CB Financial Services, Inc. (CBFV) company profile
Close on Nov 13, 2026Market cap $207.58MP/E 11.9Yield 2.50%
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
- 174, Dec 31, 2025
- 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
- FIGI
- BBG000BKT8B1
- Share class FIGI
- BBG001S825Y8
- 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 |
| Amanda L. Engles | EVP and CFO | 2,054 |
| Jennifer L. George | SEVP and COO | 16,187 |
| Stephen Cobain | Chief Credit Officer | 4,321 |
| Bruce A. Sharp | SEVP & Chief Comm Loan Officer | 11,137 |
| Ralph Burchianti | Director | 84,733 |
| David F. Pollock | Director | 50,180 |
| John Swiatek | Director | 20,178 |
| Roberta Robinson Olejasz | Director | 15,174 |
| Mark E. Fox | Director | 21,827 |
| Jonathan Bedway | Director | 20,749 |
| Charles R. Guthrie | Director | 24,746 |
| 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 | $753.87K | $974.43K | $476.33K | $159 | – |
| FY2024 | $728.55K | $954.37K | $390.07K | $147 | – |
| FY2023 | $1.18M | $1.28M | $391.63K | $134 | – |
| FY2022 | $651.81K | $605.67K | $387.09K | $117 | – |
| FY2021 | $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.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Stock awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|
| John H. Montgomery President & Chief Executive Officer | $473.88K | $73.95K | $145.61K | $60.43K | $753.87K | +3% |
| James E. Mele Executive Vice President, Director of Specialty Deposits, Payment & Treasury Management Services | $285.00K | $153.10K | $57.10K | $30.32K | $525.52K | – |
| Bruce A. Sharp Senior Executive Vice President & Chief Commercial Banking Officer | $285.01K | $24.34K | $84.19K | $33.60K | $427.14K | +6% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
Employees
Headcount reported in annual reports
“Demographics. As of December 31, 2025, we employed 169 full-time and 5 part-time employees primarily in Pennsylvania and West Virginia. None of these employees are represented by a collective bargaining agreeme”
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) |
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