Community Bancorp. Q1 2024 EPS $0.51, down 15.5% YoY; net income $2.8M

COMMUNITY BANCORP /VT

2025-Q1 EPS reported $0.51

Net income of $2.8M ($0.51 per share) vs $3.3M ($0.61) in Q1 2023, a decline of $515,860.
Net interest income decreased 1.94% to $8.4M; loan portfolio grew 14.21% YoY to $107.8M.
Deposit balances declined $4.8M (0.54%) YoY; borrowed funds increased $83.9M to fund loan growth.
Dividend maintained at $0.23 per share, payable May 1, 2024 to shareholders of record April 15, 2024.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

COMMUNITY BANCORP /VT reported first quarter ended March 31, 2024 results: net income $2.8 million, EPS $0.51 per share.

Period: first quarter ended March 31, 2024
Net income: $2.8 million
EPS: $0.51 per share
Result: reported results

Exact text from the filing

Community Bancorp. Reports First Quarter 2024 Earnings For immediate release Derby, VT: April 22, 2024 --- Community Bancorp., (OTCQX:CMTV) Community National Bank reported earnings for the first quarter ended March 31, 2024, of $2.8 million or $0.51 per share

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COMMUNITY BANCORP /VT filing history →

Source: SEC EDGAR

accession 0001654954-24-004857

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