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Side-by-side financial comparison of First Bancorp, Inc (FNLC) and Plymouth Industrial REIT, Inc. (PLYM). Click either name above to swap in a different company.

Plymouth Industrial REIT, Inc. is the larger business by last-quarter revenue ($51.2M vs $25.8M, roughly 2.0× First Bancorp, Inc). First Bancorp, Inc runs the higher net margin — 39.4% vs -106.3%, a 145.6% gap on every dollar of revenue. On growth, First Bancorp, Inc posted the faster year-over-year revenue change (17.5% vs -1.4%). Over the past eight quarters, First Bancorp, Inc's revenue compounded faster (18.1% CAGR vs 0.4%).

Patriot Bank, N.A. (PNBK) is the bank holding company for Stamford, Connecticut-based Patriot Bank NA, and is traded on NASDAQ as PNBK.

Plymouth Industrial REIT, Inc. is a real estate investment trust focused on owning, operating, and acquiring high-quality industrial properties including distribution centers, warehouses, and light industrial facilities across key U.S. logistics hubs. It serves tenants in e-commerce, retail, manufacturing, and third-party logistics sectors, supporting diverse business supply chain needs.

FNLC vs PLYM — Head-to-Head

Bigger by revenue
PLYM
PLYM
2.0× larger
PLYM
$51.2M
$25.8M
FNLC
Growing faster (revenue YoY)
FNLC
FNLC
+18.9% gap
FNLC
17.5%
-1.4%
PLYM
Higher net margin
FNLC
FNLC
145.6% more per $
FNLC
39.4%
-106.3%
PLYM
Faster 2-yr revenue CAGR
FNLC
FNLC
Annualised
FNLC
18.1%
0.4%
PLYM

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
FNLC
FNLC
PLYM
PLYM
Revenue
$25.8M
$51.2M
Net Profit
$10.2M
$-54.4M
Gross Margin
Operating Margin
48.1%
-102.5%
Net Margin
39.4%
-106.3%
Revenue YoY
17.5%
-1.4%
Net Profit YoY
39.7%
-248.5%
EPS (diluted)
$0.91
$-1.23

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
FNLC
FNLC
PLYM
PLYM
Q4 25
$25.8M
Q3 25
$24.5M
$51.2M
Q2 25
$22.5M
$47.2M
Q1 25
$21.8M
$45.6M
Q4 24
$22.0M
$47.6M
Q3 24
$20.5M
$51.9M
Q2 24
$19.2M
$48.7M
Q1 24
$18.5M
$50.2M
Net Profit
FNLC
FNLC
PLYM
PLYM
Q4 25
$10.2M
Q3 25
$9.1M
$-54.4M
Q2 25
$8.1M
$-6.1M
Q1 25
$7.1M
$5.8M
Q4 24
$7.3M
$147.4M
Q3 24
$7.6M
$-15.6M
Q2 24
$6.2M
$1.3M
Q1 24
$6.0M
$6.2M
Operating Margin
FNLC
FNLC
PLYM
PLYM
Q4 25
48.1%
Q3 25
45.2%
-102.5%
Q2 25
43.7%
-10.3%
Q1 25
39.3%
Q4 24
39.5%
Q3 24
44.6%
-29.6%
Q2 24
38.8%
2.7%
Q1 24
39.3%
Net Margin
FNLC
FNLC
PLYM
PLYM
Q4 25
39.4%
Q3 25
37.0%
-106.3%
Q2 25
35.8%
-12.9%
Q1 25
32.5%
12.8%
Q4 24
33.1%
309.9%
Q3 24
36.9%
-30.1%
Q2 24
32.1%
2.7%
Q1 24
32.5%
12.4%
EPS (diluted)
FNLC
FNLC
PLYM
PLYM
Q4 25
$0.91
Q3 25
$0.81
$-1.23
Q2 25
$0.72
$-0.14
Q1 25
$0.63
$0.13
Q4 24
$0.66
$3.24
Q3 24
$0.68
$-0.35
Q2 24
$0.55
$0.03
Q1 24
$0.54
$0.14

Balance Sheet & Financial Strength

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

Metric
FNLC
FNLC
PLYM
PLYM
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$95.5M
Stockholders' EquityBook value
$283.1M
$470.1M
Total Assets
$3.2B
$1.6B
Debt / EquityLower = less leverage
0.34×

8-quarter trend — quarters aligned by calendar period.

