vs

Side-by-side financial comparison of MARTIN MIDSTREAM PARTNERS L.P. (MMLP) and ServisFirst Bancshares, Inc. (SFBS). Click either name above to swap in a different company.

MARTIN MIDSTREAM PARTNERS L.P. is the larger business by last-quarter revenue ($187.7M vs $159.0M, roughly 1.2× ServisFirst Bancshares, Inc.). ServisFirst Bancshares, Inc. runs the higher net margin — 52.2% vs 1.7%, a 50.5% gap on every dollar of revenue. Over the past eight quarters, ServisFirst Bancshares, Inc.'s revenue compounded faster (17.7% CAGR vs 0.8%).

Martin Midstream Partners L.P. is a U.S.-based midstream energy services provider. It offers storage, transportation, distribution and processing solutions for crude oil, natural gas liquids, refined petroleum products and specialty chemicals, mainly serving customers across North American energy and industrial segments.

ServisFirst Bancshares, Inc. is a U.S.-based bank holding company operating full-service banking locations primarily across the Southeastern United States. It offers a full suite of commercial banking, consumer banking, wealth management, and mortgage lending services to small and medium-sized businesses, professional clients, and individual consumers.

MMLP vs SFBS — Head-to-Head

Bigger by revenue
MMLP
MMLP
1.2× larger
MMLP
$187.7M
$159.0M
SFBS
Higher net margin
SFBS
SFBS
50.5% more per $
SFBS
52.2%
1.7%
MMLP
Faster 2-yr revenue CAGR
SFBS
SFBS
Annualised
SFBS
17.7%
0.8%
MMLP

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
MMLP
MMLP
SFBS
SFBS
Revenue
$187.7M
$159.0M
Net Profit
$3.2M
$83.0M
Gross Margin
Operating Margin
4.1%
Net Margin
1.7%
52.2%
Revenue YoY
-2.5%
Net Profit YoY
-37.1%
31.2%
EPS (diluted)
$1.52

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
MMLP
MMLP
SFBS
SFBS
Q1 26
$187.7M
$159.0M
Q4 25
$174.2M
$162.2M
Q3 25
$168.7M
$136.3M
Q2 25
$180.7M
$132.1M
Q1 25
$192.5M
$131.8M
Q4 24
$171.3M
$131.9M
Q3 24
$170.9M
$123.7M
Q2 24
$184.5M
$114.8M
Net Profit
MMLP
MMLP
SFBS
SFBS
Q1 26
$3.2M
$83.0M
Q4 25
$-2.9M
$86.4M
Q3 25
$-8.4M
$65.6M
Q2 25
$-2.4M
$61.4M
Q1 25
$-1.0M
$63.2M
Q4 24
$-8.9M
$65.2M
Q3 24
$-3.3M
$59.9M
Q2 24
$3.8M
$52.1M
Gross Margin
MMLP
MMLP
SFBS
SFBS
Q1 26
Q4 25
57.1%
Q3 25
55.1%
Q2 25
56.5%
Q1 25
53.5%
Q4 24
58.2%
Q3 24
58.5%
Q2 24
58.4%
Operating Margin
MMLP
MMLP
SFBS
SFBS
Q1 26
4.1%
Q4 25
7.3%
66.3%
Q3 25
4.1%
57.8%
Q2 25
8.2%
58.0%
Q1 25
7.5%
60.0%
Q4 24
4.0%
60.2%
Q3 24
7.4%
58.5%
Q2 24
10.8%
58.0%
Net Margin
MMLP
MMLP
SFBS
SFBS
Q1 26
1.7%
52.2%
Q4 25
-1.7%
59.0%
Q3 25
-5.0%
48.1%
Q2 25
-1.3%
46.5%
Q1 25
-0.5%
48.0%
Q4 24
-5.2%
52.9%
Q3 24
-1.9%
48.4%
Q2 24
2.0%
45.4%
EPS (diluted)
MMLP
MMLP
SFBS
SFBS
Q1 26
$1.52
Q4 25
$1.58
Q3 25
$1.20
Q2 25
$1.12
Q1 25
$1.16
Q4 24
$1.19
Q3 24
$1.10
Q2 24
$0.95

