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Consumers Bancorp Inc (CBKM) |
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Price: $17.4200
$0.25 
1.456%
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| Day's High:
| $17.5
| Week Perf:
| -0.17 %
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| Day's Low: |
$ 17.10 |
30 Day Perf: |
6.87 % |
| Volume (M): |
0 |
52 Wk High: |
$ 17.75 |
| Volume (M$): |
$ 7 |
52 Wk Avg: |
$16.63 |
| Open: |
$17.50 |
52 Wk Low: |
$15.02 |
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| Market Capitalization (Millions $) |
55 |
| Shares
Outstanding (Millions) |
3 |
| Employees |
111 |
| Revenues (TTM) (Millions $) |
36 |
| Net Income (TTM) (Millions $) |
9 |
| Cash Flow (TTM) (Millions $) |
6 |
| Capital Exp. (TTM) (Millions $) |
1 |
Consumers Bancorp Inc
Consumers Bancorp, Inc. (Corporation), is a bank holding company under the
Bank Holding Company Act of 1956, as amended and is a registered bank holding
company, and was incorporated under the laws of the State of Ohio in 1994. In
February 1995, the Corporation acquired all the issued and outstanding capital
stock of Consumers National Bank (Bank), a bank chartered under the laws of
the United States of America. The Corporation’s activities have been limited
primarily to holding the common stock of the Bank.
Since 1965, the Bank’s main office has been serving the Minerva, Ohio
area from its location at 614 East Lincoln Way, Minerva, Ohio. The Bank’s
business involves attracting deposits from businesses and individual customers
and using such deposits to originate commercial, mortgage and consumer loans
in its market area, consisting primarily of Carroll, Columbiana, Stark, Summit,
Wayne and contiguous counties in Ohio. The Bank currently has twelve branch
locations and two loan production offices. The Bank also invests in securities
consisting primarily of obligations of U.S. government sponsored entities, municipal
obligations and mortgage-backed securities issued by Fannie Mae, Freddie Mac
and Ginnie Mae.
Company Address: 614 East Lincoln Way Minerva 44657 OH
Company Phone Number: 868-7701 Stock Exchange / Ticker: CBKM
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Customers Net Income fell by |
CBKM's Customers Net Profit Margin fell to |
-60.82 % |
5.98 %
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| Stock Performances by Major Competitors |
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| Consumers Bancorp Inc
Consumers Bancorp Inc announced disappointing earnings in the fiscal third quarter of 2024, reporting a decline in earnings per share (EPS) by -23.26% to $0.66 from $0.86. Additionally, the company's revenue sank by -2.574% to $9.01 million compared to the same period the previous year.
This decline in performance stands in stark contrast to the remainder of the Commercial Banks sector, which saw revenue growth during the same period. It is evident that Consumers Bancorp Inc is facing challenges that are not prevalent in the sector as a whole.
On a positive note, compared to the preceding quarter, the company's income improved from $0.65 per share and revenue grew by 1.419% from $8.88 million. However, there is still a significant gap between the current performance and the numbers from the corresponding period a year before. The bottom-line figure of $2.052 million in the fiscal third quarter of 2024 fell by -22.15% from $2.636 million in the same period in 2023.
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| Consumers Bancorp Inc
roduction
As an investor in the financial market, it is imperative to analyze and interpret a company's financial results to make informed decisions. Consumers Bancorp Inc.'s financial second quarter of 2024 has witnessed some concerning developments, including a decline in earnings per share (EPS), revenue, and profitability. Additionally, the decline in the company's stock over the course of February raises further concerns about its future prospects.
Financial Performance Analysis
In the financial second quarter of 2024, Consumers Bancorp Inc. experienced a significant drop in EPS by -28.57%, from $0.91 to $0.65 per share. This decline can be mainly attributed to the reduction in revenue by -8.5% from $9.19 million to $8.88 million year-on-year. Comparatively, the company had reported a bottom line of $0.78 per share and revenue of $9.19 million in the preceding quarter. These figures illustrate the ongoing downward trend in the company's financial performance.
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| Consumers Bancorp Inc
Consumers Bancorp Inc, a company operating in the commercial banking sector, experienced a decline in income and revenue during the first quarter of the 2024 earnings season. Despite a slight increase in revenue, the company's financial performance fell short when compared to its competitors in the sector. This article will outline the key financial results and provide a contextual analysis of Consumers Bancorp Inc's performance.
Financial Results:
1. Revenue: Consumers Bancorp Inc's revenue saw a modest increase of 0.823%, reaching $9.19 million in the first quarter of 2024.
2. Income reduction: Despite the revenue growth, the company experienced a significant decline in income, with a reduction of -6.02% compared to the same reporting season from the previous year.
3. Earnings per Share (EPS): The EPS for the first quarter of 2024 stood at $0.78.
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| Consumers Bancorp Inc
The financial results of Consumers Bancorp Inc for the most recent fiscal period have unveiled a mixed bag of outcomes. While the company experienced a growth in revenue, there was a decline in earnings per share (EPS), prompting investors to closely analyze the situation. This article aims to dissect the financial results and speculate on their potential impact on the future of the company.
Revenue Growth:
Consumers Bancorp Inc recorded a year-over-year revenue growth of 3.191%, reaching $9.54 million compared to $9.24 million in the previous year. This increase in revenue is an encouraging sign for the company, indicating a rise in demand and consumer interest. It suggests that Consumers Bancorp Inc has been able to attract more customers and generate higher sales.
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| Consumers Bancorp Inc
As the stock market continues to fluctuate, investors need to keep a close eye on the performance of any company that they are considering investing in. One such company is Consumers Bancorp Inc. Based on their recent quarterly report, investors should exercise caution and conduct due diligence before making any investment decisions.
Despite yielding a return on asset (ROA) of 1.09%, which is higher than their average ROA of 0.87%, the company's net income decreased, resulting in a decline in their ROA relative to the previous quarter. Furthermore, while the company ranked 1659th in terms of ROA in the most recent quarter, there were 413 other companies within the financial sector that had a higher return on assets, indicating a level of competition within the industry.
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| Per Share |
Current |
| Earnings (TTM) |
2.75 $ |
| Revenues (TTM) |
11.41 $
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| Cash Flow (TTM) |
1.88 $ |
| Cash |
83.27 $
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| Book Value |
20.03 $
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| Dividend (TTM) |
0.72 $ |
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| Per Share |
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| Earnings (TTM) |
2.75 $
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| Revenues (TTM) |
11.41 $ |
| Cash Flow (TTM) |
1.88 $ |
| Cash |
83.27 $
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| Book Value |
20.03 $ |
| Dividend (TTM) |
0.72 $ |
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2.23%