CB Financial Services (NASDAQ:CBFV – Get Free Report) released its earnings results on Friday. The bank reported $0.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.04, Zacks reports. 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 for the quarter, compared to analyst estimates of $12.60 million.
CB Financial Services Stock Down 1.3 %
Shares of NASDAQ:CBFV opened at $28.50 on Monday. The business has a fifty day simple moving average of $27.49 and a 200 day simple moving average of $24.44. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.24. The firm has a market cap of $146.55 million, a P/E ratio of 6.48 and a beta of 0.57. CB Financial Services has a 12-month low of $20.75 and a 12-month high of $29.50.
Analysts Set New Price Targets
A number of equities research analysts have recently issued reports on CBFV shares. StockNews.com began coverage on shares of CB Financial Services in a research report on Wednesday, October 23rd. They issued a “hold” rating for the company. Keefe, Bruyette & Woods reiterated a “market perform” rating and issued a $25.00 price target (up previously from $24.00) on shares of CB Financial Services in a research note on Monday, July 29th.
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.
See Also
- Five stocks we like better than CB Financial Services
- Canadian Penny Stocks: Can They Make You Rich?
- MaxLinear: Staging a Turnaround for the AI Broadband Chip Maker
- ESG Stocks, What Investors Should Know
- Top 3 Stocks Institutions Are Buying Right Now
- How to Calculate Stock Profit
- 3 Top Stocks It’s Not Too Late to Buy Today
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.