CB Financial Services, Inc. Announces Quarterly Cash Dividend
CB Financial Services has declared a $0.24 cash dividend per share, with a payment date set for September 17, 2020.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
CB Financial Services has declared a $0.24 cash dividend per share, with a payment date set for September 17, 2020. Stockholders on record by September 7, 2020 will receive the dividend. The company, a holding entity for Community Bank, operates 24 locations across Pennsylvania and West Virginia, offering various retail and commercial banking services, as well as insurance brokerage through its subsidiary. This dividend declaration reflects the company’s commitment to returning value to its shareholders.
Positive
- Declaration of a $0.24 quarterly cash dividend demonstrates financial stability.
- Commitment to returning value to shareholders could enhance investor confidence.
Negative
- None.
Details
News Market Reaction – CBFV
The recorded move for CBFV in the trading session of this news was -0.49%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
WASHINGTON, Pa., Aug. 19, 2020 (GLOBE NEWSWIRE) -- CB Financial Services, Inc. (NASDAQGM: CBFV), the holding company for Community Bank, today announced that its Board of Directors has declared a
About CB Financial Services, Inc.
CB Financial Services, Inc. is the bank holding company for Community Bank, a Pennsylvania-chartered commercial bank. Community Bank operates sixteen offices in Greene, Allegheny, Washington, Fayette, and Westmoreland Counties in southwestern Pennsylvania, seven offices in Brooke, Marshall, Ohio, Upshur and Wetzel Counties in West Virginia, and one office in Belmont County in Ohio. Community Bank offers a broad array of retail and commercial lending and deposit services and provides commercial and personal insurance brokerage services through Exchange Underwriters, Inc., its wholly owned subsidiary.
For more information about CB Financial Services, Inc. and Community Bank, visit our website at www.communitybank.tv.
Contact:
Barron P. McCune, Jr.
President and Chief Executive Officer
Phone: (724) 225-2400
Fax: (724) 225-4903
FAQ
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