Quarterly ResultJul 27, 2026, 04:07 PM
CB Financial Q2 Net Income $4.3M, EPS $0.80; Declares $0.28 Dividend
AI Summary
CB Financial Services, Inc. announced its second quarter 2026 financial results, reporting a net income of $4.3 million and diluted earnings per share of $0.80. The company's Board of Directors also declared a quarterly cash dividend of $0.28 per share. Key highlights include a $73.1 million increase in total assets to $1.66 billion, strong organic deposit growth of $69.5 million, and improved asset quality with nonperforming loans at 0.29% of total loans. The company continues to focus on strategic balance sheet management and growth initiatives, including its Specialty Treasury Payments & Services program.
Key Highlights
- Net income was $4.3 million for Q2 2026, up from $3.867 million in Q1 2026.
- Diluted earnings per common share (GAAP) was $0.80 for Q2 2026, up from $0.73 in Q1 2026.
- Board declared a cash dividend of $0.28 per share, payable August 28, 2026.
- Total assets increased by $73.1 million to $1.66 billion at June 30, 2026.
- Organic deposits grew by $69.5 million in Q2 2026, primarily from Specialty Treasury clients.
- Net interest and dividend income increased to $14.5 million for Q2 2026.
- Nonperforming loans to total loans was 0.29% at June 30, 2026, down from 0.46% at December 31, 2025.
- Book value per share increased to $31.91 at June 30, 2026 from $31.28 at December 31, 2025.
Price Impact
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