vs
BayCom Corp（BCML）与STEM, INC.（STEM）财务数据对比。点击上方公司名可切换其他公司
STEM, INC.的季度营收约是BayCom Corp的1.8倍（$47.1M vs $25.9M），BayCom Corp净利率更高（26.5% vs -33.9%，领先60.4%），BayCom Corp同比增速更快（9.4% vs -15.6%），过去两年STEM, INC.的营收复合增速更高（36.1% vs 2.9%）
BayCom Corp是总部位于美国的银行控股公司，旗下拥有海湾商业银行，主要服务北加州地区的中小微企业与零售客户，提供商业贷款、存款产品、个人银行、财富管理等多元金融服务，深耕本土社区金融市场。
该公司是一家公开上市的生物制药企业，总部位于加利福尼亚州纽瓦克，专注研发纯化人类神经干细胞，旨在治疗中枢神经系统疾病与瘫痪，其所研发的神经干细胞可分化为中枢神经系统的神经元、星形胶质细胞与少突胶质细胞这三大主要细胞类型。
BCML vs STEM — 直观对比
营收规模更大
STEM
是对方的1.8倍
$25.9M
营收增速更快
BCML
高出25.0%
-15.6%
净利率更高
BCML
高出60.4%
-33.9%
两年增速更快
STEM
近两年复合增速
2.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $25.9M | $47.1M |
| 净利润 | $6.9M | $-16.0M |
| 毛利率 | — | 48.9% |
| 营业利润率 | 36.6% | -17.7% |
| 净利率 | 26.5% | -33.9% |
| 营收同比 | 9.4% | -15.6% |
| 净利润同比 | 12.1% | 68.8% |
| 每股收益（稀释后） | $0.63 | $-4.40 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收BCMLSTEM
| Q4 25 | $25.9M | $47.1M | ||
| Q3 25 | $25.7M | $38.2M | ||
| Q2 25 | $24.7M | $38.4M | ||
| Q1 25 | $24.3M | $32.5M | ||
| Q4 24 | $23.7M | $55.8M | ||
| Q3 24 | $25.6M | $29.3M | ||
| Q2 24 | $23.8M | $34.0M | ||
| Q1 24 | $24.5M | $25.5M |
净利润BCMLSTEM
| Q4 25 | $6.9M | $-16.0M | ||
| Q3 25 | $5.0M | $-23.8M | ||
| Q2 25 | $6.4M | $202.5M | ||
| Q1 25 | $5.7M | $-25.0M | ||
| Q4 24 | $6.1M | $-51.1M | ||
| Q3 24 | $6.0M | $-148.3M | ||
| Q2 24 | $5.6M | $-582.3M | ||
| Q1 24 | $5.9M | $-72.3M |
毛利率BCMLSTEM
| Q4 25 | — | 48.9% | ||
| Q3 25 | — | 35.5% | ||
| Q2 25 | — | 33.4% | ||
| Q1 25 | — | 32.4% | ||
| Q4 24 | — | -4.4% | ||
| Q3 24 | — | 21.2% | ||
| Q2 24 | — | 27.6% | ||
| Q1 24 | — | -95.0% |
营业利润率BCMLSTEM
| Q4 25 | 36.6% | -17.7% | ||
| Q3 25 | 26.3% | -33.6% | ||
| Q2 25 | 35.3% | -34.8% | ||
| Q1 25 | 31.6% | -65.0% | ||
| Q4 24 | 34.2% | -84.4% | ||
| Q3 24 | 32.4% | -493.2% | ||
| Q2 24 | 31.9% | -1705.5% | ||
| Q1 24 | 33.3% | -267.0% |
净利率BCMLSTEM
| Q4 25 | 26.5% | -33.9% | ||
| Q3 25 | 19.5% | -62.2% | ||
| Q2 25 | 25.8% | 527.8% | ||
| Q1 25 | 23.4% | -76.9% | ||
| Q4 24 | 25.9% | -91.6% | ||
| Q3 24 | 23.5% | -506.3% | ||
| Q2 24 | 23.6% | -1712.6% | ||
| Q1 24 | 24.0% | -283.9% |
每股收益（稀释后）BCMLSTEM
| Q4 25 | $0.63 | $-4.40 | ||
| Q3 25 | $0.46 | $-2.84 | ||
| Q2 25 | $0.58 | $-1.79 | ||
| Q1 25 | $0.51 | $-0.15 | ||
| Q4 24 | $0.55 | $-15.29 | ||
| Q3 24 | $0.54 | $-18.24 | ||
| Q2 24 | $0.50 | $-71.81 | ||
