Commercial National Financial's Q3 net income rises on higher interest income

Commercial National Financial (Michigan)

24/10/2025 21:00

Overview

Commercial National Q3 net income rises to $1.79 mln, $0.45 per share

Return on Equity for Q3 improves to 13.35% from 11.32% last year

Net interest income for Q3 increased by 9.8% year-over-year

Outlook

Company did not provide specific guidance

Result Drivers

NET INTEREST INCOME - Increased by $460,000 or 9.8%

LOAN DECREASE - Total loans decreased by $30 mln or 7.3% due to high-interest rate environment and early loan payoffs

ASSET DECREASE - Total assets fell due to repayment of $24 mln in wholesale funding and trust preferred debt

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 EPS
$0.45
Q3 Net Interest Margin
3.97%
Q3 ROE
13.35%


Press Release: ID:nGNX6ZyLgP

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)