CB Financial Services: Q3 Earnings Snapshot
News > Business News
Audio By Carbonatix
8:26 AM on Thursday, October 28, 2021
The Associated Press
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