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CNBZ (CNB MI) Net Margin % : 19.70% (As of Dec. 2024)


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What is CNB MI Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. CNB MI's Net Income for the three months ended in Dec. 2024 was $0.92 Mil. CNB MI's Revenue for the three months ended in Dec. 2024 was $4.67 Mil. Therefore, CNB MI's net margin for the quarter that ended in Dec. 2024 was 19.70%.

The historical rank and industry rank for CNB MI's Net Margin % or its related term are showing as below:

CNBZ' s Net Margin % Range Over the Past 10 Years
Min: -6.57   Med: 17.66   Max: 22.94
Current: 18.5


CNBZ's Net Margin % is ranked worse than
69.94% of 1537 companies
in the Banks industry
Industry Median: 25.04 vs CNBZ: 18.50

CNB MI Net Margin % Historical Data

The historical data trend for CNB MI's Net Margin % 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 MI Net Margin % Chart

CNB MI Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.07 19.48 22.94 21.74 18.50

CNB MI Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Net Margin % 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 21.41 16.47 17.20 20.26 19.70

Competitive Comparison of CNB MI's Net Margin %

For the Banks - Regional subindustry, CNB MI's Net Margin %, along with its competitors' market caps and Net Margin % 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 MI's Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, CNB MI's Net Margin % distribution charts can be found below:

* The bar in red indicates where CNB MI's Net Margin % falls into.


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CNB MI Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

CNB MI's Net Margin for the fiscal year that ended in Dec. 2024 is calculated as

Net Margin=Net Income (A: Dec. 2024 )/Revenue (A: Dec. 2024 )
=3.214/17.369
=18.50 %

CNB MI's Net Margin for the quarter that ended in Dec. 2024 is calculated as

Net Margin=Net Income (Q: Dec. 2024 )/Revenue (Q: Dec. 2024 )
=0.919/4.666
=19.70 %

* 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 MI  (OTCPK:CNBZ) Net Margin % Explanation

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.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


CNB MI Net Margin % Related Terms

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CNB MI Business Description

Traded in Other Exchanges
N/A
Address
303 North Main Street, Cheboygan, MI, USA, 49721
CNB Corp MI is a one-bank holding company, that conducts no direct business activities. All business activities are performed by Citizens National Bank. The Bank provides a full range of banking services to individuals, agricultural businesses, commercial businesses, and light industries located in its service area. It maintains a diversified loan portfolio, including loans to individuals for home mortgages, automobiles, personal expenditures, and loans to business enterprises for current operations and expansion. It is headquartered in Cheboygan with offices in Onaway, Pellston, Mackinaw City, Indian River, Alanson, and Petoskey.

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