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Side-by-side financial comparison of FIRST INTERSTATE BANCSYSTEM INC (FIBK) and ROGERS CORP (ROG). 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 $200.5M, roughly 1.6× ROGERS CORP). FIRST INTERSTATE BANCSYSTEM INC runs the higher net margin — 34.8% vs 2.2%, a 32.5% gap on every dollar of revenue. On growth, FIRST INTERSTATE BANCSYSTEM INC posted the faster year-over-year revenue change (19.8% vs 5.2%). Over the past eight quarters, FIRST INTERSTATE BANCSYSTEM INC's revenue compounded faster (13.7% CAGR vs -3.3%).

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.

Rogers Corporation is a specialty engineered materials company headquartered in Chandler, Arizona.

FIBK vs ROG — Head-to-Head

Bigger by revenue
FIBK
FIBK
1.6× larger
FIBK
$313.0M
$200.5M
ROG
Growing faster (revenue YoY)
FIBK
FIBK
+14.5% gap
FIBK
19.8%
5.2%
ROG
Higher net margin
FIBK
FIBK
32.5% more per $
FIBK
34.8%
2.2%
ROG
Faster 2-yr revenue CAGR
FIBK
FIBK
Annualised
FIBK
13.7%
-3.3%
ROG

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
FIBK
FIBK
ROG
ROG
Revenue
$313.0M
$200.5M
Net Profit
$108.8M
$4.5M
Gross Margin
32.2%
Operating Margin
44.5%
Net Margin
34.8%
2.2%
Revenue YoY
19.8%
5.2%
Net Profit YoY
108.8%
421.4%
EPS (diluted)
$1.07
$0.25

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
FIBK
FIBK
ROG
ROG
Q1 26
$200.5M
Q4 25
$313.0M
$201.5M
Q3 25
$250.5M
$216.0M
Q2 25
$248.3M
$202.8M
Q1 25
$247.0M
$190.5M
Q4 24
$261.3M
$192.2M
Q3 24
$251.9M
$210.3M
Q2 24
$244.3M
$214.2M
Net Profit
FIBK
FIBK
ROG
ROG
Q1 26
$4.5M
Q4 25
$108.8M
$4.6M
Q3 25
$71.4M
$8.6M
Q2 25
$71.7M
$-73.6M
Q1 25
$50.2M
$-1.4M
Q4 24
$52.1M
$-500.0K
Q3 24
$55.5M
$10.7M
Q2 24
$60.0M
$8.1M
Gross Margin
FIBK
FIBK
ROG
ROG
Q1 26
32.2%
Q4 25
31.5%
Q3 25
33.5%
Q2 25
31.6%
Q1 25
29.9%
Q4 24
32.1%
Q3 24
35.2%
Q2 24
34.1%
Operating Margin
FIBK
FIBK
ROG
ROG
Q1 26
Q4 25
44.5%
3.5%
Q3 25
37.0%
7.3%
Q2 25
37.7%
-33.3%
Q1 25
26.9%
-0.2%
Q4 24
25.5%
-6.6%
Q3 24
28.9%
6.9%
Q2 24
32.1%
5.3%
Net Margin
FIBK
FIBK
ROG
ROG
Q1 26
2.2%
Q4 25
34.8%
2.3%
Q3 25
28.5%
4.0%
Q2 25
28.9%
-36.3%
Q1 25
20.3%
-0.7%
Q4 24
19.9%
-0.3%
Q3 24
22.0%
5.1%
Q2 24
24.6%
3.8%
EPS (diluted)
FIBK
FIBK
ROG
ROG
Q1 26
$0.25
Q4 25
$1.07
$0.20
Q3 25
$0.69
$0.48
Q2 25
$0.69
$-4.00
Q1 25
$0.49
$-0.08
Q4 24
$0.50
$-0.04
Q3 24
$0.54
$0.58
Q2 24
$0.58
$0.44

