CB Financial Q2 results top estimates on strong organic deposit growth

CB Financial Services

27/07/2026 21:21

Overview
US regional bank's Q2 adjusted EPS beat analyst expectations
Pretax profit for Q2 exceeded analyst expectations
Net interest and dividend income rose 15.9% yr/yr, but net interest margin declined sequentially

Outlook
CB Financial Services did not provide specific quantitative guidance for future quarters or the full year

Result Drivers
DEPOSIT GROWTH - Strong organic deposit growth increased cash balances and funded loan and investment security purchases
LOAN MIX SHIFT - Redeployment from indirect auto and residential mortgage loans into higher-yielding commercial loans supported interest income

Company press release: ID:nBw5T7Cvha

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Adjusted EPS
Beat
$0.81
$0.72 (3 Analysts)
Q2 Adjusted Net Income
Beat
$4.32 mln
$4 mln (2 Analysts)
Q2 Net Income
 
$4.30 mln
 
Q2 Pretax Profit
Beat
$5.10 mln
$4.70 mln (3 Analysts)
Q2 Loan Loss Provision
 
$17,000
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the banks peer group is "buy"
Wall Street's median 12-month price target for CB Financial Services Inc is $40.00, about 11.4% above its July 24 closing price of $35.90
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 11 three months ago

Reuters Recommended Reads
July 27 - Ohio Valley Banc Q2 net interest income rises on higher average earning assets
July 27 - Bank of Marin Bancorp Q2 adjusted EPS beats estimates
July 27 - Commercial National Financial Q2 net income edges up, loans and deposits fall

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)