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Side-by-side financial comparison of Pangaea Logistics Solutions Ltd. (PANL) and WESBANCO INC (WSBC). Click either name above to swap in a different company.
WESBANCO INC is the larger business by last-quarter revenue ($257.2M vs $183.9M, roughly 1.4× Pangaea Logistics Solutions Ltd.). WESBANCO INC runs the higher net margin — 34.5% vs 6.5%, a 28.0% gap on every dollar of revenue. Over the past eight quarters, Pangaea Logistics Solutions Ltd.'s revenue compounded faster (32.5% CAGR vs 31.9%).
Pangaea Logistics Solutions Ltd. is a global dry bulk logistics and shipping service provider. It operates a modern fleet of dry bulk vessels to transport a wide range of commodities including grains, minerals, construction materials, and energy-related raw materials, serving industrial, agricultural, and energy sector clients across North America, Europe, and Asia with tailored end-to-end bulk cargo supply chain solutions.
WesBanco, Inc., is a bank holding company headquartered in Wheeling, West Virginia, United States. It has over 200 branches in West Virginia, Ohio, Western Pennsylvania, Kentucky, Maryland, and Southern Indiana.
PANL vs WSBC — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $183.9M | $257.2M |
| Net Profit | $11.9M | $88.6M |
| Gross Margin | — | — |
| Operating Margin | 9.5% | — |
| Net Margin | 6.5% | 34.5% |
| Revenue YoY | 24.9% | — |
| Net Profit YoY | 40.9% | 54.4% |
| EPS (diluted) | $0.18 | $0.88 |
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.
| Q1 26 | — | $257.2M | ||
| Q4 25 | $183.9M | $265.6M | ||
| Q3 25 | $168.7M | $261.6M | ||
| Q2 25 | $156.7M | $260.7M | ||
| Q1 25 | $122.8M | $193.2M | ||
| Q4 24 | $147.2M | $162.9M | ||
| Q3 24 | $153.1M | $150.8M | ||
| Q2 24 | $131.5M | $147.9M |
| Q1 26 | — | $88.6M | ||
| Q4 25 | $11.9M | $91.1M | ||
| Q3 25 | $12.2M | $83.6M | ||
| Q2 25 | $-2.7M | $57.4M | ||
| Q1 25 | $-2.0M | $-9.0M | ||
| Q4 24 | $8.4M | $49.6M | ||
| Q3 24 | $5.1M | $37.3M | ||
| Q2 24 | $3.7M | $28.9M |
| Q1 26 | — | — | ||
| Q4 25 | 9.5% | 43.2% | ||
| Q3 25 | 10.0% | 39.5% | ||
| Q2 25 | 2.3% | 27.2% | ||
| Q1 25 | 2.4% | -5.0% | ||
| Q4 24 | 10.1% | 38.0% | ||
| Q3 24 | 9.8% | 29.7% | ||
| Q2 24 | 5.8% | 23.7% |
| Q1 26 | — | 34.5% | ||
| Q4 25 | 6.5% | 34.3% | ||
| Q3 25 | 7.2% | 31.9% | ||
| Q2 25 | -1.8% | 22.0% | ||
| Q1 25 | -1.6% | -4.7% | ||
| Q4 24 | 5.7% | 30.5% | ||
| Q3 24 | 3.3% | 24.7% | ||
| Q2 24 | 2.8% | 19.5% |
| Q1 26 | — | $0.88 | ||
| Q4 25 | $0.18 | $0.97 | ||
| Q3 25 | $0.19 | $0.84 | ||
| Q2 25 | $-0.04 | $0.57 | ||
| Q1 25 | $-0.03 | $-0.15 | ||
| Q4 24 | $0.19 | $0.72 | ||
| Q3 24 | $0.11 | $0.54 | ||
| Q2 24 | $0.08 | $0.44 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $103.1M | — |
