vs
Side-by-side financial comparison of FINANCIAL INSTITUTIONS INC (FISI) and RE/MAX Holdings, Inc. (RMAX). Click either name above to swap in a different company.
RE/MAX Holdings, Inc. is the larger business by last-quarter revenue ($71.1M vs $62.7M, roughly 1.1× FINANCIAL INSTITUTIONS INC). FINANCIAL INSTITUTIONS INC runs the higher net margin — 33.5% vs 2.0%, a 31.5% gap on every dollar of revenue. Over the past eight quarters, FINANCIAL INSTITUTIONS INC's revenue compounded faster (-2.0% CAGR vs -4.7%).
The Mizuho Financial Group, Inc. , known from 2000 to 2003 as Mizuho Holdings and abbreviated as MHFG or simply Mizuho, is a Japanese banking holding company headquartered in the Ōtemachi district of Chiyoda, Tokyo, Japan. The group was formed in 2000–2002 by merger of Dai-Ichi Kangyo Bank, Fuji Bank, and Industrial Bank of Japan. The name mizuho (瑞穂) literally means "abundant rice" in Japanese and "harvest" in the figurative sense.
RE/MAX is an international real estate franchise operating in over 100 countries and territories that, in 2015, had over 100,000 agents in 6,800 offices.
FISI vs RMAX — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $62.7M | $71.1M |
| Net Profit | $21.0M | $1.4M |
| Gross Margin | — | — |
| Operating Margin | — | 13.1% |
| Net Margin | 33.5% | 2.0% |
| Revenue YoY | — | -1.8% |
| Net Profit YoY | 24.3% | -75.2% |
| EPS (diluted) | $1.04 | — |
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.
| Q1 26 | $62.7M | — | ||
| Q4 25 | $64.1M | $71.1M | ||
| Q3 25 | $63.8M | $73.2M | ||
| Q2 25 | $59.7M | $72.8M | ||
| Q1 25 | $57.2M | $74.5M | ||
| Q4 24 | $41.6M | $72.5M | ||
| Q3 24 | $50.1M | $78.5M | ||
| Q2 24 | $65.2M | $78.5M |
| Q1 26 | $21.0M | — | ||
| Q4 25 | $20.0M | $1.4M | ||
| Q3 25 | $20.5M | $4.0M | ||
| Q2 25 | $17.5M | $4.7M | ||
| Q1 25 | $16.9M | $-2.0M | ||
| Q4 24 | $-82.8M | $5.8M | ||
| Q3 24 | $13.5M | $966.0K | ||
| Q2 24 | $25.6M | $3.7M |
| Q1 26 | — | — | ||
| Q4 25 | 37.4% | 13.1% | ||
| Q3 25 | 39.5% | 25.0% | ||
| Q2 25 | 36.0% | 19.3% | ||
| Q1 25 | 36.0% | 7.2% | ||
| Q4 24 | -276.9% | 5.9% | ||
| Q3 24 | 29.0% | 19.4% | ||
| Q2 24 | 46.2% | 20.6% |
| Q1 26 | 33.5% | — | ||
| Q4 25 | 38.3% | 2.0% | ||
| Q3 25 | 32.1% | 5.4% | ||
| Q2 25 | 29.3% | 6.4% | ||
| Q1 25 | 29.5% | -2.6% | ||
| Q4 24 | -198.9% | 8.0% | ||
| Q3 24 | 26.9% | 1.2% | ||
| Q2 24 | 39.3% | 4.7% |
| Q1 26 | $1.04 | — | ||
| Q4 25 | $0.96 | — | ||
| Q3 25 | $0.99 | — | ||
| Q2 25 | $0.85 | — | ||
| Q1 25 | $0.81 | — | ||
| Q4 24 | $-5.32 | — | ||
| Q3 24 | $0.84 | — | ||
| Q2 24 | $1.62 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $85.5M | $118.7M |
| Total DebtLower is stronger | $114.0M | $432.2M |
| Stockholders' EquityBook value | — | $452.4M |
| Total Assets | $6.3B | $582.5M |
| Debt / EquityLower = less leverage | — | 0.96× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $85.5M | — | ||
