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富邦金控（FBK）与道富集团（STT）财务数据对比。点击上方公司名可切换其他公司
道富集团的季度营收约是富邦金控的20.5倍（$3.7B vs $178.6M），富邦金控净利率更高（31.9% vs 20.4%，领先11.5%），富邦金控同比增速更快（37.0% vs 7.5%），道富集团自由现金流更多（$9.8B vs $147.0M），过去两年富邦金控的营收复合增速更高（28.9% vs 8.1%）
富邦金融控股股份有限公司是一家金融投资控股企业，旗下核心子公司涵盖富邦投信、富邦产险、富邦证券、富邦银行、富邦人寿、富邦华一银行及富邦银行（香港）等，集团于2001年12月19日正式成立，可为客户提供覆盖全业态的综合金融服务。
道富集团是总部位于美国波士顿的跨国金融服务及银行控股公司，历史可追溯至1792年成立的联合银行，是美国运营历史第二悠久的存续银行。作为全球顶尖的资产管理与托管机构，截至2025年第三季度，其管理资产规模约5.4万亿美元，托管及管理资产总规模达51.7万亿美元。
FBK vs STT — 直观对比
营收规模更大
STT
是对方的20.5倍
$178.6M
营收增速更快
FBK
高出29.5%
7.5%
净利率更高
FBK
高出11.5%
20.4%
自由现金流更多
STT
多$9.6B
$147.0M
两年增速更快
FBK
近两年复合增速
8.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $178.6M | $3.7B |
| 净利润 | $57.0M | $747.0M |
| 毛利率 | — | — |
| 营业利润率 | 39.1% | 25.0% |
| 净利率 | 31.9% | 20.4% |
| 营收同比 | 37.0% | 7.5% |
| 净利润同比 | 50.4% | -4.6% |
| 每股收益（稀释后） | $1.12 | $2.41 |
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FBKSTT
| Q4 25 | $178.6M | $3.7B | ||
| Q3 25 | $173.9M | $3.5B | ||
| Q2 25 | $76.9M | $3.4B | ||
| Q1 25 | $130.7M | $3.3B | ||
| Q4 24 | $130.4M | $3.4B | ||
| Q3 24 | $89.5M | $3.3B | ||
| Q2 24 | $128.2M | $3.2B | ||
| Q1 24 | $107.5M | $3.1B |
净利润FBKSTT
| Q4 25 | $57.0M | $747.0M | ||
| Q3 25 | $23.4M | $861.0M | ||
| Q2 25 | $2.9M | $693.0M | ||
| Q1 25 | $39.4M | $644.0M | ||
| Q4 24 | $37.9M | $783.0M | ||
| Q3 24 | $10.2M | $730.0M | ||
| Q2 24 | $40.0M | $711.0M | ||
| Q1 24 | $27.9M | $463.0M |
营业利润率FBKSTT
| Q4 25 | 39.1% | 25.0% | ||
| Q3 25 | 17.0% | 31.1% | ||
| Q2 25 | -12.7% | 25.8% | ||
| Q1 25 | 37.4% | 25.0% | ||
| Q4 24 | 38.4% | 28.1% | ||
| Q3 24 | 12.7% | 28.4% | ||
| Q2 24 | 39.7% | 28.6% | ||
| Q1 24 | 31.9% | 19.1% |
净利率FBKSTT
| Q4 25 | 31.9% | 20.4% | ||
| Q3 25 | 13.4% | 24.3% | ||
| Q2 25 | 3.8% | 20.1% | ||
| Q1 25 | 30.1% | 19.6% | ||
| Q4 24 | 29.1% | 22.9% | ||
| Q3 24 | 11.4% | 22.4% | ||
| Q2 24 | 31.2% | 22.3% | ||
| Q1 24 | 26.0% | 14.8% |
每股收益（稀释后）FBKSTT
| Q4 25 | $1.12 | $2.41 | ||
| Q3 25 | $0.43 | $2.78 | ||
| Q2 25 | $0.06 | $2.17 | ||
| Q1 25 | $0.84 | $2.04 | ||
| Q4 24 | $0.82 | $2.43 | ||
| Q3 24 | $0.22 | $2.26 | ||
| Q2 24 | $0.85 | $2.15 | ||
| Q1 24 | $0.59 | $1.37 |
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 | $1.2B | — |
| 总债务越低越好 | $212.8M | — |
| 股东权益账面价值 | $1.9B | $27.8B |
| 总资产 | $16.3B | $366.0B |
| 负债/权益比越低杠杆越低 | 0.11× | — |
8季度趋势，按日历期对齐
现金及短期投资FBKSTT
| Q4 25 | $1.2B | — | ||
| Q3 25 | $1.3B | — | ||
| Q2 25 | $1.2B | — | ||
| Q1 25 | $794.7M | — | ||
| Q4 24 | $1.0B | — | ||
| Q3 24 | $951.8M | — | ||
| Q2 24 | $800.9M | — | ||
