CB Financial Services
Market Cap
US$115.2m
Last Updated
2021/03/03 00:08 UTC
Data Sources
Company Financials +
Executive Summary
CB Financial Services, Inc. operates as the bank holding company for Community Bank that provides various banking products and services for individuals and businesses southwestern Pennsylvania, West Virginia, and Ohio. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet with moderate growth potential.
Similar Companies
Share Price & News
How has CB Financial Services's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CBFV is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: CBFV's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
8.7%
CBFV
0.07%
US Banks
-0.7%
US Market
1 Year Return
-25.0%
CBFV
22.7%
US Banks
36.6%
US Market
Return vs Industry: CBFV underperformed the US Banks industry which returned 22.7% over the past year.
Return vs Market: CBFV underperformed the US Market which returned 36.6% over the past year.
Shareholder returns
| CBFV | Industry | Market | |
|---|---|---|---|
| 7 Day | 8.7% | 0.07% | -0.7% |
| 30 Day | 17.7% | 18.7% | 4.3% |
| 90 Day | -5.4% | 24.5% | 8.1% |
| 1 Year | -20.9%-25.0% | 27.2%22.7% | 39.6%36.6% |
| 3 Year | -17.9%-27.3% | 12.7%3.1% | 53.5%43.7% |
| 5 Year | 26.4%5.4% | 101.4%75.9% | 123.7%98.8% |
Long-Term Price Volatility Vs. Market
How volatile is CB Financial Services's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
Don't Buy CB Financial Services, Inc. (NASDAQ:CBFV) For Its Next Dividend Without Doing These Checks1 month ago | Simply Wall St
Something To Consider Before Buying CB Financial Services, Inc. (NASDAQ:CBFV) For The 4.9% Dividend3 months ago | Simply Wall St
Dividend Investors: Don't Be Too Quick To Buy CB Financial Services, Inc. (NASDAQ:CBFV) For Its Upcoming DividendValuation
Is CB Financial Services undervalued compared to its fair value and its price relative to the market?
0.86x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: CBFV ($21.19) is trading above our estimate of fair value ($16.07)
Significantly Below Fair Value: CBFV is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CBFV is unprofitable, so we can't compare its PE Ratio to the US Banks industry average.
PE vs Market: CBFV is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CBFV's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CBFV is good value based on its PB Ratio (0.9x) compared to the US Banks industry average (1x).
Next Steps
Future Growth
How is CB Financial Services forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
106.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CBFV is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: CBFV is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: CBFV's is expected to become profitable in the next 3 years.
Revenue vs Market: CBFV's revenue (4.6% per year) is forecast to grow slower than the US market (10.3% per year).
High Growth Revenue: CBFV's revenue (4.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CBFV's Return on Equity is forecast to be low in 3 years time (6.3%).
Next Steps
Past Performance
How has CB Financial Services performed over the past 5 years?
-11.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CBFV is currently unprofitable.
Growing Profit Margin: CBFV is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CBFV is unprofitable, and losses have increased over the past 5 years at a rate of 11.7% per year.
Accelerating Growth: Unable to compare CBFV's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CBFV is unprofitable, making it difficult to compare its past year earnings growth to the Banks industry (0.6%).
Return on Equity
High ROE: CBFV has a negative Return on Equity (-7.91%), as it is currently unprofitable.
Next Steps
Financial Health
How is CB Financial Services's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: CBFV's Assets to Equity ratio (10.5x) is moderate.
Allowance for Bad Loans: CBFV has a low allowance for bad loans (88%).
Low Risk Liabilities: 96% of CBFV's liabilities are made up of primarily low risk sources of funding.
Loan Level: CBFV has an appropriate level of Loans to Assets ratio (73%).
Low Risk Deposits: CBFV's Loans to Deposits ratio (84%) is appropriate.
Level of Bad Loans: CBFV has an appropriate level of bad loans (1.4%).
Next Steps
Dividend
What is CB Financial Services's current dividend yield, its reliability and sustainability?
4.53%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CBFV's dividend (4.53%) is higher than the bottom 25% of dividend payers in the US market (1.32%).
High Dividend: CBFV's dividend (4.53%) is in the top 25% of dividend payers in the US market (3.72%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, CBFV has been paying a dividend for less than 10 years.
Growing Dividend: CBFV's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: CBFV is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: CBFV's dividends in 3 years are forecast to be covered by earnings (62.3% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.2yrs
Average management tenure
CEO
John Montgomery (58 yo)
0.58
Tenure
Mr. John H. Montgomery has been President, Chief Executive Officer and Director of CB Financial Services, Inc. and Community Bank since August 31, 2020. He has been Chief Credit Officer and Executive Vice ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Senior VP of Insurance Operations & Director | 6.42yrs | US$461.66k | 0.35% $ 405.8k | |
| President | 0.58yr | no data | 0.18% $ 203.4k | |
| CFO & Executive VP | 1.83yrs | no data | 0.25% $ 290.4k | |
| Executive Consultant & Director Emeritus | 2.17yrs | US$404.57k | 1.14% $ 1.3m | |
| Corporate Secretary | no data | no data | no data |
1.2yrs
Average Tenure
60yo
Average Age
Experienced Management: CBFV's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Senior VP of Insurance Operations & Director | 6.42yrs | US$461.66k | 0.35% $ 405.8k | |
| President | 0.58yr | no data | 0.18% $ 203.4k | |
| Executive Consultant & Director Emeritus | 2.17yrs | US$404.57k | 1.14% $ 1.3m | |
| Independent Director | 25.17yrs | US$64.96k | 0.37% $ 431.5k | |
| Independent Director | 6.42yrs | US$68.56k | 2.23% $ 2.6m | |
| Independent Director | 6.42yrs | US$64.96k | 0.25% $ 293.0k | |
| Senior Executive VP | 2.17yrs | US$366.57k | 1.22% $ 1.4m | |
| Independent Director | 25.17yrs | US$75.76k | 0.33% $ 385.6k | |
| Independent Director | 14.67yrs | US$68.56k | 0.72% $ 827.1k | |
| Independent Director | 19.17yrs | US$64.96k | 0.46% $ 530.2k | |
| Independent Vice Chairman | 1.83yrs | US$78.56k | 0.28% $ 324.2k | |
| Independent Chairman of the Board | 1.83yrs | US$84.96k | 0.26% $ 304.1k |
6.4yrs
Average Tenure
63.5yo
Average Age
Experienced Board: CBFV's board of directors are considered experienced (6.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CBFV insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
CB Financial Services, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: CB Financial Services, Inc.
- Ticker: CBFV
- Exchange: NasdaqGM
- Founded: 1901
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$115.154m
- Shares outstanding: 5.43m
- Website: https://www.communitybank.tv
Number of Employees
Location
- CB Financial Services, Inc.
- 100 North Market Street
- Carmichaels
- Pennsylvania
- 15320
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CBFV | NasdaqGM (Nasdaq Global Market) | Yes | Common Shares | US | USD | Aug 1995 |
Biography
CB Financial Services, Inc. operates as the bank holding company for Community Bank that provides various banking products and services for individuals and businesses southwestern Pennsylvania, West Virgin...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/03 00:08 |
| End of Day Share Price | 2021/03/02 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.