| Q4 25 | $108.8M | $118.7M | ||
| Q3 25 | $185.9M | $107.5M | ||
| Q2 25 | $93.0M | $94.3M | ||
| Q1 25 | $167.4M | $89.1M | ||
| Q4 24 | $87.3M | $96.6M | ||
| Q3 24 | — | $83.8M | ||
| Q2 24 | — | $66.1M |
| Q1 26 | $114.0M | — | ||
| Q4 25 | $193.7M | $432.2M | ||
| Q3 25 | $115.0M | $433.3M | ||
| Q2 25 | $115.0M | $434.4M | ||
| Q1 25 | $124.9M | $435.3M | ||
| Q4 24 | $124.8M | $436.2M | ||
| Q3 24 | $124.8M | $437.2M | ||
| Q2 24 | $124.7M | $438.1M |
| Q1 26 | — | — | ||
| Q4 25 | $628.9M | $452.4M | ||
| Q3 25 | $621.7M | $448.1M | ||
| Q2 25 | $601.7M | $442.4M | ||
| Q1 25 | $589.9M | $433.5M | ||
| Q4 24 | $569.0M | $429.5M | ||
| Q3 24 | $500.3M | $423.1M | ||
| Q2 24 | $467.7M | $418.4M |
| Q1 26 | $6.3B | — | ||
| Q4 25 | $6.3B | $582.5M | ||
| Q3 25 | $6.3B | $582.2M | ||
| Q2 25 | $6.1B | $574.8M | ||
| Q1 25 | $6.3B | $571.4M | ||
| Q4 24 | $6.1B | $581.6M | ||
| Q3 24 | $6.2B | $578.6M | ||
| Q2 24 | $6.1B | $571.4M |
| Q1 26 | — | — | ||
| Q4 25 | 0.31× | 0.96× | ||
| Q3 25 | 0.18× | 0.97× | ||
| Q2 25 | 0.19× | 0.98× | ||
| Q1 25 | 0.21× | 1.00× | ||
| Q4 24 | 0.22× | 1.02× | ||
| Q3 24 | 0.25× | 1.03× | ||
| Q2 24 | 0.27× | 1.05× |
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 | — | $40.9M |
| Free Cash FlowOCF − Capex | — | $33.5M |
| FCF MarginFCF / Revenue | — | 47.1% |
| Capex IntensityCapex / Revenue | — | 10.4% |
| Cash ConversionOCF / Net Profit | — | 28.39× |
| TTM Free Cash FlowTrailing 4 quarters | — | $56.8M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $18.8M | $40.9M | ||
| Q3 25 | $-6.9M | $17.7M | ||
| Q2 25 | $-5.7M | $4.6M | ||
| Q1 25 | $10.0M | $5.7M | ||
| Q4 24 | $77.1M | $59.7M | ||
| Q3 24 | $2.1M | $17.6M | ||
| Q2 24 | $35.7M | $15.9M |
| Q1 26 | — | — | ||
| Q4 25 | $13.3M | $33.5M | ||
| Q3 25 | $-7.9M | $16.4M | ||
| Q2 25 | $-7.3M | $2.9M | ||
| Q1 25 | $9.2M | $4.0M | ||
| Q4 24 | $72.2M | $53.0M | ||
| Q3 24 | $-299.0K | $16.3M | ||
| Q2 24 | $34.7M | $14.0M |
| Q1 26 | — | — | ||
| Q4 25 | 20.7% | 47.1% | ||
| Q3 25 | -12.4% | 22.4% | ||
| Q2 25 | -12.3% | 4.0% | ||
| Q1 25 | 16.1% | 5.3% | ||
| Q4 24 | 173.3% | 73.2% | ||
| Q3 24 | -0.6% | 20.8% | ||
| Q2 24 | 53.3% | 17.8% |
| Q1 26 | — | — | ||
| Q4 25 | 8.7% | 10.4% | ||
| Q3 25 | 1.6% | 1.8% | ||
| Q2 25 | 2.7% | 2.2% | ||
| Q1 25 | 1.4% | 2.3% | ||
| Q4 24 | 11.9% | 9.1% | ||
| Q3 24 | 4.9% | 1.7% | ||
| Q2 24 | 1.5% | 2.4% |
| Q1 26 | — | — | ||
| Q4 25 | 0.94× | 28.39× | ||
| Q3 25 | -0.34× | 4.45× | ||
| Q2 25 | -0.33× | 0.97× | ||
| Q1 25 | 0.59× | — | ||
| Q4 24 | — | 10.28× | ||
| Q3 24 | 0.16× | 18.22× | ||
| Q2 24 | 1.39× | 4.29× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FISI
| Net Interest Income | $52.0M | 83% |
| Noninterest Income | $10.7M | 17% |
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
