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Side-by-side financial comparison of GLADSTONE COMMERCIAL CORP (GOOD) and MID PENN BANCORP INC (MPB). Click either name above to swap in a different company.

MID PENN BANCORP INC is the larger business by last-quarter revenue ($62.0M vs $43.5M, roughly 1.4× GLADSTONE COMMERCIAL CORP). MID PENN BANCORP INC runs the higher net margin — 31.4% vs 12.4%, a 19.0% gap on every dollar of revenue. On growth, MID PENN BANCORP INC posted the faster year-over-year revenue change (30.8% vs 16.3%). Over the past eight quarters, MID PENN BANCORP INC's revenue compounded faster (21.1% CAGR vs 10.3%).

Gladstone Commercial Corp is a publicly traded US real estate investment trust focused on acquiring, owning, and operating diversified industrial and commercial properties. It offers long-term net lease agreements to tenants across manufacturing, logistics, healthcare and professional services sectors, mainly serving small to mid-sized business clients.

Commerce Bancorp was a Cherry Hill, New Jersey–based bank created in 1973. In 2007, it was purchased by Toronto-Dominion Bank, which merged Commerce into TD Banknorth, the latter of which was rebranded to TD Bank.

GOOD vs MPB — Head-to-Head

Bigger by revenue
MPB
MPB
1.4× larger
MPB
$62.0M
$43.5M
GOOD
Growing faster (revenue YoY)
MPB
MPB
+14.5% gap
MPB
30.8%
16.3%
GOOD
Higher net margin
MPB
MPB
19.0% more per $
MPB
31.4%
12.4%
GOOD
Faster 2-yr revenue CAGR
MPB
MPB
Annualised
MPB
21.1%
10.3%
GOOD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GOOD
GOOD
MPB
MPB
Revenue
$43.5M
$62.0M
Net Profit
$5.4M
$19.4M
Gross Margin
Operating Margin
43.6%
Net Margin
12.4%
31.4%
Revenue YoY
16.3%
30.8%
Net Profit YoY
-25.1%
47.0%
EPS (diluted)
$0.05
$0.83

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
GOOD
GOOD
MPB
MPB
Q4 25
$43.5M
$62.0M
Q3 25
$40.8M
$61.8M
Q2 25
$39.5M
$54.3M
Q1 25
$37.5M
$47.7M
Q4 24
$37.4M
$47.4M
Q3 24
$39.2M
$45.3M
Q2 24
$37.1M
$44.1M
Q1 24
$35.7M
$42.3M
Net Profit
GOOD
GOOD
MPB
MPB
Q4 25
$5.4M
$19.4M
Q3 25
$4.1M
$18.3M
Q2 25
$4.6M
$4.8M
Q1 25
$5.1M
$13.7M
Q4 24
$7.2M
$13.2M
Q3 24
$11.7M
$12.3M
Q2 24
$1.6M
$11.8M
Q1 24
$3.5M
$12.1M
Operating Margin
GOOD
GOOD
MPB
MPB
Q4 25
43.6%
Q3 25
39.3%
Q2 25
7.9%
Q1 25
35.2%
Q4 24
34.1%
Q3 24
32.8%
Q2 24
32.4%
Q1 24
34.8%
Net Margin
GOOD
GOOD
MPB
MPB
Q4 25
12.4%
31.4%
Q3 25
10.1%
29.6%
Q2 25
11.7%
8.8%
Q1 25
13.7%
28.8%
Q4 24
19.2%
27.9%
Q3 24
29.8%
27.1%
Q2 24
4.3%
26.7%
Q1 24
9.9%
28.7%
EPS (diluted)
GOOD
GOOD
MPB
MPB
Q4 25
$0.05
$0.83
Q3 25
$0.02
$0.79
Q2 25
$0.03
$0.22
Q1 25
$0.04
$0.71
Q4 24
$0.10
$0.72
Q3 24
$0.20
$0.74
Q2 24
$-0.04
$0.71
Q1 24
$0.01
$0.73

