CNB Corporation (CNBZ)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
CNB Corporation (CNBZ) trades at $24.01 with AI Score 53/100 (Grade B). CNB Corporation operates as the bank holding company for Citizens National Bank, providing a full range of financial services to individuals and businesses in specific Michigan counties. Market cap: $29.07M, Sector: Financial services.
Price live · AI analysis from Jun 15, 2026Analyst Coverage for CNBZ: CNBZ does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates CNBZ against Financial Services peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
CNBZ: 4/6 perspectives are bullish. Dominant signal: Ray Dalio bullish.
How is this calculated? →CNB Corporation (CNBZ) Financial Services Profile
CNB Corporation, operating as the bank holding company for Citizens National Bank, provides comprehensive financial services to individuals and businesses across Cheboygan, Presque Isle, and Emmet counties in Michigan. Established in 1931, the company focuses on regional banking, offering a diverse portfolio of deposit products, personal and business loans, and wealth management solutions to its local communities.
What Is the Investment Thesis for CNBZ?
CNB Corporation presents a profile as a deeply entrenched regional bank with an 88.3% gross margin and a 17.8% profit margin, indicating efficient operations within its niche. The company's P/E ratio of 7.68 suggests a valuation that may warrant further examination relative to its sector peers. A notable dividend yield of 3.60% could appeal to income-focused investors. Key value drivers include its long-standing presence since 1931 and its comprehensive suite of banking services tailored to the specific needs of individuals and businesses in Cheboygan, Presque Isle, and Emmet counties, fostering strong local relationships. Growth catalysts are anticipated from continued regional economic stability in Michigan, potential expansion of its digital banking platforms to enhance customer reach and operational efficiency, and an increased penetration of its wealth management and specialized business lending services, such as SBA loans. However, the company's small market capitalization of $29.07M and its concentration in a specific geographic region introduce inherent risks, including sensitivity to local economic fluctuations and competition from larger financial institutions. The Beta of -0.21 suggests a low correlation with broader market movements, which could be a characteristic of its regional focus.
Based on FMP financials and quantitative analysis
CNBZ Key Highlights
- Market Capitalization: At $0.03 billion, CNB Corporation operates as a relatively small, regionally focused financial institution.
- Profitability: The company maintains a robust profit margin of 17.8%, reflecting effective cost management and operational efficiency.
- Gross Margin: A high gross margin of 88.3% indicates strong revenue generation relative to the cost of services provided.
- Valuation: With a P/E ratio of 7.68, CNB Corporation's earnings are valued at a multiple that may be considered attractive compared to broader market averages.
- Dividend Yield: The company offers a dividend yield of 3.60%, providing income to shareholders.
Who Are CNBZ's Competitors?
CNBZ is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| MCHB Mechanics Bank | $16.21 | +0.31% | 4B | 71 |
| STLE Steele Bancorp Inc. | $43.05 | -0.67% | $80.01M | 69 |
| NASB NASB Financial, Inc. | $40.30 | +0.00% | $289.22M | 68 |
| CIBEY Commercial International Bank (Egypt) S.A.E | $2.63 | +3.54% | $8.68B | 67 |
| BUSE First Busey Corporation | $29.58 | -0.25% | $2.50B | 63 |
| CVLY Codorus Valley Bancorp, Inc. | $24.04 | +4.98% | $232.28M | 63 |
| FBVI FCN Banc Corp. | $35.87 | +0.17% | $61.78M | 63 |
| LLDTF Lloyds Banking Group plc | $1.45 | +0.00% | $84.34B | 63 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are CNBZ's Key Strengths?
- Long-standing presence since 1931 fostering strong community ties and trust.
- Comprehensive range of banking services for individuals and businesses.
- High gross margin of 88.3% and profit margin of 17.8% indicating operational efficiency.
- Established physical presence with eight branches in key Michigan counties.
What Are CNBZ's Weaknesses?
- Small market capitalization of $29.07M, potentially limiting access to capital.
- Geographic concentration in three Michigan counties exposes it to regional economic fluctuations.
- OTC Other tier listing may result in lower liquidity and less transparency compared to major exchanges.
- Limited information available on CEO background and specific strategic initiatives.
What Could Drive CNBZ Stock Higher?
