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Side-by-side financial comparison of CB Financial Services, Inc. (CBFV) and FiscalNote Holdings, Inc. (NOTE). Click either name above to swap in a different company.

FiscalNote Holdings, Inc. is the larger business by last-quarter revenue ($22.2M vs $13.8M, roughly 1.6× CB Financial Services, Inc.). On growth, CB Financial Services, Inc. posted the faster year-over-year revenue change (19.9% vs -24.7%). CB Financial Services, Inc. produced more free cash flow last quarter ($17.2M vs $-1.9M). Over the past eight quarters, CB Financial Services, Inc.'s revenue compounded faster (1.2% CAGR vs -16.8%).

CB Bank is one of Myanmar's largest commercial banks. It became the first bank in Myanmar to issue ATM cards and credit cards. The bank, led by U Khin Maung Aye (Chairman) and U Kyaw Thu Ko (CEO) has over 245 branches across the country.

FiscalNote Holdings, Inc., or commonly FiscalNote, is a publicly traded software, data, and media company headquartered in Washington, D.C. The company was founded by Timothy Hwang, Gerald Yao, and Jonathan Chen in 2013. FiscalNote provides software tools, platforms, data services, and news through the FiscalNote Government Relationship Management (GRM) service, its core product. The company also uses an artificial intelligence platform to analyze proposed U.S. legislation based on key phrase...

CBFV vs NOTE — Head-to-Head

Bigger by revenue
NOTE
NOTE
1.6× larger
NOTE
$22.2M
$13.8M
CBFV
Growing faster (revenue YoY)
CBFV
CBFV
+44.5% gap
CBFV
19.9%
-24.7%
NOTE
More free cash flow
CBFV
CBFV
$19.1M more FCF
CBFV
$17.2M
$-1.9M
NOTE
Faster 2-yr revenue CAGR
CBFV
CBFV
Annualised
CBFV
1.2%
-16.8%
NOTE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CBFV
CBFV
NOTE
NOTE
Revenue
$13.8M
$22.2M
Net Profit
Gross Margin
Operating Margin
38.1%
-83.7%
Net Margin
Revenue YoY
19.9%
-24.7%
Net Profit YoY
EPS (diluted)
$0.90
$-2.81

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
CBFV
CBFV
NOTE
NOTE
Q4 25
$13.8M
$22.2M
Q3 25
$2.4M
$22.4M
Q2 25
$13.5M
$23.3M
Q1 25
$12.1M
$27.5M
Q4 24
$13.2M
$29.5M
Q3 24
$12.7M
$29.4M
Q2 24
$12.2M
$29.2M
Q1 24
$13.5M
$32.1M
Net Profit
CBFV
CBFV
NOTE
NOTE
Q4 25
Q3 25
$-5.7M
$-24.9M
Q2 25
$3.9M
$-13.3M
Q1 25
$1.9M
$-4.3M
Q4 24
Q3 24
$3.2M
$-14.9M
Q2 24
$2.6M
$-12.8M
Q1 24
$4.2M
$50.6M
Operating Margin
CBFV
CBFV
NOTE
NOTE
Q4 25
38.1%
-83.7%
Q3 25
-289.8%
-43.4%
Q2 25
35.0%
-31.9%
Q1 25
19.3%
-50.0%
Q4 24
23.1%
-19.4%
Q3 24
31.2%
-23.1%
Q2 24
26.4%
-27.2%
Q1 24
37.9%
-35.6%
Net Margin
CBFV
CBFV
NOTE
NOTE
Q4 25
Q3 25
-235.2%
-110.8%
Q2 25
29.3%
-57.0%
Q1 25
15.8%
-15.4%
Q4 24
Q3 24
25.3%
-50.7%
Q2 24
21.8%
-43.6%
Q1 24
31.1%
157.6%
EPS (diluted)
CBFV
CBFV
NOTE
NOTE
Q4 25
$0.90
$-2.81
Q3 25
$-1.07
$-1.73
Q2 25
$0.74
$-0.08
Q1 25
$0.35
$-0.03
Q4 24
$0.45
$1.88
Q3 24
$0.60
$-1.33
Q2 24
$0.51
$-0.09
Q1 24
$0.82
$0.37

