Quarterly ResultApr 27, 2026, 03:17 PM
CBK Q1 Net Income $9.5M; EPS $0.70; Declares $0.10 Dividend & $10M Buyback
AI Summary
Commercial Bancgroup, Inc. announced net income of $9.5 million, or $0.70 per common share, for Q1 2026, compared to $8.7 million, or $0.72 per share, for Q1 2025. Core net income was $10.0 million, or $0.73 per share. The company also declared a quarterly cash dividend of $0.10 per share and authorized a new stock repurchase program of up to $10 million, expiring April 30, 2027. Key performance indicators included a ROAA of 1.66% and ROAE of 13.22%.
Key Highlights
- Q1 2026 net income $9.5 million ($0.70/share) vs. $8.7 million ($0.72/share) in Q1 2025.
- Q1 2026 core net income $10.0 million ($0.73/share) vs. $8.7 million ($0.72/share) in Q1 2025.
- Board declared a quarterly cash dividend of $0.10 per share.
- Authorized a stock repurchase program of up to $10 million, expiring April 30, 2027.
- Q1 2026 Return on average assets (ROAA) 1.66%; Return on average equity (ROAE) 13.22%.
- Total loans increased $18.1 million (4.0% annualized) to $1.9 billion at March 31, 2026.
- Book value per share $21.43; tangible book value per share $20.60 at March 31, 2026.
- Federal Reserve Bank of Atlanta raised the Bank’s Community Reinvestment Act rating to Satisfactory.