Commercial Bancgroup, Inc. (CBK) to Distribute Quarterly Dividend of $0.12 on September 30th

Commercial Bancgroup, Inc. (NASDAQ:CBK) declared a quarterly dividend on Monday, July 27th. Shareholders of record on Tuesday, September 15th will be given a dividend of 0.12 per share on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Tuesday, September 15th. This is a 20.0% increase from Commercial Bancgroup’s previous quarterly dividend of $0.10.

Commercial Bancgroup Stock Performance

NASDAQ CBK opened at $34.66 on Wednesday. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.06 and a quick ratio of 1.06. The company has a market cap of $474.84 million and a P/E ratio of 11.87. The stock has a 50-day moving average of $31.55 and a two-hundred day moving average of $28.38. Commercial Bancgroup has a 1-year low of $23.24 and a 1-year high of $35.57.

Commercial Bancgroup (NASDAQ:CBK) last issued its quarterly earnings results on Monday, July 27th. The company reported $0.75 earnings per share (EPS) for the quarter. Commercial Bancgroup had a net margin of 30.07% and a return on equity of 14.42%. The business had revenue of $32.80 million for the quarter.

Commercial Bancgroup Company Profile

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.