CB Financial Services | 10-Q: FY2025 Q3 Revenue: USD 8.664 M

Revenue: As of FY2025 Q3, the actual value is USD 8.664 M.

EPS: As of FY2025 Q3, the actual value is USD -1.07.

EBIT: As of FY2025 Q3, the actual value is USD -20.12 M.

Segment Revenue

• Loans, Including Fees: $45,993 thousand for the nine months ended September 30, 2025, compared to $44,453 thousand for the same period in 2024.
• Investment Securities: $8,485 thousand for the nine months ended September 30, 2025, compared to $8,437 thousand for the same period in 2024.

Operational Metrics

• Net Interest and Dividend Income: $36,949 thousand for the nine months ended September 30, 2025, compared to $34,536 thousand for the same period in 2024.
• Net (Loss) Income: $164 thousand for the nine months ended September 30, 2025, compared to $10,065 thousand for the same period in 2024.
• Provision for Credit Losses - Loans: $269 thousand for the nine months ended September 30, 2025, compared to a recovery of - $105 thousand for the same period in 2024.

Cash Flow

• Net Cash Provided by Operating Activities: $12,780 thousand for the nine months ended September 30, 2025, compared to $5,161 thousand for the same period in 2024.
• Net Cash Used in Investing Activities: - $48,451 thousand for the nine months ended September 30, 2025, compared to - $8,533 thousand for the same period in 2024.
• Net Cash Provided by Financing Activities: $41,989 thousand for the nine months ended September 30, 2025, compared to $82,474 thousand for the same period in 2024.

Unique Metrics

• Total Loans: $1,143,386 thousand as of September 30, 2025, compared to $1,092,626 thousand as of December 31, 2024.
• Allowance for Credit Losses: $10,146 thousand as of September 30, 2025, compared to $9,805 thousand as of December 31, 2024.

Future Outlook and Strategy

• Core Business Focus: The company implemented a balance sheet repositioning strategy, selling $129.6 million in lower-yielding securities and purchasing $117.8 million in higher-yielding securities, expected to add 19 basis points to net interest margin and approximately $0.40 to annual earnings per share.
• Non-Core Business: The company discontinued its indirect automobile loan product as of June 30, 2023, reallocating resources to more profitable commercial products.