Community Bancorp (NASDAQ:CMTV) Announces Quarterly Earnings Results

Community Bancorp (NASDAQ:CMTV) issued its quarterly earnings data on Tuesday. The company reported $0.84 earnings per share (EPS) for the quarter, Zacks reports. Community Bancorp had a return on equity of 15.98% and a net margin of 25.28%.

Community Bancorp Stock Performance

CMTV stock traded down $0.32 on Tuesday, reaching $39.79. The company had a trading volume of 41,015 shares, compared to its average volume of 30,037. The firm’s fifty day moving average price is $39.08. The company has a market capitalization of $222.43 million, a P/E ratio of 12.55 and a beta of 0.38. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.11. Community Bancorp has a 1 year low of $20.35 and a 1 year high of $42.92.

Community Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Saturday, August 1st. Investors of record on Wednesday, July 15th will be paid a $0.25 dividend. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a $1.00 dividend on an annualized basis and a yield of 2.5%. Community Bancorp’s dividend payout ratio is presently 31.55%.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. Weiss Ratings restated a “buy (b)” rating on shares of Community Bancorp in a research report on Wednesday, June 17th. Wall Street Zen upgraded shares of Community Bancorp to a “hold” rating in a research report on Saturday, March 28th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Community Bancorp currently has a consensus rating of “Buy”.

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.