CB Financial Services: Q1 Earnings Snapshot
CARMICHAELS, Pa. (AP) — CARMICHAELS, Pa. (AP) — CB Financial Services Inc. (CBFV) on Friday reported first-quarter profit of $4.2 million.
The Carmichaels, Pennsylvania-based bank said it had earnings of 79 cents per share. Earnings, adjusted for non-recurring gains, came to 77 cents per share.
The holding company for Pennsylvania-based Community Bank posted revenue of $17.1 million in the period. Its revenue net of interest expense was $14.4 million, which topped Street forecasts.
CB Financial Services shares have increased almost 2% since the beginning of the year. In the final minutes of trading on Friday, shares hit $21.77, a fall of 10% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CBFV at https://www.zacks.com/ap/CBFV
