CNFinance Holdings (CNF) Net Income (2017 - 2023)
CNFinance Holdings' (CNF) quarterly Net Income came in at $1.8 million in Q4 2023, down 58.83% on a YoY basis from $4.3 million in Q4 2022, and down 84.94% quarter-over-quarter from $11.7 million in Q3 2023.
Analysis
CNFinance Holdings (CNF) Net Income (2017 - 2023) Analysis & Trends
CNFinance Holdings (CNF) has reported Net Income for 7 consecutive years, with $1.8 million the latest figure, recorded in Q4 2023.
- For the quarter ending Q4 2023, Net Income fell 58.83% year-over-year to $1.8 million; the trailing twelve-month figure through Dec 2023 stood at $35.4 million (up 14.77% YoY), and the FY2025 full-year result was -$99.8 million, down 1338.86% from the prior year.
- Net Income fell to $1.8 million in Q4 2023 per CNF's latest filing, from $11.7 million in the prior quarter.
- Across five years, Net Income topped out at $42.1 million in Q3 2019 and bottomed at -$21.3 million in Q4 2021.
- Historically, Net Income has averaged $12.4 million across 5 years, with a median of $11.7 million in 2023.
- The widest YoY moves for Net Income: up 259.28% in 2021, down 190.42% in 2021.
- Over 5 years, Net Income stood at $15.4 million in 2019, then jumped by 53.22% to $23.5 million in 2020, then sank by 190.42% to -$21.3 million in 2021, then jumped by 120.07% to $4.3 million in 2022, then tumbled by 58.83% to $1.8 million in 2023.
- According to Business Quant data, Net Income over the past three periods registered $1.8 million, $11.7 million, and $9.6 million for Q4 2023, Q3 2023, and Q2 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 46.15 Bn | 43.05 Bn | - | 229.00 Mn |
| 2 | Federal National Mortgage Association Fannie Mae | 30.33 Bn | 30.33 Bn | - | 3.98 Bn |
| 3 | Figure Technology Solutions | 7.94 Bn | 6.40 Bn | 196.67 Mn | 87.44 Mn |
| 4 | PennyMac Financial Services | 3.45 Bn | 2.70 Bn | 480.08 Mn | 21.73 Mn |
| 5 | Federal Agricultural Mortgage | 2.40 Bn | 1.36 Bn | - | 66.95 Mn |
| 6 | UWM Holdings | 2.01 Bn | 2.36 Bn | - | -451.90 Mn |
| 7 | Walker & Dunlop | 1.26 Bn | 1.11 Bn | - | 2.84 Mn |
| 8 | CNFinance Holdings | 1.25 Bn | 1.25 Bn | - | - |
| 9 | Velocity Financial | 630.27 Mn | -6.82 Bn | - | 25.73 Mn |
| 10 | Onity | 266.14 Mn | 69.84 Mn | - | -11.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 1.76 Mn |
| Sep 30, 2023 | 11.68 Mn |
| Jun 30, 2023 | 9.57 Mn |
| Mar 31, 2023 | 12.35 Mn |
| Dec 31, 2022 | 4.27 Mn |
| Sep 30, 2022 | 11.16 Mn |
| Jun 30, 2022 | 3.74 Mn |
| Mar 31, 2022 | 11.64 Mn |
| Dec 31, 2021 | -21.29 Mn |
| Sep 30, 2021 | 4.96 Mn |
| Jun 30, 2021 | 12.70 Mn |
| Mar 31, 2021 | 22.22 Mn |
| Dec 31, 2020 | 23.55 Mn |
| Sep 30, 2020 | 14.60 Mn |
| Jun 30, 2020 | 7.96 Mn |
| Mar 31, 2020 | -13.95 Mn |
| Dec 31, 2019 | 15.37 Mn |
| Sep 30, 2019 | 42.15 Mn |
| Jun 30, 2019 | 39.64 Mn |
| Mar 31, 2019 | 33.79 Mn |