Commercial Bancgroup Inc. reported net income less non-controlling interest of $9.5 million for the third quarter of 2025, compared to $9.2 million for the third quarter of 2024. Return on average assets was 1.69% for the third quarter of 2025, compared to 1.65% for the same period in 2024. Return on average shareholders' equity was 15.76% for the third quarter of 2025, compared to 17.32% for the third quarter of 2024. Non-interest income for the nine months ended September 30, 2025, was $7.3 million, down 7.4% from $7.9 million during the same period in 2024, primarily due to one-time gains on the sale of bank property in the prior year. On October 1, 2025, the company priced its initial public offering at $24.00 per share for 7,173,092 shares.
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