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Side-by-side financial comparison of EQUITY BANCSHARES INC (EQBK) and i3 Verticals, Inc. (IIIV). Click either name above to swap in a different company.

EQUITY BANCSHARES INC is the larger business by last-quarter revenue ($63.5M vs $52.7M, roughly 1.2× i3 Verticals, Inc.). EQUITY BANCSHARES INC runs the higher net margin — 34.8% vs 0.9%, a 33.9% gap on every dollar of revenue. On growth, EQUITY BANCSHARES INC posted the faster year-over-year revenue change (28.4% vs -14.6%). EQUITY BANCSHARES INC produced more free cash flow last quarter ($38.1M vs $13.8M). Over the past eight quarters, EQUITY BANCSHARES INC's revenue compounded faster (6.6% CAGR vs -4.7%).

Prosperity Bancshares, Inc. is a bank holding company headquartered in Houston, Texas with operations in Texas and central Oklahoma. As of December 31, 2019, the company operated 285 branches: 65 in the Houston area, including The Woodlands, Texas; 30 in South Texas, including Corpus Christi, Texas and Victoria, Texas; 75 in the Dallas–Fort Worth metroplex; 22 in East Texas; 29 in Central Texas, including Austin, Texas and San Antonio; 34 in West Texas, including Lubbock, Texas, Midland–Odess...

The Prusa i3 is a family of fused filament fabrication 3D printers, manufactured by Czech company Prusa Research under the trademarked name Original Prusa i3. Part of the RepRap project, Prusa i3 printers were called the most used 3D printer in the world in 2016. The first Prusa i3 was designed by Josef Průša in 2012, and was released as a commercial kit product in 2015. The latest model is available in both kit and factory assembled versions. The Prusa i3's comparable low cost and ease of co...

EQBK vs IIIV — Head-to-Head

Bigger by revenue
EQBK
EQBK
1.2× larger
EQBK
$63.5M
$52.7M
IIIV
Growing faster (revenue YoY)
EQBK
EQBK
+43.0% gap
EQBK
28.4%
-14.6%
IIIV
Higher net margin
EQBK
EQBK
33.9% more per $
EQBK
34.8%
0.9%
IIIV
More free cash flow
EQBK
EQBK
$24.3M more FCF
EQBK
$38.1M
$13.8M
IIIV
Faster 2-yr revenue CAGR
EQBK
EQBK
Annualised
EQBK
6.6%
-4.7%
IIIV

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
EQBK
EQBK
IIIV
IIIV
Revenue
$63.5M
$52.7M
Net Profit
$22.1M
$484.0K
Gross Margin
Operating Margin
41.7%
3.1%
Net Margin
34.8%
0.9%
Revenue YoY
28.4%
-14.6%
Net Profit YoY
30.0%
-76.5%
EPS (diluted)
$1.07
$0.02

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
EQBK
EQBK
IIIV
IIIV
Q4 25
$63.5M
$52.7M
Q3 25
$18.0M
$46.0M
Q2 25
$58.4M
$51.9M
Q1 25
$60.6M
$63.1M
Q4 24
$58.3M
$52.2M
Q3 24
$55.3M
$32.0M
Q2 24
$55.4M
$46.2M
Q1 24
$55.9M
$58.0M
Net Profit
EQBK
EQBK
IIIV
IIIV
Q4 25
$22.1M
$484.0K
Q3 25
$-29.7M
$3.1M
Q2 25
$15.3M
$12.9M
Q1 25
$15.0M
$-154.0K
Q4 24
$17.0M
$2.1M
Q3 24
$19.9M
$117.9M
Q2 24
$11.7M
$-7.5M
Q1 24
$14.1M
$1.9M
Operating Margin
EQBK
EQBK
IIIV
IIIV
Q4 25
41.7%
3.1%
Q3 25
-207.2%
3.2%
Q2 25
31.5%
-9.3%
Q1 25
31.1%
8.0%
Q4 24
35.0%
3.9%
Q3 24
43.1%
10.6%
Q2 24
29.4%
-2.8%
Q1 24
31.8%
3.4%
Net Margin
EQBK
EQBK
IIIV
IIIV
Q4 25
34.8%
0.9%
Q3 25
-164.7%
6.7%
Q2 25
26.1%
24.8%
Q1 25
24.8%
-0.2%
Q4 24
29.1%
3.9%
Q3 24
35.9%
368.2%
Q2 24
21.1%
-16.3%
Q1 24
25.2%
3.2%
EPS (diluted)
EQBK
EQBK
IIIV
IIIV
Q4 25
$1.07
$0.02
Q3 25
$-1.55
$0.14
Q2 25
$0.86
$0.50
Q1 25
$0.85
$0.00
Q4 24
$1.06
$0.08
Q3 24
$1.28
$4.93
Q2 24
$0.76
$-0.32
Q1 24
$0.90
$0.08

