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Side-by-side financial comparison of PCB BANCORP (PCB) and Vanda Pharmaceuticals Inc. (VNDA). Click either name above to swap in a different company.

Vanda Pharmaceuticals Inc. is the larger business by last-quarter revenue ($57.2M vs $29.2M, roughly 2.0× PCB BANCORP). On growth, PCB BANCORP posted the faster year-over-year revenue change (11.3% vs 7.6%). PCB BANCORP produced more free cash flow last quarter ($24.4M vs $-29.5M). Over the past eight quarters, PCB BANCORP's revenue compounded faster (10.4% CAGR vs 9.8%).

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.

Vanda Pharmaceuticals Inc. is a biopharmaceutical company focused on developing and commercializing innovative therapies for central nervous system disorders. Its key marketed products cover indications including sleep-wake cycle disturbances and schizophrenia, with core operations and primary sales markets concentrated in North America, catering to patient groups with significant unmet medical needs.

PCB vs VNDA — Head-to-Head

Bigger by revenue
VNDA
VNDA
2.0× larger
VNDA
$57.2M
$29.2M
PCB
Growing faster (revenue YoY)
PCB
PCB
+3.7% gap
PCB
11.3%
7.6%
VNDA
More free cash flow
PCB
PCB
$53.9M more FCF
PCB
$24.4M
$-29.5M
VNDA
Faster 2-yr revenue CAGR
PCB
PCB
Annualised
PCB
10.4%
9.8%
VNDA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PCB
PCB
VNDA
VNDA
Revenue
$29.2M
$57.2M
Net Profit
$-141.2M
Gross Margin
Operating Margin
45.0%
-70.5%
Net Margin
-246.8%
Revenue YoY
11.3%
7.6%
Net Profit YoY
-2774.3%
EPS (diluted)
$0.65
$-2.40

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
PCB
PCB
VNDA
VNDA
Q4 25
$29.2M
$57.2M
Q3 25
$30.4M
$56.3M
Q2 25
$29.3M
$52.6M
Q1 25
$26.9M
$50.0M
Q4 24
$26.2M
$53.2M
Q3 24
$25.3M
$47.7M
Q2 24
$24.2M
$50.5M
Q1 24
$23.9M
$47.5M
Net Profit
PCB
PCB
VNDA
VNDA
Q4 25
$-141.2M
Q3 25
$11.4M
$-22.6M
Q2 25
$9.1M
$-27.2M
Q1 25
$7.7M
$-29.5M
Q4 24
$-4.9M
Q3 24
$7.8M
$-5.3M
Q2 24
$6.3M
$-4.5M
Q1 24
$4.7M
$-4.1M
Operating Margin
PCB
PCB
VNDA
VNDA
Q4 25
45.0%
-70.5%
Q3 25
52.3%
-55.6%
Q2 25
43.3%
-73.2%
Q1 25
40.2%
-82.0%
Q4 24
39.3%
-19.3%
Q3 24
42.2%
-23.1%
Q2 24
36.3%
-20.1%
Q1 24
27.2%
-19.5%
Net Margin
PCB
PCB
VNDA
VNDA
Q4 25
-246.8%
Q3 25
37.5%
-40.1%
Q2 25
31.0%
-51.7%
Q1 25
28.8%
-58.9%
Q4 24
-9.2%
Q3 24
30.8%
-11.2%
Q2 24
25.9%
-9.0%
Q1 24
19.6%
-8.7%
EPS (diluted)
PCB
PCB
VNDA
VNDA
Q4 25
$0.65
$-2.40
Q3 25
$0.78
$-0.38
Q2 25
$0.62
$-0.46
Q1 25
$0.53
$-0.50
Q4 24
$0.46
$-0.09
Q3 24
$0.52
$-0.09
Q2 24
$0.43
$-0.08
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
PCB
PCB
VNDA
VNDA
Cash + ST InvestmentsLiquidity on hand
$207.1M
$84.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$390.0M
$327.2M
Total Assets
$3.3B
$488.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PCB
PCB
VNDA
VNDA
Q4 25
$207.1M
$84.9M
Q3 25
$369.5M
$70.0M
Q2 25
$263.6M
$81.0M
Q1 25
$214.3M
$111.8M
Q4 24
$198.8M
$102.3M
Q3 24
$193.1M
$100.5M
Q2 24
$177.6M
$103.0M
Q1 24
$239.8M
$125.2M
Stockholders' Equity
PCB
PCB
VNDA
VNDA
Q4 25
$390.0M
$327.2M
Q3 25
$384.5M
$466.0M
Q2 25
$376.5M
$486.3M
Q1 25
$370.9M
$511.4M
Q4 24
$363.8M
$538.5M
Q3 24
$362.3M
$541.2M
Q2 24
$353.5M
$542.5M
Q1 24
$350.0M
$544.0M
Total Assets
PCB
PCB
VNDA
VNDA
Q4 25
$3.3B
$488.9M
Q3 25
$3.4B
$601.1M
Q2 25
$3.3B
$624.7M
Q1 25
$3.2B
$631.9M
Q4 24
$3.1B
$656.2M
Q3 24
$2.9B
$645.1M
Q2 24
$2.9B
$651.4M
Q1 24
$2.9B
$652.7M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PCB
PCB
VNDA
VNDA
Operating Cash FlowLast quarter
$26.6M
$-29.4M
Free Cash FlowOCF − Capex
$24.4M
$-29.5M
FCF MarginFCF / Revenue
83.6%
-51.6%
Capex IntensityCapex / Revenue
7.5%
0.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$46.0M
$-110.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PCB
PCB
VNDA
VNDA
Q4 25
$26.6M
$-29.4M
Q3 25
$16.4M
$-31.6M
Q2 25
$4.9M
$-15.3M
Q1 25
$2.3M
$-33.1M
Q4 24
$39.0M
$-1.8M
Q3 24
$11.9M
$-14.6M
Q2 24
$14.6M
$-6.9M
Q1 24
$8.2M
$7.6M
Free Cash Flow
PCB
PCB
VNDA
VNDA
Q4 25
$24.4M
$-29.5M
Q3 25
$16.2M
$-31.8M
Q2 25
$3.8M
$-15.6M
Q1 25
$1.6M
$-33.6M
Q4 24
$34.9M
$-2.0M
Q3 24
$11.9M
$-14.7M
Q2 24
$12.8M
$-7.0M
Q1 24
$6.0M
$7.6M
FCF Margin
PCB
PCB
VNDA
VNDA
Q4 25
83.6%
-51.6%
Q3 25
53.2%
-56.5%
Q2 25
13.1%
-29.6%
Q1 25
6.0%
-67.1%
Q4 24
133.2%
-3.8%
Q3 24
46.8%
-30.9%
Q2 24
53.1%
-13.9%
Q1 24
25.2%
15.9%
Capex Intensity
PCB
PCB
VNDA
VNDA
Q4 25
7.5%
0.2%
Q3 25
0.8%
0.3%
Q2 25
3.7%
0.6%
Q1 25
2.8%
0.9%
Q4 24
15.5%
0.4%
Q3 24
0.1%
0.3%
Q2 24
7.3%
0.2%
Q1 24
9.3%
0.0%
Cash Conversion
PCB
PCB
VNDA
VNDA
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×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PCB
PCB

Segment breakdown not available.

VNDA
VNDA

Fanapt$33.2M58%
Hetlioz$16.4M29%
PONVORY$7.6M13%

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