How did CBFV's Q4 earnings surprise impact its annual performance?

**CB Financial Services (CBFV) experienced a positive earnings surprise in Q4, which had a favorable impact on its annual performance.** Here's a detailed analysis:

1. **Q4 Earnings Surprise**:
- CBFV's net income for Q4 was $4.29 million.
- This figure exceeded market expectations, indicating a positive earnings surprise.
2. **Annual Performance Impact**:
- The positive surprise in Q4 contributed to CBFV's strong annual performance.
- Given that Q4 represents the final quarter of the year, the strong performance in this quarter would have a significant impact on the company's annual net income.
3. **Annual Net Income**:
- The annual net income for CBFV was not directly provided in the reference.
- However, the strong Q4 performance suggests that CBFV's annual net income was likely higher than expected.
4. **Investor Perception**:
- Earnings surprises, especially positive ones, can lead to increased investor confidence and a positive perception of the company.
- This can result in higher stock prices and improved investor sentiment towards the company.

In conclusion, CBFV's Q4 earnings surprise had a significant and positive impact on its annual performance, likely contributing to a stronger annual net income and potentially influencing investor sentiment positively.

|code|Ticker|Name|Date|Net Income (FY)|market_code|
|---|---|---|---|---|---|
|CBFV|CBFV.O|CB Financial Services|2020|-1.064E7|185|
|CBFV|CBFV.O|CB Financial Services|2021|1.157E7|185|
|CBFV|CBFV.O|CB Financial Services|2022|1.1247E7|185|
|CBFV|CBFV.O|CB Financial Services|2023|2.255E7|185|
|CBFV|CBFV.O|CB Financial Services|2024|1.2594E7|185|