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合众银行（FSBC）与Spok Holdings, Inc（SPOK）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Spok Holdings, Inc的1.3倍（$45.1M vs $33.9M），合众银行净利率更高（41.3% vs 8.7%，领先32.6%），过去两年合众银行的营收复合增速更高（21.3% vs -1.5%）
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。
Spok Holdings, Inc.是一家主要服务医疗健康行业的关键通信解决方案提供商，主打统一临床通信平台、安全消息工具、警报系统和值班调度软件，帮助医护团队高效协作，缩短响应时长，提升医疗机构的患者安全水平。
FSBC vs SPOK — 直观对比
营收规模更大
FSBC
是对方的1.3倍
$33.9M
净利率更高
FSBC
高出32.6%
8.7%
两年增速更快
FSBC
近两年复合增速
-1.5%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $45.1M | $33.9M |
| 净利润 | $18.6M | $2.9M |
| 毛利率 | — | 76.7% |
| 营业利润率 | — | 11.6% |
| 净利率 | 41.3% | 8.7% |
| 营收同比 | — | -0.1% |
| 净利润同比 | 42.0% | -19.6% |
| 每股收益（稀释后） | $0.87 | $0.13 |
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FSBCSPOK
| Q1 26 | $45.1M | — | ||
| Q4 25 | $43.5M | $33.9M | ||
| Q3 25 | $41.3M | $33.9M | ||
| Q2 25 | $38.3M | $35.7M | ||
| Q1 25 | $35.3M | $36.3M | ||
| Q4 24 | $35.2M | $33.9M | ||
| Q3 24 | $31.8M | $34.9M | ||
| Q2 24 | $30.7M | $34.0M |
净利润FSBCSPOK
| Q1 26 | $18.6M | — | ||
| Q4 25 | $17.6M | $2.9M | ||
| Q3 25 | $16.3M | $3.2M | ||
| Q2 25 | $14.5M | $4.6M | ||
| Q1 25 | $13.1M | $5.2M | ||
| Q4 24 | $13.3M | $3.6M | ||
| Q3 24 | $10.9M | $3.7M | ||
| Q2 24 | $10.8M | $3.4M |
毛利率FSBCSPOK
| Q1 26 | — | — | ||
| Q4 25 | — | 76.7% | ||
| Q3 25 | — | 78.3% | ||
| Q2 25 | — | 79.5% | ||
| Q1 25 | — | 80.1% | ||
| Q4 24 | — | 78.5% | ||
| Q3 24 | — | 79.5% | ||
| Q2 24 | — | 78.9% |
营业利润率FSBCSPOK
| Q1 26 | — | — | ||
| Q4 25 | 52.9% | 11.6% | ||
| Q3 25 | 53.8% | 12.9% | ||
| Q2 25 | 52.4% | 15.1% | ||
| Q1 25 | 52.0% | 16.6% | ||
| Q4 24 | 55.1% | 13.7% | ||
| Q3 24 | 48.0% | 14.2% | ||
| Q2 24 | 49.4% | 13.2% |
净利率FSBCSPOK
| Q1 26 | 41.3% | — | ||
| Q4 25 | 40.6% | 8.7% | ||
| Q3 25 | 39.6% | 9.5% | ||
| Q2 25 | 37.9% | 12.8% | ||
| Q1 25 | 37.1% | 14.3% | ||
| Q4 24 | 37.9% | 10.8% | ||
| Q3 24 | 34.4% | 10.5% | ||
| Q2 24 | 35.2% | 10.1% |
每股收益（稀释后）FSBCSPOK
| Q1 26 | $0.87 | — | ||
| Q4 25 | $0.83 | $0.13 | ||
| Q3 25 | $0.77 | $0.15 | ||
| Q2 25 | $0.68 | $0.22 | ||
| Q1 25 | $0.62 | $0.25 | ||
| Q4 24 | $0.61 | $0.17 | ||
| Q3 24 | $0.52 | $0.18 | ||
| Q2 24 | $0.51 | $0.17 |
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 | $25.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $458.5M | $146.4M |
| 总资产 | $5.0B | $206.1M |
