CB Financial Services Declares $0.28 Quarterly Dividend
CB Financial Services, Inc. (NASDAQ: CBFV), a Pennsylvania-based community bank holding company, announced a $0.28 per share quarterly cash dividend. The dividend will be paid May 29 to shareholders of record as of May 15.
CB Financial Services, Inc. (NASDAQ: CBFV), the holding company for Community Bank, declared a $0.28 per share quarterly cash dividend on April 22, 2026. The dividend will be paid on or about May 29, 2026 to stockholders of record as of the close of business on May 15, 2026. Read more dividend announcements.
The Washington, Pennsylvania-based community bank made the announcement alongside its first quarter 2026 financial results.
| Dividend Details | |
|---|---|
| Amount | $0.28 per share |
| Record Date | May 15, 2026 |
| Payment Date | May 29, 2026 |
| Type | Quarterly Cash |
First Quarter Performance
CB Financial reported net income of $3.9 million, or $0.73 per diluted share, for the three months ended March 31, 2026, compared to $1.9 million, or $0.35 per diluted share, in the same period last year. Total assets reached $1.58 billion at quarter-end, up $35.6 million from December 31, 2025.
Net interest and dividend income increased $2.6 million, or 22.6%, to $13.9 million compared to $11.3 million in the first quarter of 2025. Net interest margin expanded to 3.83% from 3.27% year-over-year.
The company's deposit gathering platform generated $28 million in new deposits since year-end. Average loans increased $76.9 million to $1.15 billion from $1.08 billion, driving a $1.1 million increase in interest income on loans.
The average yield on loans rose 14 basis points to 5.64% from 5.50%, despite a 75 basis point reduction in the federal funds target rate since September 2025.
CB Financial Services approaches its 125th anniversary on July 1, 2026, marking the milestone with a Generations of Trust marketing campaign focused on strengthening brand awareness in its core markets.