| Total DebtLower is stronger | $249.6M | — |
| Stockholders' EquityBook value | $429.3M | $4.1B |
| Total Assets | $928.1M | $27.5B |
| Debt / EquityLower = less leverage | 0.58× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $103.1M | $956.1M | ||
| Q3 25 | $94.0M | $1.0B | ||
| Q2 25 | $59.3M | $1.2B | ||
| Q1 25 | $63.9M | $1.1B | ||
| Q4 24 | $86.8M | $568.1M | ||
| Q3 24 | $93.1M | $620.9M | ||
| Q2 24 | $77.9M | $486.8M |
| Q1 26 | — | — | ||
| Q4 25 | $249.6M | — | ||
| Q3 25 | $256.2M | — | ||
| Q2 25 | $244.7M | — | ||
| Q1 25 | $251.0M | — | ||
| Q4 24 | $257.2M | — | ||
| Q3 24 | $133.6M | — | ||
| Q2 24 | $90.5M | — |
| Q1 26 | — | $4.1B | ||
| Q4 25 | $429.3M | $4.0B | ||
| Q3 25 | $420.3M | $4.1B | ||
| Q2 25 | $414.4M | $3.8B | ||
| Q1 25 | $420.8M | $3.8B | ||
| Q4 24 | $427.8M | $2.8B | ||
| Q3 24 | $332.6M | $2.8B | ||
| Q2 24 | $331.5M | $2.5B |
| Q1 26 | — | $27.5B | ||
| Q4 25 | $928.1M | $27.7B | ||
| Q3 25 | $932.1M | $27.5B | ||
| Q2 25 | $916.0M | $27.6B | ||
| Q1 25 | $918.0M | $27.4B | ||
| Q4 24 | $936.5M | $18.7B | ||
| Q3 24 | $749.2M | $18.5B | ||
| Q2 24 | $692.9M | $18.1B |
| Q1 26 | — | — | ||
| Q4 25 | 0.58× | — | ||
| Q3 25 | 0.61× | — | ||
| Q2 25 | 0.59× | — | ||
| Q1 25 | 0.60× | — | ||
| Q4 24 | 0.60× | — | ||
| Q3 24 | 0.40× | — | ||
| Q2 24 | 0.27× | — |
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 | $15.1M | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 1.27× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $15.1M | $290.4M | ||
| Q3 25 | $28.6M | $116.9M | ||
| Q2 25 | $14.4M | $105.0M | ||
| Q1 25 | $-4.4M | $-26.4M | ||
| Q4 24 | $19.3M | $211.0M | ||
| Q3 24 | $28.5M | $60.7M | ||
| Q2 24 | $9.0M | $18.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | $280.0M | ||
| Q3 25 | — | $114.9M | ||
| Q2 25 | — | $98.3M | ||
| Q1 25 | — | $-30.7M | ||
| Q4 24 | — | $200.7M | ||
| Q3 24 | — | $56.9M | ||
| Q2 24 | — | $17.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | 105.4% | ||
| Q3 25 | — | 43.9% | ||
| Q2 25 | — | 37.7% | ||
| Q1 25 | — | -15.9% | ||
| Q4 24 | — | 123.2% | ||
| Q3 24 | — | 37.7% | ||
| Q2 24 | — | 11.7% |
| Q1 26 | — | — | ||
| Q4 25 | — | 3.9% | ||
| Q3 25 | — | 0.8% | ||
| Q2 25 | — | 2.6% | ||
| Q1 25 | — | 2.2% | ||
| Q4 24 | — | 6.3% | ||
| Q3 24 | — | 2.5% | ||
| Q2 24 | — | 0.6% |
| Q1 26 | — | — | ||
| Q4 25 | 1.27× | 3.19× | ||
| Q3 25 | 2.34× | 1.40× | ||
| Q2 25 | — | 1.83× | ||
| Q1 25 | — | — | ||
| Q4 24 | 2.29× | 4.25× | ||
| Q3 24 | 5.57× | 1.63× | ||
| Q2 24 | 2.43× | 0.63× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PANL
| Voyage | $166.3M | 90% |
| Charter | $13.1M | 7% |
| Terminal Stevedore Revenue | $4.4M | 2% |
WSBC
| Net Interest Income | $215.4M | 84% |
| Noninterest Income | $41.8M | 16% |
