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Side-by-side financial comparison of Cannae Holdings, Inc. (CNNE) and Metropolitan Bank Holding Corp. (MCB). Click either name above to swap in a different company.

Cannae Holdings, Inc. is the larger business by last-quarter revenue ($103.3M vs $88.5M, roughly 1.2× Metropolitan Bank Holding Corp.). Metropolitan Bank Holding Corp. runs the higher net margin — 35.5% vs -90.0%, a 125.5% gap on every dollar of revenue. On growth, Metropolitan Bank Holding Corp. posted the faster year-over-year revenue change (25.4% vs -6.0%). Over the past eight quarters, Metropolitan Bank Holding Corp.'s revenue compounded faster (14.3% CAGR vs -3.4%).

Cannae Holdings, Inc. is a diversified holding company that primarily invests in and operates businesses across multiple sectors including financial services, restaurant and hospitality, technology, and healthcare. Its core market is the United States, and it focuses on driving long-term stakeholder value through active portfolio management and strategic operational support for its portfolio companies.

Sandy Spring Bancorp, Inc. was a bank holding company headquartered in Olney, Maryland and operating in the Washington metropolitan area. In addition to banking services, the company offered commercial and personal lines of insurance, surety bonds, workers compensation insurance, and professional liability insurance protection as well as financial planning, wealth management, and asset management for high-net-worth individuals, businesses, and associations. In April 2025, the company was acqu...

CNNE vs MCB — Head-to-Head

Bigger by revenue
CNNE
CNNE
1.2× larger
CNNE
$103.3M
$88.5M
MCB
Growing faster (revenue YoY)
MCB
MCB
+31.4% gap
MCB
25.4%
-6.0%
CNNE
Higher net margin
MCB
MCB
125.5% more per $
MCB
35.5%
-90.0%
CNNE
Faster 2-yr revenue CAGR
MCB
MCB
Annualised
MCB
14.3%
-3.4%
CNNE

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CNNE
CNNE
MCB
MCB
Revenue
$103.3M
$88.5M
Net Profit
$-93.0M
$31.4M
Gross Margin
15.2%
Operating Margin
-23.3%
Net Margin
-90.0%
35.5%
Revenue YoY
-6.0%
25.4%
Net Profit YoY
-101.7%
92.2%
EPS (diluted)
$-2.09
$2.92

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
CNNE
CNNE
MCB
MCB
Q1 26
$88.5M
Q4 25
$103.3M
$88.4M
Q3 25
$106.9M
$79.8M
Q2 25
$110.2M
$76.3M
Q1 25
$103.2M
$70.6M
Q4 24
$109.9M
$71.0M
Q3 24
$113.9M
$71.5M
Q2 24
$118.0M
$67.7M
Net Profit
CNNE
CNNE
MCB
MCB
Q1 26
$31.4M
Q4 25
$-93.0M
$28.9M
Q3 25
$-68.4M
$7.1M
Q2 25
$-238.8M
$18.8M
Q1 25
$-113.0M
$16.4M
Q4 24
$-46.1M
$21.4M
Q3 24
$-13.6M
$12.3M
Q2 24
$-155.0M
$16.8M
Gross Margin
CNNE
CNNE
MCB
MCB
Q1 26
Q4 25
15.2%
Q3 25
17.1%
Q2 25
17.6%
Q1 25
11.8%
Q4 24
16.4%
Q3 24
18.3%
Q2 24
21.9%
Operating Margin
CNNE
CNNE
MCB
MCB
Q1 26
Q4 25
-23.3%
46.6%
Q3 25
-12.3%
12.8%
Q2 25
-55.3%
35.1%
Q1 25
-20.7%
33.1%
Q4 24
-20.0%
44.1%
Q3 24
-15.9%
24.6%
Q2 24
-19.5%
35.3%
Net Margin
CNNE
CNNE
MCB
MCB
Q1 26
35.5%
Q4 25
-90.0%
32.6%
Q3 25
-64.0%
8.9%
Q2 25
-216.7%
24.6%
Q1 25
-109.5%
23.2%
Q4 24
-41.9%
30.2%
Q3 24
-11.9%
17.2%
Q2 24
-131.4%
24.8%
EPS (diluted)
CNNE
CNNE
MCB
MCB
Q1 26
$2.92
Q4 25
$-2.09
$2.74
Q3 25
$-1.25
$0.67
Q2 25
$-3.93
$1.76
Q1 25
$-1.81
$1.45
Q4 24
$-0.75
$1.89
Q3 24
$-0.22
$1.08
Q2 24
$-2.49
$1.50

