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MERCANTILE BANK CORP（MBWM）与SunPower Inc.（SPWR）财务数据对比。点击上方公司名可切换其他公司
SunPower Inc.的季度营收约是MERCANTILE BANK CORP的1.2倍（$79.7M vs $67.6M），MERCANTILE BANK CORP净利率更高（33.6% vs -17.8%，领先51.3%），过去两年SunPower Inc.的营收复合增速更高（118.7% vs 9.1%）
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。
SunPower是一家美国光伏太阳能发电系统与储能电池产品供应商，主要服务住宅客户。公司由斯坦福大学电气工程教授理查德·斯旺森于1985年创立，总部位于加利福尼亚州圣何塞。赛普拉斯半导体2002年收购该公司多数股权后推动其快速发展，SunPower最终于2005年完成上市，目前是全球光伏领域知名企业。
MBWM vs SPWR — 直观对比
营收规模更大
SPWR
是对方的1.2倍
$67.6M
净利率更高
MBWM
高出51.3%
-17.8%
两年增速更快
SPWR
近两年复合增速
9.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $67.6M | $79.7M |
| 净利润 | $22.7M | $-14.2M |
| 毛利率 | — | 35.5% |
| 营业利润率 | — | -27.4% |
| 净利率 | 33.6% | -17.8% |
| 营收同比 | — | -10.1% |
| 净利润同比 | 16.1% | -130.1% |
| 每股收益（稀释后） | $1.32 | $-0.05 |
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MBWMSPWR
| Q1 26 | $67.6M | — | ||
| Q4 25 | $62.1M | $79.7M | ||
| Q3 25 | $62.4M | $22.0M | ||
| Q2 25 | $60.9M | $67.5M | ||
| Q1 25 | $57.3M | $82.7M | ||
| Q4 24 | $58.5M | $88.7M | ||
| Q3 24 | $58.0M | — | ||
| Q2 24 | $56.8M | — |
净利润MBWMSPWR
| Q1 26 | $22.7M | — | ||
| Q4 25 | $22.8M | $-14.2M | ||
| Q3 25 | $23.8M | $-16.9M | ||
| Q2 25 | $22.6M | $-22.4M | ||
| Q1 25 | $19.5M | $8.1M | ||
| Q4 24 | $19.6M | $47.0M | ||
| Q3 24 | $19.6M | — | ||
| Q2 24 | $18.8M | — |
毛利率MBWMSPWR
| Q1 26 | — | — | ||
| Q4 25 | — | 35.5% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 42.6% | ||
| Q1 25 | — | 48.5% | ||
| Q4 24 | — | 46.5% | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
营业利润率MBWMSPWR
| Q1 26 | — | — | ||
| Q4 25 | 42.0% | -27.4% | ||
| Q3 25 | 44.0% | -15.7% | ||
| Q2 25 | 42.6% | -4.0% | ||
| Q1 25 | 42.0% | 1.3% | ||
| Q4 24 | 39.7% | -24.2% | ||
| Q3 24 | 42.4% | — | ||
| Q2 24 | 41.4% | — |
净利率MBWMSPWR
| Q1 26 | 33.6% | — | ||
| Q4 25 | 36.8% | -17.8% | ||
| Q3 25 | 38.1% | -76.9% | ||
| Q2 25 | 37.1% | -33.2% | ||
| Q1 25 | 34.1% | 9.8% | ||
| Q4 24 | 33.5% | 53.0% | ||
| Q3 24 | 33.8% | — | ||
| Q2 24 | 33.1% | — |
每股收益（稀释后）MBWMSPWR
| Q1 26 | $1.32 | — | ||
| Q4 25 | $1.41 | $-0.05 | ||
| Q3 25 | $1.46 | $-0.19 | ||
| Q2 25 | $1.39 | $-0.28 | ||
| Q1 25 | $1.21 | $0.00 | ||
| Q4 24 | $1.20 | $0.27 | ||
| Q3 24 | $1.22 | — | ||
| Q2 24 | $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 | — | $9.6M |
| 总债务越低越好 | $1.5M | $164.8M |
| 股东权益账面价值 | $736.9M | $-90.1M |
| 总资产 | $6.9B | $241.2M |
| 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MBWMSPWR
| Q1 26 | — | — | ||
| Q4 25 | — | $9.6M | ||
| Q3 25 | — | $5.1M | ||
| Q2 25 | — | $11.1M | ||
| Q1 25 | — | $10.6M | ||
| Q4 24 | — | $13.4M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
总债务MBWMSPWR
| Q1 26 | $1.5M | — | ||
| Q4 25 | — | $164.8M | ||
| Q3 25 | — | $204.3M | ||
| Q2 25 | — | $152.9M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $147.3M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益MBWMSPWR
| Q1 26 | $736.9M | — | ||
| Q4 25 | $724.9M | $-90.1M | ||
| Q3 25 | $657.6M | $-112.3M | ||
| Q2 25 | $631.5M | $-107.2M | ||
| Q1 25 | $608.3M | $-89.0M | ||
| Q4 24 | $584.5M | $-97.5M | ||
| Q3 24 | $583.3M | — | ||
| Q2 24 | $551.2M | — |
总资产MBWMSPWR
| Q1 26 | $6.9B | — | ||
| Q4 25 | $6.8B | $241.2M | ||
| Q3 25 | $6.3B | $208.3M | ||
| Q2 25 | $6.2B | $163.1M | ||
| Q1 25 | $6.1B | $147.8M | ||
| Q4 24 | $6.1B | $144.5M | ||
| Q3 24 | $5.9B | — | ||
| Q2 24 | $5.6B | — |
负债/权益比MBWMSPWR
| 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 | — | $-1.9M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 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 | — | — |
8季度趋势，按日历期对齐
经营现金流MBWMSPWR
| Q1 26 | — | — | ||
| Q4 25 | $18.0M | $-1.9M | ||
| Q3 25 | $23.1M | $-6.4M | ||
| Q2 25 | $-7.8M | $-4.4M | ||
| Q1 25 | $-3.0M | $-2.6M | ||
| Q4 24 | $101.1M | $-25.6M | ||
| Q3 24 | $-8.1M | — | ||
| Q2 24 | $9.1M | — |
现金转化率MBWMSPWR
| Q1 26 | — | — | ||
| Q4 25 | 0.79× | — | ||
| Q3 25 | 0.97× | — | ||
| Q2 25 | -0.35× | — | ||
| Q1 25 | -0.15× | -0.32× | ||
| Q4 24 | 5.15× | -0.54× | ||
| Q3 24 | -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% |
SPWR
| Residential Solar Installation | $46.9M | 59% |
| New Homes Business | $22.7M | 29% |
| Other | $10.1M | 13% |
