Community Bancorp (OTCMKTS:CMTV) Announces Quarterly Earnings Results

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

Community Bancorp Price Performance

OTCMKTS CMTV remained flat at $17.78 during trading hours on Friday. The company had a trading volume of 3 shares, compared to its average volume of 2,115. The business’s fifty day moving average is $17.58 and its 200 day moving average is $16.90. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.90 and a quick ratio of 0.90. Community Bancorp has a 52-week low of $14.31 and a 52-week high of $19.95. The stock has a market cap of $99.51 million, a P/E ratio of 8.16 and a beta of 0.33.

Community Bancorp Dividend Announcement

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