CB Financial Services Inc

communitybank.tv

What Do They Do?

Offers deposit accounts and loans to individuals and businesses.

How Do They Make Money?

Earns interest on loans and securities as it accrues; customers are charged service fees periodically or based on activity.

revenue

Segment	Share	Revenue
Service Fees	89% FY2022: 25%
Insurance Commissions	0.2% FY2022: 68%
Other Commissions	10% FY2022: 7.6%

Who Are Their Customers?

Serves individuals and businesses in its market area with deposit products and loans. Loan customers come through the Bank’s marketing, existing customer relationships and referrals from brokers, builders and local businesses.

Do Revenues Turn Into Profits?

Yes. It kept 6 cents of every revenue dollar as net income in FY2025 and turned 23 cents into free cash flow.

Net income, FY2025

6% of revenue

▼ −61% vs FY2024 ($12.6M, 17%)

Free cash flow, FY2025

23% of revenue

▲ +399% vs FY2024 ($3.4M, 5%)

How Are They Changing?

Since the FY2025 annual report

Latest quarter: Q2 FY2026, the three months to Jun 30, 2026

Revenue: ▲ +11%; vs $18.8M in Q2 FY2025
Net income: ▲ +9%; vs $3.9M in Q2 FY2025

Service Fees share of revenue from contract with customer, excluding assessed tax vs 89.3% in Q2 FY2025

May 11, 2026 Bank disclosed exposure of customer information in a cybersecurity incident Information included customer names, social security numbers and dates of birth; the investigation remains ongoing.

Growing. Revenue grew 74% in 4 years, from $43.6M in FY2021 to $75.9M in FY2025, about 15% a year.

Insurance agency sale The older report describes Exchange Underwriters as an active agency offering insurance products; the latest says it sold substantially all its assets to World and later merged into the Bank.

Revenue over time

Service Fees Insurance Commissions Other Commissions

$50M$25M$0

FY2021 FY2022 FY2023 FY2024 FY2025

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