Balance Sheet & Financial Strength

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

Metric
GOOD
GOOD
MPB
MPB
Cash + ST InvestmentsLiquidity on hand
$10.8M
Total DebtLower is stronger
$843.5M
Stockholders' EquityBook value
$171.8M
$814.1M
Total Assets
$1.2B
$6.1B
Debt / EquityLower = less leverage
4.91×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GOOD
GOOD
MPB
MPB
Q4 25
$10.8M
Q3 25
$18.4M
Q2 25
$11.7M
Q1 25
$10.4M
Q4 24
$11.0M
Q3 24
$10.5M
Q2 24
$10.4M
Q1 24
$10.5M
Total Debt
GOOD
GOOD
MPB
MPB
Q4 25
$843.5M
Q3 25
$843.3M
Q2 25
$794.4M
Q1 25
$740.7M
Q4 24
$693.4M
Q3 24
$692.6M
Q2 24
$722.5M
Q1 24
$719.4M
Stockholders' Equity
GOOD
GOOD
MPB
MPB
Q4 25
$171.8M
$814.1M
Q3 25
$184.8M
$796.3M
Q2 25
$177.2M
$775.7M
Q1 25
$183.2M
$667.9M
Q4 24
$171.2M
$655.0M
Q3 24
$168.9M
$573.1M
Q2 24
$145.7M
$559.7M
Q1 24
$147.3M
$551.0M
Total Assets
GOOD
GOOD
MPB
MPB
Q4 25
$1.2B
$6.1B
Q3 25
$1.3B
$6.3B
Q2 25
$1.2B
$6.4B
Q1 25
$1.2B
$5.5B
Q4 24
$1.1B
$5.5B
Q3 24
$1.1B
$5.5B
Q2 24
$1.1B
$5.4B
Q1 24
$1.1B
$5.3B
Debt / Equity
GOOD
GOOD
MPB
MPB
Q4 25
4.91×
Q3 25
4.56×
Q2 25
4.48×
Q1 25
4.04×
Q4 24
4.05×
Q3 24
4.10×
Q2 24
4.96×
Q1 24
4.88×

Cash Flow & Capital Efficiency

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

Metric
GOOD
GOOD
MPB
MPB
Operating Cash FlowLast quarter
$88.2M
$80.0M
Free Cash FlowOCF − Capex
$71.8M
FCF MarginFCF / Revenue
115.8%
Capex IntensityCapex / Revenue
13.3%
Cash ConversionOCF / Net Profit
16.38×
4.12×
TTM Free Cash FlowTrailing 4 quarters
$132.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GOOD
GOOD
MPB
MPB
Q4 25
$88.2M
$80.0M
Q3 25
$18.9M
$26.3M
Q2 25
$35.8M
$29.0M
Q1 25
$17.7M
$11.5M
Q4 24
$57.0M
$51.4M
Q3 24
$5.5M
$16.9M
Q2 24
$13.6M
$18.0M
Q1 24
$15.0M
$12.4M
Free Cash Flow
GOOD
GOOD
MPB
MPB
Q4 25
$71.8M
Q3 25
$24.3M
Q2 25
$27.2M
Q1 25
$8.8M
Q4 24
$44.5M
Q3 24
$16.8M
Q2 24
$17.7M
Q1 24
$12.1M
FCF Margin
GOOD
GOOD
MPB
MPB
Q4 25
115.8%
Q3 25
39.4%
Q2 25
50.1%
Q1 25
18.4%
Q4 24
93.8%
Q3 24
37.1%
Q2 24
40.2%
Q1 24
28.5%
Capex Intensity
GOOD
GOOD
MPB
MPB
Q4 25
13.3%
Q3 25
3.1%
Q2 25
3.2%
Q1 25
5.7%
Q4 24
14.6%
Q3 24
0.0%
Q2 24
0.7%
Q1 24
0.8%
Cash Conversion
GOOD
GOOD
MPB
MPB
Q4 25
16.38×
4.12×
Q3 25
4.57×
1.44×
Q2 25
7.74×
6.08×
Q1 25
3.44×
0.84×
Q4 24
7.93×
3.88×
Q3 24
0.47×
1.37×
Q2 24
8.44×
1.53×
Q1 24
4.26×
1.02×

Financial Flow Comparison

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

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