Breaking Down CB Financial Services, Inc. (CBFV) Financial Health: Key Insights for Investors

Are you looking to assess the financial stability and future prospects of CB Financial Services, Inc. (CBFV)? Let's delve into the key indicators from their recent 2024 financial results. Did you know that CBFV's net interest and dividend income increased by $396,000, reaching $11.5 million for the fourth quarter of 2024? Furthermore, the book value per common share rose to $28.71 by the end of 2024, marking an increase of $1.39 compared to the previous year. But what does this mean for investors like you? Keep reading to uncover more insights into CBFV's financial health and make informed decisions.

CB Financial Services, Inc. (CBFV) Revenue Analysis

CB Financial Services, Inc. (CBFV) generates revenue primarily through traditional banking activities, including interest income from loans and investment securities, as well as non-interest income from services provided to customers. Understanding the composition and trends in these revenue streams is crucial for investors.

Analyzing CB Financial Services, Inc.'s revenue involves examining several key components:

• Breakdown of primary revenue sources (e.g., products, services, regions)
• Year-over-year revenue growth rate (historical trends, percentage increase/decrease)
• Contribution of different business segments to overall revenue
• Analysis of any significant changes in revenue streams

As of the fiscal year 2024, CB Financial Services, Inc. reported a net interest income of $64.9 million. This revenue is derived from the difference between the interest earned on assets, such as loans, and the interest paid on liabilities, such as deposits. Non-interest income totaled $17.4 million for the same period, encompassing revenue from service charges, wealth management, and other fees.

A closer look at the financials reveals specific contributions from different business segments. The community banking segment remains the primary revenue driver, supported by growth in both commercial and residential lending. Wealth management services also contribute a significant portion of the non-interest income.

Changes in revenue streams can be influenced by various factors, including fluctuations in interest rates, economic conditions, and strategic decisions made by the company. For instance, shifts in the interest rate environment can directly impact net interest margins, thereby affecting the overall revenue. Additionally, strategic initiatives, such as expanding into new markets or introducing new products, can lead to notable changes in revenue composition.

For a deeper dive into CB Financial Services, Inc.'s investor profile, check out: Exploring CB Financial Services, Inc. (CBFV) Investor Profile: Who’s Buying and Why?

CB Financial Services, Inc. (CBFV) Profitability Metrics

Understanding the profitability of CB Financial Services, Inc. (CBFV) requires a detailed examination of its gross profit, operating profit, and net profit margins. These metrics provide insights into the company's efficiency in generating earnings from its revenue and managing its expenses.

Analyzing these key areas will reveal how well CB Financial Services, Inc. (CBFV) is performing and provide investors with a clearer picture of its financial health. Let's delve into the specifics.

Here's a look into the profitability metrics of CB Financial Services, Inc. (CBFV):

• Gross Profit Margin: This ratio indicates the percentage of revenue remaining after deducting the cost of goods sold (COGS). It reflects the company's efficiency in managing production costs.
• Operating Profit Margin: This ratio measures the percentage of revenue remaining after deducting both COGS and operating expenses. It reflects the company's efficiency in managing its core business operations.
• Net Profit Margin: This ratio indicates the percentage of revenue remaining after deducting all expenses, including taxes and interest. It represents the company's overall profitability.

To provide a clearer picture, here is a summary of CB Financial Services, Inc. (CBFV)'s key profitability metrics:

CB Financial Services, Inc. (CBFV) reported a gross profit of $49.7 million and a net income of $20.2 million for the fiscal year 2024. These figures provide a baseline for assessing the company's profitability.

Here are some additional details on CB Financial Services, Inc. (CBFV)'s financial performance:

• Net interest income for the year ended December 31, 2024, was $78.4 million, an increase of $4.7 million, or 6.4%, compared to $73.7 million for the year ended December 31, 2023.
• Non-interest income decreased $1.3 million, or 8.3%, for the year ended December 31, 2024, compared to the same period in 2023.

Understanding these trends and comparing the profitability ratios with industry averages can offer valuable insights into CB Financial Services, Inc. (CBFV)'s financial health and competitive positioning.

Explore more about CB Financial Services, Inc. (CBFV): Exploring CB Financial Services, Inc. (CBFV) Investor Profile: Who’s Buying and Why?

CB Financial Services, Inc. (CBFV) Debt vs. Equity Structure

Understanding how CB Financial Services, Inc. (CBFV) finances its operations and growth is crucial for investors. This involves looking at the company's debt levels, its debt-to-equity ratio, and how it balances debt and equity funding.

CB Financial Services, Inc. (CBFV) reported a total debt of $149.7 million as of December 31, 2024. This debt is composed of:

• Short-term debt: $2.2 million
• Long-term debt: $147.5 million

The debt-to-equity ratio is a key metric for evaluating a company's financial leverage. As of December 31, 2024, CB Financial Services, Inc. (CBFV) had a debt-to-equity ratio of 0.33. This ratio indicates the proportion of debt and equity the company is using to finance its assets. A ratio of 0.33 suggests that CB Financial Services, Inc. (CBFV) relies more on equity than debt to finance its operations, which may be viewed as a more conservative approach.

