Community Bancorp (OTCMKTS:CMTV) Issues Quarterly Earnings Results

Community Bancorp (OTCMKTS:CMTV) issued its earnings results on Friday. The financial services provider reported $0.73 earnings per share (EPS) for the quarter, Zacks reports. Community Bancorp had a return on equity of 13.48% and a net margin of 20.29%.

Community Bancorp Stock Performance

Shares of CMTV remained flat at $17.78 during trading hours on Friday. 3 shares of the stock were exchanged, compared to its average volume of 2,115. The stock has a market capitalization of $99.51 million, a P/E ratio of 8.16 and a beta of 0.33. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.13. The firm has a 50-day moving average of $17.58 and a 200 day moving average of $16.90. Community Bancorp has a 1-year low of $14.31 and a 1-year high of $19.95.

Community Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 1st. Shareholders of record on Tuesday, April 15th will be issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 5.40%. The ex-dividend date is Tuesday, April 15th. Community Bancorp’s dividend payout ratio (DPR) is currently 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.