Commercial Bancgroup, Inc. (CBK) to Issue Quarterly Dividend of $0.10 on June 30th

Commercial Bancgroup, Inc. (NASDAQ:CBK) announced a quarterly dividend on Monday, April 27th. Shareholders of record on Monday, June 15th will be paid a dividend of 0.10 per share on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 1.4%. The ex-dividend date is Monday, June 15th.

Commercial Bancgroup Price Performance

Shares of NASDAQ:CBK opened at $29.17 on Wednesday. The company’s fifty day moving average is $26.70 and its two-hundred day moving average is $25.54. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.28. Commercial Bancgroup has a 12-month low of $23.24 and a 12-month high of $29.89. The company has a market cap of $399.63 million and a P/E ratio of 19.58.

Commercial Bancgroup (NASDAQ:CBK) last announced its earnings results on Monday, April 27th. The company reported $999.00 earnings per share (EPS) for the quarter. The firm had revenue of $23.07 million for the quarter.

Commercial Bancgroup Company Profile

We are a bank holding company headquartered in Harrogate, Tennessee, and have elected under the Bank Holding Company Act of 1956, as amended (the “BHC Act”), to become a financial holding company. We were incorporated in Tennessee in 1975, and we operate primarily through our wholly owned bank subsidiary, Commercial Bank, a Tennessee banking corporation organized in 1976. The Bank is a full-service community banking institution that offers traditional consumer and commercial products and services to serve businesses and individuals in select markets in Kentucky, North Carolina, and Tennessee.