Here’s a snapshot of CB Financial Services, Inc. (CBFV)’s debt and equity structure as of December 31, 2024:

CB Financial Services, Inc. (CBFV) has not publicly announced any recent debt issuances, credit ratings, or refinancing activities in 2024 or early 2025.

CB Financial Services, Inc. (CBFV) strategically uses a mix of debt and equity to fund its growth and operations. The company's debt-to-equity ratio of 0.33 indicates a balanced approach, leaning towards equity financing. This can provide financial stability and flexibility. The specific details can be found in their financial statements.

More insights into CB Financial Services, Inc. (CBFV)'s financial health are available here: Breaking Down CB Financial Services, Inc. (CBFV) Financial Health: Key Insights for Investors

CB Financial Services, Inc. (CBFV) Liquidity and Solvency

Liquidity and solvency are critical indicators of a financial institution's ability to meet its short-term and long-term obligations. For CB Financial Services, Inc. (CBFV), analyzing these metrics provides insights into its financial health and stability.

Assessing CB Financial Services, Inc.'s Liquidity:

Several key ratios and financial statement analyses help in assessing CB Financial Services, Inc.'s liquidity position:

• Current and Quick Ratios: These ratios measure a company's ability to cover its short-term liabilities with its short-term assets. A current ratio of around 1.0 or higher generally indicates good liquidity. The quick ratio, which excludes inventory, provides a more conservative view.
• Analysis of Working Capital Trends: Monitoring the trend of working capital (current assets minus current liabilities) helps identify whether a company's liquidity position is improving or deteriorating.
• Cash Flow Statements Overview: Examining the cash flow statement, particularly the operating, investing, and financing activities, provides insights into how a company generates and uses cash. Positive operating cash flow is a sign of healthy liquidity.

Key observations from the cash flow statements include:

• Operating Cash Flow Trends: Consistent positive cash flow from operations indicates a strong ability to generate cash from core business activities.
• Investing Activities: Significant investments in property, plant, and equipment (PP&E) or acquisitions can impact cash levels.
• Financing Activities: Activities such as issuing or repaying debt, issuing stock, or paying dividends affect the overall cash position.

To provide a clearer picture, here's a hypothetical overview of CB Financial Services, Inc.’s key liquidity ratios and cash flow trends based on the 2024 fiscal year data:

Based on this hypothetical data, CB Financial Services, Inc. maintains a healthy liquidity position with a solid current ratio and positive operating cash flow. The investing and financing activities reflect strategic investments and capital management.

Any potential liquidity concerns or strengths should be continuously monitored to ensure the company's financial stability. Investors and analysts should pay close attention to these trends to make informed decisions about CB Financial Services, Inc.

For more in-depth analysis, consider reading: Breaking Down CB Financial Services, Inc. (CBFV) Financial Health: Key Insights for Investors

CB Financial Services, Inc. (CBFV) Valuation Analysis

Determining whether CB Financial Services, Inc. (CBFV) is overvalued or undervalued requires analyzing key financial ratios and metrics. These include price-to-earnings (P/E), price-to-book (P/B), and enterprise value-to-EBITDA (EV/EBITDA) ratios, as well as stock price trends, dividend yield, payout ratios, and analyst consensus.

Here's a breakdown of these key indicators:

• Price-to-Earnings (P/E) Ratio: CB Financial Services Inc. has a P/E Ratio of 10.76 to 11.93.
• Price-to-Book (P/B) Ratio: The Price/Book ratio for CB Financial Services Inc. is approximately 0.93 to 1.00.
• EV/EBITDA: Currently, the EV/EBITDA for CB Financial Services Inc. is not available (NA).

Stock price trends and dividends provide additional insights:

• Stock Price Trends: Over the past year, CB Financial Services (CBFV) has shown a price increase of 31.86%. The stock has traded between a 52-week low of $20.75 and a high of $33.72.
• Dividend Yield: CB Financial Services Inc. offers a dividend yield of approximately 3.54% to 3.72%, with an annualized dividend of $1.00 per share. The last ex-dividend date was February 14, 2025.

Here's a summary of analyst ratings:

• Analyst Consensus: Based on analyst ratings, the consensus is to Hold CB Financial Services stock.
• Price Target: The average 12-month price target from analysts is $30.00.

For further insights into CB Financial Services, Inc. (CBFV), explore Exploring CB Financial Services, Inc. (CBFV) Investor Profile: Who’s Buying and Why?

CB Financial Services, Inc. (CBFV) Risk Factors

CB Financial Services, Inc. (CBFV) faces a variety of risks that could potentially impact its financial health. These risks range from broad economic factors to specific operational challenges.

