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

Via Renewables, Inc. is the larger business by last-quarter revenue ($127.8M vs $88.2M, roughly 1.4× FIRST MID BANCSHARES, INC.). FIRST MID BANCSHARES, INC. runs the higher net margin — 26.8% vs 5.4%, a 21.5% gap on every dollar of revenue. On growth, Via Renewables, Inc. posted the faster year-over-year revenue change (22.5% vs 3.4%). FIRST MID BANCSHARES, INC. produced more free cash flow last quarter ($124.0M vs $-4.8M). Over the past eight quarters, Via Renewables, Inc.'s revenue compounded faster (5.9% 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.

EDF Power Solutions is a wholly owned subsidiary of the French utility EDF Group, specializing in renewable energy production. As an integrated operator, the Group develops and finances the construction of renewable energy facilities, and manages operations and maintenance for its own account and for third parties.

FMBH vs VIASP — Head-to-Head

Bigger by revenue
VIASP
VIASP
1.4× larger
VIASP
$127.8M
$88.2M
FMBH
Growing faster (revenue YoY)
VIASP
VIASP
+19.1% gap
VIASP
22.5%
3.4%
FMBH
Higher net margin
FMBH
FMBH
21.5% more per $
FMBH
26.8%
5.4%
VIASP
More free cash flow
FMBH
FMBH
$128.8M more FCF
FMBH
$124.0M
$-4.8M
VIASP
Faster 2-yr revenue CAGR
VIASP
VIASP
Annualised
VIASP
5.9%
5.0%
FMBH

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FMBH
FMBH
VIASP
VIASP
Revenue
$88.2M
$127.8M
Net Profit
$23.7M
$6.9M
Gross Margin
34.4%
Operating Margin
34.0%
15.2%
Net Margin
26.8%
5.4%
Revenue YoY
3.4%
22.5%
Net Profit YoY
23.5%
-30.9%
EPS (diluted)
$0.98
$1.19

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
VIASP
VIASP
Q4 25
$88.2M
$127.8M
Q3 25
$89.3M
$103.3M
Q2 25
$87.5M
$90.0M
Q1 25
$84.3M
$142.3M
Q4 24
$85.3M
$104.3M
Q3 24
$80.6M
$93.8M
Q2 24
$79.2M
$86.7M
Q1 24
$79.9M
$114.1M
Net Profit
FMBH
FMBH
VIASP
VIASP
Q4 25
$23.7M
$6.9M
Q3 25
$22.5M
$757.0K
Q2 25
$23.4M
$2.7M
Q1 25
$22.2M
$8.8M
Q4 24
$19.2M
$9.9M
Q3 24
$19.5M
$2.1M
Q2 24
$19.7M
$7.6M
Q1 24
$20.5M
$8.6M
Gross Margin
FMBH
FMBH
VIASP
VIASP
Q4 25
34.4%
Q3 25
23.1%
Q2 25
30.0%
Q1 25
32.9%
Q4 24
51.9%
Q3 24
26.8%
Q2 24
50.4%
Q1 24
39.5%
Operating Margin
FMBH
FMBH
VIASP
VIASP
Q4 25
34.0%
15.2%
Q3 25
32.2%
3.1%
Q2 25
34.4%
6.7%
Q1 25
33.4%
17.5%
Q4 24
29.7%
31.5%
Q3 24
31.5%
5.3%
Q2 24
33.7%
23.8%
Q1 24
33.7%
22.6%
Net Margin
FMBH
FMBH
VIASP
VIASP
Q4 25
26.8%
5.4%
Q3 25
25.2%
0.7%
Q2 25
26.8%
3.0%
Q1 25
26.3%
6.2%
Q4 24
22.5%
9.5%
Q3 24
24.2%
2.3%
Q2 24
24.9%
8.8%
Q1 24
25.6%
7.5%
EPS (diluted)
FMBH
FMBH
VIASP
VIASP
Q4 25
$0.98
$1.19
Q3 25
$0.94
$-0.41
Q2 25
$0.98
$0.09
Q1 25
$0.93
$1.83
Q4 24
$0.81
$2.33
Q3 24
$0.81
$-0.17
Q2 24
$0.82
$1.51
Q1 24
$0.86
$1.81

