Commercial Bancgroup, Inc. (CBK) SEC Filings & Earnings Calls
EquiReason read 11 Commercial Bancgroup, Inc. SEC filings in the last 12 months. Latest: 10-Q on 2026-08-12 — Commercial Bancgroup reported Q2 2026 net income of $10.2M (+14.8% YoY) with net interest income growth and lower deposit costs, partially offset by a provision for credit losses..
Source: SEC EDGAR filings · figures as of 2026-06-30 · read by EquiReason
- Market cap
- 441.5M
- P/E TTM
- 11.0
- Dividend yield
- 0.6%
- 52-week
- —
- Next earnings
- 26 Oct, in 2 days
Every filing, read
last 12 months · SECWhat happened, the numbers inside, guidance and risks. The original is one click away.
12 Aug 202610-QCommercial Bancgroup reported Q2 2026 net income of $10.2M (+14.8% YoY) with net interest income growth and lower deposit costs, partially offset by a provision for credit losses.earningsopen
Figures in the filing · each found in the filing text
| Net interest income · Q2-2026 | $22M | +7% y/y |
| Net income · Q2-2026 | $10M | +15% y/y |
| Loans, net of allowance for credit losses · 2026-06-30 | $1.92B | +4% y/y |
| Total deposits · 2026-06-30 | $1.87B | +3% y/y |
| Allowance for credit losses · 2026-06-30 | $19M | +3% y/y |
| Interest expense on deposits · Q2-2026 | $8M | -17% y/y |
| Provision for credit losses · Q2-2026 | $399289.00 | |
| Earnings per share (diluted) · Q2-2026 | $0.74 | +1% y/y |
Risks flagged
Credit loss cycle turning
“Provision for credit losses $ 399,289 $ -”
Concentration in commercial real estate
“Commercial $ 1,140,479,845 $ 1,113,439,836” · word for word
Unrealized losses on securities portfolio
“Gross unrealized losses $ (927,445) on AFS securities”
27 Jul 20268-K · 2.02, 7.01Commercial Bancgroup, Inc. filed an 8-K reporting Q2 2026 earnings and declared a quarterly cash dividend of $0.12 per share. The dividend is a routine quarterly declaration, not an initiation, raise, or cut.open
Figures in the filing · each found in the filing text
| Net income · Q2-2026 | $10M | +15% y/y |
| Earnings per share (diluted) · Q2-2026 | $0.75 | +3% y/y |
| Return on average assets (ROAA) · Q2-2026 | 1.8% | |
| Return on average equity (ROAE) · Q2-2026 | 13.7% | |
| Return on average tangible common equity (ROATCE) · Q2-2026 | 14.3% | |
| Net interest margin · Q2-2026 | 4.1% | |
| Core efficiency ratio · Q2-2026 | 45.0% | |
| Loans outstanding net of deferred fees and discounts · Q2-2026 | $1.90B | +8% y/y |
| Total deposits · Q2-2026 | $1.90B | +1% y/y |
| Book value per share · Q2-2026 | $22.09 | +15% y/y |
Risks flagged
Asset quality declined slightly with nonperforming assets ratio increasing from 0.30% to 0.31%.
“Asset quality declined slightly with nonperforming assets to total assets of 0.31% as of June 30, 2026 as compared to 0.30% as of June 30, 2025.” · word for word
13 May 202610-QCommercial Bancgroup reported Q1 2026 net income of $9.5M, up 9.7% YoY, with net interest income up 5.9% YoY.earningsopen
Figures in the filing · each found in the filing text
| Net interest income · Q1-2026 | $20M | +6% y/y |
| Net income · Q1-2026 | $10M | +10% y/y |
| Total loans · Q1-2026 | $1.90B | |
| Total deposits · Q1-2026 | $1.89B | |
| Allowance for credit losses · Q1-2026 | $18M | |
| Noninterest income · Q1-2026 | $3M | +6% y/y |
| Noninterest expense · Q1-2026 | $11M | +5% y/y |
| Book value per share · Q1-2026 | $21.42 | |
| Dividend per share · Q1-2026 | $0.10 | -41% y/y |
Risks flagged
Concentration in real estate loans
“Real estate secured loans represent 90.0% of total loans as of March 31, 2026.”
Unrealized losses on securities
“Unrealized losses on available-for-sale securities of $1.0M and held-to-maturity securities of $3.5M as of March 31, 2026.”
Geographic concentration
“Operations concentrated in Tennessee, Kentucky, and North Carolina.”
