Commercial National Financial (OTCMKTS:CNAF) Posts Quarterly Earnings Results

by · The Markets Daily

Commercial National Financial (OTCMKTS:CNAF – Get Free Report) issued its quarterly earnings data on Friday. The bank reported $0.19 earnings per share for the quarter, Zacks reports.

Commercial National Financial Price Performance

Shares of OTCMKTS CNAF traded down $0.02 during trading hours on Friday, hitting $7.97. 105 shares of the stock were exchanged, compared to its average volume of 858. Commercial National Financial has a one year low of $6.21 and a one year high of $8.25. The company’s 50 day moving average is $7.72 and its 200 day moving average is $7.64. The firm has a market capitalization of $22.72 million, a P/E ratio of 11.56 and a beta of 0.41.

Commercial National Financial Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 5th. Stockholders of record on Monday, December 1st were paid a $0.11 dividend. This represents a dividend yield of 568.0%. The ex-dividend date was Friday, November 28th. Commercial National Financial’s payout ratio is presently 63.77%.

About Commercial National Financial

(Get Free Report)

Commercial National Financial Corporation is a bank holding company based in Columbus, Indiana. Through its wholly owned subsidiary, Commercial National Bank, the company provides a comprehensive suite of banking and financial services to both individual and business customers. Its offerings include demand, savings and time deposit accounts, consumer and commercial lending products, mortgage and home equity financing, and treasury management services.

The company’s commercial banking division specializes in lending solutions for small to mid-size enterprises, covering term loans, lines of credit, equipment financing and real estate secured lending.

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