CB Financial Services, Inc. (NASDAQ:CBFV) to Issue Quarterly Dividend of $0.28

CB Financial Services, Inc. (NASDAQ:CBFV) declared a quarterly dividend on Wednesday, April 22nd. Stockholders of record on Friday, May 15th will be paid a dividend of 0.28 per share by the bank on Friday, May 29th. This represents a c) annualized dividend and a dividend yield of 3.2%. The ex-dividend date is Friday, May 15th.

CB Financial Services has increased its dividend payment by an average of 0.0%per year over the last three years. CB Financial Services has a dividend payout ratio of 50.5% meaning its dividend is sufficiently covered by earnings. Equities analysts expect CB Financial Services to earn $3.42 per share next year, which means the company should continue to be able to cover its $1.12 annual dividend with an expected future payout ratio of 32.7%.

CB Financial Services Price Performance

CB Financial Services stock opened at $35.00 on Thursday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.87 and a current ratio of 0.87. CB Financial Services has a 52 week low of $27.11 and a 52 week high of $37.75. The stock has a market capitalization of $177.52 million, a P/E ratio of 38.46 and a beta of 0.27. The stock has a fifty day moving average of $34.84 and a 200-day moving average of $34.61.

CB Financial Services (NASDAQ:CBFV) last released its quarterly earnings data on Thursday, April 23rd. The bank reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.71 by $0.01. The business had revenue of $14.82 million for the quarter, compared to analyst estimates of $15.50 million. CB Financial Services had a return on equity of 9.49% and a net margin of 6.09%. On average, sell-side analysts expect that CB Financial Services will post 3.07 earnings per share for the current fiscal year.

CB Financial Services Company Profile

CB Financial Services, Inc is a bank holding company headquartered in the Kansas City metropolitan area. Through its subsidiary, Community Bank & Trust, F.S.B., the company provides a comprehensive suite of retail and commercial banking services. Its primary focus is meeting the financial needs of individuals, small businesses and agricultural clients within its regional footprint.

The company’s deposit product lineup includes checking accounts, savings accounts, money market accounts and certificates of deposit.