OTCPK:CNBB

Stock Analysis Report

CNB Community Bancorp

Executive Summary

CNB Community Bancorp, Inc. operates as the bank holding company for Hillsdale County National Bank that provides retail and commercial banking services in Michigan.

Snowflake

Fundamentals

Flawless balance sheet and fair value.

Risks

  • CNB Community Bancorp is not covered by any analysts.

Share Price & News

How has CNB Community Bancorp's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

OTCPK:CNBB

2.4%

US Banks

2.9%

US Market


1 Year Return

12.2%

OTCPK:CNBB

-14.8%

US Banks

0.2%

US Market

CNBB outperformed the Banks industry which returned -15.3% over the past year.

CNBB outperformed the Market in United States of America which returned -0.7% over the past year.


Share holder returns

CNBBIndustryMarket
7 Day0%2.4%2.9%
30 Day0%-6.3%-2.3%
90 Day5.0%-2.1%3.1%
1 Year16.1%12.2%-12.4%-14.8%2.4%0.2%
3 Yearn/a41.7%32.0%41.7%32.4%
5 Yearn/a52.2%35.7%55.1%37.9%

Price Volatility Vs. Market

How volatile is CNB Community Bancorp's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is CNB Community Bancorp undervalued based on future cash flows and its price relative to the stock market?

21%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

CNB Community Bancorp's share price is below the future cash flow value, and at a moderate discount (> 20%).

CNB Community Bancorp's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

CNB Community Bancorp is good value based on earnings compared to the US Banks industry average.

CNB Community Bancorp is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for CNB Community Bancorp, we can't assess if its growth is good value.


Price Based on Value of Assets

CNB Community Bancorp is overvalued based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is CNB Community Bancorp expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

-1.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if CNB Community Bancorp is high growth as no revenue estimate data is available.

CNB Community Bancorp's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

Unable to compare CNB Community Bancorp's revenue growth to the United States of America market average as no estimate data is available.

CNB Community Bancorp's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.

CNB Community Bancorp's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if CNB Community Bancorp will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has CNB Community Bancorp performed over the past 5 years?

18.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

CNB Community Bancorp's year on year earnings growth rate has been positive over the past 5 years.

CNB Community Bancorp's 1-year earnings growth exceeds its 5-year average (21.9% vs 18.9%)

CNB Community Bancorp's earnings growth has not exceeded the US Banks industry average in the past year (21.9% vs 33.2%).


Return on Equity

CNB Community Bancorp has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

CNB Community Bancorp used its assets more efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if CNB Community Bancorp improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is CNB Community Bancorp's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

CNB Community Bancorp has an acceptable proportion of non-loan assets held.

CNB Community Bancorp has a sufficient allowance for bad loans.

CNB Community Bancorp's liabilities are made up of primarily low risk sources of funding.

CNB Community Bancorp's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).

Loans at CNB Community Bancorp are broadly funded by customer deposits.

CNB Community Bancorp has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is CNB Community Bancorp's current dividend yield, its reliability and sustainability?

3.24%

Current Dividend Yield


Dividend Yield and Payments Analysis

CNB Community Bancorp's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

CNB Community Bancorp's dividend is below the markets top 25% of dividend payers in United States of America (3.85%).

Whilst dividend payments have been stable, CNB Community Bancorp has been paying a dividend for less than 10 years.

Dividend payments have increased, but CNB Community Bancorp only paid a dividend in the past 2 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (6.2x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of CNB Community Bancorp's salary, the management and board of directors tenure and is there insider trading?

2.1yrs

Average management tenure


CEO

John Waldron 0

0.1yrs

Tenure

0

Mr. John R. Waldron has been Chief Executive Officer of County National Bank and CNB Community Bancorp, Inc since July 26, 2019. He has been President of Hillsdale County National Bank (the “Bank”) since J ...


Management Age and Tenure

2.1yrs

Average Tenure

The tenure for the CNB Community Bancorp management team is about average.


Board Age and Tenure

3.9yrs

Average Tenure

The tenure for the CNB Community Bancorp board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Erik Lawson

    Chief Financial Officer

    • Tenure: 0.0yrs
  • John Waldron

    CEO & Director

    • Tenure: 0.1yrs
  • Karena Mills

    VP & Lending Officer

    • Tenure: 2.1yrs
  • L. Heminger

    Second VP of Administration

    • Tenure: 0.0yrs
  • Dorene Shaw

    VP & Chief Auditor

    • Tenure: 0.0yrs
  • Christopher Phillips

    VP & Senior Trust Officer

    • Tenure: 2.8yrs
  • Becky Wiley

    2nd Vice President of Human Resources

    • Tenure: 0.0yrs
  • Abba Reeve

    Assistant Vice President of Controller

    • Tenure: 0.0yrs
  • David Arnett

    Assistant Vice President of Technology

    • Tenure: 0.0yrs

Board Members

  • Craig Connor

    Chairman of the Board

    • Tenure: 1.2yrs
  • John Waldron

    CEO & Director

    • Tenure: 0.1yrs
  • Joe Dunigan

    Director

    • Tenure: 6.6yrs
  • John Lovinger

    Director

    • Tenure: 0.0yrs
  • Stephen Maddalena

    Director

    • Tenure: 0.0yrs
  • John Barrett

    Director

    • Tenure: 9.3yrs
  • Claude Rowley

    Director

    • Tenure: 0.0yrs
  • Steven Wells

    Director

    • Tenure: 0.0yrs
  • Judy Gabriele

    Director

    • Tenure: 0.0yrs
  • David Pope

    Director

    • Tenure: 0.0yrs

Company Information

CNB Community Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: CNB Community Bancorp, Inc.
  • Ticker: CNBB
  • Exchange: OTCPK
  • Founded: 1934
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$79.328m
  • Shares outstanding: 2.14m
  • Website: https://www.countynationalbank.com

Number of Employees


Location

  • CNB Community Bancorp, Inc.
  • One South Howell Street
  • Hillsdale
  • Michigan
  • 49242
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CNBBOTCPK (Pink Sheets LLC)YesShare CapitalUSUSDJul 2010

Biography

CNB Community Bancorp, Inc. operates as the bank holding company for Hillsdale County National Bank that provides retail and commercial banking services in Michigan. The company accepts various checking an ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/22 00:11
End of Day Share Price2019/08/05 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.