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Side-by-side financial comparison of FB Financial Corp (FBK) and SMITH & WESSON BRANDS, INC. (SWBI). Click either name above to swap in a different company.
FB Financial Corp is the larger business by last-quarter revenue ($178.6M vs $124.7M, roughly 1.4× SMITH & WESSON BRANDS, INC.). FB Financial Corp runs the higher net margin — 31.9% vs 1.5%, a 30.4% gap on every dollar of revenue. On growth, FB Financial Corp posted the faster year-over-year revenue change (37.0% vs -3.9%). FB Financial Corp produced more free cash flow last quarter ($147.0M vs $16.3M). Over the past eight quarters, FB Financial Corp's revenue compounded faster (28.9% CAGR vs -4.8%).
Fubon Financial Holding Co., Ltd. is a financial investment holding company consists of the following key subsidiaries: Fubon Asset Management, Fubon Insurance Co. Ltd., Fubon Securities, Fubon Bank, Fubon Life, Fubon Bank (China) and Fubon Bank Limited. The holding company was setup on 19 December 2001.
Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.
FBK vs SWBI — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $178.6M | $124.7M |
| Net Profit | $57.0M | $1.9M |
| Gross Margin | — | 24.3% |
| Operating Margin | 39.1% | 3.3% |
| Net Margin | 31.9% | 1.5% |
| Revenue YoY | 37.0% | -3.9% |
| Net Profit YoY | 50.4% | -53.6% |
| EPS (diluted) | $1.12 | $0.04 |
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 | $178.6M | $124.7M | ||
| Q3 25 | $173.9M | $85.1M | ||
| Q2 25 | $76.9M | $140.8M | ||
| Q1 25 | $130.7M | $115.9M | ||
| Q4 24 | $130.4M | $129.7M | ||
| Q3 24 | $89.5M | $88.3M | ||
| Q2 24 | $128.2M | $159.1M | ||
| Q1 24 | $107.5M | $137.5M |
| Q4 25 | $57.0M | $1.9M | ||
| Q3 25 | $23.4M | $-3.4M | ||
| Q2 25 | $2.9M | $8.6M | ||
| Q1 25 | $39.4M | $2.1M | ||
| Q4 24 | $37.9M | $4.5M | ||
| Q3 24 | $10.2M | $-1.9M | ||
| Q2 24 | $40.0M | $27.9M | ||
| Q1 24 | $27.9M | $7.9M |
| Q4 25 | — | 24.3% | ||
| Q3 25 | — | 25.9% | ||
| Q2 25 | — | 28.8% | ||
| Q1 25 | — | 24.1% | ||
| Q4 24 | — | 26.6% | ||
| Q3 24 | — | 27.4% | ||
| Q2 24 | — | 35.5% | ||
| Q1 24 | — | 28.7% |
| Q4 25 | 39.1% | 3.3% | ||
| Q3 25 | 17.0% | -3.5% | ||
| Q2 25 | -12.7% | 9.3% | ||
| Q1 25 | 37.4% | 4.1% | ||
| Q4 24 | 38.4% | 5.8% | ||
| Q3 24 | 12.7% | -1.7% | ||
| Q2 24 | 39.7% | 17.4% | ||
| Q1 24 | 31.9% | 8.2% |
| Q4 25 | 31.9% | 1.5% | ||
| Q3 25 | 13.4% | -4.0% | ||
| Q2 25 | 3.8% | 6.1% | ||
| Q1 25 | 30.1% | 1.8% | ||
| Q4 24 | 29.1% | 3.5% | ||
| Q3 24 | 11.4% | -2.1% | ||
| Q2 24 | 31.2% | 17.5% | ||
| Q1 24 | 26.0% | 5.7% |
| Q4 25 | $1.12 | $0.04 | ||
| Q3 25 | $0.43 | $-0.08 | ||
| Q2 25 | $0.06 | $0.19 | ||
| Q1 25 | $0.84 | $0.05 | ||
| Q4 24 | $0.82 | $0.10 | ||
| Q3 24 | $0.22 | $-0.04 | ||
| Q2 24 | $0.85 | $0.60 | ||
| Q1 24 | $0.59 | $0.17 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.2B | $22.4M |
