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Side-by-side financial comparison of FIRST INTERSTATE BANCSYSTEM INC (FIBK) and ONE Group Hospitality, Inc. (STKS). 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 $207.0M, roughly 1.5× ONE Group Hospitality, Inc.). FIRST INTERSTATE BANCSYSTEM INC runs the higher net margin — 34.8% vs -3.1%, a 37.8% gap on every dollar of revenue. On growth, FIRST INTERSTATE BANCSYSTEM INC posted the faster year-over-year revenue change (19.8% vs -6.7%). Over the past eight quarters, ONE Group Hospitality, Inc.'s revenue compounded faster (56.1% CAGR vs 13.7%).
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.
Target Hospitality is a company that provides workforce lodging and other temporary, modular housing used for oil, gas and mining operations; large-scale events; and disaster relief. Target Hospitality is based in The Woodlands, Texas, and also has offices in Williston, North Dakota; Denver, Colorado; Calgary, Alberta.
FIBK vs STKS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $313.0M | $207.0M |
| Net Profit | $108.8M | $-6.4M |
| Gross Margin | — | — |
| Operating Margin | 44.5% | 2.2% |
| Net Margin | 34.8% | -3.1% |
| Revenue YoY | 19.8% | -6.7% |
| Net Profit YoY | 108.8% | -531.8% |
| EPS (diluted) | $1.07 | $-0.50 |
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 | $207.0M | ||
| Q3 25 | $250.5M | $180.2M | ||
| Q2 25 | $248.3M | $207.4M | ||
| Q1 25 | $247.0M | $211.1M | ||
| Q4 24 | $261.3M | $221.9M | ||
| Q3 24 | $251.9M | $194.0M | ||
| Q2 24 | $244.3M | $172.5M | ||
| Q1 24 | $242.2M | $85.0M |
| Q4 25 | $108.8M | $-6.4M | ||
| Q3 25 | $71.4M | $-76.7M | ||
| Q2 25 | $71.7M | $-10.1M | ||
| Q1 25 | $50.2M | $975.0K | ||
| Q4 24 | $52.1M | $1.5M | ||
| Q3 24 | $55.5M | $-9.3M | ||
| Q2 24 | $60.0M | $-7.3M | ||
| Q1 24 | $58.4M | $-2.1M |
| Q4 25 | 44.5% | 2.2% | ||
| Q3 25 | 37.0% | -4.4% | ||
| Q2 25 | 37.7% | 0.3% | ||
| Q1 25 | 26.9% | 5.1% | ||
| Q4 24 | 25.5% | 5.5% | ||
| Q3 24 | 28.9% | -1.9% | ||
| Q2 24 | 32.1% | 0.6% | ||
| Q1 24 | 31.7% | -0.7% |
| Q4 25 | 34.8% | -3.1% | ||
| Q3 25 | 28.5% | -42.6% | ||
| Q2 25 | 28.9% | -4.9% | ||
| Q1 25 | 20.3% | 0.5% | ||
| Q4 24 | 19.9% | 0.7% | ||
| Q3 24 | 22.0% | -4.8% | ||
| Q2 24 | 24.6% | -4.3% | ||
| Q1 24 | 24.1% | -2.4% |
| Q4 25 | $1.07 | $-0.50 | ||
| Q3 25 | $0.69 | $-2.75 | ||
| Q2 25 | $0.69 | $-0.59 | ||
| Q1 25 | $0.49 | $-0.21 | ||
| Q4 24 | $0.50 | $-0.18 | ||
| Q3 24 | $0.54 | $-0.53 | ||
| Q2 24 | $0.58 | $-0.38 | ||
| Q1 24 | $0.57 | $-0.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $4.2M |
| Total DebtLower is stronger | $146.3M | $354.2M |
| Stockholders' EquityBook value | $3.4B | $-75.8M |
| Total Assets | $26.6B | $884.2M |
