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Side-by-side financial comparison of COLONY BANKCORP INC (CBAN) and MITEK SYSTEMS INC (MITK). Click either name above to swap in a different company.

MITEK SYSTEMS INC is the larger business by last-quarter revenue ($44.2M vs $39.9M, roughly 1.1× COLONY BANKCORP INC). COLONY BANKCORP INC runs the higher net margin — 20.6% vs 6.3%, a 14.3% gap on every dollar of revenue. Over the past eight quarters, COLONY BANKCORP INC's revenue compounded faster (19.6% CAGR vs -2.9%).

Colony Bankcorp Inc is a US-based bank holding company that operates Colony Bank. It provides a full suite of personal and commercial banking services including deposit accounts, consumer and business loans, mortgage services, and wealth management solutions, primarily serving retail customers and small-to-medium enterprises across the state of Georgia.

Mitek Systems, Inc. is a software company that specializes in digital identity verification and mobile image processing using artificial intelligence. The company's software is used for depositing checks and opening bank accounts via mobile devices. It also verifies identity documents such as passports, ID cards, and driver's licenses by analyzing a selfie of an individual holding their ID, comparing their face to the photo on the document.

CBAN vs MITK — Head-to-Head

Bigger by revenue
MITK
MITK
1.1× larger
MITK
$44.2M
$39.9M
CBAN
Higher net margin
CBAN
CBAN
14.3% more per $
CBAN
20.6%
6.3%
MITK
Faster 2-yr revenue CAGR
CBAN
CBAN
Annualised
CBAN
19.6%
-2.9%
MITK

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
CBAN
CBAN
MITK
MITK
Revenue
$39.9M
$44.2M
Net Profit
$8.2M
$2.8M
Gross Margin
Operating Margin
12.3%
Net Margin
20.6%
6.3%
Revenue YoY
18.8%
Net Profit YoY
24.1%
160.1%
EPS (diluted)
$0.06

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
CBAN
CBAN
MITK
MITK
Q1 26
$39.9M
Q4 25
$36.9M
$44.2M
Q3 25
$32.8M
$44.8M
Q2 25
$32.5M
$45.7M
Q1 25
$30.0M
$51.9M
Q4 24
$30.8M
$37.3M
Q3 24
$28.6M
$43.2M
Q2 24
$27.9M
$45.0M
Net Profit
CBAN
CBAN
MITK
MITK
Q1 26
$8.2M
Q4 25
$2.8M
Q3 25
$5.8M
$1.9M
Q2 25
$8.0M
$2.4M
Q1 25
$6.6M
$9.2M
Q4 24
$-4.6M
Q3 24
$5.6M
$8.6M
Q2 24
$5.5M
$216.0K
Operating Margin
CBAN
CBAN
MITK
MITK
Q1 26
Q4 25
25.9%
12.3%
Q3 25
22.2%
10.5%
Q2 25
30.9%
8.3%
Q1 25
27.6%
21.9%
Q4 24
28.8%
-8.3%
Q3 24
24.6%
17.8%
Q2 24
24.8%
1.6%
Net Margin
CBAN
CBAN
MITK
MITK
Q1 26
20.6%
Q4 25
6.3%
Q3 25
17.7%
4.2%
Q2 25
24.6%
5.2%
Q1 25
22.0%
17.6%
Q4 24
-12.4%
Q3 24
19.7%
19.8%
Q2 24
19.6%
0.5%
EPS (diluted)
CBAN
CBAN
MITK
MITK
Q1 26
Q4 25
$0.42
$0.06
Q3 25
$0.33
$0.04
Q2 25
$0.46
$0.05
Q1 25
$0.38
$0.20
Q4 24
$0.43
$-0.10
Q3 24
$0.32
$0.19
Q2 24
$0.31
$0.00