| Q1 24 | $870.7M | — |
总债务FBKSTT
| Q4 25 | $212.8M | — | ||
| Q3 25 | $213.6M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $176.8M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益FBKSTT
| Q4 25 | $1.9B | $27.8B | ||
| Q3 25 | $2.0B | $27.6B | ||
| Q2 25 | $1.6B | $27.3B | ||
| Q1 25 | $1.6B | $26.7B | ||
| Q4 24 | $1.6B | $25.3B | ||
| Q3 24 | $1.6B | $25.8B | ||
| Q2 24 | $1.5B | $24.8B | ||
| Q1 24 | $1.5B | $24.4B |
总资产FBKSTT
| Q4 25 | $16.3B | $366.0B | ||
| Q3 25 | $16.2B | $371.1B | ||
| Q2 25 | $13.4B | $376.7B | ||
| Q1 25 | $13.1B | $372.7B | ||
| Q4 24 | $13.2B | $353.2B | ||
| Q3 24 | $12.9B | $338.5B | ||
| Q2 24 | $12.5B | $325.6B | ||
| Q1 24 | $12.5B | $338.0B |
负债/权益比FBKSTT
| Q4 25 | 0.11× | — | ||
| Q3 25 | 0.11× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.11× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $155.9M | $10.0B |
| 自由现金流经营现金流 - 资本支出 | $147.0M | $9.8B |
| 自由现金流率自由现金流/营收 | 82.3% | 266.6% |
| 资本支出强度资本支出/营收 | 5.0% | 7.3% |
| 现金转化率经营现金流/净利润 | 2.74× | 13.44× |
| 过去12个月自由现金流最近4个季度 | $242.8M | $10.8B |
8季度趋势，按日历期对齐
经营现金流FBKSTT
| Q4 25 | $155.9M | $10.0B | ||
| Q3 25 | $47.7M | $7.9B | ||
| Q2 25 | $71.8M | $-8.4B | ||
| Q1 25 | $-16.5M | $2.4B | ||
| Q4 24 | $138.8M | $-7.4B | ||
| Q3 24 | $57.8M | $2.7B | ||
| Q2 24 | $30.6M | $-7.6B | ||
| Q1 24 | $36.3M | $-844.0M |
自由现金流FBKSTT
| Q4 25 | $147.0M | $9.8B | ||
| Q3 25 | $45.6M | $7.7B | ||
| Q2 25 | $68.4M | $-8.8B | ||
| Q1 25 | $-18.1M | $2.2B | ||
| Q4 24 | $132.3M | $-7.7B | ||
| Q3 24 | $56.7M | $2.5B | ||
| Q2 24 | $28.4M | $-7.9B | ||
| Q1 24 | $34.6M | $-1.1B |
自由现金流率FBKSTT
| Q4 25 | 82.3% | 266.6% | ||
| Q3 25 | 26.2% | 216.0% | ||
| Q2 25 | 89.0% | -254.1% | ||
| Q1 25 | -13.9% | 66.1% | ||
| Q4 24 | 101.4% | -225.1% | ||
| Q3 24 | 63.3% | 75.9% | ||
| Q2 24 | 22.1% | -246.2% | ||
| Q1 24 | 32.2% | -34.2% |
资本支出强度FBKSTT
| Q4 25 | 5.0% | 7.3% | ||
| Q3 25 | 1.2% | 6.9% | ||
| Q2 25 | 4.4% | 9.3% | ||
| Q1 25 | 1.3% | 6.9% | ||
| Q4 24 | 5.0% | 7.3% | ||
| Q3 24 | 1.2% | 7.2% | ||
| Q2 24 | 1.7% | 6.7% | ||
| Q1 24 | 1.5% | 7.3% |
现金转化率FBKSTT
| Q4 25 | 2.74× | 13.44× | ||
| Q3 25 | 2.04× | 9.18× | ||
| Q2 25 | 24.68× | -12.18× | ||
| Q1 25 | -0.42× | 3.72× | ||
| Q4 24 | 3.66× | -9.49× | ||
| Q3 24 | 5.65× | 3.71× | ||
| Q2 24 | 0.77× | -10.75× | ||
| Q1 24 | 1.30× | -1.82× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
FBK
暂无分部数据
STT
| Other | $2.2B | 59% |
| Investment Management | $729.0M | 20% |
| Management Services | $662.0M | 18% |
| Other Fee Revenue | $56.0M | 2% |
| Securities Financing Services | $54.0M | 1% |
