Commercial Bancgroup, Inc. (NASDAQ:CBK) to Issue Quarterly Dividend of $0.10

Commercial Bancgroup, Inc. (NASDAQ:CBKGet Free Report) announced a quarterly dividend on Monday, January 26th, NASDAQ Dividends reports. Shareholders of record on Sunday, March 15th will be given a dividend of 0.10 per share on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Friday, March 13th.

Commercial Bancgroup Stock Performance

Shares of CBK traded down $0.05 during trading hours on Wednesday, hitting $25.13. The stock had a trading volume of 11,408 shares, compared to its average volume of 50,279. Commercial Bancgroup has a fifty-two week low of $23.24 and a fifty-two week high of $27.83. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.05 and a quick ratio of 1.03. The business’s 50-day moving average is $25.71. The firm has a market cap of $307.59 million and a price-to-earnings ratio of 16.87.

Commercial Bancgroup (NASDAQ:CBKGet Free Report) last posted its earnings results on Monday, January 26th. The company reported $0.72 EPS for the quarter. The business had revenue of $23.48 million for the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings initiated coverage on shares of Commercial Bancgroup in a report on Friday, December 26th. They set a “sell (e)” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

View Our Latest Analysis on CBK

Commercial Bancgroup Company Profile

(Get Free Report)

We are a bank holding company headquartered in Harrogate, Tennessee, and have elected under the Bank Holding Company Act of 1956, as amended (the “BHC Act”), to become a financial holding company. We were incorporated in Tennessee in 1975, and we operate primarily through our wholly owned bank subsidiary, Commercial Bank, a Tennessee banking corporation organized in 1976. The Bank is a full-service community banking institution that offers traditional consumer and commercial products and services to serve businesses and individuals in select markets in Kentucky, North Carolina, and Tennessee.

Further Reading

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