CB Financial Services (CBFV) Stock

CB Financial Services (CBFV) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $0.52 per share a year ago.

WASHINGTON, Pa.--(BUSINESS WIRE)--CB Financial Services, Inc. (“CB” or the “Company”) (NASDAQGM: CBFV), the holding company of Community Bank (the “Bank”), today announced its third quarter and year-to-date 2024 financial results.   Three Months Ended   Nine Months Ended   9/30/24 6/30/24 3/31/24 12/31/23 9/30/23   9/30/24 9/30/23 (Dollars in thousands, except per share data) (Unaudited)                                 Net Income (GAAP) $ 3,219   $ 2,650 $ 4,196   $ 12,966   $ 2,672   $ 10,065.

CB Financial Services (CBFV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

CB Financial Services (CBFV) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

CB Financial Services (CBFV) came out with quarterly earnings of $0.52 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.54 per share a year ago.

WASHINGTON, Pa.--(BUSINESS WIRE)--CB Financial Services, Inc. (the “Company”) (NASDAQ: CBFV), the holding company for Community Bank, announced today a program to repurchase up to 5% of the Company's outstanding shares of common stock. Based on the Company's closing stock price on July 22, 2024, the program, if fully completed, would encompass 257,095 shares, or approximately $6.0 million of shares currently outstanding. Repurchases will not occur until after the Company issues its earnings rel.

CB Financial Services (CBFV) reported quarterly earnings of $0.62 per share, exceeding the Zacks Consensus Estimate of $0.53 per share. This is lower than the $0.77 per share earnings from the same quarter last year.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

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