CB Financial Services, Inc. (CBFV) 10-Year Financial Performance & Capital Metrics

CBFV • • Banking & Credit

Financial ServicesRegional BanksCommunity & Regional Retail BankingNortheast Community Banks

AboutCB Financial Services, Inc. operates as the bank holding company for Community Bank that provides various banking products and services for individuals and businesses in southwestern Pennsylvania, West Virginia, and Ohio. The company's primary deposit products include demand deposits, NOW accounts, money market accounts, and savings accounts, as well as time deposit products. Its loan products comprise residential real estate loans, such as one- to four-family mortgage loans, home equity installment loans, and home equity lines of credit; commercial real estate loans that are secured primarily by improved properties, such as retail facilities, office buildings, and other non-residential buildings; construction loans to individuals to finance the construction of residential dwellings, as well as for the construction of commercial properties, including hotels, apartment buildings, housing developments, and owner-occupied properties used for businesses; commercial and industrial loans, and lines of credit; consumer loans consisting of indirect auto loans, secured and unsecured loans, and lines of credit; and other loans. In addition, the company conducts insurance agency activities by offering property and casualty, commercial liability, surety, and other insurance products. It operates through its main office and 13 branch offices in Greene, Allegheny, Washington, Fayette, and Westmoreland counties in southwestern Pennsylvania; Marshall and Ohio counties in West Virginia; and Belmont County in Ohio, as well as one loan production offices in Allegheny County. The company was founded in 1901 and is headquartered in Carmichaels, Pennsylvania.Show more

Net Interest Income $46M +3.4%
Total Revenue $79M +31.9%
Net Income $13M -44.2%
Return on Equity 8.77% -51.4%
Net Interest Margin 3.1% +1.8%
Efficiency Ratio 41.95% +100.2%
ROA 0.86% -45.5%
Equity / Assets 9.95% +3.8%
Book Value per Share 27.79 +1.8%
Tangible BV/Share 25.87 +2.6%
Debt/Equity 0.24 -9.7%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Efficient operations: 42.0% efficiency ratio
✓Healthy dividend yield of 2.8%
✓Trading at only 1.2x book value

✗Weaknesses

No significant weaknesses identified

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y12.7%

5Y6.54%

3Y16.53%

TTM-

Profit (Net Income) CAGR

10Y11.37%

5Y-2.55%

3Y2.87%

TTM-88.31%

EPS CAGR

10Y3.86%

5Y-1.98%

3Y3.45%

TTM-90.79%

ROCE

10Y Avg7.94%

5Y Avg5.79%

3Y Avg8.35%

Latest4.67%

Peer Comparison

Northeast Community Banks

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
DCOMDime Community Bancshares, Inc.	1.37B	31.13	56.60	0.1%	4.5%	4.02%	6.79%	0.70
EBCEastern Bankshares, Inc.	4.4B	19.56	29.64	91.64%	11.17%	1.3%	6.14%	0.01
LYGLloyds Banking Group plc	80.5B	5.48	21.92	10.79%	11.75%	9.93%		1.76
CFGCitizens Financial Group, Inc.	26.03B	60.61	20.00	1.31%	12.22%	6.6%	7.22%	0.51
PFSProvident Financial Services, Inc.	2.65B	20.29	19.32	63.91%	10.13%	7.51%	16.04%	0.93
CBUCommunity Bank System, Inc.	3.3B	62.73	18.24	24.44%	19.4%	10.34%	6.71%	0.57
VLYValley National Bancorp	6.7B	12.02	17.42	6.51%	10.65%	6.53%	8.18%	0.50
INDBIndependent Bank Corp.	3.8B	76.62	16.95	6.89%	19.72%	7.76%	5.51%	0.23

