Commercial National Financial (OTCMKTS:CNAF) Announces Quarterly Earnings Results

Commercial National Financial (OTCMKTS:CNAF) released its quarterly earnings results on Thursday. The bank reported $0.22 EPS for the quarter, Zacks reports.

Commercial National Financial Price Performance

Shares of CNAF stock traded down $0.13 during mid-day trading on Thursday, hitting $6.72. 3,026 shares of the stock traded hands, compared to its average volume of 3,473. Commercial National Financial has a 52-week low of $6.36 and a 52-week high of $10.85. The stock has a market cap of $19.22 million, a P/E ratio of 11.59 and a beta of 0.49. The stock’s fifty day moving average is $7.43 and its two-hundred day moving average is $8.37.

Commercial National Financial Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Friday, November 29th were issued a $0.11 dividend. The ex-dividend date of this dividend was Friday, November 29th. This represents a $0.44 dividend on an annualized basis and a yield of 6.55%. Commercial National Financial’s dividend payout ratio is presently 75.86%.

Commercial National Financial Company Profile

Commercial National Financial Corporation operates as a bank holding company for Commercial Bank & Trust of PA that provides various banking products and services in Pennsylvania. The company offers checking, money market investment, and savings accounts; and business-time deposits, as well as certificates of deposit.