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Side-by-side financial comparison of Donnelley Financial Solutions, Inc. (DFIN) and FIRST INTERSTATE BANCSYSTEM INC (FIBK). Click either name above to swap in a different company.
FIRST INTERSTATE BANCSYSTEM INC is the larger business by last-quarter revenue ($313.0M vs $172.5M, roughly 1.8× Donnelley Financial Solutions, Inc.). FIRST INTERSTATE BANCSYSTEM INC runs the higher net margin — 34.8% vs 3.6%, a 31.2% gap on every dollar of revenue. On growth, FIRST INTERSTATE BANCSYSTEM INC posted the faster year-over-year revenue change (19.8% vs 10.4%). Over the past eight quarters, FIRST INTERSTATE BANCSYSTEM INC's revenue compounded faster (13.7% CAGR vs -7.9%).
Donnelley Financial Solutions (DFIN) is a financial compliance company based in Chicago, Illinois, United States. The company provides software as a service (SaaS) products, software-enabled services (SeS), print, and compliance services related to US Securities and Exchange Commission regulations to companies in capital and investment markets.
First Interstate BancSystem, Inc. is a financial holding company headquartered in Billings, Montana. It is the parent company of First Interstate Bank, a community bank with locations throughout 14 states within the Western and Midwestern United States. It is the largest bank based in Montana, as measured by total assets.
DFIN vs FIBK — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $172.5M | $313.0M |
| Net Profit | $6.2M | $108.8M |
| Gross Margin | — | — |
| Operating Margin | 8.3% | 44.5% |
| Net Margin | 3.6% | 34.8% |
| Revenue YoY | 10.4% | 19.8% |
| Net Profit YoY | -1.6% | 108.8% |
| EPS (diluted) | $0.31 | $1.07 |
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.
| Q4 25 | $172.5M | $313.0M | ||
| Q3 25 | $175.3M | $250.5M | ||
| Q2 25 | $218.1M | $248.3M | ||
| Q1 25 | $201.1M | $247.0M | ||
| Q4 24 | $156.3M | $261.3M | ||
| Q3 24 | $179.5M | $251.9M | ||
| Q2 24 | $242.7M | $244.3M | ||
| Q1 24 | $203.4M | $242.2M |
| Q4 25 | $6.2M | $108.8M | ||
| Q3 25 | $-40.9M | $71.4M | ||
| Q2 25 | $36.1M | $71.7M | ||
| Q1 25 | $31.0M | $50.2M | ||
| Q4 24 | $6.3M | $52.1M | ||
| Q3 24 | $8.7M | $55.5M | ||
| Q2 24 | $44.1M | $60.0M | ||
| Q1 24 | $33.3M | $58.4M |
| Q4 25 | 8.3% | 44.5% | ||
| Q3 25 | 16.1% | 37.0% | ||
| Q2 25 | 24.2% | 37.7% | ||
| Q1 25 | 22.8% | 26.9% | ||
| Q4 24 | 6.0% | 25.5% | ||
| Q3 24 | 10.1% | 28.9% | ||
| Q2 24 | 26.6% | 32.1% | ||
| Q1 24 | 21.9% | 31.7% |
| Q4 25 | 3.6% | 34.8% | ||
| Q3 25 | -23.3% | 28.5% | ||
| Q2 25 | 16.6% | 28.9% | ||
| Q1 25 | 15.4% | 20.3% | ||
| Q4 24 | 4.0% | 19.9% | ||
| Q3 24 | 4.8% | 22.0% | ||
| Q2 24 | 18.2% | 24.6% | ||
| Q1 24 | 16.4% | 24.1% |
| Q4 25 | $0.31 | $1.07 | ||
| Q3 25 | $-1.49 | $0.69 | ||
| Q2 25 | $1.28 | $0.69 | ||
| Q1 25 | $1.05 | $0.49 | ||
| Q4 24 | $0.21 | $0.50 | ||
| Q3 24 | $0.29 | $0.54 | ||
| Q2 24 | $1.47 | $0.58 | ||
| Q1 24 | $1.09 | $0.57 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $24.5M | — |
| Total DebtLower is stronger | $171.3M | $146.3M |
