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.

In other news, Director David F. Pollock purchased 1,100 shares of the company’s stock in a transaction that occurred on Wednesday, November 7th. The shares were acquired at an average cost of $27.85 per share, with a total value of $30,635.00. Following the purchase, the director now owns 6,691 shares in the company, valued at $186,344.35. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director John J. Lacarte purchased 2,250 shares of the company’s stock in a transaction that occurred on Tuesday, December 18th. The shares were purchased at an average cost of $25.25 per share, for a total transaction of $56,812.50. The disclosure for this purchase can be found here. Insiders bought a total of 5,595 shares of company stock worth $145,259 over the last three months. 10.60% of the stock is owned by company insiders.

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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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Earnings History for CB Financial Services (NASDAQ:CBFV)

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