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Side-by-side financial comparison of National Bank Holdings Corp (NBHC) and UNIVERSAL DISPLAY CORP \PA\ (OLED). Click either name above to swap in a different company.

UNIVERSAL DISPLAY CORP \PA\ is the larger business by last-quarter revenue ($172.9M vs $126.8M, roughly 1.4× National Bank Holdings Corp). UNIVERSAL DISPLAY CORP \PA\ runs the higher net margin — 38.4% vs 16.4%, a 22.0% gap on every dollar of revenue. Over the past eight quarters, National Bank Holdings Corp's revenue compounded faster (14.0% CAGR vs 2.3%).

Old National Bank is an American regional bank with nearly 200 retail branches operated by Old National Bancorp and based in Chicago and Evansville, Indiana. With assets at $48.5 billion and 250 banking centers, Old National Bancorp is the largest financial services bank holding company headquartered in Indiana and one of the top 30 banking companies in the U.S. Old National Bank has locations in Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota, Tennessee, and Wisconsin.

Universal Display Corporation is a developer and manufacturer of organic light emitting diode (OLED) technologies and materials, and it is a provider of services to the display and lighting industries.

NBHC vs OLED — Head-to-Head

Bigger by revenue
OLED
OLED
1.4× larger
OLED
$172.9M
$126.8M
NBHC
Higher net margin
OLED
OLED
22.0% more per $
OLED
38.4%
16.4%
NBHC
Faster 2-yr revenue CAGR
NBHC
NBHC
Annualised
NBHC
14.0%
2.3%
OLED

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
NBHC
NBHC
OLED
OLED
Revenue
$126.8M
$172.9M
Net Profit
$20.8M
$66.3M
Gross Margin
76.1%
Operating Margin
38.9%
Net Margin
16.4%
38.4%
Revenue YoY
6.6%
Net Profit YoY
-14.2%
44.2%
EPS (diluted)
$0.46
$1.40

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
NBHC
NBHC
OLED
OLED
Q1 26
$126.8M
Q4 25
$100.6M
$172.9M
Q3 25
$108.9M
$139.6M
Q2 25
$104.5M
$171.8M
Q1 25
$102.1M
$166.3M
Q4 24
$101.3M
$162.3M
Q3 24
$106.0M
$161.6M
Q2 24
$97.6M
$158.5M
Net Profit
NBHC
NBHC
OLED
OLED
Q1 26
$20.8M
Q4 25
$16.0M
$66.3M
Q3 25
$35.3M
$44.0M
Q2 25
$34.0M
$67.3M
Q1 25
$24.2M
$64.4M
Q4 24
$28.2M
$46.0M
Q3 24
$33.1M
$66.9M
Q2 24
$26.1M
$52.3M
Gross Margin
NBHC
NBHC
OLED
OLED
Q1 26
Q4 25
76.1%
Q3 25
74.6%
Q2 25
77.2%
Q1 25
77.1%
Q4 24
77.0%
Q3 24
77.8%
Q2 24
75.8%
Operating Margin
NBHC
NBHC
OLED
OLED
Q1 26
Q4 25
19.0%
38.9%
Q3 25
39.6%
30.9%
Q2 25
39.8%
39.9%
Q1 25
29.2%
41.9%
Q4 24
34.3%
32.3%
Q3 24
37.6%
41.5%
Q2 24
32.5%
35.6%
Net Margin
NBHC
NBHC
OLED
OLED
Q1 26
16.4%
Q4 25
15.9%
38.4%
Q3 25
32.4%
31.5%
Q2 25
32.6%
39.2%
Q1 25
23.7%
38.8%
Q4 24
27.8%
28.4%
Q3 24
31.2%
41.4%
Q2 24
26.8%
33.0%
EPS (diluted)
NBHC
NBHC
OLED
OLED
Q1 26
$0.46
Q4 25
$0.42
$1.40
Q3 25
$0.92
$0.92
Q2 25
$0.88
$1.41
Q1 25
$0.63
$1.35
Q4 24
$0.72
$0.96
Q3 24
$0.86
$1.40
Q2 24
$0.68
$1.10

