Shanon Chase's questions to CB Financial Services (CBFV) leadership • Q3 2017
Question
Shanon Chase of FIG Partners asked for clarification on the earnings projections, specifically questioning if the 15% earnings accretion forecast for 2019 was based on a consensus earnings estimate of $2.07 for CBFV.
Answer
CFO Kevin Lemley responded that the $2.07 figure sounded reasonable. He clarified that the projection was based on First West Virginia's internal budget projections, which did not include any anticipated interest rate increases.