DA Davidson Has Bearish Outlook for CBFV FY2026 Earnings

CB Financial Services, Inc. (NASDAQ:CBFV - Free Report) - Stock analysts at DA Davidson cut their FY2026 earnings estimates for shares of CB Financial Services in a report released on Tuesday, July 1st. DA Davidson analyst M. Navas now forecasts that the bank will post earnings of $2.40 per share for the year, down from their previous forecast of $2.45. The consensus estimate for CB Financial Services' current full-year earnings is $1.82 per share.

Separately, Wall Street Zen raised CB Financial Services from a "sell" rating to a "hold" rating in a report on Wednesday, April 30th.

CB Financial Services Stock Performance

Shares of NASDAQ:CBFV traded up $0.66 during trading on Wednesday, reaching $29.25. 7,823 shares of the stock were exchanged, compared to its average volume of 12,481. CB Financial Services has a 12 month low of $20.99 and a 12 month high of $33.72. The stock has a 50-day moving average price of $28.77 and a 200-day moving average price of $28.64. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.23. The firm has a market cap of $146.90 million, a PE ratio of 15.23 and a beta of 0.29.

CB Financial Services (NASDAQ:CBFV - Get Free Report) last released its quarterly earnings data on Wednesday, April 23rd. The bank reported $0.50 EPS for the quarter, beating the consensus estimate of $0.43 by $0.07. The firm had revenue of $12.10 million for the quarter, compared to the consensus estimate of $12.69 million. CB Financial Services had a net margin of 12.83% and a return on equity of 7.00%.

CB Financial Services Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 30th. Investors of record on Friday, May 16th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 3.42%. The ex-dividend date was Friday, May 16th. CB Financial Services's dividend payout ratio is 52.08%.

Insider Buying and Selling at CB Financial Services

In related news, Director John Swiatek bought 1,200 shares of CB Financial Services stock in a transaction dated Wednesday, May 28th. The shares were bought at an average cost of $28.80 per share, with a total value of $34,560.00. Following the acquisition, the director owned 7,534 shares in the company, valued at $216,979.20. This trade represents a 18.95% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Insiders own 9.70% of the company's stock.

Hedge Funds Weigh In On CB Financial Services

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Empowered Funds LLC boosted its stake in shares of CB Financial Services by 2.5% in the 1st quarter. Empowered Funds LLC now owns 34,000 shares of the bank's stock valued at $967,000 after purchasing an additional 828 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in CB Financial Services by 11.8% in the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 8,467 shares of the bank's stock valued at $241,000 after acquiring an additional 892 shares during the last quarter. Acadian Asset Management LLC increased its position in shares of CB Financial Services by 30.3% during the first quarter. Acadian Asset Management LLC now owns 4,158 shares of the bank's stock worth $115,000 after buying an additional 966 shares during the period. Dimensional Fund Advisors LP grew its holdings in CB Financial Services by 5.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 17,822 shares of the bank's stock worth $509,000 after acquiring an additional 967 shares during the period. Finally, Bank of America Corp DE lifted its stake in CB Financial Services by 1,093.4% in the fourth quarter. Bank of America Corp DE now owns 3,807 shares of the bank's stock valued at $109,000 after buying an additional 3,488 shares during the period. 33.06% of the stock is currently 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.