Balance Sheet & Financial Strength

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

Metric
NBHC
NBHC
OLED
OLED
Cash + ST InvestmentsLiquidity on hand
$472.8M
$602.4M
Total DebtLower is stronger
$202.1M
Stockholders' EquityBook value
$1.7B
$1.8B
Total Assets
$12.6B
$2.0B
Debt / EquityLower = less leverage
0.12×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NBHC
NBHC
OLED
OLED
Q1 26
$472.8M
Q4 25
$417.1M
$602.4M
Q3 25
$555.6M
$603.0M
Q2 25
$296.5M
$525.2M
Q1 25
$246.3M
$571.3M
Q4 24
$127.8M
$492.7M
Q3 24
$180.8M
$551.6M
Q2 24
$145.0M
$530.5M
Total Debt
NBHC
NBHC
OLED
OLED
Q1 26
$202.1M
Q4 25
$54.5M
Q3 25
$54.7M
Q2 25
$54.4M
Q1 25
$54.6M
Q4 24
$54.5M
Q3 24
$54.4M
Q2 24
$54.4M
Stockholders' Equity
NBHC
NBHC
OLED
OLED
Q1 26
$1.7B
Q4 25
$1.4B
$1.8B
Q3 25
$1.4B
$1.7B
Q2 25
$1.4B
$1.7B
Q1 25
$1.3B
$1.7B
Q4 24
$1.3B
$1.6B
Q3 24
$1.3B
$1.6B
Q2 24
$1.2B
$1.5B
Total Assets
NBHC
NBHC
OLED
OLED
Q1 26
$12.6B
Q4 25
$9.9B
$2.0B
Q3 25
$10.2B
$1.9B
Q2 25
$10.0B
$1.9B
Q1 25
$10.1B
$1.9B
Q4 24
$9.8B
$1.8B
Q3 24
$10.0B
$1.8B
Q2 24
$10.0B
$1.8B
Debt / Equity
NBHC
NBHC
OLED
OLED
Q1 26
0.12×
Q4 25
0.04×
Q3 25
0.04×
Q2 25
0.04×
Q1 25
0.04×
Q4 24
0.04×
Q3 24
0.04×
Q2 24
0.04×

Cash Flow & Capital Efficiency

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

Metric
NBHC
NBHC
OLED
OLED
Operating Cash FlowLast quarter
$31.1M
Free Cash FlowOCF − Capex
$15.1M
FCF MarginFCF / Revenue
8.7%
Capex IntensityCapex / Revenue
9.3%
Cash ConversionOCF / Net Profit
0.47×
TTM Free Cash FlowTrailing 4 quarters
$154.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NBHC
NBHC
OLED
OLED
Q1 26
Q4 25
$162.4M
$31.1M
Q3 25
$52.4M
$97.2M
Q2 25
$32.3M
$51.9M
Q1 25
$39.6M
$30.6M
Q4 24
$155.3M
$34.7M
Q3 24
$47.0M
$79.9M
Q2 24
$31.9M
$67.0M
Free Cash Flow
NBHC
NBHC
OLED
OLED
Q1 26
Q4 25
$15.1M
Q3 25
$84.3M
Q2 25
$37.5M
Q1 25
$17.5M
Q4 24
$22.0M
Q3 24
$66.2M
Q2 24
$57.9M
FCF Margin
NBHC
NBHC
OLED
OLED
Q1 26
Q4 25
8.7%
Q3 25
60.4%
Q2 25
21.8%
Q1 25
10.5%
Q4 24
13.6%
Q3 24
41.0%
Q2 24
36.5%
Capex Intensity
NBHC
NBHC
OLED
OLED
Q1 26
Q4 25
9.3%
Q3 25
9.2%
Q2 25
8.4%
Q1 25
7.9%
Q4 24
7.8%
Q3 24
8.4%
Q2 24
5.8%
Cash Conversion
NBHC
NBHC
OLED
OLED
Q1 26
Q4 25
10.13×
0.47×
Q3 25
1.48×
2.21×
Q2 25
0.95×
0.77×
Q1 25
1.64×
0.47×
Q4 24
5.51×
0.75×
Q3 24
1.42×
1.19×
Q2 24
1.22×
1.28×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NBHC
NBHC

Net Interest Income$108.8M86%
Noninterest Income$18.0M14%

OLED
OLED

Material Sales$95.5M55%
Other$72.6M42%
Contract Research Services$4.8M3%

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