CB Financial Services: Q2 Earnings Snapshot

Associated Press Finance
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CARMICHAELS, Pa. (AP) — CARMICHAELS, Pa. (AP) — CB Financial Services Inc. (CBFV) on Wednesday reported second-quarter earnings of $2.7 million.

The Carmichaels, Pennsylvania-based bank said it had earnings of 51 cents per share. Earnings, adjusted for non-recurring costs, were 52 cents per share.

The holding company for Pennsylvania-based Community Bank posted revenue of $19.6 million in the period. Its revenue net of interest expense was $12.2 million, which fell short of Street forecasts.

CB Financial Services shares have increased slightly more than 1% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $24.11, an increase of 10% 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