CB Financial Services
CBFV

$26.75

0.75%

Market Cap: $138M

About: CB Financial Services Inc operates as a bank holding company. The company conducts its operations through its wholly-owned subsidiary, Community Bank, a Pennsylvania-chartered commercial bank. The Bank offers products and services related to 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. It operates in two operating units namely Community Banking and Insurance brokerage service segment. The bank generates its revenue in the form of interest.

Employees: 162

Financials State Commercial Banks

0

Funds holding %

of 6,686 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

11% more capital invested

Capital invested by funds: $39M [Q1] → $43.4M (+$4.42M) [Q2]

5% more funds holding

Funds holding: 39 [Q1] → 41 (+2) [Q2]

2.2% more ownership

Funds ownership: 35.09% [Q1] → 37.29% (+2.2%) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

8% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 12

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Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target

$25

7%

downside

Avg. target

$25

7%

downside

High target

$25

7%

downside

1 analyst rating

0 positive

0%

1 neutral

100%

0 negative

0%

Keefe, Bruyette & Woods

Timothy Switzer

82% 1-year accuracy

9 / 11 met price target

7%downside

$25

Market Perform

Reiterated

29 Jul 2024

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Financial journalist opinion

Zacks Investment Research

CB Financial Services (CBFV) Matches Q2 Earnings Estimates

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.

CB Financial Services (CBFV) Matches Q2 Earnings Estimates

CB Financial Services, Inc. Authorizes New Stock Repurchase Program of up to 5% of Outstanding Common Stock

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, Inc. Authorizes New Stock Repurchase Program of up to 5% of Outstanding Common Stock

Zacks Investment Research

CB Financial Services (CBFV) Q1 Earnings and Revenues Top Estimates

CB Financial Services (CBFV) came out with quarterly earnings of $0.62 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.77 per share a year ago.

CB Financial Services (CBFV) Q1 Earnings and Revenues Top Estimates

CB Financial Services, Inc. Announces First Quarter 2024 Financial Results and Declares Quarterly Cash Dividend

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 first quarter 2024 financial results. Three Months Ended 3/31/24 12/31/23 9/30/23 6/30/23 3/31/23 (Dollars in thousands, except per share data) (Unaudited) Net Income (GAAP) $ 4,196 $ 12,966 $ 2,672 $ 2,757 $ 4,156 Net Income Adjustments (1,000 ) (9,905 ) 29 78 (127 ) Adjusted Net I.

CB Financial Services, Inc. Announces First Quarter 2024 Financial Results and Declares Quarterly Cash Dividend

CB Financial Services, Inc. Announces Annual Meeting Date

WASHINGTON, Pa.--(BUSINESS WIRE)--CB Financial Services, Inc. (NASDAQGM: CBFV), the holding company of Community Bank, today announced that the annual meeting of stockholders will be held on Wednesday, May 15, 2024 at 9:00 a.m. EDT at the Ralph J. Sommers, Jr. Operations Center located at 600 EverGreene Dr. in Waynesburg, Pennsylvania. About CB Financial Services, Inc CB Financial Services, Inc. is the bank holding company for Community Bank, a Pennsylvania-chartered commercial bank. Community.

CB Financial Services, Inc. Announces Annual Meeting Date

CB Financial Services, Inc. Announces Fourth Quarter and Full Year 2023 Financial Results and Declares Quarterly Cash Dividend

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 fourth quarter and 2023 financial results. Three Months Ended Year Ended 12/31/23 9/30/23 6/30/23 3/31/23 12/31/22 12/31/23 12/31/22 (Dollars in thousands, except per share data) (Unaudited) Net Income (GAAP) $ 12,966 $ 2,672 $ 2,757 $ 4,156 $ 4,152 $ 22,550 $ 11,247 N.

CB Financial Services, Inc. Announces Fourth Quarter and Full Year 2023 Financial Results and Declares Quarterly Cash Dividend

Zacks Investment Research

Should Value Investors Buy CB Financial Services (CBFV) Stock?

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.

Should Value Investors Buy CB Financial Services (CBFV) Stock?

CB Financial Services, Inc. Repositions Balance Sheet

WASHINGTON, Pa.--(BUSINESS WIRE)--CB Financial Services, Inc. (“CB” or the “Company”) (NASDAQGM: CBFV), the holding company of Community Bank (the “Bank”), implemented a balance sheet repositioning strategy of its portfolio of available-for-sale investment securities. The Bank sold $79.4 million in book value of its lower-yielding investment securities, with an average yield of 1.89%, for an estimated after-tax realized loss of $8.0 million. Investment securities sold included $49.0 million of.

CB Financial Services, Inc. Repositions Balance Sheet

CB Financial Services, Inc. Completes Sale of Insurance Agency Subsidiary

WASHINGTON, Pa.--(BUSINESS WIRE)--CB Financial Services, Inc. (“CB”) (NASDAQGM: CBFV), the holding company of Community Bank (the “Bank”), and Exchange Underwriters, Inc. (“Exchange Underwriters”), the full-service independent insurance agency subsidiary of the Bank, announced today the completion of the sale of substantially all of the assets of Exchange Underwriters pursuant to the Asset Purchase Agreement with World Insurance Associates, LLC (“World”) for a $30.5 million cash purchase price.

CB Financial Services, Inc. Completes Sale of Insurance Agency Subsidiary

CB Financial Services, Inc. Agrees to Sell Insurance Agency Subsidiary

WASHINGTON, Pa.--(BUSINESS WIRE)--CB Financial Services, Inc. (“CB” or the “Company”) (NASDAQGM: CBFV), the holding company of Community Bank (the “Bank”) and Exchange Underwriters, Inc. (“Exchange Underwriters”), the full-service independent insurance agency subsidiary of the Bank announced today that the Bank and Exchange Underwriters have entered into an Asset Purchase Agreement (the “Purchase Agreement”) with World Insurance Associates, LLC (“World”) for a $30.5 million cash purchase price.

CB Financial Services, Inc. Agrees to Sell Insurance Agency Subsidiary

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