Brokers Issue Forecasts for CB Financial Services, Inc.’s FY2025 Earnings (NASDAQ:CBFV)

CB Financial Services, Inc. (NASDAQ:CBFV) – Equities research analysts at DA Davidson increased their FY2025 earnings estimates for CB Financial Services in a research report issued to clients and investors on Thursday, August 8th. DA Davidson analyst M. Navas now anticipates that the bank will earn $2.15 per share for the year, up from their previous forecast of $2.10. The consensus estimate for CB Financial Services’ current full-year earnings is $2.22 per share.

CB Financial Services (NASDAQ:CBFV) last posted its quarterly earnings data on Wednesday, July 24th. The bank reported $0.52 EPS for the quarter, hitting analysts’ consensus estimates of $0.52. CB Financial Services had a return on equity of 8.79% and a net margin of 24.64%. The company had revenue of $19.63 million for the quarter, compared to the consensus estimate of $12.60 million.

Several other equities research analysts have also weighed in on the company. Keefe, Bruyette & Woods reissued a “market perform” rating and set a $25.00 price objective (up from $24.00) on shares of CB Financial Services in a research note on Monday, July 29th. StockNews.com began coverage on CB Financial Services in a research note on Monday. They issued a “hold” rating for the company.

CB Financial Services Stock Performance

Shares of CBFV opened at $24.44 on Monday. The stock has a market capitalization of $125.67 million, a P/E ratio of 5.55 and a beta of 0.56. CB Financial Services has a 12-month low of $20.10 and a 12-month high of $27.02. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.89 and a quick ratio of 0.89. The firm’s 50 day moving average is $23.13 and its 200-day moving average is $22.51.

CB Financial Services Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 30th. Shareholders of record on Thursday, August 15th will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 4.09%. The ex-dividend date of this dividend is Thursday, August 15th. CB Financial Services’s dividend payout ratio (DPR) is presently 22.73%.

Institutional Investors Weigh In On CB Financial Services

A number of large investors have recently bought and sold shares of CBFV. Acadian Asset Management LLC boosted its position in CB Financial Services by 115.4% during 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. Commonwealth Equity Services LLC acquired a new stake in shares of CB Financial Services in the second quarter worth $393,000. Empowered Funds LLC increased its holdings in shares of CB Financial Services by 7.9% during the 1st quarter. Empowered Funds LLC now owns 28,804 shares of the bank’s stock worth $623,000 after purchasing an additional 2,100 shares during the period. Finally, Janney Montgomery Scott LLC increased its stake in CB Financial Services by 1.1% during the fourth quarter. Janney Montgomery Scott LLC now owns 326,985 shares of the bank’s stock valued at $7,786,000 after acquiring an additional 3,604 shares during the period. 33.06% of the stock is currently 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.