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Side-by-side financial comparison of Regions Financial Corporation (RF) and SANMINA CORP (SANM). Click either name above to swap in a different company.

SANMINA CORP is the larger business by last-quarter revenue ($3.2B vs $1.9B, roughly 1.7× Regions Financial Corporation). Regions Financial Corporation runs the higher net margin — 29.8% vs 1.5%, a 28.3% gap on every dollar of revenue. On growth, SANMINA CORP posted the faster year-over-year revenue change (59.0% vs 5.0%). Over the past eight quarters, SANMINA CORP's revenue compounded faster (31.9% CAGR vs 25.7%).

Regions Financial Corporation is an American bank holding company headquartered in the Regions Center in Birmingham, Alabama. The company provides retail and commercial banking, trust, stock brokerage, and mortgage services. Its banking subsidiary, Regions Bank, operates about 2,000 automated teller machines and 1,300 branches in 15 states in the Southern and Midwestern United States.

Sanmina Corporation is an American electronics manufacturing services (EMS) provider headquartered in San Jose, California that serves original equipment manufacturers (OEMs) in communications and computer hardware fields. The firm has nearly 80 manufacturing sites, and is one of the world’s largest independent manufacturers of printed circuit boards and backplanes. As of 2022, it is ranked number 482 in the Fortune 500 list.

RF vs SANM — Head-to-Head

Bigger by revenue
SANM
SANM
1.7× larger
SANM
$3.2B
$1.9B
RF
Growing faster (revenue YoY)
SANM
SANM
+54.0% gap
SANM
59.0%
5.0%
RF
Higher net margin
RF
RF
28.3% more per $
RF
29.8%
1.5%
SANM
Faster 2-yr revenue CAGR
SANM
SANM
Annualised
SANM
31.9%
25.7%
RF

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
RF
RF
SANM
SANM
Revenue
$1.9B
$3.2B
Net Profit
$559.0M
$49.3M
Gross Margin
7.6%
Operating Margin
2.3%
Net Margin
29.8%
1.5%
Revenue YoY
5.0%
59.0%
Net Profit YoY
-24.2%
EPS (diluted)
$0.62
$0.89

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
RF
RF
SANM
SANM
Q1 26
$1.9B
Q4 25
$1.3B
$3.2B
Q3 25
$1.3B
$2.1B
Q2 25
$1.3B
$2.0B
Q1 25
$1.2B
$2.0B
Q4 24
$1.2B
$2.0B
Q3 24
$1.2B
$2.0B
Q2 24
$1.2B
$1.8B
Net Profit
RF
RF
SANM
SANM
Q1 26
$559.0M
Q4 25
$534.0M
$49.3M
Q3 25
$569.0M
$48.1M
Q2 25
$563.0M
$68.6M
Q1 25
$490.0M
$64.2M
Q4 24
$534.0M
$65.0M
Q3 24
$490.0M
$61.4M
Q2 24
$501.0M
$51.6M
Gross Margin
RF
RF
SANM
SANM
Q1 26
Q4 25
7.6%
Q3 25
9.1%
Q2 25
8.9%
Q1 25
8.9%
Q4 24
8.4%
Q3 24
8.5%
Q2 24
8.3%
Operating Margin
RF
RF
SANM
SANM
Q1 26
Q4 25
55.3%
2.3%
Q3 25
56.3%
3.7%
Q2 25
56.1%
4.7%
Q1 25
52.0%
4.6%
Q4 24
53.4%
4.4%
Q3 24
49.9%
4.4%
Q2 24
52.7%
4.5%
Net Margin
RF
RF
SANM
SANM
Q1 26
29.8%
Q4 25
41.7%
1.5%
Q3 25
45.3%
2.3%
Q2 25
44.7%
3.4%
Q1 25
41.0%
3.2%
Q4 24
43.4%
3.2%
Q3 24
40.2%
3.0%
Q2 24
42.2%
2.8%
EPS (diluted)
RF
RF
SANM
SANM
Q1 26
$0.62
Q4 25
$0.59
$0.89
Q3 25
$0.61
$0.88
Q2 25
$0.59
$1.26
Q1 25
$0.51
$1.16
Q4 24
$0.55
$1.16
Q3 24
$0.49
$1.09
Q2 24
$0.52
$0.91

