CB Financial Services, Inc.

CBFV · State Commercial Banks · 5.1M shares · -0%/yr ↓ buyback · EDGAR filings ↗

Net buyback after stock comp: $153K (gross $965K, SBC $812K)

Reference price $34.51 · est. market cap ~$175M — last insider sale, 2026-03-05 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)

Grade

D52

CB Financial Services — Pennsylvania bank with a sharp earnings drop.

Strengths

Stable deposit franchise

Risks

Net income down 61% (10th pct); ROE 3.1% (9th)
Very low cash (5th); rate sensitivity

Notable findings

Cyber incidentRecent 8-K item 1.05 8-K ↗
Exec changeRecent 8-K item 5.02 8-K ↗
Insider sellingInsider selling — 15 open-market sale(s) by 3 insider(s) (cluster of 3 insiders, last 6mo) Form 4 ↗

Key metrics

Return on equity

3.1%

Return on assets

0.3%

Net-income growth

-61.1%

Free cash flow

$17M

Tangible book value

$148M

Cash & investments

$32M

Insider transactions · last 18 months

Date	Insider	Type	Shares	Price
2026-06-17	Montgomery John Haines	Option exercise	3.5K	$18.60
2026-03-05	Cobain Stephen	Sell	23	$34.52
2026-03-05	Cobain Stephen	Sell	26	$34.62
2026-03-05	Cobain Stephen	Sell	2	$34.63
2026-03-05	Cobain Stephen	Sell	1.3K	$34.51
2026-03-05	Cobain Stephen	Sell	305	$34.76
2026-03-05	Cobain Stephen	Sell	100	$34.78
2026-03-05	Cobain Stephen	Sell	50	$34.78
2026-03-05	Cobain Stephen	Sell	1	$35.08
2026-03-05	Cobain Stephen	Option exercise	1.8K	$22.12
2026-02-23	Engles Amanda L	Sell	43	$33.77
2026-02-23	Engles Amanda L	Sell	5	$33.80
2026-02-23	Engles Amanda L	Sell	6	$33.92
2026-02-23	Cobain Stephen	Sell	111	$33.77
2026-02-23	Cobain Stephen	Sell	15	$33.80
2026-02-23	Cobain Stephen	Sell	14	$33.92
2026-02-20	Sharp Bruce A.	Tax withheld	2.9K	$34.17
2026-02-20	Sharp Bruce A.	Option exercise	2.4K	$25.56
2026-02-20	Sharp Bruce A.	Option exercise	640	$22.01
2026-02-20	Sharp Bruce A.	Option exercise	1.1K	$22.12
2026-02-17	GEORGE JENNIFER L	Tax withheld	345	$36.83
2026-02-17	Sharp Bruce A.	Tax withheld	204	$36.83
2026-02-16	Sharp Bruce A.	Grant	1.5K	—
2026-02-16	GEORGE JENNIFER L	Grant	1.3K	—
2026-02-16	Pollock David F.	Grant	750	—
2026-02-16	Engles Amanda L	Grant	1.3K	—
2026-02-16	Montgomery John Haines	Grant	4.0K	—
2026-02-16	Cobain Stephen	Grant	1.4K	—
2026-02-16	LaCarte John J	Grant	750	—
2026-02-16	Fox Mark E.	Grant	750	—
2026-02-16	SWIATEK JOHN	Grant	750	—
2026-02-16	Bedway Jonathan	Grant	750	—
2026-02-16	Guthrie Charles R.	Grant	750	—
2026-02-16	Burchianti Ralph	Grant	750	—
2026-02-16	Olejasz Roberta Robinson	Grant	750	—
2026-02-06	Guthrie Charles R.	Option exercise	1.4K	$26.45
2026-02-06	Guthrie Charles R.	Option exercise	1.1K	$30.75
2026-02-06	Guthrie Charles R.	Sell	1.9K	$37.35
2025-12-26	Cobain Stephen	Tax withheld	39	$35.25
2025-12-19	GEORGE JENNIFER L	Tax withheld	125	$36.39
2025-12-09	Montgomery John Haines	Option exercise	4.5K	$18.60
2025-11-18	Sharp Bruce A.	Buy	1.0K	$32.80
2025-09-17	GEORGE JENNIFER L	Sell	1.8K	$33.25
2025-09-17	GEORGE JENNIFER L	Option exercise	7.8K	$22.25
2025-09-17	GEORGE JENNIFER L	Sell	2.2K	$33.00
2025-09-17	GEORGE JENNIFER L	Sell	30	$33.01
2025-09-17	GEORGE JENNIFER L	Sell	2	$33.02
2025-09-17	GEORGE JENNIFER L	Sell	10	$33.05
2025-09-17	GEORGE JENNIFER L	Sell	29	$33.06
2025-09-17	GEORGE JENNIFER L	Sell	27	$33.10
2025-09-17	GEORGE JENNIFER L	Sell	200	$33.14
2025-09-17	GEORGE JENNIFER L	Sell	28	$33.15
2025-09-17	GEORGE JENNIFER L	Sell	200	$33.16
2025-09-17	GEORGE JENNIFER L	Sell	22	$33.17
2025-09-17	GEORGE JENNIFER L	Sell	466	$33.50
2025-07-30	LaCarte John J	Option exercise	685	$30.75
2025-07-30	LaCarte John J	Sell	105	$33.20
2025-07-30	LaCarte John J	Sell	232	$33.20
2025-07-30	LaCarte John J	Sell	37	$33.21
2025-07-30	LaCarte John J	Sell	52	$33.22
2025-07-30	LaCarte John J	Sell	6	$33.23
2025-07-30	LaCarte John J	Sell	201	$33.50
2025-07-24	Burchianti Ralph	Option exercise	2.5K	$22.25
2025-05-28	SWIATEK JOHN	Buy	1.2K	$28.80
2025-05-13	SWIATEK JOHN	Sell	2.4K	$29.50
2025-05-13	SWIATEK JOHN	Option exercise	2.5K	$22.25
2025-05-13	SWIATEK JOHN	Sell	100	$29.56
2025-04-25	SWIATEK JOHN	Sell	4	$29.40
2025-04-25	SWIATEK JOHN	Option exercise	2.5K	—
2025-04-25	SWIATEK JOHN	Sell	2.3K	$29.00
2025-04-25	SWIATEK JOHN	Sell	200	$29.25
2025-02-25	Engles Amanda L	Tax withheld	22	$27.77
2025-02-16	Pollock David F.	Grant	1.0K	—
2025-02-16	Engles Amanda L	Grant	325	—
2025-02-16	Cobain Stephen	Grant	1.2K	—
2025-02-16	GEORGE JENNIFER L	Tax withheld	251	$30.62
2025-02-16	GEORGE JENNIFER L	Grant	1.0K	—
2025-02-16	Montgomery John Haines	Grant	2.4K	—
2025-02-16	Burchianti Ralph	Grant	1.3K	—
2025-02-16	SWIATEK JOHN	Grant	1.0K	—
2025-02-16	Olejasz Roberta Robinson	Grant	1.0K	—
2025-02-16	Guthrie Charles R.	Grant	1.0K	—
2025-02-16	Fox Mark E.	Grant	1.0K	—
2025-02-16	LaCarte John J	Grant	1.0K	—
2025-02-16	Bedway Jonathan	Grant	1.0K	—
2025-02-07	LaCarte John J	Option exercise	5.0K	$22.25
2025-02-07	LaCarte John J	Option exercise	1.0K	$26.45

