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CB Financial Services: Q4 Earnings Snapshot

CARMICHAELS, Pa. (AP) — CARMICHAELS, Pa. (AP) — CB Financial Services Inc. (CBFV) on Tuesday reported net income of $4.7 million in its fourth quarter.

The bank, based in Carmichaels, Pennsylvania, said it had earnings of 89 cents per share. Earnings, adjusted for non-recurring gains, were 72 cents per share.

The holding company for Pennsylvania-based Community Bank posted revenue of $21.7 million in the period. Its revenue net of interest expense was $15.6 million, which beat Street forecasts.

For the year, the company reported profit of $4.9 million, or 92 cents per share. Revenue was reported as $55.4 million.

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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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