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Side-by-side financial comparison of MIDDLEFIELD BANC CORP (MBCN) and Maison Solutions Inc. (MSS). Click either name above to swap in a different company.

Maison Solutions Inc. is the larger business by last-quarter revenue ($27.6M vs $19.9M, roughly 1.4× MIDDLEFIELD BANC CORP). MIDDLEFIELD BANC CORP runs the higher net margin — 26.7% vs -18.0%, a 44.7% gap on every dollar of revenue. On growth, MIDDLEFIELD BANC CORP posted the faster year-over-year revenue change (18.3% vs -10.9%). Over the past eight quarters, Maison Solutions Inc.'s revenue compounded faster (42.5% CAGR vs 13.7%).

Star Banc Corporation was a Cincinnati, Ohio-based regional bank holding company that acquired Firstar in 1998 and took the Firstar name; the merged bank acquired U.S. Bancorp in 2001 and took the U.S. Bancorp name. The company can trace its origins back to 1863 when it was first founded as the First National Bank of Cincinnati.

Maison Solutions Inc. is a specialty home goods retail company that provides a diverse portfolio of stylish, affordably priced furniture, home decor items, and daily household products. Its primary market is the Guangdong-Hong Kong-Macao Greater Bay Area in China, serving mass consumers through both offline physical stores and online e-commerce channels.

MBCN vs MSS — Head-to-Head

Bigger by revenue
MSS
MSS
1.4× larger
MSS
$27.6M
$19.9M
MBCN
Growing faster (revenue YoY)
MBCN
MBCN
+29.2% gap
MBCN
18.3%
-10.9%
MSS
Higher net margin
MBCN
MBCN
44.7% more per $
MBCN
26.7%
-18.0%
MSS
Faster 2-yr revenue CAGR
MSS
MSS
Annualised
MSS
42.5%
13.7%
MBCN

Income Statement — Q3 FY2025 vs Q2 FY2026

Metric
MBCN
MBCN
MSS
MSS
Revenue
$19.9M
$27.6M
Net Profit
$5.3M
$-5.0M
Gross Margin
23.4%
Operating Margin
32.2%
-4.9%
Net Margin
26.7%
-18.0%
Revenue YoY
18.3%
-10.9%
Net Profit YoY
127.4%
-1840.5%
EPS (diluted)
$0.65
$-0.23

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
MBCN
MBCN
MSS
MSS
Q4 25
$27.6M
Q3 25
$19.9M
$27.2M
Q2 25
$20.5M
$34.4M
Q1 25
$18.0M
$32.3M
Q4 24
$17.5M
$29.4M
Q3 24
$16.8M
$28.2M
Q2 24
$16.8M
$16.9M
Q1 24
$16.8M
$13.6M
Net Profit
MBCN
MBCN
MSS
MSS
Q4 25
$-5.0M
Q3 25
$5.3M
$-1.5M
Q2 25
$6.2M
$-287.4K
Q1 25
$4.8M
$1.0M
Q4 24
$4.8M
$-256.0K
Q3 24
$2.3M
$700.9K
Q2 24
$4.2M
$-2.8M
Q1 24
$4.2M
$-549.0K
Gross Margin
MBCN
MBCN
MSS
MSS
Q4 25
23.4%
Q3 25
24.1%
Q2 25
9.5%
Q1 25
21.8%
Q4 24
26.9%
Q3 24
28.9%
Q2 24
13.0%
Q1 24
23.4%
Operating Margin
MBCN
MBCN
MSS
MSS
Q4 25
-4.9%
Q3 25
32.2%
0.7%
Q2 25
35.9%
-15.9%
Q1 25
31.9%
3.7%
Q4 24
33.4%
3.2%
Q3 24
16.1%
7.3%
Q2 24
28.8%
-14.4%
Q1 24
29.4%
-2.3%
Net Margin
MBCN
MBCN
MSS
MSS
Q4 25
-18.0%
Q3 25
26.7%
-5.7%
Q2 25
30.0%
-0.8%
Q1 25
26.8%
3.1%
Q4 24
27.8%
-0.9%
Q3 24
13.9%
2.5%
Q2 24
24.7%
-16.4%
Q1 24
24.9%
-4.0%
EPS (diluted)
MBCN
MBCN
MSS
MSS
Q4 25
$-0.23
Q3 25
$0.65
$-0.08
Q2 25
$0.76
$-0.02
Q1 25
$0.60
$0.06
Q4 24
$0.60
$-0.01
Q3 24
$0.29
$0.04
Q2 24
$0.52
$-0.16
Q1 24
$0.51
$-0.03

