Community Bancorp (PK:CMTV)
Business Focus: Commercial Banks
| Sector: Financials | Industry: Banks |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 4811 Us Route 5 DERBY VT 05829 |
| Tel: | 1-802-3347915 |
| Website: | https://www.communitynationalbank.com/community-bancorp |
| IR: | See website |
| Key People | ||
| Kathryn M. Austin President, Chief Executive Officer, Director; Chief Executive Officer of Community National Bank | Christopher L. Caldwell Vice President, Director and President of the Bank | Louise M. Bonvechio Corporate Secretary, Treasurer of Community Bancorp. and Executive Vice President, CFO and Cashier, Community National Bank |
| Business Overview |
| Community Bancorp. is a bank holding company for Community National Bank (the Bank). Through the Bank, it provides a range of loan and deposit services to individuals, businesses, nonprofit organizations and municipalities in its northern and central Vermont markets. Its services include business banking, commercial real estate lending, residential real estate lending, retail credit, municipal and institutional banking and retail banking. It offers a range of credit products for a variety of general business purposes, including financing for commercial business properties, equipment, inventories and accounts receivable, and standby letters of credit. It provides a range of products to meet the financing needs of commercial developers and investors, residential builders and developers and community development entities. It also provides a full range of consumer banking services, including checking accounts, night deposit facilities and online, mobile, telephone banking and others. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Community Bancorp interest income increased 26% to $46.9M. Net interest income after loan loss provision increased 2% to $32.7M. Net income applicable to common stockholders decreased 3% to $13.3M. Net interest income after loan loss provision reflects Net Interest Margin, Total - % increase of less than 1% to 3.48%, Interest and fees on loans increase of 28% to $41.8M. |
| Employees: | 120 as of Dec 31, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $130.54M as of Dec 31, 2023 |
| Annual revenue (TTM): | $46.90M as of Dec 31, 2023 |
| EBITDA (TTM): | $18.45M as of Dec 31, 2023 |
| Net annual income (TTM): | $13.31M as of Dec 31, 2023 |
| Free cash flow (TTM): | $10.50M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $37.57M as of Dec 31, 2023 |
| Shares outstanding: | 5,514,432 as of Mar 20, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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