vs
合众银行（OSBC）与STEM, INC.（STEM）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STEM, INC.的2.0倍（$93.8M vs $47.1M），合众银行净利率更高（27.3% vs -33.9%，领先61.2%），过去两年STEM, INC.的营收复合增速更高（36.1% vs 15.1%）
合众银行是一家总部位于美国明尼阿波利斯、在特拉华州注册的美国跨国银行机构。截至2025年，它是美国第五大银行，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金融机构，主营银行、投资、抵押等金融服务。
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。
OSBC vs STEM — 直观对比
营收规模更大
OSBC
是对方的2.0倍
$47.1M
净利率更高
OSBC
高出61.2%
-33.9%
两年增速更快
STEM
近两年复合增速
15.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $93.8M | $47.1M |
| 净利润 | $25.6M | $-16.0M |
| 毛利率 | — | 48.9% |
| 营业利润率 | — | -17.7% |
| 净利率 | 27.3% | -33.9% |
| 营收同比 | — | -15.6% |
| 净利润同比 | 159.2% | 68.8% |
| 每股收益（稀释后） | $0.48 | $-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OSBCSTEM
| Q1 26 | $93.8M | — | ||
| Q4 25 | $95.2M | $47.1M | ||
| Q3 25 | $95.9M | $38.2M | ||
| Q2 25 | $75.1M | $38.4M | ||
| Q1 25 | $73.1M | $32.5M | ||
| Q4 24 | $73.2M | $55.8M | ||
| Q3 24 | $71.2M | $29.3M | ||
| Q2 24 | $70.8M | $34.0M |
净利润OSBCSTEM
| Q1 26 | $25.6M | — | ||
| Q4 25 | — | $-16.0M | ||
| Q3 25 | $9.9M | $-23.8M | ||
| Q2 25 | $21.8M | $202.5M | ||
| Q1 25 | $19.8M | $-25.0M | ||
| Q4 24 | — | $-51.1M | ||
| Q3 24 | $23.0M | $-148.3M | ||
| Q2 24 | $21.9M | $-582.3M |
毛利率OSBCSTEM
| 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OSBCSTEM
| Q1 26 | — | — | ||
| Q4 25 | 41.2% | -17.7% | ||
| Q3 25 | 13.6% | -33.6% | ||
| Q2 25 | 38.9% | -34.8% | ||
| Q1 25 | 35.8% | -65.0% | ||
| Q4 24 | 34.7% | -84.4% | ||
| Q3 24 | 41.9% | -493.2% | ||
| Q2 24 | 41.2% | -1705.5% |
净利率OSBCSTEM
| Q1 26 | 27.3% | — | ||
| Q4 25 | — | -33.9% | ||
| Q3 25 | 10.3% | -62.2% | ||
| Q2 25 | 29.0% | 527.8% | ||
| Q1 25 | 27.1% | -76.9% | ||
| Q4 24 | — | -91.6% | ||
| Q3 24 | 32.3% | -506.3% | ||
| Q2 24 | 30.9% | -1712.6% |
每股收益（稀释后）OSBCSTEM
| Q1 26 | $0.48 | — | ||
| Q4 25 | $0.53 | $-4.40 | ||
| Q3 25 | $0.18 | $-2.84 | ||
| Q2 25 | $0.48 | $-1.79 | ||
| Q1 25 | $0.43 | $-0.15 | ||
| Q4 24 | $0.42 | $-15.29 | ||
| Q3 24 | $0.50 | $-18.24 | ||
| Q2 24 | $0.48 | $-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 | $115.7M | $48.9M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $893.3M | $-249.4M |
| 总资产 | $6.8B | $308.9M |
| 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OSBCSTEM
| Q1 26 | $115.7M | — | ||
| Q4 25 | $124.0M | $48.9M | ||
| Q3 25 | $116.5M | $43.1M | ||
| Q2 25 | $141.8M | $40.8M | ||
| Q1 25 | $256.1M | $58.6M | ||
| Q4 24 | $99.3M | $56.3M | ||
| Q3 24 | $115.8M | $75.4M | ||
| Q2 24 | $120.9M | $89.6M |
股东权益OSBCSTEM
| Q1 26 | $893.3M | — | ||
| Q4 25 | $896.8M | $-249.4M | ||
| Q3 25 | $866.7M | $-235.7M | ||
| Q2 25 | $718.6M | $-214.1M | ||
| Q1 25 | $694.5M | $-417.5M | ||
| Q4 24 | $671.0M | $-398.4M | ||
| Q3 24 | $661.4M | $-344.1M | ||
| Q2 24 | $619.3M | $-203.2M |
总资产OSBCSTEM
| Q1 26 | $6.8B | — | ||
| Q4 25 | $6.9B | $308.9M | ||
| Q3 25 | $7.0B | $362.6M | ||
| Q2 25 | $5.7B | $379.2M | ||
| Q1 25 | $5.7B | $405.1M | ||
| Q4 24 | $5.6B | $437.4M | ||
| Q3 24 | $5.7B | $537.8M | ||
| Q2 24 | $5.7B | $691.5M |
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OSBCSTEM
| Q1 26 | — | — | ||
| Q4 25 | $122.3M | $8.2M | ||
| Q3 25 | $35.9M | $11.4M | ||
| Q2 25 | $24.2M | $-21.3M | ||
| Q1 25 | $17.8M | $8.5M | ||
| Q4 24 | $131.5M | $-14.7M | ||
| Q3 24 | $48.5M | $-9.4M | ||
| Q2 24 | $11.6M | $-11.9M |
自由现金流OSBCSTEM
| Q1 26 | — | — | ||
| Q4 25 | $117.8M | — | ||
| Q3 25 | $34.7M | — | ||
| Q2 25 | $23.5M | — | ||
| Q1 25 | $16.2M | — | ||
| Q4 24 | $120.7M | — | ||
| Q3 24 | $46.2M | — | ||
| Q2 24 | $8.7M | — |
自由现金流率OSBCSTEM
| Q1 26 | — | — | ||
| Q4 25 | 123.7% | — | ||
| Q3 25 | 36.2% | — | ||
| Q2 25 | 31.2% | — | ||
| Q1 25 | 22.2% | — | ||
| Q4 24 | 165.0% | — | ||
| Q3 24 | 64.9% | — | ||
| Q2 24 | 12.3% | — |
资本支出强度OSBCSTEM
| Q1 26 | — | — | ||
| Q4 25 | 4.7% | — | ||
| Q3 25 | 1.3% | — | ||
| Q2 25 | 1.1% | — | ||
| Q1 25 | 2.2% | — | ||
| Q4 24 | 14.7% | — | ||
| Q3 24 | 3.3% | — | ||
| Q2 24 | 4.2% | — |
现金转化率OSBCSTEM
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 3.64× | — | ||
| Q2 25 | 1.11× | -0.11× | ||
| Q1 25 | 0.90× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.11× | — | ||
| Q2 24 | 0.53× | — |
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
OSBC
| Net Interest Income | $81.1M | 87% |
| Noninterest Income | $12.6M | 13% |
STEM
暂无分部数据
