CARMICHAELS, Pa. (AP) — CARMICHAELS, Pa. (AP) — CB Financial Services Inc. (CBFV) on Friday reported first-quarter net income of $4.2 million.
The Carmichaels, Pennsylvania-based bank said it had earnings of 82 cents per share. Earnings, adjusted for non-recurring gains, were 62 cents per share.
The holding company for Pennsylvania-based Community Bank posted revenue of $19.9 million in the period. Its revenue net of interest expense was $13.5 million, topping Street forecasts.
CB Financial Services shares have dropped 5% since the beginning of the year. In the final minutes of trading on Friday, shares hit $22.63, a climb of 5% 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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