Balance Sheet & Financial Strength

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

Metric
EQBK
EQBK
IIIV
IIIV
Cash + ST InvestmentsLiquidity on hand
$37.5M
Total DebtLower is stronger
$443.2M
Stockholders' EquityBook value
$732.1M
$358.5M
Total Assets
$6.4B
$595.9M
Debt / EquityLower = less leverage
0.61×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EQBK
EQBK
IIIV
IIIV
Q4 25
$37.5M
Q3 25
$66.7M
Q2 25
$55.5M
Q1 25
$7.7M
Q4 24
$85.6M
Q3 24
$86.5M
Q2 24
$9.7M
Q1 24
$3.1M
Total Debt
EQBK
EQBK
IIIV
IIIV
Q4 25
$443.2M
Q3 25
$486.9M
$0
Q2 25
$448.4M
$0
Q1 25
$376.9M
$12.0M
Q4 24
$312.8M
$26.2M
Q3 24
$437.5M
$26.2M
Q2 24
$391.7M
$374.1M
Q1 24
$367.1M
$369.6M
Stockholders' Equity
EQBK
EQBK
IIIV
IIIV
Q4 25
$732.1M
$358.5M
Q3 25
$711.9M
$389.6M
Q2 25
$635.6M
$383.3M
Q1 25
$617.3M
$385.2M
Q4 24
$592.9M
$375.0M
Q3 24
$504.0M
$379.7M
Q2 24
$461.4M
$249.7M
Q1 24
$456.8M
$249.3M
Total Assets
EQBK
EQBK
IIIV
IIIV
Q4 25
$6.4B
$595.9M
Q3 25
$6.4B
$638.4M
Q2 25
$5.4B
$623.3M
Q1 25
$5.4B
$646.4M
Q4 24
$5.3B
$726.2M
Q3 24
$5.4B
$730.7M
Q2 24
$5.2B
$861.7M
Q1 24
$5.2B
$625.8M
Debt / Equity
EQBK
EQBK
IIIV
IIIV
Q4 25
0.61×
Q3 25
0.68×
0.00×
Q2 25
0.71×
0.00×
Q1 25
0.61×
0.03×
Q4 24
0.53×
0.07×
Q3 24
0.87×
0.07×
Q2 24
0.85×
1.50×
Q1 24
0.80×
1.48×

Cash Flow & Capital Efficiency

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

Metric
EQBK
EQBK
IIIV
IIIV
Operating Cash FlowLast quarter
$51.4M
$14.1M
Free Cash FlowOCF − Capex
$38.1M
$13.8M
FCF MarginFCF / Revenue
60.0%
26.2%
Capex IntensityCapex / Revenue
20.9%
0.6%
Cash ConversionOCF / Net Profit
2.33×
29.18×
TTM Free Cash FlowTrailing 4 quarters
$88.8M
$6.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EQBK
EQBK
IIIV
IIIV
Q4 25
$51.4M
$14.1M
Q3 25
$8.5M
$14.0M
Q2 25
$28.3M
$7.4M
Q1 25
$21.7M
$-27.1M
Q4 24
$73.8M
$11.5M
Q3 24
$23.5M
$15.1M
Q2 24
$16.0M
$8.1M
Q1 24
$12.6M
$10.7M
Free Cash Flow
EQBK
EQBK
IIIV
IIIV
Q4 25
$38.1M
$13.8M
Q3 25
$4.5M
$13.5M
Q2 25
$26.0M
$6.8M
Q1 25
$20.2M
$-27.6M
Q4 24
$65.4M
$11.0M
Q3 24
$19.7M
$14.6M
Q2 24
$15.2M
$7.2M
Q1 24
$10.6M
$9.9M
FCF Margin
EQBK
EQBK
IIIV
IIIV
Q4 25
60.0%
26.2%
Q3 25
24.7%
29.5%
Q2 25
44.5%
13.1%
Q1 25
33.3%
-43.8%
Q4 24
112.1%
21.1%
Q3 24
35.6%
45.6%
Q2 24
27.4%
15.6%
Q1 24
19.0%
17.1%
Capex Intensity
EQBK
EQBK
IIIV
IIIV
Q4 25
20.9%
0.6%
Q3 25
22.3%
0.9%
Q2 25
3.9%
1.0%
Q1 25
2.4%
0.8%
Q4 24
14.6%
0.9%
Q3 24
6.8%
1.7%
Q2 24
1.5%
1.9%
Q1 24
3.6%
1.4%
Cash Conversion
EQBK
EQBK
IIIV
IIIV
Q4 25
2.33×
29.18×
Q3 25
4.52×
Q2 25
1.85×
0.57×
Q1 25
1.44×
Q4 24
4.35×
5.59×
Q3 24
1.18×
0.13×
Q2 24
1.37×
Q1 24
0.90×
5.72×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EQBK
EQBK

Segment breakdown not available.

IIIV
IIIV

License And Service$35.7M68%
Proprietary Payments Revenue$14.5M27%
Other Revenue$2.5M5%

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