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Net Interest Income+	29.2M	29.15M	29.06M	37.61M	43.09M	41.83M	40.07M	42.84M	44.45M	45.96M
NII Growth %	0.55%	-0%	-0%	0.29%	0.15%	-0.03%	-0.04%	0.07%	0.04%	0.03%
Net Interest Margin %	-	-	-	-	-	-	-	-	-	-
Interest Income	31.92M	32.02M	32.43M	43.63M	51.03M	47.47M	43.47M	47.63M	62.12M	76.02M
Interest Expense	2.71M	2.87M	3.37M	5.95M	7.86M	5.56M	3.4M	4.78M	17.67M	30.06M
Loan Loss Provision	2M	2.04M	1.87M	2.52M	725K	4M	-1.13M	3.78M	-502K	570K
Non-Interest Income+	6.64M	6.42M	6.85M	7.16M	6.67M	7.02M	6.58M	7.12M	-2.09M	3.18M
Non-Interest Income %	-	-	-	-	-	-	-	-	-	-
Total Revenue+	38.56M	38.44M	39.29M	50.78M	57.7M	54.49M	50.06M	54.74M	60.03M	79.2M
Revenue Growth %	0.61%	-0%	0.02%	0.29%	0.14%	-0.06%	-0.08%	0.09%	0.1%	0.32%
Non-Interest Expense	21.98M	22.84M	24.23M	33.72M	33.07M	54.32M	33.08M	32.1M	12.58M	33.23M
Efficiency Ratio	-	-	-	-	-	-	-	-	-	-
Operating Income+	11.86M	10.69M	9.82M	8.59M	16.06M	-9.39M	14.7M	14.08M	30.29M	15.34M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	1.01%	-0.1%	-0.08%	-0.13%	0.87%	-1.58%	2.56%	-0.04%	1.15%	-0.49%
Pretax Income+	11.86M	10.69M	9.82M	8.59M	16.06M	-9.39M	14.7M	14.08M	30.29M	15.34M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	3.44M	3.11M	2.87M	1.54M	1.73M	1.25M	3.13M	2.83M	7.74M	2.75M
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	8.42M	7.58M	6.94M	7.05M	14.33M	-10.64M	11.57M	11.25M	22.55M	12.59M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	0.96%	-0.1%	-0.08%	0.02%	1.03%	-1.74%	2.09%	-0.03%	1%	-0.44%
Net Income (Continuing)	8.42M	7.58M	6.94M	7.05M	14.33M	-10.64M	11.57M	11.25M	22.55M	12.59M
EPS (Diluted)+	2.07	1.86	1.69	1.40	2.63	-1.97	2.15	2.18	4.40	2.38
EPS Growth %	0.27%	-0.1%	-0.09%	-0.17%	0.88%	-1.75%	2.09%	0.01%	1.02%	-0.46%
EPS (Basic)	2.07	1.86	1.70	1.42	2.64	-1.97	2.15	2.19	4.41	2.45
Diluted Shares Outstanding	4.07M	4.09M	4.11M	5.03M	5.45M	5.41M	5.39M	5.15M	5.12M	5.3M

