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Side-by-side financial comparison of NATIONAL BANKSHARES INC (NKSH) and OFF THE HOOK YS INC. (OTH). Click either name above to swap in a different company.

OFF THE HOOK YS INC. is the larger business by last-quarter revenue ($24.0M vs $15.3M, roughly 1.6× NATIONAL BANKSHARES INC). NATIONAL BANKSHARES INC runs the higher net margin — 38.5% vs -0.3%, a 38.8% gap on every dollar of revenue. NATIONAL BANKSHARES INC produced more free cash flow last quarter ($15.2M vs $-867.2K).

Nicolet Bankshares, Inc. is a U.S. regional bank holding company based in Green Bay, Wisconsin. They are the parent company of Nicolet National Bank, the second largest Wisconsin-based bank.

NKSH vs OTH — Head-to-Head

Bigger by revenue
OTH
OTH
1.6× larger
OTH
$24.0M
$15.3M
NKSH
Higher net margin
NKSH
NKSH
38.8% more per $
NKSH
38.5%
-0.3%
OTH
More free cash flow
NKSH
NKSH
$16.0M more FCF
NKSH
$15.2M
$-867.2K
OTH

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
NKSH
NKSH
OTH
OTH
Revenue
$15.3M
$24.0M
Net Profit
$5.9M
$-66.7K
Gross Margin
12.6%
Operating Margin
47.4%
1.3%
Net Margin
38.5%
-0.3%
Revenue YoY
24.7%
Net Profit YoY
91.0%
EPS (diluted)
$0.93
$-0.00

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
NKSH
NKSH
OTH
OTH
Q4 25
$15.3M
Q3 25
$14.2M
$24.0M
Q2 25
$13.3M
Q1 25
$12.8M
Q4 24
$12.2M
Q3 24
$11.7M
Q2 24
$10.9M
Q1 24
$10.4M
Net Profit
NKSH
NKSH
OTH
OTH
Q4 25
$5.9M
Q3 25
$4.4M
$-66.7K
Q2 25
$2.3M
Q1 25
$3.2M
Q4 24
$3.1M
Q3 24
$2.7M
Q2 24
$-307.0K
Q1 24
$2.2M
Gross Margin
NKSH
NKSH
OTH
OTH
Q4 25
Q3 25
12.6%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
NKSH
NKSH
OTH
OTH
Q4 25
47.4%
Q3 25
37.9%
1.3%
Q2 25
20.0%
Q1 25
30.5%
Q4 24
30.1%
Q3 24
27.5%
Q2 24
-4.4%
Q1 24
25.8%
Net Margin
NKSH
NKSH
OTH
OTH
Q4 25
38.5%
Q3 25
31.1%
-0.3%
Q2 25
17.2%
Q1 25
25.3%
Q4 24
25.1%
Q3 24
22.8%
Q2 24
-2.8%
Q1 24
20.8%
EPS (diluted)
NKSH
NKSH
OTH
OTH
Q4 25
$0.93
Q3 25
$0.69
$-0.00
Q2 25
$0.36
Q1 25
$0.51
Q4 24
$0.50
Q3 24
$0.42
Q2 24
$-0.05
Q1 24
$0.37

Balance Sheet & Financial Strength

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

Metric
NKSH
NKSH
OTH
OTH
Cash + ST InvestmentsLiquidity on hand
$59.3M
$2.3M
Total DebtLower is stronger
$287.2K
Stockholders' EquityBook value
$184.9M
$-610.5K
Total Assets
$1.8B
$32.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NKSH
NKSH
OTH
OTH
Q4 25
$59.3M
Q3 25
$42.3M
$2.3M
Q2 25
$92.8M
Q1 25
$122.5M
Q4 24
$108.1M
Q3 24
$49.8M
Q2 24
$98.9M
Q1 24
$121.2M
Total Debt
NKSH
NKSH
OTH
OTH
Q4 25
Q3 25
$287.2K
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
NKSH
NKSH
OTH
OTH
Q4 25
$184.9M
Q3 25
$179.2M
$-610.5K
Q2 25
$168.7M
Q1 25
$167.3M
Q4 24
$156.4M
Q3 24
$167.8M
Q2 24
$149.0M
Q1 24
$139.4M
Total Assets
NKSH
NKSH
OTH
OTH
Q4 25
$1.8B
Q3 25
$1.8B
$32.6M
Q2 25
$1.8B
Q1 25
$1.8B
Q4 24
$1.8B
Q3 24
$1.8B
Q2 24
$1.8B
Q1 24
$1.7B

Cash Flow & Capital Efficiency

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

Metric
NKSH
NKSH
OTH
OTH
Operating Cash FlowLast quarter
$17.9M
$-664.2K
Free Cash FlowOCF − Capex
$15.2M
$-867.2K
FCF MarginFCF / Revenue
99.2%
-3.6%
Capex IntensityCapex / Revenue
17.9%
0.8%
Cash ConversionOCF / Net Profit
3.04×
TTM Free Cash FlowTrailing 4 quarters
$23.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NKSH
NKSH
OTH
OTH
Q4 25
$17.9M
Q3 25
$6.1M
$-664.2K
Q2 25
$2.1M
Q1 25
$2.6M
Q4 24
$9.4M
Q3 24
$3.1M
Q2 24
$-3.0M
Q1 24
$3.8M
Free Cash Flow
NKSH
NKSH
OTH
OTH
Q4 25
$15.2M
Q3 25
$5.3M
$-867.2K
Q2 25
$1.5M
Q1 25
$1.6M
Q4 24
$6.2M
Q3 24
$2.2M
Q2 24
$-4.0M
Q1 24
$3.5M
FCF Margin
NKSH
NKSH
OTH
OTH
Q4 25
99.2%
Q3 25
37.4%
-3.6%
Q2 25
11.5%
Q1 25
12.5%
Q4 24
50.5%
Q3 24
18.5%
Q2 24
-36.3%
Q1 24
33.8%
Capex Intensity
NKSH
NKSH
OTH
OTH
Q4 25
17.9%
Q3 25
5.6%
0.8%
Q2 25
4.1%
Q1 25
7.5%
Q4 24
26.6%
Q3 24
8.3%
Q2 24
9.3%
Q1 24
3.0%
Cash Conversion
NKSH
NKSH
OTH
OTH
Q4 25
3.04×
Q3 25
1.38×
Q2 25
0.90×
Q1 25
0.79×
Q4 24
3.07×
Q3 24
1.17×
Q2 24
Q1 24
1.77×

Financial Flow Comparison

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

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