CBFVNasdaqState Commercial BanksFiscal year ends December 31
CB Financial Services, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 7, 2026
$37.45−0.10 (-0.27%)
Close on Oct 19, 2026
- Market cap
- $200.51M
- P/E (TTM)
- 27.1
- Dividend yield
- 2.72%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
45.2%
2M of 5M shares
Institutional holders
81
7 new, 3 sold out
Net institutional buying
0M
In Q2 2026
Insider trades, 12 months
1 buys · 19 sales
Net sold $199.88K
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Janney Montgomery Scott LLC | 309,373 | 6.00% | 13G (passive) | Dec 31, 2023 |
| BlackRock, Inc. | 280,242 | 5.50% | 13G (passive) | Jun 30, 2026 |
| AllianceBernstein L.P. | 253,883 | 5.00% | 13G (passive) | Mar 31, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of CBFV | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Janney Montgomery Scott LLC | 305,098 | 6.00% | $11.56K | −263 | 0.02% |
| BlackRock, Inc. | 280,331 | 5.52% | $10.62M | +27,136 | 0.00% |
| Alliancebernstein L.P. | 254,003 | 5.00% | $8.68M | +120 | 0.00% |
| Vanguard Capital Management LLC | 198,603 | 3.91% | $7.53M | +4,388 | 0.00% |
| M3F, Inc. | 171,696 | 3.38% | $6.51K | +257 | 1.54% |
| Manufacturers Life Insurance Company, The | 154,165 | 3.03% | $5.84M | −1,634 | 0.00% |
| Geode Capital Management, LLC | 116,026 | 2.28% | $4.40M | +10,869 | 0.00% |
| Bridgeway Capital Management, LLC | 62,340 | 1.23% | $2.36M | −3,500 | 0.04% |
| Waldron Private Wealth LLC | 60,306 | 1.19% | $2.29M | – | 0.08% |
| Renaissance Technologies LLC | 53,899 | 1.06% | $2.04M | −1,700 | 0.00% |
| State Street Corp | 48,380 | 0.95% | $1.83M | −1,426 | 0.00% |
| Dimensional Fund Advisors LP | 36,428 | 0.72% | $1.38M | +343 | 0.00% |
| Northern Trust Corp | 36,210 | 0.71% | $1.37M | +2,187 | 0.00% |
| Empowered Funds, LLC | 35,840 | 0.71% | $1.36M | −1,000 | 0.01% |
| De Lisle Partners LLP | 33,674 | 0.66% | $1.27M | – | 0.14% |
| S&T Bank/PA | 33,642 | 0.66% | $1.28M | – | 0.38% |
| BRYN MAWR TRUST Co | 33,642 | 0.66% | $1.28M | – | 0.03% |
| Vanguard Portfolio Management LLC | 31,283 | 0.62% | $1.19M | +4,658 | 0.00% |
| Vanguard Fiduciary Trust Co | 30,884 | 0.61% | $1.17M | −1,797 | 0.00% |
| Endeavour Capital Advisors Inc | 24,166 | 0.48% | $915.89K | – | 0.19% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 81 | 2M | 45.2% | 7 / 21 | 22 / 3 | 0M | 0M |
| Q1 2026 | 78 | 2M | 43.8% | 8 / 13 | 34 / 3 | 0M | 0M |
| Q4 2025 | 74 | 2M | 44.2% | 7 / 18 | 27 / 3 | 0M | 0M |
| Q3 2025 | 70 | 2M | 44.9% | 17 / 18 | 19 / 3 | 0M | 0M |
| Q2 2025 | 56 | 2M | 43.2% | 15 / 22 | 4 / 7 | 1M | 0M |
| Q1 2025 | 48 | 2M | 40.5% | 8 / 13 | 13 / 6 | 0M | 0M |
| Q4 2024 | 46 | 2M | 42.1% | 9 / 13 | 12 / 3 | 0M | 0M |
| Q3 2024 | 40 | 2M | 38.7% | 4 / 12 | 9 / 4 | 0M | 0M |
| Q2 2024 | 41 | 2M | 37.7% | 2 / 11 | 12 / 0 | 0M | 0M |
| Q1 2024 | 39 | 2M | 35.6% | 2 / 10 | 8 / 2 | 0M | 0M |
| Q4 2023 | 39 | 2M | 33.9% | 1 / 15 | 4 / 2 | 0M | 0M |
