CB Financial Services Q3 2023 Earnings Report

CB Financial Services EPS Results

• Actual EPS: $0.52
• Consensus EPS: $0.60
• Beat/Miss: Missed by -$0.08
• One Year Ago EPS: N/A

CB Financial Services Revenue Results

• Actual Revenue: $13.13 million
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

CB Financial Services Announcement Details

• Quarter: Q3 2023
• Date: 10/27/2023
• Time: N/A
• Conference Call Date: Thursday, October 26, 2023
• Conference Call Time: 2:00PM ET

CB Financial Services (NASDAQ:CBFV) is a bank holding company headquartered in the Kansas City metropolitan area. Through its subsidiary, Community Bank & Trust, F.S.B., the company provides a comprehensive suite of retail and commercial banking services. Its primary focus is meeting the financial needs of individuals, small businesses and agricultural clients within its regional footprint.

The company’s deposit product lineup includes checking accounts, savings accounts, money market accounts and certificates of deposit. On the lending side, Community Bank & Trust offers commercial real estate loans, construction and development financing, agricultural loans, home mortgage loans, home equity lines of credit and various consumer loan products. Ancillary services such as online banking, mobile banking, cash management and merchant services complement its core deposit and lending offerings.

Established in the mid-2000s, CB Financial Services has grown organically by expanding its branch network across select communities in Missouri and Kansas. The bank targets relationship-driven banking, emphasizing personalized service and local decision-making. While relatively modest in size compared with larger regional institutions, it positions itself on the strength of community engagement and tailored financial solutions for its customers.