Balance Sheet & Financial Strength

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

Metric
FMBH
FMBH
VIASP
VIASP
Cash + ST InvestmentsLiquidity on hand
$41.8M
Total DebtLower is stronger
$354.5M
$120.0M
Stockholders' EquityBook value
$958.7M
$67.7M
Total Assets
$8.0B
$331.3M
Debt / EquityLower = less leverage
0.37×
1.77×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FMBH
FMBH
VIASP
VIASP
Q4 25
$41.8M
Q3 25
$53.6M
Q2 25
$62.1M
Q1 25
$64.7M
Q4 24
$53.1M
Q3 24
$66.6M
Q2 24
$53.6M
Q1 24
$50.4M
Total Debt
FMBH
FMBH
VIASP
VIASP
Q4 25
$354.5M
$120.0M
Q3 25
$105.0M
Q2 25
$100.0M
Q1 25
$101.0M
Q4 24
$106.0M
Q3 24
$89.0M
Q2 24
$93.0M
Q1 24
$91.0M
Stockholders' Equity
FMBH
FMBH
VIASP
VIASP
Q4 25
$958.7M
$67.7M
Q3 25
$932.2M
$63.7M
Q2 25
$894.1M
$68.2M
Q1 25
$870.9M
$72.7M
Q4 24
$846.4M
$66.7M
Q3 24
$858.5M
$58.2M
Q2 24
$813.6M
$58.3M
Q1 24
$798.0M
$53.2M
Total Assets
FMBH
FMBH
VIASP
VIASP
Q4 25
$8.0B
$331.3M
Q3 25
$7.8B
$304.8M
Q2 25
$7.7B
$316.3M
Q1 25
$7.6B
$347.4M
Q4 24
$7.5B
$344.9M
Q3 24
$7.6B
$298.4M
Q2 24
$7.6B
$299.7M
Q1 24
$7.7B
$302.7M
Debt / Equity
FMBH
FMBH
VIASP
VIASP
Q4 25
0.37×
1.77×
Q3 25
1.65×
Q2 25
1.47×
Q1 25
1.39×
Q4 24
1.59×
Q3 24
1.53×
Q2 24
1.60×
Q1 24
1.71×

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
VIASP
VIASP
Operating Cash FlowLast quarter
$130.9M
$-4.2M
Free Cash FlowOCF − Capex
$124.0M
$-4.8M
FCF MarginFCF / Revenue
140.6%
-3.7%
Capex IntensityCapex / Revenue
7.8%
0.4%
Cash ConversionOCF / Net Profit
5.53×
-0.61×
TTM Free Cash FlowTrailing 4 quarters
$207.9M
$39.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FMBH
FMBH
VIASP
VIASP
Q4 25
$130.9M
$-4.2M
Q3 25
$33.0M
$2.4M
Q2 25
$7.7M
$19.0M
Q1 25
$47.9M
$24.9M
Q4 24
$124.4M
$2.0M
Q3 24
$33.1M
$20.1M
Q2 24
$24.0M
$11.2M
Q1 24
$29.0M
$17.1M
Free Cash Flow
FMBH
FMBH
VIASP
VIASP
Q4 25
$124.0M
$-4.8M
Q3 25
$31.9M
$1.9M
Q2 25
$6.0M
$18.4M
Q1 25
$46.0M
$23.5M
Q4 24
$119.5M
$1.6M
Q3 24
$32.0M
$19.7M
Q2 24
$22.9M
$10.9M
Q1 24
$27.6M
$16.6M
FCF Margin
FMBH
FMBH
VIASP
VIASP
Q4 25
140.6%
-3.7%
Q3 25
35.8%
1.9%
Q2 25
6.8%
20.5%
Q1 25
54.5%
16.5%
Q4 24
140.0%
1.5%
Q3 24
39.7%
21.0%
Q2 24
28.9%
12.6%
Q1 24
34.5%
14.6%
Capex Intensity
FMBH
FMBH
VIASP
VIASP
Q4 25
7.8%
0.4%
Q3 25
1.2%
0.4%
Q2 25
2.0%
0.6%
Q1 25
2.3%
1.0%
Q4 24
5.8%
0.4%
Q3 24
1.4%
0.4%
Q2 24
1.4%
0.3%
Q1 24
1.9%
0.4%
Cash Conversion
FMBH
FMBH
VIASP
VIASP
Q4 25
5.53×
-0.61×
Q3 25
1.47×
3.12×
Q2 25
0.33×
6.94×
Q1 25
2.16×
2.84×
Q4 24
6.49×
0.20×
Q3 24
1.70×
9.41×
Q2 24
1.21×
1.47×
Q1 24
1.42×
2.00×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FMBH
FMBH

Segment breakdown not available.

VIASP
VIASP

Retail Electricity$79.7M62%
Retail Natural Gas$48.9M38%

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