Commercial Bancgroup, Inc. (CBK) to Issue Quarterly Dividend of $0.12 on December 30th

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

Commercial Bancgroup Trading Up 2.0%

Shares of CBK stock opened at $32.64 on Wednesday. Commercial Bancgroup has a twelve month low of $23.24 and a twelve month high of $35.78. The stock has a market capitalization of $447.20 million and a price-to-earnings ratio of 11.10. The stock has a fifty day simple moving average of $32.66 and a two-hundred day simple moving average of $29.90.

Commercial Bancgroup (NASDAQ:CBK) last posted its quarterly earnings results on Monday, October 26th. The company reported $0.79 earnings per share (EPS) for the quarter. The firm 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.