First Commerce Bank Stock Price, News & Analysis

First Commerce Bancorp (OTCID: CMRB) launched a tender offer on January 28, 2026 to repurchase up to 3,000,000 shares of common stock at $7.00 per share. The Offer expires on February 27, 2026 at 5:00 p.m. EST unless extended. Dealers and agents: Performance Trust Capital Partners is Deal Manager, Computershare is Depositary, and Georgeson LLC is Information Agent. The Offer to Purchase with detailed terms is being mailed to eligible shareholders and is available on the company investor relations website.

First Commerce Bancorp (OTCID: CMRB) announced a Board-approved tender offer to repurchase up to 3,000,000 shares at $7.00 per share, beginning January 28, 2026 and expiring February 27, 2026 at 5:00 p.m. EST unless extended.

The Offer is intended to provide supplemental liquidity to long‑term shareholders; Offer to Purchase details, conditions, and withdrawal rights are available to eligible shareholders.

First Commerce Bancorp (OTC: CMRB) completed a private placement of a $40.0 million 7.75% Fixed-to-Floating Rate Subordinated Note due December 30, 2035. Interest is fixed at 7.75% semi‑annually through Dec 30, 2030, then resets quarterly to three‑month SOFR + 432 bps. The note may be redeemed beginning Dec 30, 2030 (subject to regulatory approval) and is intended to qualify as Tier 2 capital. Net proceeds will be used for general corporate purposes; part of the funds downstreamed to the bank are described as leverageable Tier 1 capital.

First Commerce Bancorp (OTC: CMRB) reported net income of $2.1M for Q3 2025 and $5.1M for the nine months ended September 30, 2025, up from $1.1M and $3.4M year‑ago, respectively. Basic EPS were $0.10 (Q3) and $0.25 (YTD).

Key drivers included loan growth to $1.40B (+12.7% vs Dec 31, 2024), deposits to $1.28B (+9.2%), investment securities up to $172.2M (+53.4%), a higher net interest margin of 2.61%, and repurchases of 991,000 shares for ~$6.2M. Book value per share rose to $8.63 at Sept 30, 2025.

First Commerce Bancorp (OTC: CMRB) reported strong Q2 2025 results with net income of $1.3 million for the quarter and $3.0 million year-to-date, up from $1.1 million and $2.2 million respectively in 2024. The bank demonstrated significant growth with total loans increasing 11.1% to $1.38 billion and deposits rising 6.2% to $1.25 billion.

Key metrics showed improvement with net interest margin increasing to 2.47%, up from 2.38% year-over-year. The bank successfully resolved a $21.0 million non-accrual loan in Q2, improving asset quality. Book value per share increased to $8.51, and the company maintained an active share repurchase program, buying back 904,000 shares at an average price of $6.23.

[ "Net income increased 18.2% to $1.3M in Q2 2025 vs $1.1M in Q2 2024", "Total loans grew 11.1% to $1.38B from December 2024", "Total deposits increased 6.2% to $1.25B from December 2024", "Net interest margin improved to 2.47%, up 9 basis points YoY", "Successfully resolved $21M non-accrual loan issue from previous quarter", "Book value per share increased to $8.51 from $8.19 YoY" ]

First Commerce Bancorp (OTC: CMRB) reported Q1 2025 net income of $1.7 million ($0.08 per share), up from $1.2 million ($0.05 per share) in Q1 2024. Total assets increased 2.0% to $1.58 billion, with deposits growing 8.8% year-over-year to $1.20 billion.

Key highlights include a thirteen basis point increase in net interest margin to 2.33%, improved return on assets to 0.44%, and book value per share growth to $8.47. The company continued its stock repurchase plan, buying back 653,000 shares at approximately $6.23 per share.

Notable challenges include a $21.0 million loan moving to non-accrual status, though remediation is expected in Q2 2025. Total non-accrual loans reached $37.9 million (3.02% of gross loans). The allowance for credit losses stands at $14.8 million, representing 1.18% of gross loans.

First Commerce Bancorp (OTC: CMRB) has announced significant additions to its Board of Directors and Management Team. The company appointed two new board members: Aaron Bookman, a corporate finance executive with 25+ years of experience, and Stanley Koreyva, a former senior banking executive.

The bank has also strengthened its Business Development and Risk Management teams with several key hires, including: Leonard Allen (VP/Business Banking Officer), Daniel Dunn (VP/Treasury Management Officer), Matteo DiGrigoli (Retail Sales & Service Officer), Wendy Glatz-Akmentins (AVP/Branch Manager), and Logan Cheow (AVP/Relationship Manager). Additionally, Daniel Beagle joined as SVP/Chief Risk Officer, bringing 30+ years of banking and insurance industry experience.

First Commerce Bancorp (OTC PINK:CMRB) has announced the relocation of its corporate headquarters to a new facility in Lakewood, New Jersey. The new headquarters, situated on the third floor of Liberty Plaza at 1700 Avenue of the States, encompasses over 15,700 square feet of space featuring modern workspaces and cutting-edge technology.

The facility will house all the Bank's back-office operations, including loan operations, digital banking, customer support, and administrative offices. Additionally, a new retail branch will open on the building's first floor to serve commercial and retail clients in the Lakewood market, while maintaining operations at their existing 105 River Ave. branch.

The relocation represents part of the Bank's strategic plan to enhance operational capabilities and customer service, with the company working alongside local firms for the design and build process.

First Commerce Bancorp (OTC PINK:CMRB) reported net income of $1.1 million for Q4 2024 and $4.5 million for full-year 2024, down from $5.8 million and $13.8 million respectively in 2023. Basic earnings per share decreased to $0.06 for Q4 and $0.21 for 2024, compared to $0.25 and $0.58 in 2023.

The company's total assets increased by 8% to $1.55 billion, while total deposits grew 7% to $1.17 billion. Through their Stock Repurchase Plan, they repurchased over 3.4 million shares at an average price of $6.37, which is $2.00 below book value. The book value per share increased to $8.39 from $8.06.

Key financial metrics showed mixed results: net interest margin decreased to 2.20% from 2.51%, return on average assets declined to 0.31% from 0.99%, and return on average equity fell to 2.55% from 7.51%. The company focused on reducing reliance on volatile time deposits and strengthening core deposit relationships.