| Stockholders' EquityBook value | $379.2M | $3.4B |
| Total Assets | $800.4M | $26.6B |
| Debt / EquityLower = less leverage | 0.45× | 0.04× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $24.5M | — | ||
| Q3 25 | $22.7M | — | ||
| Q2 25 | $33.8M | — | ||
| Q1 25 | $16.2M | — | ||
| Q4 24 | $57.3M | — | ||
| Q3 24 | $33.6M | — | ||
| Q2 24 | $35.0M | — | ||
| Q1 24 | $43.7M | — |
| Q4 25 | $171.3M | $146.3M | ||
| Q3 25 | $154.7M | $146.2M | ||
| Q2 25 | $190.1M | $252.0M | ||
| Q1 25 | $189.5M | — | ||
| Q4 24 | $124.7M | $132.2M | ||
| Q3 24 | — | $137.3M | ||
| Q2 24 | — | $383.4M | ||
| Q1 24 | — | $370.8M |
| Q4 25 | $379.2M | $3.4B | ||
| Q3 25 | $423.1M | $3.4B | ||
| Q2 25 | $432.1M | $3.4B | ||
| Q1 25 | $419.9M | $3.4B | ||
| Q4 24 | $436.1M | $3.3B | ||
| Q3 24 | $444.5M | $3.4B | ||
| Q2 24 | $441.5M | $3.2B | ||
| Q1 24 | $408.9M | $3.2B |
| Q4 25 | $800.4M | $26.6B | ||
| Q3 25 | $816.3M | $27.3B | ||
| Q2 25 | $874.7M | $27.6B | ||
| Q1 25 | $852.8M | $28.3B | ||
| Q4 24 | $841.6M | $29.1B | ||
| Q3 24 | $843.6M | $29.6B | ||
| Q2 24 | $882.9M | $30.3B | ||
| Q1 24 | $867.8M | $30.1B |
| Q4 25 | 0.45× | 0.04× | ||
| Q3 25 | 0.37× | 0.04× | ||
| Q2 25 | 0.44× | 0.07× | ||
| Q1 25 | 0.45× | — | ||
| Q4 24 | 0.29× | 0.04× | ||
| Q3 24 | — | 0.04× | ||
| Q2 24 | — | 0.12× | ||
| Q1 24 | — | 0.12× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $59.8M | $305.6M |
| Free Cash FlowOCF − Capex | $47.9M | — |
| FCF MarginFCF / Revenue | 27.8% | — |
| Capex IntensityCapex / Revenue | 6.9% | — |
| Cash ConversionOCF / Net Profit | 9.65× | 2.81× |
| TTM Free Cash FlowTrailing 4 quarters | $107.8M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $59.8M | $305.6M | ||
| Q3 25 | $74.4M | $91.7M | ||
| Q2 25 | $68.4M | $68.1M | ||
| Q1 25 | $-37.7M | $78.5M | ||
| Q4 24 | $56.4M | $355.0M | ||
| Q3 24 | $86.4M | $89.9M | ||
| Q2 24 | $56.2M | $82.3M | ||
| Q1 24 | $-27.9M | $87.6M |
| Q4 25 | $47.9M | — | ||
| Q3 25 | $59.2M | — | ||
| Q2 25 | $51.7M | — | ||
| Q1 25 | $-51.0M | — | ||
| Q4 24 | $41.3M | — | ||
| Q3 24 | $67.3M | — | ||
| Q2 24 | $36.8M | — | ||
| Q1 24 | $-40.2M | — |
| Q4 25 | 27.8% | — | ||
| Q3 25 | 33.8% | — | ||
| Q2 25 | 23.7% | — | ||
| Q1 25 | -25.4% | — | ||
| Q4 24 | 26.4% | — | ||
| Q3 24 | 37.5% | — | ||
| Q2 24 | 15.2% | — | ||
| Q1 24 | -19.8% | — |
| Q4 25 | 6.9% | — | ||
| Q3 25 | 8.7% | — | ||
| Q2 25 | 7.7% | — | ||
| Q1 25 | 6.6% | — | ||
| Q4 24 | 9.7% | — | ||
| Q3 24 | 10.6% | — | ||
| Q2 24 | 8.0% | — | ||
| Q1 24 | 6.0% | — |
| Q4 25 | 9.65× | 2.81× | ||
| Q3 25 | — | 1.28× | ||
| Q2 25 | 1.89× | 0.95× | ||
| Q1 25 | -1.22× | 1.56× | ||
| Q4 24 | 8.95× | 6.81× | ||
| Q3 24 | 9.93× | 1.62× | ||
| Q2 24 | 1.27× | 1.37× | ||
| Q1 24 | -0.84× | 1.50× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DFIN
| Technology Service | $68.0M | 39% |
| Capital Markets Compliance And Communications Management | $61.6M | 36% |
| Investment Companies Software Solutions | $30.9M | 18% |
| Print And Distribution Service | $13.6M | 8% |
FIBK
Segment breakdown not available.
