Commercial National Financial Financial Performance and History

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Commercial National Financial has a rich history dating back to 1987, when it was founded with a focus on providing financial services to its clients.

The company has undergone significant growth and expansion over the years, with a notable milestone being its conversion to a bank holding company in 2007.

This move allowed Commercial National Financial to access new capital markets and expand its services to meet the evolving needs of its customers.

With its headquarters in Wichita, Kansas, Commercial National Financial has established a strong presence in the region and continues to serve its clients with a range of financial products and services.

Company History

Commercial National Financial Corporation has a rich history dating back to 1893. This was the year the company was founded.

The company has a strong leadership team, with Kevin Collison serving as the CEO. This leadership has been instrumental in shaping the company's vision and mission.

Commercial National Financial Corporation operates as the holding company for Commercial Bank, providing various banking products and services to individuals, agricultural and commercial businesses, and light industries in Michigan.

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Here are some of the key services offered by Commercial Bank:

  • Checking and savings accounts
  • Individual retirement accounts
  • Certificates of deposit
  • Health savings accounts
  • Personal loan products, such as automobile, recreational vehicle, all-terrain, boat and snow mobile loans, personal lines of credit, and unsecured term loans
  • Home equity loans and mortgage loans
  • Business loans, including secured lines of credit, business lines of credit, SBA loans, equipment lines of credit, real estate loans, vehicle loans, term loans, USDA loan programs, and capital access loan programs

Financial Performance

Commercial National Financial Corporation reported a net income of $1,237,000 in the fourth quarter of 2020.

This impressive earnings figure translates to a profit of $.31 per share, demonstrating the company's financial stability and growth.

The company's strong financial performance in the fourth quarter of 2020 is a testament to its ability to navigate the challenges of the past year and emerge stronger.

2020

In 2020, Commercial National Financial Corporation reported a significant net income of $1,237,000.

This was a notable achievement, especially considering the challenging economic environment at the time.

The company's fourth quarter 2020 net income was $.31 per share, a solid return on investment.

Commercial National Financial Corporation's financial performance in 2020 demonstrates its resilience and ability to adapt to changing market conditions.

The company's earnings were announced on January 28, 2021, providing valuable insights into its financial health.

Price History & Performance

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The price history of Commercial National Financial is a story of ups and downs, but overall a positive trend. The current share price is a respectable $10.83.

Over the past year, the company's stock has seen a significant increase of 18.28%. This is a remarkable achievement, especially considering the volatility of the market.

In the past 52 weeks, the stock has reached a high of $10.95 and a low of $8.35. This gives us a sense of the stock's volatility and the potential risks involved.

Here's a breakdown of the company's performance over different time periods:

These numbers give us a clear picture of the company's performance over time.

Dividend Information

Commercial National Financial Corporation has a history of declaring regular quarterly cash dividends.

The company's Board of Directors has consistently declared a dividend of 14 cents per share.

The dividend declaration has been announced through Globe Newswire, a reputable news distribution service.

Commercial National Financial Corporation's dividend declaration was announced in August 2023, as well as in August and November 2024.

March 31, 2021

Credit: youtube.com, March 31, 2021 Finance Committee Meeting

Commercial National Financial Corporation reported its earnings for the quarter ended March 31, 2021.

The company's financial results were announced on May 3, 2021, revealing its performance for the specified period.

Commercial National Financial Corporation is the parent company of Commercial Bank & Trust of PA.

News and Updates

Commercial National Financial Corporation has been consistently reporting its earnings results over the years. In 2024, the company reported its earnings results for the third quarter and nine months ended September 30, on October 25, 2024.

The company has also been declaring quarterly dividends to its shareholders. In 2022, Commercial National Financial Corporation declared a quarterly dividend of $0.26 per share payable June 15, 2022. This was announced on May 17, 2022.

Here are the quarterly dividend declarations made by Commercial National Financial Corporation in 2022:

2022

In 2022, Commercial National Financial Corporation reported significant net income in each of its four quarters. The company's net income for the year was substantial.

Exterior of modern bank building with arched passages
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The first quarter of 2022 saw Commercial National Financial Corporation report a net income of $3,050,000. This was a strong start to the year, with earnings per share of $.77.

In the second quarter, the company's net income decreased to $1,518,113, with earnings per share of $.38. This was still a respectable performance.

The third quarter brought another decrease in net income, to $1,601,000, with earnings per share of $.40. Despite this, the company's financial health remained stable.

Commercial National Financial Corporation's net income rebounded in the fourth quarter, reaching $1,912,000, with earnings per share of $.48. This was a significant increase from the previous quarter.

Latest News About

Commercial National Financial Corporation has been consistently reporting its earnings results over the years. In the third quarter and nine months ended September 30, 2024, the company reported its earnings results.

Commercial National Financial Corporation has a history of declaring quarterly dividends. In 2022, the company declared a quarterly dividend of $0.26 per share payable June 30, 2022, and another one payable September 30, 2022.

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The company's earnings results have been reported for various quarters, including the first quarter ended March 31, 2024, and the second quarter and six months ended June 30, 2024. Commercial National Financial Corporation has also reported its earnings results for the third quarter and nine months ended September 30, 2023.

Here are some key dates related to the company's earnings results and dividend declarations:

Commercial National Financial Corporation has been transparent about its financial performance, providing regular updates to its stakeholders.

Risk Analysis

Commercial National Financial has a risk management system in place to identify and mitigate potential risks.

One of the key risks faced by the company is market risk, which can be exacerbated by economic downturns and changes in interest rates.

The company's management team closely monitors market conditions to make informed decisions about investments and lending practices.

This proactive approach helps to minimize the impact of market fluctuations on the company's financial stability.

By diversifying its investment portfolio, Commercial National Financial is able to spread risk and reduce its exposure to market volatility.

Price Volatility

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CEFC's share price has been relatively stable in the past 3 months, with a 1-month change of 6.11% and a 3-month change of 11.35%, which is lower than the US market's average movement of 6.0%.

The company's weekly volatility has been stable over the past year, with an average movement of 5.3%. This is lower than the banks industry average of 3.8%.

In comparison, the 10% most volatile stocks in the US market have seen an average movement of 18.5%, while the 10% least volatile stocks have seen an average movement of 3.0%.

Here's a summary of CEFC's volatility compared to industry and market:

This suggests that CEFC's share price has been relatively stable compared to the broader market and industry.

Risk Analysis

Risk Analysis is a crucial step in identifying potential threats to a project or business. It helps you understand the likelihood and potential impact of different risks.

A risk assessment typically involves identifying, evaluating, and prioritizing risks. According to the risk matrix, a high-risk situation has a high likelihood and high impact.

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Understanding the likelihood and impact of risks is essential in risk analysis. The risk matrix is a tool used to categorize risks based on their likelihood and impact.

Risk analysis can be done using various methods, including qualitative and quantitative approaches. Qualitative methods involve assigning a value to the risk, while quantitative methods involve assigning a numerical value.

A risk register is a document that outlines all the identified risks, their likelihood, and potential impact. It's a useful tool for tracking and managing risks over time.

Regular risk reviews help to ensure that risks are being monitored and addressed. This can involve reviewing the risk register and updating the risk assessment as necessary.

Wallace Brekke

Junior Assigning Editor

Wallace Brekke is a seasoned Assigning Editor with a keen eye for detail and a passion for storytelling. With a keen interest in finance and economics, Brekke has honed their skills in assigning and editing articles on a range of topics, including market trends and commodity prices. Brekke's expertise spans a variety of categories, including gold prices and historical commodity prices.

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