CNNB - Earnings announcements

CINCINNATI, Feb. 26, 2021 /PRNewswire/ -- Cincinnati Bancorp, Inc.  ("Cincinnati Bancorp") (NASDAQ: CNNB) today issued a correction to its financial results for the year ended December 31, 2020, initially reported on February 10, 2021.  The sole correction relates to earnings per common share for the year ended December 31, 2020, both basic and diluted, and the number of weighted-average shares outstanding used to calculate those measures, as follows: Earnings per common share – basic Weighted-average shares outstanding – basic (1) Earnings per common share – diluted Weighted-average shares outstanding – diluted (1) As Initially Reported $1.09 2,885,680 $1.07 2,931,376 As

CINCINNATI, Feb. 10, 2021 /PRNewswire/ -- Cincinnati Bancorp, Inc. ("Cincinnati Bancorp") (NASDAQ: CNNB) today reported net income for the year ended December 31, 2020 of $3,155,700, compared to $798,500 for 2019, or an increase of 295.2%. Earnings per basic and diluted share for the year ended December 31, 2020 were $1.09 for basic and $1.07 for diluted, compared to $0.28 for basic and $0.27 for diluted for 2019.  Cincinnati Bancorp Chief Executive Officer Robert Bedinghaus said, "Cincinnati Bancorp's record 2020 earnings were a result of the dedication of our entire staff as well as the loyalty of our customers and community partners.  The closing of our second-step stock offering in Ja