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First Bancorp, Inc（FNLC）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First Bancorp, Inc的1.8倍（$47.1M vs $25.8M），First Bancorp, Inc净利率更高（39.4% vs -33.9%，领先73.3%），First Bancorp, Inc同比增速更快（17.5% vs -15.6%），过去两年STEM, INC.的营收复合增速更高（36.1% vs 18.1%）
第一银行公司（First Bancorp, Inc）是一家银行控股公司，其核心业务通过总部位于康涅狄格州斯坦福的爱国者国家银行（Patriot Bank NA）开展，相关 banking 业务也以PNBK代码在纳斯达克挂牌交易。
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。
FNLC vs STEM — 直观对比
营收规模更大
STEM
是对方的1.8倍
$25.8M
营收增速更快
FNLC
高出33.1%
-15.6%
净利率更高
FNLC
高出73.3%
-33.9%
两年增速更快
STEM
近两年复合增速
18.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $25.8M | $47.1M |
| 净利润 | $10.2M | $-16.0M |
| 毛利率 | — | 48.9% |
| 营业利润率 | 48.1% | -17.7% |
| 净利率 | 39.4% | -33.9% |
| 营收同比 | 17.5% | -15.6% |
| 净利润同比 | 39.7% | 68.8% |
| 每股收益（稀释后） | $0.91 | $-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FNLCSTEM
| Q4 25 | $25.8M | $47.1M | ||
| Q3 25 | $24.5M | $38.2M | ||
| Q2 25 | $22.5M | $38.4M | ||
| Q1 25 | $21.8M | $32.5M | ||
| Q4 24 | $22.0M | $55.8M | ||
| Q3 24 | $20.5M | $29.3M | ||
| Q2 24 | $19.2M | $34.0M | ||
| Q1 24 | $18.5M | $25.5M |
净利润FNLCSTEM
| Q4 25 | $10.2M | $-16.0M | ||
| Q3 25 | $9.1M | $-23.8M | ||
| Q2 25 | $8.1M | $202.5M | ||
| Q1 25 | $7.1M | $-25.0M | ||
| Q4 24 | $7.3M | $-51.1M | ||
| Q3 24 | $7.6M | $-148.3M | ||
| Q2 24 | $6.2M | $-582.3M | ||
| Q1 24 | $6.0M | $-72.3M |
毛利率FNLCSTEM
| 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FNLCSTEM
| Q4 25 | 48.1% | -17.7% | ||
| Q3 25 | 45.2% | -33.6% | ||
| Q2 25 | 43.7% | -34.8% | ||
| Q1 25 | 39.3% | -65.0% | ||
| Q4 24 | 39.5% | -84.4% | ||
| Q3 24 | 44.6% | -493.2% | ||
| Q2 24 | 38.8% | -1705.5% | ||
| Q1 24 | 39.3% | -267.0% |
净利率FNLCSTEM
| Q4 25 | 39.4% | -33.9% | ||
| Q3 25 | 37.0% | -62.2% | ||
| Q2 25 | 35.8% | 527.8% | ||
| Q1 25 | 32.5% | -76.9% | ||
| Q4 24 | 33.1% | -91.6% | ||
| Q3 24 | 36.9% | -506.3% | ||
| Q2 24 | 32.1% | -1712.6% | ||
| Q1 24 | 32.5% | -283.9% |
每股收益（稀释后）FNLCSTEM
| Q4 25 | $0.91 | $-4.40 | ||
| Q3 25 | $0.81 | $-2.84 | ||
| Q2 25 | $0.72 | $-1.79 | ||
| Q1 25 | $0.63 | $-0.15 | ||
| Q4 24 | $0.66 | $-15.29 | ||
| Q3 24 | $0.68 | $-18.24 | ||
| Q2 24 | $0.55 | $-71.81 | ||
| Q1 24 | $0.54 | $-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 | $95.5M | — |
| 股东权益账面价值 | $283.1M | $-249.4M |
| 总资产 | $3.2B | $308.9M |
| 负债/权益比越低杠杆越低 | 0.34× | — |
8季度趋势，按日历期对齐
现金及短期投资FNLCSTEM