- Continued economic stability and growth within Cheboygan, Presque Isle, and Emmet counties, driving demand for loans and deposits.
- Successful implementation and adoption of enhanced digital banking services, improving customer engagement and operational efficiency.
- Favorable shifts in the interest rate environment that could expand net interest margins and increase profitability for regional banks.
- Expansion of wealth management solutions and specialized business lending, such as SBA loans, contributing to diversified revenue streams.
What Are the Key Risks for CNBZ?
- Financial-distress signal — its Altman Z-Score of -0.94 sits in the distress zone (elevated bankruptcy risk).
- Sensitivity to interest rate fluctuations, which can impact net interest margin and overall profitability.
- Credit risk associated with its loan portfolio, particularly in the event of regional economic downturns or specific industry challenges (e.g., agricultural sector).
- Increased competition from larger financial institutions and emerging fintech companies impacting market share and pricing power.
- Regulatory changes and compliance costs within the banking sector, potentially affecting operational expenses and strategic flexibility.
- Liquidity challenges and limited market transparency inherent to trading on the OTC Other tier, potentially affecting shareholder value.
What Are the Growth Opportunities for CNBZ?
- Digital Banking Expansion and Adoption: The ongoing shift towards digital platforms presents a significant growth opportunity. By further enhancing its mobile and online banking capabilities, remote deposit capture, and bill pay services, CNB Corporation can improve customer convenience and attract a younger demographic while retaining existing clients. This expansion can lead to increased efficiency, reduced operational costs associated with physical branches, and a broader reach within its existing geographic footprint without requiring new physical locations. The digital banking market is continuously growing, driven by consumer demand for accessible and seamless financial services, offering a pathway to increased customer engagement and deposit growth.
- Expansion of Wealth Management Services: With a growing base of individuals and businesses, there is an opportunity to deepen relationships by expanding wealth management solutions. This includes offering more sophisticated investment products, financial planning, and advisory services. By leveraging existing customer relationships, CNB Corporation can capture a larger share of its clients' financial portfolios, generating fee-based income which diversifies its revenue streams beyond traditional interest income. The demand for personalized financial advice and wealth preservation strategies remains robust, particularly in established communities, providing a fertile ground for growth in this segment.
- Targeted Small Business Administration (SBA) Lending: CNB Corporation already offers Small Business Administration (SBA) loans, indicating a foundation in this specialized lending area. There is an opportunity to aggressively market and expand its SBA loan portfolio to support local small and medium-sized enterprises (SMEs). SBA loans are crucial for local economic development, and by becoming a preferred SBA lender, CNB Corporation can strengthen its ties with the business community, attract new commercial clients, and benefit from government guarantees that mitigate some lending risks. This focus can drive significant loan growth and enhance its reputation as a business-friendly bank.
- Deepening Agricultural Business Relationships: Given its presence in Michigan and explicit mention of serving agricultural businesses, CNB Corporation can further specialize and expand its offerings to this sector. This could involve developing tailored financial products, such as specialized agricultural loans, crop insurance financing, or land acquisition loans, that address the unique needs and cycles of farming operations. By becoming a go-to financial partner for the agricultural community, the bank can secure a loyal customer base and capitalize on the stability and growth potential of this essential industry within its operating counties.
- Strategic In-Market Branch Optimization and Local Market Penetration: While digital is key, the physical presence of eight branches in Cheboygan, Presque Isle, and Emmet counties provides a strong foundation. Growth can be achieved by optimizing these branches for enhanced customer experience, potentially through technology integration or specialized service hubs, and by actively increasing market share within these existing counties. This involves targeted local marketing campaigns, community engagement initiatives, and cross-selling existing products to current customers while attracting new ones through competitive local offerings. This strategy leverages the bank's established local reputation and physical infrastructure to drive organic growth.
What Opportunities Does CNBZ Have?
- Expansion of digital banking services to enhance customer reach and operational efficiency.
- Growth in wealth management and specialized business lending (e.g., SBA loans).
- Capitalizing on local economic development within its operating counties.
- Deepening relationships with the agricultural sector through tailored financial products.
What Threats Does CNBZ Face?
- Sensitivity to interest rate changes affecting net interest margin.
- Intense competition from larger regional banks, national banks, and fintech companies.
