NASDAQ : CBFV
CB Financial Services, Inc. — Financial statements
Financials · Banks - Regional · United States
Last price 40.21 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 204.46M
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 64.76M | 62.07M | 59.38M | 54.65M | 41.93M | 39.70M |
| Interest Income on Investments | 17.38M | 13.87M | 16.75M | 7.58M | 5.78M | 3.85M |
| Total Interest Income | 82.14M | 75.94M | 76.13M | 62.23M | 47.72M | 43.56M |
| Interest Paid on Deposits | 22.87M | 23.45M | 28.44M | 16.43M | 4.03M | 3.12M |
| Interest Paid on Borrowings | 2.05M | 1.72M | 1.62M | 1.24M | 756.00K | 280.00K |
| Total Interest Expense | 24.91M | 25.16M | 30.06M | 17.67M | 4.78M | 3.40M |
| Net Interest Income | 57.23M | 50.77M | 46.07M | 44.55M | 42.94M | 40.15M |
| Gain (Loss) on Sale of Assets | 40.00K | 40.00K | 412.00K | 24.59M | 431.00K | 5.20M |
| Gain (Loss) on Sale of Investments | -31.00K | -11.81M | 51.00K | -10.20M | -168.00K | 526.00K |
| Other Non-Interest Income | 4.55M | 4.42M | 4.01M | 9.29M | 9.50M | 7.01M |
| Total Non-Interest Income | 4.65M | -7.24M | 4.53M | 23.68M | 9.76M | 16.21M |
| Revenues Before Loan Losses | 61.88M | 43.53M | 50.60M | 68.23M | 52.70M | 56.36M |
| Provision for Loan Losses | 552.00K | 589.00K | 570.00K | -502.00K | 3.78M | -1.12M |
| Revenue | 61.33M | 42.94M | 50.03M | 68.73M | 48.91M | 57.49M |
| Salaries and Employee Benefits | 23.01M | 21.42M | 18.01M | 20.78M | 17.87M | 19.37M |
| Occupancy Expenses | 2.35M | |||||
| Federal Deposit Insurance | 709.00K | 724.00K | 639.00K | 754.00K | 638.00K | 1.01M |
| Amortization of Goodwill & Intangibles | 958.00K | 1.77M | 1.78M | 1.93M | ||
| Selling, General & Administrative | 12.00M | 10.95M | 11.46M | 10.97M | 9.93M | 9.90M |
| Other Non-Interest Expense | 4.78M | 4.49M | 4.48M | 4.59M | 4.77M | 4.72M |
| Total Non-Interest Expense | 40.56M | 37.64M | 35.60M | 38.75M | 34.83M | 39.09M |
| EBT Excluding Unusual Items | 20.77M | 5.30M | 14.43M | 29.98M | 14.08M | 18.39M |
| Pretax Income | 20.77M | 5.30M | 15.34M | 30.29M | 14.08M | 14.70M |
| Income Tax Expense | 2.54M | 397.00K | 2.75M | 7.74M | 2.83M | 3.12M |
| Net Income | 18.24M | 4.90M | 12.59M | 22.55M | 11.25M | 11.57M |
| Net Income to Common | 18.24M | 4.90M | 12.59M | 22.55M | 11.25M | 11.57M |
| Basic Shares Outstanding | 5.06M | 5.04M | 5.13M | 5.11M | 5.14M | 5.38M |
| Diluted Shares Outstanding | 5.30M | 5.31M | 5.30M | 5.12M | 5.15M | 5.39M |
| EPS (Basic) | 3.61 | 0.97 | 2.45 | 4.41 | 2.19 | 2.15 |
| EPS (Diluted) | 3.44 | 0.92 | 2.38 | 4.40 | 2.18 | 2.15 |
| Dividend Per Share | 1.10 | 1.02 | 1.00 | 1.00 | 0.96 | 0.96 |
| Effective Tax Rate | 12.21% | 7.49% | 17.92% | 25.54% | 20.12% | 21.27% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 30.83M | 31.69M | 49.57M | 68.22M | 103.70M | 119.67M |
| Investment Securities | 65.28M | 24.00M | 17.63M | 68.99M | 81.83M | |
| Mortgage-Backed Securities | 343.99M | 220.43M | 244.10M | 189.47M | 121.07M | 143.14M |
| Total Investments | 343.99M | 285.70M | 268.10M | 207.09M | 190.06M | 224.97M |
| Gross Loans | 1.16B | 1.16B | 1.09B | 1.11B | 1.05B | 1.02B |
| Allowance for Loan Losses | -9.99M | -10.12M | -9.80M | -9.71M | -12.82M | -11.58M |
| Other Adjustments to Gross Loans | -830.00K | -846.00K | -1.00M | -1.20M | -1.90M | |
