vs
合众银行（FSBC）与GRAIL, Inc.（GRAL）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GRAIL, Inc.的1.0倍（$45.1M vs $43.6M），合众银行净利率更高（41.3% vs -227.5%，领先268.8%），过去两年GRAIL, Inc.的营收复合增速更高（27.7% vs 21.3%）
合众银行是总部设在美国明尼阿波利斯、在特拉华州注册的美国跨国银行机构，截至2025年为美国第五大银行，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的银行。它旗下核心运营实体为美国银行全国协会，以US Bank品牌开展业务，提供银行、投资、抵押等金融服务。
GRAIL是2015年成立的美国生物技术企业，总部位于加利福尼亚州门洛帕克，核心业务是研发面向无症状人群的癌症早期筛查检测产品。该公司最初是基因测序企业Illumina旗下的初创子公司，2021年被Illumina全资收购。
FSBC vs GRAL — 直观对比
营收规模更大
FSBC
是对方的1.0倍
$43.6M
净利率更高
FSBC
高出268.8%
-227.5%
两年增速更快
GRAL
近两年复合增速
21.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $45.1M | $43.6M |
| 净利润 | $18.6M | $-99.2M |
| 毛利率 | — | — |
| 营业利润率 | — | -285.4% |
| 净利率 | 41.3% | -227.5% |
| 营收同比 | — | 14.0% |
| 净利润同比 | 42.0% | -2.2% |
| 每股收益（稀释后） | $0.87 | $-2.37 |
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FSBCGRAL
| Q1 26 | $45.1M | — | ||
| Q4 25 | $43.5M | $43.6M | ||
| Q3 25 | $41.3M | $36.2M | ||
| Q2 25 | $38.3M | $35.5M | ||
| Q1 25 | $35.3M | $31.8M | ||
| Q4 24 | $35.2M | $38.3M | ||
| Q3 24 | $31.8M | $28.7M | ||
| Q2 24 | $30.7M | $32.0M |
净利润FSBCGRAL
| Q1 26 | $18.6M | — | ||
| Q4 25 | $17.6M | $-99.2M | ||
| Q3 25 | $16.3M | $-89.0M | ||
| Q2 25 | $14.5M | $-114.0M | ||
| Q1 25 | $13.1M | $-106.2M | ||
| Q4 24 | $13.3M | $-97.1M | ||
| Q3 24 | $10.9M | $-125.7M | ||
| Q2 24 | $10.8M | $-1.6B |
营业利润率FSBCGRAL
| Q1 26 | — | — | ||
| Q4 25 | 52.9% | -285.4% | ||
| Q3 25 | 53.8% | -346.2% | ||
| Q2 25 | 52.4% | -446.9% | ||
| Q1 25 | 52.0% | -482.5% | ||
| Q4 24 | 55.1% | -358.0% | ||
| Q3 24 | 48.0% | -640.5% | ||
| Q2 24 | 49.4% | -5133.8% |
净利率FSBCGRAL
| Q1 26 | 41.3% | — | ||
| Q4 25 | 40.6% | -227.5% | ||
| Q3 25 | 39.6% | -245.8% | ||
| Q2 25 | 37.9% | -320.7% | ||
| Q1 25 | 37.1% | -333.6% | ||
| Q4 24 | 37.9% | -253.8% | ||
| Q3 24 | 34.4% | -438.7% | ||
| Q2 24 | 35.2% | -4958.8% |
每股收益（稀释后）FSBCGRAL
| Q1 26 | $0.87 | — | ||
| Q4 25 | $0.83 | $-2.37 | ||
| Q3 25 | $0.77 | $-2.46 | ||
| Q2 25 | $0.68 | $-3.18 | ||
| Q1 25 | $0.62 | $-3.10 | ||
| Q4 24 | $0.61 | $-1.49 | ||
| Q3 24 | $0.52 | $-3.94 | ||
| Q2 24 | $0.51 | $-51.06 |
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 | $644.4M | $249.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $458.5M | $2.6B |
| 总资产 | $5.0B | $2.9B |
| 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FSBCGRAL
