---
schema_version: "secwatch.filing_event.v1"
accession: "0001605301-24-000003"
form_type: "8-K"
ticker: "CBFV"
cik: "0001605301"
company_name: "CB Financial Services, Inc."
filed_at: "2024-01-31T23:59:59+00:00"
generated_at: "2026-06-06T13:35:53.479536+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# CB Financial FY2023 GAAP net income $22.6M, adjusted EPS $2.46; declares $0.25 dividend

## Summary
- FY2023 GAAP net income $22.6M ($4.40 diluted EPS) vs $11.2M ($2.18) in 2022.
- FY2023 adjusted net income $12.6M ($2.46 adjusted EPS) vs $11.0M ($2.14) in 2022.
- Q4 2023 GAAP net income $13.0M includes $9.9M gain; adjusted Q4 net income $3.1M, down 25% YoY.
- Board declared $0.25 quarterly dividend, payable Feb 29, 2024 to holders of record Feb 15, 2024.

## SEC filing metadata
- accession: 0001605301-24-000003
- form_type: 8-K
- ticker: CBFV
- cik: 0001605301
- company_name: CB Financial Services, Inc.
- filed_at: 2024-01-31T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1605301/000160530124000003/0001605301-24-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1605301/000160530124000003/cbfv-20240131.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001605301-24-000003
- JSON: https://secwatch.observer/filing/0001605301-24-000003.json
- Plain text: https://secwatch.observer/filing/0001605301-24-000003.txt

## Key facts
- Earnings Releases
  CB Financial Services, Inc. reported Three Months Ended 12/31/23 results: net income $ 12,966, EPS $ 2.52.
  - Period: Three Months Ended 12/31/23
  - Net income: $ 12,966
  - EPS: $ 2.52
  - Result: reported results
  source text: CB Financial Services, Inc. Announces Fourth Quarter and Full Year 2023 Financial Results and Declares Quarterly Cash Dividend WASHINGTON, PA., January 31, 2024 -- CB Financial Services, Inc. (“CB” or the “Company”) (NASDAQGM: CBFV), the holding company of Community Bank (the “Bank”), today announced its fourth quarter and 2023 financial results. Three Months Ended Year Ended 12/31/23 9/30/23 6/30/23 3/31/23 12/31/22 12/31/23 12/31/22 (Dollars in thousands, except per share data) (Unaudited) Net Income (GAAP) $ 12,966 $ 2,672 $ 2,757 $ 4,156 $ 4,152 $ 22,550 $ 11,247 Net Income Adjustments (9,905) 29 78 (127) (66) (9,926) (208) Adjusted Net Income (Non-GAAP) (1) $ 3,061 $ 2,701 $ 2,835 $ 4,029 $ 4,086 $ 12,624 $ 11,039 Earnings per Common Share - Diluted (GAAP) $ 2.52 $ 0.52 $ 0.54 $ 0.81 $ 0.81 $ 4.40 $ 2.18 Adjusted Earnings per Common Share - Diluted (Non-GAAP) (1) $ 0.60 $ 0.53 $ 0.55 $ 0.79 $ 0.80 $ 2.46 $ 2.14 ( 1) Refer to Explanation of
  evidence_url: https://www.sec.gov/Archives/edgar/data/1605301/000160530124000003/0001605301-24-000003-index.htm
- Earnings Releases
  CB Financial Services, Inc. reported the year ended December 31, 2023 results: net income $ 22,550, EPS $ 4.40.
  - Period: the year ended December 31, 2023
  - Net income: $ 22,550
  - EPS: $ 4.40
  - Result: reported results
  source text: On January 31, 2024 , CB Financial Services, Inc. (the "Company") issued a press release announcing its financial results for the year ended December 31, 2023, a copy of which is furnished herewith as Exhibit 99.1 and is incorporated herein by reference.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1605301/000160530124000003/0001605301-24-000003-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.