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Side-by-side financial comparison of FIRST MID BANCSHARES, INC. (FMBH) and VINCE HOLDING CORP. (VNCE). Click either name above to swap in a different company.

FIRST MID BANCSHARES, INC. is the larger business by last-quarter revenue ($88.2M vs $85.1M, roughly 1.0× VINCE HOLDING CORP.). FIRST MID BANCSHARES, INC. runs the higher net margin — 26.8% vs 3.2%, a 23.6% gap on every dollar of revenue. On growth, VINCE HOLDING CORP. posted the faster year-over-year revenue change (6.2% vs 3.4%). FIRST MID BANCSHARES, INC. produced more free cash flow last quarter ($124.0M vs $-5.7M). Over the past eight quarters, VINCE HOLDING CORP.'s revenue compounded faster (6.3% 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.

VINCE. is a contemporary clothing fashion brand founded in 2002. In 2023 Authentic Brands Group purchased its intellectual property in a $76.5 million deal.

FMBH vs VNCE — Head-to-Head

Bigger by revenue
FMBH
FMBH
1.0× larger
FMBH
$88.2M
$85.1M
VNCE
Growing faster (revenue YoY)
VNCE
VNCE
+2.8% gap
VNCE
6.2%
3.4%
FMBH
Higher net margin
FMBH
FMBH
23.6% more per $
FMBH
26.8%
3.2%
VNCE
More free cash flow
FMBH
FMBH
$129.7M more FCF
FMBH
$124.0M
$-5.7M
VNCE
Faster 2-yr revenue CAGR
VNCE
VNCE
Annualised
VNCE
6.3%
5.0%
FMBH

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
FMBH
FMBH
VNCE
VNCE
Revenue
$88.2M
$85.1M
Net Profit
$23.7M
$2.7M
Gross Margin
49.2%
Operating Margin
34.0%
6.4%
Net Margin
26.8%
3.2%
Revenue YoY
3.4%
6.2%
Net Profit YoY
23.5%
-37.3%
EPS (diluted)
$0.98
$0.21

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
VNCE
VNCE
Q4 25
$88.2M
$85.1M
Q3 25
$89.3M
$73.2M
Q2 25
$87.5M
$57.9M
Q1 25
$84.3M
$80.0M
Q4 24
$85.3M
$80.2M
Q3 24
$80.6M
$74.2M
Q2 24
$79.2M
$59.2M
Q1 24
$79.9M
$75.3M
Net Profit
FMBH
FMBH
VNCE
VNCE
Q4 25
$23.7M
$2.7M
Q3 25
$22.5M
$12.1M
Q2 25
$23.4M
$-4.8M
Q1 25
$22.2M
$-28.3M
Q4 24
$19.2M
$4.3M
Q3 24
$19.5M
$569.0K
Q2 24
$19.7M
$4.4M
Q1 24
$20.5M
$-4.7M
Gross Margin
FMBH
FMBH
VNCE
VNCE
Q4 25
49.2%
Q3 25
50.4%
Q2 25
50.3%
Q1 25
50.1%
Q4 24
50.0%
Q3 24
47.4%
Q2 24
50.6%
Q1 24
45.4%
Operating Margin
FMBH
FMBH
VNCE
VNCE
Q4 25
34.0%
6.4%
Q3 25
32.2%
15.2%
Q2 25
34.4%
-7.7%
Q1 25
33.4%
-37.1%
Q4 24
29.7%
7.2%
Q3 24
31.5%
1.5%
Q2 24
33.7%
9.5%
Q1 24
33.7%
-2.2%
Net Margin
FMBH
FMBH
VNCE
VNCE
Q4 25
26.8%
3.2%
Q3 25
25.2%
16.5%
Q2 25
26.8%
-8.3%
Q1 25
26.3%
-35.5%
Q4 24
22.5%
5.4%
Q3 24
24.2%
0.8%
Q2 24
24.9%
7.4%
Q1 24
25.6%
-6.2%
EPS (diluted)
FMBH
FMBH
VNCE
VNCE
Q4 25
$0.98
$0.21
Q3 25
$0.94
$0.93
Q2 25
$0.98
$-0.37
Q1 25
$0.93
$-2.25
Q4 24
$0.81
$0.34
Q3 24
$0.81
$0.05
Q2 24
$0.82
$0.35
Q1 24
$0.86
$-0.37

