vs

Side-by-side financial comparison of Jerash Holdings (US), Inc. (JRSH) 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 $41.8M, roughly 1.5× Jerash Holdings (US), Inc.). MID PENN BANCORP INC runs the higher net margin — 31.4% vs 2.8%, a 28.5% gap on every dollar of revenue. On growth, MID PENN BANCORP INC posted the faster year-over-year revenue change (30.8% vs 18.0%). MID PENN BANCORP INC produced more free cash flow last quarter ($71.8M vs $-3.9M). Over the past eight quarters, Jerash Holdings (US), Inc.'s revenue compounded faster (39.1% CAGR vs 21.1%).

Jerash Holdings (US), Inc. is a global apparel manufacturer producing high-quality outerwear, sportswear, casual and performance apparel for renowned international retail and apparel brand clients. Its core markets cover North America, Europe and Asia Pacific, with manufacturing bases in Jordan and Southeast Asia.

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.

JRSH vs MPB — Head-to-Head

Bigger by revenue
MPB
MPB
1.5× larger
MPB
$62.0M
$41.8M
JRSH
Growing faster (revenue YoY)
MPB
MPB
+12.7% gap
MPB
30.8%
18.0%
JRSH
Higher net margin
MPB
MPB
28.5% more per $
MPB
31.4%
2.8%
JRSH
More free cash flow
MPB
MPB
$75.7M more FCF
MPB
$71.8M
$-3.9M
JRSH
Faster 2-yr revenue CAGR
JRSH
JRSH
Annualised
JRSH
39.1%
21.1%
MPB

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
JRSH
JRSH
MPB
MPB
Revenue
$41.8M
$62.0M
Net Profit
$1.2M
$19.4M
Gross Margin
16.9%
Operating Margin
4.7%
43.6%
Net Margin
2.8%
31.4%
Revenue YoY
18.0%
30.8%
Net Profit YoY
20261.5%
47.0%
EPS (diluted)
$0.09
$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
JRSH
JRSH
MPB
MPB
Q4 25
$41.8M
$62.0M
Q3 25
$42.0M
$61.8M
Q2 25
$39.6M
$54.3M
Q1 25
$29.3M
$47.7M
Q4 24
$35.4M
$47.4M
Q3 24
$40.2M
$45.3M
Q2 24
$40.9M
$44.1M
Q1 24
$21.6M
$42.3M
Net Profit
JRSH
JRSH
MPB
MPB
Q4 25
$1.2M
$19.4M
Q3 25
$461.6K
$18.3M
Q2 25
$318.7K
$4.8M
Q1 25
$-152.6K
$13.7M
Q4 24
$-5.8K
$13.2M
Q3 24
$655.3K
$12.3M
Q2 24
$-1.3M
$11.8M
Q1 24
$-3.1M
$12.1M
Gross Margin
JRSH
JRSH
MPB
MPB
Q4 25
16.9%
Q3 25
15.0%
Q2 25
15.4%
Q1 25
17.9%
Q4 24
15.2%
Q3 24
17.5%
Q2 24
11.3%
Q1 24
7.0%
Operating Margin
JRSH
JRSH
MPB
MPB
Q4 25
4.7%
43.6%
Q3 25
2.6%
39.3%
Q2 25
2.4%
7.9%
Q1 25
1.5%
35.2%
Q4 24
2.0%
34.1%
Q3 24
2.8%
32.8%
Q2 24
-2.0%
32.4%
Q1 24
-14.0%
34.8%
Net Margin
JRSH
JRSH
MPB
MPB
Q4 25
2.8%
31.4%
Q3 25
1.1%
29.6%
Q2 25
0.8%
8.8%
Q1 25
-0.5%
28.8%
Q4 24
-0.0%
27.9%
Q3 24
1.6%
27.1%
Q2 24
-3.3%
26.7%
Q1 24
-14.3%
28.7%
EPS (diluted)
JRSH
JRSH
MPB
MPB
Q4 25
$0.09
$0.83
Q3 25
$0.04
$0.79
Q2 25
$0.03
$0.22
Q1 25
$-0.01
$0.71
Q4 24
$0.00
$0.72
Q3 24
$0.05
$0.74
Q2 24
$-0.11
$0.71
Q1 24
$-0.25
$0.73

