Commercial Bancgroup, Inc. (CBK) company profile
Close on Nov 13, 2026Market cap $448.58MP/E 11.1Yield 0.52%
About Commercial Bancgroup
State Commercial Banks, SIC 6022
Commercial Bancgroup, Inc. is a bank holding company that operates primarily through its wholly owned subsidiary, Commercial Bank. The company provides a range of traditional consumer and commercial banking products and services, including deposit accounts, treasury management, remote deposit capture, commercial lending, mortgages, home equity lines of credit, and small consumer finance loans. It caters to individual retail clients as well as commercial customers, specifically targeting small and mid-sized businesses, corporate clients, and commercial real estate owners.
Headquartered in Harrogate, Tennessee, the company conducts its operations across a regional branch network. As of December 31, 2025, it maintained 34 banking offices serving communities throughout Kentucky, North Carolina, and Tennessee, alongside one loan production office situated in North Carolina. Its key service territories encompass several metropolitan statistical areas, including Knoxville, Nashville, the Tri-Cities, and Charlotte, along with numerous non-metropolitan counties in southeast Kentucky and eastern Tennessee.
Summary of the business section of Commercial Bancgroup's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Commercial Bancgroup, Inc.
- Founded
- 1975
- Headquarters
- Harrogate, TN
- Address
- 6710 Cumberland Gap Parkway 37752
- Phone
- (423) 869-5151
- Website
- cbtn.com
- Employees
- 281, Dec 31, 2025
- Industry
- State Commercial Banks
- Incorporated in
- Tennessee
- Fiscal year ends
- December 31
- Auditor
- Mauldin & Jenkins, LLC, Chattanooga, Tennessee
Stock & identifiers
- Ticker
- CBK
- Exchange
- Nasdaq
- IPO date
- Oct 2, 2025
- Shares outstanding
- 14M, Aug 12, 2026
- Filer category
- Non-accelerated filer<br>Smaller reporting company<br>Emerging growth company
- SEC CIK
- 1981546
- CUSIP
- 20112C106
- ISIN
- US20112C1062
- FIGI
- BBG000FVM009
- Share class FIGI
- BBG001SGZPN2
- EIN
- 62-1039469
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Terry L. Lee | President and CEO, Director | 763,150 |
| John Adam Robertson | Executive Chairperson, Director | 1,162,552 |
| Philip J. Metheny | EVP, Chief Financial Officer | 14,502 |
| Sprinkle, Jr. Richard C. | EVP, Chief Credit Officer | 26,848 |
| Dennis Michael Robertson | Director | 22,453 |
| James J. Shoffner | Director | 15,888 |
| Martha S. Spurlock | Director | 1,264,131 |
| Alan C. Neely | Director | 509,555 |
| III Sam A. Mars | Director | 19,231 |
| Aaron A. Robertson | Director | 1,105,953 |
| Charles L. Yates | Director | 79,285 |
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Bonus | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|
| Terry L. Lee Former President and current President and Chief Executive Officer | $587.28K | $0 | $1.99M | $54.13K | $2.63M | +79% |
| J. Adam Robertson Former Chief Executive Officer and current Executive Chairperson | $263.39K | $120.00K | $0 | $128.68K | $512.07K | -1% |
| Philip J. Metheny Chief Financial Officer | $246.15K | $0 | $27.50K | $17.21K | $290.86K | – |
| Richard C. Sprinkle, Jr. Chief Credit Officer (Bank) | $270.60K | $0 | $27.50K | $20.16K | $318.26K | +4% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
IPO
From the final prospectus (Form 424B4) and the first day of trading
Offering
- Type
- Initial public offering
- Final prospectus filed
- Oct 2, 2025
- Offer price
- $24.00
- Securities offered
- 7,173,092
- Gross proceeds
- $172.15M
- Exchange
- Nasdaq
- First trading day
- Oct 2, 2025
- First-day close
- $24.000.0%
- Lock-up ends (est.)
- Mar 31, 2026
“We have been approved to list our common stock on the Nasdaq Capital Market (“Nasdaq”) under the symbol “CBK.” The initial public offering price per share of our common stock is $ 24.00 per share.”
Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Oct 2, 2025 | IPO | Initial public offering priced (424B4 prospectus) |
| Oct 1, 2025 | Listing | Registration of securities on an exchange (Form 8-A) |
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