CNB Net Tangible Assets from 2010 to 2024

CCNE Stock  USD 27.91  0.41  1.45%   
CNB Financial's Net Tangible Assets are increasing over the years with slightly volatile fluctuation. Overall, Net Tangible Assets are expected to go to about 518.3 M this year. Net Tangible Assets is the total assets of CNB Financial minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2011-06-30
Previous Quarter
444.8 M
Current Value
448 M
Quarterly Volatility
93.6 M
 
Yuan Drop
 
Covid
Check CNB Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CNB Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 8.1 M, Interest Expense of 109.1 M or Selling General Administrative of 78.7 M, as well as many indicators such as Price To Sales Ratio of 2.25, Dividend Yield of 0.0404 or PTB Ratio of 1.72. CNB financial statements analysis is a perfect complement when working with CNB Financial Valuation or Volatility modules.
  
Check out the analysis of CNB Financial Correlation against competitors.
For information on how to trade CNB Stock refer to our How to Trade CNB Stock guide.

Latest CNB Financial's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of CNB Financial over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. CNB Financial's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CNB Financial's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

CNB Net Tangible Assets Regression Statistics

Arithmetic Mean254,091,534
Geometric Mean224,559,085
Coefficient Of Variation53.41
Mean Deviation111,770,107
Median205,180,000
Standard Deviation135,721,164
Sample Variance18420.2T
Range397.2M
R-Value0.94
Mean Square Error2229.5T
R-Squared0.89
Slope28,591,935
Total Sum of Squares257883.3T

CNB Net Tangible Assets History

2024518.3 M
2023493.6 M
2022429.2 M
2021340.9 M
2020314.6 M
2019266.2 M
2018223.4 M

About CNB Financial Financial Statements

CNB Financial stakeholders use historical fundamental indicators, such as CNB Financial's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although CNB Financial investors may analyze each financial statement separately, they are all interrelated. For example, changes in CNB Financial's assets and liabilities are reflected in the revenues and expenses on CNB Financial's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in CNB Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets493.6 M518.3 M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether CNB Financial is a strong investment it is important to analyze CNB Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CNB Financial's future performance. For an informed investment choice regarding CNB Stock, refer to the following important reports:
Check out the analysis of CNB Financial Correlation against competitors.
For information on how to trade CNB Stock refer to our How to Trade CNB Stock guide.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CNB Financial. If investors know CNB will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CNB Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.017
Dividend Share
0.705
Earnings Share
2.33
Revenue Per Share
10.398
Quarterly Revenue Growth
0.038
The market value of CNB Financial is measured differently than its book value, which is the value of CNB that is recorded on the company's balance sheet. Investors also form their own opinion of CNB Financial's value that differs from its market value or its book value, called intrinsic value, which is CNB Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CNB Financial's market value can be influenced by many factors that don't directly affect CNB Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CNB Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if CNB Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CNB Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.