CNB Historical Income Statement

CCNE Stock  USD 28.22  0.04  0.14%   
Historical analysis of CNB Financial income statement accounts such as Interest Expense of 109.1 M, Selling General Administrative of 78.7 M or Total Revenue of 308.4 M can show how well CNB Financial performed in making a profits. Evaluating CNB Financial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of CNB Financial's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining CNB Financial latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether CNB Financial is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CNB Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade CNB Stock refer to our How to Trade CNB Stock guide.

About CNB Income Statement Analysis

CNB Financial Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to CNB Financial shareholders. The income statement also shows CNB investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

CNB Financial Income Statement Chart

At present, CNB Financial's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 78.7 M, whereas EBIT is forecasted to decline to about 41.4 M.

Total Revenue

Total revenue comprises all receipts CNB Financial generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of CNB Financial minus its cost of goods sold. It is profit before CNB Financial operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of CNB Financial. It is also known as CNB Financial overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from CNB Financial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into CNB Financial current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CNB Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade CNB Stock refer to our How to Trade CNB Stock guide.At present, CNB Financial's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 78.7 M, whereas EBIT is forecasted to decline to about 41.4 M.
 2021 2022 2023 2024 (projected)
Interest Expense19.8M24.1M103.9M109.1M
Depreciation And Amortization6.2M6.6M7.7M8.1M

CNB Financial income statement Correlations

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CNB Financial Account Relationship Matchups

CNB Financial income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization567K4.9M6.2M6.6M7.7M8.1M
Interest Expense39.5M32.5M19.8M24.1M103.9M109.1M
Selling General Administrative47.7M51.1M63.7M74.3M74.9M78.7M
Total Revenue139.3M159.6M189.4M219.6M293.7M308.4M
Gross Profit139.3M159.6M189.4M219.6M293.7M308.4M
Other Operating Expenses90.6M119.5M118.6M7.1M113.3M119.0M
Operating Income48.6M40.1M70.8M102.3M71.8M42.5M
Ebit48.6M35.4M68.4M78.2M71.8M41.4M
Ebitda49.2M40.3M74.6M84.8M79.6M43.7M
Total Operating Expenses(90.6M)(119.5M)(118.6M)7.1M113.3M119.0M
Income Before Tax48.6M40.1M70.8M78.2M71.8M75.4M
Total Other Income Expense Net48.6M(12.6M)2.4M(24.1M)71.8M75.4M
Net Income40.1M32.7M57.7M63.2M58.0M60.9M
Income Tax Expense8.6M7.3M13.1M15.0M13.8M14.5M
Net Income Applicable To Common Shares40.1M31.6M53.4M58.9M67.7M71.1M
Selling And Marketing Expenses2.1M2.0M2.1M2.9M3.1M1.8M
Net Income From Continuing Ops40.1M32.7M57.7M63.2M59.9M36.0M
Tax Provision8.6M7.3M13.1M15.0M14.6M11.4M
Net Interest Income115.2M134.7M159.8M187.8M192.5M139.3M
Interest Income154.7M167.2M179.6M211.8M276.5M172.3M
Reconciled Depreciation6.0M6.1M107K6.6M7.1M5.6M

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When determining whether CNB Financial is a strong investment it is important to analyze CNB Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CNB Financial's future performance. For an informed investment choice regarding CNB Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CNB Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade CNB Stock refer to our How to Trade CNB Stock guide.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CNB Financial. If investors know CNB will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CNB Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.017
Dividend Share
0.705
Earnings Share
2.33
Revenue Per Share
10.398
Quarterly Revenue Growth
0.038
The market value of CNB Financial is measured differently than its book value, which is the value of CNB that is recorded on the company's balance sheet. Investors also form their own opinion of CNB Financial's value that differs from its market value or its book value, called intrinsic value, which is CNB Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CNB Financial's market value can be influenced by many factors that don't directly affect CNB Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CNB Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if CNB Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CNB Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.