Balance Sheet & Financial Strength

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

Metric
CNNE
CNNE
MCB
MCB
Cash + ST InvestmentsLiquidity on hand
$182.0M
Total DebtLower is stronger
$70.8M
Stockholders' EquityBook value
$1.0B
$948.3M
Total Assets
$1.3B
$8.8B
Debt / EquityLower = less leverage
0.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CNNE
CNNE
MCB
MCB
Q1 26
Q4 25
$182.0M
$393.6M
Q3 25
$233.8M
$385.9M
Q2 25
$66.7M
$152.5M
Q1 25
$126.2M
$196.5M
Q4 24
$131.5M
$200.3M
Q3 24
$318.5M
Q2 24
$244.7M
Total Debt
CNNE
CNNE
MCB
MCB
Q1 26
Q4 25
$70.8M
Q3 25
$68.6M
Q2 25
$168.4M
Q1 25
$170.6M
Q4 24
$181.0M
Q3 24
$181.2M
Q2 24
$78.2M
Stockholders' Equity
CNNE
CNNE
MCB
MCB
Q1 26
$948.3M
Q4 25
$1.0B
$743.1M
Q3 25
$1.2B
$732.0M
Q2 25
$1.4B
$723.0M
Q1 25
$1.7B
$737.8M
Q4 24
$1.8B
$729.8M
Q3 24
$1.9B
$715.2M
Q2 24
$1.9B
$692.4M
Total Assets
CNNE
CNNE
MCB
MCB
Q1 26
$8.8B
Q4 25
$1.3B
$8.3B
Q3 25
$1.5B
$8.2B
Q2 25
$1.8B
$7.9B
Q1 25
$2.1B
$7.6B
Q4 24
$2.2B
$7.3B
Q3 24
$2.3B
$7.4B
Q2 24
$2.2B
$7.3B
Debt / Equity
CNNE
CNNE
MCB
MCB
Q1 26
Q4 25
0.07×
Q3 25
0.06×
Q2 25
0.12×
Q1 25
0.10×
Q4 24
0.10×
Q3 24
0.10×
Q2 24
0.04×

Cash Flow & Capital Efficiency

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

Metric
CNNE
CNNE
MCB
MCB
Operating Cash FlowLast quarter
$16.0M
Free Cash FlowOCF − Capex
$12.0M
FCF MarginFCF / Revenue
11.6%
Capex IntensityCapex / Revenue
3.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-28.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CNNE
CNNE
MCB
MCB
Q1 26
Q4 25
$16.0M
$88.7M
Q3 25
$-21.6M
$31.8M
Q2 25
$-21.6M
$18.4M
Q1 25
$9.1M
$7.8M
Q4 24
$-12.0M
$148.5M
Q3 24
$-31.9M
$4.8M
Q2 24
$-10.2M
$35.3M
Free Cash Flow
CNNE
CNNE
MCB
MCB
Q1 26
Q4 25
$12.0M
Q3 25
$-24.1M
Q2 25
$-23.6M
Q1 25
$7.2M
Q4 24
$-14.4M
Q3 24
$-33.6M
Q2 24
$-11.8M
FCF Margin
CNNE
CNNE
MCB
MCB
Q1 26
Q4 25
11.6%
Q3 25
-22.5%
Q2 25
-21.4%
Q1 25
7.0%
Q4 24
-13.1%
Q3 24
-29.5%
Q2 24
-10.0%
Capex Intensity
CNNE
CNNE
MCB
MCB
Q1 26
Q4 25
3.9%
Q3 25
2.3%
Q2 25
1.8%
Q1 25
1.8%
Q4 24
2.2%
Q3 24
1.5%
Q2 24
1.4%
Cash Conversion
CNNE
CNNE
MCB
MCB
Q1 26
Q4 25
3.07×
Q3 25
4.47×
Q2 25
0.98×
Q1 25
0.47×
Q4 24
6.93×
Q3 24
0.39×
Q2 24
2.10×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CNNE
CNNE

Reportable Segment Aggregation Before Other Operating Segment$94.9M92%
Other Operating Revenue$8.4M8%

MCB
MCB

Segment breakdown not available.

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