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Side-by-side financial comparison of CIVISTA BANCSHARES, INC. (CIVB) and MESA LABORATORIES INC (MLAB). Click either name above to swap in a different company.

MESA LABORATORIES INC is the larger business by last-quarter revenue ($65.1M vs $46.3M, roughly 1.4× CIVISTA BANCSHARES, INC.). On growth, CIVISTA BANCSHARES, INC. posted the faster year-over-year revenue change (14.8% vs 3.6%). CIVISTA BANCSHARES, INC. produced more free cash flow last quarter ($42.1M vs $18.0M). Over the past eight quarters, CIVISTA BANCSHARES, INC.'s revenue compounded faster (12.5% CAGR vs 5.1%).

Civista Bancshares, Inc. is a US-based bank holding company operating primarily across the Midwest region. It provides a full suite of personal and commercial banking services including deposit accounts, mortgage, consumer and commercial lending products, as well as wealth management solutions, serving retail consumers, small and medium-sized local businesses and community client segments.

Mesa Laboratories Inc. develops, manufactures and sells professional quality control, calibration and monitoring instruments as well as related supporting services. Its core offerings cater to healthcare, pharmaceutical, food and beverage, industrial hygiene and environmental testing markets, helping global clients meet regulatory compliance and operational safety requirements.

CIVB vs MLAB — Head-to-Head

Bigger by revenue
MLAB
MLAB
1.4× larger
MLAB
$65.1M
$46.3M
CIVB
Growing faster (revenue YoY)
CIVB
CIVB
+11.1% gap
CIVB
14.8%
3.6%
MLAB
More free cash flow
CIVB
CIVB
$24.1M more FCF
CIVB
$42.1M
$18.0M
MLAB
Faster 2-yr revenue CAGR
CIVB
CIVB
Annualised
CIVB
12.5%
5.1%
MLAB

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
CIVB
CIVB
MLAB
MLAB
Revenue
$46.3M
$65.1M
Net Profit
$3.6M
Gross Margin
64.2%
Operating Margin
31.8%
12.2%
Net Margin
5.6%
Revenue YoY
14.8%
3.6%
Net Profit YoY
316.6%
EPS (diluted)
$0.59
$0.65

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
CIVB
CIVB
MLAB
MLAB
Q4 25
$46.3M
$65.1M
Q3 25
$44.2M
$60.7M
Q2 25
$41.4M
$59.5M
Q1 25
$40.6M
$62.1M
Q4 24
$40.4M
$62.8M
Q3 24
$39.3M
$57.8M
Q2 24
$38.1M
$58.2M
Q1 24
$36.6M
$58.9M
Net Profit
CIVB
CIVB
MLAB
MLAB
Q4 25
$3.6M
Q3 25
$12.8M
$2.5M
Q2 25
$11.0M
$4.7M
Q1 25
$10.2M
$-7.1M
Q4 24
$-1.7M
Q3 24
$8.4M
$3.4M
Q2 24
$7.1M
$3.4M
Q1 24
$6.4M
$-254.6M
Gross Margin
CIVB
CIVB
MLAB
MLAB
Q4 25
64.2%
Q3 25
61.5%
Q2 25
62.0%
Q1 25
61.8%
Q4 24
63.3%
Q3 24
61.3%
Q2 24
64.0%
Q1 24
62.1%
Operating Margin
CIVB
CIVB
MLAB
MLAB
Q4 25
31.8%
12.2%
Q3 25
35.4%
7.8%
Q2 25
31.1%
5.1%
Q1 25
29.4%
2.4%
Q4 24
28.2%
9.2%
Q3 24
25.2%
6.1%
Q2 24
21.2%
9.6%
Q1 24
19.6%
-460.6%
Net Margin
CIVB
CIVB
MLAB
MLAB
Q4 25
5.6%
Q3 25
28.9%
4.1%
Q2 25
26.6%
8.0%
Q1 25
25.0%
-11.4%
Q4 24
-2.7%
Q3 24
21.3%
5.9%
Q2 24
18.5%
5.8%
Q1 24
17.4%
-432.2%
EPS (diluted)
CIVB
CIVB
MLAB
MLAB
Q4 25
$0.59
$0.65
Q3 25
$0.68
$0.45
Q2 25
$0.71
$0.85
Q1 25
$0.66
$-1.30
Q4 24
$0.62
$-0.31
Q3 24
$0.53
$0.63
Q2 24
$0.45
$0.62
Q1 24
$0.41
$-47.26

