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Side-by-side financial comparison of NATIONAL BANKSHARES INC (NKSH) and UNITED SECURITY BANCSHARES (UBFO). Click either name above to swap in a different company.
NATIONAL BANKSHARES INC is the larger business by last-quarter revenue ($15.3M vs $13.5M, roughly 1.1× UNITED SECURITY BANCSHARES). NATIONAL BANKSHARES INC runs the higher net margin — 38.5% vs 25.2%, a 13.3% gap on every dollar of revenue. On growth, NATIONAL BANKSHARES INC posted the faster year-over-year revenue change (24.7% vs 13.6%). UNITED SECURITY BANCSHARES produced more free cash flow last quarter ($19.8M vs $15.2M). Over the past eight quarters, NATIONAL BANKSHARES INC's revenue compounded faster (20.9% CAGR vs 3.0%).
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.
United Security Bancshares is a bank holding company headquartered in Fresno, California. It operates 11 branches.
NKSH vs UBFO — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $15.3M | $13.5M |
| Net Profit | $5.9M | $3.4M |
| Gross Margin | — | — |
| Operating Margin | 47.4% | 31.5% |
| Net Margin | 38.5% | 25.2% |
| Revenue YoY | 24.7% | 13.6% |
| Net Profit YoY | 91.0% | 36.8% |
| EPS (diluted) | $0.93 | $0.18 |
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.
| Q4 25 | $15.3M | $13.5M | ||
| Q3 25 | $14.2M | $14.0M | ||
| Q2 25 | $13.3M | $12.6M | ||
| Q1 25 | $12.8M | $13.7M | ||
| Q4 24 | $12.2M | $11.9M | ||
| Q3 24 | $11.7M | $13.8M | ||
| Q2 24 | $10.9M | $13.0M | ||
| Q1 24 | $10.4M | $12.8M |
| Q4 25 | $5.9M | $3.4M | ||
| Q3 25 | $4.4M | $4.0M | ||
| Q2 25 | $2.3M | $2.2M | ||
| Q1 25 | $3.2M | $2.7M | ||
| Q4 24 | $3.1M | $2.5M | ||
| Q3 24 | $2.7M | $3.8M | ||
| Q2 24 | $-307.0K | $4.3M | ||
| Q1 24 | $2.2M | $4.2M |
| Q4 25 | 47.4% | 31.5% | ||
| Q3 25 | 37.9% | 40.3% | ||
| Q2 25 | 20.0% | 24.0% | ||
| Q1 25 | 30.5% | 27.5% | ||
| Q4 24 | 30.1% | 27.5% | ||
| Q3 24 | 27.5% | 37.1% | ||
| Q2 24 | -4.4% | 46.4% | ||
| Q1 24 | 25.8% | 45.9% |
| Q4 25 | 38.5% | 25.2% | ||
| Q3 25 | 31.1% | 28.7% | ||
| Q2 25 | 17.2% | 17.2% | ||
| Q1 25 | 25.3% | 19.6% | ||
| Q4 24 | 25.1% | 20.9% | ||
| Q3 24 | 22.8% | 27.7% | ||
| Q2 24 | -2.8% | 33.0% | ||
| Q1 24 | 20.8% | 32.6% |
| Q4 25 | $0.93 | $0.18 | ||
| Q3 25 | $0.69 | $0.23 | ||
| Q2 25 | $0.36 | $0.13 | ||
| Q1 25 | $0.51 | $0.16 | ||
| Q4 24 | $0.50 | $0.14 | ||
| Q3 24 | $0.42 | $0.22 | ||
| Q2 24 | $-0.05 | $0.25 | ||
