CB Financial Services (NASDAQ:CBFV - Get Free Report) posted its quarterly earnings results on Friday. The bank reported $0.55 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.51 by $0.04, Zacks reports. The company had revenue of $21.01 million for the quarter, compared to the consensus estimate of $12.60 million. CB Financial Services had a net margin of 24.64% and a return on equity of 8.61%.
CB Financial Services Stock Performance
CBFV stock traded down $0.02 on Monday, reaching $28.48. 3,686 shares of the company were exchanged, compared to its average volume of 3,911. CB Financial Services has a 12 month low of $20.75 and a 12 month high of $29.50. The stock's fifty day moving average price is $27.49 and its 200 day moving average price is $24.44. The firm has a market capitalization of $146.44 million, a PE ratio of 6.48 and a beta of 0.57. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.88 and a quick ratio of 0.88.
Analysts Set New Price Targets
CBFV has been the subject of several recent analyst reports. Keefe, Bruyette & Woods reiterated a "market perform" rating and issued a $25.00 target price (up from $24.00) on shares of CB Financial Services in a report on Monday, July 29th. StockNews.com started coverage on shares of CB Financial Services in a report on Wednesday, October 23rd. They set a "hold" rating for the company.
Check Out Our Latest Report on CB Financial Services
About CB Financial Services
(
Get Free Report)
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.
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