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Side-by-side financial comparison of GLOBUS MARITIME LTD (GLBS) and NATIONAL BANKSHARES INC (NKSH). Click either name above to swap in a different company.

NATIONAL BANKSHARES INC is the larger business by last-quarter revenue ($15.3M vs $9.5M, roughly 1.6× GLOBUS MARITIME LTD). NATIONAL BANKSHARES INC runs the higher net margin — 38.5% vs -19.6%, a 58.1% gap on every dollar of revenue. On growth, NATIONAL BANKSHARES INC posted the faster year-over-year revenue change (24.7% vs 0.2%).

Globus Maritime Ltd is a global shipping enterprise specializing in ownership, operation and chartering of dry bulk cargo vessels. It transports iron ore, coal, grain and other industrial raw materials across major global trade routes, serving clients in logistics, commodities trading and manufacturing sectors worldwide.

Nicolet Bankshares, Inc. is a U.S. regional bank holding company based in Green Bay, Wisconsin. They are the parent company of Nicolet National Bank, the second largest Wisconsin-based bank.

GLBS vs NKSH — Head-to-Head

Bigger by revenue
NKSH
NKSH
1.6× larger
NKSH
$15.3M
$9.5M
GLBS
Growing faster (revenue YoY)
NKSH
NKSH
+24.5% gap
NKSH
24.7%
0.2%
GLBS
Higher net margin
NKSH
NKSH
58.1% more per $
NKSH
38.5%
-19.6%
GLBS

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
GLBS
GLBS
NKSH
NKSH
Revenue
$9.5M
$15.3M
Net Profit
$-1.9M
$5.9M
Gross Margin
Operating Margin
-4.3%
47.4%
Net Margin
-19.6%
38.5%
Revenue YoY
0.2%
24.7%
Net Profit YoY
-157.0%
91.0%
EPS (diluted)
$-0.09
$0.93

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
GLBS
GLBS
NKSH
NKSH
Q4 25
$15.3M
Q3 25
$14.2M
Q2 25
$9.5M
$13.3M
Q1 25
$12.8M
Q4 24
$12.2M
Q3 24
$11.7M
Q2 24
$9.5M
$10.9M
Q1 24
$10.4M
Net Profit
GLBS
GLBS
NKSH
NKSH
Q4 25
$5.9M
Q3 25
$4.4M
Q2 25
$-1.9M
$2.3M
Q1 25
$3.2M
Q4 24
$3.1M
Q3 24
$2.7M
Q2 24
$3.3M
$-307.0K
Q1 24
$2.2M
Operating Margin
GLBS
GLBS
NKSH
NKSH
Q4 25
47.4%
Q3 25
37.9%
Q2 25
-4.3%
20.0%
Q1 25
30.5%
Q4 24
30.1%
Q3 24
27.5%
Q2 24
39.2%
-4.4%
Q1 24
25.8%
Net Margin
GLBS
GLBS
NKSH
NKSH
Q4 25
38.5%
Q3 25
31.1%
Q2 25
-19.6%
17.2%
Q1 25
25.3%
Q4 24
25.1%
Q3 24
22.8%
Q2 24
34.5%
-2.8%
Q1 24
20.8%
EPS (diluted)
GLBS
GLBS
NKSH
NKSH
Q4 25
$0.93
Q3 25
$0.69
Q2 25
$-0.09
$0.36
Q1 25
$0.51
Q4 24
$0.50
Q3 24
$0.42
Q2 24
$0.16
$-0.05
Q1 24
$0.37

Balance Sheet & Financial Strength

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

Metric
GLBS
GLBS
NKSH
NKSH
Cash + ST InvestmentsLiquidity on hand
$48.3M
$59.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$173.1M
$184.9M
Total Assets
$309.4M
$1.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GLBS
GLBS
NKSH
NKSH
Q4 25
$59.3M
Q3 25
$42.3M
Q2 25
$48.3M
$92.8M
Q1 25
$122.5M
Q4 24
$108.1M
Q3 24
$49.8M
Q2 24
$70.8M
$98.9M
Q1 24
$121.2M
Stockholders' Equity
GLBS
GLBS
NKSH
NKSH
Q4 25
$184.9M
Q3 25
$179.2M
Q2 25
$173.1M
$168.7M
Q1 25
$167.3M
Q4 24
$156.4M
Q3 24
$167.8M
Q2 24
$178.9M
$149.0M
Q1 24
$139.4M
Total Assets
GLBS
GLBS
NKSH
NKSH
Q4 25
$1.8B
Q3 25
$1.8B
Q2 25
$309.4M
$1.8B
Q1 25
$1.8B
Q4 24
$1.8B
Q3 24
$1.8B
Q2 24
$256.3M
$1.8B
Q1 24
$1.7B

Cash Flow & Capital Efficiency

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

Metric
GLBS
GLBS
NKSH
NKSH
Operating Cash FlowLast quarter
$17.9M
Free Cash FlowOCF − Capex
$15.2M
FCF MarginFCF / Revenue
99.2%
Capex IntensityCapex / Revenue
17.9%
Cash ConversionOCF / Net Profit
3.04×
TTM Free Cash FlowTrailing 4 quarters
$23.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GLBS
GLBS
NKSH
NKSH
Q4 25
$17.9M
Q3 25
$6.1M
Q2 25
$2.1M
Q1 25
$2.6M
Q4 24
$9.4M
Q3 24
$3.1M
Q2 24
$-3.0M
Q1 24
$3.8M
Free Cash Flow
GLBS
GLBS
NKSH
NKSH
Q4 25
$15.2M
Q3 25
$5.3M
Q2 25
$1.5M
Q1 25
$1.6M
Q4 24
$6.2M
Q3 24
$2.2M
Q2 24
$-4.0M
Q1 24
$3.5M
FCF Margin
GLBS
GLBS
NKSH
NKSH
Q4 25
99.2%
Q3 25
37.4%
Q2 25
11.5%
Q1 25
12.5%
Q4 24
50.5%
Q3 24
18.5%
Q2 24
-36.3%
Q1 24
33.8%
Capex Intensity
GLBS
GLBS
NKSH
NKSH
Q4 25
17.9%
Q3 25
5.6%
Q2 25
4.1%
Q1 25
7.5%
Q4 24
26.6%
Q3 24
8.3%
Q2 24
9.3%
Q1 24
3.0%
Cash Conversion
GLBS
GLBS
NKSH
NKSH
Q4 25
3.04×
Q3 25
1.38×
Q2 25
0.90×
Q1 25
0.79×
Q4 24
3.07×
Q3 24
1.17×
Q2 24
Q1 24
1.77×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GLBS
GLBS

Other$4.8M51%
Property Plant And Equipment Subject To Operating Leases$4.7M49%

NKSH
NKSH

Segment breakdown not available.

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