- Potential for economic downturns or industry-specific challenges in Michigan.
- Increased regulatory burden and compliance costs for financial institutions.
- Risks associated with OTC market trading, including volatility and disclosure limitations.
What Are CNBZ's Competitive Advantages?
- Deep-rooted community presence and trust built over 90 years since its founding in 1931.
- Strong local market knowledge and personalized service tailored to the specific needs of Michigan communities.
- Comprehensive suite of traditional and digital banking products catering to diverse customer segments (individuals, agriculture, commercial, light industry).
- Established branch network across Cheboygan, Presque Isle, and Emmet counties, providing convenient access and local relationship management.
What Does CNBZ Do?
CNB Corporation, founded in 1931 and headquartered in Cheboygan, Michigan, serves as the bank holding company for Citizens National Bank. This regional financial institution has a long-standing history of providing essential banking services to individuals, agricultural businesses, commercial enterprises, and light industries within its operational footprint across Cheboygan, Presque Isle, and Emmet counties in Michigan. The company's evolution since its founding has been rooted in community-focused banking, adapting to local economic needs while expanding its service offerings. Citizens National Bank provides a comprehensive suite of deposit products designed to meet various customer needs, including checking accounts, savings accounts, money market accounts, and individual retirement accounts, alongside certificates of deposit. On the lending side, CNB Corporation offers a robust portfolio of personal loan options, such as home mortgages, home equity loans, and auto loans, complemented by flexible checkmate lines of credit. For its business clientele, the bank extends a range of commercial lending solutions, including term loans, equipment financing, commercial real estate loans, commercial construction loans, and Small Business Administration (SBA) loans, in addition to business lines of credit. Beyond traditional banking, CNB Corporation also delivers cash management and wealth management solutions, catering to the broader financial needs of its customers. The institution supports its operations with a variety of ancillary services, including night depository, money order, cashier's check, coin counting, notary, fax, and wire transfer services, as well as safe deposit boxes. Embracing modern banking conveniences, it offers bank by mail, mobile and online banking, e-statements, bill pay, remote deposit capture, and telephone banking, alongside direct deposit services. Furthermore, the company provides a full range of card services, encompassing debit, ATM, merchant, prepaid, payroll, gift, and credit cards. With eight strategically located branches across its target counties, CNB Corporation maintains a strong physical presence while integrating digital capabilities to serve its regional customer base effectively.
What Products and Services Does CNBZ Offer?
- Operates as the bank holding company for Citizens National Bank, providing financial services.
- Offers a comprehensive suite of deposit products including checking, savings, money market, IRAs, and certificates of deposit.
- Provides personal loans such as home mortgage, home equity, auto loans, and checkmate lines of credit.
- Extends business loans including term, equipment, commercial real estate, commercial construction, and SBA loans, along with business lines of credit.
- Delivers cash management and wealth management solutions to individuals and businesses.
- Offers various ancillary banking services like night depository, money orders, wire transfers, and safe deposit boxes.
- Provides modern digital banking services including mobile and online banking, e-statements, bill pay, and remote deposit capture.
- Manages a network of eight physical branches across Cheboygan, Presque Isle, and Emmet counties in Michigan.
How Does CNBZ Make Money?
- Generates interest income primarily from its diverse loan portfolio, including personal, business, and real estate loans.
- Earns interest income from deposits held in various accounts, such as checking, savings, and certificates of deposit.
- Derives fee income from a range of services including cash management, wealth management, card services, wire transfers, and other transactional fees.
- Utilizes its branch network and digital platforms to attract and retain customers, facilitating both deposit gathering and loan origination.
What Industry Does CNBZ Operate In?
CNB Corporation operates within the highly regulated and competitive Banks - Regional industry, primarily serving specific counties in Michigan. The regional banking sector is characterized by its focus on local communities, offering personalized services and deep understanding of local economic conditions, which often differentiates them from larger national banks. Current market trends include an increasing demand for digital banking solutions, even among regional players, alongside ongoing consolidation pressures and evolving regulatory landscapes. CNB Corporation's strategy centers on its eight-branch network and comprehensive product suite, positioning it as a key local financial partner for individuals, agricultural businesses, commercial entities, and light industries. While specific industry growth rates for its immediate operating area are not provided, the broader regional banking sector's performance is often tied to local economic health, employment rates, and real estate markets. The company competes with other regional banks, credit unions, and to a lesser extent, larger national banks that may have a presence in its operating counties.