27 Apr 20268-K · 2.02, 5.07, 7.01Commercial Bancgroup reported Q1 2026 net income of $9.5M ($0.70/share) vs $8.7M ($0.72) in Q1 2025. Core net income $10.0M ($0.73). Net interest margin 3.88%, down 13 bps from Q4 2025. Total loans grew $18.1M (4% annualized). Book value peearningsopen
Figures in the filing · each found in the filing text
| Net income · Q1-2026 | $10M | +9% y/y |
| Core net income · Q1-2026 | $10M | +15% y/y |
| Earnings per common share · Q1-2026 | $0.70 | -3% y/y |
| Core earnings per common share · Q1-2026 | $0.73 | +1% y/y |
| Return on average assets · Q1-2026 | 1.7% | |
| Core return on average assets · Q1-2026 | 1.7% | |
| Return on average equity · Q1-2026 | 13.2% | |
| Core return on average equity · Q1-2026 | 13.9% | |
| Return on average tangible common equity · Q1-2026 | 13.8% | |
| Core return on average tangible common equity · Q1-2026 | 14.4% |
Risks flagged
Net interest margin declined 13 bps sequentially to 3.88%, indicating potential pressure from loan yield compression or rising funding costs.
“Net interest margin of 3.88%, a decrease of 13 basis points from the fourth quarter of 2025” · word for word
GAAP EPS declined YoY to $0.70 from $0.72, though core EPS improved slightly to $0.73, suggesting one-time items may have impacted reported earnings.
“net income of $9.5 million, or $0.70 per common share, for the first quarter of 2026, compared to net income of $8.7 million, or $0.72 per common share, for the first quarter of 2025” · word for word
27 Apr 2026SC 13DRobertson family and trusts disclosed beneficial ownership of ~16.6% of Commercial Bancgroup, with board representation, following an internal transfer of shares.open
Figures in the filing · each found in the filing text
| Beneficial Ownership Percentage (John Adam Robertson) · 2026-03-24 | 8.5% | |
| Beneficial Ownership Percentage (Aaron A. Robertson) · 2026-03-24 | 8.1% | |
| Beneficial Ownership Percentage (CER Trust) · 2026-03-24 | 8.0% | |
| Beneficial Ownership Percentage (EGR Trust) · 2026-03-24 | 8.1% |
27 Apr 2026SC 13DRobertson family and trusts disclosed beneficial ownership of ~16.6% of Commercial Bancgroup, with board representation, following an internal transfer of shares.open
Figures in the filing · each found in the filing text
| Beneficial Ownership Percentage (John Adam Robertson) · 2026-03-24 | 8.5% | |
| Beneficial Ownership Percentage (Aaron A. Robertson) · 2026-03-24 | 8.1% | |
| Beneficial Ownership Percentage (CER Trust) · 2026-03-24 | 8.0% | |
| Beneficial Ownership Percentage (EGR Trust) · 2026-03-24 | 8.1% |
31 Mar 2026DEF 14AProxy statement for annual meeting; no material event beyond routine governance matters.open
Figures in the filing · each found in the filing text
| Net income · FY2025 | $37M | +18% y/y |
| Return on average assets · FY2025 | 1.6% | |
| Return on average equity · FY2025 | 15.6% | |
| Efficiency ratio · FY2025 | 47.0% | |
| Total loans · FY2025 | $1.90B | +4% y/y |
| Nonperforming assets to total assets · FY2025 | 0.3% | |
| Net charge offs to total loans · FY2025 | 0.0% | |
| Basic earnings per share · FY2025 | $2.95 |
Risks flagged
Concentration of ownership
“A relatively large percentage of our outstanding common stock is currently beneficially owned by each of Robertson Holding Company, L.P. (approximately 16.9%) and Unified Shares, LLC (approximately 8.5%).”
Limited public company experience
“Our management team has limited experience managing a publicly traded company, interacting with public company investors, and complying with the increasingly complex laws pertaining to public companies in the United States.”
