Frank Hamlin - Canandaigua National President CEO, Director

CNND Stock  USD 212.00  1.00  0.47%   

CEO

Mr. Frank H. Hamlin, III., was appointed as President, Chief Executive Officer, Director of Canandaigua National Corporationration, effective March 29, 2013. He was a director of the Corporation since 2004. Mr. Hamlin was employed as President of The Canandaigua National Bank and Trust Company since January 1, 2011. He is also a director of The Canandaigua National Bank and Trust Company, Genesee Valley Trust Company, Hometown Funding, dba CNB Mortgage Company, Canandaigua National Trust Company of Florida, Greater Funding of New York, Inc., CNB Operating Subsidiary No. 1, Inc., CNB Funding Corporationrationration, and WBI OBS Financial, LLC. Prior to being employed by the bank, Mr. Hamlin was of counsel at Croucher, Jones Johns from July 2007 through December 2010. Prior to that time, Mr. Hamlin worked as an attorney in private practice from June 2001 to 2007. Mr. Hamlin received his Bachelor of Political Science, Minor in Psychology in May 1995 from University of Vermont and his Juris Doctor from Albany Law School of Union University, May 2000. Mr. Hamlin is admitted to practice law in all New York State courts and in United States District Court for the Western District of New York. since 2013.
Age 39
Tenure 11 years
Phone800 724 2621
Webhttps://www.cnbank.com

Canandaigua National Management Efficiency

The company has return on total asset (ROA) of 0.0102 % which means that it generated a profit of $0.0102 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1401 %, meaning that it created $0.1401 on every $100 dollars invested by stockholders. Canandaigua National's management efficiency ratios could be used to measure how well Canandaigua National manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 411.55 M in liabilities. Debt can assist Canandaigua National until it has trouble settling it off, either with new capital or with free cash flow. So, Canandaigua National's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Canandaigua National sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Canandaigua to invest in growth at high rates of return. When we think about Canandaigua National's use of debt, we should always consider it together with cash and equity.
Canandaigua National Corporation operates as the bank holding company for The Canandaigua National Bank Trust Company and Canandaigua National Trust Company of Florida that provides various banking and financial services. The company was founded in 1887 and is based in Canandaigua, New York. Canandaigua Natl operates under BanksRegional classification in the United States and is traded on OTC Exchange. It employs 589 people. Canandaigua National [CNND] is a Pink Sheet which is traded between brokers over the counter.

Management Performance

Canandaigua National Leadership Team

Elected by the shareholders, the Canandaigua National's board of directors comprises two types of representatives: Canandaigua National inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Canandaigua. The board's role is to monitor Canandaigua National's management team and ensure that shareholders' interests are well served. Canandaigua National's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Canandaigua National's outside directors are responsible for providing unbiased perspectives on the board's policies.
Richard Fox, Director
Lawrence Heilbronner, Executive Vice President – Finance and Operations, CFO, Principal Accounting Officer, Cashier
JD IV, Ex Chairman
Daniel Fuller, Independent Vice Chairman of the Board
Steven Swartout, Executive Vice President Chief Administrative Officer, General Counsel, Secretary
Caroline Shipley, Independent Director
George Hamlin, Chairman of the Board, Trust Officer
Stephen Hamlin, Independent Director
Sue Stewart, Independent Director
Joseph Dugan, Executive Vice President – Customer Value Management of Bank and Trust Company
Robert Sheridan, Director
Karen Serinis, Executive Vice President – Retail and Consumer Lending of Bank and Trust Company
JD III, CEO Pres
Gary Babbitt, Executive Vice President and Chief Lending Officer of the Bank and Trust Company
Joy Esq, VP Solutions
Frank Hamlin, President CEO, Director
Jennifer Esq, Gen VP
Alan Stone, Independent Director
Vincent CPA, Ex CFO
Richard Miller, Independent Director

Canandaigua Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Canandaigua National a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Canandaigua National in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Canandaigua National's short interest history, or implied volatility extrapolated from Canandaigua National options trading.

Pair Trading with Canandaigua National

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Canandaigua National position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Canandaigua National will appreciate offsetting losses from the drop in the long position's value.

Moving against Canandaigua Pink Sheet

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The ability to find closely correlated positions to Canandaigua National could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canandaigua National when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Canandaigua National - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Canandaigua National to buy it.
The correlation of Canandaigua National is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Canandaigua National moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canandaigua National moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Canandaigua National can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canandaigua National. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

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Please note, there is a significant difference between Canandaigua National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canandaigua National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canandaigua National's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.