CB Financial Services, Inc.

CB Financial Services, Inc. (CBFV) reported net income of $4.9 million for FY 2025, a significant decrease from $12.6 million in FY 2024. This decline was primarily driven by an $11.8 million net loss on investment securities from a portfolio repositioning strategy, which resulted in a total noninterest loss of $7.2 million, compared to noninterest income of $5.5 million in the prior year. Net interest income improved by 10.2% to $50.8 million, supported by a 38 basis point increase in net interest margin (Non-GAAP) to 3.58%. Total assets grew 4.5% to $1.55 billion, with loans increasing 6.4% to $1.16 billion and deposits increasing 4.4% to $1.34 billion. The company's capital position remained strong, with stockholders' equity at $157.5 million and the bank considered 'well capitalized'.

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