24 Mar 202610-KRecord net income of $37.2M, up 18.4% YoY, with strong margin expansion and cost control.earningsopen
Figures in the filing · each found in the filing text
| Net income · FY2025 | $37M | +18% y/y |
| Net interest income · FY2025 | $80M | +4% y/y |
| Net interest margin · FY2025 | 3.9% | |
| Efficiency ratio · FY2025 | 47.0% | |
| Total deposits · FY2025 | $1.80B | -6% y/y |
| Nonperforming assets to total assets · FY2025 | 0.3% | |
| Allowance for credit losses to total loans · FY2025 | 1.0% | |
| Book value per share · FY2025 | $20.83 | +15% y/y |
| Tangible book value per share · FY2025 | $19.98 | +17% y/y |
| Return on average assets · FY2025 | 1.6% |
Risks flagged
CRE loan concentration
“CRE loans were 59.2% of total loans as of December 31, 2025, and represented 55.4% of total loans as of December 31, 2024.” · word for word
Hotel/motel lending concentration
“Our hotels/motels category, which has occasionally exceeded our limit of 50% of total risk-based capital.” · word for word
Ownership concentration
“A relatively large percentage of our outstanding common stock is currently beneficially owned by each of Robertson Holding Company, L.P. (approximately 16.9%) and Unified Shares, LLC (approximately 8.5%).” · word for word
26 Jan 20268-K · 2.02Commercial Bancgroup reported Q4 2025 net income of $9.9M ($0.72/diluted share) vs $5.6M ($0.46) in Q4 2024, with ROAA 1.76%, NIM 4.01%, and strong loan growth of $106.3M (24% annualized).earningsopen
Figures in the filing · each found in the filing text
| Net income less non-controlling interest · Q4-2025 | $10M | +77% y/y |
| Diluted earnings per share · Q4-2025 | $0.72 | +57% y/y |
| Return on average assets (ROAA) · Q4-2025 | 1.8% | |
| Return on average tangible common equity (ROATCE) · Q4-2025 | 16.0% | |
| Net interest margin (NIM) · Q4-2025 | 4.0% | |
| Efficiency ratio · Q4-2025 | 45.2% | |
| Gross loans · Q4-2025 | $1.90B | +4% y/y |
| Total deposits · Q4-2025 | $1.80B | -6% y/y |
| Noninterest bearing demand deposits · Q4-2025 | $398M | +0% y/y |
| Total operating revenue · FY2025 | $90M | +2% y/y |
Risks flagged
Deposit decline of 6.3% YoY, driven by reduction in brokered deposits, may indicate funding pressure.
“Total deposits were $1.8 billion as of December 31, 2025, a decrease of $122.9 million, or 6.3%, from December 31, 2024. This decrease was primarily driven by a $126.9 million reduction in brokered deposits” · word for word
Slight increase in nonperforming assets to total assets (0.28% vs 0.26% prior year) and decrease in ACL coverage (0.95% vs 1.00%) could signal modest credit quality deterioration.
“Asset quality decreased slightly with nonperforming assets to total assets of .28% as of December 31, 2025 and compared to .26% as of December 31, 2024. The allowance for credit losses to total loans decreased slightly to 0.95% as of December 31, 2025 from 1.00% as of December 31, 2014” · word for word
14 Nov 202510-QCommercial Bancgroup reported Q3 2025 net income of $9.5M, up 2.8% YoY, with net interest income up 6.1% and no provision expense.earningsopen
Figures in the filing · each found in the filing text
| Net Interest Income · Q3-2025 | $20M | +6% y/y |
| Net Income · Q3-2025 | $9M | +3% y/y |
| Total Loans · Q3-2025 | $1.77B | |
| Total Deposits · Q3-2025 | $1.78B | |
| Allowance for Credit Losses · Q3-2025 | $18M |
Risks flagged
Deposit outflow risk
“Total deposits 1,780,633,582 1,938,596,955” · word for word
Loan portfolio contraction
“Total loans 1,773,574,037 1,815,681,891” · word for word
28 Oct 20258-K · 2.02Commercial Bancgroup reported Q3 2025 net income of $9.5M ($0.77/diluted share) vs $9.2M ($0.74) YoY, completed IPO on Oct 3, 2025 with net proceeds of $30.6M, and showed improved efficiency ratio of 46.2% vs 48.1%.earningsopen
Figures in the filing · each found in the filing text
| Net income less non-controlling interest · Q3-2025 | $10M | +3% y/y |
| Net income per diluted share · Q3-2025 | $0.77 | +4% y/y |
| Total operating revenue · Q3-2025 | $23M | +5% y/y |
| Non-interest expense · Q3-2025 | $11M | +1% y/y |
| Efficiency ratio · Q3-2025 | 46.2% | |
| Tangible book value per share · Q3-2025 | $19.05 | +14% y/y |
| Return on average assets · Q3-2025 | 1.7% | |
| Return on average shareholders' equity · Q3-2025 | 15.8% | |
| Total deposits · Q3-2025 | $1.80B | |
| Total net loans · Q3-2025 | $1.70B |
Risks flagged
Total deposits decreased 8.1% from year-end 2024, driven by a reduction in brokered time deposits.
“Total deposits were $1.8 billion as of September 30, 2025, a decrease of $158.0 million, or 8.1%, from December 31, 2024.” · word for word
Nonperforming assets to total assets increased slightly to 0.26% from 0.25% at year-end 2024.
“Nonperforming assets to total assets of 0.26% as of September 30, 2025, an increase of 0.01% from December 31, 2024.” · word for word
Commercial Bancgroup, Inc. — questions
- What did Commercial Bancgroup, Inc. file recently?
- 11 SEC filings in the last 12 months. Latest: 10-Q on 2026-08-12 — Commercial Bancgroup reported Q2 2026 net income of $10.2M (+14.8% YoY) with net interest income growth and lower deposit costs, partially offset by a provision for credit losses.
Every figure on this page comes from Commercial Bancgroup, Inc.'s own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.