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CB Financial Services (CBFV) Revenue & Revenue Breakdown

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CB Financial Services Revenue Highlights

Latest Revenue (Y)

$61.76M

Latest Revenue (Q)

$20.87M

Main Segment (Y)

Insurance Commissions

CB Financial Services Revenue by Period

CB Financial Services Revenue by Year

DateRevenueChange
2023-12-31$61.76M11380.11%
2022-12-31$538.00K-98.86%
2021-12-31$47.22M-4.39%
2020-12-31$49.39M-3.81%
2019-12-31$51.35M13.29%
2018-12-31$45.32M24.77%
2017-12-31$36.32M1.20%
2016-12-31$35.89M-0.74%
2015-12-31$36.16M62.61%
2014-12-31$22.24M20.00%
2013-12-31$18.53M-0.56%
2012-12-31$18.63M24.90%
2005-12-31$14.92M14.72%
2004-12-31$13.00M9.23%
2003-12-31$11.91M0.37%
2002-12-31$11.86M-

CB Financial Services generated $61.76M in revenue during NA 2023, up 11380.11% compared to the previous quarter, and up 136.28% compared to the same period a year ago.

CB Financial Services Revenue by Quarter

DateRevenueChange
2024-09-30$20.87M6.51%
2024-06-30$19.59M-0.31%
2024-03-31$19.65M121.27%
2023-12-31$8.88M-30.85%
2023-09-30$12.84M-0.86%
2023-06-30$12.96M-8.99%
2023-03-31$14.23M18150.00%
2022-12-31$78.00K-99.40%
2022-09-30$13.03M10.88%
2022-06-30$11.75M9151.18%
2022-03-31$127.00K-98.99%
2021-12-31$12.58M16.88%
2021-09-30$10.77M-5.60%
2021-06-30$11.41M-8.49%
2021-03-31$12.46M-2.99%
2020-12-31$12.85M5.98%
2020-09-30$12.12M-4.23%
2020-06-30$12.66M5.42%
2020-03-31$12.01M-8.65%
2019-12-31$13.14M1.25%
2019-09-30$12.98M2.98%
2019-06-30$12.61M0.99%
2019-03-31$12.48M-0.77%
2018-12-31$12.58M4.32%
2018-09-30$12.06M8.38%
2018-06-30$11.13M16.45%
2018-03-31$9.55M1.78%
2017-12-31$9.39M3.71%
2017-09-30$9.05M1.21%
2017-06-30$8.94M0.06%
2017-03-31$8.94M-2.36%
2016-12-31$9.15M5.94%
2016-09-30$8.64M-3.55%
2016-06-30$8.96M-1.90%
2016-03-31$9.13M0.93%
2015-12-31$9.05M0.15%
2015-09-30$9.04M1.22%
2015-06-30$8.93M-2.38%
2015-03-31$9.14M19.03%
2014-12-31$7.68M55.31%
2014-09-30$4.95M1.58%
2014-06-30$4.87M2.83%
2014-03-31$4.74M-1.97%
2013-12-31$4.83M2.27%
2013-09-30$4.72M3.12%
2013-06-30$4.58M22.09%
2005-12-31$3.75M-4.38%
2005-09-30$3.92M5.23%
2005-06-30$3.73M6.12%
2005-03-31$3.51M3.79%
2004-12-31$3.39M-0.92%
2004-09-30$3.42M8.13%
2004-06-30$3.16M3.88%
2004-03-31$3.04M3.14%
2003-12-31$2.95M-0.26%
2003-09-30$2.96M-3.90%
2003-06-30$3.08M5.27%
2003-03-31$2.92M-

CB Financial Services generated $20.87M in revenue during Q3 2024, up 6.51% compared to the previous quarter, and up 161.07% compared to the same period a year ago.

CB Financial Services Revenue Breakdown

CB Financial Services Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 18
Financial Service, Other$521.00K$669.00K$521.00K$479.00K-
Insurance Commissions$5.84M$5.93M$5.62M$4.88M-
Deposit Account$1.82M$2.16M$2.33M$2.21M-
Wealth Management Referral Fees, Check Sales, and Safety Deposit Box Rentals----$460.00K

CB Financial Services's latest annual revenue breakdown by segment (product or service), as of Dec 23: Insurance Commissions (71.39%), Deposit Account (22.24%), and Financial Service, Other (6.37%).

Quarterly Revenue by Product

Product/ServiceSep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Jun 19Mar 19Dec 18
Financial Service, Other$104.00K$62.00K$59.00K$94.00K$224.00K$144.00K$157.00K$244.00K$179.00K$89.00K$90.00K$93.00K$173.00K$165.00K$105.00K$76.00K$188.00K---
Deposit Account$451.00K$415.00K$460.00K$466.00K$448.00K$445.00K$531.00K$544.00K$559.00K$526.00K$569.00K$602.00K$614.00K$546.00K$560.00K$554.00K$487.00K---
Insurance Commissions$1.00K$2.00K$970.00K$1.44M$1.51M$1.92M$1.40M$1.37M$1.37M$1.80M$1.62M$1.19M$1.21M$1.59M$1.40M$1.08M$1.11M---
Wealth Management Referral Fees, Check Sales, and Safety Deposit Box Rentals-----------------$124.00K$69.00K$124.00K

CB Financial Services's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Deposit Account (81.12%), Financial Service, Other (18.71%), and Insurance Commissions (0.18%).

CB Financial Services Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
MNSBMainStreet Bancshares$127.76M$34.48M
OVLYOak Valley Bancorp$87.34M$19.50M
CBFVCB Financial Services$61.76M$20.87M
CWBCCommunity West Bancshares$61.39M$27.26M
LSBKLake Shore Bancorp$36.39M$9.64M
HFBLHome Federal Bancorp, Inc. of Louisiana$33.45M$8.04M
MGYRMagyar Bancorp$30.42M$12.74M

CBFV Revenue FAQ

What is CB Financial Services’s yearly revenue?

CB Financial Services's yearly revenue for 2023 was $61.76M, representing an increase of 11380.11% compared to 2022. The company's yearly revenue for 2022 was $538K, representing a decrease of -98.86% compared to 2021. CBFV's yearly revenue for 2021 was $47.22M, representing a decrease of -4.39% compared to 2020.

What is CB Financial Services’s quarterly revenue?

CB Financial Services's quarterly revenue for Q3 2024 was $20.87M, a 6.51% increase from the previous quarter (Q2 2024), and a 62.47% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $19.59M, a -0.31% decrease from the previous quarter (Q1 2024), and a 51.22% increase year-over-year (Q2 2023). CBFV's quarterly revenue for Q1 2024 was $19.65M, a 121.27% increase from the previous quarter (Q4 2023), and a 38.05% increase year-over-year (Q1 2023).

What is CB Financial Services’s revenue growth rate?

CB Financial Services's revenue growth rate for the last 3 years (2021-2023) was 30.80%, and for the last 5 years (2019-2023) was 20.29%.

What are CB Financial Services’s revenue streams?

CB Financial Services's revenue streams in c 23 are Financial Service, Other, Insurance Commissions, and Deposit Account. Financial Service, Other generated $521K in revenue, accounting 6.37% of the company's total revenue, down -22.12% year-over-year. Insurance Commissions generated $5.84M in revenue, accounting 71.39% of the company's total revenue, down -1.60% year-over-year. Deposit Account generated $1.82M in revenue, accounting 22.24% of the company's total revenue, down -15.79% year-over-year.

What is CB Financial Services’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of CB Financial Services was Insurance Commissions. This segment made a revenue of $5.84M, representing 71.39% of the company's total revenue.