Community Ban corp   (CMTV)
Other Ticker:  
    Sector  Financial    Industry Commercial Banks
   Industry Commercial Banks
   Sector  Financial
Price: $17.0600 $-0.33 -1.898%
Day's High: $17.12 Week Perf: -1.69 %
Day's Low: $ 17.06 30 Day Perf: -5.06 %
Volume (M): 1 52 Wk High: $ 21.00
Volume (M$): $ 14 52 Wk Avg: $17.87
Open: $17.12 52 Wk Low: $15.64

 Market Capitalization (Millions $) 93
 Shares Outstanding (Millions) 5
 Employees 127
 Revenues (TTM) (Millions $) 41
 Net Income (TTM) (Millions $) 15
 Cash Flow (TTM) (Millions $) -56
 Capital Exp. (TTM) (Millions $) 1

Community Ban Corp

Community Bancorp. was organized under the laws of the State of Vermont in 1982 and became a registered bank holding company under the Bank Holding Company Act of 1956, as amended, in October 1983 when it acquired all of the voting shares of Community National Bank (the "Bank"), headquartered in Derby, Vermont. The Bank is the only subsidiary of the Company and principally all of the Companys business operations are presently conducted through it. Therefore, the following narrative and the other information about the Company contained in this report are based primarily on the Banks operations.

Community National Bank was organized in 1851 as the Peoples Bank, and was subsequently reorganized as the National Bank of Derby Line in 1865. In 1975, after 110 continuous years of operation as the National Bank of Derby Line, the Bank acquired the Island Pond National Bank and changed its name to "Community National Bank." On December 31, 2007, the Company completed its acquisition of LyndonBank, a Vermont bank headquartered in Lyndonville, Vermont, in a cash merger transaction. As a result of the merger, the Company expanded its existing branch network in Caledonia and Orleans Counties and expanded it into Lamoille and Franklin Counties. In addition to its main office in Derby, the Company currently maintains eleven branch offices in northeastern and central Vermont.

The Company, through Community National Bank, provides a broad range of retail banking services to the residents, businesses, nonprofit organizations and municipalities in northeastern and central Vermont. Significant services offered by the Company include:

Business Banking – The Company offers a range of credit products for a variety of general business purposes, including financing for commercial business properties, equipment, inventories and accounts receivable, as well as letters of credit. The Company also offers business checking and other deposit accounts, cash management services, repurchase agreements, automated clearing house (ACH) and wire transfer services and remote deposit capture.

Commercial Real Estate Lending – The Company provides a range of products to meet the financing needs of commercial developers and investors, residential builders and developers and community development entities. Credit products are available to facilitate the purchase of land and/or build structures for business use and for investors who are developing residential or commercial property, as well as for real estate secured financing of existing businesses.

Residential Real Estate Lending – The Company provides products to help meet the home financing needs of consumers, including conventional permanent and construction/permanent (fixed, adjustable, or variable rate) financing arrangements, and FHA/VA loan products. The Company offers both fixed-rate and adjustable rate residential mortgage (ARM) loans and home equity loans. A portion of the first lien residential mortgage loans originated by the Company are sold into the secondary market. The Company offers these products through its network of banking offices. The Company does not originate subprime residential real estate loans.

Retail Credit – The Company provides a full-range of loan products to meet the needs of consumers, including personal loans, automobile loans and boat/recreational vehicle loans. In addition, through a marketing alliance with a third party, the Company offers credit cards.

Municipal and Institutional Banking – The Company provides banking services to meet the needs of state and local governments, schools, charities, membership and not-for-profit associations including deposit account services, tax-exempt loans, lines of credit and term loans. In addition, through an arrangement with the Federal Home Loan Bank of Boston (“FHLBB”), the Company offers a secured deposit product to its municipal customers, collateralized by FHLBB letters of credit.

Retail Banking – The Company provides a full-range of consumer banking services, including checking accounts, savings programs, automated teller machines (ATMs), debit/credit cards, night deposit facilities and online, mobile and telephone banking.