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash & Short Term Investments+	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	0	1000K
Cash & Due from Banks	11.34M	14.28M	20.62M	53.35M	80.22M	160.91M	119.67M	103.7M	0	49.57M
Short Term Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	0	1000K
Total Investments+	772.73M	780.3M	859.18M	1.13B	1.14B	1.18B	1.23B	1.23B	0	1.35B
Investments Growth %	-0.02%	0.01%	0.1%	0.31%	0.01%	0.03%	0.05%	-0.01%	-1%	-
Long-Term Investments	676.86M	674.09M	735.6M	903.31M	945.34M	1.03B	1.01B	1.04B	0	1.09B
Accounts Receivables	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	0	0
Goodwill & Intangibles+	-	-	-	-	-	-	-	-	-	-
Goodwill	4.95M	4.95M	4.95M	28.43M	28.43M	9.73M	9.73M	9.73M	9.73M	9.73M
Intangible Assets	4.35M	3.82M	3.28M	10.93M	10.53M	8.4M	5.29M	3.51M	958K	466K
PP&E (Net)	10.28M	14.13M	16.71M	23.45M	22.28M	20.3M	18.4M	17.84M	21.38M	20.71M
Other Assets	18.21M	18.69M	19.15M	22.92M	24.22M	24.78M	25.33M	25.89M	-39.85M	55.68M
Total Current Assets	116.02M	130.39M	154.79M	292.66M	290.74M	319.02M	354.64M	312.2M	73.47M	309.09M
Total Non-Current Assets	714.66M	715.68M	779.7M	989.04M	1.03B	1.1B	1.07B	1.1B	0	1.17B
Total Assets+	830.68M	846.08M	934.49M	1.28B	1.32B	1.42B	1.43B	1.41B	1.46B	1.48B
Asset Growth %	-0.02%	0.02%	0.1%	0.37%	0.03%	0.07%	0.01%	-0.01%	0.04%	0.02%
Return on Assets (ROA)	0.01%	0.01%	0.01%	0.01%	0.01%	-0.01%	0.01%	0.01%	0.02%	0.01%
Accounts Payable	4.03M	3.36M	3.78M	6.44M	7.51M	8.57M	8.88M	7.58M	0	0
Total Debt+	69.81M	82.05M	64.11M	81.96M	44.57M	49.05M	56.87M	22.7M	36.46M	34.72M
Net Debt	58.47M	67.77M	43.48M	28.61M	-35.65M	-111.86M	-62.81M	-81M	36.46M	-14.85M
Long-Term Debt	28M	28M	24.5M	20M	8M	6M	14.6M	14.64M	34.68M	14.72M
Short-Term Debt	41.81M	54.05M	39.6M	61.96M	36.57M	43.05M	42.27M	8.06M	355K	20M
Other Liabilities	-9.36M	-27.03M	0	-30.98M	0	0	0	0	-38.59M	15.95M
Total Current Liabilities	725.14M	755.63M	816.73M	1.16B	1.16B	1.28B	1.28B	1.28B	980M	1.3B
Total Non-Current Liabilities	18.64M	973K	24.5M	-10.98M	8M	6M	14.6M	14.64M	0	30.67M
Total Liabilities	743.78M	756.61M	841.23M	1.14B	1.17B	1.28B	1.29B	1.3B	1.32B	1.33B
Total Equity+	86.9M	89.47M	93.26M	137.63M	151.1M	134.53M	133.12M	110.16M	139.83M	147.38M
Equity Growth %	0.06%	0.03%	0.04%	0.48%	0.1%	-0.11%	-0.01%	-0.17%	0.27%	0.05%
Equity / Assets (Capital Ratio)	-	-	-	-	-	-	-	-	-	-
Return on Equity (ROE)	0.1%	0.09%	0.08%	0.06%	0.1%	-0.07%	0.09%	0.09%	0.18%	0.09%
Book Value per Share	21.34	21.90	22.69	27.35	27.73	24.88	24.69	21.39	27.30	27.79
Tangible BV per Share	-	-	-	-	-	-	-	-	-	-
Common Stock	1.82M	1.82M	1.82M	2.37M	2.37M	2.37M	2.37M	2.38M	2.4M	2.41M
Additional Paid-in Capital	41.61M	41.86M	42.09M	83.22M	82.97M	82.72M	83.29M	83.95M	85.33M	86.37M
Retained Earnings	47.73M	51.71M	55.28M	57.84M	66.95M	51.13M	57.53M	63.86M	83.39M	90.86M
Accumulated OCI	575K	-1.18M	-1.34M	-1.44M	2.65M	3.4M	-927K	-26.24M	-16.75M	-17.23M
Treasury Stock	-4.84M	-4.75M	-4.59M	-4.37M	-3.84M	-5.09M	-9.14M	-13.8M	-14.54M	-15.03M
Preferred Stock	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	51.56M	10.57M	11.6M	13.66M	17.87M	14.08M	13.05M	14.15M	14.24M	6.75M
Operating CF Growth %	22.48%	-0.79%	0.1%	0.18%	0.31%	-0.21%	-0.07%	0.08%	0.01%	-0.53%
Net Income	8.42M	7.58M	6.94M	7.05M	14.33M	-10.64M	11.57M	11.25M	22.55M	12.59M
Depreciation & Amortization	2.57M	3.09M	2.5M	3.04M	3.73M	3.34M	2.44M	2.7M	2.74M	2.42M
Deferred Taxes	0	0	57K	-44K	-35K	-62K	-70K	-57K	-29K	-49K
Other Non-Cash Items	37.45M	-112K	2.52M	3.96M	-802K	22.83M	-3.33M	-109K	-16.87M	-5.5M
Working Capital Changes	3.13M	-342K	-778K	-842K	329K	-1.89M	1.88M	-234K	4.72M	-3.53M
Cash from Investing+	-28.95M	-17.52M	-85.89M	27.47M	-11.04M	-36.9M	-60.14M	-28.31M	-54.73M	-36.38M
Purchase of Investments	-28.28M	-77.87M	-44.66M	-11.23M	-50.2M	-68.96M	-135.01M	-26.83M	-100.21M	-70.22M
Sale/Maturity of Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Net Investment Activity	-	-	-	-	-	-	-	-	-	-
Acquisitions	0	0	0	20.63M	0	0	0	0	26.97M	0
Other Investing	-37.77M	-1.91M	-64.58M	-74.29M	-44.53M	-89.72M	26.86M	-30.21M	-63.38M	21.8M
Cash from Financing+	-23.03M	9.89M	80.63M	-8.39M	20.03M	103.51M	5.85M	-1.82M	5.01M	10.98M
Dividends Paid	-3.46M	-3.59M	-3.6M	-4.53M	-5.21M	-5.18M	-5.17M	-4.92M	-5.11M	-5.13M
Share Repurchases	0	-14K	-10K	-317K	-71K	-1.92M	-4.14M	-4.8M	-843K	-965K
Stock Issued	0	0	0	0	0	0	0	0	0	0
Net Stock Activity	-	-	-	-	-	-	-	-	-	-
Debt Issuance (Net)	-1000K	-1000K	1000K	-1000K	-1000K	1000K	1000K	-1000K	1000K	0
Other Financing	-18.2M	18.92M	75.16M	31.91M	31.72M	106.13M	7.34M	42.11M	-972K	17.08M
Net Change in Cash+	-411K	2.94M	6.34M	32.73M	26.86M	80.69M	-41.24M	-15.97M	-35.48M	-18.65M
Exchange Rate Effect	0	0	0	0	0	0	0	0	0	0
Cash at Beginning	11.75M	11.34M	14.28M	20.62M	53.35M	80.22M	160.91M	119.67M	103.7M	68.22M
Cash at End	11.34M	14.28M	20.62M	53.35M	80.22M	160.91M	119.67M	103.7M	68.22M	49.57M
Interest Paid	2.76M	2.84M	3.28M	5.78M	7.46M	5.78M	0	0	0	0
Income Taxes Paid	2.27M	2.72M	3.25M	850K	2.79M	3.01M	1.6M	3.25M	2.88M	6.34M
Free Cash Flow+	50.96M	8.03M	7.76M	8.33M	16.92M	13.76M	10.67M	13.64M	10.94M	3.44M
FCF Growth %	6.68%	-0.84%	-0.03%	0.07%	1.03%	-0.19%	-0.22%	0.28%	-0.2%	-0.69%