| Debt / EquityLower = less leverage | 0.04× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $4.2M | ||
| Q3 25 | — | $5.5M | ||
| Q2 25 | — | $4.7M | ||
| Q1 25 | — | $21.4M | ||
| Q4 24 | — | $27.6M | ||
| Q3 24 | — | $28.2M | ||
| Q2 24 | — | $32.2M | ||
| Q1 24 | — | $15.4M |
| Q4 25 | $146.3M | $354.2M | ||
| Q3 25 | $146.2M | $355.0M | ||
| Q2 25 | $252.0M | $347.4M | ||
| Q1 25 | — | $348.3M | ||
| Q4 24 | $132.2M | $348.3M | ||
| Q3 24 | $137.3M | $349.1M | ||
| Q2 24 | $383.4M | $350.0M | ||
| Q1 24 | $370.8M | $73.5M |
| Q4 25 | $3.4B | $-75.8M | ||
| Q3 25 | $3.4B | $-61.5M | ||
| Q2 25 | $3.4B | $23.0M | ||
| Q1 25 | $3.4B | $40.5M | ||
| Q4 24 | $3.3B | $45.9M | ||
| Q3 24 | $3.4B | $51.4M | ||
| Q2 24 | $3.2B | $68.1M | ||
| Q1 24 | $3.2B | $68.3M |
| Q4 25 | $26.6B | $884.2M | ||
| Q3 25 | $27.3B | $879.5M | ||
| Q2 25 | $27.6B | $935.7M | ||
| Q1 25 | $28.3B | $956.0M | ||
| Q4 24 | $29.1B | $960.1M | ||
| Q3 24 | $29.6B | $953.5M | ||
| Q2 24 | $30.3B | $945.9M | ||
| Q1 24 | $30.1B | $309.3M |
| Q4 25 | 0.04× | — | ||
| Q3 25 | 0.04× | — | ||
| Q2 25 | 0.07× | 15.07× | ||
| Q1 25 | — | 8.61× | ||
| Q4 24 | 0.04× | 7.59× | ||
| Q3 24 | 0.04× | 6.79× | ||
| Q2 24 | 0.12× | 5.14× | ||
| Q1 24 | 0.12× | 1.08× |
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 | $13.1M |
| Free Cash FlowOCF − Capex | — | $-329.0K |
| FCF MarginFCF / Revenue | — | -0.2% |
| Capex IntensityCapex / Revenue | — | 6.5% |
| Cash ConversionOCF / Net Profit | 2.81× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-27.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $305.6M | $13.1M | ||
| Q3 25 | $91.7M | $5.9M | ||
| Q2 25 | $68.1M | $2.8M | ||
| Q1 25 | $78.5M | $8.5M | ||
| Q4 24 | $355.0M | $18.5M | ||
| Q3 24 | $89.9M | $19.1M | ||
| Q2 24 | $82.3M | $-3.8M | ||
| Q1 24 | $87.6M | $10.4M |
| Q4 25 | — | $-329.0K | ||
| Q3 25 | — | $-6.1M | ||
| Q2 25 | — | $-15.0M | ||
| Q1 25 | — | $-5.8M | ||
| Q4 24 | — | $733.0K | ||
| Q3 24 | — | $287.0K | ||
| Q2 24 | — | $-23.0M | ||
| Q1 24 | — | $-5.4M |
| Q4 25 | — | -0.2% | ||
| Q3 25 | — | -3.4% | ||
| Q2 25 | — | -7.2% | ||
| Q1 25 | — | -2.7% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | -13.3% | ||
| Q1 24 | — | -6.4% |
| Q4 25 | — | 6.5% | ||
| Q3 25 | — | 6.7% | ||
| Q2 25 | — | 8.6% | ||
| Q1 25 | — | 6.8% | ||
| Q4 24 | — | 8.0% | ||
| Q3 24 | — | 9.7% | ||
| Q2 24 | — | 11.1% | ||
| Q1 24 | — | 18.6% |
| Q4 25 | 2.81× | — | ||
| Q3 25 | 1.28× | — | ||
| Q2 25 | 0.95× | — | ||
| Q1 25 | 1.56× | 8.76× | ||
| Q4 24 | 6.81× | 12.54× | ||
| Q3 24 | 1.62× | — | ||
| Q2 24 | 1.37× | — | ||
| Q1 24 | 1.50× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FIBK
Segment breakdown not available.
STKS
| Benihanas | $111.3M | 54% |
| Steakhouse Restaurant | $59.2M | 29% |
| Grill Concepts | $32.3M | 16% |
| Other | $4.2M | 2% |
