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Side-by-side financial comparison of FIRST COMMUNITY BANKSHARES INC (FCBC) and MITEK SYSTEMS INC (MITK). Click either name above to swap in a different company.

MITEK SYSTEMS INC is the larger business by last-quarter revenue ($44.2M vs $43.8M, roughly 1.0× FIRST COMMUNITY BANKSHARES INC). FIRST COMMUNITY BANKSHARES INC runs the higher net margin — 28.5% vs 6.3%, a 22.2% gap on every dollar of revenue. On growth, MITEK SYSTEMS INC posted the faster year-over-year revenue change (18.8% vs 5.1%). FIRST COMMUNITY BANKSHARES INC produced more free cash flow last quarter ($60.0M vs $6.6M). Over the past eight quarters, FIRST COMMUNITY BANKSHARES INC's revenue compounded faster (3.5% CAGR vs -2.9%).

First Community Bankshares, Inc. is a $2.43 billion bank holding company and the parent company of First Community Bank of Bluefield, Virginia, in the United States. As of 2012 First Community Bank had 45 locations in Virginia, West Virginia, and North Carolina, and two locations operating as Peoples Community Bank in Tennessee. As of April 21, 2023, First Community had $3.6 billion in assets.

Mitek Systems, Inc. is a software company that specializes in digital identity verification and mobile image processing using artificial intelligence. The company's software is used for depositing checks and opening bank accounts via mobile devices. It also verifies identity documents such as passports, ID cards, and driver's licenses by analyzing a selfie of an individual holding their ID, comparing their face to the photo on the document.

FCBC vs MITK — Head-to-Head

Bigger by revenue
MITK
MITK
1.0× larger
MITK
$44.2M
$43.8M
FCBC
Growing faster (revenue YoY)
MITK
MITK
+13.7% gap
MITK
18.8%
5.1%
FCBC
Higher net margin
FCBC
FCBC
22.2% more per $
FCBC
28.5%
6.3%
MITK
More free cash flow
FCBC
FCBC
$53.4M more FCF
FCBC
$60.0M
$6.6M
MITK
Faster 2-yr revenue CAGR
FCBC
FCBC
Annualised
FCBC
3.5%
-2.9%
MITK

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
FCBC
FCBC
MITK
MITK
Revenue
$43.8M
$44.2M
Net Profit
$12.5M
$2.8M
Gross Margin
Operating Margin
36.8%
12.3%
Net Margin
28.5%
6.3%
Revenue YoY
5.1%
18.8%
Net Profit YoY
-4.4%
160.1%
EPS (diluted)
$0.67
$0.06

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
FCBC
FCBC
MITK
MITK
Q4 25
$43.8M
$44.2M
Q3 25
$42.2M
$44.8M
Q2 25
$41.0M
$45.7M
Q1 25
$40.5M
$51.9M
Q4 24
$41.7M
$37.3M
Q3 24
$42.0M
$43.2M
Q2 24
$41.3M
$45.0M
Q1 24
$40.9M
$47.0M
Net Profit
FCBC
FCBC
MITK
MITK
Q4 25
$12.5M
$2.8M
Q3 25
$12.3M
$1.9M
Q2 25
$12.2M
$2.4M
Q1 25
$11.8M
$9.2M
Q4 24
$13.0M
$-4.6M
Q3 24
$13.0M
$8.6M
Q2 24
$12.7M
$216.0K
Q1 24
$12.8M
$282.0K
Operating Margin
FCBC
FCBC
MITK
MITK
Q4 25
36.8%
12.3%
Q3 25
37.7%
10.5%
Q2 25
38.6%
8.3%
Q1 25
37.7%
21.9%
Q4 24
39.6%
-8.3%
Q3 24
39.3%
17.8%
Q2 24
39.3%
1.6%
Q1 24
40.3%
1.5%
Net Margin
FCBC
FCBC
MITK
MITK
Q4 25
28.5%
6.3%
Q3 25
29.1%
4.2%
Q2 25
29.9%
5.2%
Q1 25
29.2%
17.6%
Q4 24
31.3%
-12.4%
Q3 24
31.0%
19.8%
Q2 24
30.8%
0.5%
Q1 24
31.4%
0.6%
EPS (diluted)
FCBC
FCBC
MITK
MITK
Q4 25
$0.67
$0.06
Q3 25
$0.67
$0.04
Q2 25
$0.67
$0.05
Q1 25
$0.64
$0.20
Q4 24
$0.67
$-0.10
Q3 24
$0.71
$0.19
Q2 24
$0.71
$0.00
Q1 24
$0.71
$0.01