| Q3 2023 | 40 | 2M | 31.9% | 3 / 10 | 11 / 3 | 0M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of CBFV | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 141,499 | 2.78% | $5.36M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 96,465 | 1.90% | $3.66M | 0.00% | Jun 30, 2026 |
| Regional Bank Fund | 83,544 | 1.64% | $3.06M | 0.32% | Jul 31, 2026 |
| Fidelity Small Cap Index Fund | 51,559 | 1.01% | $1.89M | 0.01% | Jul 31, 2026 |
| Vanguard Extended Market Index Fund | 50,409 | 0.99% | $1.91M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 Value ETF | 48,514 | 0.95% | $1.84M | 0.01% | Jun 30, 2026 |
| EA Bridgeway Omni Small-Cap Value ETF | 35,840 | 0.71% | $1.36M | 0.06% | Jun 30, 2026 |
| iShares Core S&P Total U.S. Stock Market ETF | 30,574 | 0.60% | $1.16M | 0.00% | Jun 30, 2026 |
| Vanguard Russell 2000 Index Fund | 23,520 | 0.46% | $842.96K | 0.00% | May 31, 2026 |
| Fidelity Extended Market Index Fund | 21,808 | 0.43% | $781.60K | 0.00% | May 31, 2026 |
| iShares Micro-Cap ETF | 16,297 | 0.32% | $617.66K | 0.04% | Jun 30, 2026 |
| Omni Small-Cap Value Fund | 15,900 | 0.31% | $602.61K | 0.05% | Jun 30, 2026 |
| Avantis U.S. Small Cap Value ETF | 13,294 | 0.26% | $476.46K | 0.00% | May 31, 2026 |
| Schwab Small-Cap Index Fund | 11,380 | 0.22% | $416.85K | 0.01% | Jul 31, 2026 |
| Ultra-Small Company Market Fund | 10,000 | 0.20% | $379.00K | 0.26% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| John Haines Montgomery | President and CEO, Director | 45,037 | 0.89% | Jun 17, 2026 |
| Ralph Burchianti | SEVP & Chief Credit Officer, Director | 81,923 | 1.61% | Feb 18, 2026 |
| Stephen Cobain | Chief Credit Officer | 4,321 | 0.09% | Aug 17, 2026 |
| Bruce A. Sharp | SEVP & Chief Comm Loan Officer | 11,137 | 0.22% | Feb 23, 2026 |
| Amanda L. Engles | EVP and CFO | 2,060 | 0.04% | Feb 23, 2026 |
| Jennifer L. George | SEVP and COO | 16,187 | 0.32% | Feb 18, 2026 |
| John Swiatek | Director | 20,178 | 0.40% | Aug 17, 2026 |
| Jonathan Bedway | Director | 20,749 | 0.41% | Feb 18, 2026 |
| Roberta Robinson Olejasz | Director | 15,174 | 0.30% | Feb 18, 2026 |
| Charles R. Guthrie | Director | 24,746 | 0.49% | Feb 18, 2026 |
| David F. Pollock | Director | 48,780 | 0.96% | Feb 18, 2026 |
| Mark E. Fox | Director | 21,827 | 0.43% | Feb 18, 2026 |
| John J. LaCarte | Director | 139,620 | 2.75% | Feb 18, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| John Swiatek Director | Aug 14, 2026 | Sale | −1,000 | $37.06 | $37.06K | 12,644 |
| John Swiatek Director | Aug 14, 2026 | Option exercise | +1,400 | $26.45 | $37.03K | 13,644 |
| Stephen Cobain Chief Credit Officer | Aug 14, 2026 | Sale | −316 | $37.25 | $11.77K | 4,321 |
| Stephen Cobain Chief Credit Officer | Aug 14, 2026 | Option exercise | +1,500 | $22.48 | $33.72K | 5,813 |
| Stephen Cobain Chief Credit Officer | Aug 14, 2026 | Sale | −1,176 | $37.06 | $43.58K | 4,637 |
| Stephen Cobain Chief Credit Officer | Aug 14, 2026 | Sale | −8 | $37.40 | $299 | 4,313 |
