Community Bancorp (OTCMKTS:CMTV) Releases Earnings Results

Community Bancorp (OTCMKTS:CMTV) posted 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

OTCMKTS:CMTV opened at $17.66 on Friday. The firm has a market cap of $98.84 million, a price-to-earnings ratio of 8.10 and a beta of 0.33. Community Bancorp has a one year low of $14.31 and a one year high of $19.95. The firm’s fifty day moving average is $17.60 and its two-hundred day moving average is $16.91. 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 Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 1st. Investors of record on Tuesday, April 15th will be given a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 5.44%. The ex-dividend date of this dividend is Tuesday, April 15th. Community Bancorp’s payout ratio is 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.