The Company focuses on establishing and maintaining long-term relationships with customers and is committed to providing for the financial services needs of the communities it serves. In particular, the Company continues to emphasize its relationships with individual customers and small-to-medium-sized businesses. The Company actively evaluates the banking needs of its markets, including low- and moderate-income areas, and offers products that are responsive to the needs of its customer base. The Company’s markets provide a mix of real estate, commercial and industrial, municipal and consumer lending opportunities, as well as a stable core deposit base.

In 2002, the Bank transferred its trust operations to a newly formed Vermont-chartered nondepository trust and investment management affiliate, Community Financial Services Group, LLC, based in Newport, Vermont ("CFSG"). The Banks ownership interest in CFSG is held indirectly, through Community Financial Services Partners, LLC, a Vermont limited liability company (“CFSG Partners"), which owns 100% of the limited liability company equity interests of CFSG. Immediately following transfer of its trust operations to CFSG, the Bank sold a two-thirds interest in CFSG Partners, equally to the National Bank of Middlebury, headquartered in Middlebury, Vermont and Guaranty Bancorp Inc., the bank holding company parent of Woodsville Guaranty Savings Bank, headquartered in Woodsville, New Hampshire. CFSG offers fiduciary services throughout the market areas of the three owner financial institutions and leases space from them in some of their branch offices.


   Company Address: 4811 US Route 5 Derby 5829 VT
   Company Phone Number: 334-7915   Stock Exchange / Ticker: CMTV
   CMTV is expected to report next financial results on March 26, 2024.

Customers Net Income fell by CMTV's Customers Net Profit Margin fell to

-5.8 %

17.2 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


Stock Performances by Major Competitors

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Community Ban Corp

Commercial Banks Hit by Unprecedented Income Plunge in Q3 2023: What Went Wrong?

In the fiscal period ending September 30, 2023, Community Ban Corp experienced a revenue advance of 1.233%, reaching $9.90 million, but unfortunately, this growth was unable to prevent a significant income demise of -7.58% compared to the same reporting period in the previous year. Despite the revenue surge, the company witnessed a lower growth rate of 7.19% relative to the rest of the Commercial Banks sector, which recorded an impressive growth rate of 7.19% in Q3 of 2022.
Revenue and EPS Performance
While revenue increased by 0.759% from $9.83 million in the previous financial reporting period, the company's earnings per share (EPS) stood at $0.61. This represents an improvement of 5.17% from the preceding year's $0.58 per share.

Community Ban Corp

Community Ban Corp Shows Modest 3.57% Earnings per Share Build-Up in Latest Fiscal Period, Driven by Impressive Revenue Growth

Community Ban Corp, a leading player in the commercial banking sector, recently announced its financial results for the most recent fiscal period. The company witnessed a substantial increase in revenue, with a growth rate of 7.578% compared to the prior year's financial reporting period. Revenue reached $9.83 million, surpassing the previous year's figure of $9.13 million.
Despite the strong revenue growth, the bottom-line showed only moderate improvement, as evidenced by a 3.57% increase in earnings per share (EPS) to $0.58 per share. This compares to $0.56 per share in the prior year financial reporting period. It is worth mentioning that the company's business surge was lower than that of the entire Commercial Banks sector, which recorded an impressive 12.40% growth rate in the second quarter of 2022.

Community Ban Corp

Community Ban Corp Soars with Impressive 38.64% Growth in Earnings Per Share Amidst Financial Success

The recent fiscal period for Community Ban Corp has been nothing short of remarkable with the profit per share jumping by an impressive 38.64% to $0.61. This has been followed by a revenue rise of 19.249% to $10.00 million compared to the same period last year. Though the earnings in the previous reporting period had deteriorated, the net income for the financial period closing on March 31 2023 increased significantly by 38.79% from net earnings of $2.406 million reported in the financial period closing March 31 2023 a year ago.
What is remarkable about Community Ban Corp is the emphasis it has given to improving profit margins. With net margin rising to 33.4% in financial period closing March 31 2023, and operating margin moving up to 41.18%, this bank is well placed for a strong future. Operating earnings rose by 40.54% to $4.115914 million.


Community Ban's Segments
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