CB Financial Services: Q3 Earnings Snapshot

Carbonatix Pre-Player Loader

Audio By Carbonatix

CARMICHAELS, Pa. (AP) _ CB Financial Services Inc. (CBFV) on Thursday reported third-quarter net income of $2 million, after reporting a loss in the same period a year earlier.

The Carmichaels, Pennsylvania-based bank said it had earnings of 37 cents per share. Earnings, adjusted for non-recurring gains, came to 36 cents per share.

The holding company for Pennsylvania-based Community Bank posted revenue of $13 million in the period. Its revenue net of interest expense was $12.2 million, topping Street forecasts.

CB Financial Services shares have risen 20% since the beginning of the year. The stock has climbed 19% in the last 12 months.

_____

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

 

Salem News Channel Today

Sponsored Links

On Air & Up Next

  • Paid Programming
    1:00PM - 2:00PM
     
    Paid programming on Philadelphia's AM 990 The Answer
     
  • This Week on Capitol Hill
     
    An Inside Look into the decision-making of the U.S. House of Representatives.
     
  • Best of Scott Jennings
    3:00PM - 5:00PM
     
    Jennings is battle-tested on cable news, a veteran of four presidential   >>
     
  • The Retirement Income Show
     
    In retirement, it’s all about income. Real money in your bank account, month   >>
     
  • The Larry Elder Show
    6:00PM - 9:00PM
     
    Larry Elder personifies the phrase “We’ve Got a Country to Save” The “Sage from   >>
     

See the Full Program Guide