Commercial National Financial Shares Down 1.4%

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Shares of Commercial National Financial Corp. (OTCMKTS:CEFC), a bank holding company headquartered in Peoria, Illinois, fell 1.4% on Thursday, trading as low as $13.95 per share. The company provides a range of financial products and services to retail and commercial customers across central and western Illinois through its subsidiary bank.

Why it matters

As a community bank holding company, Commercial National Financial's stock performance is an indicator of the financial health and market conditions in the central Illinois region it serves. The decline in share price may signal broader economic challenges or shifts in investor sentiment towards smaller, regional financial institutions.

The details

Commercial National Financial reported quarterly earnings of $0.45 per share. The company has a market capitalization of $55.38 million and a price-to-earnings ratio of 8.35. Its subsidiary, Commercial National Bank, offers a range of deposit products including checking accounts, savings accounts, money market accounts, and certificates of deposit.

• Commercial National Financial's shares closed at $14.15 on the previous trading day.
• On Thursday, the stock traded as low as $13.95 and last traded at $13.95, a decline of 1.4%.