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MERCANTILE BANK CORP（MBWM）与STEM, INC.（STEM）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STEM, INC.的1.4倍（$67.6M vs $47.1M），MERCANTILE BANK CORP净利率更高（33.6% vs -33.9%，领先67.5%），过去两年STEM, INC.的营收复合增速更高（36.1% 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。
该公司是一家公开上市的生物制药企业，总部位于加利福尼亚州纽瓦克，专注研发纯化人类神经干细胞，旨在治疗中枢神经系统疾病与瘫痪，其所研发的神经干细胞可分化为中枢神经系统的神经元、星形胶质细胞与少突胶质细胞这三大主要细胞类型。
MBWM vs STEM — 直观对比
营收规模更大
MBWM
是对方的1.4倍
$47.1M
净利率更高
MBWM
高出67.5%
-33.9%
两年增速更快
STEM
近两年复合增速
9.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $67.6M | $47.1M |
| 净利润 | $22.7M | $-16.0M |
| 毛利率 | — | 48.9% |
| 营业利润率 | — | -17.7% |
| 净利率 | 33.6% | -33.9% |
| 营收同比 | — | -15.6% |
| 净利润同比 | 16.1% | 68.8% |
| 每股收益（稀释后） | $1.32 | $-4.40 |
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MBWMSTEM
| Q1 26 | $67.6M | — | ||
| Q4 25 | $62.1M | $47.1M | ||
| Q3 25 | $62.4M | $38.2M | ||
| Q2 25 | $60.9M | $38.4M | ||
| Q1 25 | $57.3M | $32.5M | ||
| Q4 24 | $58.5M | $55.8M | ||
| Q3 24 | $58.0M | $29.3M | ||
| Q2 24 | $56.8M | $34.0M |
净利润MBWMSTEM
| Q1 26 | $22.7M | — | ||
| Q4 25 | $22.8M | $-16.0M | ||
| Q3 25 | $23.8M | $-23.8M | ||
| Q2 25 | $22.6M | $202.5M | ||
| Q1 25 | $19.5M | $-25.0M | ||
| Q4 24 | $19.6M | $-51.1M | ||
| Q3 24 | $19.6M | $-148.3M | ||
| Q2 24 | $18.8M | $-582.3M |
毛利率MBWMSTEM
| Q1 26 | — | — | ||
| Q4 25 | — | 48.9% | ||
| Q3 25 | — | 35.5% | ||
| Q2 25 | — | 33.4% | ||
| Q1 25 | — | 32.4% | ||
| Q4 24 | — | -4.4% | ||
| Q3 24 | — | 21.2% | ||
| Q2 24 | — | 27.6% |
营业利润率MBWMSTEM
| Q1 26 | — | — | ||
| Q4 25 | 42.0% | -17.7% | ||
| Q3 25 | 44.0% | -33.6% | ||
| Q2 25 | 42.6% | -34.8% | ||
| Q1 25 | 42.0% | -65.0% | ||
| Q4 24 | 39.7% | -84.4% | ||
| Q3 24 | 42.4% | -493.2% | ||
| Q2 24 | 41.4% | -1705.5% |
净利率MBWMSTEM
| Q1 26 | 33.6% | — | ||
| Q4 25 | 36.8% | -33.9% | ||
| Q3 25 | 38.1% | -62.2% | ||
| Q2 25 | 37.1% | 527.8% | ||
| Q1 25 | 34.1% | -76.9% | ||
| Q4 24 | 33.5% | -91.6% | ||
| Q3 24 | 33.8% | -506.3% | ||
| Q2 24 | 33.1% | -1712.6% |
每股收益（稀释后）MBWMSTEM
| Q1 26 | $1.32 | — | ||
| Q4 25 | $1.41 | $-4.40 | ||
| Q3 25 | $1.46 | $-2.84 | ||
| Q2 25 | $1.39 | $-1.79 | ||
| Q1 25 | $1.21 | $-0.15 | ||
| Q4 24 | $1.20 | $-15.29 | ||
| Q3 24 | $1.22 | $-18.24 | ||
| Q2 24 | $1.17 | $-71.81 |
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 | — | $48.9M |
| 总债务越低越好 | $1.5M | — |
| 股东权益账面价值 | $736.9M | $-249.4M |
| 总资产 | $6.9B | $308.9M |
| 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MBWMSTEM
| Q1 26 | — | — | ||
| Q4 25 | — | $48.9M | ||
| Q3 25 | — | $43.1M | ||
| Q2 25 | — | $40.8M | ||
| Q1 25 | — | $58.6M | ||
| Q4 24 | — | $56.3M | ||
| Q3 24 | — | $75.4M | ||
| Q2 24 | — | $89.6M |
总债务MBWMSTEM
| Q1 26 | $1.5M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益MBWMSTEM
| Q1 26 | $736.9M | — | ||
| Q4 25 | $724.9M | $-249.4M | ||
| Q3 25 | $657.6M | $-235.7M | ||
| Q2 25 | $631.5M | $-214.1M | ||
| Q1 25 | $608.3M | $-417.5M | ||
| Q4 24 | $584.5M | $-398.4M | ||
| Q3 24 | $583.3M | $-344.1M | ||
| Q2 24 | $551.2M | $-203.2M |
总资产MBWMSTEM
| Q1 26 | $6.9B | — | ||
| Q4 25 | $6.8B | $308.9M | ||
| Q3 25 | $6.3B | $362.6M | ||
| Q2 25 | $6.2B | $379.2M | ||
| Q1 25 | $6.1B | $405.1M | ||
| Q4 24 | $6.1B | $437.4M | ||
| Q3 24 | $5.9B | $537.8M | ||
| Q2 24 | $5.6B | $691.5M |
负债/权益比MBWMSTEM
| 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 | — | $8.2M |
| 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MBWMSTEM
| Q1 26 | — | — | ||
| Q4 25 | $18.0M | $8.2M | ||
| Q3 25 | $23.1M | $11.4M | ||
| Q2 25 | $-7.8M | $-21.3M | ||
| Q1 25 | $-3.0M | $8.5M | ||
| Q4 24 | $101.1M | $-14.7M | ||
| Q3 24 | $-8.1M | $-9.4M | ||
| Q2 24 | $9.1M | $-11.9M |
现金转化率MBWMSTEM
| Q1 26 | — | — | ||
| Q4 25 | 0.79× | — | ||
| Q3 25 | 0.97× | — | ||
| Q2 25 | -0.35× | -0.11× | ||
| Q1 25 | -0.15× | — | ||
| Q4 24 | 5.15× | — | ||
| 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% |
STEM
暂无分部数据