Balance Sheet & Financial Strength

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

Metric
FIBK
FIBK
ROG
ROG
Cash + ST InvestmentsLiquidity on hand
$195.8M
Total DebtLower is stronger
$146.3M
Stockholders' EquityBook value
$3.4B
$1.2B
Total Assets
$26.6B
$1.4B
Debt / EquityLower = less leverage
0.04×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FIBK
FIBK
ROG
ROG
Q1 26
$195.8M
Q4 25
$197.0M
Q3 25
$167.8M
Q2 25
$157.2M
Q1 25
$175.6M
Q4 24
$159.8M
Q3 24
$146.4M
Q2 24
$119.9M
Total Debt
FIBK
FIBK
ROG
ROG
Q1 26
Q4 25
$146.3M
Q3 25
$146.2M
Q2 25
$252.0M
Q1 25
Q4 24
$132.2M
Q3 24
$137.3M
Q2 24
$383.4M
Stockholders' Equity
FIBK
FIBK
ROG
ROG
Q1 26
$1.2B
Q4 25
$3.4B
$1.2B
Q3 25
$3.4B
$1.2B
Q2 25
$3.4B
$1.2B
Q1 25
$3.4B
$1.3B
Q4 24
$3.3B
$1.3B
Q3 24
$3.4B
$1.3B
Q2 24
$3.2B
$1.3B
Total Assets
FIBK
FIBK
ROG
ROG
Q1 26
$1.4B
Q4 25
$26.6B
$1.4B
Q3 25
$27.3B
$1.4B
Q2 25
$27.6B
$1.5B
Q1 25
$28.3B
$1.5B
Q4 24
$29.1B
$1.5B
Q3 24
$29.6B
$1.5B
Q2 24
$30.3B
$1.5B
Debt / Equity
FIBK
FIBK
ROG
ROG
Q1 26
Q4 25
0.04×
Q3 25
0.04×
Q2 25
0.07×
Q1 25
Q4 24
0.04×
Q3 24
0.04×
Q2 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
FIBK
FIBK
ROG
ROG
Operating Cash FlowLast quarter
$305.6M
$5.8M
Free Cash FlowOCF − Capex
$1.1M
FCF MarginFCF / Revenue
0.5%
Capex IntensityCapex / Revenue
2.3%
Cash ConversionOCF / Net Profit
2.81×
1.29×
TTM Free Cash FlowTrailing 4 quarters
$70.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FIBK
FIBK
ROG
ROG
Q1 26
$5.8M
Q4 25
$305.6M
$46.9M
Q3 25
$91.7M
$28.9M
Q2 25
$68.1M
$13.7M
Q1 25
$78.5M
$11.7M
Q4 24
$355.0M
$33.7M
Q3 24
$89.9M
$42.4M
Q2 24
$82.3M
$22.9M
Free Cash Flow
FIBK
FIBK
ROG
ROG
Q1 26
$1.1M
Q4 25
$42.2M
Q3 25
$21.2M
Q2 25
$5.6M
Q1 25
$2.1M
Q4 24
$18.3M
Q3 24
$25.2M
Q2 24
$8.8M
FCF Margin
FIBK
FIBK
ROG
ROG
Q1 26
0.5%
Q4 25
20.9%
Q3 25
9.8%
Q2 25
2.8%
Q1 25
1.1%
Q4 24
9.5%
Q3 24
12.0%
Q2 24
4.1%
Capex Intensity
FIBK
FIBK
ROG
ROG
Q1 26
2.3%
Q4 25
2.3%
Q3 25
3.6%
Q2 25
4.0%
Q1 25
5.0%
Q4 24
8.0%
Q3 24
8.2%
Q2 24
6.6%
Cash Conversion
FIBK
FIBK
ROG
ROG
Q1 26
1.29×
Q4 25
2.81×
10.20×
Q3 25
1.28×
3.36×
Q2 25
0.95×
Q1 25
1.56×
Q4 24
6.81×
Q3 24
1.62×
3.96×
Q2 24
1.37×
2.83×

Financial Flow Comparison

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

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