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

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

Commercial National Financial Price Performance

Shares of CEFC stock traded down $0.10 during trading hours on Tuesday, hitting $10.20. The stock had a trading volume of 300 shares, compared to its average volume of 320. The stock’s 50 day moving average is $10.01 and its 200 day moving average is $9.47. The firm has a market capitalization of $40.49 million, a PE ratio of 7.39 and a beta of 0.48. Commercial National Financial has a twelve month low of $8.35 and a twelve month high of $10.67.

Commercial National Financial Dividend Announcement

The business also recently disclosed 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. The ex-dividend date was Friday, December 13th. This represents a $0.56 dividend on an annualized basis and a yield of 5.49%. Commercial National Financial’s payout ratio 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.