CB Financial Services, Inc. (NASDAQ:CBFV) will begin trading ex-dividend on December 3, 2020. The quarterly dividend payment of $ 0.24 per share is scheduled to be paid on December 15, 2020. The dividend yield based on the latest trading day closing price was 4.27 percent. Shareholders who purchased CBFV shares prior to the ex-dividend date are eligible for the cash dividend payment.
Dividends History
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CB Financial Services, Inc. recently reported third quarter financial results on November 3, 2020, after market close, the Carmichaels based company unveiled income for the third quarter of $ 0.34 per share, from the revenue of $ 12.59 million. The quarterly earnings declined 50.72 percent while revenues lowered 5.27 percent compared with the same quarter last year.
According to street consensus, CBFV was expected to report 3Q20 income of $ 0.14 per share from revenue of $ 13.17 million. The bottom line results beat street analysts by $ 0.2 or 142.86 percent, at the same time, top line results fell short of analysts by $ 0.58 million or 4.4 percent.
Stock Performance
Shares of CB Financial Services, Inc. traded up $ 0.10 or 0.45 percent on Tuesday, reaching $ 22.49 with volume of 7.90 thousand shares. CB Financial Services, Inc. has traded high as $ 22.88 and has cracked $ 22.32 on the downward trend
According to the previous trading day, closing price of $ 22.49, representing a 37.78 % increase from the 52 week low of $ 16.25 and a 27.66 % decrease over the 52 week high of $ 30.95.
The company has a market capital of $ 121.40 million and is part of the Financial Services sector and Banks – Regional – US industry.
CB Financial Services, Inc. operates as the bank holding company for Community Bank that provides various banking products and services for individuals and businesses southwestern Pennsylvania, West Virginia, and Ohio. The companys primary deposit products include demand deposits, NOW accounts, money market accounts, and savings accounts.
