Commercial Bancgroup, Inc. (NASDAQ:CBK) Declares Quarterly Dividend of $0.10

Commercial Bancgroup, Inc. (NASDAQ:CBK) declared a quarterly dividend on Monday, January 26th, NASDAQ Dividends reports. Stockholders of record on Sunday, March 15th will be paid a dividend of 0.10 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Friday, March 13th.

Commercial Bancgroup Trading Down 0.2%

Shares of CBK traded down $0.05 during midday trading on Wednesday, hitting $25.13. 11,408 shares of the company’s stock traded hands, compared to its average volume of 50,279. The company has a quick ratio of 1.03, a current ratio of 1.05 and a debt-to-equity ratio of 0.28. The firm has a market cap of $307.59 million and a PE ratio of 16.87. Commercial Bancgroup has a 1 year low of $23.24 and a 1 year high of $27.83. The company’s fifty day moving average is $25.71.

Commercial Bancgroup (NASDAQ:CBK) last announced its earnings results on Monday, January 26th. The company reported $0.72 earnings per share (EPS) for the quarter. The business had revenue of $23.48 million for the quarter.

About Commercial Bancgroup

We are a bank holding company headquartered in Harrogate, Tennessee, and have elected under the Bank Holding Company Act of 1956, as amended (the “BHC Act”), to become a financial holding company. We were incorporated in Tennessee in 1975, and we operate primarily through our wholly owned bank subsidiary, Commercial Bank, a Tennessee banking corporation organized in 1976. The Bank is a full-service community banking institution that offers traditional consumer and commercial products and services to serve businesses and individuals in select markets in Kentucky, North Carolina, and Tennessee.