| 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 |
总债务FNLCSTEM
| Q4 25 | $95.5M | — | ||
| Q3 25 | $95.5M | — | ||
| Q2 25 | $95.0M | — | ||
| Q1 25 | $70.0M | — | ||
| Q4 24 | $95.0M | — | ||
| Q3 24 | $95.0M | — | ||
| Q2 24 | $70.0M | — | ||
| Q1 24 | $70.0M | — |
股东权益FNLCSTEM
| Q4 25 | $283.1M | $-249.4M | ||
| Q3 25 | $274.6M | $-235.7M | ||
| Q2 25 | $265.5M | $-214.1M | ||
| Q1 25 | $259.7M | $-417.5M | ||
| Q4 24 | $252.5M | $-398.4M | ||
| Q3 24 | $256.8M | $-344.1M | ||
| Q2 24 | $244.7M | $-203.2M | ||
| Q1 24 | $242.6M | $371.6M |
总资产FNLCSTEM
| Q4 25 | $3.2B | $308.9M | ||
| Q3 25 | $3.2B | $362.6M | ||
| Q2 25 | $3.2B | $379.2M | ||
| Q1 25 | $3.2B | $405.1M | ||
| Q4 24 | $3.2B | $437.4M | ||
| Q3 24 | $3.1B | $537.8M | ||
| Q2 24 | $3.1B | $691.5M | ||
| Q1 24 | $3.0B | $1.3B |
负债/权益比FNLCSTEM
| Q4 25 | 0.34× | — | ||
| Q3 25 | 0.35× | — | ||
| Q2 25 | 0.36× | — | ||
| Q1 25 | 0.27× | — | ||
| Q4 24 | 0.38× | — | ||
| Q3 24 | 0.37× | — | ||
| Q2 24 | 0.29× | — | ||
| Q1 24 | 0.29× | — |
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 | $37.8M | $8.2M |
| 自由现金流经营现金流 - 资本支出 | $34.6M | — |
| 自由现金流率自由现金流/营收 | 133.9% | — |
| 资本支出强度资本支出/营收 | 12.5% | — |
| 现金转化率经营现金流/净利润 | 3.72× | — |
| 过去12个月自由现金流最近4个季度 | $55.3M | — |
8季度趋势，按日历期对齐
经营现金流FNLCSTEM
| Q4 25 | $37.8M | $8.2M | ||
| Q3 25 | $12.9M | $11.4M | ||
| Q2 25 | $7.4M | $-21.3M | ||
| Q1 25 | $2.2M | $8.5M | ||
| Q4 24 | $26.0M | $-14.7M | ||
| Q3 24 | $9.8M | $-9.4M | ||
| Q2 24 | $6.4M | $-11.9M | ||
| Q1 24 | $-1.5M | $-621.0K |
自由现金流FNLCSTEM
| Q4 25 | $34.6M | — | ||
| Q3 25 | $12.6M | — | ||
| Q2 25 | $7.2M | — | ||
| Q1 25 | $828.0K | — | ||
| Q4 24 | $24.6M | — | ||
| Q3 24 | $9.6M | — | ||
| Q2 24 | $6.3M | — | ||
| Q1 24 | $-1.8M | — |
自由现金流率FNLCSTEM
| Q4 25 | 133.9% | — | ||
| Q3 25 | 51.4% | — | ||
| Q2 25 | 32.1% | — | ||
| Q1 25 | 3.8% | — | ||
| Q4 24 | 111.7% | — | ||
| Q3 24 | 47.0% | — | ||
| Q2 24 | 32.9% | — | ||
| Q1 24 | -9.8% | — |
资本支出强度FNLCSTEM
| Q4 25 | 12.5% | — | ||
| Q3 25 | 1.2% | — | ||
| Q2 25 | 0.6% | — | ||
| Q1 25 | 6.2% | — | ||
| Q4 24 | 6.7% | — | ||
| Q3 24 | 0.5% | — | ||
| Q2 24 | 0.3% | — | ||
| Q1 24 | 1.8% | — |
现金转化率FNLCSTEM
| Q4 25 | 3.72× | — | ||
| Q3 25 | 1.42× | — | ||
| Q2 25 | 0.91× | -0.11× | ||
| Q1 25 | 0.31× | — | ||
| Q4 24 | 3.58× | — | ||
| Q3 24 | 1.29× | — | ||
| Q2 24 | 1.03× | — | ||
| Q1 24 | -0.25× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