| Q1 26 | $644.4M | — | ||
| Q4 25 | — | $249.7M | ||
| Q3 25 | — | $126.9M | ||
| Q2 25 | — | $127.4M | ||
| Q1 25 | — | $133.9M | ||
| Q4 24 | — | $214.2M | ||
| Q3 24 | — | $853.6M | ||
| Q2 24 | — | $958.8M |
股东权益FSBCGRAL
| Q1 26 | $458.5M | — | ||
| Q4 25 | $445.8M | $2.6B | ||
| Q3 25 | $431.3M | $2.2B | ||
| Q2 25 | $416.7M | $2.3B | ||
| Q1 25 | $406.5M | $2.4B | ||
| Q4 24 | $396.6M | $2.5B | ||
| Q3 24 | $389.9M | $2.6B | ||
| Q2 24 | $380.5M | $2.7B |
总资产FSBCGRAL
| Q1 26 | $5.0B | — | ||
| Q4 25 | $4.8B | $2.9B | ||
| Q3 25 | $4.6B | $2.6B | ||
| Q2 25 | $4.4B | $2.7B | ||
| Q1 25 | $4.2B | $2.8B | ||
| Q4 24 | $4.1B | $3.0B | ||
| Q3 24 | $3.9B | $3.1B | ||
| Q2 24 | $3.6B | $3.3B |
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 | — | $-63.8M |
| 自由现金流经营现金流 - 资本支出 | — | $-63.9M |
| 自由现金流率自由现金流/营收 | — | -146.5% |
| 资本支出强度资本支出/营收 | — | 0.2% |
| 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 | — | $-299.9M |
8季度趋势，按日历期对齐
经营现金流FSBCGRAL
| Q1 26 | — | — | ||
| Q4 25 | $72.6M | $-63.8M | ||
| Q3 25 | $18.8M | $-63.2M | ||
| Q2 25 | $17.8M | $-77.0M | ||
| Q1 25 | $15.5M | $-95.0M | ||
| Q4 24 | $51.8M | — | ||
| Q3 24 | $17.5M | $-104.6M | ||
| Q2 24 | $16.0M | $-171.8M |
自由现金流FSBCGRAL
| Q1 26 | — | — | ||
| Q4 25 | $71.4M | $-63.9M | ||
| Q3 25 | $18.6M | $-63.6M | ||
| Q2 25 | $17.5M | $-77.3M | ||
| Q1 25 | $15.4M | $-95.1M | ||
| Q4 24 | $51.2M | — | ||
| Q3 24 | $17.3M | $-105.6M | ||
| Q2 24 | $15.8M | $-173.2M |
自由现金流率FSBCGRAL
| Q1 26 | — | — | ||
| Q4 25 | 164.3% | -146.5% | ||
| Q3 25 | 45.0% | -175.8% | ||
| Q2 25 | 45.8% | -217.6% | ||
| Q1 25 | 43.5% | -298.6% | ||
| Q4 24 | 145.5% | — | ||
| Q3 24 | 54.5% | -368.4% | ||
| Q2 24 | 51.6% | -541.7% |
资本支出强度FSBCGRAL
| Q1 26 | — | — | ||
| Q4 25 | 2.8% | 0.2% | ||
| Q3 25 | 0.5% | 1.1% | ||
| Q2 25 | 0.6% | 1.0% | ||
| Q1 25 | 0.3% | 0.2% | ||
| Q4 24 | 1.8% | — | ||
| Q3 24 | 0.7% | 3.4% | ||
| Q2 24 | 0.7% | 4.3% |
现金转化率FSBCGRAL
| Q1 26 | — | — | ||
| Q4 25 | 4.12× | — | ||
| Q3 25 | 1.15× | — | ||
| Q2 25 | 1.23× | — | ||
| Q1 25 | 1.18× | — | ||
| Q4 24 | 3.89× | — | ||
| Q3 24 | 1.60× | — | ||
| Q2 24 | 1.49× | — |
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
FSBC
| Net Interest Income | $43.5M | 96% |
| Noninterest Income | $1.6M | 4% |
GRAL
| Screening Revenue | $42.3M | 97% |
| Developmental Services Revenue | $1.3M | 3% |
