CB Financial Services (CBFV) Declares $0.25 Quarterly Dividend; 4.7% Yield
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CB Financial Services, Inc. Announces Third Quarter and Year-to-Date 2023 Financial Results and Declares Quarterly Cash Dividend
October 27, 2023 4:15 PM EDTWASHINGTON, Pa.--(BUSINESS WIRE)-- CB Financial Services, Inc. (CB or the Company) (NASDAQGM: CBFV), the holding company of Community Bank (the Bank) and Exchange Underwriters, Inc. (EU), a wholly-owned insurance subsidiary of the Bank, today announced its third quarter and year-to-date 2023 financial results.
2023 Third Quarter Financial Highlights
(Comparisons to three months ended September 30, 2022 unless otherwise noted)
Net income was $2.7 million, compared to $3.9 million. Current period results were negatively impacted by net interest margin (NIM) compression coupled with increases in the provision for... More