vs
合众银行（CUBI）与LiveRamp Holdings, Inc.（RAMP）财务数据对比。点击上方公司名可切换其他公司
合众银行的季度营收约是LiveRamp Holdings, Inc.的1.1倍（$236.9M vs $212.2M），合众银行同比增速更快（21.8% vs 8.6%），过去两年合众银行的营收复合增速更高（14.2% vs 11.1%）
合众银行是总部位于美国明尼苏达州明尼阿波利斯、在特拉华州注册的跨国银行机构，2025年位列美国第五大银行，也是美国中西部规模最大的银行，被金融稳定委员会认定为具有系统重要性。旗下核心运营主体为美国合众银行全国协会，提供银行、投资、按揭等多元金融服务。
LiveRamp Holdings, Inc.是一家美国SaaS企业，核心业务为提供数据连接平台，服务涵盖数据导入、线下数据线上迁移等能力，助力企业开展营销相关的数据应用，为品牌及营销从业者的数字化运营提供技术支撑。
CUBI vs RAMP — 直观对比
营收规模更大
CUBI
是对方的1.1倍
$212.2M
营收增速更快
CUBI
高出13.2%
8.6%
两年增速更快
CUBI
近两年复合增速
11.1%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $236.9M | $212.2M |
| 净利润 | — | $39.9M |
| 毛利率 | — | 71.9% |
| 营业利润率 | 41.1% | 18.6% |
| 净利率 | — | 18.8% |
| 营收同比 | 21.8% | 8.6% |
| 净利润同比 | — | 255.7% |
| 每股收益（稀释后） | $2.04 | $0.62 |
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CUBIRAMP
| Q4 25 | $236.9M | $212.2M | ||
| Q3 25 | $232.1M | $199.8M | ||
| Q2 25 | $206.3M | $194.8M | ||
| Q1 25 | $143.0M | $188.7M | ||
| Q4 24 | $167.8M | $195.4M | ||
| Q3 24 | $167.1M | $185.5M | ||
| Q2 24 | $198.7M | $176.0M | ||
| Q1 24 | $181.6M | $171.9M |
净利润CUBIRAMP
| Q4 25 | — | $39.9M | ||
| Q3 25 | $75.7M | $27.4M | ||
| Q2 25 | $60.9M | $7.7M | ||
| Q1 25 | $12.9M | $-6.3M | ||
| Q4 24 | — | $11.2M | ||
| Q3 24 | $46.7M | $1.7M | ||
| Q2 24 | $58.1M | $-7.5M | ||
| Q1 24 | $49.7M | $-5.4M |
毛利率CUBIRAMP
| Q4 25 | — | 71.9% | ||
| Q3 25 | — | 70.2% | ||
| Q2 25 | — | 70.1% | ||
| Q1 25 | — | 69.3% | ||
| Q4 24 | — | 71.9% | ||
| Q3 24 | — | 72.4% | ||
| Q2 24 | — | 70.6% | ||
| Q1 24 | — | 72.2% |
营业利润率CUBIRAMP
| Q4 25 | 41.1% | 18.6% | ||
| Q3 25 | 43.2% | 10.7% | ||
| Q2 25 | 38.2% | 3.7% | ||
| Q1 25 | 8.3% | -6.1% | ||
| Q4 24 | 21.4% | 7.5% | ||
| Q3 24 | 27.5% | 4.0% | ||
| Q2 24 | 38.8% | -3.0% | ||
| Q1 24 | 36.0% | -8.3% |
净利率CUBIRAMP
| Q4 25 | — | 18.8% | ||
| Q3 25 | 32.6% | 13.7% | ||
| Q2 25 | 29.5% | 4.0% | ||
| Q1 25 | 9.0% | -3.3% | ||
| Q4 24 | — | 5.7% | ||
| Q3 24 | 28.0% | 0.9% | ||
| Q2 24 | 29.2% | -4.3% | ||
| Q1 24 | 27.4% | -3.1% |
每股收益（稀释后）CUBIRAMP
| Q4 25 | $2.04 | $0.62 | ||
| Q3 25 | $2.20 | $0.42 | ||
| Q2 25 | $1.73 | $0.12 | ||
| Q1 25 | $0.29 | $-0.10 | ||
| Q4 24 | $0.72 | $0.17 | ||
| Q3 24 | $1.31 | $0.03 | ||
| Q2 24 | $1.66 | $-0.11 | ||
| Q1 24 | $1.40 | $-0.09 |
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 | $4.4B | $403.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.1B | $962.3M |
