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Side-by-side financial comparison of FIRST INTERSTATE BANCSYSTEM INC (FIBK) and ONESPAWORLD HOLDINGS Ltd (OSW). 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 $242.1M, roughly 1.3× ONESPAWORLD HOLDINGS Ltd). FIRST INTERSTATE BANCSYSTEM INC runs the higher net margin — 34.8% vs 5.0%, a 29.8% gap on every dollar of revenue. On growth, FIRST INTERSTATE BANCSYSTEM INC posted the faster year-over-year revenue change (19.8% vs 11.5%). Over the past eight quarters, FIRST INTERSTATE BANCSYSTEM INC's revenue compounded faster (13.7% CAGR vs 7.1%).
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.
FIBK vs OSW — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $313.0M | $242.1M |
| Net Profit | $108.8M | $12.1M |
| Gross Margin | — | — |
| Operating Margin | 44.5% | 6.8% |
| Net Margin | 34.8% | 5.0% |
| Revenue YoY | 19.8% | 11.5% |
| Net Profit YoY | 108.8% | -16.2% |
| EPS (diluted) | $1.07 | $0.12 |
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 | $313.0M | $242.1M | ||
| Q3 25 | $250.5M | $258.5M | ||
| Q2 25 | $248.3M | $240.7M | ||
| Q1 25 | $247.0M | $219.6M | ||
| Q4 24 | $261.3M | $217.2M | ||
| Q3 24 | $251.9M | $241.7M | ||
| Q2 24 | $244.3M | $224.9M | ||
| Q1 24 | $242.2M | $211.2M |
| Q4 25 | $108.8M | $12.1M | ||
| Q3 25 | $71.4M | $24.3M | ||
| Q2 25 | $71.7M | $19.9M | ||
| Q1 25 | $50.2M | $15.3M | ||
| Q4 24 | $52.1M | $14.4M | ||
| Q3 24 | $55.5M | $21.6M | ||
| Q2 24 | $60.0M | $15.8M | ||
| Q1 24 | $58.4M | $21.2M |
| Q4 25 | 44.5% | 6.8% | ||
| Q3 25 | 37.0% | 10.2% | ||
| Q2 25 | 37.7% | 9.2% | ||
| Q1 25 | 26.9% | 7.7% | ||
| Q4 24 | 25.5% | 7.9% | ||
| Q3 24 | 28.9% | 10.3% | ||
| Q2 24 | 32.1% | 8.4% | ||
| Q1 24 | 31.7% | 8.0% |
| Q4 25 | 34.8% | 5.0% | ||
| Q3 25 | 28.5% | 9.4% | ||
| Q2 25 | 28.9% | 8.3% | ||
| Q1 25 | 20.3% | 7.0% | ||
| Q4 24 | 19.9% | 6.6% | ||
| Q3 24 | 22.0% | 8.9% | ||
| Q2 24 | 24.6% | 7.0% | ||
| Q1 24 | 24.1% | 10.0% |
| Q4 25 | $1.07 | $0.12 | ||
| Q3 25 | $0.69 | $0.23 | ||
| Q2 25 | $0.69 | $0.19 | ||
| Q1 25 | $0.49 | $0.15 | ||
| Q4 24 | $0.50 | $0.13 | ||
| Q3 24 | $0.54 | $0.20 | ||
| Q2 24 | $0.58 | $0.15 | ||
| Q1 24 | $0.57 | $0.21 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $16.3M |
| Total DebtLower is stronger | $146.3M | $84.0M |
| Stockholders' EquityBook value | $3.4B | $542.6M |
| Total Assets | $26.6B | $707.1M |
| Debt / EquityLower = less leverage | 0.04× | 0.15× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $16.3M | ||
| Q3 25 | — | $29.6M | ||
| Q2 25 | — | $35.0M | ||
| Q1 25 | — | $22.6M | ||
| Q4 24 | — | $57.4M | ||
