CB Financial Services (CBFV) Scheduled to Post Earnings on Monday

CB Financial Services (NASDAQ:CBFV) is scheduled to release its earnings data on Monday, January 29th. Analysts expect CB Financial Services to post earnings of $0.45 per share for the quarter.

CB Financial Services (NASDAQ:CBFV) last announced its quarterly earnings results on Friday, October 27th. The bank reported $0.50 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.41 by $0.09. CB Financial Services had a net margin of 19.02% and a return on equity of 8.32%. On average, analysts expect CB Financial Services to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of CB Financial Services (NASDAQ CBFV) opened at $31.00 on Monday. CB Financial Services has a one year low of $25.10 and a one year high of $31.80. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.94 and a current ratio of 0.94. The company has a market cap of $126.73, a price-to-earnings ratio of 16.76, a P/E/G ratio of 1.68 and a beta of 0.35.

A number of research analysts have commented on CBFV shares. Zacks Investment Research upgraded 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, September 26th. Keefe, Bruyette & Woods restated a “hold” rating and issued a $30.00 price objective on shares of CB Financial Services in a research note on Wednesday, November 1st.

A hedge fund recently raised its stake in CB Financial Services stock. Vanguard Group Inc. raised its holdings in CB Financial Services Inc (NASDAQ:CBFV) by 1.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 63,052 shares of the bank’s stock after purchasing an additional 1,021 shares during the quarter. Vanguard Group Inc. owned about 1.54% of CB Financial Services worth $1,645,000 as of its most recent filing with the SEC. 21.30% of the stock is owned by institutional investors and hedge funds.

TRADEMARK VIOLATION WARNING: This piece was reported by American Banking News and is the sole property of of American Banking News. If you are accessing this piece on another domain, it was stolen and reposted in violation of US and international copyright and trademark law. The original version of this piece can be accessed at https://www.americanbankingnews.com/2018/01/22/cb-financial-services-cbfv-scheduled-to-post-earnings-on-monday.html.

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 for CB Financial Services (NASDAQ:CBFV)

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

Leave a Reply