Welcome to our dedicated page for Commun Bncp Vt news (Ticker: CMTV), a resource for investors and traders seeking the latest updates and insights on Commun Bncp Vt stock.
Community Bancorp. (CMTV) is the Vermont-incorporated parent of Community National Bank, an independent community bank that has been serving its markets since 1851. The company’s news flow provides detailed insight into its commercial banking activities, financial performance and governance as a regional bank focused on Vermont and nearby New Hampshire.
News releases for Community Bancorp. frequently cover quarterly and annual earnings, highlighting trends in total assets, loan portfolio growth, deposit balances, net interest income, non-interest income and non-interest expenses. These updates often explain how interest rate conditions affect the available-for-sale securities portfolio and equity through unrealized gains and losses, and how the provision for credit losses is determined under the CECL standard.
Investors following CMTV news will also see announcements about dividends and capital actions, including regular quarterly cash dividend declarations disclosed in both press releases and 8-K filings, the authorization of a stock repurchase program for up to 5% of outstanding common shares, and the redemption of the company’s Series A preferred stock. Management commentary in these releases provides context on capital levels, book value per share and the company’s approach to shareholder returns.
Additional news items describe corporate governance and strategic developments, such as annual shareholders’ meetings, director elections, advisory votes on executive compensation, changes in the independent registered public accounting firm, and leadership transitions at Community National Bank. A January 8, 2026 press release and related 8-K also report that Community Bancorp. has applied to uplist its common shares from the OTCQX Market to the Nasdaq Capital Market.
For readers interested in the regional banking landscape, the CMTV news stream offers ongoing commentary from management on the banking environment in Vermont and New Hampshire, the bank’s role in its communities, and its focus on organic growth in loans and deposits.
Community Bancorp (OTCQX:CMTV) reported a strong financial performance for Q1 2023, with earnings of $3.3 million or $0.61 per share, up 38.79% from $2.4 million or $0.44 per share in Q1 2022. Total assets decreased slightly to $1.03 billion from $1.06 billion at year-end 2022, while the loan portfolio grew by 8.95% or $62.3 million. Net interest income rose 12.77% to $8.5 million, aided by increased loan interest due to rising rates. The provision for credit losses significantly dropped to $207,540, a decrease from $862,500 in the previous year, reflecting better credit quality. The company declared a quarterly cash dividend of $0.23 per share. Despite challenges from rising interest rates and a tough economy, the bank's strategic focus on organic growth remains evident.
Community Bancorp. (OTCQX:CMTV) has announced a dividend of $0.23 per share, payable on May 1, 2023, to shareholders on record as of April 15, 2023. This reflects the company's continued commitment to returning value to shareholders. Community National Bank, serving since 1851, operates in multiple locations across Vermont. The press release also includes forward-looking statements regarding the company’s financial condition and potential impacts on its operations, highlighting risks related to economic conditions, regulatory changes, interest rates, and competitive pressures in the market.
Community Bancorp (CMTV) reported a strong performance for Q4 2022, with earnings of $4.7 million or $0.86 per share, marking a 39.67% increase year-over-year. Full year earnings rose to $13.7 million or $2.53 per share, a 4.58% increase from 2021. Total assets increased 3.62% to $1.06 billion, primarily driven by an 8.50% rise in loans. Net interest income for Q4 grew 17.72% to $9.3 million. Despite the challenges of rising interest rates, the Bank's diversified portfolio and demand for services contributed to growth. A quarterly cash dividend of $0.23 per share is payable on February 1, 2023.
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