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CB Financial Services, Inc. Announces Fourth Quarter and Full Year 2024 Financial Results and Declares Quarterly Cash Dividend
WASHINGTON, Pa.--(BUSINESS WIRE)-- CB Financial Services, Inc. (“CB” or the “Company”) (NASDAQGM: CBFV), the holding company of Community Bank (the “Bank”),
About this update from Cb Financial Services, Inc.
[{"type":"text","content":" WASHINGTON, Pa.--(BUSINESS WIRE)--\nCB Financial Services, Inc. (“CB” or the “Company”) (NASDAQGM: CBFV), the holding company of Community Bank (the “Bank”), today announced its fourth quarter and 2024 financial results.\n\n\n\n\n \n\n\n\n\n\n\nThree Months Ended\n\n\n\n\n\n\n \n\n\n\n\n\n\nYear Ended\n\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n12/31/24\n\n\n\n\n\n\n9/30/24\n\n\n\n\n\n\n6/30/24\n\n\n\n\n\n\n3/31/24\n\n\n\n\n\n\n12/31/23\n\n\n\n\n\n\n \n\n\n\n\n\n\n12/31/24\n\n\n\n\n\n\n12/31/23\n\n\n\n\n\n\n\n\n(Dollars in thousands, except per share data) (Unaudited)\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\nNet Income (GAAP)\n\n\n\n\n\n\n$\n\n\n\n\n\n\n2,529\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n3,219\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n2,650\n\n\n\n\n\n\n\n$\n\n\n\n\n\n\n4,196\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n12,966\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n12,594\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n22,550\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\nNet Income Adjustments\n\n\n\n\n\n\n \n\n\n\n\n\n\n(562\n\n\n\n\n\n\n)\n\n\n\n\n\n\n \n\n\n\n\n\n\n(293\n\n\n\n\n\n\n)\n\n\n\n\n\n\n \n\n\n\n\n\n\n24\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n(1,000\n\n\n\n\n\n\n)\n\n\n\n\n\n\n \n\n\n\n\n\n\n(9,905\n\n\n\n\n\n\n)\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n(1,830\n\n\n\n\n\n\n)\n\n\n\n\n\n\n \n\n\n\n\n\n\n(9,926\n\n\n\n\n\n\n)\n\n\n\n\n\n\n\n\nAdjusted Net Income (Non-GAAP) (1)\n\n\n\n\n\n\n$\n\n\n\n\n\n\n1,967\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n2,926\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n2,674\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n3,196\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n3,061\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n10,764\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n12,624\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\nEarnings per Common Share - Diluted (GAAP)\n\n\n\n\n\n\n$\n\n\n\n\n\n\n0.46\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n0.60\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n0.51\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\...