Community Bancorp (OTCMKTS:CMTV) Releases 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 Price Performance

Shares of CMTV stock remained flat at $17.78 during mid-day trading on Friday. 3 shares of the stock were exchanged, compared to its average volume of 2,115. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.90 and a quick ratio of 0.90. The stock has a market cap of $99.51 million, a price-to-earnings ratio of 8.16 and a beta of 0.33. The firm’s 50-day moving average is $17.58 and its 200 day moving average is $16.90. Community Bancorp has a fifty-two week low of $14.31 and a fifty-two week high of $19.95.

Community Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 1st. Shareholders of record on Tuesday, April 15th will be paid a dividend of $0.24 per share. The ex-dividend date of this dividend is Tuesday, April 15th. This represents a $0.96 annualized dividend and a yield of 5.40%. Community Bancorp’s dividend payout ratio is currently 44.04%.

About Community Bancorp

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.