Commercial National Financial (OTCMKTS:CNAF) Issues Earnings Results

Commercial National Financial (OTCMKTS:CNAF) issued its quarterly earnings results on Thursday. The bank reported $0.22 earnings per share 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 market cap of $19.22 million, a P/E ratio of 11.59 and a beta of 0.49. Commercial National Financial has a 1-year low of $6.36 and a 1-year high of $10.85. The firm has a fifty day simple moving average of $7.43 and a 200 day simple moving average of $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 paid a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a yield of 6.55%. The ex-dividend date of this dividend was Friday, November 29th. Commercial National Financial’s dividend payout ratio (DPR) is currently 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.