Balance Sheet & Financial Strength

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

Metric
CIVB
CIVB
MLAB
MLAB
Cash + ST InvestmentsLiquidity on hand
$29.0M
Total DebtLower is stronger
$68.4M
Stockholders' EquityBook value
$543.5M
$186.7M
Total Assets
$4.3B
$434.8M
Debt / EquityLower = less leverage
0.37×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CIVB
CIVB
MLAB
MLAB
Q4 25
$29.0M
Q3 25
$20.4M
Q2 25
$21.3M
Q1 25
$27.3M
Q4 24
$27.3M
Q3 24
$24.3M
Q2 24
$28.5M
Q1 24
$28.2M
Total Debt
CIVB
CIVB
MLAB
MLAB
Q4 25
$68.4M
Q3 25
$69.4M
Q2 25
$70.3M
Q1 25
$71.3M
Q4 24
$72.2M
Q3 24
$73.1M
Q2 24
$74.1M
Q1 24
Stockholders' Equity
CIVB
CIVB
MLAB
MLAB
Q4 25
$543.5M
$186.7M
Q3 25
$499.0M
$178.5M
Q2 25
$404.1M
$172.5M
Q1 25
$397.4M
$159.8M
Q4 24
$388.5M
$155.2M
Q3 24
$394.4M
$161.5M
Q2 24
$373.8M
$150.7M
Q1 24
$369.7M
$145.4M
Total Assets
CIVB
CIVB
MLAB
MLAB
Q4 25
$4.3B
$434.8M
Q3 25
$4.1B
$430.4M
Q2 25
$4.2B
$435.7M
Q1 25
$4.1B
$433.3M
Q4 24
$4.1B
$433.3M
Q3 24
$4.1B
$454.1M
Q2 24
$4.0B
$440.4M
Q1 24
$3.9B
$446.8M
Debt / Equity
CIVB
CIVB
MLAB
MLAB
Q4 25
0.37×
Q3 25
0.39×
Q2 25
0.41×
Q1 25
0.45×
Q4 24
0.47×
Q3 24
0.45×
Q2 24
0.49×
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
CIVB
CIVB
MLAB
MLAB
Operating Cash FlowLast quarter
$43.3M
$18.8M
Free Cash FlowOCF − Capex
$42.1M
$18.0M
FCF MarginFCF / Revenue
90.9%
27.7%
Capex IntensityCapex / Revenue
2.5%
1.1%
Cash ConversionOCF / Net Profit
5.17×
TTM Free Cash FlowTrailing 4 quarters
$37.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CIVB
CIVB
MLAB
MLAB
Q4 25
$43.3M
$18.8M
Q3 25
$19.0M
$8.2M
Q2 25
$11.1M
$1.9M
Q1 25
$3.6M
$12.7M
Q4 24
$48.2M
$18.1M
Q3 24
$12.9M
$5.3M
Q2 24
$12.2M
$10.7M
Q1 24
$752.0K
$12.9M
Free Cash Flow
CIVB
CIVB
MLAB
MLAB
Q4 25
$42.1M
$18.0M
Q3 25
$7.1M
Q2 25
$884.0K
Q1 25
$3.5M
$11.9M
Q4 24
$44.1M
$17.3M
Q3 24
$3.5M
Q2 24
$9.9M
Q1 24
$629.0K
$12.3M
FCF Margin
CIVB
CIVB
MLAB
MLAB
Q4 25
90.9%
27.7%
Q3 25
11.7%
Q2 25
1.5%
Q1 25
8.5%
19.2%
Q4 24
109.1%
27.6%
Q3 24
6.0%
Q2 24
16.9%
Q1 24
1.7%
21.0%
Capex Intensity
CIVB
CIVB
MLAB
MLAB
Q4 25
2.5%
1.1%
Q3 25
1.8%
Q2 25
1.7%
Q1 25
0.4%
1.2%
Q4 24
10.4%
1.3%
Q3 24
3.1%
Q2 24
1.5%
Q1 24
0.3%
0.9%
Cash Conversion
CIVB
CIVB
MLAB
MLAB
Q4 25
5.17×
Q3 25
1.49×
3.32×
Q2 25
1.01×
0.40×
Q1 25
0.36×
Q4 24
Q3 24
1.54×
1.54×
Q2 24
1.73×
3.17×
Q1 24
0.12×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CIVB
CIVB

Segment breakdown not available.

MLAB
MLAB

Sterilization And Disinfection Control$24.9M38%
Biopharmaceutical Development$14.4M22%
Other$14.1M22%
Clinical Genomics$11.8M18%

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