| Net Loans | 1.15B | 1.15B | 1.08B | 1.10B | 1.04B | 1.01B |
| Property, Plant & Equipment | 19.68M | 22.18M | 23.47M | 21.38M | 19.77M | 19.07M |
| Goodwill | 9.73M | 9.73M | 9.73M | 9.73M | 9.73M | 9.73M |
| Other Intangible Assets | 958.00K | 3.51M | 5.29M | |||
| Loans Held for Sale | 900.00K | |||||
| Accrued Interest Receivable | 46.56M | 6.37M | 5.59M | 5.09M | 3.98M | 3.35M |
| Long-Term Deferred Tax Assets | 1.43M | 5.11M | 5.30M | 8.86M | 1.37M | |
| Other Real Estate Owned & Foreclosed | 36.00K | |||||
| Other Long-Term Assets | 25.29M | 35.54M | 33.28M | 34.33M | 29.57M | 29.46M |
| Total Assets | 1.63B | 1.55B | 1.48B | 1.46B | 1.41B | 1.43B |
| Interest Bearing Deposits | 1.05B | 985.26M | 950.92M | 944.81M | 847.30M | 800.24M |
| Institutional Deposits | 62.80M | 64.70M | 44.60M | 30.80M | 40.60M | |
| Non-Interest Bearing Deposits | 292.44M | 291.75M | 267.90M | 277.75M | 390.40M | 385.77M |
| Total Deposits | 1.34B | 1.34B | 1.28B | 1.27B | 1.27B | 1.23B |
| Short-Term Borrowings | 79.00M | 873.00K | 867.00K | 8.06M | 39.27M | |
| Current Portion of Long-Term Debt | 3.00M | |||||
| Current Portion of Leases | 471.00K | |||||
| Accrued Interest Payable | 17.30M | 2.02M | 2.50M | 14.42M | 7.58M | 486.00K |
| Long-Term Debt | 34.79M | 14.76M | 14.72M | 14.68M | 14.64M | 14.60M |
| Federal Home Loan Bank Debt, Long-Term | 20.00M | 20.00M | 20.00M | |||
| Long-Term Leases | 2.14M | |||||
| Other Long-Term Liabilities | 10.09M | 12.59M | 8.39M | |||
| Total Liabilities | 1.47B | 1.39B | 1.33B | 1.32B | 1.30B | 1.29B |
| Common Stock | 155.97M | 2.43M | 2.41M | 2.40M | 2.38M | 2.37M |
| Additional Paid-In Capital | 87.64M | 86.37M | 85.33M | 83.95M | 83.29M | |
| Retained Earnings | 90.62M | 90.86M | 83.39M | 63.86M | 57.53M | |
| Treasury Stock | -19.75M | -15.03M | -14.54M | -13.80M | -9.14M | |
| Comprehensive Income & Other | -3.41M | -17.23M | -16.75M | -26.24M | -927.00K | |
| Shareholders' Equity | 155.97M | 157.54M | 147.38M | 139.83M | 110.16M | 133.12M |
| Total Liabilities & Equity | 1.63B | 1.55B | 1.48B | 1.46B | 1.41B | 1.43B |
| Total Debt | 113.79M | 38.24M | 35.59M | 34.68M | 22.70M | 56.87M |
| Net Cash (Debt) | -82.96M | -6.54M | 13.99M | 33.55M | 81.00M | 62.81M |
| Net Cash Per Share | -15.66 | -1.23 | 2.64 | 6.55 | 15.73 | 11.65 |
| Filing Date Shares Outstanding | 5.08M | 5.08M | 5.12M | 5.14M | 5.12M | 5.16M |
| Total Common Shares Outstanding | 5.08M | 5.04M | 5.13M | 5.12M | 5.10M | 5.26M |
| Book Value Per Share | 30.67 | 31.28 | 28.71 | 27.31 | 21.60 | 25.31 |
| Tangible Book Value | 146.24M | 147.81M | 137.65M | 129.14M | 96.91M | 118.10M |
| Tangible Book Value Per Share | 28.76 | 29.35 | 26.82 | 25.23 | 19.00 | 22.45 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 4.90M | 12.59M | 22.55M | 11.25M | 11.57M | |
| Depreciation & Amortization | 1.81M | 2.42M | 2.74M | 2.70M | 2.44M | |
| Gain (Loss) on Sale of Assets | 11.00K | -358.00K | -24.60M | -432.00K | -5.28M | |
| Gain (Loss) on Sale of Investments | 11.43M | -745.00K | 10.23M | 234.00K | -474.00K | |
| Total Asset Writedown | 119.00K | 3.70M | ||||
| Provision for Credit Losses | 534.00K | 379.00K | -284.00K | 3.78M | -1.12M | |
| Net Decrease (Increase) in Loans Originated / Sold - Operating | 601.00K | -848.00K | 323.00K | |||
