CNB Historical Income Statement

CCNE Stock

USD 19.85 0.16 0.81%

Historical analysis of CNB Financial income statement accounts such as Interest Expense of 5.8 M, Selling General Administrative of 78.7 M or Total Revenue of 343.4 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.

Cash Flow Balance Sheet Income Statement

Dot-com Bubble

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Yuan Drop

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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.

Net Income Gross Profit

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 tightly coupled 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

CNB Financial Income Statement is one of the three primary financial statements used for reporting CNB's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of CNB Financial revenue and expense. CNB Financial Income Statement primarily focuses on the company's revenues and expenses during a particular period.

At present, CNB Financial's Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 343.4 M, whereas Interest Expense is forecasted to decline to about 5.8 M.

Selling General Administrative Total Revenue Gross Profit Operating Income Cost Of Revenue Preferred Stock And Other Adjustments

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.

Operating Income

Operating Income is the amount of profit realized from CNB Financial operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of CNB Financial is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Cost Of Revenue

Cost of Revenue is found on CNB Financial income statement and represents the costs associated with goods and services CNB Financial provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

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 tightly coupled 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 Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 343.4 M, whereas Interest Expense is forecasted to decline to about 5.8 M.

	2021	2022	2023	2024 (projected)
Interest Expense	19.8M	24.1M	6.1M	5.8M
Depreciation And Amortization	107K	6.6M	84K	79.8K

Interest Expense Depreciation And Amortization

CNB Financial income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling And Marketing Expenses	Net Income From Continuing Ops	Non Recurring	Tax Provision	Net Interest Income	Interest Income	Reconciled Depreciation	Extraordinary Items
Depreciation And Amortization		0.17	0.12	-0.02	-0.02	-0.16	0.54	0.64	0.68	0.18	0.19	-0.49	0.18	0.24	0.2	0.25	0.01	0.34	0.22	0.09	0.26	-0.27
Interest Expense	0.17		0.12	-0.11	-0.11	-0.4	0.22	0.57	0.55	-0.81	0.1	0.02	0.13	-0.06	0.27	0.23	0.39	-0.2	0.14	0.11	-0.02	-0.47
Selling General Administrative	0.12	0.12		0.95	0.95	0.43	0.73	0.09	0.09	-0.04	0.98	0.67	0.98	0.88	0.83	0.88	0.73	0.7	0.91	0.89	0.04	0.58
Total Revenue	-0.02	-0.11	0.95		1.0	0.63	0.57	-0.2	-0.19	0.17	0.92	0.74	0.92	0.84	0.71	0.77	0.62	0.68	0.85	0.87	0.15	0.78
Gross Profit	-0.02	-0.11	0.95	1.0		0.63	0.57	-0.2	-0.19	0.17	0.92	0.74	0.92	0.84	0.71	0.77	0.62	0.68	0.85	0.87	0.15	0.78
Other Operating Expenses	-0.16	-0.4	0.43	0.63	0.63		0.11	-0.59	-0.57	0.65	0.4	0.39	0.4	0.36	0.3	0.23	0.18	0.31	0.3	0.43	0.5	0.82
Operating Income	0.54	0.22	0.73	0.57	0.57	0.11		0.6	0.61	-0.06	0.78	0.11	0.76	0.76	0.85	0.84	0.65	0.71	0.76	0.69	-0.02	0.23
Ebit	0.64	0.57	0.09	-0.2	-0.2	-0.59	0.6		1.0	-0.47	0.17	-0.44	0.16	0.19	0.3	0.29	0.22	0.12	0.12	-0.03	-0.3	-0.64
Ebitda	0.68	0.55	0.09	-0.19	-0.19	-0.57	0.61	1.0		-0.44	0.17	-0.45	0.16	0.19	0.3	0.29	0.21	0.13	0.13	-0.03	-0.27	-0.63
Total Operating Expenses	0.18	-0.81	-0.04	0.17	0.17	0.65	-0.06	-0.47	-0.44		-0.03	-0.2	-0.07	0.14	-0.1	-0.19	-0.3	0.25	-0.09	-0.04	0.5	0.5
Income Before Tax	0.19	0.1	0.98	0.92	0.92	0.4	0.78	0.17	0.17	-0.03		0.65	1.0	0.91	0.79	0.92	0.66	0.77	0.91	0.87	-0.05	0.54
Total Other Income Expense Net	-0.49	0.02	0.67	0.74	0.74	0.39	0.11	-0.44	-0.45	-0.2	0.65		0.67	0.48	0.37	0.58	0.46	0.41	0.64	0.69	-0.17	0.63
Net Income	0.18	0.13	0.98	0.92	0.92	0.4	0.76	0.16	0.16	-0.07	1.0	0.67		0.87	0.78	0.93	0.67	0.74	0.92	0.88	-0.06	0.54
Income Tax Expense	0.24	-0.06	0.88	0.84	0.84	0.36	0.76	0.19	0.19	0.14	0.91	0.48	0.87		0.75	0.77	0.57	0.83	0.76	0.71	-0.03	0.49
Selling And Marketing Expenses	0.2	0.27	0.83	0.71	0.71	0.3	0.85	0.3	0.3	-0.1	0.79	0.37	0.78	0.75		0.84	0.89	0.63	0.81	0.83	0.17	0.45
Net Income From Continuing Ops	0.25	0.23	0.88	0.77	0.77	0.23	0.84	0.29	0.29	-0.19	0.92	0.58	0.93	0.77	0.84		0.74	0.77	0.96	0.92	-0.09	0.46
Non Recurring	0.01	0.39	0.73	0.62	0.62	0.18	0.65	0.22	0.21	-0.3	0.66	0.46	0.67	0.57	0.89	0.74		0.47	0.73	0.76	0.04	0.37
Tax Provision	0.34	-0.2	0.7	0.68	0.68	0.31	0.71	0.12	0.13	0.25	0.77	0.41	0.74	0.83	0.63	0.77	0.47		0.79	0.74	-0.03	0.52
Net Interest Income	0.22	0.14	0.91	0.85	0.85	0.3	0.76	0.12	0.13	-0.09	0.91	0.64	0.92	0.76	0.81	0.96	0.73	0.79		0.97	0.05	0.58
Interest Income	0.09	0.11	0.89	0.87	0.87	0.43	0.69	-0.03	-0.03	-0.04	0.87	0.69	0.88	0.71	0.83	0.92	0.76	0.74	0.97		0.16	0.7
Reconciled Depreciation	0.26	-0.02	0.04	0.15	0.15	0.5	-0.02	-0.3	-0.27	0.5	-0.05	-0.17	-0.06	-0.03	0.17	-0.09	0.04	-0.03	0.05	0.16		0.35
Extraordinary Items	-0.27	-0.47	0.58	0.78	0.78	0.82	0.23	-0.64	-0.63	0.5	0.54	0.63	0.54	0.49	0.45	0.46	0.37	0.52	0.58	0.7	0.35