| 总资产 | $24.9B | $1.3B |
| 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CUBIRAMP
| Q4 25 | $4.4B | $403.4M | ||
| Q3 25 | $4.2B | $376.9M | ||
| Q2 25 | $3.5B | $371.1M | ||
| Q1 25 | $3.4B | $420.8M | ||
| Q4 24 | $3.8B | $384.3M | ||
| Q3 24 | $3.1B | $348.4M | ||
| Q2 24 | $3.0B | $342.7M | ||
| Q1 24 | $3.7B | $368.9M |
股东权益CUBIRAMP
| Q4 25 | $2.1B | $962.3M | ||
| Q3 25 | $2.1B | $943.8M | ||
| Q2 25 | $1.9B | $947.8M | ||
| Q1 25 | $1.9B | $948.9M | ||
| Q4 24 | $1.8B | $957.7M | ||
| Q3 24 | $1.8B | $932.1M | ||
| Q2 24 | $1.7B | $951.9M | ||
| Q1 24 | $1.7B | $949.1M |
总资产CUBIRAMP
| Q4 25 | $24.9B | $1.3B | ||
| Q3 25 | $24.3B | $1.2B | ||
| Q2 25 | $22.6B | $1.2B | ||
| Q1 25 | $22.4B | $1.3B | ||
| Q4 24 | $22.3B | $1.3B | ||
| Q3 24 | $21.5B | $1.2B | ||
| Q2 24 | $20.9B | $1.2B | ||
| Q1 24 | $21.3B | $1.2B |
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 | $494.8M | — |
| 自由现金流经营现金流 - 资本支出 | $481.0M | — |
| 自由现金流率自由现金流/营收 | 203.0% | — |
| 资本支出强度资本支出/营收 | 5.8% | 0.1% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $843.0M | — |
8季度趋势，按日历期对齐
经营现金流CUBIRAMP
| Q4 25 | $494.8M | — | ||
| Q3 25 | $116.9M | $57.4M | ||
| Q2 25 | $162.2M | $-15.8M | ||
| Q1 25 | $94.1M | — | ||
| Q4 24 | $145.1M | $45.1M | ||
| Q3 24 | $24.4M | $55.6M | ||
| Q2 24 | $6.1M | $-9.3M | ||
| Q1 24 | $-18.8M | — |
自由现金流CUBIRAMP
| Q4 25 | $481.0M | — | ||
| Q3 25 | $106.4M | $56.8M | ||
| Q2 25 | $162.1M | $-16.2M | ||
| Q1 25 | $93.4M | — | ||
| Q4 24 | $143.6M | $44.8M | ||
| Q3 24 | $24.1M | $55.4M | ||
| Q2 24 | $5.8M | $-9.6M | ||
| Q1 24 | $-19.2M | — |
自由现金流率CUBIRAMP
| Q4 25 | 203.0% | — | ||
| Q3 25 | 45.9% | 28.4% | ||
| Q2 25 | 78.6% | -8.3% | ||
| Q1 25 | 65.4% | — | ||
| Q4 24 | 85.5% | 22.9% | ||
| Q3 24 | 14.4% | 29.8% | ||
| Q2 24 | 2.9% | -5.4% | ||
| Q1 24 | -10.6% | — |
资本支出强度CUBIRAMP
| Q4 25 | 5.8% | 0.1% | ||
| Q3 25 | 4.5% | 0.3% | ||
| Q2 25 | 0.0% | 0.2% | ||
| Q1 25 | 0.5% | 0.2% | ||
| Q4 24 | 0.9% | 0.1% | ||
| Q3 24 | 0.2% | 0.1% | ||
| Q2 24 | 0.2% | 0.1% | ||
| Q1 24 | 0.2% | 1.0% |
现金转化率CUBIRAMP
| Q4 25 | — | — | ||
| Q3 25 | 1.54× | 2.09× | ||
| Q2 25 | 2.66× | -2.04× | ||
| Q1 25 | 7.29× | — | ||
| Q4 24 | — | 4.02× | ||
| Q3 24 | 0.52× | 32.10× | ||
| Q2 24 | 0.10× | — | ||
| Q1 24 | -0.38× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
