earnings
confidence high
sentiment negative
materiality 0.55
CB Financial Services Q1 2024 net income flat YoY; adjusted EPS down; declares $0.25 dividend
CB Financial Services, Inc.
2024-Q1 EPS reported
$0.82
- GAAP net income $4.2M, diluted EPS $0.82 (vs $4.2M, $0.81 in Q1 2023).
- Adjusted net income $3.2M, adjusted diluted EPS $0.62 (down from $4.0M, $0.79 a year ago).
- Quarterly cash dividend of $0.25 per share declared, payable May 31 to holders of record May 15.
- GAAP net income sequentially lower from $13.0M in Q4 2023 due to large prior-quarter adjustments.