Community Bancorp (OTCMKTS:CMTV) Posts Quarterly Earnings Results

Community Bancorp (OTCMKTS:CMTV) released its quarterly earnings data on Friday. The financial services provider reported $0.73 earnings per share for the quarter, Zacks reports. The company had revenue of $11.28 million for the quarter. Community Bancorp had a return on equity of 13.48% and a net margin of 20.29%.

Community Bancorp Stock Down 0.7 %

Shares of OTCMKTS:CMTV opened at $17.66 on Friday. The company’s fifty day moving average is $17.60 and its 200-day moving average is $16.92. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.90 and a current ratio of 0.90. Community Bancorp has a 52 week low of $14.31 and a 52 week high of $19.95. The company has a market capitalization of $98.84 million, a PE ratio of 8.10 and a beta of 0.33.

Community Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 1st. Shareholders of record on Tuesday, April 15th will be issued a dividend of $0.24 per share. The ex-dividend date of this dividend is Tuesday, April 15th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 5.44%. Community Bancorp’s payout ratio is presently 44.04%.

Community Bancorp Company Profile

Community Bancorp. operates as the bank holding company for Community National Bank that provides financial services to individuals, businesses, nonprofit organizations, and municipalities in northern and central Vermont. It offers financing for commercial business properties, equipment, inventories, and accounts receivable, as well as standby letters of credit; and business checking and other deposit accounts, cash management services, repurchase agreements, ACH and wire transfer services, card processing, and remote deposit capture.