Community Bancorp (CMTV) Reports Q2 2026 Earnings (Corrected)
$CMTV · COMMUNITY BANCORP /VTResearch Summary
AI-generated summary of this SEC filing
Community Bancorp (CMTV) Reports Q2 2026 Earnings (Corrected)
What Happened
Community Bancorp filed an amended Form 8‑K to replace a July 21, 2026 press release with a corrected July 22, 2026 press release reporting its results for the quarter and six months ended June 30, 2026. The corrected release states consolidated earnings for Q2 2026 of $4.7 million, an increase of $628,008 (15.47%) versus Q2 2025. The July 22 press release (Exhibit 99.1) supersedes and replaces the prior press release in its entirety.
Key Details
- Q2 2026 consolidated earnings: $4.7 million (up $628,008 or 15.47% vs Q2 2025).
- Total non‑interest income Q2 2026: $2.3 million (up $254,036 or 12.34% vs Q2 2025).
- Net interest margin: Q2 2026 = 3.95%; Q2 2025 = 3.64%; six months ended June 30, 2025 = 3.56%.
- Prior‑period metrics reported in the corrected release: ROE for quarter ended June 30, 2025 = 15.62%; YTD EPS as of June 30, 2025 = $1.34; Q2 2025 EPS = $0.72.
Why It Matters
The company corrected its public earnings announcement, confirming stronger year‑over‑year quarterly earnings and higher non‑interest income for Q2 2026, along with an improved net interest margin for the quarter. For investors, the filing is important because it replaces the earlier release with the corrected figures—use the July 22, 2026 press release as the authoritative source for the company’s recent results.