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Side-by-side financial comparison of Origin Bancorp, Inc. (OBK) and Summit Midstream Corp (SMC). Click either name above to swap in a different company.

Summit Midstream Corp is the larger business by last-quarter revenue ($142.3M vs $104.0M, roughly 1.4× Origin Bancorp, Inc.). Origin Bancorp, Inc. runs the higher net margin — 26.6% vs -5.1%, a 31.8% gap on every dollar of revenue.

Southern Bancorp is a community development financial institution headquartered in Arkadelphia, Arkansas. It was founded in 1986 as Southern Development Bancorporation, and is often referred to simply as "Southern".

Summit Midstream Corp is a North American midstream energy firm serving upstream oil and gas producers. It runs natural gas and crude gathering pipelines, compression facilities, and produced water handling services, with assets across key US onshore resource basins.

OBK vs SMC — Head-to-Head

Bigger by revenue
SMC
SMC
1.4× larger
SMC
$142.3M
$104.0M
OBK
Higher net margin
OBK
OBK
31.8% more per $
OBK
26.6%
-5.1%
SMC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
OBK
OBK
SMC
SMC
Revenue
$104.0M
$142.3M
Net Profit
$27.7M
$-7.3M
Gross Margin
72.1%
Operating Margin
-5.5%
Net Margin
26.6%
-5.1%
Revenue YoY
Net Profit YoY
EPS (diluted)
$0.89
$-0.66

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
OBK
OBK
SMC
SMC
Q1 26
$104.0M
Q4 25
$103.4M
$142.3M
Q3 25
$109.8M
$146.9M
Q2 25
$83.5M
$140.2M
Q1 25
$94.1M
$132.7M
Q4 24
$78.3M
Q3 24
$90.8M
$102.4M
Q2 24
$96.4M
Net Profit
OBK
OBK
SMC
SMC
Q1 26
$27.7M
Q4 25
$29.5M
$-7.3M
Q3 25
$8.6M
$-1.6M
Q2 25
$14.6M
$-8.0M
Q1 25
$22.4M
$2.0M
Q4 24
$14.3M
Q3 24
$18.6M
$-204.9M
Q2 24
$21.0M
Gross Margin
OBK
OBK
SMC
SMC
Q1 26
Q4 25
72.1%
Q3 25
74.0%
Q2 25
74.4%
Q1 25
73.3%
Q4 24
Q3 24
72.4%
Q2 24
Operating Margin
OBK
OBK
SMC
SMC
Q1 26
Q4 25
36.2%
-5.5%
Q3 25
10.0%
3.8%
Q2 25
22.3%
-3.6%
Q1 25
30.4%
3.7%
Q4 24
23.0%
Q3 24
26.1%
-53.7%
Q2 24
27.7%
Net Margin
OBK
OBK
SMC
SMC
Q1 26
26.6%
Q4 25
28.5%
-5.1%
Q3 25
7.9%
-1.1%
Q2 25
17.5%
-5.7%
Q1 25
23.8%
1.5%
Q4 24
18.2%
Q3 24
20.5%
-200.1%
Q2 24
21.8%
EPS (diluted)
OBK
OBK
SMC
SMC
Q1 26
$0.89
Q4 25
$0.95
$-0.66
Q3 25
$0.27
$-0.13
Q2 25
$0.47
$-0.66
Q1 25
$0.71
$-0.16
Q4 24
$0.45
Q3 24
$0.60
$-19.25
Q2 24
$0.67

Balance Sheet & Financial Strength

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

Metric
OBK
OBK
SMC
SMC
Cash + ST InvestmentsLiquidity on hand
$9.3M
Total DebtLower is stronger
$1.0B
Stockholders' EquityBook value
$1.3B
$546.2M
Total Assets
$10.2B
$2.4B
Debt / EquityLower = less leverage
1.91×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OBK
OBK
SMC
SMC
Q1 26
Q4 25
$424.2M
$9.3M
Q3 25
$626.9M
$24.6M
Q2 25
$334.1M
$20.9M
Q1 25
$486.2M
$26.2M
Q4 24
$470.2M
Q3 24
$321.2M
$17.8M
Q2 24
$288.1M
Total Debt
OBK
OBK
SMC
SMC
Q1 26
Q4 25
$1.0B
Q3 25
$1.1B
Q2 25
$1.1B
Q1 25
$1.1B
Q4 24
Q3 24
$957.0M
Q2 24
Stockholders' Equity
OBK
OBK
SMC
SMC
Q1 26
$1.3B
Q4 25
$1.2B
$546.2M
Q3 25
$1.2B
$551.9M
Q2 25
$1.2B
$552.0M
Q1 25
$1.2B
$558.1M
Q4 24
$1.1B
Q3 24
$1.1B
$651.5M
Q2 24
$1.1B
Total Assets
OBK
OBK
SMC
SMC
Q1 26
$10.2B
Q4 25
$9.7B
$2.4B
Q3 25
$9.8B
$2.4B
Q2 25
$9.7B
$2.4B
Q1 25
$9.8B
$2.4B
Q4 24
$9.7B
Q3 24
$10.0B
$2.0B
Q2 24
$9.9B
Debt / Equity
OBK
OBK
SMC
SMC
Q1 26
Q4 25
1.91×
Q3 25
1.96×
Q2 25
1.95×
Q1 25
1.94×
Q4 24
Q3 24
1.47×
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
OBK
OBK
SMC
SMC
Operating Cash FlowLast quarter
$53.7M
Free Cash FlowOCF − Capex
$34.5M
FCF MarginFCF / Revenue
24.3%
Capex IntensityCapex / Revenue
13.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$44.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OBK
OBK
SMC
SMC
Q1 26
Q4 25
$158.9M
$53.7M
Q3 25
$59.3M
$26.7M
Q2 25
$20.6M
$37.2M
Q1 25
$35.6M
$16.0M
Q4 24
$108.5M
Q3 24
$39.6M
Q2 24
$11.9M
Free Cash Flow
OBK
OBK
SMC
SMC
Q1 26
Q4 25
$151.1M
$34.5M
Q3 25
$56.8M
$3.8M
Q2 25
$19.6M
$10.8M
Q1 25
$34.8M
$-4.6M
Q4 24
$86.4M
Q3 24
$32.2M
Q2 24
$6.5M
FCF Margin
OBK
OBK
SMC
SMC
Q1 26
Q4 25
146.0%
24.3%
Q3 25
51.7%
2.6%
Q2 25
23.5%
7.7%
Q1 25
37.0%
-3.4%
Q4 24
110.3%
Q3 24
35.5%
Q2 24
6.8%
Capex Intensity
OBK
OBK
SMC
SMC
Q1 26
Q4 25
7.6%
13.4%
Q3 25
2.3%
15.6%
Q2 25
1.2%
18.8%
Q1 25
0.8%
15.5%
Q4 24
28.1%
Q3 24
8.1%
Q2 24
5.6%
Cash Conversion
OBK
OBK
SMC
SMC
Q1 26
Q4 25
5.38×
Q3 25
6.88×
Q2 25
1.41×
Q1 25
1.59×
7.89×
Q4 24
7.60×
Q3 24
2.13×
Q2 24
0.57×

Financial Flow Comparison

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

Revenue Breakdown by Segment

OBK
OBK

Net Interest Income$87.2M84%
Noninterest Income$16.8M16%

SMC
SMC

Rockies Segment$86.2M61%
Mid Con Barnett Shale Segment$39.4M28%
Piceance Basin Segment$15.8M11%

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