10-Q · May 13, 2026
Commercial Bancgroup, Inc. reported Q1 2026 with total revenue of $23.1 million and diluted EPS of $0.73, slightly above consensus expectations. Revenue increased 1.6% compared to Q4 2025, while net income rose 9.7%…
Earnings analysis · 10-Q
CBK earnings analysis
Filed August 12, 2026 · Our reading of the company's report
The latest report
Commercial Bancgroup reported Q2 revenue of $24.165 million and diluted EPS of $0.74, with EPS up from $0.70 in Q1 2026 and net interest margin improving to 4.06% from 3.88%. The available filing information does not…
Read full summary
Commercial Bancgroup reported Q2 revenue of $24.165 million and diluted EPS of $0.74, with EPS up from $0.70 in Q1 2026 and net interest margin improving to 4.06% from 3.88%. The available filing information does not provide gross margin, operating margin, free cash flow, segment revenue, balance-sheet movement, or cash-flow figures for the quarter. No quantitative forward guidance was provided, and management reported no material changes to the risk factors in the 2025 Annual Report.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.74
What stood out
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Revenue and EPS exceeded consensus
Second-quarter operating revenue was $24.165 million and diluted EPS was $0.74, above consensus estimates of $23.400 million and $0.70, respectively.
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Sequential EPS improvement
Diluted EPS increased from $0.70 in Q1 2026 to $0.74 in Q2 2026, a sequential increase of $0.04, or 5.7%.
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Net interest margin expanded
Net interest margin expanded to 4.06% from 3.88% in Q1 2026, an improvement of 18 basis points.
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Quarterly profitability remained solid
Net income was $10.216 million for Q2 2026.
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Disclosure controls remained effective
Management concluded that disclosure controls and procedures were effective as of June 30, 2026.
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Repurchase capacity established
The company authorized a stock repurchase plan for up to $10 million, although no shares had been repurchased as of June 30, 2026.
What to watch
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Risk factors unchanged
The filing states there have been no material changes to the risk factors previously disclosed in the 2025 Annual Report. Accordingly, the 10-Q does not identify a new quantified risk-factor change.
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Repurchase authorization is discretionary
The company had not repurchased any shares under the $10 million repurchase plan as of June 30, 2026; the plan is discretionary and does not obligate the company to repurchase any specific amount.
Management's outlook
No quantitative revenue or EPS guidance was provided in the 10-Q; the filing contains no explicit forward outlook.
Earlier filings 2
10-K · March 24, 2026
Commercial Bancgroup positions itself as a community-focused commercial bank pursuing both organic growth and strategic acquisitions, having expanded into North Carolina via the July 1, 2024 merger with Alliance. As of…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.