Community Bancorp (OTCMKTS:CMTV) Posts Earnings Results

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

Community Bancorp Stock Performance

OTCMKTS CMTV opened at $17.66 on Friday. 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 1-year low of $14.31 and a 1-year high of $19.95. The company has a market cap of $98.84 million, a PE ratio of 8.10 and a beta of 0.33. The stock’s 50 day simple moving average is $17.60 and its 200-day simple moving average is $16.91.

Community Bancorp Announces Dividend

The company 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 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 dividend yield of 5.44%. Community Bancorp’s 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.