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COMML NATL FINCL CORP PA - $CNAF STOCK NEWS

Welcome to our dedicated page for COMML NATL FINCL PA news (Ticker: $CNAF), a resource for investors and traders seeking the latest updates and insights on COMML NATL FINCL PA stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect COMML NATL FINCL PA's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of COMML NATL FINCL PA's position in the market.

Rhea-AI Summary

Commercial National Financial (CNAF) reported Q1 2024 earnings of $527,000, a decrease from $845,000 in Q1 2023. The company's undistributed earnings at the end of Q1 2024 were $786,000. The capital ratios and asset quality remained strong, with no loan delinquencies or non-accrual loans. The company's securities portfolio was impacted by high interest rates. The company employs 82 people, with 34 represented by a union. The labor agreement will expire in 2029.

Rhea-AI Impact
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End-of-Day
3.16%
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Rhea-AI Summary
Commercial National Financial Corporation (CNAF) declares a quarterly dividend of $0.26 per share, with executive officers and directors owning 16.36% of outstanding shares. The company employs 85 people, 35 of whom are unionized. The labor agreement was negotiated in November 2023 and will expire in February 2029. The company operates seven community banking facilities and an asset management division.
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End-of-Day
-5.6%
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dividends
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Rhea-AI Summary
Commercial National Financial Corporation (CNAF) reported a decrease in earnings for the fourth quarter of 2023 compared to the same period in 2022. The full-year 2023 return on average assets was 0.76% and the return on average equity was 9.60%. The company's financial performance was influenced by the Federal Reserve's interest rate hikes and is expected to be positively influenced by an anticipated policy rate cut in 2024. The company's capital position is strong, and it plans to continue its quarterly dividend payments to shareholders in 2024.
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0.96%
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Rhea-AI Summary
Commercial National Financial Corporation (CNAF) has declared a quarterly dividend of $0.26 per share payable on December 8, 2023, to shareholders of record as of December 1. The company's executive officers and directors collectively own 467,957 shares, or 16.36% of outstanding shares. As of September 30, 2023, the company employed 82 people, with 33 employees represented by the United Auto Workers, Local 1799. The labor agreement with the bargaining unit is set to expire in February 2024. The company operates seven community banking facilities and maintains a commercial business development sales force throughout its market area, as well as an asset management and trust division headquartered in Greensburg, Pennsylvania.
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Rhea-AI Summary
Commercial National Financial Corporation (CNAF) reports Q3 2023 earnings of $881,000 compared to $677,000 in Q3 2022. Tier one risk-based, total risk-based, leverage, and common equity tier one capital ratios at September 30, 2023, were 23.98%, 24.46%, 13.49%, and 23.98% respectively. The company's securities portfolio has been adversely impacted by rising interest rates.
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End-of-Day
7.61%
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Rhea-AI Summary
Commercial National Financial Corporation (CNAF) has reported its Q3 2023 results, with earnings of $881,000 compared to $677,000 in Q3 2022. Tier one risk-based, total risk-based, leverage, and common equity tier one capital ratios at September 30, 2023, were 23.98%, 24.46%, 13.49%, and 23.98% respectively.
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7.61%
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-6.69%
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Rhea-AI Summary
Commercial National Financial Corporation (CNAF) reported earnings of $842,000 in Q2 2023, compared to $932,000 in Q2 2022. For the six-month period ended June 30, 2023, the company earned $1,687,000, compared to $1,905,000 in the same period last year. Tier one risk-based, total risk-based, leverage, and common equity tier one capital ratios at June 30, 2023, were 23.77%, 24.36%, 13.31%, and 23.77% respectively.
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Rhea-AI Summary
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COMML NATL FINCL CORP PA

OTC:CNAF

CNAF Rankings

CNAF Stock Data

27.49M
3.56%
0.03%
Commercial Banking
Finance and Insurance
Link
United States of America
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About CNAF

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. it also provides loan products, such as home-equity, personal lines of credit, personal, and automobile loans, as well as residential and construction mortgages; and commercial loans, term loans, and lines of credit. in addition, the company offers other services, including automatic teller machine access/debit card, online banking, mobile banking, and online bill payment services; and direct deposit\payroll processing and night depository services. further, it provides asset management and trust services comprising trust and estate, investment management, and cash management services, as well as retirement products. the company operates a network of nine community office