CB Financial beats Q2 adjusted EPS estimates, raises dividend by 4%

CB Financial Services

22/07/2025 21:20

Overview

CB Financial Services beats analysts' expectations for Q2 adjusted EPS

Adjusted net income exceeds estimates

Co declares 4% increase in quarterly cash dividend

Outlook

CB Financial Services anticipates steady loan demand throughout 2025

Company expects treasury services program operational by late 2025

CB Financial Services aims to reduce reliance on brokered CDs

Company maintains positive outlook for revenue growth by year-end

Result Drivers

COMMERCIAL LOAN GROWTH - Driven by strong production in commercial real estate and industrial loans, funded by increased core deposits

DEPOSIT MIX IMPROVEMENT - Shift towards lower-cost core deposits and reduced reliance on time deposits, aiding in cost of funds reduction

NIM EXPANSION - Net interest margin improved due to lower cost of funds and higher yield on earning assets, aided by strategic balance sheet repositioning

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Adjusted EPS
Beat
$0.74
$0.42 (3 Analysts)
Q2 EPS
$0.74
Q2 Adjusted Net Income
Beat
$3.95 mln
$2.29 mln (3 Analysts)
Q2 Net Income
$3.95 mln
Q2 Loan Loss Provision
-$9.70 mln
Q2 Net Interest Margin
3.5%


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy."

Wall Street's median 12-month price target for CB Financial Services Inc is $31.00, about 8.4% above its July 21 closing price of $28.40

The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 15 three months ago

Press Release: ID:nBw34fgYJa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)