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FNB CORP（FNB）与Walker & Dunlop, Inc.（WD）财务数据对比。点击上方公司名可切换其他公司
FNB CORP的季度营收约是Walker & Dunlop, Inc.的1.1倍（$366.0M vs $340.0M），FNB CORP净利率更高（45.9% vs -12.9%，领先58.8%），FNB CORP同比增速更快（13.7% vs -0.4%），FNB CORP自由现金流更多（$99.0M vs $-680.1M），过去两年Walker & Dunlop, Inc.的营收复合增速更高（22.1% vs 7.1%）
FNB集团是总部位于美国宾夕法尼亚州匹兹堡的多元化金融服务机构，为旗下最大子公司第一国民银行的控股主体，截至2025年12月31日总资产超500亿美元，业务覆盖匹兹堡、巴尔的摩、克利夫兰、华盛顿特区、北卡罗来纳州多座城市及南卡罗来纳州查尔斯顿等核心都会区。
Walker & Dunlop, Inc.是美国乃至全球规模领先的商业地产金融与咨询服务机构，为客户提供覆盖商业地产领域的多元金融解决方案及专业咨询服务，业务辐射全球多个市场，在行业内拥有深厚的资源积累与广泛的市场认可度。
FNB vs WD — 直观对比
营收规模更大
FNB
是对方的1.1倍
$340.0M
营收增速更快
FNB
高出14.1%
-0.4%
净利率更高
FNB
高出58.8%
-12.9%
自由现金流更多
FNB
多$779.1M
$-680.1M
两年增速更快
WD
近两年复合增速
7.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $366.0M | $340.0M |
| 净利润 | $168.0M | $-13.9M |
| 毛利率 | — | — |
| 营业利润率 | 45.1% | -17.2% |
| 净利率 | 45.9% | -12.9% |
| 营收同比 | 13.7% | -0.4% |
| 净利润同比 | 52.7% | -131.0% |
| 每股收益（稀释后） | $0.47 | $-0.41 |
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FNBWD
| Q4 25 | $366.0M | $340.0M | ||
| Q3 25 | $359.0M | $337.7M | ||
| Q2 25 | $348.0M | $319.2M | ||
| Q1 25 | $323.0M | $237.4M | ||
| Q4 24 | $322.0M | $341.5M | ||
| Q3 24 | $323.0M | $292.3M | ||
| Q2 24 | $316.0M | $270.7M | ||
| Q1 24 | $319.0M | $228.1M |
净利润FNBWD
| Q4 25 | $168.0M | $-13.9M | ||
| Q3 25 | $150.0M | $33.5M | ||
| Q2 25 | $130.0M | $34.0M | ||
| Q1 25 | $117.0M | $2.8M | ||
| Q4 24 | $110.0M | $44.8M | ||
| Q3 24 | $110.0M | $28.8M | ||
| Q2 24 | $123.0M | $22.7M | ||
| Q1 24 | $122.0M | $11.9M |
营业利润率FNBWD
| Q4 25 | 45.1% | -17.2% | ||
| Q3 25 | 52.9% | 13.6% | ||
| Q2 25 | 47.7% | 14.5% | ||
| Q1 25 | 45.8% | 2.2% | ||
| Q4 24 | 31.7% | 15.3% | ||
| Q3 24 | 43.3% | 12.8% | ||
| Q2 24 | 49.7% | 10.4% | ||
| Q1 24 | 48.9% | 6.0% |
净利率FNBWD
| Q4 25 | 45.9% | -12.9% | ||
| Q3 25 | 41.8% | 9.9% | ||
| Q2 25 | 37.4% | 10.6% | ||
| Q1 25 | 36.2% | 1.2% | ||
| Q4 24 | 34.2% | 13.1% | ||
| Q3 24 | 34.1% | 9.9% | ||
| Q2 24 | 38.9% | 8.4% | ||
| Q1 24 | 38.2% | 5.2% |
每股收益（稀释后）FNBWD
| Q4 25 | $0.47 | $-0.41 | ||
| Q3 25 | $0.41 | $0.98 | ||
| Q2 25 | $0.36 | $0.99 | ||
| Q1 25 | $0.32 | $0.08 | ||
| Q4 24 | $0.31 | $1.32 | ||
| Q3 24 | $0.30 | $0.85 | ||
| Q2 24 | $0.34 | $0.67 | ||
| Q1 24 | $0.32 | $0.35 |
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 | $2.5B | $299.3M |
| 总债务越低越好 | $1.9B | — |
| 股东权益账面价值 | $6.8B | $1.7B |
| 总资产 | $50.2B | $5.1B |
| 负债/权益比越低杠杆越低 | 0.28× | — |
8季度趋势，按日历期对齐
现金及短期投资FNBWD
| Q4 25 | $2.5B | $299.3M | ||
| Q3 25 | $2.4B | $274.8M | ||
| Q2 25 | $2.4B | $233.7M | ||
| Q1 25 | $2.4B | $181.0M | ||
