Cincinnati Bancorp Inc (CNNB) |
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Price: $12.9000
$0.50
4.032%
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Day's High:
| $12.9
| Week Perf:
| -0.77 %
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Day's Low: |
$ 12.75 |
30 Day Perf: |
-7.79 % |
Volume (M): |
0 |
52 Wk High: |
$ 15.50 |
Volume (M$): |
$ 4 |
52 Wk Avg: |
$14.02 |
Open: |
$12.90 |
52 Wk Low: |
$12.30 |
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Market Capitalization (Millions $) |
36 |
Shares
Outstanding (Millions) |
3 |
Employees |
29 |
Revenues (TTM) (Millions $) |
14 |
Net Income (TTM) (Millions $) |
2 |
Cash Flow (TTM) (Millions $) |
2 |
Capital Exp. (TTM) (Millions $) |
0 |
Cincinnati Bancorp Inc
Cincinnati Bancorp is a federally-chartered corporation that was incorporated
in October 2015 to be the mid-tier stock holding company for Cincinnati Federal
in connection with the mutual holding company reorganization of Cincinnati Federal.
The reorganization was completed on October 14, 2015. CF Mutual Holding Company
is a federally chartered mutual holding company formed in October 2015 to become
the mutual holding company of Cincinnati Bancorp in connection with the mutual
holding company reorganization of Cincinnati Federal. As a mutual holding company,
CF Mutual Holding Company is required by law to own a majority of the voting
stock of Cincinnati Bancorp. CF Mutual Holding Company is not currently, and
at no time has been, an operating company.
Our business consists primarily of taking deposits from the general public
and investing those deposits, together with borrowings and funds generated from
operations, in one- to four-family residential real estate loans, and, to a
lesser extent, nonresidential real estate and multi-family loans, home equity
loans and lines of credit, and construction and land loans. We also invest in
securities, which consist primarily of mortgage-backed securities issued by
U.S. government sponsored entities and Federal Home Loan Bank stock. We offer
a variety of deposit accounts, including checking accounts, savings accounts
and certificate of deposit accounts. We utilize advances from the Federal Home
Loan Bank of Cincinnati (the “FHLB-Cincinnati”) for asset/liability
management purposes and for additional funding for our operations.
Our principal lending activity is originating one- to four-family residential
real estate loans and, to a lesser extent, nonresidential real estate and multi-family
loans, home equity loans and lines of credit, and construction and land loans.
To a much lesser extent, we also originate commercial business loans and consumer
loans. Subject to market conditions and our asset-liability analysis, we expect
to increase our focus on nonresidential real estate and multi-family loans in
an effort to diversify our overall loan portfolio and increase the overall yield
earned on our loans. We also originate for sale and sell the majority of the
fixed-rate one- to four-family residential real estate loans that we originate
with terms of greater than 10 years, on both a servicing-retained and servicing-released,
limited or no recourse basis, while retaining shorter-term fixed-rate and generally
all adjustable-rate one- to four-family residential real estate loans in order
to manage the duration and time to repricing of our loan portfolio. Loans are
sold primarily to FHLB-Cincinnati, Freddie Mac or to private sector third party
buyers.
Company Address: 6581 Harrison Avenue Cincinnati 45247 OH
Company Phone Number: 574-3025 Stock Exchange / Ticker: NASDAQ CNNB
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Customers Net Income grew by |
CNNB's Customers Net Profit Margin grew to |
20.01 % |
17.24 %
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Stock Performances by Major Competitors |
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First Guaranty Bancshares Inc
First Guaranty Bancshares Inc, a leading financial institution based in Hammond, Louisiana, has recently announced its financial results for the fiscal period closing December 31, 2023. The company reported a significant decrease in income, profit, and revenue compared to the previous financial reporting period. This sharp decline has also had a negative impact on the company's stock performance, with First Guaranty Bancshares Inc stock dropping by -28.03% from a year ago. The company's income fell by -84.94% to $0.06 per share from $0.39 a year ago, and profit plummeted by -41.53% from $0.10 per share from the prior financial reporting period. Revenue receded widely by -14.578% to $21.39 million from $25.04 million in the same financial reporting period a year ago. Sequentially, revenue decreased by -4.097% from $22.31 million. The bottom-line also saw a significant decrease, with a profit of $1.303 million in the fiscal period closing December 31, 2023, falling by -74.56% from $5.122 million in the corresponding period a year before.
