OTCPK:CNAF

Stock Analysis Report

Commercial National Financial

Executive Summary

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

Snowflake

Fundamentals

Flawless balance sheet established dividend payer.

Risks

  • Commercial National Financial is not covered by any analysts.

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


Market Performance


7 Day Return

-0.9%

OTCPK:CNAF

-1.8%

US Banks

-1.6%

US Market


1 Year Return

-6.8%

OTCPK:CNAF

-16.1%

US Banks

-3.0%

US Market

CNAF outperformed the Banks industry which returned -16.1% over the past year.

CNAF underperformed the Market in United States of America which returned -3% over the past year.


Share holder returns

CNAFIndustryMarket
7 Day-0.9%-1.8%-1.6%
30 Day1.2%-10.1%-5.7%
90 Day-3.3%-5.0%0.2%
1 Year-2.4%-6.8%-13.7%-16.1%-0.8%-3.0%
3 Year27.4%10.4%37.9%28.5%38.1%29.1%
5 Year38.3%4.5%49.3%33.2%50.8%34.1%

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 based on future cash flows and its price relative to the stock market?

13.84x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Commercial National Financial's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Commercial National Financial's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Commercial National Financial is overvalued based on earnings compared to the US Banks industry average.

Commercial National Financial is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Commercial National Financial, we can't assess if its growth is good value.


Price Based on Value of Assets

Commercial National Financial is good value based on assets compared to the US Banks industry average.


Next Steps

Future Growth

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

8.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Commercial National Financial is high growth as no revenue estimate data is available.

Commercial National Financial's earnings are expected to grow by 8% yearly, however this is not considered high growth (20% yearly).

Unable to compare Commercial National Financial's revenue growth to the United States of America market average as no estimate data is available.

Commercial National Financial's earnings growth is positive but not above the United States of America market average.

Commercial National Financial's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Commercial National Financial will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

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

-4.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Commercial National Financial's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.

Commercial National Financial's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Commercial National Financial's 1-year earnings growth is negative, it can't be compared to the US Banks industry average.


Return on Equity

Commercial National Financial has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Commercial National Financial used its assets less efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Commercial National Financial improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

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

Information is not available.

Information is not available.


Financial Institutions Analysis

Commercial National Financial has an acceptable proportion of non-loan assets held.

Commercial National Financial has a sufficient allowance for bad loans.

Commercial National Financial's liabilities are made up of primarily low risk sources of funding.

Commercial National Financial's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).

Loans at Commercial National Financial are broadly funded by customer deposits.

Commercial National Financial has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

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

4.77%

Current Dividend Yield


Upcoming Dividend Payment

Purchase Commercial National Financial before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield and Payments Analysis

Commercial National Financial's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.52%).

Commercial National Financial's dividend is above the markets top 25% of dividend payers in United States of America (3.93%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are covered by earnings (1.5x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Commercial National Financial's salary, the management and board of directors tenure and is there insider trading?

14.8yrs

Average management tenure


CEO

Gregg Hunter (60yo)

15.5yrs

Tenure

US$300,636

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. ...


Management Age and Tenure

14.8yrs

Average Tenure

57yo

Average Age

The average tenure for the Commercial National Financial management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

17.9yrs

Average Tenure

65yo

Average Age

The average tenure for the Commercial National Financial board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Gregg Hunter (60yo)

    Vice Chairman

    • Tenure: 15.5yrs
    • Compensation: US$300.64k
  • Susan Skoloda (44yo)

    VP of Corporate Controls & Community Relations Officer

    • Tenure: 15.4yrs
  • Thomas Watters (57yo)

    Executive VP & CFO

    • Tenure: 14.1yrs
    • Compensation: US$121.17k
  • Keith Visconti (61yo)

    Executive Vice President of Sales and Service

    • Tenure: 0.0yrs
    • Compensation: US$128.57k
  • Cheryl Letterio

    Compliance Officer and Senior Vice President

    • Tenure: 0.0yrs
  • Kelly Moreman (49yo)

    Executive Vice President and Division Manager of Risk Management & Support

    • Tenure: 10.0yrs
  • Wendy Piper

    Director & Secretary

    • Tenure: 0.0yrs
  • Michael Palko

    Senior VP of Technology

    • Tenure: 0.0yrs
  • Michael Matthews

    Senior Vice President

    • Tenure: 0.0yrs
  • Donna Belluchie

    Senior Vice President

    • Tenure: 0.0yrs

Board Members

  • Gregg Hunter (60yo)

    Vice Chairman

    • Tenure: 15.5yrs
    • Compensation: US$300.64k
  • Joseph Mosso (87yo)

    Director

    • Tenure: 29.6yrs
    • Compensation: US$37.00k
  • Debra Spatola (62yo)

    Director

    • Tenure: 22.3yrs
    • Compensation: US$34.60k
  • George Welty (72yo)

    Chairman of the Board

    • Tenure: 15.3yrs
    • Compensation: US$83.80k
  • John Babilya (59yo)

    Director

    • Tenure: 20.3yrs
    • Compensation: US$41.00k
  • Bruce Robinson (68yo)

    Director

    • Tenure: 15.6yrs
    • Compensation: US$42.00k
  • Steve Landers (61yo)

    Director

    • Tenure: 15.6yrs
    • Compensation: US$39.40k
  • Roy Landers (69yo)

    Director

    • Tenure: 7.3yrs
  • Wendy Piper

    Director & Secretary

    • Tenure: 0.0yrs

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: 1934
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$62.370m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CNAFOTCPK (Pink Sheets LLC)YesCommon StockUSUSDMar 1994

Biography

Commercial National Financial Corporation operates as a bank holding company for Commercial Bank & Trust of PA that provides various banking services in Pennsylvania. The company offers checking, money mar ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/24 23:34
End of Day Share Price2019/08/23 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.