CARMICHAELS, Pa. (AP) — CARMICHAELS, Pa. (AP) — CB Financial Services Inc. (CBFV) on Wednesday reported first-quarter earnings of $1.9 million.
The bank, based in Carmichaels, Pennsylvania, said it had earnings of 35 cents per share. Earnings, adjusted for non-recurring costs, were 50 cents per share.
The holding company for Pennsylvania-based Community Bank posted revenue of $18.6 million in the period. Its revenue net of interest expense was $12.1 million, which did not meet Street forecasts.
CB Financial Services shares have climbed 3% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $29.49, a rise of 37% 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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