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Side-by-side financial comparison of Origin Bancorp, Inc. (OBK) and Turning Point Brands, Inc. (TPB). Click either name above to swap in a different company.

Turning Point Brands, Inc. is the larger business by last-quarter revenue ($121.0M vs $104.0M, roughly 1.2× Origin Bancorp, Inc.). Origin Bancorp, Inc. runs the higher net margin — 26.6% vs 6.8%, a 19.8% gap on every dollar of revenue. Over the past eight quarters, Turning Point Brands, Inc.'s revenue compounded faster (20.7% CAGR vs 3.9%).

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".

Turning Point Australia (TPAUS) is a conservative lobby group based in Australia, affiliated with Turning Point USA but independent of it. Founded by Joel Jammal and first registered in 2023, the group has become active in trying to influence the outcome of the 2026 South Australian state election in March 2026.

OBK vs TPB — Head-to-Head

Bigger by revenue
TPB
TPB
1.2× larger
TPB
$121.0M
$104.0M
OBK
Higher net margin
OBK
OBK
19.8% more per $
OBK
26.6%
6.8%
TPB
Faster 2-yr revenue CAGR
TPB
TPB
Annualised
TPB
20.7%
3.9%
OBK

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
OBK
OBK
TPB
TPB
Revenue
$104.0M
$121.0M
Net Profit
$27.7M
$8.2M
Gross Margin
55.9%
Operating Margin
16.5%
Net Margin
26.6%
6.8%
Revenue YoY
29.2%
Net Profit YoY
239.8%
EPS (diluted)
$0.89
$0.40

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
OBK
OBK
TPB
TPB
Q1 26
$104.0M
Q4 25
$103.4M
$121.0M
Q3 25
$109.8M
$119.0M
Q2 25
$83.5M
$116.6M
Q1 25
$94.1M
$106.4M
Q4 24
$78.3M
$93.7M
Q3 24
$90.8M
$90.7M
Q2 24
$96.4M
$93.2M
Net Profit
OBK
OBK
TPB
TPB
Q1 26
$27.7M
Q4 25
$29.5M
$8.2M
Q3 25
$8.6M
$21.1M
Q2 25
$14.6M
$14.5M
Q1 25
$22.4M
$14.4M
Q4 24
$14.3M
$2.4M
Q3 24
$18.6M
$12.4M
Q2 24
$21.0M
$13.0M
Gross Margin
OBK
OBK
TPB
TPB
Q1 26
Q4 25
55.9%
Q3 25
59.2%
Q2 25
57.1%
Q1 25
56.0%
Q4 24
56.0%
Q3 24
55.6%
Q2 24
54.1%
Operating Margin
OBK
OBK
TPB
TPB
Q1 26
Q4 25
36.2%
16.5%
Q3 25
10.0%
21.8%
Q2 25
22.3%
22.6%
Q1 25
30.4%
21.8%
Q4 24
23.0%
19.1%
Q3 24
26.1%
22.9%
Q2 24
27.7%
24.5%
Net Margin
OBK
OBK
TPB
TPB
Q1 26
26.6%
Q4 25
28.5%
6.8%
Q3 25
7.9%
17.7%
Q2 25
17.5%
12.4%
Q1 25
23.8%
13.5%
Q4 24
18.2%
2.6%
Q3 24
20.5%
13.6%
Q2 24
21.8%
14.0%
EPS (diluted)
OBK
OBK
TPB
TPB
Q1 26
$0.89
Q4 25
$0.95
$0.40
Q3 25
$0.27
$1.13
Q2 25
$0.47
$0.79
Q1 25
$0.71
$0.79
Q4 24
$0.45
$0.15
Q3 24
$0.60
$0.68
Q2 24
$0.67
$0.68

Balance Sheet & Financial Strength

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

Metric
OBK
OBK
TPB
TPB
Cash + ST InvestmentsLiquidity on hand
$222.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.3B
$372.0M
Total Assets
$10.2B
$763.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OBK
OBK
TPB
TPB
Q1 26
Q4 25
$424.2M
$222.8M
Q3 25
$626.9M
$201.2M
Q2 25
$334.1M
$109.9M
Q1 25
$486.2M
$99.6M
Q4 24
$470.2M
$48.9M
Q3 24
$321.2M
$33.6M
Q2 24
$288.1M
$142.2M
Stockholders' Equity
OBK
OBK
TPB
TPB
Q1 26
$1.3B
Q4 25
$1.2B
$372.0M
Q3 25
$1.2B
$358.2M
Q2 25
$1.2B
$224.8M
Q1 25
$1.2B
$203.4M
Q4 24
$1.1B
$190.4M
Q3 24
$1.1B
$185.7M
Q2 24
$1.1B
$172.8M
Total Assets
OBK
OBK
TPB
TPB
Q1 26
$10.2B
Q4 25
$9.7B
$763.8M
Q3 25
$9.8B
$742.8M
Q2 25
$9.7B
$595.8M
Q1 25
$9.8B
$564.6M
Q4 24
$9.7B
$493.4M
Q3 24
$10.0B
$488.0M
Q2 24
$9.9B
$591.6M

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
TPB
TPB
Operating Cash FlowLast quarter
$24.9M
Free Cash FlowOCF − Capex
$21.5M
FCF MarginFCF / Revenue
17.8%
Capex IntensityCapex / Revenue
2.8%
Cash ConversionOCF / Net Profit
3.03×
TTM Free Cash FlowTrailing 4 quarters
$43.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OBK
OBK
TPB
TPB
Q1 26
Q4 25
$158.9M
$24.9M
Q3 25
$59.3M
$3.3M
Q2 25
$20.6M
$11.8M
Q1 25
$35.6M
$17.4M
Q4 24
$108.5M
$17.7M
Q3 24
$39.6M
$13.2M
Q2 24
$11.9M
$13.4M
Free Cash Flow
OBK
OBK
TPB
TPB
Q1 26
Q4 25
$151.1M
$21.5M
Q3 25
$56.8M
$-721.0K
Q2 25
$19.6M
$7.8M
Q1 25
$34.8M
$15.2M
Q4 24
$86.4M
$16.6M
Q3 24
$32.2M
$12.6M
Q2 24
$6.5M
$10.9M
FCF Margin
OBK
OBK
TPB
TPB
Q1 26
Q4 25
146.0%
17.8%
Q3 25
51.7%
-0.6%
Q2 25
23.5%
6.7%
Q1 25
37.0%
14.3%
Q4 24
110.3%
17.8%
Q3 24
35.5%
13.9%
Q2 24
6.8%
11.7%
Capex Intensity
OBK
OBK
TPB
TPB
Q1 26
Q4 25
7.6%
2.8%
Q3 25
2.3%
3.4%
Q2 25
1.2%
3.4%
Q1 25
0.8%
2.1%
Q4 24
28.1%
1.2%
Q3 24
8.1%
0.7%
Q2 24
5.6%
2.7%
Cash Conversion
OBK
OBK
TPB
TPB
Q1 26
Q4 25
5.38×
3.03×
Q3 25
6.88×
0.16×
Q2 25
1.41×
0.82×
Q1 25
1.59×
1.21×
Q4 24
7.60×
7.34×
Q3 24
2.13×
1.07×
Q2 24
0.57×
1.03×

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%

TPB
TPB

US$111.5M92%
Non Us$9.6M8%

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