Canandaigua National Corporation (CNND) Stock

About Canandaigua National Corporation

Canandaigua National Corporation operates as the bank holding company for The Canandaigua National Bank & Trust Company and Canandaigua National Trust Company of Florida, which provide various banking and financial services. The company offers checking, savings, and certificate of deposit accounts, as well as insurance services, and debit and credit cards. It also provides commercial and industrial loans, such as term loans and lines of credit, comprising loans to businesses for working capital, including inventory and receivables; business expansion consisting of the acquisition of real estate, expansion, and improvements; and equipment purchases. In addition, the company offers commercial real estate loans; commercial mortgages which includes apartments, commercial structures housing businesses, healthcare facilities, and other non-owner-occupied facilities; one-to-four-family residential real estate loans for the construction, purchase or refinancing of a mortgage; home equity lines of credit and second mortgage loans; indirect loans; and other consumer loans, including automobile, recreational vehicle, boat, aircraft, home improvement, and personal loans. Further, it provides investment management, trust, and insurance services. Additionally, the company offers cash management services; wire transfers; and online, mobile, and text banking, as well as bill pay, custodial, payroll, workplace banking, and ATM services. It serves individuals, corporations, and municipalities in Ontario County and Monroe County in New York State. The company was founded in 1887 and is based in Canandaigua, New York.

Canandaigua National Corporation is headquartered in US.

Canandaigua National Corporation (CNND) stock trades at $226.50 with a market capitalization of $414.81M. The stock is valued at a price-to-earnings (P/E) ratio of 7.06, price-to-book of 0.97, price-to-sales of 1.27. Over the past 52 weeks the stock has ranged between $162.50 and $226.50, and currently trades at its 52-week high. It pays a dividend yielding 4.59%.

On profitability, Canandaigua National Corporation generates a return on equity (ROE) of 14.61%, above the typical market average, return on capital employed of 1.49%, an operating margin of 23.49%, a net profit margin of 17.94%.

Official website: www.cnbank.com