FY2018 EPS Estimates for Community Bankers Trust Corp Raised by FIG Partners (ESXB)

Community Bankers Trust Corp (NASDAQ:ESXB) – Analysts at FIG Partners boosted their FY2018 earnings per share estimates for shares of Community Bankers Trust in a research report issued to clients and investors on Wednesday, according to Zacks Investment Research. FIG Partners analyst J. Rodis now forecasts that the financial services provider will post earnings per share of $0.56 for the year, up from their previous estimate of $0.50. FIG Partners has a “Market-Perform” rating on the stock.

Community Bankers Trust (NASDAQ:ESXB) last posted its earnings results on Thursday, October 26th. The financial services provider reported $0.11 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.12 by ($0.01). Community Bankers Trust had a return on equity of 7.87% and a net margin of 19.82%. The firm had revenue of $12.19 million during the quarter.

Other analysts have also recently issued reports about the stock. Keefe, Bruyette & Woods reiterated a “market perform” rating and issued a $9.00 target price on shares of Community Bankers Trust in a research note on Tuesday, October 3rd. Stephens cut shares of Community Bankers Trust from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, October 31st. Brean Capital reiterated a “buy” rating on shares of Community Bankers Trust in a research note on Wednesday, December 6th. Finally, Sandler O’Neill set a $9.00 target price on shares of Community Bankers Trust and gave the stock a “hold” rating in a research note on Thursday, January 4th. Three analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Community Bankers Trust currently has a consensus rating of “Hold” and a consensus target price of $9.33.

Shares of Community Bankers Trust (ESXB) opened at $8.25 on Friday. Community Bankers Trust has a 52 week low of $6.95 and a 52 week high of $9.35. The stock has a market cap of $181.89, a P/E ratio of 17.55 and a beta of 0.34.

Several institutional investors have recently bought and sold shares of the company. Maltese Capital Management LLC raised its position in shares of Community Bankers Trust by 0.7% during the 3rd quarter. Maltese Capital Management LLC now owns 998,582 shares of the financial services provider’s stock valued at $9,187,000 after buying an additional 6,700 shares in the last quarter. River Oaks Capital LLC raised its position in shares of Community Bankers Trust by 0.9% during the 2nd quarter. River Oaks Capital LLC now owns 351,400 shares of the financial services provider’s stock valued at $2,899,000 after buying an additional 3,200 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Community Bankers Trust by 18.8% during the 2nd quarter. Vanguard Group Inc. now owns 317,338 shares of the financial services provider’s stock valued at $2,618,000 after buying an additional 50,152 shares in the last quarter. State Street Corp purchased a new stake in shares of Community Bankers Trust during the 2nd quarter valued at $1,762,000. Finally, Northern Trust Corp raised its position in shares of Community Bankers Trust by 1,611.0% during the 2nd quarter. Northern Trust Corp now owns 211,515 shares of the financial services provider’s stock valued at $1,745,000 after buying an additional 199,153 shares in the last quarter.

In related news, insider Rex L. Smith III acquired 10,000 shares of the stock in a transaction dated Tuesday, October 31st. The shares were purchased at an average price of $8.80 per share, for a total transaction of $88,000.00. Following the transaction, the insider now owns 47,250 shares in the company, valued at approximately $415,800. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. In the last 90 days, insiders have bought 15,275 shares of company stock worth $132,310.

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About Community Bankers Trust

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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