Balance Sheet & Financial Strength

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

Metric
MMLP
MMLP
SFBS
SFBS
Cash + ST InvestmentsLiquidity on hand
$1.8B
Total DebtLower is stronger
Stockholders' EquityBook value
$1.9B
Total Assets
$537.1M
$18.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MMLP
MMLP
SFBS
SFBS
Q1 26
$1.8B
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Total Debt
MMLP
MMLP
SFBS
SFBS
Q1 26
Q4 25
$428.0M
Q3 25
$441.3M
Q2 25
$427.8M
Q1 25
$451.4M
Q4 24
$437.6M
Q3 24
$469.3M
Q2 24
$439.4M
Stockholders' Equity
MMLP
MMLP
SFBS
SFBS
Q1 26
$1.9B
Q4 25
$1.8B
Q3 25
$1.8B
Q2 25
$1.7B
Q1 25
$1.7B
Q4 24
$1.6B
Q3 24
$1.6B
Q2 24
$1.5B
Total Assets
MMLP
MMLP
SFBS
SFBS
Q1 26
$537.1M
$18.2B
Q4 25
$522.4M
$17.7B
Q3 25
$510.1M
$17.6B
Q2 25
$515.6M
$17.4B
Q1 25
$533.4M
$18.6B
Q4 24
$538.5M
$17.4B
Q3 24
$554.8M
$16.4B
Q2 24
$535.1M
$16.0B

Cash Flow & Capital Efficiency

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

Metric
MMLP
MMLP
SFBS
SFBS
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$-6.0M
FCF MarginFCF / Revenue
-3.2%
Capex IntensityCapex / Revenue
1.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$27.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MMLP
MMLP
SFBS
SFBS
Q1 26
Q4 25
$22.4M
$355.2M
Q3 25
$-1.2M
$140.9M
Q2 25
$30.9M
$67.6M
Q1 25
$-6.0M
$48.0M
Q4 24
$42.2M
$252.9M
Q3 24
$-15.8M
$84.0M
Q2 24
$11.8M
$48.3M
Free Cash Flow
MMLP
MMLP
SFBS
SFBS
Q1 26
$-6.0M
Q4 25
$15.6M
Q3 25
$-7.9M
Q2 25
$25.6M
Q1 25
$-11.9M
Q4 24
$34.2M
Q3 24
$-25.6M
Q2 24
$-696.0K
FCF Margin
MMLP
MMLP
SFBS
SFBS
Q1 26
-3.2%
Q4 25
8.9%
Q3 25
-4.7%
Q2 25
14.2%
Q1 25
-6.2%
Q4 24
20.0%
Q3 24
-15.0%
Q2 24
-0.4%
Capex Intensity
MMLP
MMLP
SFBS
SFBS
Q1 26
1.6%
Q4 25
3.9%
Q3 25
4.0%
Q2 25
3.0%
Q1 25
3.1%
Q4 24
4.6%
Q3 24
5.8%
Q2 24
6.8%
Cash Conversion
MMLP
MMLP
SFBS
SFBS
Q1 26
Q4 25
4.11×
Q3 25
2.15×
Q2 25
1.10×
Q1 25
0.76×
Q4 24
3.88×
Q3 24
1.40×
Q2 24
3.13×
0.93×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MMLP
MMLP

Specialty products$61.6M33%
Transportation *$52.8M28%
Other$46.5M25%
Terminalling and storage *$22.4M12%
Sulfur services$4.4M2%

SFBS
SFBS

Net Interest Income$148.1M93%
Noninterest Income$10.8M7%

Related Comparisons