CB Financial Services, Inc. (CBFV) Financial Statements
Industry: State Commercial Banks
In fiscal 2025, CB Financial Services reported revenue of $43.5M, down 15.5% from $51.6M the year before. Net income was $4.9M (a 11.3% net margin), or $0.92 per diluted share. Net interest income was $50.8M, and the efficiency ratio (noninterest expense / revenue) was 86.5%. Operating activities generated $17.8M of cash, leaving $17.2M of free cash flow. At fiscal year end, CB Financial Services held $1.55B in total assets against $1.39B in total liabilities, including $31.7M of cash and equivalents.
Open the full interactive CB Financial Services financials → Quarterly statements, key ratios, valuation history and price charts.
CB Financial Services Key Stats
| Share Price | $37.51 |
|---|---|
| Market Cap | $200.8M |
| P/E Ratio | 40.8 |
| Revenue YoY Growth | -15.6% |
| 52-Week Range | $30.85 – $38.02 |
| Shares Outstanding | 5.1 million (basic, 2026 Q2) |
CB Financial Services Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Net Interest Income | $41.9M | $40.2M | $42.9M | $44.6M | $46.1M | $50.8M |
| Provision for Credit Losses | $4.0M | -$1.1M | $3.8M | -$502,000 | $570,000 | $589,000 |
| Noninterest Income | $9.5M | $16.3M | $9.8M | $24.0M | $5.5M | -$7.2M |
| Noninterest Expense | $56.8M | $42.9M | $34.9M | $38.8M | $35.6M | $37.7M |
| Revenue | $51.4M | $56.4M | $52.8M | $68.6M | $51.6M | $43.5M |
| Pre-Tax Income | -$9.4M | $14.7M | $14.1M | $30.3M | $15.3M | $5.3M |
| Income Tax | $1.2M | $3.1M | $2.8M | $7.7M | $2.7M | $397,000 |
| Net Income | -$10.6M | $11.6M | $11.2M | $22.6M | $12.6M | $4.9M |
| Diluted EPS | -$1.97 | $2.15 | $2.18 | $4.40 | $2.38 | $0.92 |
CB Financial Services Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $2.4M | $15.6M | $14.8M | $15.5M |
| Net Income | -$5.7M | $4.7M | $3.9M | $4.3M |
| Diluted EPS | -$1.07 | $0.89 | $0.73 | $0.80 |
CB Financial Services Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $160.9M | $119.7M | $103.7M | $68.2M | $49.6M | $31.7M |
| Loans (Net) | — | — | $1.04B | $1.10B | $1.08B | $1.15B |
| Total Assets | $1.42B | $1.43B | $1.41B | $1.46B | $1.48B | $1.55B |
| Deposits | $1.22B | $1.23B | $1.27B | $1.27B | $1.28B | $1.34B |
| Total Long-Term Debt | $8.0M | $35.6M | $29.6M | $69.7M | $69.7M | $69.8M |
| Total Liabilities | $1.28B | $1.29B | $1.30B | $1.32B | $1.33B | $1.39B |
| Shareholders' Equity | $134.5M | $133.1M | $110.2M | $139.8M | $147.4M | $157.5M |
CB Financial Services Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $14.1M | $13.1M | $14.2M | $14.2M | $6.8M | $17.8M |
| Cash From Investing | -$36.9M | -$60.1M | -$28.3M | -$54.7M | -$36.4M | -$82.6M |
| Cash From Financing | $103.5M | $5.8M | -$1.8M | $5.0M | $11.0M | $46.9M |
| Free Cash Flow | $13.8M | $10.7M | $13.6M | $10.9M | $3.4M | $17.2M |
Figures from CB Financial Services' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full CB Financial Services financials page for every line item.
CB Financial Services Company Profile
| Ticker | CBFV |
|---|---|
| Exchange | Nasdaq |
| Industry | State Commercial Banks |
| Headquarters | Carmichaels, Pennsylvania |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0001605301 |
Frequently Asked Questions
What was CB Financial Services' revenue in fiscal 2025?
CB Financial Services (CBFV) reported revenue of $43.5M for fiscal 2025.
What is CB Financial Services' annual revenue history?
CB Financial Services' annual revenue by fiscal year: 2020: $51.4M; 2021: $56.4M; 2022: $52.8M; 2023: $68.6M; 2024: $51.6M; 2025: $43.5M.
What was CB Financial Services' net income in fiscal 2025?
CB Financial Services reported net income of $4.9M for fiscal 2025.
What was CB Financial Services' earnings per share (EPS) in fiscal 2025?
CB Financial Services' diluted EPS was $0.92 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did CB Financial Services generate in fiscal 2025?
CB Financial Services generated $17.2M of free cash flow in fiscal 2025.
What was CB Financial Services' revenue last quarter?
In its most recent reported quarter (2026 Q2), CB Financial Services reported revenue of $15.5M.
How much debt does CB Financial Services have?
CB Financial Services reported $69.8M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of CB Financial Services are outstanding?
CB Financial Services reported a weighted average of 5.1 million basic shares outstanding in 2026 Q2.
What is CB Financial Services' market cap?
Based on its latest closing price, CB Financial Services (CBFV) has a market capitalization of about $200.8M.
When does CB Financial Services' fiscal year end?
CB Financial Services' fiscal year end, as registered with the SEC, is December 31.
Where is CB Financial Services headquartered?
CB Financial Services lists its business address in Carmichaels, Pennsylvania in its SEC filings.