CB Financial Services (NASDAQ:CBFV) Stock Price Crosses Below Fifty Day Moving Average Following Weak Earnings

CB Financial Services, Inc. (NASDAQ:CBFV)’s stock price passed below its 50 day moving average during trading on Tuesday following a weaker than expected earnings announcement. The stock has a 50 day moving average of $35.14 and traded as low as $34.48. CB Financial Services shares last traded at $35.45, with a volume of 2,309 shares.

The bank reported $0.72 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.83 by ($0.11). CB Financial Services had a net margin of 6.09% and a return on equity of 9.61%. The firm had revenue of $14.79 million during the quarter, compared to the consensus estimate of $14.90 million.

CB Financial Services Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 13th will be paid a $0.28 dividend. This represents a $1.12 annualized dividend and a dividend yield of 3.2%. This is a boost from CB Financial Services’s previous quarterly dividend of $0.26. The ex-dividend date is Friday, February 13th. CB Financial Services’s dividend payout ratio is currently 216.67%.

CB Financial Services News Summary

Here are the key news stories impacting CB Financial Services this week:

• Positive Sentiment: Board raised the quarterly dividend to $0.28 (a 7.7% increase from $0.26), implying a roughly 3.2% yield and an upcoming payment on Feb. 27 for holders of record Feb. 13 — a cash-return boost that supports income investors.
• Positive Sentiment: Management move: Amanda L. Engles was promoted to Executive Vice President and Chief Financial Officer, effective Jan. 21, providing continuity after her interim CFO role. This reduces near‑term leadership uncertainty. Business Wire: CFO Promotion
• Neutral Sentiment: Short-interest reports show 0 shares shorted and a 0.0 days-to-cover figure for mid/late January — likely a reporting quirk or immaterial level of shorting; does not appear to be a meaningful near‑term pressure point.
• Neutral Sentiment: Pre‑announcement coverage noted the company was expected to release quarterly results, which have now been posted. Expected Earnings Article
• Negative Sentiment: Q4 earnings missed consensus: EPS $0.72 vs. $0.83 expected and revenue $14.79M vs. $14.90M expected. The miss on EPS (and slightly weaker revenue) is the primary driver of the stock weakness today. Zacks: Earnings Lag Estimates Company Press Release

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on CBFV. Keefe, Bruyette & Woods boosted their price objective on shares of CB Financial Services from $39.00 to $40.00 and gave the company an “outperform” rating in a report on Monday, October 27th. Weiss Ratings reiterated a “hold (c)” rating on shares of CB Financial Services in a research note on Monday, December 29th. Finally, Zacks Research downgraded CB Financial Services from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. One analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, CB Financial Services currently has an average rating of “Hold” and an average target price of $36.00.

Insider Activity

In other CB Financial Services news, EVP Bruce A. Sharp purchased 1,000 shares of the stock in a transaction dated Tuesday, November 18th. The stock was bought at an average price of $32.80 per share, with a total value of $32,800.00. Following the acquisition, the executive vice president owned 1,000 shares of the company’s stock, valued at approximately $32,800. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 9.40% of the company’s stock.

Institutional Trading of CB Financial Services

Several large investors have recently bought and sold shares of CBFV. Police & Firemen s Retirement System of New Jersey acquired a new position in CB Financial Services during the 2nd quarter worth approximately $30,000. BNP Paribas Financial Markets increased its holdings in shares of CB Financial Services by 89.7% during the third quarter. BNP Paribas Financial Markets now owns 1,343 shares of the bank’s stock worth $45,000 after buying an additional 635 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of CB Financial Services by 902.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,457 shares of the bank’s stock valued at $70,000 after acquiring an additional 2,212 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in shares of CB Financial Services in the 2nd quarter valued at $73,000. Finally, Raymond James Financial Inc. bought a new stake in CB Financial Services during the 2nd quarter worth $99,000. 33.06% of the stock is owned by institutional investors and hedge funds.

CB Financial Services Trading Down 2.2%

The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.88 and a current ratio of 0.88. The firm has a market cap of $173.70 million, a price-to-earnings ratio of 72.23 and a beta of 0.32. The business has a fifty day simple moving average of $35.17 and a 200-day simple moving average of $33.34.

About CB Financial Services

CB Financial Services, Inc is a bank holding company headquartered in the Kansas City metropolitan area. Through its subsidiary, Community Bank & Trust, F.S.B., the company provides a comprehensive suite of retail and commercial banking services. Its primary focus is meeting the financial needs of individuals, small businesses and agricultural clients within its regional footprint.

The company’s deposit product lineup includes checking accounts, savings accounts, money market accounts and certificates of deposit.