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CNB Financial Account Relationship Matchups

CNB Financial income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	567K	206K	107K	6.6M	84K	79.8K
Interest Expense	39.5M	32.5M	19.8M	24.1M	6.1M	5.8M
Selling General Administrative	47.7M	51.1M	63.7M	74.3M	74.9M	78.7M
Total Revenue	139.3M	159.6M	189.4M	219.6M	327.0M	343.4M
Gross Profit	139.3M	159.6M	189.4M	219.6M	327.0M	343.4M
Other Operating Expenses	90.6M	(119.5M)	(118.6M)	7.1M	255.2M	268.0M
Operating Income	48.6M	40.1M	70.8M	102.3M	75.7M	42.6M
Ebit	71.1M	48.6M	40.1M	70.8M	102.3M	0.0
Ebitda	49.2M	40.3M	70.9M	108.9M	84K	79.8K
Total Operating Expenses	(90.6M)	(119.5M)	(118.6M)	7.1M	55.6M	58.4M
Income Before Tax	48.6M	40.1M	70.8M	78.2M	71.8M	75.4M
Total Other Income Expense Net	48.6M	40.1M	70.8M	(24.1M)	71.8M	75.4M
Net Income	40.1M	32.7M	57.7M	63.2M	58.0M	60.9M
Income Tax Expense	8.6M	7.3M	13.1M	15.0M	13.8M	14.5M
Net Income Applicable To Common Shares	40.1M	31.6M	53.4M	58.9M	67.7M	71.1M
Selling And Marketing Expenses	2.1M	2.0M	2.1M	2.9M	3.1M	1.8M
Net Income From Continuing Ops	40.1M	32.7M	57.7M	63.2M	59.9M	36.0M
Tax Provision	8.6M	7.3M	13.1M	15.0M	14.6M	11.4M
Net Interest Income	115.2M	134.7M	159.8M	187.8M	192.5M	139.3M
Interest Income	154.7M	167.2M	179.6M	211.8M	276.5M	172.3M
Reconciled Depreciation	6.0M	6.1M	107K	6.6M	7.1M	5.6M

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards CNB Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, CNB Financial's short interest history, or implied volatility extrapolated from CNB Financial options trading.

Pair Trading with CNB Financial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CNB Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CNB Financial will appreciate offsetting losses from the drop in the long position's value.

Moving against CNB Stock

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0.46	CFG-PD	Citizens Financial	Pair Corr

The ability to find closely correlated positions to CNB Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CNB Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CNB Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CNB Financial to buy it.

The correlation of CNB Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CNB Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CNB Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for CNB Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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:

How To Invest In CNB

Details

Is CNB Stock a good investment?

Details

What is CNB Financial's Net Worth?

Details

Largest Banks - Regional Companies

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Largest Financial Services Companies

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For information on how to trade CNB Stock refer to our How to Trade CNB Stock guide.

You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

Complementary Tools for CNB Stock analysis

When running CNB Financial's price analysis, check to measure CNB Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CNB Financial is operating at the current time. Most of CNB Financial's value examination focuses on studying past and present price action to predict the probability of CNB Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CNB Financial's price. Additionally, you may evaluate how the addition of CNB Financial to your portfolios can decrease your overall portfolio volatility.

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Is CNB Financial's industry 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

(0.25)

Dividend Share

0.7

Earnings Share

2.37

Revenue Per Share

10.343

Quarterly Revenue Growth

(0.03)

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.

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CNB Historical Income Statement

About CNB Income Statement Analysis

CNB Financial Income Statement Chart

Total Revenue

Gross Profit

Operating Income

Cost Of Revenue

CNB Financial income statement Correlations

CNB Financial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

CNB Financial income statement Accounts

Pair Trading with CNB Financial

Moving against CNB Stock

Complementary Tools for CNB Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Gross Profit	+ 1.0	Total Revenue
Ebitda	+ 1.0	Ebit
Net Income	+ 1.0	Income Before Tax
Income Before Tax	+ 0.98	Selling General Administrative
Net Income	+ 0.98	Selling General Administrative
Interest Income	+ 0.97	Net Interest Income

Total Operating Expenses	- 0.81	Interest Expense
Extraordinary Items	- 0.64	Ebit
Extraordinary Items	- 0.63	Ebitda
Ebit	- 0.59	Other Operating Expenses
Ebitda	- 0.57	Other Operating Expenses
Total Other Income Expense Net	- 0.49	Depreciation And Amortization