Balance Sheet & Financial Strength

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

Metric
FCBC
FCBC
MITK
MITK
Cash + ST InvestmentsLiquidity on hand
$190.1M
Total DebtLower is stronger
$4.8M
Stockholders' EquityBook value
$500.5M
$233.7M
Total Assets
$3.3B
$446.5M
Debt / EquityLower = less leverage
0.02×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FCBC
FCBC
MITK
MITK
Q4 25
$190.1M
Q3 25
$193.0M
Q2 25
$167.1M
Q1 25
$136.2M
Q4 24
$121.2M
Q3 24
$130.3M
Q2 24
$123.1M
Q1 24
$123.9M
Total Debt
FCBC
FCBC
MITK
MITK
Q4 25
$4.8M
Q3 25
$0
$4.3M
Q2 25
$0
Q1 25
$0
Q4 24
$0
Q3 24
$0
$2.7M
Q2 24
$0
Q1 24
$0
Stockholders' Equity
FCBC
FCBC
MITK
MITK
Q4 25
$500.5M
$233.7M
Q3 25
$510.7M
$240.3M
Q2 25
$502.8M
$237.6M
Q1 25
$496.4M
$220.2M
Q4 24
$526.4M
$200.9M
Q3 24
$520.7M
$214.8M
Q2 24
$508.9M
$209.6M
Q1 24
$506.9M
$216.1M
Total Assets
FCBC
FCBC
MITK
MITK
Q4 25
$3.3B
$446.5M
Q3 25
$3.2B
$459.1M
Q2 25
$3.2B
$446.7M
Q1 25
$3.2B
$425.3M
Q4 24
$3.3B
$396.0M
Q3 24
$3.2B
$413.8M
Q2 24
$3.2B
$409.2M
Q1 24
$3.2B
$417.0M
Debt / Equity
FCBC
FCBC
MITK
MITK
Q4 25
0.02×
Q3 25
0.00×
0.02×
Q2 25
0.00×
Q1 25
0.00×
Q4 24
0.00×
Q3 24
0.00×
0.01×
Q2 24
0.00×
Q1 24
0.00×

Cash Flow & Capital Efficiency

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

Metric
FCBC
FCBC
MITK
MITK
Operating Cash FlowLast quarter
$62.7M
$8.0M
Free Cash FlowOCF − Capex
$60.0M
$6.6M
FCF MarginFCF / Revenue
137.0%
14.9%
Capex IntensityCapex / Revenue
6.3%
3.2%
Cash ConversionOCF / Net Profit
5.03×
2.89×
TTM Free Cash FlowTrailing 4 quarters
$100.6M
$60.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FCBC
FCBC
MITK
MITK
Q4 25
$62.7M
$8.0M
Q3 25
$18.9M
$19.5M
Q2 25
$10.2M
$21.6M
Q1 25
$13.2M
$13.7M
Q4 24
$57.7M
$565.0K
Q3 24
$11.4M
$21.1M
Q2 24
$14.5M
$13.0M
Q1 24
$16.9M
$7.1M
Free Cash Flow
FCBC
FCBC
MITK
MITK
Q4 25
$60.0M
$6.6M
Q3 25
$18.5M
$19.2M
Q2 25
$10.0M
$21.2M
Q1 25
$12.1M
$13.5M
Q4 24
$54.9M
$230.0K
Q3 24
$10.9M
$20.8M
Q2 24
$14.1M
$12.6M
Q1 24
$15.2M
$6.6M
FCF Margin
FCBC
FCBC
MITK
MITK
Q4 25
137.0%
14.9%
Q3 25
43.9%
42.9%
Q2 25
24.3%
46.5%
Q1 25
29.8%
26.0%
Q4 24
131.8%
0.6%
Q3 24
26.0%
48.2%
Q2 24
34.1%
27.9%
Q1 24
37.1%
14.0%
Capex Intensity
FCBC
FCBC
MITK
MITK
Q4 25
6.3%
3.2%
Q3 25
1.0%
0.6%
Q2 25
0.6%
0.7%
Q1 25
2.8%
0.4%
Q4 24
6.7%
0.9%
Q3 24
1.2%
0.7%
Q2 24
0.9%
1.0%
Q1 24
4.4%
1.0%
Cash Conversion
FCBC
FCBC
MITK
MITK
Q4 25
5.03×
2.89×
Q3 25
1.54×
10.46×
Q2 25
0.83×
9.00×
Q1 25
1.12×
1.50×
Q4 24
4.43×
Q3 24
0.88×
2.46×
Q2 24
1.14×
60.12×
Q1 24
1.32×
25.05×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FCBC
FCBC

Segment breakdown not available.

MITK
MITK

Fraud And Identity Solutions$25.5M58%
License$13.9M31%
Fraud And Identity Solutions Software License And Support$3.9M9%
Professional Services And Other$1.2M3%

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