margin | 23.1% | — |
| Operating Margin | 0.2% | — |
| Net Margin | 0.2% | 33.6% |
| Revenue YoY | — | — |
| Net Profit YoY | — | 16.1% |
| EPS (diluted) | — | $1.32 |
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.
| Q2 26 | $82.8M | — | ||
| Q1 26 | — | $67.6M | ||
| Q4 25 | — | $62.1M | ||
| Q3 25 | — | $62.4M | ||
| Q2 25 | — | $60.9M | ||
| Q1 25 | — | $57.3M | ||
| Q4 24 | $71.8M | $58.5M | ||
| Q3 24 | — | $58.0M |
| Q2 26 | $183.0K | — | ||
| Q1 26 | — | $22.7M | ||
| Q4 25 | — | $22.8M | ||
| Q3 25 | — | $23.8M | ||
| Q2 25 | — | $22.6M | ||
| Q1 25 | — | $19.5M | ||
| Q4 24 | $-993.5K | $19.6M | ||
| Q3 24 | — | $19.6M |
| Q2 26 | 23.1% | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 21.9% | — | ||
| Q3 24 | — | — |
| Q2 26 | 0.2% | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | 42.0% | ||
| Q3 25 | — | 44.0% | ||
| Q2 25 | — | 42.6% | ||
| Q1 25 | — | 42.0% | ||
| Q4 24 | -1.3% | 39.7% | ||
| Q3 24 | — | 42.4% |
| Q2 26 | 0.2% | — | ||
| Q1 26 | — | 33.6% | ||
| Q4 25 | — | 36.8% | ||
| Q3 25 | — | 38.1% | ||
| Q2 25 | — | 37.1% | ||
| Q1 25 | — | 34.1% | ||
| Q4 24 | -1.4% | 33.5% | ||
| Q3 24 | — | 33.8% |
| Q2 26 | — | — | ||
| Q1 26 | — | $1.32 | ||
| Q4 25 | — | $1.41 | ||
| Q3 25 | — | $1.46 | ||
| Q2 25 | — | $1.39 | ||
| Q1 25 | — | $1.21 | ||
| Q4 24 | — | $1.20 | ||
| Q3 24 | — | $1.22 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $29.1M | — |
| Total DebtLower is stronger | — | $1.5M |
| Stockholders' EquityBook value | $57.6M | $736.9M |
| Total Assets | $118.1M | $6.9B |
| Debt / EquityLower = less leverage | — | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q2 26 | $29.1M | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $31.2M | — | ||
| Q3 24 | — | — |
| Q2 26 | — | — | ||
| Q1 26 | — | $1.5M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — |
| Q2 26 | $57.6M | — | ||
| Q1 26 | — | $736.9M | ||
| Q4 25 | — | $724.9M | ||
| Q3 25 | — | $657.6M | ||
| Q2 25 | — | $631.5M | ||
| Q1 25 | — | $608.3M | ||
| Q4 24 | $63.9M | $584.5M | ||
| Q3 24 | — | $583.3M |
| Q2 26 | $118.1M | — | ||
| Q1 26 | — | $6.9B | ||
| Q4 25 | — | $6.8B | ||
| Q3 25 | — | $6.3B | ||
| Q2 25 | — | $6.2B | ||
| Q1 25 | — | $6.1B | ||
| Q4 24 | $110.0M | $6.1B | ||
| Q3 24 | — | $5.9B |
| Q2 26 | — | — | ||
| Q1 26 | — | 0.00× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| 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
CLPS
Segment breakdown not available.
MBWM
| Net Interest Income | $55.9M | 83% |
| Noninterest Income | $11.7M | 17% |