Commercial National Financial (CNAF) Reports Q2 EPS of $0.42

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Commercial National Reports June 30, 2016 Earnings

July 28, 2016 9:41 AM EDT

LATROBE, Pa., July 28, 2016 /PRNewswire/ -- Commercial National Financial Corporation (OTC Markets: CNAF)(Company), parent Company of Commercial Bank & Trust of PA, has reported results for the quarter ended June 30, 2016. The Company earned $1,211,000 (or $0.42 per average share outstanding) in the second quarter 2016 compared to $2,390,000 (or $0.83 per average share outstanding) in the second quarter 2015. The Company earned $2,457,000 (or $0.86 per average share outstanding) for the six-month period ended June 30, 2016 and $3,987,000 (or $1.39 per average share outstanding) for the six-month period ended June 30, 2015. A protracted continuation of historically depressed mid-year market interest rates and yield levels could... More