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Side-by-side financial comparison of CF BANKSHARES INC. (CFBK) and NORTHERN TECHNOLOGIES INTERNATIONAL CORP (NTIC). Click either name above to swap in a different company.
NORTHERN TECHNOLOGIES INTERNATIONAL CORP is the larger business by last-quarter revenue ($23.3M vs $15.7M, roughly 1.5× CF BANKSHARES INC.). CF BANKSHARES INC. runs the higher net margin — 40.0% vs 1.0%, a 39.0% gap on every dollar of revenue. On growth, CF BANKSHARES INC. posted the faster year-over-year revenue change (12.6% vs 9.2%). CF BANKSHARES INC. produced more free cash flow last quarter ($18.2M vs $-479.7K). Over the past eight quarters, CF BANKSHARES INC.'s revenue compounded faster (13.7% CAGR vs 5.8%).
CF Bankshares Inc. is a U.S.-based regional bank holding company operating through its community bank subsidiary. It offers a full suite of personal and commercial banking solutions including deposit products, various loan options, wealth management services and digital banking tools, primarily serving individual consumers and small-to-medium business clients across the U.S. Midwest region.
Maxar Technologies Inc., was an American space technology company, specializing in geospatial intelligence, Earth observation, and on-orbit satellite servicing, satellite products, and related services. DigitalGlobe and MDA Holdings Company merged to become Maxar Technologies on October 5, 2017.
CFBK vs NTIC — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $15.7M | $23.3M |
| Net Profit | $5.7M | $237.8K |
| Gross Margin | — | 36.0% |
| Operating Margin | 43.4% | 4.0% |
| Net Margin | 40.0% | 1.0% |
| Revenue YoY | 12.6% | 9.2% |
| Net Profit YoY | 29.9% | -57.6% |
| EPS (diluted) | $0.88 | $0.03 |
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.
| Q4 25 | $15.7M | $23.3M | ||
| Q3 25 | $15.5M | $22.3M | ||
| Q2 25 | $15.6M | $21.5M | ||
| Q1 25 | $14.1M | $19.1M | ||
| Q4 24 | $14.0M | $21.3M | ||
| Q3 24 | $13.1M | $23.3M | ||
| Q2 24 | $12.6M | $20.7M | ||
| Q1 24 | $12.2M | $20.8M |
| Q4 25 | $5.7M | $237.8K | ||
| Q3 25 | $2.3M | $-1.1M | ||
| Q2 25 | $5.0M | $121.8K | ||
| Q1 25 | $4.4M | $434.3K | ||
| Q4 24 | $4.4M | $561.1K | ||
| Q3 24 | $4.2M | $1.8M | ||
| Q2 24 | $1.7M | $976.6K | ||
| Q1 24 | $3.1M | $1.7M |
| Q4 25 | — | 36.0% | ||
| Q3 25 | — | 37.9% | ||
| Q2 25 | — | 38.4% | ||
| Q1 25 | — | 35.6% | ||
| Q4 24 | — | 38.3% | ||
| Q3 24 | — | 43.8% | ||
| Q2 24 | — | 38.2% | ||
| Q1 24 | — | 40.0% |
| Q4 25 | 43.4% | 4.0% | ||
| Q3 25 | 17.5% | 4.2% | ||
| Q2 25 | 41.1% | 4.0% | ||
| Q1 25 | 39.5% | -1.7% | ||
| Q4 24 | 36.9% | 5.2% | ||
| Q3 24 | 40.4% | 11.8% | ||
| Q2 24 | 15.4% | 7.4% | ||
| Q1 24 | 30.9% | 10.6% |
| Q4 25 | 40.0% | 1.0% | ||
| Q3 25 | 15.1% | -4.9% | ||
| Q2 25 | 32.3% | 0.6% | ||
| Q1 25 | 31.4% | 2.3% | ||
| Q4 24 | 35.2% | 2.6% | ||
| Q3 24 | 32.2% | 7.9% | ||
| Q2 24 | 13.5% | 4.7% | ||
| Q1 24 | 25.2% | 8.2% |
