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CNB Financial Services (CNB Financial Services) Retained Earnings : $23.56 Mil (As of Sep. 2010)


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What is CNB Financial Services Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. CNB Financial Services's retained earnings for the quarter that ended in Sep. 2010 was $23.56 Mil.

CNB Financial Services's quarterly retained earnings increased from Mar. 2010 ($22.90 Mil) to Jun. 2010 ($23.09 Mil) and increased from Jun. 2010 ($23.09 Mil) to Sep. 2010 ($23.56 Mil).

CNB Financial Services's annual retained earnings increased from Dec. 2007 ($19.16 Mil) to Dec. 2008 ($21.02 Mil) and increased from Dec. 2008 ($21.02 Mil) to Dec. 2009 ($22.48 Mil).


CNB Financial Services Retained Earnings Historical Data

The historical data trend for CNB Financial Services's Retained Earnings 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 Retained Earnings Chart

CNB Financial Services Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09
Retained Earnings
15.66 17.42 19.16 21.02 22.48

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
Retained Earnings 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 22.54 22.48 22.90 23.09 23.56

CNB Financial Services Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


CNB Financial Services  (OTCPK:CBFC) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


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.

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