CB Financial Services, Inc. Announces Second Quarter and Year-to-Date 2019 Financial Results
CB Financial Services, Inc. (CBFV)
US:NASDAQ Investor Relations:
communitybank.tv/investor-relations.htm
Company Research
Source: GlobeNewswire
WASHINGTON, Pa., July 29, 2019 (GLOBE NEWSWIRE) -- CB Financial Services, Inc. (“CB” or the “Company”) (NASDAQGM: CBFV), the holding company of Community Bank (the “Bank”) and Exchange Underwriters, Inc., a wholly-owned insurance subsidiary of the Bank, today announced its second quarter and year-to-date 2019 financial results. Second Quarter 2019 Highlights Net income for the three months ended June 30, 2019 was $3.0 million, compared to $970,000 for the three months ended June 30, 2018, an increase of $2.0 million, or 207.1%.Total loans grew $27.1 million since March 31, 2019, at an annualized net loan growth rate of approximately 12.0%. The loan growth was mainly driven by net loan originations of $14.1 million for commercial real estate, $10.2 million for commercial and industrial and $4.5 million for residential real estate loans.Return on Average Assets (“ROA”) (annualized) for the three months ended June 30, 2019, was 0.91%, an increase of 57 basis points, as compared
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News
- First Federal Savings Bank and Gibco Motor Express Complete Hurricane Relief Drive [Yahoo! Finance]Yahoo! Finance
- CB Financial Services, Inc. (NASDAQ: CBFV) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- CB Financial Services, Inc. (NASDAQ:CBFV) Looks Interesting, And It's About To Pay A Dividend [Yahoo! Finance]Yahoo! Finance
- CB Financial Services, Inc. (NASDAQ: CBFV) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- CB Financial Services, Inc. (NASDAQ: CBFV) had its price target raised by analysts at DA Davidson from $25.00 to $27.00. They now have a "neutral" rating on the stock.MarketBeat
CBFV
Sec Filings
- 11/15/24 - Form SCHEDULE
- 11/8/24 - Form 10-Q
- 10/25/24 - Form 8-K
- CBFV's page on the SEC website