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Side-by-side financial comparison of FIRST MID BANCSHARES, INC. (FMBH) and Travere Therapeutics, Inc. (TVTX). Click either name above to swap in a different company.

Travere Therapeutics, Inc. is the larger business by last-quarter revenue ($129.7M vs $88.2M, roughly 1.5× FIRST MID BANCSHARES, INC.). On growth, Travere Therapeutics, Inc. posted the faster year-over-year revenue change (73.4% vs 3.4%). Over the past eight quarters, Travere Therapeutics, Inc.'s revenue compounded faster (77.0% CAGR vs 5.0%).

First Mid Bancshares Inc. is a U.S.-headquartered regional financial services holding company. It provides full-range retail and commercial banking products, wealth management, insurance solutions, and agricultural financing, mainly serving individual consumers, small and medium-sized enterprises, and agricultural clients across multiple Midwestern states including Illinois, Missouri, and Indiana.

Travere Therapeutics, Inc. is a global biopharmaceutical firm developing and commercializing innovative therapies for patients with rare, serious, life-threatening diseases. Its key segments cover rare nephrology, hepatology and metabolic disorders, serving markets across North America, Europe and other global regions.

FMBH vs TVTX — Head-to-Head

Bigger by revenue
TVTX
TVTX
1.5× larger
TVTX
$129.7M
$88.2M
FMBH
Growing faster (revenue YoY)
TVTX
TVTX
+70.0% gap
TVTX
73.4%
3.4%
FMBH
Faster 2-yr revenue CAGR
TVTX
TVTX
Annualised
TVTX
77.0%
5.0%
FMBH

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FMBH
FMBH
TVTX
TVTX
Revenue
$88.2M
$129.7M
Net Profit
$23.7M
Gross Margin
98.0%
Operating Margin
34.0%
-25.0%
Net Margin
26.8%
Revenue YoY
3.4%
73.4%
Net Profit YoY
23.5%
EPS (diluted)
$0.98
$0.04

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.

Revenue
FMBH
FMBH
TVTX
TVTX
Q4 25
$88.2M
$129.7M
Q3 25
$89.3M
$164.9M
Q2 25
$87.5M
$114.4M
Q1 25
$84.3M
$81.7M
Q4 24
$85.3M
$74.8M
Q3 24
$80.6M
$62.9M
Q2 24
$79.2M
$54.1M
Q1 24
$79.9M
$41.4M
Net Profit
FMBH
FMBH
TVTX
TVTX
Q4 25
$23.7M
Q3 25
$22.5M
$25.7M
Q2 25
$23.4M
$-12.8M
Q1 25
$22.2M
$-41.2M
Q4 24
$19.2M
Q3 24
$19.5M
$-54.8M
Q2 24
$19.7M
$-70.4M
Q1 24
$20.5M
$-136.1M
Gross Margin
FMBH
FMBH
TVTX
TVTX
Q4 25
98.0%
Q3 25
99.0%
Q2 25
98.7%
Q1 25
94.3%
Q4 24
96.6%
Q3 24
97.4%
Q2 24
96.2%
Q1 24
96.4%
Operating Margin
FMBH
FMBH
TVTX
TVTX
Q4 25
34.0%
-25.0%
Q3 25
32.2%
15.1%
Q2 25
34.4%
-11.1%
Q1 25
33.4%
-52.2%
Q4 24
29.7%
-81.2%
Q3 24
31.5%
-89.3%
Q2 24
33.7%
-125.1%
Q1 24
33.7%
-336.5%
Net Margin
FMBH
FMBH
TVTX
TVTX
Q4 25
26.8%
Q3 25
25.2%
15.6%
Q2 25
26.8%
-11.1%
Q1 25
26.3%
-50.4%
Q4 24
22.5%
Q3 24
24.2%
-87.1%
Q2 24
24.9%
-130.1%
Q1 24
25.6%
-328.9%
EPS (diluted)
FMBH
FMBH
TVTX
TVTX
Q4 25
$0.98
$0.04
Q3 25
$0.94
$0.28
Q2 25
$0.98
$-0.14
Q1 25
$0.93
$-0.47
Q4 24
$0.81
$-0.71
Q3 24
$0.81
$-0.70
Q2 24
$0.82
$-0.91
Q1 24
$0.86
$-1.76

