CNB Community Bancorp's Total Assets for the quarter that ended in Mar. 2024 was $1,248.41 Mil.
Warning Sign:
If a company builds assets at 13.6% a year, faster than its revenue growth rate of 8% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, CNB Community Bancorp's average Total Assets Growth Rate was 13.00% per year.
During the past 3 years, the average Total Assets Growth Rate was 10.50% per year.
During the past 5 years, the average Total Assets Growth Rate was 13.60% per year.
During the past 7 years, CNB Community Bancorp's highest 3-Year average Total Assets Growth Rate was 15.70%. The lowest was 10.50%. And the median was 14.05%.
CNB Community Bancorp Total Assets Historical Data
The historical data trend for CNB Community Bancorp's Total Assets 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.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
CNB Community Bancorp's Total Assets for the fiscal year that ended in Dec. 2023 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.
CNB Community Bancorp (OTCPK:CNBB) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Mar. 2024) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
CNB Community Bancorp's Asset Turnover for the quarter that ended in Mar. 2024 is
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
CNB Community Bancorp Total Assets Related Terms
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CNB Community Bancorp (CNB Community Bancorp) Business Description
CNB Community Bancorp Inc is a United States based bank holding company of County National Bank. The bank engaged in offering personal banking and business banking services. It provides checking accounts services, savings accounts services, loans, mortgages, Certificate of deposit, debit card and credit cards, among other services. In addition, the bank is also involved in the trust and investment activities. The company offers banking products and services to the local communities it serves in Hillsdale, Jackson, Calhoun, and Lenawee counties in Michigan, US.
CNB Community Bancorp (CNB Community Bancorp) Headlines
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