CB Financial Services, Inc. (NASDAQ:CBFV) – Investment analysts at DA Davidson lifted their Q4 2018 earnings per share estimates for shares of CB Financial Services in a research note issued to investors on Wednesday. DA Davidson analyst R. Gunther now expects that the bank will earn $0.56 per share for the quarter, up from their prior estimate of $0.54. DA Davidson also issued estimates for CB Financial Services’ Q1 2019 earnings at $0.57 EPS, Q2 2019 earnings at $0.59 EPS and Q3 2019 earnings at $0.59 EPS.

A number of other research firms have also commented on CBFV. Keefe, Bruyette & Woods restated a “hold” rating and set a $30.00 price target on shares of CB Financial Services in a research report on Wednesday, November 1st. Zacks Investment Research upgraded shares of CB Financial Services from a “hold” rating to a “buy” rating and set a $31.00 price target for the company in a research report on Thursday, August 3rd.

CB Financial Services (NASDAQ CBFV) traded up $0.25 during trading on Thursday, reaching $30.75. 268 shares of the company were exchanged, compared to its average volume of 3,373. CB Financial Services has a fifty-two week low of $24.20 and a fifty-two week high of $31.10. The stock has a market cap of $124.68, a price-to-earnings ratio of 16.49, a price-to-earnings-growth ratio of 1.67 and a beta of 0.36. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.94 and a quick ratio of 0.94.

The business also recently announced a quarterly dividend, which will be paid on Monday, December 18th. Investors of record on Friday, December 8th will be given a $0.22 dividend. The ex-dividend date is Thursday, December 7th. This represents a $0.88 annualized dividend and a yield of 2.86%. CB Financial Services’s dividend payout ratio (DPR) is presently 47.57%.

Large investors have recently made changes to their positions in the stock. LSV Asset Management lifted its stake in CB Financial Services by 36.9% in the second quarter. LSV Asset Management now owns 4,200 shares of the bank’s stock worth $109,000 after purchasing an additional 1,132 shares during the last quarter. First National Trust Co. lifted its stake in CB Financial Services by 13.7% in the second quarter. First National Trust Co. now owns 15,515 shares of the bank’s stock worth $403,000 after purchasing an additional 1,865 shares during the last quarter. Janney Capital Management LLC lifted its stake in CB Financial Services by 33.5% in the third quarter. Janney Capital Management LLC now owns 21,933 shares of the bank’s stock worth $637,000 after purchasing an additional 5,500 shares during the last quarter. Banc Funds Co. LLC lifted its stake in CB Financial Services by 66.3% in the second quarter. Banc Funds Co. LLC now owns 60,536 shares of the bank’s stock worth $1,571,000 after purchasing an additional 24,135 shares during the last quarter. Finally, Vanguard Group Inc. lifted its stake in CB Financial Services by 1.6% in the second quarter. Vanguard Group Inc. now owns 63,052 shares of the bank’s stock worth $1,645,000 after purchasing an additional 1,021 shares during the last quarter. Institutional investors own 21.04% of the company’s stock.

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CB Financial Services Company Profile

CB Financial Services, Inc is the bank holding company for Community Bank (the Bank). The Company operates in community banking segment. The Bank offers residential and commercial real estate loans, commercial and industrial loans, and consumer loans, as well as a range of deposit products for individuals and businesses in its market area.

Earnings History and Estimates for CB Financial Services (NASDAQ:CBFV)

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