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CBFV

CB Financial Services, Inc.

CBFV

CB Financial Services, Inc. • NASDAQ
$35.45 ▲ 1.58% (+0.55)
Market Cap $177.63 M
52w High $35.45
52w Low $26.01
Dividend Yield 1.02%
P/E 68.17
Volume 3.54K
Outstanding Shares 5.01M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $8.293M ▼ $8.812M ▲ $-5.696M ▼ -68.684% ▼ $-1.14 ▼ $-6.565M ▼
Q2-2025 $19.309M ▲ $8.366M ▼ $3.949M ▲ 20.452% ▲ $0.79 ▲ $5.167M ▲
Q1-2025 $18.324M ▼ $9.492M ▲ $1.909M ▼ 10.418% ▼ $0.37 ▼ $2.778M ▼
Q4-2024 $20.177M ▼ $8.542M ▲ $2.529M ▼ 12.534% ▼ $0.49 ▼ $3.503M ▼
Q3-2024 $20.437M $8.213M $3.219M 15.751% $0.63 $4.539M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $55.89M ▼ $1.546B ▲ $1.393B ▲ $152.465M ▲
Q2-2025 $64.626M ▲ $1.518B ▲ $1.37B ▲ $148.362M ▲
Q1-2025 $61.311M ▼ $1.483B ▲ $1.335B ▲ $148.289M ▲
Q4-2024 $309.086M ▼ $1.482B ▼ $1.334B ▼ $147.378M ▼
Q3-2024 $415.57M $1.562B $1.413B $149.14M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-5.694M ▼ $4.621M ▲ $-37.52M ▼ $24.283M ▲ $-8.616M ▼ $4.517M ▲
Q2-2025 $3.949M ▲ $4.132M ▲ $-24.112M ▼ $23.212M ▲ $3.232M ▼ $3.875M ▼
Q1-2025 $1.909M ▼ $4.027M ▲ $13.181M ▲ $-5.506M ▲ $11.702M ▲ $3.926M ▲
Q4-2024 $2.529M ▼ $1.589M ▼ $-27.852M ▼ $-71.49M ▼ $-97.753M ▼ $1.319M ▼
Q3-2024 $3.218M $3.067M $-778K $2.436M $4.725M $2.211M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Deposit Account
Deposit Account
 $0 ▲$0 ▲$0 ▲$0 ▲
Financial Service Other
Financial Service Other
 $0 ▲$0 ▲$0 ▲$0 ▲
Insurance Commissions
Insurance Commissions
 $0 ▲$0 ▲$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Revenue has grown modestly over the last few years, but profit trends have been uneven. The bank moved from a loss several years ago to consistent profitability, yet earnings recently slipped even as revenue improved. That suggests pressure on margins, likely from higher funding costs, competitive loan pricing, or elevated operating expenses. Profitability is positive but not on a smooth upward path, and the sharp drop in earnings per share in the most recent year stands out as a key watch point for underlying efficiency and credit costs.

Balance Sheet

Balance Sheet The balance sheet looks relatively steady, with total assets gradually inching higher and shareholder equity building over time. Debt levels appear modest for a bank of this size, suggesting a conservative funding profile. On the other hand, cash and equivalents have trended down from earlier levels, which can be normal as funds are put to work in loans and securities but does reduce immediate liquidity. Overall, it reads as a fairly traditional, moderately growing community bank balance sheet, with incremental strengthening of capital but less of a cash cushion than in prior years.

Cash Flow

Cash Flow Operating cash flow has been consistently positive but not expanding meaningfully, indicating a stable, if not rapidly growing, core franchise. Free cash flow has also generally been positive, which is helped by very light capital spending. The bank does not appear to be in a heavy investment phase from a cash outlay perspective, relying instead on incremental improvements rather than large, one‑time projects. Cash generation looks adequate for a smaller regional bank, but without a clear acceleration trend yet.

Competitive Edge

Competitive Edge CB Financial Services competes as a classic community bank with a relationship‑driven model in its regional markets. Its strengths lie in local decision‑making, long‑standing customer ties, and a clear focus on small businesses and niche areas like healthcare banking and treasury services. This helps differentiate it from large national banks that can feel more impersonal. However, its smaller scale limits brand reach and may constrain how aggressively it can price or invest compared with larger rivals. Its position is strongest where personalized service and speed of decisions matter more than rock‑bottom pricing or an ultra‑wide product set.

Innovation and R&D

Innovation and R&D Rather than inventing its own technology, the bank concentrates on adopting proven digital tools—enhanced mobile and online banking, interactive teller machines, upgraded loan systems, and a virtual banking center—to make service faster and more convenient. Its “tech forward” efforts are tied to a long‑term strategic plan, aiming to modernize operations without losing the human, community‑bank feel. Innovation here is practical and implementation‑focused, not experimental. The bigger questions are how well these projects are executed, how effectively fintech partnerships are used, and whether tech investments translate into better margins and stronger growth in targeted segments like small business and healthcare.

Summary

CB Financial Services presents as a traditional community bank that has successfully moved back into steady profitability but is currently facing pressure on earnings despite rising revenue. Its balance sheet appears conservative and gradually strengthening, with modest leverage and growing equity, though with less cash on hand than in the past. Cash flows are stable and supportive of operations, but not yet showing a surge that would signal a strong new growth phase. Strategically, the bank leans on its community roots, local decision‑making, and focus on underserved niches, while layering in practical digital upgrades rather than cutting‑edge technology. The main opportunities lie in executing its long‑term tech and market expansion plan, deepening niche relationships, and benefiting from balance sheet repositioning. Key risks and uncertainties include margin pressure from the interest‑rate environment, competition from larger and more digital banks, and the need to prove that recent technology and strategic investments can restore and then grow earnings over time.

NEWS

November 24, 2025 · 4:05 PM UTC

Craig L. Kauffman Joins Boards of Directors of CB Financial Services, Inc.

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October 23, 2025 · 4:05 PM UTC

CB Financial Services, Inc. Announces Third Quarter 2025 Financial Results and Declares Quarterly Cash Dividend

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September 4, 2025 · 4:17 PM UTC

CB Financial Services, Inc. Authorizes New Stock Repurchase Program of up to $5 Million

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