CB Financial Services, Inc. (CBFV) Income Statement
CBFV 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsCBFV revenue and net income
Where CBFV's revenue goes
2025Each bar shows an amount and its share of revenue. CBFV kept 7.1% of revenue as net income.
CBFV profit margins
CBFV growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −13.3% | +7.8% | +4.7% | +5.9% |
| Gross profit | −11.7% | −2.4% | −0.9% | +2.4% |
| Operating income | −65.5% | −27.8% | — | −7.7% |
| Net income | −61.1% | −24.2% | — | −5.3% |
| EPS (diluted) | +32.4% | +7.9% | +11.6% | +2.7% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
CBFV quarterly EPS vs estimates
CB Financial Services beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: October 22, 2026 (estimate $0.82).
CBFV income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $68.6M | $79.2M | $60.0M | $54.7M | $50.1M | $54.5M | $57.7M | $50.8M | $39.3M | $38.4M |
| Cost of revenue | $25.8M | $30.6M | $17.2M | $8.6M | $2.3M | $9.6M | $8.6M | $8.5M | $5.2M | $4.9M |
| Gross profit | $42.9M | $48.6M | $42.9M | $46.2M | $47.8M | $44.9M | $49.1M | $42.3M | $34.0M | $33.5M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $1.6M | $20.3M | $23.0M | $19.9M | $21.9M | $23.4M | $22.3M | $19.4M | $15.0M | $14.2M |
| Total operating expenses | $37.6M | $33.2M | $12.6M | $32.1M | $33.1M | $54.3M | $33.1M | $33.7M | $24.2M | $22.8M |
| Operating income | $5.3M | $15.3M | $30.3M | $14.1M | $14.7M | −$9.4M | $16.1M | $8.6M | $9.8M | $10.7M |
| Interest income | $75.9M | $76.0M | $59.1M | $47.6M | $43.5M | $47.5M | $50.9M | $43.6M | $32.4M | $32.0M |
| Interest expense | $25.2M | $30.1M | $17.7M | $4.8M | $3.4M | $5.6M | $7.9M | $5.9M | $3.4M | $2.9M |
| Income before taxes | $5.3M | $15.3M | $30.3M | $14.1M | $14.7M | −$9.4M | $16.1M | $8.6M | $9.8M | $10.7M |
| Income taxes | $397,000 | $2.7M | $7.7M | $2.8M | $3.1M | $1.2M | $1.7M | $1.5M | $2.9M | $3.1M |
| Net income | $4.9M | $12.6M | $22.6M | $11.2M | $11.6M | −$10.6M | $14.3M | $7.1M | $6.9M | $7.6M |
| EBITDA | $7.1M | $17.8M | $33.0M | $16.8M | $17.1M | −$6.1M | $19.8M | $11.6M | $12.3M | $13.8M |
| EPS (diluted) | $2.70 | $2.04 | $4.62 | $2.15 | $2.00 | $1.56 | $2.63 | $1.64 | $1.67 | $1.83 |
| Gross margin | 62.5% | 61.3% | 71.4% | 84.4% | 95.4% | 82.4% | 85.1% | 83.3% | 86.7% | 87.2% |
| Operating margin | 7.7% | 19.4% | 50.4% | 25.7% | 29.4% | −17.2% | 27.8% | 16.9% | 25.0% | 27.8% |
| Net margin | 7.1% | 15.9% | 37.6% | 20.5% | 23.1% | −19.5% | 24.8% | 13.9% | 17.7% | 19.7% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $21.9M | $20.6M | $21.7M | $8.7M | $19.7M | $18.6M | $20.2M | $20.4M | $19.2M | $19.3M | $8.4M | $18.0M |
| Cost of revenue | $6.4M | $6.0M | $6.5M | $6.5M | $6.2M | $6.5M | $8.6M | $8.3M | $7.4M | $6.4M | $4.4M | $5.6M |
| Gross profit | $15.5M | $14.6M | $15.1M | $2.2M | $13.5M | $12.1M | $11.6M | $12.1M | $11.8M | $13.0M | $4.1M | $12.4M |
| Sales, general & admin | $7.1M | $7.0M | $6.8M | $5.9M | $5.7M | $6.8M | $5.9M | $4.9M | $4.7M | $4.8M | $6.5M | $5.7M |
| Total operating expenses | $10.4M | $10.0M | $9.9M | $9.2M | $8.7M | $9.8M | $8.5M | $8.2M | $8.6M | $7.9M | −$14.2M | $9.2M |
