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Side-by-side financial comparison of FIRST MID BANCSHARES, INC. (FMBH) and Vitesse Energy, Inc. (VTS). 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 $58.6M, roughly 1.5× Vitesse Energy, Inc.). FIRST MID BANCSHARES, INC. runs the higher net margin — 26.8% vs -1.3%, a 28.1% gap on every dollar of revenue. On growth, Vitesse Energy, Inc. posted the faster year-over-year revenue change (4.8% vs 3.4%). Over the past eight quarters, FIRST MID BANCSHARES, INC.'s revenue compounded faster (5.0% CAGR vs -2.1%).

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.

Vitesse Energy, Inc. is a U.S.-headquartered independent energy company focused on exploration, development, and production of oil and natural gas assets. It operates primarily in high-potential onshore basins including North Dakota's Williston Basin, serving domestic and global upstream energy market demand.

FMBH vs VTS — Head-to-Head

Bigger by revenue
FMBH
FMBH
1.5× larger
FMBH
$88.2M
$58.6M
VTS
Growing faster (revenue YoY)
VTS
VTS
+1.4% gap
VTS
4.8%
3.4%
FMBH
Higher net margin
FMBH
FMBH
28.1% more per $
FMBH
26.8%
-1.3%
VTS
Faster 2-yr revenue CAGR
FMBH
FMBH
Annualised
FMBH
5.0%
-2.1%
VTS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FMBH
FMBH
VTS
VTS
Revenue
$88.2M
$58.6M
Net Profit
$23.7M
$-739.0K
Gross Margin
Operating Margin
34.0%
-12.0%
Net Margin
26.8%
-1.3%
Revenue YoY
3.4%
4.8%
Net Profit YoY
23.5%
85.6%
EPS (diluted)
$0.98
$-0.01

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
VTS
VTS
Q4 25
$88.2M
$58.6M
Q3 25
$89.3M
$67.4M
Q2 25
$87.5M
$81.8M
Q1 25
$84.3M
$66.2M
Q4 24
$85.3M
$55.9M
Q3 24
$80.6M
$58.3M
Q2 24
$79.2M
$66.6M
Q1 24
$79.9M
$61.2M
Net Profit
FMBH
FMBH
VTS
VTS
Q4 25
$23.7M
$-739.0K
Q3 25
$22.5M
$-1.3M
Q2 25
$23.4M
$24.7M
Q1 25
$22.2M
$2.7M
Q4 24
$19.2M
$-5.1M
Q3 24
$19.5M
$17.4M
Q2 24
$19.7M
$10.9M
Q1 24
$20.5M
$-2.2M
Operating Margin
FMBH
FMBH
VTS
VTS
Q4 25
34.0%
-12.0%
Q3 25
32.2%
0.2%
Q2 25
34.4%
22.8%
Q1 25
33.4%
8.1%
Q4 24
29.7%
3.7%
Q3 24
31.5%
15.4%
Q2 24
33.7%
25.2%
Q1 24
33.7%
21.4%
Net Margin
FMBH
FMBH
VTS
VTS
Q4 25
26.8%
-1.3%
Q3 25
25.2%
-1.9%
Q2 25
26.8%
30.2%
Q1 25
26.3%
4.0%
Q4 24
22.5%
-9.2%
Q3 24
24.2%
29.9%
Q2 24
24.9%
16.4%
Q1 24
25.6%
-3.6%
EPS (diluted)
FMBH
FMBH
VTS
VTS
Q4 25
$0.98
$-0.01
Q3 25
$0.94
$-0.03
Q2 25
$0.98
$0.60
Q1 25
$0.93
$0.08
Q4 24
$0.81
$-0.15
Q3 24
$0.81
$0.53
Q2 24
$0.82
$0.33
Q1 24
$0.86
$-0.07

Balance Sheet & Financial Strength

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

Metric
FMBH
FMBH
VTS
VTS
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$354.5M
Stockholders' EquityBook value
$958.7M
$629.3M
Total Assets
$8.0B
$893.4M
Debt / EquityLower = less leverage
0.37×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FMBH
FMBH
VTS
VTS
Q4 25
Q3 25
Q2 25
Q1 25
$4.5M
Q4 24
$3.0M
Q3 24
Q2 24
Q1 24
Total Debt
FMBH
FMBH
VTS
VTS
Q4 25
$354.5M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
FMBH
FMBH
VTS
VTS
Q4 25
$958.7M
$629.3M
Q3 25
$932.2M
$650.3M
Q2 25
$894.1M
$671.9M
Q1 25
$870.9M
$667.7M
Q4 24
$846.4M
$500.3M
Q3 24
$858.5M
$520.4M
Q2 24
$813.6M
$518.5M
Q1 24
$798.0M
$522.7M
Total Assets
FMBH
FMBH
VTS
VTS
Q4 25
$8.0B
$893.4M
Q3 25
$7.8B
$932.9M
Q2 25
$7.7B
$951.5M
Q1 25
$7.6B
$975.2M
Q4 24
$7.5B
$810.9M
Q3 24
$7.6B
$791.2M
Q2 24
$7.6B
$778.4M
Q1 24
$7.7B
$749.7M
Debt / Equity
FMBH
FMBH
VTS
VTS
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
VTS
VTS
Operating Cash FlowLast quarter
$130.9M
$37.4M
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
VTS
VTS
Q4 25
$130.9M
$37.4M
Q3 25
$33.0M
$49.4M
Q2 25
$7.7M
$66.0M
Q1 25
$47.9M
$17.5M
Q4 24
$124.4M
$34.7M
Q3 24
$33.1M
$45.7M
Q2 24
$24.0M
$35.2M
Q1 24
$29.0M
$39.4M
Free Cash Flow
FMBH
FMBH
VTS
VTS
Q4 25
$124.0M
Q3 25
$31.9M
Q2 25
$6.0M
Q1 25
$46.0M
Q4 24
$119.5M
Q3 24
$32.0M
Q2 24
$22.9M
Q1 24
$27.6M
FCF Margin
FMBH
FMBH
VTS
VTS
Q4 25
140.6%
Q3 25
35.8%
Q2 25
6.8%
Q1 25
54.5%
Q4 24
140.0%
Q3 24
39.7%
Q2 24
28.9%
Q1 24
34.5%
Capex Intensity
FMBH
FMBH
VTS
VTS
Q4 25
7.8%
Q3 25
1.2%
Q2 25
2.0%
Q1 25
2.3%
Q4 24
5.8%
Q3 24
1.4%
Q2 24
1.4%
Q1 24
1.9%
Cash Conversion
FMBH
FMBH
VTS
VTS
Q4 25
5.53×
Q3 25
1.47×
Q2 25
0.33×
2.68×
Q1 25
2.16×
6.56×
Q4 24
6.49×
Q3 24
1.70×
2.62×
Q2 24
1.21×
3.22×
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.

VTS
VTS

Oil Reserves$54.5M93%
Natural Gas Reserves$4.2M7%

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