CB Financial Services: 4Q Earnings Snapshot
CARMICHAELS, Pa. (AP) _ CB Financial Services Inc. (CBFV) on Thursday reported fourth-quarter profit of $2.4 million.
The bank, based in Carmichaels, Pennsylvania, said it had earnings of 45 cents per share.
The holding company for Pennsylvania-based Community Bank posted revenue of $14.5 million in the period. Its revenue net of interest expense was $12.8 million, topping Street forecasts.
For the year, the company reported profit of $7.1 million, or $1.40 per share. Revenue was reported as $46 million.
CB Financial Services shares have fallen 2.5 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $24.15, a decrease of 22 percent in the last 12 months.