CB Financial Services: 3Q Earnings Snapshot

CB Financial Services: 3Q Earnings Snapshot

CARMICHAELS, Pa. (AP) _ CB Financial Services Inc. (CBFV) on Wednesday reported third-quarter profit of $2.3 million.

The Carmichaels, Pennsylvania-based bank said it had earnings of 42 cents per share.

The holding company for Pennsylvania-based Community Bank posted revenue of $13.9 million in the period. Its revenue net of interest expense was $12.3 million, exceeding Street forecasts.

CB Financial Services shares have dropped slightly more than 8 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $27.50, a decrease of 6 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