Welcome to our dedicated page for CNB Community Bancorp news (Ticker: CNBB), a resource for investors and traders seeking the latest updates and insights on CNB Community Bancorp stock.
CNB Community Bancorp, Inc. (OTCQX: CNBB) is a Michigan-based community banking institution focused on delivering personalized financial services through its subsidiary, County National Bank. This page serves as the definitive source for all official company announcements, providing investors and community members with timely updates on CNBB's operations and initiatives.
Access curated press releases covering quarterly earnings, strategic expansions, and community development programs. Our repository ensures transparent access to critical updates including regulatory filings, leadership changes, and product launches. Users gain insights into how CNBB maintains its commitment to southern Michigan while navigating evolving banking sector challenges.
Key content categories include financial performance reports, branch network developments, and local economic partnerships. The collection emphasizes CNBB's dual focus on shareholder value creation and community reinvestment strategies that drive regional growth.
Bookmark this page for direct access to primary source materials from the $1.3 billion asset institution. Check back regularly to stay informed about CNB Community Bancorp's latest milestones in relationship banking and trust services.
CNB Community Bancorp (OTCQX: CNBB) has completed its tender offer, successfully purchasing 56,524 shares of its common stock at $44.09 per share. The total purchase amount was $2,492,143.16, excluding related fees and expenses.
The tender offer, which expired on September 24, 2025, initially targeted up to 75,000 shares but received tenders for 56,524 shares. The purchased shares represent approximately 2.7% of the Company's outstanding shares as of August 19, 2025. Payments to participating shareholders are expected to be processed promptly after the expiration date.
CNB Community Bancorp (OTCQX:CNBB) has announced a quarterly cash dividend of $0.32 per share, representing a $0.03 increase from the previous quarter's dividend. The dividend will be payable on October 10, 2025, to shareholders of record as of September 30, 2025.
CNB Community Bancorp (OTCQX: CNBB) has launched a tender offer to purchase up to 75,000 shares of its outstanding common stock at $44.09 per share. The company, which had 2,094,557 shares outstanding as of August 19, 2025, views this as a strategic use of financial resources following their 2024 tender offer.
The tender offer will expire on September 24, 2025 at 5:00 p.m. EDT, unless extended. If oversubscribed, "odd lot" holders (fewer than 100 shares) will have priority, with remaining shares purchased on a pro rata basis. The offer provides shareholders liquidity at a price above the average trading price over the first seven months of 2025, without typical transaction costs.
CNB Community Bancorp (OTCQX: CNBB) reported strong Q2 2025 financial results, with net income reaching $3.0 million, up 2.8% from Q2 2024. The company's basic earnings per share increased to $1.48, up from $1.35 year-over-year.
Key financial metrics include total assets of $1.28 billion (up 2.6% YoY), net loans of $1.06 billion (up 4.7% YoY), and total deposits of $1.10 billion (up 5.4% YoY). Book value per share grew significantly to $51.15, representing a 10.9% increase from the previous year.
The growth was primarily driven by increased net interest income and higher Wealth Management income, though partially offset by rising compensation, benefits, and operational expenses. The company maintained stable performance with ROA at 0.95% and ROE at 11.71% for Q2 2025.
CNB Community Bancorp (OTCQX: CNBB) reported its Q1 2025 financial results, maintaining steady earnings of $2.7 million, matching Q1 2024. Basic earnings per share increased to $1.30, up from $1.26 year-over-year.
Key metrics show mixed performance: ROA decreased to 0.83% (down 5 basis points), while book value per share rose 10.8% to $49.90. Total assets grew 3.8% to $1.30 billion, net loans increased 6.7% to $1.04 billion, and deposits rose 3.4% to $1.12 billion compared to Q1 2024.
Net interest income improved by $783,000 to $11.3 million in Q1 2025. The company reports higher rates on new loans entering their portfolio, expecting this trend to support margins throughout the year.
CNB Community Bancorp (OTCQX:CNBB) has announced a quarterly cash dividend of $0.30 per share for its shareholders, representing a $0.01 increase from the previous quarter's dividend payment. The dividend will be paid on April 11, 2025, to shareholders of record as of March 31, 2025.
CNB Community Bancorp (OTCQX: CNBB) reported its financial results for Q4 and full-year 2024. Q4 earnings were $2.4 million, slightly down from $2.5 million in Q4 2023. However, following a share buyback in September, basic earnings per share increased to $1.20, up from $1.17.
Full-year 2024 net income reached $11.6 million, a 9.1% increase from 2023's $10.6 million. Basic EPS for 2024 rose to $5.42 from $4.91. The company's total assets grew by $34.3 million to $1.28 billion, while net loans increased by $78.5 million to $1.03 billion. Total deposits rose by $23.7 million to $1.10 billion.
The company completed a tender offer to repurchase 145,000 shares at $38.50 per share in Q3 2024. Book value per share increased 10.8% to $48.65. Net interest income for Q4 2024 grew by $1.1 million to $11.4 million, while full-year net interest income increased by $3.9 million or 9.6%.
CNB Community Bancorp (OTCQX: CNBB) has announced two dividend payments for shareholders. The company declared a quarterly cash dividend of $0.30 per share, representing a $0.01 increase from Q4 2023's dividend. Additionally, the Board of Directors approved a special annual dividend of $0.20 per share. Both dividends will be paid on January 17, 2025, to shareholders of record as of December 31, 2024.
CNB Community Bancorp, Inc. (OTCQX: CNBB) reported strong financial results for Q3 2024. Net income increased by 30.4% to $3.5 million, with basic EPS rising to $1.59. For the nine months ended September 30, 2024, net income grew 12.9% to $9.1 million. The company saw improvements in key metrics:
- ROA increased to 1.10% for Q3 2024
- ROE rose to 12.99% for Q3 2024
- Book value per share reached $48.16, up 10.8% YoY
CNB completed a share repurchase of 145,000 shares at $38.50 per share. Total assets grew 4.3% YoY to $1.26 billion, while net loans increased 12.4% to $1.04 billion. However, total deposits decreased 4.7% to $1.05 billion. The company plans to open a new loan production office in Lansing this fall, focusing on relationship banking and strategic growth.
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