| Q4 24 | $2.4B | $279.3M | ||
| Q3 24 | $2.1B | $179.8M | ||
| Q2 24 | $1.9B | $208.1M | ||
| Q1 24 | $1.5B | $216.5M |
总债务FNBWD
| Q4 25 | $1.9B | — | ||
| Q3 25 | $2.1B | — | ||
| Q2 25 | $2.7B | — | ||
| Q1 25 | $2.5B | — | ||
| Q4 24 | $3.0B | — | ||
| Q3 24 | $2.5B | — | ||
| Q2 24 | $2.0B | — | ||
| Q1 24 | $2.1B | — |
股东权益FNBWD
| Q4 25 | $6.8B | $1.7B | ||
| Q3 25 | $6.6B | $1.8B | ||
| Q2 25 | $6.5B | $1.8B | ||
| Q1 25 | $6.4B | $1.7B | ||
| Q4 24 | $6.3B | $1.7B | ||
| Q3 24 | $6.2B | $1.7B | ||
| Q2 24 | $6.1B | $1.7B | ||
| Q1 24 | $6.0B | $1.7B |
总资产FNBWD
| Q4 25 | $50.2B | $5.1B | ||
| Q3 25 | $49.9B | $5.8B | ||
| Q2 25 | $49.7B | $4.7B | ||
| Q1 25 | $49.0B | $4.5B | ||
| Q4 24 | $48.6B | $4.4B | ||
| Q3 24 | $48.0B | $4.6B | ||
| Q2 24 | $47.7B | $4.2B | ||
| Q1 24 | $45.9B | $3.8B |
负债/权益比FNBWD
| Q4 25 | 0.28× | — | ||
| Q3 25 | 0.32× | — | ||
| Q2 25 | 0.41× | — | ||
| Q1 25 | 0.39× | — | ||
| Q4 24 | 0.48× | — | ||
| Q3 24 | 0.40× | — | ||
| Q2 24 | 0.33× | — | ||
| Q1 24 | 0.35× | — |
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 | $128.0M | $-664.3M |
| 自由现金流经营现金流 - 资本支出 | $99.0M | $-680.1M |
| 自由现金流率自由现金流/营收 | 27.0% | -200.0% |
| 资本支出强度资本支出/营收 | 7.9% | 4.6% |
| 现金转化率经营现金流/净利润 | 0.76× | — |
| 过去12个月自由现金流最近4个季度 | $376.0M | $-2.2B |
8季度趋势，按日历期对齐
经营现金流FNBWD
| Q4 25 | $128.0M | $-664.3M | ||
| Q3 25 | $167.0M | $-948.1M | ||
| Q2 25 | $123.0M | $-238.5M | ||
| Q1 25 | $64.0M | $-281.1M | ||
| Q4 24 | $326.0M | $129.4M | ||
| Q3 24 | $-14.0M | $-202.0M | ||
| Q2 24 | $85.0M | $-237.8M | ||
| Q1 24 | $245.0M | $38.4M |
自由现金流FNBWD
| Q4 25 | $99.0M | $-680.1M | ||
| Q3 25 | $149.0M | $-950.4M | ||
| Q2 25 | $85.0M | $-241.0M | ||
| Q1 25 | $43.0M | $-284.7M | ||
| Q4 24 | $278.0M | $116.4M | ||
| Q3 24 | $-46.0M | $-204.0M | ||
| Q2 24 | $55.0M | $-241.7M | ||
| Q1 24 | $216.0M | $35.2M |
自由现金流率FNBWD
| Q4 25 | 27.0% | -200.0% | ||
| Q3 25 | 41.5% | -281.5% | ||
| Q2 25 | 24.4% | -75.5% | ||
| Q1 25 | 13.3% | -120.0% | ||
| Q4 24 | 86.3% | 34.1% | ||
| Q3 24 | -14.2% | -69.8% | ||
| Q2 24 | 17.4% | -89.3% | ||
| Q1 24 | 67.7% | 15.4% |
资本支出强度FNBWD
| Q4 25 | 7.9% | 4.6% | ||
| Q3 25 | 5.0% | 0.7% | ||
| Q2 25 | 10.9% | 0.8% | ||
| Q1 25 | 6.5% | 1.5% | ||
| Q4 24 | 14.9% | 3.8% | ||
| Q3 24 | 9.9% | 0.7% | ||
| Q2 24 | 9.5% | 1.4% | ||
| Q1 24 | 9.1% | 1.4% |
现金转化率FNBWD
| Q4 25 | 0.76× | — | ||
| Q3 25 | 1.11× | -28.34× | ||
| Q2 25 | 0.95× | -7.02× | ||
| Q1 25 | 0.55× | -102.07× | ||
| Q4 24 | 2.96× | 2.89× | ||
| Q3 24 | -0.13× | -7.01× | ||
| Q2 24 | 0.69× | -10.49× | ||
| Q1 24 | 2.01× | 3.24× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
