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2022-01-29 05:56
04:54 PM EST, 01/28/2022 (MT Newswires) -- CB Financial Services (CBFV) late Friday reported non-GAAP Q4 net income of $0.53 per share, down from its $0.58 per share adjusted profit during the year-ago quarter.
The company said its net interest and dividend income declined 3.8% to $10.2 million while non-internet income surged 212.8% year-over-year to $8.7 million. Total revenue grew to $18.9 million from $13.4 million in revenue 12 months earlier.
Two analysts polled by Capital IQ, on average, had been looking for a $0.36 per share normalized profit for the three months ended Dec. 31 while a single analyst expected $17.7 million in revenue.
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