CNBN (CNB Bancshares) Debt-to-Equity : 0.93 (As of Sep. 2024)

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What is CNB Bancshares Debt-to-Equity?

CNB Bancshares's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $47.63 Mil. CNB Bancshares's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $91.09 Mil. CNB Bancshares's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $148.50 Mil. CNB Bancshares's debt to equity for the quarter that ended in Sep. 2024 was 0.93.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for CNB Bancshares's Debt-to-Equity or its related term are showing as below:

CNBN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12 Med: 0.42 Max: 0.93
Current: 0.93

During the past 8 years, the highest Debt-to-Equity Ratio of CNB Bancshares was 0.93. The lowest was 0.12. And the median was 0.42.

CNBN's Debt-to-Equity is ranked worse than
63.12% of 1448 companies
in the Banks industry
Industry Median: 0.63 vs CNBN: 0.93

CNB Bancshares Debt-to-Equity Historical Data

The historical data trend for CNB Bancshares's Debt-to-Equity 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 Bancshares Debt-to-Equity Chart

CNB Bancshares Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.21

0.19

0.12

0.64

0.45

CNB Bancshares Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.81	0.45	0.80	0.90	0.93

Competitive Comparison of CNB Bancshares's Debt-to-Equity

For the Banks - Regional subindustry, CNB Bancshares's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

CNB Bancshares's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, CNB Bancshares's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where CNB Bancshares's Debt-to-Equity falls into.

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CNB Bancshares Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CNB Bancshares's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	60.68)	/	133.91
	=	0.45

CNB Bancshares's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(47.628	+	91.085)	/	148.5
	=	0.93

CNB Bancshares (OTCPK:CNBN) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

CNB Bancshares Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of CNB Bancshares's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

CNB Bancshares Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » CNB Bancshares Inc (OTCPK:CNBN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

450 West Side Square, Carlinville, IL, USA, 62626

Website

https://www.cnbil.com

CNB Bancshares Inc is a United States-based company engaged in the provision of a full range of banking services to individual and corporate customers throughout South-Central Illinois, Suburban Southwestern Chicago, and the St. Louis metropolitan area. It carries the business through its wholly-owned subsidiary bank. The services offered include checking, savings accounts, loans and credits, trust and estate services, and farm management, among others.

CNB Bancshares Headlines

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