CB Financial Q3 net income down to $2.7M from $3.9M; EPS $0.52; dividend $0.25

CB Financial Services, Inc.

2023-Q3 EPS reported $1.87

Net income $2.7M vs $3.9M YoY; diluted EPS $0.52 vs $0.77; PPNR (non-GAAP) $3.5M vs $4.9M.
Net interest margin compressed to 3.13% from 3.29%; net interest income $10.7M vs $11.0M.
Total loans grew 5.0% to $1.10B, led by C&I and CRE; consumer loans declined 16.6%.
Board declared $0.25 quarterly dividend, payable Nov 30 to holders of record Nov 15.
Nonperforming loans to total loans improved to 0.30% from 0.55% at Dec 31, 2022.

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.65

CB Financial Services, Inc. reported three and nine months ended September 30, 2023 results: net income $2.7 million, EPS $0.52.

Period: three and nine months ended September 30, 2023
Net income: $2.7 million
EPS: $0.52
Result: reported results

Exact text from the filing

CB Financial Services, Inc. (the "Company") issued a press release announcing its financial results for the three and nine months ended September 30, 2023

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CB Financial Services, Inc. filing history →

Source: SEC EDGAR

accession 0001605301-23-000040

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