Community Bancorp (CMTV) Q4 2025 earnings summary

Executive summary

• Fourth quarter 2025 net income was $4.6 million ($0.83 per share), up 13.1% year-over-year; full year 2025 net income reached $17 million ($3.01 per share), a 32.9% increase from 2024.

• Total assets grew 3.09% year-over-year to $1.29 billion, driven by a 4.02% increase in gross loans and a 6.89% rise in deposits.

• Book value per share rose to $20.36 from $17.24, reflecting improved equity capital and reduced unrealized losses in the securities portfolio.

Financial highlights

• Net interest income for Q4 2025 increased 15.98% to $11 million; full year net interest income rose 18.03% to $40.9 million.

• Non-interest income for Q4 2025 was $2.2 million, up 23.04% year-over-year; full year non-interest income grew 10.12% to $7.9 million.

• Non-interest expenses increased 13.19% in Q4 and 6% for the year.

• Provision for credit losses in Q4 2025 was $382,807, up from $27,504 in Q4 2024, due to a $299,000 commercial loan charge-off.

• Dividend payout for 2025 was 32.55%; quarterly dividend declared at $0.25 per share.

Outlook and guidance

• Management remains focused on credit quality, efficient capital use, and maximizing shareholder return.

• Forward-looking statements caution that economic, regulatory, and competitive factors could impact future results.