Balance Sheet & Financial Strength

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

Metric
FMBH
FMBH
TVTX
TVTX
Cash + ST InvestmentsLiquidity on hand
$93.0M
Total DebtLower is stronger
$354.5M
Stockholders' EquityBook value
$958.7M
$114.8M
Total Assets
$8.0B
$605.2M
Debt / EquityLower = less leverage
0.37×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FMBH
FMBH
TVTX
TVTX
Q4 25
$93.0M
Q3 25
$110.9M
Q2 25
$75.2M
Q1 25
$61.9M
Q4 24
$58.5M
Q3 24
$36.4M
Q2 24
$32.3M
Q1 24
$43.3M
Total Debt
FMBH
FMBH
TVTX
TVTX
Q4 25
$354.5M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
FMBH
FMBH
TVTX
TVTX
Q4 25
$958.7M
$114.8M
Q3 25
$932.2M
$73.6M
Q2 25
$894.1M
$32.7M
Q1 25
$870.9M
$32.8M
Q4 24
$846.4M
$59.1M
Q3 24
$858.5M
$-30.5M
Q2 24
$813.6M
$15.1M
Q1 24
$798.0M
$74.1M
Total Assets
FMBH
FMBH
TVTX
TVTX
Q4 25
$8.0B
$605.2M
Q3 25
$7.8B
$538.6M
Q2 25
$7.7B
$555.3M
Q1 25
$7.6B
$548.8M
Q4 24
$7.5B
$594.1M
Q3 24
$7.6B
$504.4M
Q2 24
$7.6B
$551.1M
Q1 24
$7.7B
$663.5M
Debt / Equity
FMBH
FMBH
TVTX
TVTX
Q4 25
0.37×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FMBH
FMBH
TVTX
TVTX
Operating Cash FlowLast quarter
$130.9M
$60.7M
Free Cash FlowOCF − Capex
$124.0M
FCF MarginFCF / Revenue
140.6%
Capex IntensityCapex / Revenue
7.8%
Cash ConversionOCF / Net Profit
5.53×
TTM Free Cash FlowTrailing 4 quarters
$207.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FMBH
FMBH
TVTX
TVTX
Q4 25
$130.9M
$60.7M
Q3 25
$33.0M
$14.3M
Q2 25
$7.7M
$5.0M
Q1 25
$47.9M
$-42.2M
Q4 24
$124.4M
$-35.7M
Q3 24
$33.1M
$-42.5M
Q2 24
$24.0M
$-40.2M
Q1 24
$29.0M
$-119.0M
Free Cash Flow
FMBH
FMBH
TVTX
TVTX
Q4 25
$124.0M
Q3 25
$31.9M
$14.2M
Q2 25
$6.0M
Q1 25
$46.0M
Q4 24
$119.5M
Q3 24
$32.0M
Q2 24
$22.9M
$-40.3M
Q1 24
$27.6M
FCF Margin
FMBH
FMBH
TVTX
TVTX
Q4 25
140.6%
Q3 25
35.8%
8.6%
Q2 25
6.8%
Q1 25
54.5%
Q4 24
140.0%
Q3 24
39.7%
Q2 24
28.9%
-74.5%
Q1 24
34.5%
Capex Intensity
FMBH
FMBH
TVTX
TVTX
Q4 25
7.8%
Q3 25
1.2%
0.1%
Q2 25
2.0%
Q1 25
2.3%
Q4 24
5.8%
Q3 24
1.4%
0.0%
Q2 24
1.4%
0.2%
Q1 24
1.9%
0.0%
Cash Conversion
FMBH
FMBH
TVTX
TVTX
Q4 25
5.53×
Q3 25
1.47×
0.56×
Q2 25
0.33×
Q1 25
2.16×
Q4 24
6.49×
Q3 24
1.70×
Q2 24
1.21×
Q1 24
1.42×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FMBH
FMBH

Segment breakdown not available.

TVTX
TVTX

FILSPARI$103.3M80%
Tiopronin Products$23.3M18%
License$3.1M2%

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