| John Haines Montgomery President and CEO, Director | Jun 17, 2026 | Option exercise | +3,500 | $18.60 | $65.10K | 42,537 |
| Stephen Cobain Chief Credit Officer | Mar 5, 2026 | Sale | −2 | $34.64 | $69 | 4,769 |
| Stephen Cobain Chief Credit Officer | Mar 5, 2026 | Sale | −26 | $34.62 | $900 | 4,771 |
| Stephen Cobain Chief Credit Officer | Mar 5, 2026 | Sale | −1 | $35.08 | $35 | 4,313 |
| Stephen Cobain Chief Credit Officer | Mar 5, 2026 | Sale | −1,285 | $34.51 | $44.35K | 4,820 |
| Stephen Cobain Chief Credit Officer | Mar 5, 2026 | Option exercise | +1,792 | $22.12 | $39.64K | 6,105 |
| Stephen Cobain Chief Credit Officer | Mar 5, 2026 | Sale | −305 | $34.76 | $10.60K | 4,464 |
| Stephen Cobain Chief Credit Officer | Mar 5, 2026 | Sale | −100 | $34.78 | $3.48K | 4,364 |
| Stephen Cobain Chief Credit Officer | Mar 5, 2026 | Sale | −50 | $34.79 | $1.74K | 4,314 |
| Stephen Cobain Chief Credit Officer | Mar 5, 2026 | Sale | −23 | $34.52 | $794 | 4,797 |
| Stephen Cobain Chief Credit Officer | Feb 23, 2026 | Sale | −14 | $33.92 | $475 | 4,313 |
| Stephen Cobain Chief Credit Officer | Feb 23, 2026 | Sale | −111 | $33.77 | $3.75K | 4,342 |
| Stephen Cobain Chief Credit Officer | Feb 23, 2026 | Sale | −15 | $33.80 | $507 | 4,327 |
| Amanda L. Engles EVP and CFO | Feb 23, 2026 | Sale | −5 | $33.80 | $169 | 2,060 |
| Amanda L. Engles EVP and CFO | Feb 23, 2026 | Sale | −43 | $33.77 | $1.45K | 2,065 |
| Amanda L. Engles EVP and CFO | Feb 23, 2026 | Sale | −6 | $33.92 | $204 | 2,054 |
| Bruce A. Sharp SEVP & Chief Comm Loan Officer | Feb 20, 2026 | Option exercise | +640 | $22.01 | $14.09K | 8,637 |
| Bruce A. Sharp SEVP & Chief Comm Loan Officer | Feb 20, 2026 | Option exercise | +1,070 | $22.12 | $23.67K | 9,707 |
| Bruce A. Sharp SEVP & Chief Comm Loan Officer | Feb 20, 2026 | Tax withholding | −2,920 | $34.17 | $99.78K | 6,787 |
| Bruce A. Sharp SEVP & Chief Comm Loan Officer | Feb 20, 2026 | Option exercise | +2,400 | $25.56 | $61.34K | 7,997 |
| Jennifer L. George SEVP and COO | Feb 17, 2026 | Tax withholding | −345 | $36.83 | $12.71K | 13,140 |
| Bruce A. Sharp SEVP & Chief Comm Loan Officer | Feb 17, 2026 | Tax withholding | −204 | $36.83 | $7.51K | 5,597 |
| John Haines Montgomery President and CEO, Director | Feb 16, 2026 | Award | +3,975 | – | – | 39,037 |
| Stephen Cobain Chief Credit Officer | Feb 16, 2026 | Award | +1,375 | – | – | 4,453 |
| Charles R. Guthrie Director | Feb 16, 2026 | Award | +750 | – | – | 17,845 |
| John Swiatek Director | Feb 16, 2026 | Award | +750 | – | – | 12,244 |
| Ralph Burchianti SEVP & Chief Credit Officer, Director | Feb 16, 2026 | Award | +750 | – | – | 79,723 |
| Mark E. Fox Director | Feb 16, 2026 | Award | +750 | – | – | 13,164 |
| Roberta Robinson Olejasz Director | Feb 16, 2026 | Award | +750 | – | – | 13,264 |
| Jennifer L. George SEVP and COO | Feb 16, 2026 | Award | +1,325 | – | – | 13,485 |
| David F. Pollock Director | Feb 16, 2026 | Award | +750 | – | – | 48,780 |
| Amanda L. Engles EVP and CFO | Feb 16, 2026 | Award | +1,325 | – | – | 2,108 |
