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Side-by-side financial comparison of FIRST INTERSTATE BANCSYSTEM INC (FIBK) and TIC Solutions, Inc. (TIC). Click either name above to swap in a different company.
TIC Solutions, Inc. is the larger business by last-quarter revenue ($508.3M vs $313.0M, roughly 1.6× FIRST INTERSTATE BANCSYSTEM INC). FIRST INTERSTATE BANCSYSTEM INC runs the higher net margin — 34.8% vs -9.3%, a 44.0% gap on every dollar of revenue.
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 TIC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $313.0M | $508.3M |
| Net Profit | $108.8M | $-47.2M |
| Gross Margin | — | 35.2% |
| Operating Margin | 44.5% | -3.8% |
| Net Margin | 34.8% | -9.3% |
| Revenue YoY | 19.8% | — |
| Net Profit YoY | 108.8% | — |
| EPS (diluted) | $1.07 | — |
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 | $508.3M | ||
| Q3 25 | $250.5M | $473.9M | ||
| Q2 25 | $248.3M | $313.9M | ||
| Q1 25 | $247.0M | $234.2M | ||
| Q4 24 | $261.3M | — | ||
| Q3 24 | $251.9M | — | ||
| Q2 24 | $244.3M | — | ||
| Q1 24 | $242.2M | — |
| Q4 25 | $108.8M | $-47.2M | ||
| Q3 25 | $71.4M | $-13.9M | ||
| Q2 25 | $71.7M | $-233.0K | ||
| Q1 25 | $50.2M | $-25.8M | ||
| Q4 24 | $52.1M | — | ||
| Q3 24 | $55.5M | — | ||
| Q2 24 | $60.0M | — | ||
| Q1 24 | $58.4M | — |
| Q4 25 | — | 35.2% | ||
| Q3 25 | — | 32.2% | ||
| Q2 25 | — | 23.6% | ||
| Q1 25 | — | 18.6% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | 44.5% | -3.8% | ||
| Q3 25 | 37.0% | -1.4% | ||
| Q2 25 | 37.7% | 5.8% | ||
| Q1 25 | 26.9% | -4.0% | ||
| Q4 24 | 25.5% | — | ||
| Q3 24 | 28.9% | — | ||
| Q2 24 | 32.1% | — | ||
| Q1 24 | 31.7% | — |
| Q4 25 | 34.8% | -9.3% | ||
| Q3 25 | 28.5% | -2.9% | ||
| Q2 25 | 28.9% | -0.1% | ||
| Q1 25 | 20.3% | -11.0% | ||
| Q4 24 | 19.9% | — | ||
| Q3 24 | 22.0% | — | ||
| Q2 24 | 24.6% | — | ||
| Q1 24 | 24.1% | — |
| Q4 25 | $1.07 | — | ||
| Q3 25 | $0.69 | $-0.08 | ||
| Q2 25 | $0.69 | — | ||
| Q1 25 | $0.49 | — | ||
| Q4 24 | $0.50 | — | ||
| Q3 24 | $0.54 | — | ||
| 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 | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $439.5M |
| Total DebtLower is stronger | $146.3M | $1.6B |
| Stockholders' EquityBook value | $3.4B | $2.2B |
| Total Assets | $26.6B | $4.4B |
| Debt / EquityLower = less leverage | 0.04× | 0.74× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $439.5M | ||
| Q3 25 | — | $164.4M | ||
| Q2 25 | — | $130.1M | ||
| Q1 25 | — | $155.7M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $146.3M | $1.6B | ||
| Q3 25 | $146.2M | $1.6B | ||
| Q2 25 | $252.0M | $751.3M | ||
| Q1 25 | — | $752.4M | ||
| Q4 24 | $132.2M | — | ||
| Q3 24 | $137.3M | — | ||
| Q2 24 | $383.4M | — | ||
| Q1 24 | $370.8M | — |
| Q4 25 | $3.4B | $2.2B | ||
| Q3 25 | $3.4B | $2.0B | ||
| Q2 25 | $3.4B | $1.2B | ||
| Q1 25 | $3.4B | $1.1B | ||
| Q4 24 | $3.3B | — | ||
| Q3 24 | $3.4B | — | ||
| Q2 24 | $3.2B | — | ||
| Q1 24 | $3.2B | — |
| Q4 25 | $26.6B | $4.4B | ||
| Q3 25 | $27.3B | $4.2B | ||
| Q2 25 | $27.6B | $2.2B | ||
| Q1 25 | $28.3B | $2.2B | ||
| Q4 24 | $29.1B | — | ||
| Q3 24 | $29.6B | — | ||
| Q2 24 | $30.3B | — | ||
| Q1 24 | $30.1B | — |
| Q4 25 | 0.04× | 0.74× | ||
| Q3 25 | 0.04× | 0.83× | ||
| Q2 25 | 0.07× | 0.64× | ||
| Q1 25 | — | 0.67× | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $305.6M | $49.7M |
| Free Cash FlowOCF − Capex | — | $37.1M |
| FCF MarginFCF / Revenue | — | 7.3% |
| Capex IntensityCapex / Revenue | — | 2.5% |
| Cash ConversionOCF / Net Profit | 2.81× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $61.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $305.6M | $49.7M | ||
| Q3 25 | $91.7M | $19.0M | ||
| Q2 25 | $68.1M | $-6.5M | ||
| Q1 25 | $78.5M | $32.8M | ||
| Q4 24 | $355.0M | — | ||
| Q3 24 | $89.9M | — | ||
| Q2 24 | $82.3M | — | ||
| Q1 24 | $87.6M | — |
| Q4 25 | — | $37.1M | ||
| Q3 25 | — | $10.3M | ||
| Q2 25 | — | $-14.5M | ||
| Q1 25 | — | $28.3M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | 7.3% | ||
| Q3 25 | — | 2.2% | ||
| Q2 25 | — | -4.6% | ||
| Q1 25 | — | 12.1% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | 2.5% | ||
| Q3 25 | — | 1.8% | ||
| Q2 25 | — | 2.6% | ||
| Q1 25 | — | 1.9% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| 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
Segment breakdown not available.
TIC
| Consulting Engineering Segment | $300.1M | 59% |
| Geospatial Segment | $131.3M | 26% |
| Fixed Unit Price Contracts | $54.3M | 11% |
| Other | $22.6M | 4% |