| Q1 24 | $0.51 | $-0.46 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | — | $48.9M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $338.6M | $-249.4M |
| 总资产 | $2.6B | $308.9M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资BCMLSTEM
| Q4 25 | — | $48.9M | ||
| Q3 25 | — | $43.1M | ||
| Q2 25 | — | $40.8M | ||
| Q1 25 | — | $58.6M | ||
| Q4 24 | — | $56.3M | ||
| Q3 24 | — | $75.4M | ||
| Q2 24 | — | $89.6M | ||
| Q1 24 | — | $112.8M |
股东权益BCMLSTEM
| Q4 25 | $338.6M | $-249.4M | ||
| Q3 25 | $334.3M | $-235.7M | ||
| Q2 25 | $330.6M | $-214.1M | ||
| Q1 25 | $329.3M | $-417.5M | ||
| Q4 24 | $324.4M | $-398.4M | ||
| Q3 24 | $321.7M | $-344.1M | ||
| Q2 24 | $315.3M | $-203.2M | ||
| Q1 24 | $314.2M | $371.6M |
总资产BCMLSTEM
| Q4 25 | $2.6B | $308.9M | ||
| Q3 25 | $2.6B | $362.6M | ||
| Q2 25 | $2.6B | $379.2M | ||
| Q1 25 | $2.6B | $405.1M | ||
| Q4 24 | $2.7B | $437.4M | ||
| Q3 24 | $2.6B | $537.8M | ||
| Q2 24 | $2.6B | $691.5M | ||
| Q1 24 | $2.6B | $1.3B |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $31.8M | $8.2M |
| 自由现金流经营现金流 - 资本支出 | $30.1M | — |
| 自由现金流率自由现金流/营收 | 116.2% | — |
| 资本支出强度资本支出/营收 | 6.7% | — |
| 现金转化率经营现金流/净利润 | 4.64× | — |
| 过去12个月自由现金流最近4个季度 | $51.1M | — |
8季度趋势，按日历期对齐
经营现金流BCMLSTEM
| Q4 25 | $31.8M | $8.2M | ||
| Q3 25 | $7.3M | $11.4M | ||
| Q2 25 | $6.4M | $-21.3M | ||
| Q1 25 | $9.3M | $8.5M | ||
| Q4 24 | $30.4M | $-14.7M | ||
| Q3 24 | $9.6M | $-9.4M | ||
| Q2 24 | $7.7M | $-11.9M | ||
| Q1 24 | $5.1M | $-621.0K |
自由现金流BCMLSTEM
| Q4 25 | $30.1M | — | ||
| Q3 25 | $6.2M | — | ||
| Q2 25 | $5.6M | — | ||
| Q1 25 | $9.1M | — | ||
| Q4 24 | $28.7M | — | ||
| Q3 24 | $9.4M | — | ||
| Q2 24 | $7.4M | — | ||
| Q1 24 | $3.9M | — |
自由现金流率BCMLSTEM
| Q4 25 | 116.2% | — | ||
| Q3 25 | 24.3% | — | ||
| Q2 25 | 22.8% | — | ||
| Q1 25 | 37.6% | — | ||
| Q4 24 | 121.1% | — | ||
| Q3 24 | 36.6% | — | ||
| Q2 24 | 31.2% | — | ||
| Q1 24 | 16.1% | — |
资本支出强度BCMLSTEM
| Q4 25 | 6.7% | — | ||
| Q3 25 | 4.3% | — | ||
| Q2 25 | 3.0% | — | ||
| Q1 25 | 0.6% | — | ||
| Q4 24 | 7.2% | — | ||
| Q3 24 | 1.0% | — | ||
| Q2 24 | 1.0% | — | ||
| Q1 24 | 4.7% | — |
现金转化率BCMLSTEM
| Q4 25 | 4.64× | — | ||
| Q3 25 | 1.47× | — | ||
| Q2 25 | 1.00× | -0.11× | ||
| Q1 25 | 1.63× | — | ||
| Q4 24 | 4.96× | — | ||
| Q3 24 | 1.60× | — | ||
| Q2 24 | 1.37× | — | ||
| Q1 24 | 0.86× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
