Download PDF

1. Company Snapshot

1.a. Company Description

CB 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 Full description

1.b. Last Insights on CBFV

The recent performance of CB Financial Services, Inc. was negatively impacted by a decline in earnings, with the company reporting a quarterly earnings of $0.50 per share, falling short of the year-ago figure of $0.62 per share. The decrease in earnings was a notable contrast to the company's strong performance in the past. Additionally, the completion of the 5% common stock repurchase program, which saw the company purchase 257,145 shares at an average price of $28.70 per share, may have reduced the company's ability to invest in growth initiatives.

1.c. Company Highlights

2. Transcript Summary

Unfortunately this company is not part of our coverage yet. But as part of your subscription plan you can request it by clicking just below and we'll process.

Request Coverage

3. NewsRoom

Card image cap

Craig L. Kauffman Joins Boards of Directors of CB Financial Services, Inc.

Nov -24

Source: businesswire.com

Card image cap

Is CB Financial Services (CBFV) Stock Outpacing Its Finance Peers This Year?

Nov -11

Source: zacks.com

Card image cap

CB Financial Services (CBFV) Beats Q3 Earnings and Revenue Estimates

Oct -23

Source: zacks.com

Card image cap

CB Financial Services, Inc. Authorizes New Stock Repurchase Program of up to $5 Million

Sep -04

Source: businesswire.com

Card image cap

CB Financial Services, Inc. Repositions Balance Sheet

Sep -02

Source: businesswire.com

Card image cap

Here's Why CB Financial Services (CBFV) Is a Great 'Buy the Bottom' Stock Now

Aug -12

Source: zacks.com

Card image cap

CB Financial Services (CBFV) Just Flashed Golden Cross Signal: Do You Buy?

Aug -07

Source: zacks.com

Card image cap

Earnings Estimates Rising for CB Financial Services (CBFV): Will It Gain?

Jul -31

Source: zacks.com

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (7.66%)

6. Segments

Community Banking

Expected Growth: 7.43%

Community Banking from CB Financial Services, Inc. achieved 7.43% growth driven by strategic branch expansions, increased lending activities, and a focus on customer relationships. Additionally, investments in digital banking platforms and cost-saving initiatives contributed to the growth. The bank's commitment to community development and small business support also fueled growth in deposits and loans.

Insurance Brokerage Services

Expected Growth: 8.37%

CB Financial Services, Inc.'s Insurance Brokerage Services segment growth of 8.37% is driven by increasing demand for risk management solutions, expansion into new markets, and strategic partnerships. Additionally, the rise of digital platforms and data analytics has improved operational efficiency, enabling the company to offer competitive pricing and enhanced customer experience, thereby driving revenue growth.

Net Eliminations

Expected Growth: 5.4%

The 5.4% growth in Net Eliminations from CB Financial Services, Inc. is driven by increasing demand for financial services, expansion into new markets, and strategic partnerships. Additionally, the company's focus on digital transformation, cost savings initiatives, and improved operational efficiency have contributed to the growth.

7. Detailed Products

Community Banking

Provides traditional banking services to individuals and businesses, including checking and savings accounts, loans, credit cards, and investment services.

Wealth Management

Offers investment and wealth management services, including financial planning, investment management, and trust services.

Mortgage Banking

Provides residential and commercial mortgage lending services, including loan origination, servicing, and secondary marketing.

Insurance Services

Offers insurance products, including life insurance, long-term care insurance, and annuities.

Treasury Management

Provides cash management services, including account management, payment processing, and fraud prevention.

8. CB Financial Services, Inc.'s Porter Forces

Forces Ranking

Threat Of Substitutes

The threat of substitutes for CB Financial Services, Inc. is medium due to the availability of alternative financial services and products offered by other companies.

Bargaining Power Of Customers

The bargaining power of customers for CB Financial Services, Inc. is low due to the lack of concentration of buyers and the limited ability of individual customers to influence prices.

Bargaining Power Of Suppliers

The bargaining power of suppliers for CB Financial Services, Inc. is medium due to the moderate concentration of suppliers and the availability of alternative suppliers.

Threat Of New Entrants

The threat of new entrants for CB Financial Services, Inc. is high due to the relatively low barriers to entry and the attractiveness of the financial services industry.

Intensity Of Rivalry

The intensity of rivalry for CB Financial Services, Inc. is high due to the high level of competition in the financial services industry and the presence of many established players.

9. SWOT Analysis

Strength

Weaknesses

Opportunities

Threats

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight 20.03%
Debt Cost 4.45%
Equity Weight 79.97%
Equity Cost 6.68%
WACC 6.23%
Leverage 25.05%

11. Quality Control: CB Financial Services, Inc. passed 4 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Stock-Card
First Financial

A-Score: 7.0/10

Value: 7.3

Growth: 5.4

Quality: 6.0

Yield: 7.0

Momentum: 8.5

Volatility: 8.0

1-Year Total Return ->

View Full Report
Stock-Card
CB Financial Services

A-Score: 6.9/10

Value: 6.3

Growth: 4.8

Quality: 6.9

Yield: 7.0

Momentum: 8.0

Volatility: 8.7

1-Year Total Return ->

View Full Report
Stock-Card
Hanmi Financial

A-Score: 6.5/10

Value: 5.9

Growth: 5.2

Quality: 5.6

Yield: 8.0

Momentum: 8.0

Volatility: 6.3

1-Year Total Return ->

View Full Report
Stock-Card
Bankwell Financial Group

A-Score: 6.5/10

Value: 6.8

Growth: 6.1

Quality: 5.4

Yield: 4.0

Momentum: 9.0

Volatility: 7.7

1-Year Total Return ->

View Full Report
Stock-Card
Oriental

A-Score: 6.4/10

Value: 7.1

Growth: 7.2

Quality: 7.2

Yield: 5.0

Momentum: 4.0

Volatility: 8.0

1-Year Total Return ->

View Full Report
Stock-Card
Orrstown Financial Services

A-Score: 6.1/10

Value: 6.8

Growth: 5.0

Quality: 6.7

Yield: 6.0

Momentum: 4.0

Volatility: 8.0

1-Year Total Return ->

View Full Report

Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

35.49$

Current Price

35.49$

Potential

-0.00%

Expected Cash-Flows