Commercial National Financial Corporation Reports 1st Quarter 2026 Results
COMML NATL FINCL CRP MICH (CEFC)
NASDAQ:AMEX Investor Relations:
cnbthebankonline.com/home/about/investor
Company Research
Source: GlobeNewswire
ITHACA, Mich., April 24, 2026 (GLOBE NEWSWIRE) -- Commercial National Financial Corporation (OTCID: CEFC) reported net income of $1,677,000 or $0.43 per share for the first quarter of 2026 compared to $1,429,000 or $0.36 per share for the first quarter of 2025. Return on Equity was 11.87% for the first quarter of 2026 compared to 11.31% for the first quarter of 2025. Net interest income for the first quarter of 2026 increased by $302,000 or 6.2% compared to the respective 2025 period. Interest income decreased by $66,000, mainly due to a decrease in loans. Interest expense decreased by $368,000, mainly due to a decrease in funding costs. Non-interest income increased by $43,000, while operating expenses increased by $73,000, which was mainly due to higher wages and benefits expense. Total assets were $565 million as of March 31, 2026 compared to $571 million as of March 31, 2025. Total securities increased by $26 million, replacing the $26 million decrease in total loans. Whil
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