CEFC Commercial National Financial Corp. (Michigan)

Commercial National Financial Corporation Announces Quarterly Dividend

Commercial National Financial Corporation Announces Quarterly Dividend

ITHACA, Mich., Aug. 21, 2023 (GLOBE NEWSWIRE) -- Commercial National Financial Corporation (Pink Sheets: CEFC) announced that the Board of Directors declared a regular quarterly cash dividend of 14 cents per share. The dividend is payable October 2, 2023 to shareholders of record September 15, 2023.   Based on a recent closing price of $8.65 per share, the annualized dividend yield is 6.47%.

Contact:

Kevin Twardy

CFO

(989) 875-5528



EN
21/08/2023

Underlying

Reports on Commercial National Financial Corp. (Michigan)

 PRESS RELEASE

Commercial National Financial Corporation Reports 1st Quarter 2024 Ear...

Commercial National Financial Corporation Reports 1st Quarter 2024 Earnings ITHACA, Mich., April 26, 2024 (GLOBE NEWSWIRE) -- Commercial National Financial Corporation (Pink Sheets: CEFC) reported net income for the first quarter of 2024 of $1,161,000 or $0.29 per share compared to first quarter 2023 net income of $1,470,000 or $0.37 per share. Return on Equity (ROE) was 9.95% for the first quarter of 2024 compared to 14.40% for the first quarter of 2023. Net interest income for the first quarter of 2024 decreased by $199,000 or 4.2% compared to the respective 2023 period. While interest...

 PRESS RELEASE

Commercial National Financial Corporation Announces Quarterly Dividend

Commercial National Financial Corporation Announces Quarterly Dividend ITHACA, Mich., Feb. 23, 2024 (GLOBE NEWSWIRE) -- Commercial National Financial Corporation (Pink Sheets: CEFC) announced that the Board of Directors declared a regular quarterly cash dividend of 14 cents per share. The dividend is payable April 1, 2024 to shareholders of record March 15, 2024.   Based on a recent closing price of $9.45 per share, the annualized dividend yield is 5.93%. Contact:Benjamin OgleCFO (989) 875-5562

 PRESS RELEASE

Commercial National Financial Corporation Reports 4th Quarter 2023 Ear...

Commercial National Financial Corporation Reports 4th Quarter 2023 Earnings ITHACA, Mich., Jan. 26, 2024 (GLOBE NEWSWIRE) -- Commercial National Financial Corporation (Pink Sheets: CEFC) today announced that net income for the fourth quarter of 2023 was $1,458,000 or $0.37 per share compared to fourth quarter 2022 net income of $1,912,000 or $0.48 per share. Return on Equity (ROE) was 13.34% for the fourth quarter of 2023 compared to 19.86% for the fourth quarter of 2022. Net interest income for the fourth quarter of 2023 decreased by $523,000 or 10.3% compared to the fourth quarter of 2...

 PRESS RELEASE

Commercial National Financial Corporation Announces Quarterly Dividend

Commercial National Financial Corporation Announces Quarterly Dividend ITHACA, Mich., Nov. 22, 2023 (GLOBE NEWSWIRE) -- Commercial National Financial Corporation (Pink Sheets: CEFC) announced that the Board of Directors declared a regular quarterly cash dividend of 14 cents per share. The dividend is payable January 2, 2024 to shareholders of record December 15, 2023. Based on a recent closing price of $8.20 per share, the annualized dividend yield is 6.83%. Contact:Benjamin OgleCFO (989) 875-5562

 PRESS RELEASE

Commercial National Financial Corporation Reports 3rd Quarter 2023 Ear...

Commercial National Financial Corporation Reports 3rd Quarter 2023 Earnings ITHACA, Mich., Oct. 27, 2023 (GLOBE NEWSWIRE) -- Commercial National Financial Corporation (Pink Sheets: CEFC) today announced that net income for the third quarter of 2023 was $1,702,000 or $0.43 per share compared to third quarter 2022 net income of $1,601,000 or $0.40 per share. Return on Equity (ROE) was 15.42% for the third quarter of 2023 compared to 15.72% for the third quarter of 2022. For the third quarter of 2023, net interest income increased by $45,000 or 1.0% compared to the third quarter of 2022 pri...

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