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MERCANTILE BANK CORP（MBWM）与微宏控股（MVST）财务数据对比。点击上方公司名可切换其他公司
微宏控股的季度营收约是MERCANTILE BANK CORP的1.4倍（$96.4M vs $67.6M），MERCANTILE BANK CORP净利率更高（33.6% vs 17.2%，领先16.4%），过去两年MERCANTILE BANK CORP的营收复合增速更高（9.1% vs 8.9%）
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。
微宏控股是一家电池科技企业，总部位于美国得克萨斯州斯塔福德，在纳斯达克上市。公司主要面向商用电动汽车与并网储能系统，设计、研发并生产电池组件及电池系统，目前在美国、中国、德国均设有生产基地。
MBWM vs MVST — 直观对比
营收规模更大
MVST
是对方的1.4倍
$67.6M
净利率更高
MBWM
高出16.4%
17.2%
两年增速更快
MBWM
近两年复合增速
8.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $67.6M | $96.4M |
| 净利润 | $22.7M | $16.5M |
| 毛利率 | — | 1.0% |
| 营业利润率 | — | -42.7% |
| 净利率 | 33.6% | 17.2% |
| 营收同比 | — | -15.0% |
| 净利润同比 | 16.1% | 120.1% |
| 每股收益（稀释后） | $1.32 | $0.19 |
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MBWMMVST
| Q1 26 | $67.6M | — | ||
| Q4 25 | $62.1M | $96.4M | ||
| Q3 25 | $62.4M | $123.3M | ||
| Q2 25 | $60.9M | $91.3M | ||
| Q1 25 | $57.3M | $116.5M | ||
| Q4 24 | $58.5M | $113.4M | ||
| Q3 24 | $58.0M | $101.4M | ||
| Q2 24 | $56.8M | $83.7M |
净利润MBWMMVST
| Q1 26 | $22.7M | — | ||
| Q4 25 | $22.8M | $16.5M | ||
| Q3 25 | $23.8M | $-1.5M | ||
| Q2 25 | $22.6M | $-106.1M | ||
| Q1 25 | $19.5M | $61.8M | ||
| Q4 24 | $19.6M | $-82.3M | ||
| Q3 24 | $19.6M | $13.2M | ||
| Q2 24 | $18.8M | $-101.6M |
毛利率MBWMMVST
| Q1 26 | — | — | ||
| Q4 25 | — | 1.0% | ||
| Q3 25 | — | 37.6% | ||
| Q2 25 | — | 34.7% | ||
| Q1 25 | — | 36.9% | ||
| Q4 24 | — | 36.6% | ||
| Q3 24 | — | 33.2% | ||
| Q2 24 | — | 32.5% |
营业利润率MBWMMVST
| Q1 26 | — | — | ||
| Q4 25 | 42.0% | -42.7% | ||
| Q3 25 | 44.0% | 10.5% | ||
| Q2 25 | 42.6% | 17.8% | ||
| Q1 25 | 42.0% | 16.3% | ||
| Q4 24 | 39.7% | -1.2% | ||
| Q3 24 | 42.4% | 7.1% | ||
| Q2 24 | 41.4% | -118.0% |
净利率MBWMMVST
| Q1 26 | 33.6% | — | ||
| Q4 25 | 36.8% | 17.2% | ||
| Q3 25 | 38.1% | -1.2% | ||
| Q2 25 | 37.1% | -116.1% | ||
| Q1 25 | 34.1% | 53.0% | ||
| Q4 24 | 33.5% | -72.6% | ||
| Q3 24 | 33.8% | 13.1% | ||
| Q2 24 | 33.1% | -121.4% |
每股收益（稀释后）MBWMMVST
| Q1 26 | $1.32 | — | ||
| Q4 25 | $1.41 | $0.19 | ||
| Q3 25 | $1.46 | $0.00 | ||
| Q2 25 | $1.39 | $-0.33 | ||
| Q1 25 | $1.21 | $0.05 | ||
| Q4 24 | $1.20 | $-0.24 | ||
| Q3 24 | $1.22 | $0.03 | ||
| Q2 24 | $1.17 | $-0.32 |
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 | — | $105.0M |
| 总债务越低越好 | $1.5M | $13.2M |
| 股东权益账面价值 | $736.9M | $410.5M |
| 总资产 | $6.9B | $1.0B |
| 负债/权益比越低杠杆越低 | 0.00× | 0.03× |
8季度趋势，按日历期对齐
现金及短期投资MBWMMVST
| Q1 26 | — | — | ||
| Q4 25 | — | $105.0M | ||
| Q3 25 | — | $90.7M | ||
| Q2 25 | — | $99.7M | ||
| Q1 25 | — | $90.9M | ||