Balance Sheet & Financial Strength

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

Metric
RF
RF
SANM
SANM
Cash + ST InvestmentsLiquidity on hand
$1.4B
Total DebtLower is stronger
$6.3B
$2.2B
Stockholders' EquityBook value
$18.8B
$2.7B
Total Assets
$160.7B
$9.8B
Debt / EquityLower = less leverage
0.34×
0.82×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RF
RF
SANM
SANM
Q1 26
Q4 25
$1.4B
Q3 25
$926.3M
Q2 25
$797.9M
Q1 25
$647.1M
Q4 24
$642.4M
Q3 24
$625.9M
Q2 24
$657.7M
Total Debt
RF
RF
SANM
SANM
Q1 26
$6.3B
Q4 25
$4.1B
$2.2B
Q3 25
$4.8B
$300.5M
Q2 25
$5.3B
Q1 25
$6.0B
Q4 24
$6.0B
Q3 24
$6.0B
Q2 24
$5.1B
Stockholders' Equity
RF
RF
SANM
SANM
Q1 26
$18.8B
Q4 25
$19.0B
$2.7B
Q3 25
$19.0B
$2.5B
Q2 25
$18.7B
$2.5B
Q1 25
$18.5B
$2.4B
Q4 24
$17.9B
$2.4B
Q3 24
$18.7B
$2.4B
Q2 24
$17.2B
$2.3B
Total Assets
RF
RF
SANM
SANM
Q1 26
$160.7B
Q4 25
$158.8B
$9.8B
Q3 25
$159.9B
$5.9B
Q2 25
$159.2B
$5.2B
Q1 25
$159.8B
$5.0B
Q4 24
$157.3B
$4.8B
Q3 24
$157.4B
$4.8B
Q2 24
$154.1B
$4.7B
Debt / Equity
RF
RF
SANM
SANM
Q1 26
0.34×
Q4 25
0.22×
0.82×
Q3 25
0.25×
0.12×
Q2 25
0.28×
Q1 25
0.32×
Q4 24
0.34×
Q3 24
0.32×
Q2 24
0.30×

Cash Flow & Capital Efficiency

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

Metric
RF
RF
SANM
SANM
Operating Cash FlowLast quarter
$178.7M
Free Cash FlowOCF − Capex
$91.9M
FCF MarginFCF / Revenue
2.9%
Capex IntensityCapex / Revenue
2.7%
Cash ConversionOCF / Net Profit
3.63×
TTM Free Cash FlowTrailing 4 quarters
$518.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RF
RF
SANM
SANM
Q1 26
Q4 25
$-319.0M
$178.7M
Q3 25
$861.0M
$199.1M
Q2 25
$573.0M
$200.8M
Q1 25
$1.1B
$156.9M
Q4 24
$-220.0M
$63.9M
Q3 24
$1.3B
$51.9M
Q2 24
$161.0M
$90.0M
Free Cash Flow
RF
RF
SANM
SANM
Q1 26
Q4 25
$91.9M
Q3 25
$136.6M
Q2 25
$163.7M
Q1 25
$126.1M
Q4 24
$46.9M
Q3 24
$27.2M
Q2 24
$67.2M
FCF Margin
RF
RF
SANM
SANM
Q1 26
Q4 25
2.9%
Q3 25
6.5%
Q2 25
8.0%
Q1 25
6.4%
Q4 24
2.3%
Q3 24
1.4%
Q2 24
3.7%
Capex Intensity
RF
RF
SANM
SANM
Q1 26
Q4 25
2.7%
Q3 25
3.0%
Q2 25
1.8%
Q1 25
1.5%
Q4 24
0.9%
Q3 24
1.2%
Q2 24
1.2%
Cash Conversion
RF
RF
SANM
SANM
Q1 26
Q4 25
-0.60×
3.63×
Q3 25
1.51×
4.14×
Q2 25
1.02×
2.93×
Q1 25
2.18×
2.44×
Q4 24
-0.41×
0.98×
Q3 24
2.57×
0.85×
Q2 24
0.32×
1.74×

Financial Flow Comparison

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

Revenue Breakdown by Segment

RF
RF

Segment breakdown not available.

SANM
SANM

Industrial And Energy Medical Defense And Aerospace And Automotive And Transportation$1.2B38%
ZT Systems$1.1B34%
Other Segments CPS$434.3M14%
CPS Third Party Revenue$412.7M13%
Change In Accounting Method Accounted For As Change In Estimate$2.7M0%

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