CB Financial Services

CBFV · NASDAQ

$37.55+$0.10 (+0.27%)TodayMarket closed · Oct 20, 4:00 PM ET

Prev close $37.45

CBFV analyst rating

BuyConsensus of 2 analysts over the last 12 months. 100% rate it a buy.

Strong buy0
Buy2
Hold0
Underperform0
Sell0

12-month price target · 5 analysts

Average $42.50 (+13.2% upside)

Low: $40.40
Now: $37.55
High: $46.20

Upgrades and downgrades

The latest rating actions, newest first

CBFV analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Keefe, Bruyette & Woods	Aug 10, 2026	Maintains	Outperform	$40.00 → $41.00	68%
DA Davidson	Jul 30, 2026	Maintains	Buy	$40.00 → $44.00	53%
DA Davidson	Feb 25, 2026	Initiates	Buy	$43.00	53%
Keefe, Bruyette & Woods	Jan 29, 2026	Maintains	Outperform	$40.00 → $39.00	68%
Keefe, Bruyette & Woods	Oct 27, 2025	Maintains	Outperform	$39.00 → $40.00	68%

The case for and against

Updated Jan 12, 2026

Bull case

CB Financial Services Inc. has demonstrated a positive outlook due to a year-to-date increase in earning asset yields by 4 basis points to 5.31%, along with an improvement in loan yields by 9 basis points, attributed to strategic initiatives. The company has successfully expanded its net interest margin (NIM), which rose from 3.13% in the fourth quarter of 2024 to 3.55% in the second quarter of 2025, reflecting strong deposit cost reductions and loan growth. Additionally, net interest income (NII) showed a robust increase of 10.8% quarter-over-quarter in Q2, exceeding expectations and bolstered by sequential NIM expansion of 27 basis points.

Bear case

CB Financial Services faces significant challenges that contribute to a negative outlook, primarily stemming from potential slowdowns in loan growth and adverse credit trends in Pennsylvania, which may hinder future earnings. Furthermore, increasing volatility in interest rates and a flattening yield curve pose additional risks that could impact the bank's revenue generation capabilities. Lastly, while the bank maintains low non-performing assets (NPAs) and net charge-offs (NCOs) compared to peers, heightened technology investments and hiring in lending may lead to rising expenses without corresponding revenue increases, thereby straining profitability.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.