Business

Is It Time To Review Stock News? CB Financial Services (NASDAQGM:CBFV)

 CB Financial Services (NASDAQGM:CBFV) spotted trading -22.62% off 52-week high price. On the other end, the stock has been noted 10.28% away from the low price over the last 52-weeks. The stock changed 0.60% to recent value of $25.11. The stock transacted 1489 shares during most recent day however it has an average volume of 24K shares. The company has 5.3M of outstanding shares and 4.92M shares were floated in the market.  

 On Aug.21, 2019, CB Financial Services (NASDAQGM:CBFV) the holding company for Community Bank,  released that its Board of Directors has approved a $0.24 quarterly cash dividend per outstanding share of common stock. The dividend will be paid on or about September 16, 2019 to stockholders of record as of the close of business on September 6, 2019.

We are pleased to announce a $0.24 per outstanding share of common stock cash dividend, commented Patrick G. O’Brien, President and Chief Executive Officer. We desire to return additional value to our loyal shareholders given our strong capital position and improving performance.

About CB Financial Services

CB Financial Services is the bank holding company for Community Bank, a Pennsylvania-chartered commercial bank located in Washington, Pennsylvania. Community Bank operates twenty offices in Greene, Allegheny, Washington, Fayette, and Westmoreland Counties in southwestern Pennsylvania, seven offices in Brooke, Marshall, Ohio, Upshur and Wetzel Counties in West Virginia, and one office in Belmont County in Ohio. Community Bank offers a broad array of retail and commercial lending and deposit services and provides commercial and personal insurance brokerage services through Exchange Underwriters, its wholly owned subsidiary.

 Its earnings per share (EPS) expected to touch remained -16.00% for this year while earning per share for the next 5-years is expected to reach at 10.00%. CBFV has a an operating margin of 84.00% while its profit margin remained 21.60% for the last 12 months. 

  The price moved ahead of 1.67% from the mean of 20 days, 2.91% from mean of 50 days SMA and performed 1.93% from mean of 200 days price. Company’s performance for the week was 2.07%, 2.91% for month and YTD performance remained 1.33%.

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