| Q4 25 | $0.88 | $0.03 | ||
| Q3 25 | $0.36 | $-0.11 | ||
| Q2 25 | $0.77 | $0.01 | ||
| Q1 25 | $0.68 | $0.04 | ||
| Q4 24 | $0.68 | $0.06 | ||
| Q3 24 | $0.65 | $0.19 | ||
| Q2 24 | $0.26 | $0.10 | ||
| Q1 24 | $0.47 | $0.17 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $259.0M | $6.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $184.4M | $72.4M |
| Total Assets | $2.1B | $104.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $259.0M | $6.4M | ||
| Q3 25 | $272.4M | $7.3M | ||
| Q2 25 | $275.7M | $6.8M | ||
| Q1 25 | $241.0M | $5.1M | ||
| Q4 24 | $235.3M | $5.6M | ||
| Q3 24 | $233.5M | $5.0M | ||
| Q2 24 | $241.8M | $5.8M | ||
| Q1 24 | $236.9M | $4.8M |
| Q4 25 | $184.4M | $72.4M | ||
| Q3 25 | $179.3M | $72.1M | ||
| Q2 25 | $177.0M | $72.4M | ||
| Q1 25 | $172.7M | $69.7M | ||
| Q4 24 | $168.4M | $70.2M | ||
| Q3 24 | $164.0M | $71.2M | ||
| Q2 24 | $159.6M | $68.9M | ||
| Q1 24 | $158.0M | $68.4M |
| Q4 25 | $2.1B | $104.0M | ||
| Q3 25 | $2.1B | $102.7M | ||
| Q2 25 | $2.1B | $99.3M | ||
| Q1 25 | $2.1B | $93.7M | ||
| Q4 24 | $2.1B | $94.0M | ||
| Q3 24 | $2.1B | $94.7M | ||
| Q2 24 | $2.0B | $89.3M | ||
| Q1 24 | $2.0B | $87.3M |
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 | $18.7M | $341.9K |
| Free Cash FlowOCF − Capex | $18.2M | $-479.7K |
| FCF MarginFCF / Revenue | 115.6% | -2.1% |
| Capex IntensityCapex / Revenue | 3.1% | 3.5% |
| Cash ConversionOCF / Net Profit | 3.26× | 1.44× |
| TTM Free Cash FlowTrailing 4 quarters | $33.4M | $-1.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $18.7M | $341.9K | ||
| Q3 25 | $5.5M | $-1.4M | ||
| Q2 25 | $8.0M | $609.7K | ||
| Q1 25 | $2.2M | $803.7K | ||
| Q4 24 | $14.2M | $2.4M | ||
| Q3 24 | $-1.3M | — | ||
| Q2 24 | $4.0M | $1.9M | ||
| Q1 24 | $-1.2M | — |
| Q4 25 | $18.2M | $-479.7K | ||
| Q3 25 | $5.2M | $-1.4M | ||
| Q2 25 | $7.8M | $-171.2K | ||
| Q1 25 | $2.2M | $293.1K | ||
| Q4 24 | $13.9M | $1.2M | ||
| Q3 24 | $-1.3M | — | ||
| Q2 24 | $4.0M | $869.4K | ||
| Q1 24 | $-1.2M | — |
| Q4 25 | 115.6% | -2.1% | ||
| Q3 25 | 33.6% | -6.3% | ||
| Q2 25 | 50.3% | -0.8% | ||
| Q1 25 | 15.2% | 1.5% | ||
| Q4 24 | 99.6% | 5.5% | ||
| Q3 24 | -9.9% | — | ||
| Q2 24 | 31.6% | 4.2% | ||
| Q1 24 | -9.5% | — |
| Q4 25 | 3.1% | 3.5% | ||
| Q3 25 | 1.7% | 0.2% | ||
| Q2 25 | 0.7% | 3.6% | ||
| Q1 25 | 0.4% | 2.7% | ||
| Q4 24 | 1.9% | 5.7% | ||
| Q3 24 | 0.2% | — | ||
| Q2 24 | 0.1% | 5.2% | ||
| Q1 24 | 0.0% | — |
| Q4 25 | 3.26× | 1.44× | ||
| Q3 25 | 2.34× | — | ||
| Q2 25 | 1.58× | 5.01× | ||
| Q1 25 | 0.50× | 1.85× | ||
| Q4 24 | 3.21× | 4.27× | ||
| Q3 24 | -0.30× | — | ||
| Q2 24 | 2.35× | 1.99× | ||
| Q1 24 | -0.38× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CFBK
Segment breakdown not available.
NTIC
| Inside The USA To Unaffiliated Customers | $7.5M | 32% |
| Natur Tec | $6.0M | 26% |
| Acobal | $3.6M | 15% |
| Other | $2.7M | 12% |
| BR | $2.1M | 9% |
| Zerust OY | $1.4M | 6% |
