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HARTE HANKS INC（HHS）与MERCANTILE BANK CORP（MBWM）财务数据对比。点击上方公司名可切换其他公司
MERCANTILE BANK CORP的季度营收约是HARTE HANKS INC的1.7倍（$67.6M vs $39.9M），MERCANTILE BANK CORP净利率更高（33.6% vs 5.5%，领先28.0%），过去两年MERCANTILE BANK CORP的营收复合增速更高（9.1% vs -6.4%）
哈特·汉克斯是一家总部位于美国马萨诸塞州波士顿的全球营销服务企业，主营业务涵盖数据分析、营销战略规划、营销技术支持、创意服务、数字营销、客户服务、直邮服务以及物流履约等多个领域，为全球客户提供全方位的营销解决方案。
泰米尔纳德商业银行（TMB）是一家印度银行，总部位于泰米尔纳德邦杜蒂戈林。该行始建于1921年，最初名为纳达尔银行，1962年11月更名为泰米尔纳德商业银行，以拓展纳达尔社群以外的业务。目前该银行在印度全境拥有600家全功能网点、12个区域办事处及各类配套服务中心与自助设施。
HHS vs MBWM — 直观对比
营收规模更大
MBWM
是对方的1.7倍
$39.9M
净利率更高
MBWM
高出28.0%
5.5%
两年增速更快
MBWM
近两年复合增速
-6.4%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $39.9M | $67.6M |
| 净利润 | $2.2M | $22.7M |
| 毛利率 | — | — |
| 营业利润率 | -0.3% | — |
| 净利率 | 5.5% | 33.6% |
| 营收同比 | -15.4% | — |
| 净利润同比 | — | 16.1% |
| 每股收益（稀释后） | $0.30 | $1.32 |
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HHSMBWM
| Q1 26 | — | $67.6M | ||
| Q4 25 | $39.9M | $62.1M | ||
| Q3 25 | $39.5M | $62.4M | ||
| Q2 25 | $38.6M | $60.9M | ||
| Q1 25 | $41.6M | $57.3M | ||
| Q4 24 | $47.1M | $58.5M | ||
| Q3 24 | $47.6M | $58.0M | ||
| Q2 24 | $45.0M | $56.8M |
净利润HHSMBWM
| Q1 26 | — | $22.7M | ||
| Q4 25 | $2.2M | $22.8M | ||
| Q3 25 | $-2.3M | $23.8M | ||
| Q2 25 | $-335.0K | $22.6M | ||
| Q1 25 | $-392.0K | $19.5M | ||
| Q4 24 | — | $19.6M | ||
| Q3 24 | $142.0K | $19.6M | ||
| Q2 24 | $-27.8M | $18.8M |
营业利润率HHSMBWM
| Q1 26 | — | — | ||
| Q4 25 | -0.3% | 42.0% | ||
| Q3 25 | 1.3% | 44.0% | ||
| Q2 25 | 0.1% | 42.6% | ||
| Q1 25 | -0.1% | 42.0% | ||
| Q4 24 | -3.3% | 39.7% | ||
| Q3 24 | 4.0% | 42.4% | ||
| Q2 24 | 3.0% | 41.4% |
净利率HHSMBWM
| Q1 26 | — | 33.6% | ||
| Q4 25 | 5.5% | 36.8% | ||
| Q3 25 | -5.8% | 38.1% | ||
| Q2 25 | -0.9% | 37.1% | ||
| Q1 25 | -0.9% | 34.1% | ||
| Q4 24 | — | 33.5% | ||
| Q3 24 | 0.3% | 33.8% | ||
| Q2 24 | -61.8% | 33.1% |
每股收益（稀释后）HHSMBWM
| Q1 26 | — | $1.32 | ||
| Q4 25 | $0.30 | $1.41 | ||
| Q3 25 | $-0.31 | $1.46 | ||
| Q2 25 | $-0.05 | $1.39 | ||
| Q1 25 | $-0.05 | $1.21 | ||
| Q4 24 | $-0.31 | $1.20 | ||
| Q3 24 | $0.02 | $1.22 | ||
| Q2 24 | $-3.84 | $1.17 |
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 | $5.6M | — |
| 总债务越低越好 | — | $1.5M |
| 股东权益账面价值 | $20.5M | $736.9M |
| 总资产 | $91.8M | $6.9B |
| 负债/权益比越低杠杆越低 | — | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资HHSMBWM
| Q1 26 | — | — | ||
| Q4 25 | $5.6M | — | ||