Balance Sheet & Financial Strength

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

Metric
JRSH
JRSH
MPB
MPB
Cash + ST InvestmentsLiquidity on hand
$11.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$63.6M
$814.1M
Total Assets
$84.2M
$6.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
JRSH
JRSH
MPB
MPB
Q4 25
$11.5M
Q3 25
$12.0M
Q2 25
$5.8M
Q1 25
$13.3M
Q4 24
$13.2M
Q3 24
$16.3M
Q2 24
$11.4M
Q1 24
$12.4M
Stockholders' Equity
JRSH
JRSH
MPB
MPB
Q4 25
$63.6M
$814.1M
Q3 25
$62.8M
$796.3M
Q2 25
$62.7M
$775.7M
Q1 25
$62.8M
$667.9M
Q4 24
$63.1M
$655.0M
Q3 24
$63.4M
$573.1M
Q2 24
$62.9M
$559.7M
Q1 24
$64.4M
$551.0M
Total Assets
JRSH
JRSH
MPB
MPB
Q4 25
$84.2M
$6.1B
Q3 25
$83.3M
$6.3B
Q2 25
$81.7M
$6.4B
Q1 25
$83.0M
$5.5B
Q4 24
$79.8M
$5.5B
Q3 24
$80.3M
$5.5B
Q2 24
$76.7M
$5.4B
Q1 24
$80.2M
$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
JRSH
JRSH
MPB
MPB
Operating Cash FlowLast quarter
$-3.8M
$80.0M
Free Cash FlowOCF − Capex
$-3.9M
$71.8M
FCF MarginFCF / Revenue
-9.3%
115.8%
Capex IntensityCapex / Revenue
0.2%
13.3%
Cash ConversionOCF / Net Profit
-3.25×
4.12×
TTM Free Cash FlowTrailing 4 quarters
$-2.9M
$132.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
JRSH
JRSH
MPB
MPB
Q4 25
$-3.8M
$80.0M
Q3 25
$6.8M
$26.3M
Q2 25
$-6.5M
$29.0M
Q1 25
$1.9M
$11.5M
Q4 24
$-3.0M
$51.4M
Q3 24
$4.6M
$16.9M
Q2 24
$-2.2M
$18.0M
Q1 24
$-5.4M
$12.4M
Free Cash Flow
JRSH
JRSH
MPB
MPB
Q4 25
$-3.9M
$71.8M
Q3 25
$6.4M
$24.3M
Q2 25
$-6.9M
$27.2M
Q1 25
$1.5M
$8.8M
Q4 24
$-3.2M
$44.5M
Q3 24
$4.4M
$16.8M
Q2 24
$-2.3M
$17.7M
Q1 24
$-5.8M
$12.1M
FCF Margin
JRSH
JRSH
MPB
MPB
Q4 25
-9.3%
115.8%
Q3 25
15.3%
39.4%
Q2 25
-17.5%
50.1%
Q1 25
5.1%
18.4%
Q4 24
-8.9%
93.8%
Q3 24
11.0%
37.1%
Q2 24
-5.7%
40.2%
Q1 24
-26.9%
28.5%
Capex Intensity
JRSH
JRSH
MPB
MPB
Q4 25
0.2%
13.3%
Q3 25
0.9%
3.1%
Q2 25
1.2%
3.2%
Q1 25
1.6%
5.7%
Q4 24
0.4%
14.6%
Q3 24
0.5%
0.0%
Q2 24
0.3%
0.7%
Q1 24
1.9%
0.8%
Cash Conversion
JRSH
JRSH
MPB
MPB
Q4 25
-3.25×
4.12×
Q3 25
14.72×
1.44×
Q2 25
-20.33×
6.08×
Q1 25
0.84×
Q4 24
3.88×
Q3 24
7.06×
1.37×
Q2 24
1.53×
Q1 24
1.02×

Financial Flow Comparison

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

Related Comparisons