What is DA Davidson's Estimate for CBFV Q4 Earnings?

CB Financial Services, Inc. (NASDAQ:CBFV - Free Report) - Research analysts at DA Davidson issued their Q4 2024 earnings per share estimates for shares of CB Financial Services in a note issued to investors on Wednesday, October 30th. DA Davidson analyst M. Navas expects that the bank will earn $0.44 per share for the quarter. DA Davidson currently has a "Neutral" rating and a $27.00 price objective on the stock. The consensus estimate for CB Financial Services' current full-year earnings is $2.19 per share.

A number of other equities research analysts have also recently commented on the stock. StockNews.com initiated coverage on shares of CB Financial Services in a research report on Thursday. They set a "hold" rating for the company. Keefe, Bruyette & Woods reissued a "market perform" rating and issued a $25.00 target price (up from $24.00) on shares of CB Financial Services in a research report on Monday, July 29th.

CB Financial Services Stock Down 0.3 %

CBFV traded down $0.08 on Friday, hitting $28.57. The company had a trading volume of 1,353 shares, compared to its average volume of 3,905. The stock has a market capitalization of $146.85 million, a price-to-earnings ratio of 6.19 and a beta of 0.57. The stock has a fifty day moving average price of $27.77 and a 200-day moving average price of $24.59. CB Financial Services has a 12-month low of $20.75 and a 12-month high of $29.50. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.88 and a current ratio of 0.88.

CB Financial Services (NASDAQ:CBFV - Get Free Report) last issued its quarterly earnings data on Friday, October 25th. The bank reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.04. CB Financial Services had a net margin of 24.51% and a return on equity of 8.39%. The company had revenue of $21.01 million for the quarter, compared to analyst estimates of $12.60 million.

CB Financial Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $1.00 annualized dividend and a dividend yield of 3.50%. CB Financial Services's dividend payout ratio (DPR) is presently 22.47%.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of CBFV. Janney Montgomery Scott LLC increased its holdings in shares of CB Financial Services by 2.3% during the 3rd quarter. Janney Montgomery Scott LLC now owns 364,939 shares of the bank's stock valued at $10,204,000 after purchasing an additional 8,143 shares in the last quarter. Acadian Asset Management LLC raised its position in shares of CB Financial Services by 115.4% in the second quarter. Acadian Asset Management LLC now owns 2,089 shares of the bank's stock worth $46,000 after acquiring an additional 1,119 shares during the period. Commonwealth Equity Services LLC acquired a new stake in shares of CB Financial Services during the 2nd quarter valued at about $393,000. Finally, Empowered Funds LLC increased its stake in shares of CB Financial Services by 7.9% in the 1st quarter. Empowered Funds LLC now owns 28,804 shares of the bank's stock valued at $623,000 after purchasing an additional 2,100 shares in the last quarter. 33.06% of the stock is owned by institutional investors and hedge funds.

About CB Financial Services

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.