Overview of Internal and External Risks:

• Economic Conditions: General and local economic conditions can significantly influence CB Financial Services, Inc.'s performance. Factors such as changes in market interest rates, deposit flows, and real estate values can all have a material impact.
• Market Competition: CB Financial Services, Inc. faces strong competition in attracting deposits and originating loans from other commercial banks, savings banks, credit unions, online financial institutions, and non-depository competitors such as mutual fund industry, securities and brokerage firms, and insurance companies.
• Regulatory Changes: Changes in federal and state legislation and regulations applicable to the banking business can affect operations and compliance costs. Evolving regulations may impact operations and compliance costs, with risk management (particularly cybersecurity and data privacy) being a key focus as the company shifts towards digital channels.
• Energy Industry Impact: The company operates in a market impacted by the energy industry, particularly natural gas extraction, which can influence local economic conditions and demand for financial services.

Discussion of Operational, Financial, or Strategic Risks:

• Lending Risks: CB Financial Services, Inc. is exposed to risks related to its lending activities, including a high concentration of loans collateralized by real estate. Disruptions in the real estate market could adversely affect the company.
• Decreased Earnings: CB Financial Services reported a revenue of $50.9 million for the full year 2024, a 26% decrease from the previous year's $68.74 million. The company's net income for 2024 was $12.6 million, a 44% decrease from the previous year's $22.5 million. The company's EPS fell from $4.41 in FY 2023 to $2.46 in FY 2024, a 44% decline.
• Net Interest Income: CB Financial Services' earnings were impacted by a decrease in net interest income, a key driver of earnings for banks. This decrease was attributed to a decline in loan demand and decreasing interest rates.
• Profit Margin: The company's profit margin decreased from 33% in FY 2023 to 25% in FY 2024, driven by lower revenue, indicating that the company's cost structure is not aligned with its revenue-generating activities.
• Reliance on Management: CB Financial Services' success depends on its ability to retain key personnel.

Mitigation Strategies or Plans:

• Balance Sheet Management: CB Financial Services, Inc. is focused on interest rate and liquidity management.
• Strategic Initiatives: The company focuses on implementing its Specialty Treasury Payments & Services program, which is expected to enhance revenue growth and the core deposit base.
• Cost Control: CB Financial Services, Inc. employs cost-control measures and pricing strategies to remain competitive.
• Digital Evolution: The bank's strategy includes evolving towards more digital processes to enhance profitability.
• Conservative Lending: CB Financial Services, Inc. maintains high asset quality through conservative loan underwriting standards.
• Risk Management: CB Financial Services, Inc. is focused on risk management, especially cybersecurity and data privacy, as it continues to shift to digital channels.

CB Financial Services, Inc. aims to navigate the uncertainties and complexities of the macroeconomic landscape in 2025 by remaining vigilant and adaptable. For more insights into the company's values, review the Mission Statement, Vision, & Core Values of CB Financial Services, Inc. (CBFV).

CB Financial Services, Inc. (CBFV) Growth Opportunities

For investors eyeing CB Financial Services, Inc. (CBFV), understanding the company's growth prospects is crucial. Let's delve into the key factors that could drive CB Financial Services, Inc. (CBFV)'s future performance.

Analysis of key growth drivers for CB Financial Services, Inc. (CBFV):

• Product Innovations: Continued development and introduction of new financial products and services tailored to meet evolving customer needs.
• Market Expansions: Strategic expansion into new geographic markets or customer segments to broaden its reach.
• Acquisitions: Pursuing strategic acquisitions to increase market share, expand service offerings, or enter new markets.

Predicting future revenue growth and earnings requires a look at analyst estimates and company guidance. While specific figures fluctuate and are time-sensitive, investors should monitor these projections from reputable financial analysts.

Strategic initiatives and partnerships play a significant role in CB Financial Services, Inc. (CBFV)'s growth trajectory. These could include:

• Technology Investments: Implementing advanced technologies to improve operational efficiency, enhance customer experience, and drive innovation.
• Community Engagement: Strengthening relationships with local communities through sponsorships, charitable activities, and financial literacy programs.
• Strategic Alliances: Forming partnerships with other financial institutions or technology providers to expand its capabilities and market reach.

CB Financial Services, Inc. (CBFV)'s competitive advantages are essential to its growth outlook. These may include:

• Strong Local Presence: Leveraging its established presence and deep roots in the local communities it serves.
• Customer Relationships: Building and maintaining strong, long-term relationships with its customers through personalized service and tailored solutions.
• Efficient Operations: Maintaining efficient and cost-effective operations to maximize profitability and shareholder value.

Here's an example of how key financial data for CB Financial Services, Inc. (CBFV) might be structured (Note: this is for illustrative purposes only and should be replaced with the latest available data):

Investors should always consult the most recent financial reports, analyst briefings, and company presentations for the most accurate and up-to-date information on CB Financial Services, Inc. (CBFV)'s growth prospects.

Learn more about the investors of CB Financial Services, Inc. (CBFV): Exploring CB Financial Services, Inc. (CBFV) Investor Profile: Who’s Buying and Why?