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Cb Financl Srvcs - CBFV STOCK NEWS

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CB Financial Services Inc (CBFV) provides community-focused banking solutions through residential/commercial lending and insurance services across southwestern Pennsylvania. This page aggregates all corporate news and press releases for investors and stakeholders.

Access timely updates including quarterly earnings reports, regulatory filings, and announcements about leadership changes or strategic initiatives. Track developments in commercial lending programs, insurance brokerage services, and community partnerships through verified sources.

Bookmark this page to monitor CBFV’s financial performance, market positioning, and contributions to local economic growth. Content is curated to support informed decision-making while maintaining compliance with financial disclosure standards.

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CB Financial Services (NASDAQ: CBFV) reported Q1 2025 financial results with net income of $1.91M, or $0.35 per diluted share. The company's net interest margin improved to 3.27% from 3.12% in Q4 2024, driven by reduced funding costs.

Total assets reached $1.48 billion, showing modest growth of $1.9M from December 2024. The bank focused on balance sheet repositioning, including reducing costly brokered deposits and shifting toward commercial loans, which now represent 56% of the loan portfolio.

Notable developments include a $1.0M one-time expense related to workforce reduction, expected to generate annual pre-tax savings of $1.5M. Asset quality remains strong with nonperforming loans at 0.22% of total loans. The Board declared a quarterly cash dividend of $0.25 per share, payable May 30, 2025.

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CB Financial Services (NASDAQ: CBFV), the holding company of Community Bank, has announced its annual stockholders meeting scheduled for Wednesday, May 21, 2025 at 9:00 a.m. EDT. The meeting will take place at the Ralph J. Sommers, Jr. Operations Center in Waynesburg, Pennsylvania.

Community Bank operates branches throughout southwestern Pennsylvania and West Virginia, providing retail and commercial lending and deposit services.

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CB Financial Services (NASDAQ: CBFV) reported fourth quarter and full year 2024 financial results. Q4 net income was $2.5 million ($0.46 per diluted share), compared to $13.0 million in Q4 2023. Full-year 2024 net income was $12.6 million ($2.38 per diluted share), versus $22.6 million in 2023.

Key financial highlights include: net interest and dividend income increased 3.6% to $11.5 million in Q4 2024; total assets grew 1.8% to $1.48 billion; total loans decreased 1.6% to $1.09 billion, primarily due to the discontinuation of indirect automobile lending; and deposits increased by $16.4 million to $1.28 billion.

The company maintained strong asset quality with nonperforming loans at 0.16% of total loans. The Board declared a quarterly cash dividend of $0.25 per share, payable February 28, 2025.

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CB Financial Services (NASDAQ: CBFV) reported Q3 2024 financial results with net income of $3.2 million, up from $2.7 million in Q3 2023. Earnings per diluted share increased to $0.60 from $0.52. Net interest and dividend income rose to $11.5 million from $10.7 million. Total assets grew 7.3% to $1.6 billion, while total loans decreased 4.0% to $1.07 billion. Total deposits increased to $1.35 billion. Asset quality remained strong with nonperforming loans at 0.19% of total loans. The company declared a quarterly cash dividend of $0.25 per share.

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CB Financial Services, the holding company for Community Bank, announced its second quarter and year-to-date 2024 financial results. Key financial metrics show a slight decline in net income to $2.7 million from $2.8 million YoY. Adjusted net income also fell to $2.7 million. Earnings per share (EPS) dropped to $0.51 from $0.54, while adjusted EPS declined to $0.52 from $0.55. The net interest margin (NIM) decreased to 3.18% from 3.29%, despite an increase in net interest and dividend income to $11.5 million.

Total assets rose by $103.8 million to $1.6 billion, but total loans decreased by $31.7 million to $1.08 billion, largely from reduced consumer and commercial real estate loans. Total deposits increased by $82.6 million to $1.35 billion. The company declared a quarterly cash dividend of $0.25 per share, payable on August 30, 2024, to shareholders of record as of August 15, 2024.

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CB Financial Services, Inc. (NASDAQ: CBFV), the holding company for Community Bank, has authorized a new stock repurchase program to buy back up to 5% of its outstanding common stock. Based on the July 22, 2024 closing price, this program could involve 257,095 shares, valued at approximately $6.0 million. The repurchase program will commence after the Q2 2024 earnings release and terminate on July 25, 2025. Repurchases may occur in open-market or private transactions, following a Rule 10b5-1 trading plan. The program can be suspended, terminated, or modified at any time and does not obligate the company to purchase a specific number of shares.

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FAQ

What is the current stock price of Cb Financl Srvcs (CBFV)?

The current stock price of Cb Financl Srvcs (CBFV) is $29.15 as of April 29, 2025.

What is the market cap of Cb Financl Srvcs (CBFV)?

The market cap of Cb Financl Srvcs (CBFV) is approximately 146.9M.
Cb Financl Srvcs

Nasdaq:CBFV

CBFV Rankings

CBFV Stock Data

146.85M
4.60M
10.04%
42.35%
0.97%
Banks - Regional
State Commercial Banks
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United States
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