Balance Sheet & Financial Strength

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

Metric
FMBH
FMBH
VNCE
VNCE
Cash + ST InvestmentsLiquidity on hand
$1.1M
Total DebtLower is stronger
$354.5M
Stockholders' EquityBook value
$958.7M
$53.4M
Total Assets
$8.0B
$246.0M
Debt / EquityLower = less leverage
0.37×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FMBH
FMBH
VNCE
VNCE
Q4 25
$1.1M
Q3 25
$777.0K
Q2 25
$2.6M
Q1 25
$607.0K
Q4 24
$892.0K
Q3 24
$711.0K
Q2 24
$739.0K
Q1 24
$357.0K
Total Debt
FMBH
FMBH
VNCE
VNCE
Q4 25
$354.5M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
FMBH
FMBH
VNCE
VNCE
Q4 25
$958.7M
$53.4M
Q3 25
$932.2M
$49.3M
Q2 25
$894.1M
$37.2M
Q1 25
$870.9M
$41.8M
Q4 24
$846.4M
$57.1M
Q3 24
$858.5M
$52.4M
Q2 24
$813.6M
$51.7M
Q1 24
$798.0M
$47.2M
Total Assets
FMBH
FMBH
VNCE
VNCE
Q4 25
$8.0B
$246.0M
Q3 25
$7.8B
$239.0M
Q2 25
$7.7B
$218.0M
Q1 25
$7.6B
$222.7M
Q4 24
$7.5B
$254.7M
Q3 24
$7.6B
$253.6M
Q2 24
$7.6B
$223.1M
Q1 24
$7.7B
$225.1M
Debt / Equity
FMBH
FMBH
VNCE
VNCE
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
VNCE
VNCE
Operating Cash FlowLast quarter
$130.9M
$-5.1M
Free Cash FlowOCF − Capex
$124.0M
$-5.7M
FCF MarginFCF / Revenue
140.6%
-6.7%
Capex IntensityCapex / Revenue
7.8%
0.7%
Cash ConversionOCF / Net Profit
5.53×
-1.86×
TTM Free Cash FlowTrailing 4 quarters
$207.9M
$4.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FMBH
FMBH
VNCE
VNCE
Q4 25
$130.9M
$-5.1M
Q3 25
$33.0M
$4.2M
Q2 25
$7.7M
$-11.8M
Q1 25
$47.9M
$22.7M
Q4 24
$124.4M
$6.4M
Q3 24
$33.1M
$-3.2M
Q2 24
$24.0M
$-3.9M
Q1 24
$29.0M
$14.8M
Free Cash Flow
FMBH
FMBH
VNCE
VNCE
Q4 25
$124.0M
$-5.7M
Q3 25
$31.9M
$2.1M
Q2 25
$6.0M
$-13.2M
Q1 25
$46.0M
$21.2M
Q4 24
$119.5M
$5.1M
Q3 24
$32.0M
$-3.9M
Q2 24
$22.9M
$-4.6M
Q1 24
$27.6M
$14.2M
FCF Margin
FMBH
FMBH
VNCE
VNCE
Q4 25
140.6%
-6.7%
Q3 25
35.8%
2.9%
Q2 25
6.8%
-22.9%
Q1 25
54.5%
26.5%
Q4 24
140.0%
6.4%
Q3 24
39.7%
-5.2%
Q2 24
28.9%
-7.8%
Q1 24
34.5%
18.9%
Capex Intensity
FMBH
FMBH
VNCE
VNCE
Q4 25
7.8%
0.7%
Q3 25
1.2%
2.9%
Q2 25
2.0%
2.5%
Q1 25
2.3%
1.9%
Q4 24
5.8%
1.6%
Q3 24
1.4%
0.9%
Q2 24
1.4%
1.3%
Q1 24
1.9%
0.7%
Cash Conversion
FMBH
FMBH
VNCE
VNCE
Q4 25
5.53×
-1.86×
Q3 25
1.47×
0.35×
Q2 25
0.33×
Q1 25
2.16×
Q4 24
6.49×
1.48×
Q3 24
1.70×
-5.61×
Q2 24
1.21×
-0.89×
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.

VNCE
VNCE

Vince Wholesale$52.0M61%
Vince Direct To Consumer$33.1M39%

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