Banking Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	9.98%	8.6%	7.6%	6.11%	9.92%	-7.45%	8.65%	9.25%	18.04%	8.77%
Return on Assets (ROA)	1%	0.9%	0.78%	0.64%	1.1%	-0.78%	0.81%	0.79%	1.57%	0.86%
Net Interest Margin	3.52%	3.45%	3.11%	2.94%	3.26%	2.95%	2.81%	3.04%	3.05%	3.1%
Efficiency Ratio	57%	59.41%	61.66%	66.4%	57.3%	99.69%	66.09%	58.64%	20.95%	41.95%
Equity / Assets	10.46%	10.57%	9.98%	10.75%	11.43%	9.5%	9.34%	7.82%	9.59%	9.95%
Book Value / Share	21.34	21.9	22.69	27.35	27.73	24.88	24.69	21.39	27.3	27.79
NII Growth	54.66%	-0.18%	-0.3%	29.41%	14.57%	-2.93%	-4.2%	6.93%	3.74%	3.4%
Dividend Payout	41.1%	47.39%	51.8%	64.22%	36.4%	-	44.67%	43.74%	22.67%	40.73%

Revenue by Segment

	2018	2020	2021	2022	2023	2024
Deposit Account	-	2.21M	2.33M	2.16M	1.82M	1.68M
Deposit Account Growth	-	-	5.67%	-7.34%	-15.79%	-7.64%
Financial Service, Other	-	479K	521K	669K	521K	251K
Financial Service, Other Growth	-	-	8.77%	28.41%	-22.12%	-51.82%
Insurance Commissions	-	4.88M	5.62M	5.93M	5.84M	6K
Insurance Commissions Growth	-	-	15.13%	5.66%	-1.60%	-99.90%
Wealth Management Referral Fees, Check Sales, and Safety Deposit Box Rentals	460K	-	-	-	-	-
Wealth Management Referral Fees, Check Sales, and Safety Deposit Box Rentals Growth	-	-	-	-	-	-

Frequently Asked Questions

Valuation & Price

CB Financial Services, Inc. (CBFV) has a price-to-earnings (P/E) ratio of 14.6x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

CB Financial Services, Inc. (CBFV) grew revenue by 31.9% over the past year. This is strong growth.

Yes, CB Financial Services, Inc. (CBFV) is profitable, generating $2.7M in net income for fiscal year 2024 (15.9% net margin).

Dividend & Returns

Yes, CB Financial Services, Inc. (CBFV) pays a dividend with a yield of 2.79%. This makes it attractive for income-focused investors.

CB Financial Services, Inc. (CBFV) has a return on equity (ROE) of 8.8%. This is below average, suggesting room for improvement.

Industry Metrics

CB Financial Services, Inc. (CBFV) has a net interest margin (NIM) of 3.1%. This indicates healthy earnings from lending activities.

CB Financial Services, Inc. (CBFV) has an efficiency ratio of 42.0%. This is excellent, indicating strong cost control.

US Stock Screener

...