Commercial National Financial Corporation Announces Quarterly Dividend & Share Repurchase Program
Globenewswire·2025-08-22 18:51

Dividend Announcement - Commercial National Financial Corporation declared a regular quarterly cash dividend of 14 cents per share, payable on October 1, 2025, to shareholders of record on September 19, 2025. The annualized dividend yield based on a recent closing price of $11.30 per share is 4.96% [1]. Share Repurchase Program - CEFC announced a share repurchase program in May 2025, which remains in effect indefinitely. The company may repurchase shares at its discretion, considering factors such as share price, market conditions, and share availability. There is no guarantee on the number of shares to be repurchased, and the program may be modified, renewed, suspended, or terminated at any time without prior notice [2]. Company Overview - Commercial National Financial Corporation is the holding company of Commercial Bank, a state-chartered community bank headquartered in Ithaca, Michigan. Established in 1893, the bank has been serving the banking needs of its communities for over 130 years, with locations across five Michigan counties: Gratiot, Ingham, Montcalm, Barry, and Ottawa [3].