CNFinance Holdings (CNF) Profit After Tax (2017 - 2023)
CNFinance Holdings' (CNF) quarterly Profit After Tax came in at $2.6 million in Q4 2023, down 33.38% YoY from $3.9 million in Q4 2022, and down 64.14% on a QoQ basis from $7.3 million in Q3 2023.
CNFinance Holdings (CNF) Profit After Tax (2017 - 2023) Analysis & Trends
CNFinance Holdings (CNF) has 7 years of Profit After Tax data on file, last reported at $2.6 million in Q4 2023.
- Quarterly Profit After Tax fell 33.38% year-over-year to $2.6 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $23.1 million (up 16.15% YoY) and the FY2025 annual result came in at -$66.1 million, down 1340.12% from the prior year.
- Profit After Tax declined to $2.6 million in Q4 2023, from $7.3 million in the prior quarter.
- In the past five years, Profit After Tax ranged from a high of $24.8 million in Q3 2019 to a low of -$17.3 million in Q4 2021.
- A 5-year average of $7.4 million and a median of $7.0 million in 2022 frame the typical range for Profit After Tax.
- The widest YoY moves for Profit After Tax: up 256.03% in 2021, down 207.2% in 2021.
- Tracing CNF's Profit After Tax over 5 years: stood at $8.7 million in 2019, then jumped by 84.59% to $16.1 million in 2020, then plunged by 207.2% to -$17.3 million in 2021, then surged by 122.6% to $3.9 million in 2022, then sank by 33.38% to $2.6 million in 2023.
- The last three Profit After Tax figures came in at $2.6 million (Q4 2023), $7.3 million (Q3 2023), and $6.0 million (Q2 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 39.55 Bn | 36.45 Bn | - | 230.00 Mn |
| 2 | Federal National Mortgage Association Fannie Mae | 36.61 Bn | 36.61 Bn | - | 3.98 Bn |
| 3 | Federal Home Loan Mortgage | 18.43 Bn | 14.11 Bn | - | 3.85 Bn |
| 4 | PennyMac Financial Services | 3.90 Bn | 3.15 Bn | 480.08 Mn | 21.73 Mn |
| 5 | CNFinance Holdings | 1.52 Bn | 1.45 Bn | - | - |
| 6 | Walker & Dunlop | 1.34 Bn | 1.18 Bn | - | 3.01 Mn |
| 7 | Velocity Financial | 711.47 Mn | -6.74 Bn | - | 25.73 Mn |
| 8 | UWM Holdings | 472.54 Mn | -25.87 Mn | - | -451.90 Mn |
| 9 | Onity | 303.25 Mn | 106.95 Mn | - | -11.90 Mn |
| 10 | loanDepot | 205.70 Mn | -105.44 Mn | - | -6.62 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 2.61 Mn |
| Sep 30, 2023 | 7.27 Mn |
| Jun 30, 2023 | 6.04 Mn |
| Mar 31, 2023 | 7.18 Mn |
| Dec 31, 2022 | 3.91 Mn |
| Sep 30, 2022 | 6.47 Mn |
| Jun 30, 2022 | 2.71 Mn |
| Mar 31, 2022 | 6.80 Mn |
| Dec 31, 2021 | -17.30 Mn |
| Sep 30, 2021 | 2.93 Mn |
| Jun 30, 2021 | 10.10 Mn |
| Mar 31, 2021 | 13.47 Mn |
| Dec 31, 2020 | 16.14 Mn |
| Sep 30, 2020 | 7.36 Mn |
| Jun 30, 2020 | 3.56 Mn |
| Mar 31, 2020 | -8.63 Mn |
| Dec 31, 2019 | 8.74 Mn |
| Sep 30, 2019 | 24.81 Mn |
| Jun 30, 2019 | 23.42 Mn |
| Mar 31, 2019 | 20.19 Mn |