Total Debt
FNLC
FNLC
PLYM
PLYM
Q4 25
$95.5M
Q3 25
$95.5M
Q2 25
$95.0M
Q1 25
$70.0M
Q4 24
$95.0M
$646.4M
Q3 24
$95.0M
Q2 24
$70.0M
Q1 24
$70.0M
Stockholders' Equity
FNLC
FNLC
PLYM
PLYM
Q4 25
$283.1M
Q3 25
$274.6M
$470.1M
Q2 25
$265.5M
$539.6M
Q1 25
$259.7M
$571.0M
Q4 24
$252.5M
$579.5M
Q3 24
$256.8M
$436.5M
Q2 24
$244.7M
$475.2M
Q1 24
$242.6M
$484.6M
Total Assets
FNLC
FNLC
PLYM
PLYM
Q4 25
$3.2B
Q3 25
$3.2B
$1.6B
Q2 25
$3.2B
$1.6B
Q1 25
$3.2B
$1.4B
Q4 24
$3.2B
$1.4B
Q3 24
$3.1B
$1.5B
Q2 24
$3.1B
$1.4B
Q1 24
$3.0B
$1.4B
Debt / Equity
FNLC
FNLC
PLYM
PLYM
Q4 25
0.34×
Q3 25
0.35×
Q2 25
0.36×
Q1 25
0.27×
Q4 24
0.38×
1.12×
Q3 24
0.37×
Q2 24
0.29×
Q1 24
0.29×

Cash Flow & Capital Efficiency

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

Metric
FNLC
FNLC
PLYM
PLYM
Operating Cash FlowLast quarter
$37.8M
$20.0M
Free Cash FlowOCF − Capex
$34.6M
FCF MarginFCF / Revenue
133.9%
Capex IntensityCapex / Revenue
12.5%
Cash ConversionOCF / Net Profit
3.72×
TTM Free Cash FlowTrailing 4 quarters
$55.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FNLC
FNLC
PLYM
PLYM
Q4 25
$37.8M
Q3 25
$12.9M
$20.0M
Q2 25
$7.4M
$23.4M
Q1 25
$2.2M
$15.6M
Q4 24
$26.0M
$96.1M
Q3 24
$9.8M
$17.6M
Q2 24
$6.4M
$19.9M
Q1 24
$-1.5M
$16.6M
Free Cash Flow
FNLC
FNLC
PLYM
PLYM
Q4 25
$34.6M
Q3 25
$12.6M
Q2 25
$7.2M
Q1 25
$828.0K
Q4 24
$24.6M
Q3 24
$9.6M
Q2 24
$6.3M
Q1 24
$-1.8M
FCF Margin
FNLC
FNLC
PLYM
PLYM
Q4 25
133.9%
Q3 25
51.4%
Q2 25
32.1%
Q1 25
3.8%
Q4 24
111.7%
Q3 24
47.0%
Q2 24
32.9%
Q1 24
-9.8%
Capex Intensity
FNLC
FNLC
PLYM
PLYM
Q4 25
12.5%
Q3 25
1.2%
Q2 25
0.6%
Q1 25
6.2%
Q4 24
6.7%
Q3 24
0.5%
Q2 24
0.3%
Q1 24
1.8%
Cash Conversion
FNLC
FNLC
PLYM
PLYM
Q4 25
3.72×
Q3 25
1.42×
Q2 25
0.91×
Q1 25
0.31×
2.67×
Q4 24
3.58×
0.65×
Q3 24
1.29×
Q2 24
1.03×
15.12×
Q1 24
-0.25×
2.67×

Financial Flow Comparison

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

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