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

Commercial National Financial (OTCMKTS:CEFC) posted its quarterly earnings results on Tuesday. The company reported $0.47 earnings per share for the quarter, Zacks reports.

Commercial National Financial Price Performance

Shares of Commercial National Financial stock traded down $0.10 during trading on Tuesday, hitting $10.20. 300 shares of the company were exchanged, compared to its average volume of 320. The firm has a market capitalization of $40.49 million, a P/E ratio of 7.39 and a beta of 0.48. The firm’s fifty day moving average price is $10.01 and its 200 day moving average price is $9.47. Commercial National Financial has a 1-year low of $8.35 and a 1-year high of $10.67.

Commercial National Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, January 2nd. Shareholders of record on Friday, December 13th were issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 5.49%. The ex-dividend date of this dividend was Friday, December 13th. Commercial National Financial’s dividend payout ratio (DPR) is currently 40.58%.

Commercial National Financial Company Profile

Commercial National Financial Corporation operates as the holding company for Commercial Bank that provides various banking products and services to individuals, agricultural businesses, commercial businesses, and light industries in Michigan. The company accepts various deposit products, including checking and savings accounts, individual retirement accounts, certificates of deposit, and health savings accounts.