CB Financial Services (CBFV) Stock Jumps 5.4%: Will It Continue to Soar? [Yahoo! Finance]
CB Financial Services, Inc. (CBFV)
US:NASDAQ Investor Relations:
communitybank.tv/investor-relations.htm
Company Research
Source: Yahoo! Finance
This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 13% gain over the past four weeks. Shares of CBFV rallied for the second straight trading session and touched a new 52-week high of $29.39 on Friday. The recent 50 basis points interest rate cut by the Federal Reserve led to an increased optimism among investors towards banks. As rates go down, loan demand is expected to improve alongside lower deposit cost pressures. These indicate enhanced prospects for profitability in the near term. This drove the CBFV stock higher. This holding company for Pennsylvania-based Community Bank is expected to post quarterly earnings of $0.52 per share in its upcoming report, which represents no change from the year-ago quarter. Revenues are expected to be $12.6 million, down 4% from the year-ago quarter. While earnings and revenue growth expectations are important in evaluating the potential strength
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CBFV
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