AP NEWS

CB Financial Services: 4Q Earnings Snapshot

January 31, 2019

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.

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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

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