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Community Bancorp (Community Bancorp) ROE % : 16.85% (As of Dec. 2023)


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What is Community Bancorp ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Community Bancorp's annualized net income for the quarter that ended in Dec. 2023 was $14.14 Mil. Community Bancorp's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $83.92 Mil. Therefore, Community Bancorp's annualized ROE % for the quarter that ended in Dec. 2023 was 16.85%.

The historical rank and industry rank for Community Bancorp's ROE % or its related term are showing as below:

CMTV' s ROE % Range Over the Past 10 Years
Min: 9.61   Med: 13.68   Max: 17.18
Current: 16.66

During the past 13 years, Community Bancorp's highest ROE % was 17.18%. The lowest was 9.61%. And the median was 13.68%.

CMTV's ROE % is ranked better than
84.11% of 1460 companies
in the Banks industry
Industry Median: 9.86 vs CMTV: 16.66

Community Bancorp ROE % Historical Data

The historical data trend for Community Bancorp's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Community Bancorp ROE % Chart

Community Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.42 14.72 16.21 17.18 16.36

Community Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.00 17.25 15.96 16.89 16.85

Competitive Comparison of Community Bancorp's ROE %

For the Banks - Regional subindustry, Community Bancorp's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Community Bancorp's ROE % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Community Bancorp's ROE % distribution charts can be found below:

* The bar in red indicates where Community Bancorp's ROE % falls into.



Community Bancorp ROE % Calculation

Community Bancorp's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=13.432/( (75.176+89.029)/ 2 )
=13.432/82.1025
=16.36 %

Community Bancorp's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=14.136/( (78.807+89.029)/ 2 )
=14.136/83.918
=16.85 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Community Bancorp  (OTCPK:CMTV) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=14.136/83.918
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(14.136 / 41.992)*(41.992 / 1091.3175)*(1091.3175 / 83.918)
=Net Margin %*Asset Turnover*Equity Multiplier
=33.66 %*0.0385*13.0046
=ROA %*Equity Multiplier
=1.3 %*13.0046
=16.85 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=14.136/83.918
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (14.136 / 16.652) * (16.652 / 41.992) * (41.992 / 1091.3175) * (1091.3175 / 83.918)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 0.8489 * 39.66 % * 0.0385 * 13.0046
=16.85 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Community Bancorp ROE % Related Terms

Thank you for viewing the detailed overview of Community Bancorp's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Community Bancorp (Community Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
4811 US Route 5, Derby, VT, USA, 05829
Community Bancorp Inc is a holding company that provides a complete line of personal and business banking services with personal services and solutions. It mainly offers Business banking, Commercial real estate lending, residential real estate lending, Retail credit, Municipal and Institutional Banking, and Retail Banking. The company's product and service portfolio consists of deposit services, loan services, investment services, mortgages, business lending, and others. The bank offers a complete line of personal and business products and services along with offerings for non-profit organizations, municipalities and local governments.
Executives
Aminta K Conant director 4811 US ROUTE 5, DERBY VT 05829
David Mark Bouffard director 33 MOUNTAIN VIEW DRIVE, NEWPORT VT 05855
Carol Martin director 4811 US ROUTE 5, DERBY VT 05829
Bruce D Baker director 4811 US ROUTE 5, DERBY VT 05829
Wheeler James G. Jr. director 4811 US ROUTE 5, DERBY VT 05829
Jeffrey Lee Moore director 4811 US ROUTE 5, DERBY VT 05829
Christopher L. Caldwell officer: EVP & Chief Lending Officer 4811 US ROUTE 5, DERBY VT 05829
Emma Marvin director 4811 US ROUTE 5, DERBY VT 05829
Leslie Delhaie officer: EVP/COIO 4811 US ROUTE 5, DERBY VT 05829
Louise M Bonvechio officer: Vice President & CFO 4811 US ROUTE 5, DERBY VT 05829
Jacques R Couture director 4811 US ROUTE 5, DERBY VT 05829
Frederic Oeschger director 4811 US ROUTE 5, DERBY VT 05829
David Laforce director 4811 US ROUTE 5, DERBY VT 05829
Dorothy R Mitchell director 4811 US ROUTE 5, DERBY VT 05829
Kathryn M Austin officer: Executive Vice President 4811 US ROUTE 5, DERBY VT 05829

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