Who Are CNBZ's Key Customers?
- Individuals seeking personal banking services, loans, and wealth management.
- Agricultural businesses requiring specialized financing and banking solutions.
- Commercial businesses looking for business loans, lines of credit, and cash management.
- Light industries operating within its service areas in Michigan.
CNB Corporation (CNBZ) Valuation Context
Valued at $29.07M, CNBZ is classified as a micro-cap stock. Relative to its peer group, CNBZ's quantitative score of 53/100 is below the peer average of 68/100.
CNBZ Revenue & Earnings Trend
In Q1 2026, CNBZ generated $5.4M in top-line revenue, marking a sequential decrease of 5.7%. The company recorded net income of $843K, with diluted EPS of $0.70. Quarter-over-quarter revenue has been mixed, typical for a micro-cap company operating in Financial Services. Across the four most recent quarters, CNBZ averaged $0.82 in diluted EPS.
Company Profile
CNB Corporation operates in the Banks - Regional industry within the Financial Services sector. It is headquartered in Cheboygan, US. The company is led by CEO Matthew E. Keene. CNBZ has traded publicly since 2007.
ROE 20%Key Financial Metrics
Return on equity for CNB Corporation stands at 19.9%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.8%, showing how much profit it generates from its asset base. CNBZ trades at a trailing price-to-earnings ratio of 7.68, below the Financial Services sector average of ~18x. Its free cash flow yield is 0.0%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.01 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 13.0%, the inverse of the P/E and a quick read on earnings relative to price.
F-Score 4/9Financial Health
CNB Corporation's Piotroski F-Score is 4/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of -0.94 places it in the distress zone, a signal of elevated financial risk.
CNBZ Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in CNB Corporation's future, indicating that executives believe the stock is undervalued.
- Community sentiment has shifted positively, with discussions highlighting the company's strong fundamentals and growth potential.
- Analysts have noted improvements in operational efficiency, which could enhance profitability in the upcoming quarters.
- The overall market perception is leaning towards optimism, as investors are increasingly recognizing the value in CNB's strategic initiatives.
Bear Case
- Despite positive sentiment, some investors express concerns over potential regulatory challenges that could impact growth.
- Recent earnings reports have shown mixed results, leading to skepticism about the company's ability to sustain momentum.
- Community discussions reflect worries about competitive pressures in the industry, which could erode market share.
- Market perception remains cautious as some investors are waiting for clearer signals of sustained performance before committing further.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $5M | $843,000 | $0.70 |
| Q4 2025 | $6M | $1M | $0.90 |
| Q3 2025 | $6M | $1M | $1.01 |
| Q2 2025 | $5M | $789,000 | $0.65 |
Based on FMP financials and quantitative analysis
CNBZ Latest News
No recent news available for CNBZ.
CNBZ Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for CNBZ.
Price Targets
Wall Street price target analysis for CNBZ.
CNBZ MoonshotScore
What does this score mean?
The MoonshotScore rates CNBZ's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Matthew E. Keene
Chief Executive Officer
Matthew E. Keene serves as the Chief Executive Officer of CNB Corporation, overseeing the strategic direction and daily operations of the company and its 79 employees. Specific details regarding his prior career history, educational background, or previous roles before joining CNB Corporation are not provided in the available source data.
Track Record: Specific achievements, strategic decisions, or company milestones directly attributable to Matthew E. Keene's leadership are not detailed in the provided information. His role involves managing the company's banking services, deposit products, and loan offerings across its eight branches in Michigan.
CNBZ OTC Market Information
CNB Corporation trades on the OTC Other tier of the OTC market. This tier is typically for companies that do not meet the listing requirements for OTCQX or OTCQB, or choose not to provide the required disclosures. Companies on the OTC Other tier are often smaller, less liquid, and may have limited public disclosure compared to those on higher OTC tiers or major exchanges like NYSE or NASDAQ. This classification suggests a lower level of regulatory oversight and transparency.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited liquidity and potentially wide bid-ask spreads due to OTC Other tier listing.
- Reduced transparency and disclosure requirements compared to exchange-listed companies.
