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

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

Commercial National Financial Stock Down 1.0 %

Shares of Commercial National Financial stock opened at $10.20 on Wednesday. The firm’s 50-day moving average price is $10.02 and its two-hundred day moving average price is $9.48. The company has a market capitalization of $40.49 million, a price-to-earnings ratio of 7.39 and a beta of 0.48. Commercial National Financial has a 12-month low of $8.35 and a 12-month high of $10.67.

Commercial National Financial Announces Dividend

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

About Commercial National Financial

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.