Balance Sheet & Financial Strength

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

Metric
CBAN
CBAN
MITK
MITK
Cash + ST InvestmentsLiquidity on hand
$295.8M
$190.1M
Total DebtLower is stronger
$4.8M
Stockholders' EquityBook value
$380.4M
$233.7M
Total Assets
$3.7B
$446.5M
Debt / EquityLower = less leverage
0.02×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CBAN
CBAN
MITK
MITK
Q1 26
$295.8M
Q4 25
$190.1M
Q3 25
$193.0M
Q2 25
$167.1M
Q1 25
$136.2M
Q4 24
$121.2M
Q3 24
$130.3M
Q2 24
$123.1M
Total Debt
CBAN
CBAN
MITK
MITK
Q1 26
Q4 25
$258.1M
$4.8M
Q3 25
$4.3M
Q2 25
Q1 25
Q4 24
$248.0M
Q3 24
$2.7M
Q2 24
Stockholders' Equity
CBAN
CBAN
MITK
MITK
Q1 26
$380.4M
Q4 25
$375.9M
$233.7M
Q3 25
$302.3M
$240.3M
Q2 25
$293.9M
$237.6M
Q1 25
$286.9M
$220.2M
Q4 24
$278.7M
$200.9M
Q3 24
$276.1M
$214.8M
Q2 24
$264.7M
$209.6M
Total Assets
CBAN
CBAN
MITK
MITK
Q1 26
$3.7B
Q4 25
$3.7B
$446.5M
Q3 25
$3.2B
$459.1M
Q2 25
$3.1B
$446.7M
Q1 25
$3.2B
$425.3M
Q4 24
$3.1B
$396.0M
Q3 24
$3.1B
$413.8M
Q2 24
$3.0B
$409.2M
Debt / Equity
CBAN
CBAN
MITK
MITK
Q1 26
Q4 25
0.69×
0.02×
Q3 25
0.02×
Q2 25
Q1 25
Q4 24
0.89×
Q3 24
0.01×
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
CBAN
CBAN
MITK
MITK
Operating Cash FlowLast quarter
$8.0M
Free Cash FlowOCF − Capex
$6.6M
FCF MarginFCF / Revenue
14.9%
Capex IntensityCapex / Revenue
3.2%
Cash ConversionOCF / Net Profit
2.89×
TTM Free Cash FlowTrailing 4 quarters
$60.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CBAN
CBAN
MITK
MITK
Q1 26
Q4 25
$-5.5M
$8.0M
Q3 25
$14.4M
$19.5M
Q2 25
$15.8M
$21.6M
Q1 25
$17.9M
$13.7M
Q4 24
$23.4M
$565.0K
Q3 24
$20.5M
$21.1M
Q2 24
$1.1M
$13.0M
Free Cash Flow
CBAN
CBAN
MITK
MITK
Q1 26
Q4 25
$-6.9M
$6.6M
Q3 25
$14.1M
$19.2M
Q2 25
$15.8M
$21.2M
Q1 25
$17.6M
$13.5M
Q4 24
$22.3M
$230.0K
Q3 24
$20.2M
$20.8M
Q2 24
$990.0K
$12.6M
FCF Margin
CBAN
CBAN
MITK
MITK
Q1 26
Q4 25
-18.7%
14.9%
Q3 25
42.9%
42.9%
Q2 25
48.5%
46.5%
Q1 25
58.7%
26.0%
Q4 24
72.5%
0.6%
Q3 24
70.6%
48.2%
Q2 24
3.5%
27.9%
Capex Intensity
CBAN
CBAN
MITK
MITK
Q1 26
Q4 25
3.7%
3.2%
Q3 25
1.1%
0.6%
Q2 25
0.3%
0.7%
Q1 25
1.2%
0.4%
Q4 24
3.5%
0.9%
Q3 24
1.0%
0.7%
Q2 24
0.5%
1.0%
Cash Conversion
CBAN
CBAN
MITK
MITK
Q1 26
Q4 25
2.89×
Q3 25
2.48×
10.46×
Q2 25
1.99×
9.00×
Q1 25
2.71×
1.50×
Q4 24
Q3 24
3.64×
2.46×
Q2 24
0.20×
60.12×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CBAN
CBAN

Net Interest Income$29.2M73%
Noninterest Income$10.7M27%

MITK
MITK

Fraud And Identity Solutions$25.5M58%
License$13.9M31%
Fraud And Identity Solutions Software License And Support$3.9M9%
Professional Services And Other$1.2M3%

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