Community Bankers Trust Corp. (NASDAQ:ESXB) released its earnings results on Thursday, October 26th. The financial services provider reported $0.11 EPS for the quarter, missing the consensus estimate of $0.12 by ($0.01), Bloomberg Earnings reports. Community Bankers Trust Corp. had a net margin of 19.82% and a return on equity of 7.87%. The firm had revenue of $12.19 million during the quarter.
Community Bankers Trust Corp. (ESXB) opened at $8.15 on Friday. Community Bankers Trust Corp. has a fifty-two week low of $5.55 and a fifty-two week high of $9.35.
In related news, insider Rex L. Smith III acquired 10,000 shares of the stock in a transaction dated Tuesday, October 31st. The stock was bought at an average price of $8.80 per share, for a total transaction of $88,000.00. Following the purchase, the insider now directly owns 47,250 shares of the company’s stock, valued at approximately $415,800. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders bought a total of 12,495 shares of company stock valued at $109,546 in the last quarter.
An institutional investor recently bought a new position in Community Bankers Trust Corp. stock. California State Teachers Retirement System purchased a new position in Community Bankers Trust Corp. (NASDAQ:ESXB) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 38,000 shares of the financial services provider’s stock, valued at approximately $314,000. California State Teachers Retirement System owned about 0.17% of Community Bankers Trust Corp. as of its most recent filing with the Securities and Exchange Commission.
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A number of equities research analysts have recently weighed in on the stock. Brean Capital set a $10.00 price target on shares of Community Bankers Trust Corp. and gave the company a “buy” rating in a research note on Friday, October 27th. Keefe, Bruyette & Woods reiterated a “market perform” rating and set a $9.00 target price on shares of Community Bankers Trust Corp. in a research report on Tuesday, October 3rd. Stephens lowered shares of Community Bankers Trust Corp. from an “overweight” rating to an “equal weight” rating in a report on Tuesday, October 31st. Finally, Sandler O’Neill initiated coverage on shares of Community Bankers Trust Corp. in a report on Wednesday, August 30th. They set a “hold” rating and a $9.00 price target for the company.
Community Bankers Trust Corp. Company Profile
Community Bankers Trust Corporation is the holding company for Essex Bank (the Bank). The Bank is engaged in a general commercial banking business and provides a range of financial services to individuals and small businesses, including individual and commercial demand and time deposit accounts, commercial and industrial loans, consumer and small business loans, real estate and mortgage loans, investment services and safe deposit box facilities.
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