| Q1 24 | $0.37 | $0.24 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $59.3M | $264.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $184.9M | $139.7M |
| Total Assets | $1.8B | $1.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $59.3M | $264.2M | ||
| Q3 25 | $42.3M | $211.1M | ||
| Q2 25 | $92.8M | $199.5M | ||
| Q1 25 | $122.5M | $198.4M | ||
| Q4 24 | $108.1M | $216.9M | ||
| Q3 24 | $49.8M | $216.8M | ||
| Q2 24 | $98.9M | $166.3M | ||
| Q1 24 | $121.2M | $168.6M |
| Q4 25 | $184.9M | $139.7M | ||
| Q3 25 | $179.2M | $137.4M | ||
| Q2 25 | $168.7M | $134.3M | ||
| Q1 25 | $167.3M | $132.9M | ||
| Q4 24 | $156.4M | $130.4M | ||
| Q3 24 | $167.8M | $132.9M | ||
| Q2 24 | $149.0M | $127.3M | ||
| Q1 24 | $139.4M | $124.2M |
| Q4 25 | $1.8B | $1.2B | ||
| Q3 25 | $1.8B | $1.2B | ||
| Q2 25 | $1.8B | $1.2B | ||
| Q1 25 | $1.8B | $1.2B | ||
| Q4 24 | $1.8B | $1.2B | ||
| Q3 24 | $1.8B | $1.3B | ||
| Q2 24 | $1.8B | $1.2B | ||
| Q1 24 | $1.7B | $1.2B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $17.9M | $22.1M |
| Free Cash FlowOCF − Capex | $15.2M | $19.8M |
| FCF MarginFCF / Revenue | 99.2% | 146.0% |
| Capex IntensityCapex / Revenue | 17.9% | 16.8% |
| Cash ConversionOCF / Net Profit | 3.04× | 6.46× |
| TTM Free Cash FlowTrailing 4 quarters | $23.6M | $36.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $17.9M | $22.1M | ||
| Q3 25 | $6.1M | $7.0M | ||
| Q2 25 | $2.1M | $8.7M | ||
| Q1 25 | $2.6M | $3.0M | ||
| Q4 24 | $9.4M | $19.6M | ||
| Q3 24 | $3.1M | $5.4M | ||
| Q2 24 | $-3.0M | $2.3M | ||
| Q1 24 | $3.8M | $7.4M |
| Q4 25 | $15.2M | $19.8M | ||
| Q3 25 | $5.3M | $6.1M | ||
| Q2 25 | $1.5M | $8.1M | ||
| Q1 25 | $1.6M | $2.9M | ||
| Q4 24 | $6.2M | $18.6M | ||
| Q3 24 | $2.2M | $5.3M | ||
| Q2 24 | $-4.0M | $2.0M | ||
| Q1 24 | $3.5M | $7.0M |
| Q4 25 | 99.2% | 146.0% | ||
| Q3 25 | 37.4% | 43.7% | ||
| Q2 25 | 11.5% | 64.3% | ||
| Q1 25 | 12.5% | 21.2% | ||
| Q4 24 | 50.5% | 156.0% | ||
| Q3 24 | 18.5% | 38.1% | ||
| Q2 24 | -36.3% | 15.5% | ||
| Q1 24 | 33.8% | 54.8% |
| Q4 25 | 17.9% | 16.8% | ||
| Q3 25 | 5.6% | 6.0% | ||
| Q2 25 | 4.1% | 4.6% | ||
| Q1 25 | 7.5% | 0.9% | ||
| Q4 24 | 26.6% | 8.7% | ||
| Q3 24 | 8.3% | 0.7% | ||
| Q2 24 | 9.3% | 2.2% | ||
| Q1 24 | 3.0% | 3.6% |
| Q4 25 | 3.04× | 6.46× | ||
| Q3 25 | 1.38× | 1.73× | ||
| Q2 25 | 0.90× | 4.01× | ||
| Q1 25 | 0.79× | 1.13× | ||
| Q4 24 | 3.07× | 7.87× | ||
| Q3 24 | 1.17× | 1.40× | ||
| Q2 24 | — | 0.54× | ||
| Q1 24 | 1.77× | 1.79× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