| 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FSBCSPOK
| Q1 26 | $644.4M | — | ||
| Q4 25 | — | $25.3M | ||
| Q3 25 | — | $21.4M | ||
| Q2 25 | — | $20.2M | ||
| Q1 25 | — | $19.9M | ||
| Q4 24 | — | $29.1M | ||
| Q3 24 | — | $27.8M | ||
| Q2 24 | — | $23.9M |
股东权益FSBCSPOK
| Q1 26 | $458.5M | — | ||
| Q4 25 | $445.8M | $146.4M | ||
| Q3 25 | $431.3M | $148.7M | ||
| Q2 25 | $416.7M | $150.9M | ||
| Q1 25 | $406.5M | $151.7M | ||
| Q4 24 | $396.6M | $154.7M | ||
| Q3 24 | $389.9M | $156.3M | ||
| Q2 24 | $380.5M | $158.2M |
总资产FSBCSPOK
| Q1 26 | $5.0B | — | ||
| Q4 25 | $4.8B | $206.1M | ||
| Q3 25 | $4.6B | $209.7M | ||
| Q2 25 | $4.4B | $208.7M | ||
| Q1 25 | $4.2B | $204.5M | ||
| Q4 24 | $4.1B | $217.1M | ||
| Q3 24 | $3.9B | $216.8M | ||
| Q2 24 | $3.6B | $216.4M |
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 | — | $11.5M |
| 自由现金流经营现金流 - 资本支出 | — | $10.1M |
| 自由现金流率自由现金流/营收 | — | 29.9% |
| 资本支出强度资本支出/营收 | — | 4.1% |
| 现金转化率经营现金流/净利润 | — | 3.93× |
| 过去12个月自由现金流最近4个季度 | — | $25.2M |
8季度趋势，按日历期对齐
经营现金流FSBCSPOK
| Q1 26 | — | — | ||
| Q4 25 | $72.6M | $11.5M | ||
| Q3 25 | $18.8M | $8.1M | ||
| Q2 25 | $17.8M | $7.0M | ||
| Q1 25 | $15.5M | $2.3M | ||
| Q4 24 | $51.8M | $8.4M | ||
| Q3 24 | $17.5M | $11.1M | ||
| Q2 24 | $16.0M | $7.4M |
自由现金流FSBCSPOK
| Q1 26 | — | — | ||
| Q4 25 | $71.4M | $10.1M | ||
| Q3 25 | $18.6M | $7.6M | ||
| Q2 25 | $17.5M | $6.0M | ||
| Q1 25 | $15.4M | $1.5M | ||
| Q4 24 | $51.2M | $7.5M | ||
| Q3 24 | $17.3M | $10.3M | ||
| Q2 24 | $15.8M | $6.8M |
自由现金流率FSBCSPOK
| Q1 26 | — | — | ||
| Q4 25 | 164.3% | 29.9% | ||
| Q3 25 | 45.0% | 22.4% | ||
| Q2 25 | 45.8% | 16.8% | ||
| Q1 25 | 43.5% | 4.2% | ||
| Q4 24 | 145.5% | 22.3% | ||
| Q3 24 | 54.5% | 29.4% | ||
| Q2 24 | 51.6% | 20.0% |
资本支出强度FSBCSPOK
| Q1 26 | — | — | ||
| Q4 25 | 2.8% | 4.1% | ||
| Q3 25 | 0.5% | 1.6% | ||
| Q2 25 | 0.6% | 2.9% | ||
| Q1 25 | 0.3% | 2.1% | ||
| Q4 24 | 1.8% | 2.5% | ||
| Q3 24 | 0.7% | 2.4% | ||
| Q2 24 | 0.7% | 1.9% |
现金转化率FSBCSPOK
| Q1 26 | — | — | ||
| Q4 25 | 4.12× | 3.93× | ||
| Q3 25 | 1.15× | 2.54× | ||
| Q2 25 | 1.23× | 1.55× | ||
| Q1 25 | 1.18× | 0.43× | ||
| Q4 24 | 3.89× | 2.31× | ||
| Q3 24 | 1.60× | 3.03× | ||
| Q2 24 | 1.49× | 2.17× |
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% |
SPOK
| Paging | $16.8M | 50% |
| Software Operations | $16.0M | 47% |
| License | $1.2M | 4% |
