CNB Income Before Tax vs Total Revenue Analysis

CCNE Stock  USD 20.53  0.08  0.39%   
CNB Financial financial indicator trend analysis is way more than just evaluating CNB Financial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CNB Financial is a good investment. Please check the relationship between CNB Financial Income Before Tax and its Total Revenue accounts. 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.

Income Before Tax vs Total Revenue

Income Before Tax vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CNB Financial Income Before Tax account and Total Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between CNB Financial's Income Before Tax and Total Revenue is 0.92. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Total Revenue in the same time period over historical financial statements of CNB Financial, assuming nothing else is changed. The correlation between historical values of CNB Financial's Income Before Tax and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of CNB Financial are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Income Before Tax i.e., CNB Financial's Income Before Tax and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on CNB Financial income statement and is an important metric when analyzing CNB Financial profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

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.
Most indicators from CNB Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 4,438, whereas Issuance Of Capital Stock is forecasted to decline to 0.00.
 2021 2022 2023 2024 (projected)
Interest Expense19.8M24.1M6.1M5.8M
Depreciation And Amortization107K6.6M84K79.8K

CNB Financial fundamental ratios Correlations

0.080.990.98-0.50.980.650.650.350.920.120.760.60.940.980.950.20.60.290.32-0.23-0.2-0.030.940.370.01
0.080.030.120.640.08-0.3-0.20.240.180.090.29-0.140.110.14-0.030.33-0.22-0.41-0.34-0.20.060.66-0.060.450.09
0.990.030.99-0.460.990.580.720.450.93-0.010.740.680.970.960.970.10.680.370.41-0.22-0.24-0.020.910.33-0.09
0.980.120.99-0.40.990.550.70.460.92-0.020.740.680.960.960.960.080.670.350.38-0.24-0.290.020.890.32-0.12
-0.50.64-0.46-0.4-0.4-0.92-0.230.27-0.3-0.43-0.22-0.16-0.27-0.46-0.44-0.11-0.21-0.19-0.130.020.050.56-0.70.08-0.13
0.980.080.990.99-0.40.540.750.490.94-0.060.730.720.970.960.980.10.710.40.43-0.23-0.24-0.020.880.36-0.12
0.65-0.30.580.55-0.920.540.18-0.220.460.570.420.120.380.630.530.310.150.030.0-0.13-0.03-0.370.840.120.21
0.65-0.20.720.7-0.230.750.180.60.68-0.510.380.990.740.610.76-0.230.990.80.79-0.07-0.26-0.290.530.1-0.24
0.350.240.450.460.270.49-0.220.60.6-0.690.230.660.530.350.5-0.150.630.440.48-0.19-0.20.170.160.37-0.73
0.920.180.930.92-0.30.940.460.680.6-0.120.690.670.90.890.890.290.650.390.41-0.180.01-0.010.80.61-0.21
0.120.09-0.01-0.02-0.43-0.060.57-0.51-0.69-0.120.2-0.56-0.130.2-0.110.58-0.56-0.72-0.74-0.320.150.020.310.090.65
0.760.290.740.74-0.220.730.420.380.230.690.20.350.730.760.680.230.330.050.1-0.2-0.10.190.70.410.15
0.6-0.140.680.68-0.160.720.120.990.660.67-0.560.350.70.570.72-0.241.00.790.79-0.09-0.26-0.260.470.12-0.32
0.940.110.970.96-0.270.970.380.740.530.9-0.130.730.70.920.950.030.70.370.42-0.23-0.270.090.80.32-0.13
0.980.140.960.96-0.460.960.630.610.350.890.20.760.570.920.920.260.560.160.18-0.41-0.210.010.920.390.0
0.95-0.030.970.96-0.440.980.530.760.50.89-0.110.680.720.950.92-0.010.720.440.48-0.2-0.3-0.020.850.26-0.18
0.20.330.10.08-0.110.10.31-0.23-0.150.290.580.23-0.240.030.26-0.01-0.26-0.42-0.47-0.290.690.00.250.810.38
0.6-0.220.680.67-0.210.710.150.990.630.65-0.560.331.00.70.560.72-0.260.810.8-0.08-0.26-0.310.480.09-0.32
0.29-0.410.370.35-0.190.40.030.80.440.39-0.720.050.790.370.160.44-0.420.810.990.48-0.12-0.460.23-0.07-0.27
0.32-0.340.410.38-0.130.430.00.790.480.41-0.740.10.790.420.180.48-0.470.80.990.51-0.15-0.310.24-0.09-0.28
-0.23-0.2-0.22-0.240.02-0.23-0.13-0.07-0.19-0.18-0.32-0.2-0.09-0.23-0.41-0.2-0.29-0.080.480.510.16-0.15-0.18-0.20.19
-0.20.06-0.24-0.290.05-0.24-0.03-0.26-0.20.010.15-0.1-0.26-0.27-0.21-0.30.69-0.26-0.12-0.150.16-0.05-0.160.580.22
-0.030.66-0.020.020.56-0.02-0.37-0.290.17-0.010.020.19-0.260.090.01-0.020.0-0.31-0.46-0.31-0.15-0.05-0.140.09-0.03
0.94-0.060.910.89-0.70.880.840.530.160.80.310.70.470.80.920.850.250.480.230.24-0.18-0.16-0.140.280.14
0.370.450.330.320.080.360.120.10.370.610.090.410.120.320.390.260.810.09-0.07-0.09-0.20.580.090.28-0.01
0.010.09-0.09-0.12-0.13-0.120.21-0.24-0.73-0.210.650.15-0.32-0.130.0-0.180.38-0.32-0.27-0.280.190.22-0.030.14-0.01
Click cells to compare fundamentals

