Commercial National Financial (OTCMKTS:CNAF) Announces Earnings Results

Commercial National Financial (OTCMKTS:CNAF) released its quarterly earnings data on Friday. The bank reported $0.19 EPS for the quarter, Zacks reports.

Commercial National Financial Stock Performance

CNAF stock traded down $0.02 during midday trading on Friday, reaching $7.97. 105 shares of the company were exchanged, compared to its average volume of 858. The company has a market cap of $22.72 million, a price-to-earnings ratio of 11.56 and a beta of 0.41. Commercial National Financial has a 1-year low of $6.21 and a 1-year high of $8.25. The stock’s 50-day simple moving average is $7.72 and its 200 day simple moving average is $7.64.

Commercial National Financial Dividend Announcement

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

Commercial National Financial Company Profile

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.