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CB Financial Services, Inc. — Third Quarter 2026 Earnings Summary

  • GAAP net income turned profitable at $5.327 million for the quarter (vs. $5.696 million loss in Q3 2025) and $13.497 million year-to-date (vs. $164,000 in 2025), driven by a $15.0 million net interest income increase and a $69,000 credit loss recovery.
  • Adjusted net income rose to $4.865 million (up from $3.931 million in Q3 2025), while the GAAP net interest margin improved to 3.75% and ROE reached 13.08% (vs. (15.15)% in Q3 2025).
  • Management anticipates fourth-quarter payoff activity to moderate following a large single-relationship payoff, while focusing on building loan and deposit momentum through the maturing Specialty Treasury Payments & Services program.
  • The company successfully shifted its deposit mix by replacing $88.5 million in brokered deposits with lower-cost FHLB borrowings and organic growth, while increasing securities holdings by $64.1 million and purchasing $7.7 million in renewable energy tax credits.
  • The Board declared a quarterly cash dividend of $0.28 per share; however, stockholders' equity decreased 1.0% to $156.0 million due to an $11.9 million increase in accumulated other comprehensive losses from rising market interest rates.
Company
CB FINANCIAL SERVICES INC
Sector
Financial Services
Industry
Banks - Regional