vs
Side-by-side financial comparison of Caledonia Mining Corp Plc (CMCL) and INDEPENDENT BANK CORP (IBCP). Click either name above to swap in a different company.
INDEPENDENT BANK CORP is the larger business by last-quarter revenue ($58.9M vs $46.9M, roughly 1.3× Caledonia Mining Corp Plc). INDEPENDENT BANK CORP runs the higher net margin — 28.6% vs 7.0%, a 21.6% gap on every dollar of revenue. Over the past eight quarters, Caledonia Mining Corp Plc's revenue compounded faster (17.1% CAGR vs 2.1%).
Hochschild Mining plc is a leading British-based silver and gold mining business operating in North, Central, and South America. It is headquartered in Lima, Peru, with a corporate office in London, is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. The main shareholder is the Peruvian businessman Eduardo Hochschild.
Independent Bank is a bank headquartered in Grand Rapids, Michigan. The bank has 62 branches, all of which are in Michigan.
CMCL vs IBCP — Head-to-Head
Income Statement — Q3 FY2024 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $46.9M | $58.9M |
| Net Profit | $3.3M | $16.9M |
| Gross Margin | 41.2% | — |
| Operating Margin | 18.6% | — |
| Net Margin | 7.0% | 28.6% |
| Revenue YoY | 13.8% | — |
| Net Profit YoY | -33.3% | 8.2% |
| EPS (diluted) | $0.13 | $0.81 |
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.
| Q1 26 | — | $58.9M | ||
| Q4 25 | — | $58.3M | ||
| Q3 25 | — | $57.3M | ||
| Q2 25 | — | $55.9M | ||
| Q1 25 | — | $54.1M | ||
| Q4 24 | — | $62.0M | ||
| Q3 24 | $46.9M | $51.4M | ||
| Q2 24 | $50.1M | $56.5M |
| Q1 26 | — | $16.9M | ||
| Q4 25 | — | $18.6M | ||
| Q3 25 | — | $17.5M | ||
| Q2 25 | — | $16.9M | ||
| Q1 25 | — | $15.6M | ||
| Q4 24 | — | $18.5M | ||
| Q3 24 | $3.3M | $13.8M | ||
| Q2 24 | $10.2M | $18.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 41.2% | — | ||
| Q2 24 | 45.8% | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 34.8% | ||
| Q3 25 | — | 37.0% | ||
| Q2 25 | — | 37.0% | ||
| Q1 25 | — | 35.3% | ||
| Q4 24 | — | 36.7% | ||
| Q3 24 | 18.6% | 33.7% | ||
| Q2 24 | 32.2% | 41.0% |
| Q1 26 | — | 28.6% | ||
| Q4 25 | — | 31.8% | ||
| Q3 25 | — | 30.5% | ||
| Q2 25 | — | 30.2% | ||
| Q1 25 | — | 28.8% | ||
| Q4 24 | — | 29.8% | ||
| Q3 24 | 7.0% | 26.9% | ||
| Q2 24 | 20.3% | 32.8% |
| Q1 26 | — | $0.81 | ||
| Q4 25 | — | $0.88 | ||
| Q3 25 | — | $0.84 | ||
| Q2 25 | — | $0.81 | ||
| Q1 25 | — | $0.74 | ||
| Q4 24 | — | $0.87 | ||
| Q3 24 | $0.13 | $0.65 | ||
| Q2 24 | $0.42 | $0.88 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $7.2M | $174.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $231.0M | $510.6M |
| Total Assets | $339.7M | $5.6B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $174.9M | ||
| Q4 25 | — | $138.4M | ||
| Q3 25 | — | $208.7M | ||
| Q2 25 | — | $146.2M | ||
| Q1 25 | — | $128.1M | ||
| Q4 24 | — | $119.9M | ||
| Q3 24 | $7.2M | $121.6M | ||
| Q2 24 | $15.4M | $214.3M |
| Q1 26 | — | $510.6M | ||
| Q4 25 | — | $503.0M | ||
| Q3 25 | — | $490.7M | ||
| Q2 25 | — | $469.3M | ||
| Q1 25 | — | $467.3M | ||
| Q4 24 | — | $454.7M | ||
| Q3 24 | $231.0M | $452.4M | ||
| Q2 24 | $231.1M | $430.5M |
| Q1 26 | — | $5.6B | ||
| Q4 25 | — | $5.5B | ||
| Q3 25 | — | $5.5B | ||
| Q2 25 | — | $5.4B | ||
| Q1 25 | — | $5.3B | ||
| Q4 24 | — | $5.3B | ||
| Q3 24 | $339.7M | $5.3B | ||
| Q2 24 | $338.5M | $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 | $4.6M | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 1.40× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $76.7M | ||
| Q3 25 | — | $18.2M | ||
| Q2 25 | — | $19.0M | ||
| Q1 25 | — | $31.7M | ||
| Q4 24 | — | $63.2M | ||
| Q3 24 | $4.6M | $17.2M | ||
| Q2 24 | $19.1M | $8.7M |
| Q1 26 | — | — | ||
| Q4 25 | — | $70.2M | ||
| Q3 25 | — | $16.5M | ||
| Q2 25 | — | $16.7M | ||
| Q1 25 | — | $30.6M | ||
| Q4 24 | — | $55.2M | ||
| Q3 24 | — | $15.7M | ||
| Q2 24 | — | $7.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 120.3% | ||
| Q3 25 | — | 28.9% | ||
| Q2 25 | — | 29.8% | ||
| Q1 25 | — | 56.5% | ||
| Q4 24 | — | 89.1% | ||
| Q3 24 | — | 30.6% | ||
| Q2 24 | — | 12.3% |
| Q1 26 | — | — | ||
| Q4 25 | — | 11.1% | ||
| Q3 25 | — | 2.9% | ||
| Q2 25 | — | 4.1% | ||
| Q1 25 | — | 2.1% | ||
| Q4 24 | — | 12.8% | ||
| Q3 24 | — | 2.9% | ||
| Q2 24 | — | 3.1% |
| Q1 26 | — | — | ||
| Q4 25 | — | 4.13× | ||
| Q3 25 | — | 1.04× | ||
| Q2 25 | — | 1.12× | ||
| Q1 25 | — | 2.03× | ||
| Q4 24 | — | 3.42× | ||
| Q3 24 | 1.40× | 1.25× | ||
| Q2 24 | 1.87× | 0.47× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CMCL
Segment breakdown not available.
IBCP
| Net Interest Income | $46.9M | 80% |
| Noninterest Income | $12.0M | 20% |
