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Companies / Financials / CB Financial Services, Inc.
CBFV

CB Financial Services, Inc.

FinancialsBanks & Brokers
Ticker CBFVCARMICHAELS, PAFiscal year ends DecemberBook value per share $30.47Diluted shares 5.3M

CB Financial Services, Inc. (Nasdaq: CBFV) is a bank holding company that conducts its business primarily through Community Bank, a Pennsylvania-chartered commercial bank serving individuals and businesses. The Bank offers residential and commercial real estate loans, commercial and industrial financing, consumer… From the company’s description.

Over the twelve months to Jun 30, 2026, CB Financial Services, Inc. reported revenue of $48.32M, down 6.1% from a year earlier, and net income of $7.21M. In fiscal 2025, it reported revenue of $43.55M, down 15.5% from fiscal 2024, and net income of $4.90M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$43.55MFY2025
−15.5% year over year
Last 12 mo $48.32M
0.00%FY2025
$4.90MFY2025
−61.1% year over year
Last 12 mo $7.21M
3.11%FY2025
−5.4 percentage points
Last 12 mo 4.45%
Cash & financing
$17.81MFY2025
+163.8% year over year
Last 12 mo $20.09M
$17.16MFY2025
+399.5% year over year
Last 12 mo $19.53M
8.73FY2025
Was 8.94× a year earlier
Last 12 mo 9.13
5.3MFY2025
+0.1% year over year
Last 12 mo 5.3M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What CB Financial Services, Inc. does

In the company’s own words

CB Financial Services, Inc. (Nasdaq: CBFV) is a bank holding company that conducts its business primarily through Community Bank, a Pennsylvania-chartered commercial bank serving individuals and businesses. The Bank offers residential and commercial real estate loans, commercial and industrial financing, consumer loans, and deposit products, with lending and depository services centered on southwestern Pennsylvania and extending into West Virginia and other states. It operates nine offices in Pennsylvania and three in West Virginia, along with loan production offices and operational facilities. The Company reports its banking operations as its core business; its former insurance subsidiary, Exchange Underwriters, sold substantially all of its assets in 2023 and merged into the Bank in 2025. Community Bank traces its origins to 1901 and became a Pennsylvania-chartered bank subsidiary in 2006. At December 31, 2025, the Company had $1.55 billion in total assets, and the Bank had 169 full-time and five part-time employees. Its website is https://www.cb.bank.

Company details
Sector
Financials
Industry (SIC)
Banks & Brokers
Headquarters
CARMICHAELS, PA
Fiscal year end
December
CIK
1605301
SIC
6022

Financial performance, year by year

Fiscal 2014–2025 · USD
$-18.56M$5.20M$28.96M$52.72M$76.49M201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns CB Financial Services, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

93
funds hold it
0 of 35
superinvestors hold it
$30.33M
held by funds, at market
16.1%
of shares held by funds

Largest fund holders · CB Financial Services, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.00%of fund net assets
Regional Bank Fund
FRBAX · John Hancock Investment Trust II
—of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do CB Financial Services, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of CB Financial Services, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
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