Equities Analysts Offer Predictions for CBFV FY2025 Earnings

CB Financial Services, Inc. (NASDAQ:CBFV) – Equities research analysts at DA Davidson cut their FY2025 earnings per share estimates for CB Financial Services in a report released on Wednesday, October 30th. DA Davidson analyst M. Navas now expects that the bank will post earnings of $1.95 per share for the year, down from their prior estimate of $2.05. DA Davidson 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.

CB Financial Services (NASDAQ:CBFV) last announced its quarterly earnings results on Friday, October 25th. The bank reported $0.55 earnings per share for the quarter, beating analysts’ consensus estimates of $0.51 by $0.04. CB Financial Services had a return on equity of 8.61% and a net margin of 24.64%. The firm had revenue of $21.01 million for the quarter, compared to analysts’ expectations of $12.60 million.

Several other analysts have also weighed in on the stock. StockNews.com started coverage on shares of CB Financial Services in a report on Thursday. They set a “hold” rating for the company. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and set a $25.00 price target (up from $24.00) on shares of CB Financial Services in a report on Monday, July 29th.

CB Financial Services Stock Up 0.2 %

CBFV opened at $28.65 on Thursday. CB Financial Services has a twelve month low of $20.75 and a twelve month high of $29.50. The firm has a market cap of $147.32 million, a price-to-earnings ratio of 6.51 and a beta of 0.57. The firm’s 50-day simple moving average is $27.69 and its 200-day simple moving average is $24.56. 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 Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.49%. The ex-dividend date is Friday, November 15th. CB Financial Services’s dividend payout ratio is presently 22.73%.

Institutional Trading of CB Financial Services

Several hedge funds have recently modified their holdings of CBFV. Commonwealth Equity Services LLC acquired a new position in CB Financial Services during the 2nd quarter worth $393,000. Janney Montgomery Scott LLC lifted its stake in shares of CB Financial Services by 2.3% during the third quarter. Janney Montgomery Scott LLC now owns 364,939 shares of the bank’s stock valued at $10,204,000 after acquiring an additional 8,143 shares during the period. Empowered Funds LLC boosted its holdings in CB Financial Services by 7.9% in the first quarter. Empowered Funds LLC now owns 28,804 shares of the bank’s stock valued at $623,000 after acquiring an additional 2,100 shares during the last quarter. Finally, Acadian Asset Management LLC increased its position in 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 purchasing an additional 1,119 shares during the period. 33.06% of the stock is owned by institutional investors.

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.