All non-derivative Form 4 activity (SEC), newest first.

Notable events (8-K)

Date	Items
2026-05-20	Shareholder voteExhibits	filing ↗
2026-05-11	Cybersecurity	filing ↗
2026-04-22	ResultsReg FDOtherExhibits	filing ↗
2026-01-27	ResultsExec/director changeReg FDOtherExhibits	filing ↗
2025-12-31	Exec/director change	filing ↗
2025-11-24	Exec/director change5.03Exhibits	filing ↗
2025-10-23	ResultsOtherExhibits	filing ↗
2025-09-04	OtherExhibits	filing ↗

Recent filings

Form	Filed	Period	Accession
8-K	2026-05-20	2026-05-20	0001605301-26-000025 ↗
10-Q	2026-05-12	2026-03-31	0001605301-26-000023 ↗
8-K	2026-05-11	2026-05-07	0001605301-26-000021 ↗
8-K	2026-04-22	2026-04-22	0001605301-26-000018 ↗
10-K	2026-03-13	2025-12-31	0001605301-26-000009 ↗
8-K	2026-01-27	2026-01-27	0001605301-26-000004 ↗
8-K	2025-12-31	2025-12-29	0000943374-25-000530 ↗
8-K	2025-11-24	2025-11-20	0001605301-25-000048 ↗
10-Q	2025-11-07	2025-09-30	0001605301-25-000045 ↗
8-K	2025-10-23	2025-10-23	0001605301-25-000043 ↗
8-K	2025-09-04	2025-09-04	0001605301-25-000041 ↗
8-K	2025-09-02	2025-09-02	0001605301-25-000039 ↗