GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » CNB Financial Services Inc (OTCPK:CBFC) » Definitions » Net Income

CNB Financial Services (CNB Financial Services) Net Income : $1.71 Mil (TTM As of Sep. 2010)


View and export this data going back to . Start your Free Trial

What is CNB Financial Services Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. CNB Financial Services's Net Income for the three months ended in Sep. 2010 was $0.46 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2010 was $1.71 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. CNB Financial Services's Earnings per Share (Diluted) for the three months ended in Sep. 2010 was $1.05.


CNB Financial Services Net Income Historical Data

The historical data trend for CNB Financial Services's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CNB Financial Services Net Income Chart

CNB Financial Services Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09
Net Income
2.45 2.47 2.50 2.72 2.15

CNB Financial Services Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.61 0.39 0.43 0.42 0.46

CNB Financial Services Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

CNB Financial Services's Net Income for the fiscal year that ended in Dec. 2009 is calculated as

Net Income(A: Dec. 2009 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=2.715+-0.566+0+0.00099999999999989
=2.15

CNB Financial Services's Net Income for the quarter that ended in Sep. 2010 is calculated as

Net Income(Q: Sep. 2010 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0.498+-0.033+0+-0.00099999999999995
=0.46

Net Income for the trailing twelve months (TTM) ended in Sep. 2010 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.71 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


CNB Financial Services  (OTCPK:CBFC) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

CNB Financial Services's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2010 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


CNB Financial Services Net Income Related Terms

Thank you for viewing the detailed overview of CNB Financial Services's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


CNB Financial Services (CNB Financial Services) Business Description

Traded in Other Exchanges
N/A
Address
101 S. Washington Street, Berkeley Springs, WV, USA, 25411
CNB Financial Services Inc operates as the bank holding company for CNB Bank, Inc which is a full-service commercial bank conducting general banking and trust activities through various full-service offices and automated teller machines located in Morgan and Berkeley Counties, West Virginia and Washington County, Maryland among others. The sources of revenue for the Bank are interest income from loans and investments and non-interest income.

CNB Financial Services (CNB Financial Services) Headlines

No Headlines