Commercial Bank Rings NASDAQ Bell, Now Publicly-Traded Company; Bank Celebrates 50th Anniversary

Board Members and Executives from Commercial Bank traveled to New York City on Monday, March 23, where Terry Lee, President and CEO, rang the opening bell at Nasdaq MarketSite, marking a significant moment in the company’s history.
The ceremony commemorated two milestones for the Harrogate-based institution: its 50th anniversary and its recent transition to a publicly traded company.
Founded in 1976 with the opening of its first branch in Claiborne County, Commercial Bank now has 35 locations across Tennessee, Kentucky, and North Carolina, including three in Barbourville.
Commercial Bancgroup, Inc., the Bank’s holding company, completed its initial public offering on September 30, 2025, raising $172 million, the largest bank IPO in Tennessee history. Shares began trading on the Nasdaq Capital Market on October 2, 2025, under the ticker symbol “CBK.” This achievement reflects the confidence of the investment community in our strategy, leadership, and future growth opportunities.
“Ringing the Nasdaq opening bell is a tremendous honor and a testament to the dedication of our customers, employees, management, and shareholders,” said Terry Lee, President and CEO.
Commercial Bank is proud to represent what community banking does best - combining local decision-making and relationship banking with the ability to stay competitive in today’s public markets. They have built a reputation for serving the families and businesses in their communities, and are committed to operational excellence, customer success, community impact, and shareholder value. Lee further stated, “We maintain our founder’s vision of delivering superior customer service to every customer, every day. Relationships are what drive us.”
Commercial Bank, a subsidiary of Commercial Bancgroup, Inc. holding company headquartered in Harrogate, Tennessee, is a Tennessee state-chartered bank that offers a suite of traditional consumer and commercial banking products and services to businesses and individuals. Visit cbtn.com for more information. Member FDIC. Equal Housing Lender.