Balance Sheet & Financial Strength

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

Metric
CBFV
CBFV
NOTE
NOTE
Cash + ST InvestmentsLiquidity on hand
$31.7M
$26.3M
Total DebtLower is stronger
$128.4M
Stockholders' EquityBook value
$157.5M
$62.0M
Total Assets
$1.5B
$255.1M
Debt / EquityLower = less leverage
2.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CBFV
CBFV
NOTE
NOTE
Q4 25
$31.7M
$26.3M
Q3 25
$55.9M
$31.2M
Q2 25
$64.5M
$38.5M
Q1 25
$61.3M
$46.3M
Q4 24
$49.6M
$34.6M
Q3 24
$147.3M
$32.7M
Q2 24
$142.6M
$37.7M
Q1 24
$73.7M
$43.6M
Total Debt
CBFV
CBFV
NOTE
NOTE
Q4 25
$128.4M
Q3 25
$131.5M
Q2 25
$116.7M
Q1 25
$118.0M
Q4 24
$147.1M
Q3 24
$152.2M
Q2 24
$145.9M
Q1 24
$153.0M
Stockholders' Equity
CBFV
CBFV
NOTE
NOTE
Q4 25
$157.5M
$62.0M
Q3 25
$152.5M
$75.5M
Q2 25
$148.4M
$95.1M
Q1 25
$148.3M
$98.7M
Q4 24
$147.4M
$97.8M
Q3 24
$149.1M
$98.5M
Q2 24
$142.9M
$106.9M
Q1 24
$141.6M
$106.1M
Total Assets
CBFV
CBFV
NOTE
NOTE
Q4 25
$1.5B
$255.1M
Q3 25
$1.5B
$273.9M
Q2 25
$1.5B
$288.3M
Q1 25
$1.5B
$299.7M
Q4 24
$1.5B
$326.2M
Q3 24
$1.6B
$337.9M
Q2 24
$1.6B
$346.3M
Q1 24
$1.5B
$357.8M
Debt / Equity
CBFV
CBFV
NOTE
NOTE
Q4 25
2.07×
Q3 25
1.74×
Q2 25
1.23×
Q1 25
1.20×
Q4 24
1.50×
Q3 24
1.54×
Q2 24
1.36×
Q1 24
1.44×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CBFV
CBFV
NOTE
NOTE
Operating Cash FlowLast quarter
$17.8M
$-279.0K
Free Cash FlowOCF − Capex
$17.2M
$-1.9M
FCF MarginFCF / Revenue
124.1%
-8.7%
Capex IntensityCapex / Revenue
4.7%
7.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$29.5M
$-18.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CBFV
CBFV
NOTE
NOTE
Q4 25
$17.8M
$-279.0K
Q3 25
$4.6M
$-8.3M
Q2 25
$4.1M
$-6.2M
Q1 25
$4.0M
$3.3M
Q4 24
$6.8M
$-1.3M
Q3 24
$3.1M
$-3.0M
Q2 24
$-1.2M
$-3.7M
Q1 24
$3.3M
$2.7M
Free Cash Flow
CBFV
CBFV
NOTE
NOTE
Q4 25
$17.2M
$-1.9M
Q3 25
$4.5M
$-10.4M
Q2 25
$3.9M
$-7.7M
Q1 25
$3.9M
$1.3M
Q4 24
$3.4M
$-3.4M
Q3 24
$2.2M
$-5.4M
Q2 24
$-2.4M
$-6.5M
Q1 24
$2.3M
$1.0M
FCF Margin
CBFV
CBFV
NOTE
NOTE
Q4 25
124.1%
-8.7%
Q3 25
186.5%
-46.2%
Q2 25
28.8%
-33.0%
Q1 25
32.5%
4.7%
Q4 24
26.0%
-11.4%
Q3 24
17.4%
-18.4%
Q2 24
-19.6%
-22.1%
Q1 24
17.0%
3.3%
Capex Intensity
CBFV
CBFV
NOTE
NOTE
Q4 25
4.7%
7.4%
Q3 25
4.3%
9.3%
Q2 25
1.9%
6.4%
Q1 25
0.8%
7.2%
Q4 24
25.1%
6.8%
Q3 24
6.7%
8.3%
Q2 24
10.0%
9.4%
Q1 24
7.2%
5.3%
Cash Conversion
CBFV
CBFV
NOTE
NOTE
Q4 25
Q3 25
Q2 25
1.05×
Q1 25
2.11×
Q4 24
Q3 24
0.95×
Q2 24
-0.44×
Q1 24
0.78×
0.05×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CBFV
CBFV

Segment breakdown not available.

NOTE
NOTE

Subscription$21.2M95%
Advisory Advertising And Other$1.0M5%

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