Q1 Earnings Estimate for CBFV Issued By DA Davidson

CB Financial Services, Inc. (NASDAQ:CBFV) – Research analysts at DA Davidson issued their Q1 2025 earnings estimates for CB Financial Services in a report released on Wednesday, February 5th. DA Davidson analyst M. Navas forecasts that the bank will earn $0.43 per share for the quarter. DA Davidson has a “Neutral” rating and a $27.00 price target on the stock. The consensus estimate for CB Financial Services’ current full-year earnings is $1.89 per share. DA Davidson also issued estimates for CB Financial Services’ FY2025 earnings at $1.80 EPS.

Separately, StockNews.com began coverage on shares of CB Financial Services in a research report on Thursday, December 26th. They set a “hold” rating for the company.

CB Financial Services Stock Performance

Shares of NASDAQ CBFV opened at $31.55 on Thursday. The company’s fifty day moving average price is $29.68 and its 200 day moving average price is $28.10. CB Financial Services has a 1 year low of $20.75 and a 1 year high of $33.72. The company has a market capitalization of $161.66 million, a PE ratio of 13.20 and a beta of 0.60. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.87 and a current ratio of 0.87.

CB Financial Services (NASDAQ:CBFV) last announced its quarterly earnings results on Wednesday, January 29th. The bank reported $0.35 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.12). CB Financial Services had a return on equity of 7.45% and a net margin of 15.43%.

CB Financial Services Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.17%. The ex-dividend date is Friday, February 14th. CB Financial Services’s dividend payout ratio (DPR) is 41.84%.

Insider Activity

In other news, Chairman Mark E. Fox sold 3,538 shares of the stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $31.50, for a total value of $111,447.00. Following the completion of the sale, the chairman now directly owns 11,414 shares in the company, valued at $359,541. This represents a 23.66 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Vice Chairman Charles R. Guthrie sold 3,415 shares of the stock in a transaction dated Friday, December 6th. The shares were sold at an average price of $32.63, for a total transaction of $111,431.45. Following the completion of the sale, the insider now owns 15,194 shares of the company’s stock, valued at $495,780.22. This trade represents a 18.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 7,703 shares of company stock worth $247,995 over the last three months. Insiders own 9.40% of the company’s stock.

Institutional Investors Weigh In On CB Financial Services

A number of hedge funds have recently modified their holdings of CBFV. Janney Montgomery Scott LLC grew its holdings in shares of CB Financial Services by 2.3% in the third quarter. Janney Montgomery Scott LLC now owns 364,939 shares of the bank’s stock valued at $10,204,000 after purchasing an additional 8,143 shares during the period. Empowered Funds LLC grew its holdings in shares of CB Financial Services by 5.2% in the third quarter. Empowered Funds LLC now owns 32,572 shares of the bank’s stock valued at $911,000 after purchasing an additional 1,608 shares during the period. De Lisle Partners LLP grew its holdings in shares of CB Financial Services by 9.1% in the third quarter. De Lisle Partners LLP now owns 29,255 shares of the bank’s stock valued at $823,000 after purchasing an additional 2,429 shares during the period. Fourthstone LLC purchased a new stake in shares of CB Financial Services in the third quarter valued at about $373,000. Finally, Barclays PLC boosted its stake in CB Financial Services by 12.7% during the third quarter. Barclays PLC now owns 8,373 shares of the bank’s stock worth $234,000 after buying an additional 943 shares during the period. Hedge funds and other institutional investors own 33.06% of the company’s stock.

CB Financial Services Company Profile

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.