CB Financial Services, Inc. (NASDAQ:CBFV – Free Report) – Stock analysts at DA Davidson reduced their FY2025 EPS estimates for shares of CB Financial Services in a research report issued on Wednesday, October 30th. DA Davidson analyst M. Navas now expects that the bank will post earnings of $1.95 per share for the year, down from their previous estimate of $2.05. DA Davidson currently has a “Neutral” rating and a $27.00 price objective on the stock. The consensus estimate for CB Financial Services’ current full-year earnings is $2.19 per share.
CB Financial Services (NASDAQ:CBFV – Get Free Report) last released its quarterly earnings data on Friday, October 25th. The bank reported $0.55 EPS for the quarter, beating analysts’ consensus estimates of $0.51 by $0.04. CB Financial Services had a return on equity of 8.61% and a net margin of 24.64%. The business had revenue of $21.01 million during the quarter, compared to the consensus estimate of $12.60 million.
Get Our Latest Stock Analysis on CB Financial Services
CB Financial Services Stock Performance
Shares of CBFV stock opened at $28.65 on Thursday. The stock has a market cap of $147.32 million, a PE ratio of 6.51 and a beta of 0.57. The stock has a 50-day moving average of $27.69 and a 200-day moving average of $24.56. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.88 and a quick ratio of 0.88. CB Financial Services has a one year low of $20.75 and a one year high of $29.50.
CB Financial Services Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be given a dividend of $0.25 per share. The ex-dividend date is Friday, November 15th. This represents a $1.00 annualized dividend and a yield of 3.49%. CB Financial Services’s dividend payout ratio (DPR) is presently 22.73%.
Hedge Funds Weigh In On CB Financial Services
Several hedge funds have recently modified their holdings of CBFV. Commonwealth Equity Services LLC bought a new stake in CB Financial Services during the second quarter worth about $393,000. Empowered Funds LLC grew its holdings in CB Financial Services by 7.9% in the 1st quarter. Empowered Funds LLC now owns 28,804 shares of the bank’s stock valued at $623,000 after buying an additional 2,100 shares in the last quarter. Acadian Asset Management LLC increased its position in CB Financial Services by 115.4% during the 2nd quarter. Acadian Asset Management LLC now owns 2,089 shares of the bank’s stock worth $46,000 after buying an additional 1,119 shares during the period. Finally, Janney Montgomery Scott LLC lifted its holdings in shares of CB Financial Services by 2.3% during the third quarter. Janney Montgomery Scott LLC now owns 364,939 shares of the bank’s stock worth $10,204,000 after buying an additional 8,143 shares in the last quarter. Institutional investors own 33.06% of the company’s stock.
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, West Virginia, and Ohio. The company's primary deposit products include demand deposits, NOW accounts, money market accounts, and savings accounts, as well as time deposit products.
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