| Operating income | $5.1M | $4.6M | $5.3M | −$7.0M | $4.7M | $2.3M | $3.1M | $4.0M | $3.2M | $5.1M | $18.3M | $3.2M |
| Interest income | $20.9M | $19.6M | $20.0M | $19.3M | $18.8M | $17.8M | $19.4M | $19.7M | $18.9M | $18.0M | $16.9M | $15.8M |
| Interest expense | $6.4M | $5.8M | $6.2M | $6.2M | $6.2M | $6.5M | $7.9M | $8.3M | $7.5M | $6.4M | $5.8M | $5.2M |
| Income before taxes | $5.1M | $4.6M | $5.3M | −$7.0M | $4.7M | $2.3M | $3.1M | $4.0M | $3.2M | $5.1M | $18.3M | $3.2M |
| Income taxes | $798,000 | $714,000 | $528,000 | −$1.3M | $766,000 | $427,000 | $522,000 | $747,000 | $560,000 | $920,000 | $5.3M | $564,000 |
| Net income | $4.3M | $3.9M | $4.7M | −$5.7M | $3.9M | $1.9M | $2.5M | $3.2M | $2.6M | $4.2M | $13.0M | $2.7M |
| EBITDA | $5.1M | $5.0M | $5.7M | −$6.6M | $5.2M | $2.8M | $3.5M | $4.5M | $3.9M | $5.8M | $18.9M | $3.9M |
| EPS (diluted) | $0.81 | $0.72 | $0.72 | $0.74 | $0.74 | $0.50 | $0.35 | $0.55 | $0.52 | $0.62 | $2.61 | $0.61 |
| Gross margin | 70.8% | 70.8% | 69.9% | 24.9% | 68.4% | 65.1% | 57.5% | 59.4% | 61.4% | 67.1% | 48.5% | 69.1% |
| Operating margin | 23.3% | 22.2% | 24.3% | −81.1% | 23.9% | 12.5% | 15.1% | 19.4% | 16.7% | 26.4% | 216.8% | 18.0% |
| Net margin | 19.7% | 18.8% | 21.9% | −65.8% | 20.1% | 10.2% | 12.5% | 15.8% | 13.8% | 21.7% | 153.5% | 14.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in CBFV's financial statements (latest annual report filed March 13, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CBFV financial results
In fiscal year 2025 (ended December 31, 2025), CB Financial Services reported revenue of $68.6 million, down 13.3% from the year before. It had net income of $4.9 million (down 61.1%), a net profit margin of 7.1%. Diluted earnings per share came to $2.70. Over five years revenue grew at an average rate of 4.7% a year.
See the CBFV stock overview for the latest quote and news, or the CBFV chart for price history and technical indicators.
CBFV income statement FAQ
What is CB Financial Services's annual revenue?
CB Financial Services reported total revenue of $68.6 million for fiscal year 2025, which ended on December 31, 2025. That was down 13.3% from $79.2 million the previous year.
Is CB Financial Services profitable?
Yes. CB Financial Services reported net income of $4.9 million in fiscal 2025, a net profit margin of 7.1%; its operating margin was 7.7%.
What is CB Financial Services's gross margin?
CB Financial Services's gross margin was 62.5% in fiscal 2025: for every $100 of revenue, CB Financial Services kept $62 after the direct cost of its products and services.
How fast is CB Financial Services growing?
Revenue grew 4.7% a year on average over the last five fiscal years, from $54.5 million to $68.6 million.
What are CB Financial Services's earnings per share?
CB Financial Services earned $2.70 per diluted share in fiscal 2025, compared with $2.04 a year earlier.
When will CB Financial Services report its next earnings?
CB Financial Services is expected to report results for the quarter ending September 30, 2026 on October 22, 2026.
When does CB Financial Services's fiscal year end?
CB Financial Services's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 13, 2026.