Commercial National Financial (OTCMKTS:CNAF) Announces Earnings Results

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

Commercial National Financial Stock Performance

CNAF traded down $0.02 during trading on Friday, reaching $7.97. The company’s stock had a trading volume of 105 shares, compared to its average volume of 858. The company’s fifty day moving average price is $7.72 and its 200-day moving average price is $7.64. Commercial National Financial has a 52-week low of $6.21 and a 52-week high of $8.25. The company has a market capitalization of $22.72 million, a price-to-earnings ratio of 11.56 and a beta of 0.41.

Commercial National Financial Dividend Announcement

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

About Commercial National Financial

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.