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CNB Community Bancorp Inc - CNBB STOCK NEWS

Welcome to our dedicated news page for CNB Community Bancorp (Ticker: CNBB), a resource for investors and traders seeking the latest updates and insights on CNB Community Bancorp.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect CNB Community Bancorp's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of CNB Community Bancorp's position in the market.

Rhea-AI Summary
CNB Community Bancorp, Inc. reports a decrease in earnings for the first quarter of 2024 compared to the same period in 2023. The annualized return on average assets and equity also declined. However, the company saw an increase in total assets and net loans. Total deposits decreased slightly, while book value per share and total equity increased. The company's net income and basic EPS decreased, but net interest income increased. Pre-tax, pre-provision income also decreased for the first quarter of 2024.
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Rhea-AI Summary
CNB Community Bancorp, Inc. (CNBB) declares a quarterly cash dividend of $0.29 per share, matching the previous quarter's payout, payable on April 12, 2024.
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Rhea-AI Summary
CNB Community Bancorp, Inc. (CNBB) reported a decrease in earnings for the three months and twelve months ended December 31, 2023. The net income for the fourth quarter of 2023 was $2.5 million, down $603,000 from the same period in 2022. Basic earnings per share also decreased to $1.17 from $1.45. For the entire year of 2023, the company reported a net income of $10.6 million, a decrease of 13.1% from 2022. The annualized return on average assets (ROA) decreased to 0.83% for the fourth quarter of 2023, down 27 basis points from the same period in 2022. The annualized return on average equity (ROE) also decreased to 10.63% from 14.31%. Despite the decrease in earnings, the company saw positive growth in total assets, net loans, book value per share, and total equity.
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End-of-Day
1.43%
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Rhea-AI Summary
CNB Community Bancorp, Inc. (OTC:CNBB) declares quarterly cash dividend of $0.29 per share, same as 4th Quarter 2022, and a special annual dividend of $0.20 per share, payable on January 12, 2024, for shareholders of record on December 31, 2023.
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End-of-Day
0.99%
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Rhea-AI Summary
CNB Community Bancorp, Inc. announces Q3 2023 earnings with a decrease in net income and basic earnings per share compared to the same period last year.
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1.67%
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Rhea-AI Summary
CNB Community Bancorp, Inc. declares a quarterly cash dividend of $0.29 per share, a $0.02 increase from last year's dividend.
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-0.51%
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CNB Community Bancorp Inc

OTC:CNBB

CNBB Rankings

CNBB Stock Data

75.62M
2.89%
Commercial Banking
Finance and Insurance
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US
Hillsdale