Community Bancorp (NASDAQ:CMTV – Get Free Report) announced its quarterly earnings results on Tuesday. The company reported $0.84 earnings per share for the quarter, Zacks reports. Community Bancorp had a net margin of 25.28% and a return on equity of 15.98%.
Community Bancorp Price Performance
Shares of CMTV opened at $39.79 on Wednesday. Community Bancorp has a 1-year low of $20.35 and a 1-year high of $42.92. The firm’s 50-day moving average is $39.11. The company has a market cap of $222.43 million, a price-to-earnings ratio of 12.55 and a beta of 0.38. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.11.
Community Bancorp Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Saturday, August 1st. Investors of record on Wednesday, July 15th will be issued a dividend of $0.25 per share. The ex-dividend date is Wednesday, July 15th. This represents a $1.00 dividend on an annualized basis and a yield of 2.5%. Community Bancorp’s payout ratio is presently 31.55%.
Analysts Set New Price Targets
Get Our Latest Analysis on CMTV
About Community Bancorp
Community Bancorp (NASDAQ: CMTV) is a bank holding company that provides commercial banking and related financial services through its subsidiary banking operations. The company focuses on deposit-taking and lending activities typical of community-oriented banks, serving the needs of individual customers, small and medium-sized businesses, and local organizations.
Its primary products and services include core deposit accounts, commercial and consumer lending, mortgage and real estate finance, and payment and treasury management services designed to support local business cash flow and day-to-day banking needs.
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