| Jonathan Bedway Director | Feb 16, 2026 | Award | +750 | – | – | 20,749 |
| Bruce A. Sharp SEVP & Chief Comm Loan Officer | Feb 16, 2026 | Award | +1,525 | – | – | 5,801 |
| John J. LaCarte Director | Feb 16, 2026 | Award | +750 | – | – | 46,920 |
| Charles R. Guthrie Director | Feb 6, 2026 | Option exercise | +1,115 | $30.75 | $34.29K | 18,709 |
| Charles R. Guthrie Director | Feb 6, 2026 | Sale | −1,913 | $37.35 | $71.45K | 16,796 |
| Charles R. Guthrie Director | Feb 6, 2026 | Option exercise | +1,400 | $26.45 | $37.03K | 17,594 |
| Stephen Cobain Chief Credit Officer | Dec 26, 2025 | Tax withholding | −39 | $35.25 | $1.37K | 3,078 |
| Jennifer L. George SEVP and COO | Dec 19, 2025 | Tax withholding | −125 | $36.39 | $4.55K | 12,160 |
| John Haines Montgomery President and CEO, Director | Dec 9, 2025 | Option exercise | +4,500 | $18.60 | $83.70K | 35,062 |
| Bruce A. Sharp SEVP & Chief Comm Loan Officer | Nov 18, 2025 | Buy | +1,000 | $32.80 | $32.80K | 1,000 |
| Jennifer L. George SEVP and COO | Sep 17, 2025 | Sale | −200 | $33.14 | $6.63K | 14,835 |
| Jennifer L. George SEVP and COO | Sep 17, 2025 | Sale | −27 | $33.10 | $894 | 15,035 |
| Jennifer L. George SEVP and COO | Sep 17, 2025 | Sale | −10 | $33.05 | $331 | 15,091 |
| Jennifer L. George SEVP and COO | Sep 17, 2025 | Sale | −2 | $33.02 | $66 | 15,101 |
| Jennifer L. George SEVP and COO | Sep 17, 2025 | Sale | −30 | $33.01 | $990 | 15,103 |
| Jennifer L. George SEVP and COO | Sep 17, 2025 | Sale | −2,194 | $33.00 | $72.40K | 15,133 |
| Jennifer L. George SEVP and COO | Sep 17, 2025 | Option exercise | +7,800 | $22.25 | $173.55K | 17,327 |
| Jennifer L. George SEVP and COO | Sep 17, 2025 | Sale | −28 | $33.15 | $928 | 14,807 |
| Jennifer L. George SEVP and COO | Sep 17, 2025 | Sale | −200 | $33.16 | $6.63K | 14,607 |
| Jennifer L. George SEVP and COO | Sep 17, 2025 | Sale | −22 | $33.17 | $730 | 14,585 |
| Jennifer L. George SEVP and COO | Sep 17, 2025 | Sale | −1,834 | $33.25 | $60.98K | 12,751 |
| Jennifer L. George SEVP and COO | Sep 17, 2025 | Sale | −466 | $33.50 | $15.61K | 12,285 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Stephen Cobain Officer | Aug 14, 2026 | 1,500 | $55.65K | Aug 14, 2026 | Stock Option Exercise |
| Stephen Cobain Officer | Mar 5, 2026 | 1,792 | $62.00K | Mar 5, 2026 | Option Exercise |
| Charles R. Guthrie Officer | Feb 6, 2026 | 1,913 | $71.45K | Feb 6, 2026 | Option Exercise |
| Jennifer L. George Officer | Sep 17, 2025 | 5,042 | $167.15K | Sep 17, 2025 | Option Exercise |
| John Swiatek Director | Apr 25, 2025 | 5,000 | $145.10K | Apr 25, 2025 | Stock Option Exercise |
| Mark E. Fox Director | Dec 16, 2024 | 3,538 | $111.45K | Dec 16, 2024 | Options Exercise |
| John J. LaCarte Director | Dec 9, 2024 | 1,342 | $44.96K | Dec 9, 2024 | Option Exercise |
| Stephen Cobain Director | Dec 9, 2024 | 38 | $1.28K | Dec 9, 2024 | Restricted Stock Units |
| Charles R. Guthrie Director | Dec 6, 2024 | 3,415 | $113.14K | Dec 6, 2024 | Options Execise |