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Side-by-side financial comparison of Midland States Bancorp, Inc. (MSBI) and Namib Minerals (NAMM). Click either name above to swap in a different company.

Midland States Bancorp, Inc. is the larger business by last-quarter revenue ($79.5M vs $41.9M, roughly 1.9× Namib Minerals).

Rainier Bancorporation was the Seattle-based parent corporation of Rainier National Bank, a Washington state bank with branches throughout the state. Rainier traced its roots back to the National Bank of Commerce, which was founded by Richard Holyoke in 1889. The name Rainier National Bank was adopted in 1974. Rainier Bancorp expanded into Alaska with the purchase of Anchorage's People's Bank & Trust in 1983 and into Oregon with the purchase of Gresham's Mount Hood Security Bank in 1986, expa...

Namib Minerals is a Namibia-based natural resources firm focused on exploration, development and extraction of high-demand mineral deposits including uranium, copper and lithium. It operates across licensed southern African sites, supplying raw materials to global clean energy, construction and electronics manufacturing sectors.

MSBI vs NAMM — Head-to-Head

Bigger by revenue
MSBI
MSBI
1.9× larger
MSBI
$79.5M
$41.9M
NAMM

Income Statement — Q1 FY2026 vs Q2 FY2025

Metric
MSBI
MSBI
NAMM
NAMM
Revenue
$79.5M
$41.9M
Net Profit
$18.5M
Gross Margin
45.7%
Operating Margin
29.8%
Net Margin
23.2%
Revenue YoY
Net Profit YoY
739.3%
EPS (diluted)
$0.74

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
MSBI
MSBI
NAMM
NAMM
Q1 26
$79.5M
Q4 25
$85.6M
Q3 25
$81.1M
Q2 25
$82.2M
$41.9M
Q1 25
$76.1M
Q4 24
$93.9M
Q3 24
$92.7M
Q2 24
$90.9M
Net Profit
MSBI
MSBI
NAMM
NAMM
Q1 26
$18.5M
Q4 25
$-2.9M
Q3 25
$7.6M
Q2 25
$12.0M
Q1 25
$-141.0M
Q4 24
$-30.8M
Q3 24
$20.4M
Q2 24
$25.7M
Gross Margin
MSBI
MSBI
NAMM
NAMM
Q1 26
Q4 25
Q3 25
Q2 25
45.7%
Q1 25
Q4 24
Q3 24
Q2 24
Operating Margin
MSBI
MSBI
NAMM
NAMM
Q1 26
Q4 25
-5.5%
Q3 25
13.9%
Q2 25
18.1%
29.8%
Q1 25
-181.2%
Q4 24
-66.5%
Q3 24
26.9%
Q2 24
35.0%
Net Margin
MSBI
MSBI
NAMM
NAMM
Q1 26
23.2%
Q4 25
-4.9%
Q3 25
9.3%
Q2 25
14.6%
Q1 25
-185.4%
Q4 24
-52.5%
Q3 24
22.1%
Q2 24
28.3%
EPS (diluted)
MSBI
MSBI
NAMM
NAMM
Q1 26
$0.74
Q4 25
$-0.22
Q3 25
$0.24
Q2 25
$0.44
Q1 25
$-6.58
Q4 24
$-1.49
Q3 24
$0.83
Q2 24
$1.06

Balance Sheet & Financial Strength

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

Metric
MSBI
MSBI
NAMM
NAMM
Cash + ST InvestmentsLiquidity on hand
$89.4M
Total DebtLower is stronger
$33.2M
Stockholders' EquityBook value
$569.5M
Total Assets
$6.5B
Debt / EquityLower = less leverage
0.06×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MSBI
MSBI
NAMM
NAMM
Q1 26
$89.4M
Q4 25
$127.8M
Q3 25
$166.1M
Q2 25
$176.6M
Q1 25
$102.0M
Q4 24
$114.8M
Q3 24
$121.9M
Q2 24
$124.6M
Total Debt
MSBI
MSBI
NAMM
NAMM
Q1 26
$33.2M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
MSBI
MSBI
NAMM
NAMM
Q1 26
$569.5M
Q4 25
$565.5M
Q3 25
$584.0M
Q2 25
$573.7M
Q1 25
$571.4M
Q4 24
$710.8M
Q3 24
$771.2M
Q2 24
$736.8M
Total Assets
MSBI
MSBI
NAMM
NAMM
Q1 26
$6.5B
Q4 25
$6.5B
Q3 25
$6.9B
Q2 25
$7.1B
Q1 25
$7.3B
Q4 24
$7.5B
Q3 24
$7.7B
Q2 24
$7.7B
Debt / Equity
MSBI
MSBI
NAMM
NAMM
Q1 26
0.06×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
MSBI
MSBI
NAMM
NAMM
Operating Cash FlowLast quarter
$11.4M
Free Cash FlowOCF − Capex
$7.4M
FCF MarginFCF / Revenue
17.6%
Capex IntensityCapex / Revenue
9.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MSBI
MSBI
NAMM
NAMM
Q1 26
Q4 25
$125.7M
Q3 25
$80.0M
Q2 25
$28.1M
$11.4M
Q1 25
$24.7M
Q4 24
$176.5M
Q3 24
$46.5M
Q2 24
$31.4M
Free Cash Flow
MSBI
MSBI
NAMM
NAMM
Q1 26
Q4 25
$120.3M
Q3 25
$78.6M
Q2 25
$26.7M
$7.4M
Q1 25
$22.9M
Q4 24
$169.6M
Q3 24
$44.4M
Q2 24
$29.9M
FCF Margin
MSBI
MSBI
NAMM
NAMM
Q1 26
Q4 25
140.6%
Q3 25
96.9%
Q2 25
32.4%
17.6%
Q1 25
30.1%
Q4 24
180.6%
Q3 24
47.9%
Q2 24
32.9%
Capex Intensity
MSBI
MSBI
NAMM
NAMM
Q1 26
Q4 25
6.2%
Q3 25
1.7%
Q2 25
1.7%
9.6%
Q1 25
2.4%
Q4 24
7.3%
Q3 24
2.3%
Q2 24
1.7%
Cash Conversion
MSBI
MSBI
NAMM
NAMM
Q1 26
Q4 25
Q3 25
10.58×
Q2 25
2.33×
Q1 25
Q4 24
Q3 24
2.28×
Q2 24
1.22×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MSBI
MSBI

Net Interest Income$57.4M72%
Noninterest Income$22.1M28%

NAMM
NAMM

Segment breakdown not available.

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