Commercial National Financial (OTCMKTS:CNAF) Releases Earnings Results

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

Commercial National Financial Stock Down 1.9 %

Shares of OTCMKTS CNAF traded down $0.13 during trading on Thursday, reaching $6.72. 3,026 shares of the company traded hands, compared to its average volume of 3,473. The firm has a 50 day simple moving average of $7.43 and a 200-day simple moving average of $8.37. Commercial National Financial has a 52-week low of $6.36 and a 52-week high of $10.85. The stock has a market capitalization of $19.22 million, a PE ratio of 11.59 and a beta of 0.49.

Commercial National Financial Cuts Dividend

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

About Commercial National Financial

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.