| Q3 25 | $6.5M | — | ||
| Q2 25 | $4.8M | — | ||
| Q1 25 | $9.0M | — | ||
| Q4 24 | $9.8M | — | ||
| Q3 24 | $5.9M | — | ||
| Q2 24 | $11.0M | — |
总债务HHSMBWM
| Q1 26 | — | $1.5M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益HHSMBWM
| Q1 26 | — | $736.9M | ||
| Q4 25 | $20.5M | $724.9M | ||
| Q3 25 | $19.9M | $657.6M | ||
| Q2 25 | $22.2M | $631.5M | ||
| Q1 25 | $21.4M | $608.3M | ||
| Q4 24 | $21.7M | $584.5M | ||
| Q3 24 | $21.0M | $583.3M | ||
| Q2 24 | $20.6M | $551.2M |
总资产HHSMBWM
| Q1 26 | — | $6.9B | ||
| Q4 25 | $91.8M | $6.8B | ||
| Q3 25 | $92.7M | $6.3B | ||
| Q2 25 | $95.0M | $6.2B | ||
| Q1 25 | $100.6M | $6.1B | ||
| Q4 24 | $101.8M | $6.1B | ||
| Q3 24 | $108.1M | $5.9B | ||
| Q2 24 | $109.7M | $5.6B |
负债/权益比HHSMBWM
| Q1 26 | — | 0.00× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 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 | $737.0K | — |
| 自由现金流经营现金流 - 资本支出 | $-686.0K | — |
| 自由现金流率自由现金流/营收 | -1.7% | — |
| 资本支出强度资本支出/营收 | 3.6% | — |
| 现金转化率经营现金流/净利润 | 0.33× | — |
| 过去12个月自由现金流最近4个季度 | $-4.5M | — |
8季度趋势，按日历期对齐
经营现金流HHSMBWM
| Q1 26 | — | — | ||
| Q4 25 | $737.0K | $18.0M | ||
| Q3 25 | $3.2M | $23.1M | ||
| Q2 25 | $-4.8M | $-7.8M | ||
| Q1 25 | $-818.0K | $-3.0M | ||
| Q4 24 | $4.0M | $101.1M | ||
| Q3 24 | $-2.9M | $-8.1M | ||
| Q2 24 | $1.6M | $9.1M |
自由现金流HHSMBWM
| Q1 26 | — | — | ||
| Q4 25 | $-686.0K | — | ||
| Q3 25 | $2.2M | — | ||
| Q2 25 | $-5.1M | — | ||
| Q1 25 | $-923.0K | — | ||
| Q4 24 | $3.4M | — | ||
| Q3 24 | $-4.9M | — | ||
| Q2 24 | $926.0K | — |
自由现金流率HHSMBWM
| Q1 26 | — | — | ||
| Q4 25 | -1.7% | — | ||
| Q3 25 | 5.5% | — | ||
| Q2 25 | -13.1% | — | ||
| Q1 25 | -2.2% | — | ||
| Q4 24 | 7.3% | — | ||
| Q3 24 | -10.2% | — | ||
| Q2 24 | 2.1% | — |
资本支出强度HHSMBWM
| Q1 26 | — | — | ||
| Q4 25 | 3.6% | — | ||
| Q3 25 | 2.5% | — | ||
| Q2 25 | 0.6% | — | ||
| Q1 25 | 0.3% | — | ||
| Q4 24 | 1.3% | — | ||
| Q3 24 | 4.0% | — | ||
| Q2 24 | 1.5% | — |
现金转化率HHSMBWM
| Q1 26 | — | — | ||
| Q4 25 | 0.33× | 0.79× | ||
| Q3 25 | — | 0.97× | ||
| Q2 25 | — | -0.35× | ||
| Q1 25 | — | -0.15× | ||
| Q4 24 | — | 5.15× | ||
| Q3 24 | -20.76× | -0.41× | ||
| Q2 24 | — | 0.49× |
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
HHS
| Fulfillment And Logistics Services | $17.3M | 43% |
| Customer Care | $13.7M | 34% |
| Other | $8.9M | 22% |
MBWM
| Net Interest Income | $55.9M | 83% |
| Noninterest Income | $11.7M | 17% |