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Hmn Financial Inc
The latest financial report from HMNF (Hmn Financial Inc) has raised concerns among investors, as the company reported a significant decrease in both top and bottom-line figures for the fiscal year ending December 31, 2023. Income per share plummeted by -41.15% and revenue decreased by -14.157% year on year. These numbers are alarming, especially when compared to the previous fiscal period where income per share was $0.34 and revenue was $9.67 million. In the fiscal fourth quarter of 2023, HMNF reported net profits of $1.452 million, which fell by -40.44% from the corresponding period a year before. The company's operating margin also decreased to 20.3% and net margin shrank to 15.76%. Operating earnings dropped by -43.98% to $1.87 million, squeezing the operating margin from 31.11% in the fourth quarter of 2022. Additionally, the accounts receivable declined to $845.7 million, although it was higher than during the same time a year ago.
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Territorial Bancorp Inc
The recent financial results of Territorial Bancorp Inc. paint a grim picture of its performance for the financial interval closing on December 31, 2023. The company witnessed a significant decline in revenue by -31.371%, leading to a steep deterioration in profits by -90.04%. The company reported a revenue of $9.87 million compared to $14.39 million the previous year, and earnings per share dropped to $0.04 from $0.39 in the previous year. In contrast to the third quarter, where revenue decreased by -9.272% and profit plummeted by -61.04%, the October to December period of 2023 saw a further decline. Earnings fell by -90.3% to $0.334 million compared to $3.445 million in the corresponding period the previous year. Operating margin also shrunk to 4% and net margin dropped to 3.38%. Operating earnings fell -91.28% to $0.395 million, significantly squeezing the company's operating margin compared to the previous year.
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Sterling Bancorp Inc
Sterling Bancorp Inc's Positive Financial Results Mask Potential Concerns Sterling Bancorp Inc, the holding company of Sterling Bank and Trust, F.S.B., recently reported its financial results for the October to December 31, 2023, period. While on the surface, the company seems to be performing well, a deeper analysis raises concerns about its future prospects. One of the key positive points highlighted by Sterling Bancorp Inc is its profitability turning positive at $0.10 per share, compared to a loss of $0.37 per share in the previous year. Furthermore, earnings per share grew by a staggering 886.58% from $0.01 per share in the previous reporting period. These figures may impress investors at first glance, but they should be taken with a grain of salt.
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Codorus Valley Bancorp Inc
Codorus Valley Bancorp, Inc., the parent company of PeoplesBank, has reported its financial results for the October to December 31, 2023 financial interval. Despite a decline in revenue, the company experienced growth in earnings per share (EPS) and net earnings. This article aims to interpret the key financial results and shed light on the company's performance in the given period. 1. Revenue Decline and EPS Growth: During the October to December 2023 financial interval, Codorus Valley Bancorp, Inc.'s SandLs Savings Banks company witnessed a decrease in revenue by -0.702% to $24.17 million compared to the previous year. However, the company managed to raise its EPS by 0.15% to $0.55 per share. This indicates a strong bottom-line growth, albeit moderate.
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Per Share |
Current |
Earnings (TTM) |
0.56 $ |
Revenues (TTM) |
5.09 $
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Cash Flow (TTM) |
0.8 $ |
Cash |
-
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Book Value |
14.16 $
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Dividend (TTM) |
1.06 $ |
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Per Share |
|
Earnings (TTM) |
0.56 $
|
Revenues (TTM) |
5.09 $ |
Cash Flow (TTM) |
0.8 $ |
Cash |
-
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Book Value |
14.16 $ |
Dividend (TTM) |
1.06 $ |
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