Community Bancorp. reported net income of $3.1 million for the third quarter ended September 30, 2024. This translates to $0.55 per share for the quarter.
These results represent a decrease of $248,258, or 7.38%, compared to the $3.4 million, or $0.61 per share, reported for the third quarter of 2023.
The decline in net income and earnings per share indicates a reduction in profitability compared to the prior year's third quarter, which is a key metric for investors assessing the company's financial health.
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