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Cincinnati Bancorp Inc   (CNNB)
Other Ticker:  
 
    Sector  Financial    Industry S&Ls Savings Banks
   Industry S&Ls Savings Banks
   Sector  Financial
 
Price: $12.9000 $0.50 4.032%
Day's High: $12.9 Week Perf: -0.77 %
Day's Low: $ 12.75 30 Day Perf: -7.79 %
Volume (M): 0 52 Wk High: $ 16.98
Volume (M$): $ 4 52 Wk Avg: $14.16
Open: $12.90 52 Wk Low: $12.30



 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
   


Customers Net Income grew by CNNB's Customers Net Profit Margin grew to

27.49 %

17.41 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
FNRN   -3.91%    
FNWD        1.75% 
MLVF        6.06% 
BAC        1.4% 
C   -0.42%    
COF        1.64% 
• View Complete Report
   



Provident Financial Services Inc

EPS Drops due to Weak Sales in the fiscal time-frame ending December 31 2023

The stock market can be a rollercoaster ride, with its ups and downs, but it's always important to find the silver lining. Despite the recent challenges faced by some companies, there are still plenty of positive developments happening in the financial world.
One such example is Provident Financial Services, Inc. (NYSE: PFS). While the company reported a slight decline in earnings per share and revenue for the financial year ending December 31, 2023, it's worth noting that these numbers were still in line with industry expectations. Earnings per share decreased by only -4.89%, reaching $0.36 compared to $0.38 per share in the prior year. Revenue, on the other hand, advanced by 9.292% to $114.26 million.

Brookline Bancorp Inc

Brookline Bancorp Inc's Fourth Quarter Revenue Soars, But EPS Plummets

Brookline Bancorp Inc (BRKL) reported conflicting results in its fiscal fourth quarter of 2023, reflecting a mixed performance. While the company saw a significant increase in revenue, there was a substantial decline in earnings per share.
In terms of revenue, BRKL witnessed a growth of 5.333% to reach $87.81 million, compared to $83.36 million in the previous year's fourth quarter. This increase can be attributed to the company's ability to prosper amidst challenging market conditions, while many other entities in the SandLs Savings Banks industries struggled with declining orders and fading top-line.

Eastern Bankshares Inc

Eastern Bankshares Inc. Surges with 635.66% Income Rise in Fourth Quarter of 2023

The stock market has been full of surprises lately, with companies reporting varying levels of success. One such company that has caught the attention of investors is Eastern Bankshares Inc. (EBC), which recently announced an impressive income rise of 635.66% to $1.97 per share for the fourth quarter of 2023. This significant increase comes despite a decline in revenue of -47.885% to $95.70 million year on year.
What is even more remarkable is that, compared to the previous quarter, income per share grew rapidly by 448.48% from $0.36 per share, while revenue tumbled by -35.788% from $149.03 million. The bottom-line of $318.503 million for the fourth quarter of 2023 earnings season also increased by an impressive 653.07% from net earnings of $42.294 million reported in the same quarter a year ago.

Bankunited Inc

BankUnited Inc. Faces Revenue Decline and Profitability Hit in Q4 2023

/>BankUnited Inc., a leading bank holding company, recently released its financial results for the fourth quarter of 2023. The company experienced a decline in revenue and profitability compared to the previous year. This article delves into the key facts outlined in the financial report and provides an analysis of the company's performance.
Key Facts:
1. Revenue Decrease: BankUnited Inc.'s revenue for the October to December 31, 2023 fiscal period decreased by -6.61% to $215.05 million compared to the same period in the previous year.
2. Profitability Tumbles: The company's profitability took a significant hit, with a decrease of -66.5% to $0.28 per share, compared to $0.82 in the same reporting period last year.
3. Industry Performance: While BankUnited Inc. experienced a decline, the Savings and Loans (SandLs) industry as a whole saw revenue growth during the fourth quarter of 2023.
4. Net Profits: BankUnited Inc.'s net profits for the October to December 31, 2023 fiscal period amounted to $20.812 million, a decline of -67.59% from $64.207 million recorded in the corresponding period the previous year.
5. Operating Margin: BankUnited Inc.'s operating margin decreased to 11.25%, and the net margin shrank to 9.68% in the fourth quarter of 2023. This represents a significant decline from the operating margin of 35.52% in the same quarter of 2022.
6. Annual Revenue: For the fiscal year 2023, BankUnited Inc. declared revenue of $873.04 million and a bottom-line profit of $178.67 million.
7. Dividend Declaration: BankUnited Inc.'s Board of Directors announced a quarterly cash dividend of $0.27 per common share, payable on October 31, 2023.

Magyar Bancorp Inc

Magyar Bancorp Inc Sees Revenue Surge of 2.803% but Faces Income Setback in Latest Financial Results



Magyar Bancorp Inc, a prominent player in the SandLs Savings Banks industry, recently released its financial results for the fiscal period ending December 31, 2023. While the company witnessed a moderate increase in revenue, its income experienced a substantial decline compared to the previous reporting period. This article will delve into Magyar Bancorp Inc's financials, analyze its performance, and put the results into context.
Revenue Growth and Income Reduction
Despite a modest top-line growth of 2.803%, Magyar Bancorp Inc faced a significant income reduction of -7.14% in the fiscal period ending December 31, 2023, compared to the same period a year ago. The company reported revenues of $7.37 million, with earnings per share (EPS) standing at $0.26.






 

Cincinnati Bancorp Inc's Segments
 
 
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