| Total DebtLower is stronger | $212.8M | — |
| Stockholders' EquityBook value | $1.9B | $363.2M |
| Total Assets | $16.3B | $548.6M |
| Debt / EquityLower = less leverage | 0.11× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.2B | $22.4M | ||
| Q3 25 | $1.3B | $18.0M | ||
| Q2 25 | $1.2B | $25.2M | ||
| Q1 25 | $794.7M | $26.7M | ||
| Q4 24 | $1.0B | $39.1M | ||
| Q3 24 | $951.8M | $35.5M | ||
| Q2 24 | $800.9M | $60.8M | ||
| Q1 24 | $870.7M | $47.4M |
| Q4 25 | $212.8M | — | ||
| Q3 25 | $213.6M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $176.8M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $1.9B | $363.2M | ||
| Q3 25 | $2.0B | $364.4M | ||
| Q2 25 | $1.6B | $372.5M | ||
| Q1 25 | $1.6B | $366.9M | ||
| Q4 24 | $1.6B | $371.5M | ||
| Q3 24 | $1.6B | $380.0M | ||
| Q2 24 | $1.5B | $399.9M | ||
| Q1 24 | $1.5B | $376.4M |
| Q4 25 | $16.3B | $548.6M | ||
| Q3 25 | $16.2B | $554.6M | ||
| Q2 25 | $13.4B | $559.6M | ||
| Q1 25 | $13.1B | $578.9M | ||
| Q4 24 | $13.2B | $587.4M | ||
| Q3 24 | $12.9B | $571.3M | ||
| Q2 24 | $12.5B | $577.4M | ||
| Q1 24 | $12.5B | $570.6M |
| Q4 25 | 0.11× | — | ||
| Q3 25 | 0.11× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.11× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $155.9M | $27.3M |
| Free Cash FlowOCF − Capex | $147.0M | $16.3M |
| FCF MarginFCF / Revenue | 82.3% | 13.1% |
| Capex IntensityCapex / Revenue | 5.0% | 8.8% |
| Cash ConversionOCF / Net Profit | 2.74× | 14.22× |
| TTM Free Cash FlowTrailing 4 quarters | $242.8M | $21.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $155.9M | $27.3M | ||
| Q3 25 | $47.7M | $-8.1M | ||
| Q2 25 | $71.8M | $40.8M | ||
| Q1 25 | $-16.5M | $-9.8M | ||
| Q4 24 | $138.8M | $-7.4M | ||
| Q3 24 | $57.8M | $-30.8M | ||
| Q2 24 | $30.6M | $43.7M | ||
| Q1 24 | $36.3M | $25.2M |
| Q4 25 | $147.0M | $16.3M | ||
| Q3 25 | $45.6M | $-12.4M | ||
| Q2 25 | $68.4M | $33.5M | ||
| Q1 25 | $-18.1M | $-16.1M | ||
| Q4 24 | $132.3M | $-10.7M | ||
| Q3 24 | $56.7M | $-35.5M | ||
| Q2 24 | $28.4M | $38.2M | ||
| Q1 24 | $34.6M | $7.0M |
| Q4 25 | 82.3% | 13.1% | ||
| Q3 25 | 26.2% | -14.6% | ||
| Q2 25 | 89.0% | 23.8% | ||
| Q1 25 | -13.9% | -13.9% | ||
| Q4 24 | 101.4% | -8.3% | ||
| Q3 24 | 63.3% | -40.2% | ||
| Q2 24 | 22.1% | 24.0% | ||
| Q1 24 | 32.2% | 5.1% |
| Q4 25 | 5.0% | 8.8% | ||
| Q3 25 | 1.2% | 5.0% | ||
| Q2 25 | 4.4% | 5.2% | ||
| Q1 25 | 1.3% | 5.4% | ||
| Q4 24 | 5.0% | 2.5% | ||
| Q3 24 | 1.2% | 5.3% | ||
| Q2 24 | 1.7% | 3.5% | ||
| Q1 24 | 1.5% | 13.2% |
| Q4 25 | 2.74× | 14.22× | ||
| Q3 25 | 2.04× | — | ||
| Q2 25 | 24.68× | 4.73× | ||
| Q1 25 | -0.42× | -4.68× | ||
| Q4 24 | 3.66× | -1.63× | ||
| Q3 24 | 5.65× | — | ||
| Q2 24 | 0.77× | 1.57× | ||
| Q1 24 | 1.30× | 3.20× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
