CB Financial Services (NASDAQ:CBFV – Get Free Report) announced its quarterly earnings data on Wednesday. The bank reported $0.52 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.52, Zacks reports. CB Financial Services had a return on equity of 8.79% and a net margin of 24.64%. The company had revenue of $19.63 million for the quarter, compared to analysts’ expectations of $12.60 million.
CB Financial Services Stock Down 0.5 %
NASDAQ CBFV traded down $0.12 during midday trading on Friday, hitting $24.88. 230 shares of the company traded hands, compared to its average volume of 3,613. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.89 and a quick ratio of 0.89. The company has a market cap of $127.88 million, a PE ratio of 5.57 and a beta of 0.56. The company’s 50-day simple moving average is $22.66 and its 200-day simple moving average is $22.56. CB Financial Services has a 52 week low of $20.10 and a 52 week high of $27.02.
CB Financial Services Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, August 30th. Shareholders of record on Thursday, August 15th will be given a dividend of $0.25 per share. The ex-dividend date is Thursday, August 15th. This represents a $1.00 annualized dividend and a yield of 4.02%. CB Financial Services’s dividend payout ratio (DPR) is presently 22.73%.
Analysts Set New Price Targets
Read Our Latest Research Report on CB Financial Services
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.
Read More
- Five stocks we like better than CB Financial Services
- Canadian Penny Stocks: Can They Make You Rich?
- 3M Surprises and Rebound Accelerates: It Isn’t Too Late To Get In
- What Investors Need to Know to Beat the Market
- Skechers Stock Shows Strength Among Consumer Discretionary Sector
- Election Stocks: How Elections Affect the Stock Market
- Tech Stocks Tumble, These Stocks Present Buying Opportunity
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.