Community Bankers Trust Corp (NASDAQ:ESXB) – Equities researchers at FIG Partners upped their FY2018 EPS estimates for Community Bankers Trust in a research report issued on Wednesday, according to Zacks Investment Research. FIG Partners analyst J. Rodis now anticipates that the financial services provider will post earnings per share of $0.56 for the year, up from their previous forecast of $0.50. FIG Partners has a “Market-Perform” rating on the stock.
A number of other brokerages also recently commented on ESXB. Brean Capital reiterated a “buy” rating on shares of Community Bankers Trust in a report on Tuesday, January 2nd. Keefe, Bruyette & Woods downgraded shares of Community Bankers Trust from an “outperform” rating to a “market perform” rating in a report on Wednesday, October 4th. Stephens downgraded shares of Community Bankers Trust from an “overweight” rating to an “equal weight” rating in a report on Tuesday, October 31st. Finally, Sandler O’Neill set a $9.00 price target on shares of Community Bankers Trust and gave the stock a “hold” rating in a report on Thursday, January 4th. Three analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $9.33.
Community Bankers Trust (NASDAQ:ESXB) opened at $8.25 on Friday. The stock has a market cap of $181.89, a PE ratio of 17.55 and a beta of 0.34. Community Bankers Trust has a 52-week low of $6.95 and a 52-week high of $9.35.
Community Bankers Trust (NASDAQ:ESXB) last announced its earnings results on Thursday, October 26th. The financial services provider reported $0.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.01). The business had revenue of $12.19 million for the quarter. Community Bankers Trust had a return on equity of 7.87% and a net margin of 19.82%.
In related news, insider Rex L. Smith III bought 10,000 shares of the stock in a transaction that occurred on Tuesday, October 31st. The stock was purchased at an average cost of $8.80 per share, for a total transaction of $88,000.00. Following the completion of the acquisition, the insider now owns 47,250 shares in the company, valued at $415,800. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last 90 days, insiders purchased 15,275 shares of company stock valued at $132,310.
Institutional investors have recently added to or reduced their stakes in the stock. Belpointe Asset Management LLC purchased a new stake in Community Bankers Trust in the third quarter valued at approximately $114,000. Voya Investment Management LLC purchased a new stake in Community Bankers Trust in the second quarter valued at approximately $111,000. GSA Capital Partners LLP purchased a new stake in Community Bankers Trust in the second quarter valued at approximately $125,000. First Trust Advisors LP purchased a new stake in Community Bankers Trust in the third quarter valued at approximately $160,000. Finally, Rhumbline Advisers purchased a new stake in Community Bankers Trust in the second quarter valued at approximately $184,000.
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Community Bankers Trust 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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