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Side-by-side financial comparison of PCB BANCORP (PCB) and SurgePays, Inc. (SURG). Click either name above to swap in a different company.
PCB BANCORP is the larger business by last-quarter revenue ($29.2M vs $16.2M, roughly 1.8× SurgePays, Inc.). On growth, SurgePays, Inc. posted the faster year-over-year revenue change (68.7% vs 11.3%). Over the past eight quarters, PCB BANCORP's revenue compounded faster (10.4% CAGR vs -28.2%).
PCB Bank is an American community bank that focuses on the Korean-American community based in California and offers commercial banking services. It has branches in 8 states and is the third largest Korean American Bank after Bank of Hope and Hanmi Bank.
SurgePays, Inc. is a U.S.-headquartered fintech and telecommunications company focused on serving underbanked and low-income communities across the country. It offers prepaid wireless plans, reloadable debit cards, digital banking solutions, and daily consumer products through a nationwide network of independent local retail partners such as convenience stores.
PCB vs SURG — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $29.2M | $16.2M |
| Net Profit | — | $-13.9M |
| Gross Margin | — | -14.8% |
| Operating Margin | 45.0% | -79.1% |
| Net Margin | — | -85.6% |
| Revenue YoY | 11.3% | 68.7% |
| Net Profit YoY | — | 30.0% |
| EPS (diluted) | $0.65 | $-0.68 |
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 | $29.2M | $16.2M | ||
| Q3 25 | $30.4M | $18.7M | ||
| Q2 25 | $29.3M | $11.5M | ||
| Q1 25 | $26.9M | $10.6M | ||
| Q4 24 | $26.2M | $9.6M | ||
| Q3 24 | $25.3M | $4.8M | ||
| Q2 24 | $24.2M | $15.1M | ||
| Q1 24 | $23.9M | $31.4M |
| Q4 25 | — | $-13.9M | ||
| Q3 25 | $11.4M | $-7.5M | ||
| Q2 25 | $9.1M | $-7.1M | ||
| Q1 25 | $7.7M | $-7.6M | ||
| Q4 24 | — | $-19.8M | ||
| Q3 24 | $7.8M | $-14.3M | ||
| Q2 24 | $6.3M | $-12.9M | ||
| Q1 24 | $4.7M | $1.2M |
| Q4 25 | — | -14.8% | ||
| Q3 25 | — | -13.9% | ||
| Q2 25 | — | -23.0% | ||
| Q1 25 | — | -27.8% | ||
| Q4 24 | — | -117.0% | ||
| Q3 24 | — | -164.2% | ||
| Q2 24 | — | -22.8% | ||
| Q1 24 | — | 26.0% |
| Q4 25 | 45.0% | -79.1% | ||
| Q3 25 | 52.3% | -37.2% | ||
| Q2 25 | 43.3% | -59.1% | ||
| Q1 25 | 40.2% | -71.7% | ||
| Q4 24 | 39.3% | -209.0% | ||
| Q3 24 | 42.2% | -299.4% | ||
| Q2 24 | 36.3% | -72.1% | ||
| Q1 24 | 27.2% | 5.6% |
| Q4 25 | — | -85.6% | ||
| Q3 25 | 37.5% | -40.1% | ||
| Q2 25 | 31.0% | -61.5% | ||
| Q1 25 | 28.8% | -72.2% | ||
| Q4 24 | — | -206.5% | ||
| Q3 24 | 30.8% | -299.3% | ||
| Q2 24 | 25.9% | -85.3% | ||
| Q1 24 | 19.6% | 3.9% |
| Q4 25 | $0.65 | $-0.68 | ||
| Q3 25 | $0.78 | $-0.38 | ||
| Q2 25 | $0.62 | $-0.36 | ||
| Q1 25 | $0.53 | $-0.38 | ||
| Q4 24 | $0.46 | $-1.07 | ||
| Q3 24 | $0.52 | $-0.73 | ||
