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CNB MICNBZ +1.75%57 Return-on-Tangible-Asset is 0.72% as of Mar. 2026, which is 7% above its 10-year median of 0.67. GuruFocus rates CNBZ with a GF Score™ of 57/100 and a GF Value™ of $22.72 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,527 Banks companies, CNB MI ranks worse than 61.23% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. CNB MI's annualizedNet Income for the quarter that ended in Mar. 2026 was $3.37 Mil. CNB MI's average total tangible assets for the quarter that ended in Mar. 2026 was $466.72 Mil. Therefore, CNB MI's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.72%.
The historical rank and industry rank for CNB MI's Return-on-Tangible-Asset or its related term are showing as below:
CNBZ'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.27 Med: 0.67 Max: 0.83
Current: 0.83
During the past 13 years, CNB MI's highest Return-on-Tangible-Asset was 0.83%. The lowest was -0.27%. And the median was 0.67%.
CNBZ's Return-on-Tangible-Asset is ranked worse than 61.23% of 1527
companies
in the Banks industry
Industry Median: 0.99
vs CNBZ: 0.83
CNB MI (OTCPK:CNBZ) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
CNB MI Return-on-Tangible-Asset Related Terms
CNB MI Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for CNB MI's Return-on-Tangible-Asset 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.
CNBZ vs ELMA, VWFB, PFSB: Return-on-Tangible-Asset Comparison
For the Banks - Regional subindustry, CNB MI's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Banks Industry
For the Banks industry and Financial Services sector, CNB MI's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where CNB MI's Return-on-Tangible-Asset falls into.
* 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 0.72% mean?
CNB MI (CNBZ) has a Return-on-Tangible-Asset of 0.72% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on CNB MI and its competitors. This is near median its historical median of 0.67. According to the industry distribution chart, CNB MI ranks #935 out of 1527 companies in the Banks industry, placing it in the top 61.2%.
Is CNB MI's Return-on-Tangible-Asset too high?
CNB MI's current Return-on-Tangible-Asset of 0.72% is near median its 10-year median of 0.67. The Banks industry median Return-on-Tangible-Asset is 0.99. CNB MI's value of 0.72% is 27.3% below this industry median. Based on the distribution chart, CNB MI ranks #935 out of 1527 companies in the Banks industry, which is below the industry midpoint. Overall, CNB MI has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CNB MI's Return-on-Tangible-Asset compare to ELMA and VWFB?
According to the Banks industry distribution chart, CNB MI ranks #935 out of 1527 companies for Return-on-Tangible-Asset. This places CNB MI in the lower half of its industry. The industry median Return-on-Tangible-Asset is 0.99. CNB MI's value of 0.72% is 27.3% below this benchmark. While the company's 10-year median is 0.67 vs. the industry median of 0.99, CNB MI has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Banks company?
The median Return-on-Tangible-Asset among Banks companies is 0.99, based on 1,527 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CNB MI's current Return-on-Tangible-Asset of 0.72% is 27.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on CNB MI and its competitors. For the Banks industry, the median Return-on-Tangible-Asset is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CNB MI's current Return-on-Tangible-Asset is 0.72%, which is near median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CNB MI stock overvalued right now?
Based on GuruFocus' analysis, CNB MI (CNBZ) is currently considered Modestly Overvalued. The stock's GF Value™ is $22.72, compared to a current price of $28.49 — trading 25.4% above its estimated fair value. The current Return-on-Tangible-Asset is 0.72%, which is near median its 10-year median of 0.67 and 27.3% below the Banks industry median of 0.99. CNB MI's overall GF Score™ is 57/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For CNB MI (CNBZ), the current Return-on-Tangible-Asset is 0.72% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is CNB MI (CNBZ) Overvalued in 2026?
Based on GuruFocus' analysis, CNB MI stock appears to be overvalued.
The current stock price of $28.49 is trading 25.4% above its estimated GF Value™ of $22.72.
GuruFocus considers CNB MI to be Modestly Overvalued.
Key valuation signals for CNBZ:
Return-on-Tangible-Asset: 0.72% (near median its 10-year median of 0.67)
GF Value™: $22.72 vs. price of $28.49 (25.4% above fair value)
Industry Position: 27.3% below the Banks median (#935 of 1527)
No single metric tells the full story. See the CNBZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CNB Corp MI is a one-bank holding company. Through its banking subsidiary, it provides a full range of banking services to individuals, agricultural businesses, commercial businesses, and light industries located in its service area. The Group offers a variety of deposit accounts, including checking, savings, money market, individual retirement accounts, and certificates of deposit, and maintains a diversified loan portfolio, including loans to individuals for home mortgages, personal expenditures, and loans to business enterprises for current operations and expansion. Additionally, it offers ATM services, business credit and debit cards, cash management, and wealth management solutions. The Group serves the Michigan communities and the area immediately surrounding these communities.
57GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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