CB Financial Services, Inc. (NASDAQ:CBFV – Get Rating) was the target of a large decline in short interest in the month of August. As of August 15th, there was short interest totalling 8,200 shares, a decline of 10.9% from the July 31st total of 9,200 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average trading volume of 5,500 shares, the days-to-cover ratio is presently 1.5 days.

CB Financial Services Stock Performance

Shares of CBFV stock opened at $21.80 on Friday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.87 and a current ratio of 0.87. CB Financial Services has a 52-week low of $20.49 and a 52-week high of $26.80. The company has a market capitalization of $111.38 million, a PE ratio of 9.56 and a beta of 0.62. The business's fifty day moving average is $22.66 and its 200 day moving average is $23.17.

CB Financial Services (NASDAQ:CBFV – Get Rating) last issued its quarterly earnings data on Thursday, July 28th. The bank reported $0.05 earnings per share (EPS) for the quarter. CB Financial Services had a return on equity of 6.51% and a net margin of 20.56%. The company had revenue of $12.27 million for the quarter. On average, equities research analysts anticipate that CB Financial Services will post 1.86 EPS for the current fiscal year.

CB Financial Services Dividend Announcement

Analyst Ratings Changes

A number of equities research analysts have issued reports on CBFV shares. TheStreet cut shares of CB Financial Services from a "b" rating to a "c+" rating in a report on Tuesday, May 24th. StockNews.com began coverage on CB Financial Services in a research report on Friday. They issued a "hold" rating on the stock. Finally, DA Davidson reiterated a "neutral" rating on shares of CB Financial Services in a research report on Wednesday, July 27th.

Institutional Investors Weigh In On CB Financial Services

A number of large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in CB Financial Services by 0.3% during the first quarter. Vanguard Group Inc. now owns 185,433 shares of the bank's stock valued at $4,451,000 after purchasing an additional 495 shares in the last quarter. Petiole USA ltd bought a new stake in shares of CB Financial Services in the fourth quarter worth about $4,310,000. The Manufacturers Life Insurance Company grew its stake in shares of CB Financial Services by 1.8% in the first quarter. The Manufacturers Life Insurance Company now owns 157,095 shares of the bank's stock worth $3,700,000 after purchasing an additional 2,742 shares during the last quarter. American Century Companies Inc. grew its stake in shares of CB Financial Services by 28.7% in the first quarter. American Century Companies Inc. now owns 15,928 shares of the bank's stock worth $375,000 after purchasing an additional 3,552 shares during the last quarter. Finally, UMB Bank N A MO purchased a new stake in CB Financial Services in the fourth quarter worth about $298,000. Hedge funds and other institutional investors own 28.86% of the company's stock.

About CB Financial Services

(Get Rating)

CB Financial Services, Inc operates as the bank holding company for Community Bank that provides various banking products and services for individuals and businesses in southwestern Pennsylvania, West Virginia, and Ohio. The company's primary deposit products include demand deposits, NOW accounts, money market accounts, and savings accounts, as well as time deposit products.

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