| Q2 24 | $0.43 | $-0.66 | ||
| Q1 24 | $0.33 | $0.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $207.1M | $1.7M |
| Total DebtLower is stronger | — | $13.3M |
| Stockholders' EquityBook value | $390.0M | $-15.3M |
| Total Assets | $3.3B | $8.5M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $207.1M | $1.7M | ||
| Q3 25 | $369.5M | $2.5M | ||
| Q2 25 | $263.6M | $4.4M | ||
| Q1 25 | $214.3M | $5.4M | ||
| Q4 24 | $198.8M | $11.8M | ||
| Q3 24 | $193.1M | $23.7M | ||
| Q2 24 | $177.6M | — | ||
| Q1 24 | $239.8M | — |
| Q4 25 | — | $13.3M | ||
| Q3 25 | — | $12.0M | ||
| Q2 25 | — | $9.6M | ||
| Q1 25 | — | $3.6M | ||
| Q4 24 | — | $4.0M | ||
| Q3 24 | — | $4.4M | ||
| Q2 24 | — | $4.8M | ||
| Q1 24 | — | $5.2M |
| Q4 25 | $390.0M | $-15.3M | ||
| Q3 25 | $384.5M | $-6.4M | ||
| Q2 25 | $376.5M | $116.1K | ||
| Q1 25 | $370.9M | $7.8M | ||
| Q4 24 | $363.8M | $15.3M | ||
| Q3 24 | $362.3M | $33.2M | ||
| Q2 24 | $353.5M | $46.2M | ||
| Q1 24 | $350.0M | $56.0M |
| Q4 25 | $3.3B | $8.5M | ||
| Q3 25 | $3.4B | $14.5M | ||
| Q2 25 | $3.3B | $15.2M | ||
| Q1 25 | $3.2B | $15.7M | ||
| Q4 24 | $3.1B | $24.0M | ||
| Q3 24 | $2.9B | $41.5M | ||
| Q2 24 | $2.9B | $56.4M | ||
| Q1 24 | $2.9B | $69.6M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 82.67× | ||
| Q1 25 | — | 0.46× | ||
| Q4 24 | — | 0.26× | ||
| Q3 24 | — | 0.13× | ||
| Q2 24 | — | 0.10× | ||
| Q1 24 | — | 0.09× |
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 | $26.6M | $-3.6M |
| Free Cash FlowOCF − Capex | $24.4M | — |
| FCF MarginFCF / Revenue | 83.6% | — |
| Capex IntensityCapex / Revenue | 7.5% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $46.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $26.6M | $-3.6M | ||
| Q3 25 | $16.4M | $-4.6M | ||
| Q2 25 | $4.9M | $-6.1M | ||
| Q1 25 | $2.3M | $-7.0M | ||
| Q4 24 | $39.0M | $-7.9M | ||
| Q3 24 | $11.9M | $-13.3M | ||
| Q2 24 | $14.6M | $-4.1M | ||
| Q1 24 | $8.2M | $4.0M |
| Q4 25 | $24.4M | — | ||
| Q3 25 | $16.2M | — | ||
| Q2 25 | $3.8M | — | ||
| Q1 25 | $1.6M | — | ||
| Q4 24 | $34.9M | — | ||
| Q3 24 | $11.9M | — | ||
| Q2 24 | $12.8M | — | ||
| Q1 24 | $6.0M | — |
| Q4 25 | 83.6% | — | ||
| Q3 25 | 53.2% | — | ||
| Q2 25 | 13.1% | — | ||
| Q1 25 | 6.0% | — | ||
| Q4 24 | 133.2% | — | ||
| Q3 24 | 46.8% | — | ||
| Q2 24 | 53.1% | — | ||
| Q1 24 | 25.2% | — |
| Q4 25 | 7.5% | — | ||
| Q3 25 | 0.8% | — | ||
| Q2 25 | 3.7% | — | ||
| Q1 25 | 2.8% | — | ||
| Q4 24 | 15.5% | — | ||
| Q3 24 | 0.1% | — | ||
| Q2 24 | 7.3% | — | ||
| Q1 24 | 9.3% | — |
| Q4 25 | — | — | ||
| Q3 25 | 1.44× | — | ||
| Q2 25 | 0.54× | — | ||
| Q1 25 | 0.30× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.52× | — | ||
| Q2 24 | 2.33× | — | ||
| Q1 24 | 1.76× | 3.30× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
