Business
Commercial Bancgroup, Inc. Announces Results for the Fourth Quarter 2025
HARROGATE, TENNESSEE / ACCESS Newswire / January 26, 2026 / Commercial Bancgroup, Inc. ("Commercial" or the "Company") (Nasdaq:CBK), the parent company of
About this update from Commercial Bancgroup, Inc.
[{"type":"text","content":"HARROGATE, TENNESSEE / ACCESS Newswire / January 26, 2026 / Commercial Bancgroup, Inc. (\"Commercial\" or the \"Company\") (Nasdaq:CBK), the parent company of Commercial Bank (the \"Bank\"), today announced net income less non-controlling interest of $9.9 million, or $0.72 per diluted common share, for the fourth quarter of 2025, compared to net income less non-controlling interest of $5.6 million, or $0.46 per diluted common share, for the fourth quarter of 2024.On October 1, 2025, the Company priced its initial public offering (the \"IPO\") of 7,173,092 shares of its common stock 1,458,343 of which were sold by Commercial and 5,714,758 of which were sold by certain selling shareholders, at a public offering price of $24.00 per share.Prior to September 18, 2025, Commercial had three classes of common stock outstanding: common stock, Class B common stock, and Class C common stock. On September 18, 2025, Commercial's charter was amended and restated. The Company's amended and restated charter provided for, among other things:effective upon the filing of the amended and restated charter, the reclassification and conversion of (i) each outstanding share of Class B common stock into 1.15 shares of common stock and (ii) each outstanding share of Class C common stock into 1.05 shares of common stock (collectively, the \"Stock Reclassification\"); andeffective immediately following the Stock Reclassification, a 250-for-1 forward stock split in respect of the outstanding shares of our common stock (the \"Stock Split\").Our financial statements, including earnings per share and book value per share, reflect the stock Reclassification and Stock Split retroactively. Because the IPO occurred after September 30, 2025, the financial impacts of the IPO are reflected for the fourth quarter of 2025 in the financial statements presented in this press release.Fourth Quarter 2025 Performance Highlights:Net income of $9.9 million or $0.72 per diluted shareReturn on average assets (\"ROAA\") of 1.76%Return on average equity (\"ROAE\") of 15.26%; Return on average tangible common equity (\"ROATCE\") of 15.99%Net interest margin of 4.01%, a decrease of 1 basis points from the third quarter of 2025Efficiency ratio of 45.24%Gross loans increased $106.3 million during the quarter, or 24% annualized, from the third quarterBook value per share increased $0....