Community Bancorp Amends Q2 Results, Lowers Net Income to $4.7M
CMTV has more than doubled off its 52-week low of $17.52.
Summary
Community Bancorp amended its Q2 2026 earnings release, revising net income down to $4.7 million from the initially reported $4.9 million. The filing also corrected several other financial metrics, including net interest margin and prior-year EPS.
Key Events · Earnings and Guidance · CMTV
-
Q2 Net Income Revised Downward
The corrected Q2 2026 net income is $4.7 million, reflecting a $200,000 reduction from the $4.9 million originally reported on July 21, 2026.
-
Multiple Metric Corrections
Year-over-year earnings growth was revised to 15.47%, non-interest income growth to 12.34%, and net interest margin figures were corrected for Q2 2026 (3.95%) and prior periods.
-
Prior-Year EPS Restated
The 2025 year-to-date EPS was corrected to $1.34 and Q2 2025 EPS to $0.72, affecting comparability with the current period.
-
Original Release Superseded
The July 22 press release supersedes and replaces the July 21 release in its entirety, signaling that the original contained material errors.
Analysis · CMTV · Finance
A day after its initial release, Community Bancorp filed an amended 8-K to correct its Q2 2026 earnings. The revised net income comes in at $4.7 million, a $200,000 reduction from the originally reported $4.9 million. While the underlying performance remains solid—with year-over-year growth of 15.47%—the downward adjustment and a series of other corrections to key metrics such as net interest margin and EPS raise questions about the accuracy of the first disclosure. Investors should scrutinize the corrected figures, as the original release overstated earnings.
At the time of this filing, CMTV was trading at $39.08 on NASDAQ in the Finance sector, with a market capitalization of approximately $218.5M. The 52-week trading range was $17.52 to $42.92. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.