CNB Financial Account Relationship Matchups

CNB Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.8B4.7B5.3B5.5B5.8B6.0B
Short Long Term Debt Total298.5M70.6M104.3M237.0M104.9M126.8M
Total Stockholder Equity305.0M416.1M442.8M530.8M571.2M599.8M
Property Plant And Equipment Net73.3M78.5M81.6M100.8M109.4M114.9M
Net Debt105.6M(462.1M)(627.9M)130.7M(117.2M)(111.3M)
Retained Earnings201.5M218.7M260.6M306.9M345.9M363.2M
Cash193.0M532.7M732.2M106.3M222.0M233.1M
Non Current Assets Total664.3M714.3M833.4M932.5M5.5B5.8B
Non Currrent Assets Other(664.3M)(714.3M)(833.4M)1.8M319.3M335.2M
Other Assets2.3B2.9B3.0B4.0B4.6B4.8B
Cash And Short Term Investments735.3M1.1B1.4B477.7M(54.8M)(52.0M)
Common Stock Shares Outstanding15.2M16M16.8M18.0M20.9M13.0M
Liabilities And Stockholders Equity3.8B4.7B5.3B5.5B5.8B6.0B
Non Current Liabilities Total298.5M70.6M104.3M183.7M3.6B3.8B
Other Stockholder Equity96.5M124.6M124.9M218.6M213.6M224.3M
Total Liab3.5B4.3B4.9B4.9B5.2B5.4B
Property Plant And Equipment Gross73.3M78.5M141.4M165.8M180.1M189.1M
Total Current Assets760.2M1.2B1.5B539.8M224.2M425.1M
Accumulated Other Comprehensive Income6.9M15.1M(394K)(52.5M)(46.1M)(43.8M)
Net Receivables24.9M37.4M40.7M62.1M4.4B4.6B
Other Current Liab(38.5M)(41.4M)(45.0M)(183.7M)1.5B1.6B
Total Current Liabilities38.5M41.4M45.0M183.7M1.5B1.6B
Accounts Payable38.5M41.4M45.0M51.3M59.0M56.0M
Other Current Assets215.9M557.9M758.8M137.5M224.2M212.9M
Short Term Debt39.1M1.7M1.7M132.4M2.7M2.5M
Other Liab33.9M60.9M66.2M47.4M54.5M57.2M
Short Term Investments542.3M584.9M697.2M381.0M342.0M375.3M
Inventory(215.9M)(557.9M)(758.8M)(137.5M)(4.4B)(4.1B)
Treasury Stock(2.6M)(2.8M)(3.0M)(2.5M)(2.8M)(3.0M)
Intangible Assets160K567K460K364K1.8M1.7M
Property Plant Equipment54.9M60.1M81.6M100.8M116.0M121.8M
Net Tangible Assets266.2M314.6M340.9M429.2M493.6M518.3M
Retained Earnings Total Equity201.5M218.7M260.6M306.9M352.9M370.6M
Capital Surpluse99.3M127.5M127.4M221.6M254.8M267.5M
Long Term Investments3.4B621.1M707.6M785.8M740.2M992.7M
Non Current Liabilities Other285.7M60.9M66.2M85M97.8M161.4M
Short Long Term Debt34.4M0.037.5M132.4M119.2M125.1M

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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 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.
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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.