CB Financial Services, Inc. (NASDAQ:CBFV - Free Report) - Analysts at DA Davidson reduced their FY2026 earnings per share estimates for CB Financial Services in a report released on Tuesday, July 1st. DA Davidson analyst M. Navas now expects that the bank will earn $2.40 per share for the year, down from their prior forecast of $2.45. The consensus estimate for CB Financial Services' current full-year earnings is $1.82 per share.
Separately, Wall Street Zen upgraded shares of CB Financial Services from a "sell" rating to a "hold" rating in a report on Wednesday, April 30th.
Check Out Our Latest Stock Analysis on CB Financial Services
CB Financial Services Trading Up 2.3%
CBFV stock traded up $0.66 during mid-day trading on Wednesday, reaching $29.25. The company's stock had a trading volume of 7,823 shares, compared to its average volume of 12,481. 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 company has a market cap of $146.81 million, a price-to-earnings ratio of 15.23 and a beta of 0.29. The business's 50 day moving average price is $28.76 and its 200 day moving average price is $28.66. CB Financial Services has a 12 month low of $20.99 and a 12 month high of $33.72.
CB Financial Services (NASDAQ:CBFV - Get Free Report) last issued its quarterly earnings results on Wednesday, April 23rd. The bank reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.07. The company had revenue of $12.10 million during the quarter, compared to analysts' expectations of $12.69 million. CB Financial Services had a return on equity of 7.00% and a net margin of 12.83%.
CB Financial Services Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, May 30th. Shareholders of record on Friday, May 16th were issued 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 of this dividend was Friday, May 16th. CB Financial Services's dividend payout ratio is currently 52.08%.
Insider Activity at CB Financial Services
In related news, Director John Swiatek bought 1,200 shares of the business's stock in a transaction that occurred on Wednesday, May 28th. The shares were bought at an average price of $28.80 per share, with a total value of $34,560.00. Following the completion of the transaction, the director directly owned 7,534 shares in the company, valued at approximately $216,979.20. This represents a 18.95% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 9.70% of the stock is currently owned by company insiders.
Institutional Trading of CB Financial Services
Several institutional investors have recently made changes to their positions in CBFV. M3F Inc. lifted its holdings in CB Financial Services by 204.3% during the first quarter. M3F Inc. now owns 97,549 shares of the bank's stock valued at $2,775,000 after purchasing an additional 65,494 shares during the last quarter. Empowered Funds LLC raised its position in CB Financial Services by 2.5% during the first 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. Goldman Sachs Group Inc. lifted its stake in CB Financial Services by 108.0% during the first quarter. Goldman Sachs Group Inc. now owns 22,538 shares of the bank's stock worth $641,000 after purchasing an additional 11,704 shares during the last quarter. Jane Street Group LLC purchased a new position in shares of CB Financial Services in the 1st quarter worth about $537,000. Finally, Dimensional Fund Advisors LP increased its position in shares of CB Financial Services by 5.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 17,822 shares of the bank's stock valued at $509,000 after purchasing an additional 967 shares during the last quarter. Institutional investors own 33.06% of the company's stock.
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.
Read More
Before you consider CB Financial Services, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and CB Financial Services wasn't on the list.
While CB Financial Services currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Today, we are inviting you to take a free peek at our proprietary, exclusive, and up-to-the-minute list of 20 stocks that Wall Street's top analysts hate.
Many of these appear to have good fundamentals and might seem like okay investments, but something is wrong. Analysts smell something seriously rotten about these companies. These are true "Strong Sell" stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
