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Side-by-side financial comparison of H2O AMERICA (HTO) and ServisFirst Bancshares, Inc. (SFBS). Click either name above to swap in a different company.
H2O AMERICA is the larger business by last-quarter revenue ($199.4M vs $159.0M, roughly 1.3× ServisFirst Bancshares, Inc.). ServisFirst Bancshares, Inc. runs the higher net margin — 52.2% vs 8.1%, a 44.1% gap on every dollar of revenue. Over the past eight quarters, ServisFirst Bancshares, Inc.'s revenue compounded faster (17.7% CAGR vs 15.3%).
H2O Wireless is a United States-based prepaid cell phone service, that utilizes the AT&T network. It is a brand of the mobile virtual network operator (MVNO) Locus Telecommunications, a subsidiary of Telrite Holdings, Inc., since 2019. Locus was formerly a subsidiary of KDDI America corporation, starting in 2010. H2O Wireless is primarily advertised as a non-restrictive phone service for customers to bring or buy unlocked smartphones, although AT&T contract/locked phones may be accepted as well.
ServisFirst Bancshares, Inc. is a U.S.-based bank holding company operating full-service banking locations primarily across the Southeastern United States. It offers a full suite of commercial banking, consumer banking, wealth management, and mortgage lending services to small and medium-sized businesses, professional clients, and individual consumers.
HTO vs SFBS — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $199.4M | $159.0M |
| Net Profit | $16.2M | $83.0M |
| Gross Margin | — | — |
| Operating Margin | 16.6% | — |
| Net Margin | 8.1% | 52.2% |
| Revenue YoY | 1.5% | — |
| Net Profit YoY | -29.2% | 31.2% |
| EPS (diluted) | $0.45 | $1.52 |
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 | — | $159.0M | ||
| Q4 25 | $199.4M | $162.2M | ||
| Q3 25 | $243.5M | $136.3M | ||
| Q2 25 | $197.8M | $132.1M | ||
| Q1 25 | $164.9M | $131.8M | ||
| Q4 24 | $196.5M | $131.9M | ||
| Q3 24 | $216.7M | $123.7M | ||
| Q2 24 | $173.1M | $114.8M |
| Q1 26 | — | $83.0M | ||
| Q4 25 | $16.2M | $86.4M | ||
| Q3 25 | $45.1M | $65.6M | ||
| Q2 25 | $24.7M | $61.4M | ||
| Q1 25 | $16.6M | $63.2M | ||
| Q4 24 | $22.9M | $65.2M | ||
| Q3 24 | $38.7M | $59.9M | ||
| Q2 24 | $20.7M | $52.1M |
| Q1 26 | — | — | ||
| Q4 25 | 16.6% | 66.3% | ||
| Q3 25 | 26.5% | 57.8% | ||
| Q2 25 | 22.2% | 58.0% | ||
| Q1 25 | 21.8% | 60.0% | ||
| Q4 24 | 22.2% | 60.2% | ||
| Q3 24 | 26.9% | 58.5% | ||
| Q2 24 | 23.4% | 58.0% |
| Q1 26 | — | 52.2% | ||
| Q4 25 | 8.1% | 59.0% | ||
| Q3 25 | 18.5% | 48.1% | ||
| Q2 25 | 12.5% | 46.5% | ||
| Q1 25 | 10.0% | 48.0% | ||
| Q4 24 | 11.7% | 52.9% | ||
| Q3 24 | 17.8% | 48.4% | ||
| Q2 24 | 12.0% | 45.4% |
| Q1 26 | — | $1.52 | ||
| Q4 25 | $0.45 | $1.58 | ||
| Q3 25 | $1.27 | $1.20 | ||
| Q2 25 | $0.71 | $1.12 | ||
| Q1 25 | $0.49 | $1.16 | ||
| Q4 24 | $0.70 | $1.19 | ||
| Q3 24 | $1.17 | $1.10 | ||
| Q2 24 | $0.64 | $0.95 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $20.7M | $1.8B |
| Total DebtLower is stronger | $1.9B | — |
| Stockholders' EquityBook value | $1.5B | $1.9B |
| Total Assets | $5.1B | $18.2B |
| Debt / EquityLower = less leverage | 1.23× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $1.8B | ||
| Q4 25 | $20.7M | — | ||
| Q3 25 | $11.3M | — | ||
| Q2 25 | $19.8M | — | ||
| Q1 25 | $23.7M | — | ||
| Q4 24 | $11.1M | — | ||
| Q3 24 | $4.0M | — | ||
| Q2 24 | $22.8M | — |
| Q1 26 | — | — | ||
| Q4 25 | $1.9B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $1.9B | ||
| Q4 25 | $1.5B | $1.8B | ||
| Q3 25 | $1.5B | $1.8B | ||
| Q2 25 | $1.5B | $1.7B | ||
| Q1 25 | $1.4B | $1.7B | ||
| Q4 24 | $1.4B | $1.6B | ||
| Q3 24 | $1.3B | $1.6B | ||
| Q2 24 | $1.3B | $1.5B |
| Q1 26 | — | $18.2B | ||
| Q4 25 | $5.1B | $17.7B | ||
| Q3 25 | $5.0B | $17.6B | ||
| Q2 25 | $4.8B | $17.4B | ||
| Q1 25 | $4.7B | $18.6B | ||
| Q4 24 | $4.7B | $17.4B | ||
| Q3 24 | $4.6B | $16.4B | ||
| Q2 24 | $4.4B | $16.0B |
| Q1 26 | — | — | ||
| Q4 25 | 1.23× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.26× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | $63.5M | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 3.92× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $63.5M | $355.2M | ||
| Q3 25 | $77.3M | $140.9M | ||
| Q2 25 | $60.8M | $67.6M | ||
| Q1 25 | $43.2M | $48.0M | ||
| Q4 24 | $41.5M | $252.9M | ||
| Q3 24 | $53.5M | $84.0M | ||
| Q2 24 | $49.3M | $48.3M |
| Q1 26 | — | — | ||
| Q4 25 | 3.92× | 4.11× | ||
| Q3 25 | 1.71× | 2.15× | ||
| Q2 25 | 2.47× | 1.10× | ||
| Q1 25 | 2.61× | 0.76× | ||
| Q4 24 | 1.81× | 3.88× | ||
| Q3 24 | 1.39× | 1.40× | ||
| Q2 24 | 2.38× | 0.93× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HTO
| Water Utility Services | $191.0M | 96% |
| Other | $8.4M | 4% |
SFBS
| Net Interest Income | $148.1M | 93% |
| Noninterest Income | $10.8M | 7% |