Balance Sheet & Financial Strength

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

Metric
MBCN
MBCN
MSS
MSS
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$2.6M
Stockholders' EquityBook value
$224.1M
$11.6M
Total Assets
$2.0B
$75.4M
Debt / EquityLower = less leverage
0.22×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MBCN
MBCN
MSS
MSS
Q4 25
Q3 25
$1.1M
Q2 25
$775.4K
Q1 25
$445.4K
Q4 24
$355.7K
Q3 24
$588.9K
Q2 24
$2.1M
Q1 24
$9.4M
Total Debt
MBCN
MBCN
MSS
MSS
Q4 25
$2.6M
Q3 25
$2.6M
Q2 25
$2.6M
Q1 25
Q4 24
Q3 24
$2.5M
Q2 24
$2.6M
Q1 24
$2.6M
Stockholders' Equity
MBCN
MBCN
MSS
MSS
Q4 25
$11.6M
Q3 25
$224.1M
$10.1M
Q2 25
$216.1M
$11.7M
Q1 25
$213.8M
$12.0M
Q4 24
$210.6M
$10.9M
Q3 24
$210.7M
$11.2M
Q2 24
$206.8M
$10.5M
Q1 24
$205.6M
$13.3M
Total Assets
MBCN
MBCN
MSS
MSS
Q4 25
$75.4M
Q3 25
$2.0B
$73.3M
Q2 25
$1.9B
$77.4M
Q1 25
$1.9B
$82.7M
Q4 24
$1.9B
$82.7M
Q3 24
$1.9B
$82.1M
Q2 24
$1.8B
$82.4M
Q1 24
$1.8B
$44.2M
Debt / Equity
MBCN
MBCN
MSS
MSS
Q4 25
0.22×
Q3 25
0.26×
Q2 25
0.22×
Q1 25
Q4 24
Q3 24
0.23×
Q2 24
0.24×
Q1 24
0.19×

Cash Flow & Capital Efficiency

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

Metric
MBCN
MBCN
MSS
MSS
Operating Cash FlowLast quarter
$4.8M
$-1.7M
Free Cash FlowOCF − Capex
$3.4M
FCF MarginFCF / Revenue
17.0%
Capex IntensityCapex / Revenue
7.2%
Cash ConversionOCF / Net Profit
0.91×
TTM Free Cash FlowTrailing 4 quarters
$32.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MBCN
MBCN
MSS
MSS
Q4 25
$-1.7M
Q3 25
$4.8M
$1.1M
Q2 25
$4.8M
$-1.6M
Q1 25
$8.0M
$1.7M
Q4 24
$17.5M
$1.1M
Q3 24
$6.0M
$3.6M
Q2 24
$3.4M
$-2.6M
Q1 24
$5.4M
$-1.4M
Free Cash Flow
MBCN
MBCN
MSS
MSS
Q4 25
Q3 25
$3.4M
Q2 25
$4.2M
Q1 25
$7.7M
Q4 24
$16.7M
Q3 24
$5.8M
Q2 24
$3.3M
Q1 24
$5.3M
FCF Margin
MBCN
MBCN
MSS
MSS
Q4 25
Q3 25
17.0%
Q2 25
20.5%
Q1 25
42.9%
Q4 24
95.6%
Q3 24
34.7%
Q2 24
19.3%
Q1 24
31.9%
Capex Intensity
MBCN
MBCN
MSS
MSS
Q4 25
Q3 25
7.2%
Q2 25
3.0%
Q1 25
1.5%
Q4 24
4.4%
Q3 24
1.0%
Q2 24
0.6%
Q1 24
0.5%
Cash Conversion
MBCN
MBCN
MSS
MSS
Q4 25
Q3 25
0.91×
Q2 25
0.78×
Q1 25
1.66×
1.66×
Q4 24
3.60×
Q3 24
2.57×
5.12×
Q2 24
0.81×
Q1 24
1.31×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MBCN
MBCN

Segment breakdown not available.

MSS
MSS

Perishables$14.4M52%
Nonperishables$13.2M48%

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