Commercial Bancgroup

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General Information
Business:

(Incorporated  in Delaware)

We are a community bank holding company. Our flagship, Community Bank, operates 34 bank offices in Kentucky, North Carolina and Tennessee. We serve the Nashville, Knoxville and Tri-Cities Metropolitan Statistical Area. We also serve other counties in Tennessee, along with some counties in Southeast Kentucky and the Charlotte MSA in North Carolina. We also operate one loan production office.

Commercial Bancgroup had total consolidated assets of $2.3 billion, loans totaling $1.8 billion and deposits of $1.9 billion as well as total shareholders’ equity of $235 million – as of June 30, 2025. The outstanding loan volume is net of the bank’s allowance for loan losses, according to the prospectus.

Note: Net income and revenue are for the 12 months that ended June 30, 2025.

(Note: Commercial Bancgroup disclosed the terms for its IPO: 3.74 million shares at a price range of $25.75 to $27.75 to raise $100.0 million, if priced at the $26.75 mid-point of its range. Most of the shares are being offered by selling shareholders, according to the prospectus.) 

 
Industry: Bank - Community Bank
Employees: 298
Founded: 1975
Contact Information
Address 6710 Cumberland Gap Parkway Harrogate, Tennessee 37752
Phone Number (423) 869-5151
Web Address http://www.cbtn.com./
View Prospectus: Commercial Bancgroup
Financial Information
Market Cap $352.41mil
Revenues $88.7 mil (last 12 months)
Net Income $32.4 mil (last 12 months)
IPO Profile
Symbol CBK
Exchange NASDAQ
Shares (millions): 3.7
Price range $25.75 - $27.75
Est. $ Volume $100.0 mil
Manager / Joint Managers Hovde Group
CO-Managers
Expected To Trade: 9/29/2025
Day: Week of
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
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