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Side-by-side financial comparison of Business First Bancshares, Inc. (BFST) and GDEV Inc. (GDEV). Click either name above to swap in a different company.

GDEV Inc. is the larger business by last-quarter revenue ($119.9M vs $83.1M, roughly 1.4× Business First Bancshares, Inc.). On growth, GDEV Inc. posted the faster year-over-year revenue change (13.3% vs 7.1%).

First Citizens Bancshares, Inc. is a bank holding company based in Raleigh, North Carolina and one of the largest banks in the United States. Its primary subsidiary is First Citizens Bank, which operates over 500 branches in 23 states. A second subsidiary is Silicon Valley Bank, which operates 39 offices in 15 states.

GDEV Inc. is a gaming and entertainment holding company. It is a publicly traded company listed on the Nasdaq stock exchange, headquartered in Limassol, Cyprus. The holding was evolved in June 2023 from a video game company Nexters, founded in 2014, one of the top five independent mobile game companies in Europe. Subsidiaries of GDEV include Nexters Studio, which operates offices in Cyprus, Armenia, and Kazakhstan, as well as Cubic Games, Royal Ark, Game Gears and Light Hour Games. The compan...

BFST vs GDEV — Head-to-Head

Bigger by revenue
GDEV
GDEV
1.4× larger
GDEV
$119.9M
$83.1M
BFST
Growing faster (revenue YoY)
GDEV
GDEV
+6.2% gap
GDEV
13.3%
7.1%
BFST

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
BFST
BFST
GDEV
GDEV
Revenue
$83.1M
$119.9M
Net Profit
$16.6M
Gross Margin
Operating Margin
33.2%
15.5%
Net Margin
13.9%
Revenue YoY
7.1%
13.3%
Net Profit YoY
13.0%
EPS (diluted)
$0.71
$0.90

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BFST
BFST
GDEV
GDEV
Q4 25
$83.1M
Q3 25
$80.9M
Q2 25
$81.5M
$119.9M
Q1 25
$79.2M
Q4 24
$77.6M
Q3 24
$66.9M
Q2 24
$66.2M
$105.8M
Q1 24
$60.9M
Net Profit
BFST
BFST
GDEV
GDEV
Q4 25
Q3 25
$22.9M
Q2 25
$22.1M
$16.6M
Q1 25
$20.5M
Q4 24
Q3 24
$17.8M
Q2 24
$17.2M
$14.7M
Q1 24
$13.6M
Operating Margin
BFST
BFST
GDEV
GDEV
Q4 25
33.2%
Q3 25
35.7%
Q2 25
34.4%
15.5%
Q1 25
32.6%
Q4 24
27.5%
Q3 24
34.0%
Q2 24
32.9%
14.4%
Q1 24
28.2%
Net Margin
BFST
BFST
GDEV
GDEV
Q4 25
Q3 25
28.2%
Q2 25
27.1%
13.9%
Q1 25
25.9%
Q4 24
Q3 24
26.7%
Q2 24
26.0%
13.9%
Q1 24
22.3%
EPS (diluted)
BFST
BFST
GDEV
GDEV
Q4 25
$0.71
Q3 25
$0.73
Q2 25
$0.70
$0.90
Q1 25
$0.65
Q4 24
$0.51
Q3 24
$0.65
Q2 24
$0.62
$0.81
Q1 24
$0.48

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BFST
BFST
GDEV
GDEV
Cash + ST InvestmentsLiquidity on hand
$411.2M
$41.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$896.9M
$-129.4M
Total Assets
$8.2B
$210.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BFST
BFST
GDEV
GDEV
Q4 25
$411.2M
Q3 25
$399.1M
Q2 25
$495.8M
$41.6M
Q1 25
$312.9M
Q4 24
$319.1M
Q3 24
$213.2M
Q2 24
$208.1M
$50.8M
Q1 24
$185.9M
Stockholders' Equity
BFST
BFST
GDEV
GDEV
Q4 25
$896.9M
Q3 25
$878.4M
Q2 25
$848.4M
$-129.4M
Q1 25
$826.3M
Q4 24
$799.5M
Q3 24
$699.5M
Q2 24
$664.5M
$-118.7M
Q1 24
$649.0M
Total Assets
BFST
BFST
GDEV
GDEV
Q4 25
$8.2B
Q3 25
$8.0B
Q2 25
$7.9B
$210.2M
Q1 25
$7.8B
Q4 24
$7.9B
Q3 24
$6.9B
Q2 24
$6.7B
$282.8M
Q1 24
$6.7B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BFST
BFST
GDEV
GDEV
Operating Cash FlowLast quarter
$92.1M
Free Cash FlowOCF − Capex
$92.0M
FCF MarginFCF / Revenue
110.7%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$165.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BFST
BFST
GDEV
GDEV
Q4 25
$92.1M
Q3 25
$32.4M
Q2 25
$14.0M
Q1 25
$28.7M
Q4 24
$61.4M
Q3 24
$21.4M
Q2 24
$15.1M
Q1 24
$7.6M
Free Cash Flow
BFST
BFST
GDEV
GDEV
Q4 25
$92.0M
Q3 25
$32.1M
Q2 25
$13.8M
Q1 25
$27.7M
Q4 24
$59.8M
Q3 24
$21.0M
Q2 24
$14.0M
Q1 24
$7.2M
FCF Margin
BFST
BFST
GDEV
GDEV
Q4 25
110.7%
Q3 25
39.6%
Q2 25
16.9%
Q1 25
34.9%
Q4 24
77.1%
Q3 24
31.4%
Q2 24
21.2%
Q1 24
11.8%
Capex Intensity
BFST
BFST
GDEV
GDEV
Q4 25
0.1%
Q3 25
0.4%
Q2 25
0.3%
Q1 25
1.3%
Q4 24
2.0%
Q3 24
0.6%
Q2 24
1.6%
Q1 24
0.6%
Cash Conversion
BFST
BFST
GDEV
GDEV
Q4 25
Q3 25
1.42×
Q2 25
0.63×
Q1 25
1.40×
Q4 24
Q3 24
1.20×
Q2 24
0.88×
Q1 24
0.56×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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