Somewhat Positive Media Coverage Somewhat Unlikely to Impact CB Financial Services (CBFV) Stock Price
Headlines about CB Financial Services (NASDAQ:CBFV) have trended somewhat positive on Wednesday, according to Accern. The research firm identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. CB Financial Services earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave news coverage about the bank an impact score of 46.2727831132009 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
CB Financial Services (NASDAQ CBFV) traded down 0.73% on Wednesday, reaching $27.30. The company’s stock had a trading volume of 100 shares. The stock has a market cap of $111.60 million, a PE ratio of 15.78 and a beta of 0.34. CB Financial Services has a 12-month low of $22.20 and a 12-month high of $29.40. The company’s 50 day moving average price is $27.56 and its 200-day moving average price is $27.27.
CB Financial Services (NASDAQ:CBFV) last posted its earnings results on Friday, July 28th. The bank reported $0.44 EPS for the quarter, topping the Zacks’ consensus estimate of $0.42 by $0.02. The business had revenue of $9.10 million during the quarter, compared to analyst estimates of $9.27 million. CB Financial Services had a return on equity of 7.85% and a net margin of 18.04%. On average, equities analysts expect that CB Financial Services will post $1.71 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Monday, September 18th. Shareholders of record on Friday, September 8th will be issued a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.20%. The ex-dividend date is Thursday, September 7th. CB Financial Services’s payout ratio is 50.87%.
Several brokerages recently issued reports on CBFV. Zacks Investment Research cut CB Financial Services from a “buy” rating to a “hold” rating in a research report on Thursday, September 7th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $29.00 target price on shares of CB Financial Services in a research report on Thursday, July 27th.
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About CB Financial Services
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.
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