Commercial Bancgroup, Inc. (Ticker: CBK US) is a U.S. bank holding company whose flagship, Community Bank, operates 34 offices across Tennessee, Kentucky and North Carolina. Commercial Bancgroup plans to list on Nasdaq on October 2, 2025, in its IPO, offering approximately 3.74 million shares at $25.75–$27.75 per share, raising up to about $104 million. At the top of the range, a listing would value the company at roughly $366 million. The company is offering 934,579 shares, while selling shareholders are offering about 2.80 million shares; Hovde Group is the manager. Net proceeds to Commercial Bancgroup are expected to be about $21.3 million (midpoint), which it plans to use to repay its Community Trust Loan agreement and redeem outstanding subordinated debentures and related trust preferred securities; any remainder will fund general corporate purposes. The bank reported total assets of $2.63 billion as of June 30, 2025.