Community Bank and Trust pays dividend

NH Business Review Staff,

Community Bank and Trust shareholders will be collecting some pretty hefty dividends.

The Wolfeboro bank (traded under the symbol CBNH.OB) announced yesterday that it will be paying a quarterly dividend of 35 cents a share, bringing the total for this fiscal year (which ends Nov. 1) to $1.80 a share. The stock’s Oct. 4 closing price was $30.03.

Community Bank and Trust used to be known as one of the state’s smaller banks, but has since become – with assets of more than $430 million – the largest locally-based commercial bank (and the fourth-largest local bank overall) in the state.

Bank President Peter Alden credits the bank growth – it has expanded to eight locations – to still thinking small.
“We’ve kept a very simple product,” he told NHBR Daily. “People like to deal across the desk with someone and that’s what we do.”

The bank has not released its third-quarter results yet. At the end of July, it announced that it netted $3.909 million in the first half, about 2 percent more than it earned for the first six months of the previous fiscal year. – BOB SANDERS

Categories: News

More news from NHBR:

177683682169e860d5e1d1c
Health, News

North Country Healthcare report listening sessions

North Country Healthcare on Monday, April 13, released a report summarizing feedback from a series of community listening sessions held earlier this year across the region, highlighting widespread concern about access to care, staffing and communication, along with strong support for keeping local hospitals open.

Assisted Living Facility
News, Nonprofits

Morrison Hospital Association files for bankruptcy

Morrison Hospital Association, a nonprofit senior care provider in northern New Hampshire, filed for Chapter 11 bankruptcy protection April 10, citing mounting debt — including a nearly $23 million federal loan — and lingering financial effects from the COVID-19 pandemic.

Business Mergers And Acquisitions Concept. Share Acquisition, As
Banking and Finance, News

2026 M&A market expectations

After two choppy years for dealmakers, 2026 is starting with a very different tone, one that many business owners have been waiting for. While the past few years brought tariff swings, interest rate volatility and a cautious lending environment, the fundamentals are shifting in a way that increasingly favors sellers, especially those in the lower-middle-market (LMM).