CB Financial Services (CBFV) Posts Earnings Results, Misses Estimates By $0.01 EPS
CB Financial Services (NASDAQ:CBFV) announced its quarterly earnings data on Thursday. The bank reported $0.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.01), Fidelity Earnings reports. The business had revenue of $12.77 million during the quarter, compared to analyst estimates of $12.55 million. CB Financial Services had a net margin of 12.78% and a return on equity of 5.87%.
Shares of NASDAQ:CBFV opened at $24.15 on Friday. The stock has a market capitalization of $131.51 million, a PE ratio of 14.46, a price-to-earnings-growth ratio of 1.10 and a beta of 0.47. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.86 and a current ratio of 0.86. CB Financial Services has a 1 year low of $22.82 and a 1 year high of $36.95.
A number of research analysts have recently issued reports on CBFV shares. TheStreet downgraded CB Financial Services from a “b” rating to a “c+” rating in a research note on Wednesday, October 24th. Zacks Investment Research raised CB Financial Services from a “sell” rating to a “hold” rating in a research note on Wednesday, November 28th. Three analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $34.67.
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CB Financial Services Company Profile
CB Financial Services, Inc operates as the bank holding company for Community Bank that provides various banking products and services for individuals and businesses in southwestern Pennsylvania. The company's deposit products include demand deposits, NOW accounts, money market accounts, savings accounts, and time deposits.
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