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Commercial National Financial

Market Cap

US$53.7m

Last Updated

2021/04/11 23:32 UTC

Data Sources

Company Financials

Executive Summary

Commercial National Financial Corporation operates as a bank holding company for Commercial Bank & Trust of PA that provides various banking products and services in Pennsylvania. More Details


Snowflake Analysis

Flawless balance sheet, undervalued and pays a dividend.


Similar Companies

Share Price & News

How has Commercial National Financial's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CNAF is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: CNAF's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

-1.3%

CNAF

1.2%

US Banks

2.1%

US Market


1 Year Return

10.4%

CNAF

56.9%

US Banks

56.3%

US Market

Return vs Industry: CNAF underperformed the US Banks industry which returned 56.9% over the past year.

Return vs Market: CNAF underperformed the US Market which returned 56.3% over the past year.


Shareholder returns

CNAFIndustryMarket
7 Day-1.3%1.2%2.1%
30 Day0.3%-0.5%2.4%
90 Day15.4%16.0%6.8%
1 Year17.0%10.4%62.1%56.9%59.1%56.3%
3 Year4.0%-16.8%27.2%16.3%65.7%55.1%
5 Year25.2%-10.4%105.6%79.7%122.3%97.7%

Long-Term Price Volatility Vs. Market

How volatile is Commercial National Financial's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Commercial National Financial undervalued compared to its fair value and its price relative to the market?

44.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CNAF ($18.76) is trading below our estimate of fair value ($34.02)

Significantly Below Fair Value: CNAF is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CNAF is good value based on its PE Ratio (9.4x) compared to the US Banks industry average (13.3x).

PE vs Market: CNAF is good value based on its PE Ratio (9.4x) compared to the US market (22.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CNAF's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CNAF is good value based on its PB Ratio (0.8x) compared to the US Banks industry average (1.1x).


Future Growth

How is Commercial National Financial forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.4%

Forecasted Banks industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Commercial National Financial has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Commercial National Financial performed over the past 5 years?

2.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CNAF has high quality earnings.

Growing Profit Margin: CNAF's current net profit margins (31.2%) are higher than last year (26.2%).


Past Earnings Growth Analysis

Earnings Trend: CNAF's earnings have grown by 2% per year over the past 5 years.

Accelerating Growth: CNAF's earnings growth over the past year (20.5%) exceeds its 5-year average (2% per year).

Earnings vs Industry: CNAF earnings growth over the past year (20.5%) exceeded the Banks industry 1.4%.


Return on Equity

High ROE: CNAF's Return on Equity (8.2%) is considered low.


Financial Health

How is Commercial National Financial's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: CNAF's Assets to Equity ratio (6.1x) is low.

Allowance for Bad Loans: CNAF has a sufficient allowance for bad loans (611%).

Low Risk Liabilities: 99% of CNAF's liabilities are made up of primarily low risk sources of funding.

Loan Level: CNAF has an appropriate level of Loans to Assets ratio (56%).

Low Risk Deposits: CNAF's Loans to Deposits ratio (68%) is appropriate.

Level of Bad Loans: CNAF has an appropriate level of bad loans (0.1%).


Dividend

What is Commercial National Financial current dividend yield, its reliability and sustainability?

5.54%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CNAF's dividend (5.54%) is higher than the bottom 25% of dividend payers in the US market (1.26%).

High Dividend: CNAF's dividend (5.54%) is in the top 25% of dividend payers in the US market (3.5%)


Stability and Growth of Payments

Stable Dividend: CNAF's dividends per share have been stable in the past 10 years.

Growing Dividend: CNAF's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (52.1%), CNAF's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

15.8yrs

Average management tenure


CEO

Gregg Hunter (61 yo)

17.17yrs

Tenure

US$323,836

Compensation

Mr. Gregg E. Hunter serves as Chief Executive Officer and President of Commercial National Financial Corp. Mr. Hunter served as President and Chief Executive Officer for Commercial National Financial Corp....


Leadership Team

Experienced Management: CNAF's management team is seasoned and experienced (15.8 years average tenure).


Board Members

Experienced Board: CNAF's board of directors are seasoned and experienced ( 19.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Commercial National Financial Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Commercial National Financial Corporation
  • Ticker: CNAF
  • Exchange: OTCPK
  • Founded: 1990
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$53.673m
  • Shares outstanding: 2.86m
  • Website: https://www.cnbthebankonline.com

Number of Employees


Location

  • Commercial National Financial Corporation
  • 900 Ligonier Street
  • Latrobe
  • Pennsylvania
  • 15650
  • United States

Listings


Biography

Commercial National Financial Corporation operates as a bank holding company for Commercial Bank & Trust of PA that provides various banking products and services in Pennsylvania. The company offers checki...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/11 23:32
End of Day Share Price2021/04/09 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.