Community Bankers Trust Co. to Post Q2 2021 Earnings of $0.22 Per Share, Piper Sandler Forecasts (NASDAQ:ESXB)


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Community Bankers Trust Co. (NASDAQ:ESXB) – Equities research analysts at Piper Sandler raised their Q2 2021 earnings per share estimates for Community Bankers Trust in a note issued to investors on Sunday, May 2nd. Piper Sandler analyst C. Whitman now expects that the financial services provider will post earnings per share of $0.22 for the quarter, up from their previous estimate of $0.20. Piper Sandler also issued estimates for Community Bankers Trust’s Q3 2021 earnings at $0.24 EPS, Q4 2021 earnings at $0.23 EPS, Q1 2022 earnings at $0.18 EPS, Q2 2022 earnings at $0.20 EPS, Q3 2022 earnings at $0.20 EPS, Q4 2022 earnings at $0.21 EPS and FY2022 earnings at $0.79 EPS.

Separately, Stephens downgraded shares of Community Bankers Trust from an “overweight” rating to an “equal weight” rating and set a $8.00 price target for the company. in a research note on Wednesday, February 3rd.

NASDAQ ESXB opened at $8.86 on Tuesday. The company has a 50 day moving average of $8.52 and a 200-day moving average of $7.32. Community Bankers Trust has a 1-year low of $4.43 and a 1-year high of $8.99.

Community Bankers Trust (NASDAQ:ESXB) last posted its quarterly earnings results on Thursday, April 29th. The financial services provider reported $0.30 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.18 by $0.12.

Several hedge funds have recently added to or reduced their stakes in ESXB. Citigroup Inc. lifted its stake in Community Bankers Trust by 302.1% in the 4th quarter. Citigroup Inc. now owns 4,206 shares of the financial services provider’s stock worth $28,000 after purchasing an additional 3,160 shares in the last quarter. Rhumbline Advisers grew its stake in Community Bankers Trust by 14.7% in the 4th quarter. Rhumbline Advisers now owns 35,667 shares of the financial services provider’s stock worth $241,000 after buying an additional 4,582 shares in the last quarter. Russell Investments Group Ltd. increased its holdings in shares of Community Bankers Trust by 2.7% in the 4th quarter. Russell Investments Group Ltd. now owns 200,070 shares of the financial services provider’s stock worth $1,350,000 after buying an additional 5,299 shares during the last quarter. The Manufacturers Life Insurance Company raised its position in shares of Community Bankers Trust by 44.7% during the 4th quarter. The Manufacturers Life Insurance Company now owns 18,610 shares of the financial services provider’s stock valued at $126,000 after buying an additional 5,745 shares in the last quarter. Finally, Barclays PLC raised its position in Community Bankers Trust by 21.9% during the fourth quarter. Barclays PLC now owns 39,089 shares of the financial services provider’s stock valued at $263,000 after purchasing an additional 7,019 shares in the last quarter.

In other Community Bankers Trust news, EVP William E. Saunders, Jr. sold 25,000 shares of the stock in a transaction on Thursday, February 4th. The stock was sold at an average price of $7.38, for a total transaction of $184,500.00. Following the completion of the transaction, the executive vice president now directly owns 40,727 shares of the company’s stock, valued at $300,565.26. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders have purchased 6,910 shares of company stock valued at $54,310 in the last 90 days.

Community Bankers Trust Company Profile

Community Bankers Trust Corporation operates as the holding company for Essex Bank that provides financial services primarily to individuals, small businesses, and commercial companies. It offers individual and commercial demand and time deposit accounts; and commercial and industrial, consumer and small business, and real estate and mortgage loans.

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Earnings History and Estimates for Community Bankers Trust (NASDAQ:ESXB)

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