| Q3 24 | — | $48.8M | ||
| Q2 24 | — | $62.5M | ||
| Q1 24 | — | $65.4M |
| Q4 25 | $146.3M | $84.0M | ||
| Q3 25 | $146.2M | $85.2M | ||
| Q2 25 | $252.0M | $96.2M | ||
| Q1 25 | — | $97.4M | ||
| Q4 24 | $132.2M | $98.6M | ||
| Q3 24 | $137.3M | $98.7M | ||
| Q2 24 | $383.4M | $123.8M | ||
| Q1 24 | $370.8M | $138.6M |
| Q4 25 | $3.4B | $542.6M | ||
| Q3 25 | $3.4B | $552.8M | ||
| Q2 25 | $3.4B | $548.3M | ||
| Q1 25 | $3.4B | $530.6M | ||
| Q4 24 | $3.3B | $554.5M | ||
| Q3 24 | $3.4B | $540.1M | ||
| Q2 24 | $3.2B | $532.7M | ||
| Q1 24 | $3.2B | $515.5M |
| Q4 25 | $26.6B | $707.1M | ||
| Q3 25 | $27.3B | $732.6M | ||
| Q2 25 | $27.6B | $731.8M | ||
| Q1 25 | $28.3B | $708.7M | ||
| Q4 24 | $29.1B | $746.4M | ||
| Q3 24 | $29.6B | $734.0M | ||
| Q2 24 | $30.3B | $756.8M | ||
| Q1 24 | $30.1B | $763.6M |
| Q4 25 | 0.04× | 0.15× | ||
| Q3 25 | 0.04× | 0.15× | ||
| Q2 25 | 0.07× | 0.18× | ||
| Q1 25 | — | 0.18× | ||
| Q4 24 | 0.04× | 0.18× | ||
| Q3 24 | 0.04× | 0.18× | ||
| Q2 24 | 0.12× | 0.23× | ||
| Q1 24 | 0.12× | 0.27× |
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 | $305.6M | $20.0M |
| Free Cash FlowOCF − Capex | — | $14.9M |
| FCF MarginFCF / Revenue | — | 6.2% |
| Capex IntensityCapex / Revenue | — | 2.1% |
| Cash ConversionOCF / Net Profit | 2.81× | 1.65× |
| TTM Free Cash FlowTrailing 4 quarters | — | $68.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $305.6M | $20.0M | ||
| Q3 25 | $91.7M | $33.2M | ||
| Q2 25 | $68.1M | $20.3M | ||
| Q1 25 | $78.5M | $10.1M | ||
| Q4 24 | $355.0M | $16.6M | ||
| Q3 24 | $89.9M | $28.6M | ||
| Q2 24 | $82.3M | $18.7M | ||
| Q1 24 | $87.6M | $15.0M |
| Q4 25 | — | $14.9M | ||
| Q3 25 | — | $27.6M | ||
| Q2 25 | — | $17.6M | ||
| Q1 25 | — | $8.4M | ||
| Q4 24 | — | $13.2M | ||
| Q3 24 | — | $27.5M | ||
| Q2 24 | — | $17.6M | ||
| Q1 24 | — | $13.7M |
| Q4 25 | — | 6.2% | ||
| Q3 25 | — | 10.7% | ||
| Q2 25 | — | 7.3% | ||
| Q1 25 | — | 3.8% | ||
| Q4 24 | — | 6.1% | ||
| Q3 24 | — | 11.4% | ||
| Q2 24 | — | 7.8% | ||
| Q1 24 | — | 6.5% |
| Q4 25 | — | 2.1% | ||
| Q3 25 | — | 2.2% | ||
| Q2 25 | — | 1.1% | ||
| Q1 25 | — | 0.8% | ||
| Q4 24 | — | 1.5% | ||
| Q3 24 | — | 0.5% | ||
| Q2 24 | — | 0.5% | ||
| Q1 24 | — | 0.6% |
| Q4 25 | 2.81× | 1.65× | ||
| Q3 25 | 1.28× | 1.36× | ||
| Q2 25 | 0.95× | 1.02× | ||
| Q1 25 | 1.56× | 0.66× | ||
| Q4 24 | 6.81× | 1.15× | ||
| Q3 24 | 1.62× | 1.33× | ||
| Q2 24 | 1.37× | 1.19× | ||
| Q1 24 | 1.50× | 0.71× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FIBK
Segment breakdown not available.
OSW
| Services | $197.3M | 82% |
| Products | $44.8M | 18% |