| Q4 24 | — | $73.0M | ||
| Q3 24 | — | $63.6M | ||
| Q2 24 | — | $68.2M |
总债务MBWMMVST
| Q1 26 | $1.5M | — | ||
| Q4 25 | — | $13.2M | ||
| Q3 25 | — | $34.4M | ||
| Q2 25 | — | $34.2M | ||
| Q1 25 | — | $41.3M | ||
| Q4 24 | — | $41.1M | ||
| Q3 24 | — | $53.4M | ||
| Q2 24 | — | $34.2M |
股东权益MBWMMVST
| Q1 26 | $736.9M | — | ||
| Q4 25 | $724.9M | $410.5M | ||
| Q3 25 | $657.6M | $358.1M | ||
| Q2 25 | $631.5M | $356.1M | ||
| Q1 25 | $608.3M | $454.2M | ||
| Q4 24 | $584.5M | $387.9M | ||
| Q3 24 | $583.3M | $486.1M | ||
| Q2 24 | $551.2M | $455.0M |
总资产MBWMMVST
| Q1 26 | $6.9B | — | ||
| Q4 25 | $6.8B | $1.0B | ||
| Q3 25 | $6.3B | $1.0B | ||
| Q2 25 | $6.2B | $1.0B | ||
| Q1 25 | $6.1B | $982.9M | ||
| Q4 24 | $6.1B | $951.9M | ||
| Q3 24 | $5.9B | $997.9M | ||
| Q2 24 | $5.6B | $961.4M |
负债/权益比MBWMMVST
| Q1 26 | 0.00× | — | ||
| Q4 25 | — | 0.03× | ||
| Q3 25 | — | 0.10× | ||
| Q2 25 | — | 0.10× | ||
| Q1 25 | — | 0.09× | ||
| Q4 24 | — | 0.11× | ||
| Q3 24 | — | 0.11× | ||
| Q2 24 | — | 0.08× |
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 | — | $16.4M |
| 自由现金流经营现金流 - 资本支出 | — | $15.8M |
| 自由现金流率自由现金流/营收 | — | 16.4% |
| 资本支出强度资本支出/营收 | — | 0.7% |
| 现金转化率经营现金流/净利润 | — | 0.99× |
| 过去12个月自由现金流最近4个季度 | — | $56.1M |
8季度趋势，按日历期对齐
经营现金流MBWMMVST
| Q1 26 | — | — | ||
| Q4 25 | $18.0M | $16.4M | ||
| Q3 25 | $23.1M | $15.2M | ||
| Q2 25 | $-7.8M | $37.2M | ||
| Q1 25 | $-3.0M | $7.2M | ||
| Q4 24 | $101.1M | $6.1M | ||
| Q3 24 | $-8.1M | $-5.4M | ||
| Q2 24 | $9.1M | $111.0K |
自由现金流MBWMMVST
| Q1 26 | — | — | ||
| Q4 25 | — | $15.8M | ||
| Q3 25 | — | $1.2M | ||
| Q2 25 | — | $34.3M | ||
| Q1 25 | — | $4.8M | ||
| Q4 24 | — | $5.7M | ||
| Q3 24 | — | $-19.6M | ||
| Q2 24 | — | $-2.8M |
自由现金流率MBWMMVST
| Q1 26 | — | — | ||
| Q4 25 | — | 16.4% | ||
| Q3 25 | — | 1.0% | ||
| Q2 25 | — | 37.5% | ||
| Q1 25 | — | 4.1% | ||
| Q4 24 | — | 5.1% | ||
| Q3 24 | — | -19.3% | ||
| Q2 24 | — | -3.4% |
资本支出强度MBWMMVST
| Q1 26 | — | — | ||
| Q4 25 | — | 0.7% | ||
| Q3 25 | — | 11.3% | ||
| Q2 25 | — | 3.1% | ||
| Q1 25 | — | 2.0% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | — | 14.0% | ||
| Q2 24 | — | 3.5% |
现金转化率MBWMMVST
| Q1 26 | — | — | ||
| Q4 25 | 0.79× | 0.99× | ||
| Q3 25 | 0.97× | — | ||
| Q2 25 | -0.35× | — | ||
| Q1 25 | -0.15× | 0.12× | ||
| Q4 24 | 5.15× | — | ||
| Q3 24 | -0.41× | -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
MBWM
| Net Interest Income | $55.9M | 83% |
| Noninterest Income | $11.7M | 17% |
MVST
| Europe | $35.1M | 36% |
| CN | $32.5M | 34% |
| US | $21.5M | 22% |
| Other | $7.2M | 8% |