| Accrued Interest Receivable | -788.00K | -500.00K | -1.10M | -633.00K | 522.00K | |
| Change in Income Taxes | -2.03M | -3.90M | 3.98M | -5.00K | 1.89M | |
| Other Operating Activities | 1.19M | -3.93M | -2.36M | -3.75M | 604.00K | |
| Operating Cash Flow | 17.81M | 6.75M | 14.24M | 14.15M | 13.05M | |
| Capital Expenditures | -650.00K | -3.31M | -3.29M | -509.00K | -2.38M | |
| Sale of Property, Plant and Equipment | 41.00K | 988.00K | 47.00K | 480.00K | 845.00K | |
| Investment in Securities | -11.61M | -54.87M | -15.16M | 2.42M | -84.61M | |
| Divestitures | 26.92M | |||||
| Net Decrease (Increase) in Loans Originated / Sold - Investing | -69.61M | 17.58M | -63.52M | -31.39M | 25.11M | |
| Other Investing Activities | -888.00K | 2.97M | 135.00K | 654.00K | 582.00K | |
| Investing Cash Flow | -82.61M | -36.38M | -54.73M | -28.31M | -60.14M | |
| Short-Term Debt Issued | 20.00M | |||||
| Long-Term Debt Issued | 20.00M | 14.60M | ||||
| Total Debt Issued | 20.00M | 20.00M | 14.60M | |||
| Short-Term Debt Repaid | -20.00M | -8.06M | -31.21M | -1.79M | ||
| Long-Term Debt Repaid | -3.00M | -5.00M | ||||
| Total Debt Repaid | -20.00M | -8.06M | -34.21M | -6.79M | ||
| Net Debt Issued (Repaid) | 11.94M | -34.21M | 7.81M | |||
| Issuance of Common Stock | 2.61M | 721.00K | 372.00K | 220.00K | 98.00K | |
| Repurchase of Common Stock | -6.84M | -965.00K | -843.00K | -4.80M | -4.14M | |
| Common Dividends Paid | -5.13M | -5.13M | -5.11M | -4.92M | -5.17M | |
| Net Increase (Decrease) in Deposit Accounts | 56.29M | 16.36M | -1.34M | 41.89M | 7.25M | |
| Financing Cash Flow | 46.92M | 10.98M | 5.01M | -1.82M | 5.85M | |
| Net Cash Flow | -17.88M | -18.65M | -35.48M | -15.97M | -41.24M | |
| Free Cash Flow | 17.16M | 3.44M | 10.94M | 13.64M | 10.67M | |
| Free Cash Flow Margin | 39.95% | 6.87% | 15.92% | 27.89% | 18.56% | |
| Free Cash Flow Per Share | 3.23 | 0.65 | 2.14 | 2.65 | 1.98 | |
| Cash Income Tax Paid | 301.00K | 6.34M | 2.88M | 3.25M | 1.60M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 203.95M | 174.68M | 146.43M | 121.92M | 109.13M | 127.16M |
| Last Close Price | 39.67 | 34.06 | 27.04 | 21.61 | 18.55 | 19.98 |
| PE Ratio | 11.65 | 35.63 | 11.63 | 5.41 | 9.70 | 10.99 |
| PS Ratio | 3.36 | 4.07 | 2.93 | 1.77 | 2.23 | 2.21 |
| PB Ratio | 1.29 | 1.11 | 0.99 | 0.87 | 0.99 | 0.95 |
| P/FCF Ratio | 10.56 | 10.18 | 42.63 | 11.14 | 8.00 | 11.92 |
| P/OCF Ratio | 10.27 | 9.81 | 21.69 | 8.56 | 7.71 | 9.74 |
| Debt / Equity Ratio | 0.73 | 0.24 | 0.24 | 0.25 | 0.21 | 0.43 |
| Debt / FCF Ratio | 2.23 | 10.36 | 3.17 | 1.66 | 5.33 | |
| Net Debt / Equity Ratio | 0.53 | 0.04 | -0.10 | -0.24 | -0.73 | -0.47 |
| Net Debt / FCF Ratio | 0.38 | -4.07 | -3.06 | -5.94 | -5.89 | |
| Return on Equity (ROE) | 11.82% | 3.22% | 8.77% | 18.04% | 9.25% | 8.64% |
| Return on Assets (ROA) | 1.15% | 0.32% | 0.86% | 1.57% | 0.79% | 0.81% |
| Earnings Yield | 8.59% | 2.81% | 8.60% | 18.50% | 10.31% | 9.10% |
| FCF Yield | 9.47% | 9.82% | 2.35% | 8.97% | 12.50% | 8.39% |
| Dividend Yield | 2.79% | 2.94% | 3.50% | 4.20% | 4.49% | 3.97% |
| Payout Ratio | 32.52% | 104.71% | 40.73% | 22.66% | 43.74% | 44.67% |
| Buyback Yield / Dilution | -0.98% | -0.08% | -3.51% | 0.51% | 4.51% | 0.25% |
| Total Shareholder Return | 1.78% | 2.86% | -0.00% | 4.71% | 9.00% | 4.22% |