Commercial Bancgroup, Inc. (NASDAQ:CBK) Shareholders to Receive $0.12 Quarterly Dividend

Commercial Bancgroup, Inc. (NASDAQ:CBK) declared a quarterly dividend on Monday, October 26th. Investors of record on Tuesday, December 15th will be given a dividend of $0.12 per share on Wednesday, December 30th. This represents a $0.48 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Tuesday, December 15th.

Commercial Bancgroup Stock Up 2.0%

Commercial Bancgroup stock traded up $0.64 during trading on Tuesday, reaching $32.64. 61,344 shares of the company’s stock were exchanged, compared to its average volume of 56,058. Commercial Bancgroup has a 52-week low of $23.24 and a 52-week high of $35.78. The firm has a market cap of $447.17 million and a price-to-earnings ratio of 11.18. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.06 and a current ratio of 1.06. The company’s 50-day moving average is $32.77 and its two-hundred day moving average is $29.82.

Commercial Bancgroup (NASDAQ:CBK) last released its quarterly earnings data on Monday, October 26th. The company reported $0.79 EPS for the quarter. Commercial Bancgroup had a return on equity of 14.06% and a net margin of 30.07%. The company had revenue of $25.19 million for the quarter.

Commercial Bancgroup Company Profile

Commercial Bancgroup, Inc is a bank holding company headquartered in Tennessee. Through its banking subsidiary, Commercial Bank, the company provides financial services to individuals, families, businesses and organizations in the communities it serves.

Commercial Bank’s offerings generally include deposit accounts such as checking, savings and certificates of deposit, along with lending products for commercial, real estate, residential mortgage and consumer purposes. The bank also provides services such as online and mobile banking, debit cards, electronic payments and other traditional banking solutions.

The company operates as a community-focused financial institution serving customers in Tennessee and surrounding areas through a network of banking offices and digital channels.