CB Financial Services, Inc. (NASDAQ:CBFV) – Equities researchers at DA Davidson lowered their Q4 2017 earnings per share estimates for CB Financial Services in a research report issued on Monday. DA Davidson analyst R. Gunther now anticipates that the bank will post earnings of $0.48 per share for the quarter, down from their prior estimate of $0.50. DA Davidson also issued estimates for CB Financial Services’ Q1 2018 earnings at $0.47 EPS and Q3 2018 earnings at $0.47 EPS.

Separately, Zacks Investment Research raised shares of CB Financial Services from a “hold” rating to a “buy” rating and set a $32.00 price objective on the stock in a research note on Tuesday, August 22nd.

WARNING: “Q4 2017 EPS Estimates for CB Financial Services, Inc. Cut by Analyst (CBFV)” was first posted by American Banking News and is owned by of American Banking News. If you are viewing this article on another publication, it was illegally stolen and republished in violation of US and international copyright and trademark laws. The original version of this article can be viewed at https://www.americanbankingnews.com/2017/11/02/q4-2017-eps-estimates-for-cb-financial-services-inc-cut-by-analyst-cbfv.html.

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Janney Montgomery Scott LLC lifted its stake in shares of CB Financial Services by 34.9% during the second quarter. Janney Montgomery Scott LLC now owns 148,106 shares of the bank’s stock valued at $3,843,000 after buying an additional 38,303 shares during the period. Kennedy Capital Management Inc. lifted its stake in shares of CB Financial Services by 151.8% during the second quarter. Kennedy Capital Management Inc. now owns 64,383 shares of the bank’s stock valued at $1,671,000 after buying an additional 38,810 shares during the period. Vanguard Group Inc. lifted its stake in shares of CB Financial Services by 1.6% during the second quarter. Vanguard Group Inc. now owns 63,052 shares of the bank’s stock valued at $1,645,000 after buying an additional 1,021 shares during the period. Banc Funds Co. LLC lifted its stake in shares of CB Financial Services by 66.3% during the second quarter. Banc Funds Co. LLC now owns 60,536 shares of the bank’s stock valued at $1,571,000 after buying an additional 24,135 shares during the period. Finally, First National Trust Co. lifted its stake in shares of CB Financial Services by 13.7% during the second quarter. First National Trust Co. now owns 15,515 shares of the bank’s stock valued at $403,000 after buying an additional 1,865 shares during the period. 19.95% of the stock is currently owned by institutional investors and hedge funds.

About CB Financial Services

CB Financial Services, Inc is the bank holding company for Community Bank (the Bank). The Company operates in community banking segment. The Bank offers residential and commercial real estate loans, commercial and industrial loans, and consumer loans, as well as a range of deposit products for individuals and businesses in its market area.

Earnings History and Estimates for CB Financial Services (NASDAQ:CBFV)

Receive News & Ratings for CB Financial Services Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CB Financial Services Inc. and related companies with MarketBeat.com's FREE daily email newsletter.