Community Bancorp (NASDAQ:CMTV) Releases Earnings Results

Community Bancorp (NASDAQ:CMTV) issued its earnings results on Tuesday. The company reported $0.84 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 Down 0.8%

Community Bancorp stock traded down $0.32 during mid-day trading on Tuesday, hitting $39.79. 41,015 shares of the company were exchanged, compared to its average volume of 30,037. The company has a market capitalization of $222.43 million, a P/E ratio of 12.55 and a beta of 0.38. The business has a fifty day moving average of $39.08. Community Bancorp has a 1-year low of $20.35 and a 1-year high of $42.92. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.94 and a quick ratio of 0.94.

Community Bancorp Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Community Bancorp in a report on Wednesday, June 17th. Wall Street Zen raised shares of Community Bancorp to a “hold” rating in a report on Saturday, March 28th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock 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.