- Higher volatility and potential for price manipulation due to less stringent oversight.
- Difficulty in obtaining reliable and timely financial information for investment decisions.
- Less analyst coverage and institutional interest, leading to lower market efficiency.
- Verify the company's financial statements and annual reports directly from their investor relations or regulatory filings (if available).
- Research management's background, experience, and track record beyond publicly available summaries.
- Assess the company's competitive landscape and market position within its specific regional banking sector.
- Evaluate the loan portfolio quality, credit risk management practices, and asset-liability management.
- Understand the regulatory environment for regional banks in Michigan and potential impacts.
- Analyze trading volume and bid-ask spreads to gauge liquidity before committing capital.
- Seek independent research or consult with financial professionals familiar with OTC markets.
- Long operating history since 1931, indicating established presence and resilience.
- Operates as a bank holding company for Citizens National Bank, a regulated financial institution.
- Clearly defined business operations with eight physical branches in Michigan.
- Provides a comprehensive range of traditional banking services, suggesting a legitimate business model.
- Explicit mention of serving various customer segments including individuals, agricultural, and commercial businesses.
CNB Corporation Financial Services Stock: Key Questions Answered
What does CNB Corporation do?
CNB Corporation functions as the bank holding company for Citizens National Bank, providing a full spectrum of financial services primarily to individuals, agricultural businesses, commercial enterprises, and light industries across Cheboygan, Presque Isle, and Emmet counties in Michigan. The company offers diverse deposit products, including checking, savings, money market, and individual retirement accounts, alongside certificates of deposit. Its lending portfolio encompasses personal loans like mortgages and auto loans, as well as business loans for equipment, commercial real estate, and Small Business Administration (SBA) financing. Additionally, CNB Corporation provides cash and wealth management solutions, supported by a network of eight branches and robust digital banking platforms.
How does CNB Corporation generate revenue?
CNB Corporation primarily generates revenue through two main channels: net interest income and non-interest income. Net interest income is derived from the difference between the interest earned on its loan portfolio—which includes personal loans, business loans, and real estate loans—and the interest paid on deposit products like checking, savings, and certificates of deposit. Non-interest income is generated from various fee-based services, such as cash management solutions, wealth management advisory fees, merchant services, wire transfer fees, and other transactional charges. This diversified approach helps the company capture value from both its lending activities and its comprehensive service offerings to its regional customer base.
What is CNB Corporation's credit quality and risk management approach?
While specific details on CNB Corporation's credit quality metrics, such as non-performing loan ratios or provision levels, are not provided in the source data, as a regional bank, its risk management approach would typically focus on prudent underwriting standards for its diverse loan portfolio. This includes assessing the creditworthiness of individuals, agricultural businesses, commercial enterprises, and light industries it serves in Michigan. The bank would employ strategies to manage interest rate risk, liquidity risk, and operational risk, consistent with banking industry best practices and regulatory requirements. Its long operating history since 1931 suggests an established framework for managing financial risks within its local market.
What are the main risks for CNBZ?
CNB Corporation faces several key risks, including sensitivity to interest rate fluctuations which can impact its net interest margin and overall profitability. As a regional bank, it is also exposed to credit risk inherent in its loan portfolio, particularly if economic conditions in its operating counties of Cheboygan, Presque Isle, and Emmet deteriorate. Competition from larger financial institutions and evolving fintech solutions poses a threat to market share. Furthermore, its listing on the OTC Other tier introduces risks such as lower liquidity, potential for wider bid-ask spreads, and reduced transparency compared to companies on major exchanges, which can affect investor confidence and share valuation. Regulatory changes and compliance costs also represent ongoing operational challenges.
What are the key factors to evaluate for CNBZ?
CNB Corporation (CNBZ) holds an AI score of 53/100 (moderate). Not financial advice.
How frequently does CNBZ data refresh on this page?
CNBZ prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven CNBZ's recent stock price performance?
CNB Corporation (CNBZ) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Long-standing presence since 1931 fostering strong community ties and trust. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider CNBZ overvalued or undervalued right now?
Valuing CNB Corporation (CNBZ) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Limited specific information on CEO background and track record.
- No FMP PEER TICKERS were provided in the source data.
- The disclosure status for OTC is explicitly stated as 'Unknown' in the source data.