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Side-by-side financial comparison of FIRST INTERSTATE BANCSYSTEM INC (FIBK) and StubHub Holdings, Inc. (STUB). Click either name above to swap in a different company.

StubHub Holdings, Inc. is the larger business by last-quarter revenue ($468.1M vs $313.0M, roughly 1.5× FIRST INTERSTATE BANCSYSTEM INC). FIRST INTERSTATE BANCSYSTEM INC runs the higher net margin — 34.8% vs -276.6%, a 311.3% gap on every dollar of revenue. On growth, FIRST INTERSTATE BANCSYSTEM INC posted the faster year-over-year revenue change (19.8% vs 7.9%).

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.

StubHub Holdings operates a leading global online ticket marketplace for live entertainment events. It facilitates secure resale and direct purchase of tickets for concerts, sports matches, theater performances and other live experiences, serving consumers, event organizers and sellers across North America, Europe and Asia-Pacific.

FIBK vs STUB — Head-to-Head

Bigger by revenue
STUB
STUB
1.5× larger
STUB
$468.1M
$313.0M
FIBK
Growing faster (revenue YoY)
FIBK
FIBK
+11.9% gap
FIBK
19.8%
7.9%
STUB
Higher net margin
FIBK
FIBK
311.3% more per $
FIBK
34.8%
-276.6%
STUB

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
FIBK
FIBK
STUB
STUB
Revenue
$313.0M
$468.1M
Net Profit
$108.8M
$-1.3B
Gross Margin
Operating Margin
44.5%
-292.3%
Net Margin
34.8%
-276.6%
Revenue YoY
19.8%
7.9%
Net Profit YoY
108.8%
-3821.6%
EPS (diluted)
$1.07
$-4.27

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
STUB
STUB
Q4 25
$313.0M
Q3 25
$250.5M
$468.1M
Q2 25
$248.3M
Q1 25
$247.0M
Q4 24
$261.3M
Q3 24
$251.9M
$433.8M
Q2 24
$244.3M
Q1 24
$242.2M
Net Profit
FIBK
FIBK
STUB
STUB
Q4 25
$108.8M
Q3 25
$71.4M
$-1.3B
Q2 25
$71.7M
Q1 25
$50.2M
Q4 24
$52.1M
Q3 24
$55.5M
$-33.0M
Q2 24
$60.0M
Q1 24
$58.4M
Operating Margin
FIBK
FIBK
STUB
STUB
Q4 25
44.5%
Q3 25
37.0%
-292.3%
Q2 25
37.7%
Q1 25
26.9%
Q4 24
25.5%
Q3 24
28.9%
2.8%
Q2 24
32.1%
Q1 24
31.7%
Net Margin
FIBK
FIBK
STUB
STUB
Q4 25
34.8%
Q3 25
28.5%
-276.6%
Q2 25
28.9%
Q1 25
20.3%
Q4 24
19.9%
Q3 24
22.0%
-7.6%
Q2 24
24.6%
Q1 24
24.1%
EPS (diluted)
FIBK
FIBK
STUB
STUB
Q4 25
$1.07
Q3 25
$0.69
$-4.27
Q2 25
$0.69
Q1 25
$0.49
Q4 24
$0.50
Q3 24
$0.54
$-0.15
Q2 24
$0.58
Q1 24
$0.57

Balance Sheet & Financial Strength

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

Metric
FIBK
FIBK
STUB
STUB
Cash + ST InvestmentsLiquidity on hand
$1.4B
Total DebtLower is stronger
$146.3M
$1.7B
Stockholders' EquityBook value
$3.4B
$1.7B
Total Assets
$26.6B
$5.6B
Debt / EquityLower = less leverage
0.04×
0.98×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FIBK
FIBK
STUB
STUB
Q4 25
Q3 25
$1.4B
Q2 25
Q1 25
Q4 24
Q3 24
$1.1B
Q2 24
Q1 24
Total Debt
FIBK
FIBK
STUB
STUB
Q4 25
$146.3M
Q3 25
$146.2M
$1.7B
Q2 25
$252.0M
Q1 25
Q4 24
$132.2M
Q3 24
$137.3M
Q2 24
$383.4M
Q1 24
$370.8M
Stockholders' Equity
FIBK
FIBK
STUB
STUB
Q4 25
$3.4B
Q3 25
$3.4B
$1.7B
Q2 25
$3.4B
Q1 25
$3.4B
Q4 24
$3.3B
Q3 24
$3.4B
$815.9M
Q2 24
$3.2B
Q1 24
$3.2B
Total Assets
FIBK
FIBK
STUB
STUB
Q4 25
$26.6B
Q3 25
$27.3B
$5.6B
Q2 25
$27.6B
Q1 25
$28.3B
Q4 24
$29.1B
Q3 24
$29.6B
Q2 24
$30.3B
Q1 24
$30.1B
Debt / Equity
FIBK
FIBK
STUB
STUB
Q4 25
0.04×
Q3 25
0.04×
0.98×
Q2 25
0.07×
Q1 25
Q4 24
0.04×
Q3 24
0.04×
Q2 24
0.12×
Q1 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
STUB
STUB
Operating Cash FlowLast quarter
$305.6M
$181.4M
Free Cash FlowOCF − Capex
$180.3M
FCF MarginFCF / Revenue
38.5%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
2.81×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FIBK
FIBK
STUB
STUB
Q4 25
$305.6M
Q3 25
$91.7M
$181.4M
Q2 25
$68.1M
Q1 25
$78.5M
Q4 24
$355.0M
Q3 24
$89.9M
Q2 24
$82.3M
Q1 24
$87.6M
Free Cash Flow
FIBK
FIBK
STUB
STUB
Q4 25
Q3 25
$180.3M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
FIBK
FIBK
STUB
STUB
Q4 25
Q3 25
38.5%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
FIBK
FIBK
STUB
STUB
Q4 25
Q3 25
0.2%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Cash Conversion
FIBK
FIBK
STUB
STUB
Q4 25
2.81×
Q3 25
1.28×
Q2 25
0.95×
Q1 25
1.56×
Q4 24
6.81×
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
FIBK

Segment breakdown not available.

STUB
STUB

Transaction Fees$453.4M97%
Other$14.7M3%

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