CB Financial Services, Inc.
Close on Oct 19, 2026
- Market cap
- $200.51M
- P/E (TTM)
- 27.1
- Dividend yield
- 2.72%
About CB Financial Services
State Commercial Banks, SIC 6022
CB Financial Services, Inc. operates as a bank holding company that conducts its business primarily through Community Bank. The institution provides various commercial and personal banking services to individual consumers, local businesses, and municipal entities. Its credit offerings encompass residential mortgages, home equity lines of credit, commercial real estate financing, construction loans, and commercial and industrial loans. It also supplies core deposit products, including checking, savings, money market, and demand deposit accounts.
The company maintains its corporate headquarters in Carmichaels, Pennsylvania. Its branch network comprises nine banking offices in southwestern Pennsylvania across Greene, Allegheny, Washington, Fayette, and Westmoreland counties, as well as three branch offices in Marshall and Ohio counties in West Virginia. Additionally, the bank operates two loan production offices, a corporate center, and an operations center within Pennsylvania, employing 169 full-time and five part-time workers. Beyond its primary footprint in Pennsylvania and West Virginia, the bank extends lending and depository services into Ohio and New York.
Summary of the business section of CB Financial Services's latest annual report, written by StockData.
Company profile
Company
- Legal name
- CB Financial Services, Inc.
- Founded
- 1901
- Headquarters
- Carmichaels, PA
- Address
- 100 North Market Street 15320
- Phone
- (888) 223-8099
- Website
- cb.bank
- Employees
- 266, Dec 31, 2019
- Industry
- State Commercial Banks
- Fiscal year ends
- December 31
- Auditor
- Forvis Mazars, LLP, Pittsburgh, Pennsylvania
Stock & identifiers
- Ticker
- CBFV
- Exchange
- Nasdaq
- Shares outstanding
- 5M, Aug 5, 2026
- Public float
- $129.80M, Jun 30, 2025
- Filer category
- Non-accelerated filer<br>Smaller reporting company
- SEC CIK
- 1605301
- CUSIP
- 12479G101
- ISIN
- US12479G1013
- LEI
- 549300JEGYKCDOBSG664
- EIN
- 51-0534721
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| John Haines Montgomery | President and CEO, Director | 45,037 |
| Ralph Burchianti | SEVP & Chief Credit Officer, Director | 81,923 |
| Stephen Cobain | Chief Credit Officer | 4,321 |
| Bruce A. Sharp | SEVP & Chief Comm Loan Officer | 11,137 |
| Amanda L. Engles | EVP and CFO | 2,060 |
| Jennifer L. George | SEVP and COO | 16,187 |
| John Swiatek | Director | 20,178 |
| Jonathan Bedway | Director | 20,749 |
| Roberta Robinson Olejasz | Director | 15,174 |
| Charles R. Guthrie | Director | 24,746 |
| David F. Pollock | Director | 48,780 |
| Mark E. Fox | Director | 21,827 |
| John J. LaCarte | Director | 139,620 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 John H. Montgomery | $753.87K | $974.43K | $476.33K | $159 | – |
| FY2024 John H. Montgomery | $728.55K | $954.37K | $390.07K | $147 | – |
| FY2023 John H. Montgomery | $1.18M | $1.28M | $391.63K | $134 | – |
| FY2022 John H. Montgomery | $651.81K | $605.67K | $387.09K | $117 | – |
| FY2021 John H. Montgomery | $605.00K | $671.33K | $324.67K | $125 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2019, the Company and the Bank had a total of 266 full-time equivalent employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Feb 3, 2021 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| May 13, 2019 | Late filing | Notification of late filing |
| Aug 9, 2018 | Late filing | Notification of late filing |
| May 2, 2018 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Mar 14, 2018 | Late filing | Notification of late filing |
| Jan 11, 2018 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Nov 6, 2014 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Oct 22, 2014 | Listing | Registration of securities on an exchange (Form 8-A) |
| Oct 3, 2014 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Jun 13, 2014 | Merger | Registration of securities for a merger or exchange offer (S-4) |