CB Financial Services (CBFV) Revenue & Revenue Breakdown
CB Financial Services Revenue Highlights
Latest Revenue (Y)
$61.76M
Latest Revenue (Q)
$19.59M
Main Segment (Y)
Insurance Commissions
CB Financial Services Revenue by Period
CB Financial Services Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $61.76M | 11380.11% |
| 2022-12-31 | $538.00K | -98.86% |
| 2021-12-31 | $47.22M | -4.39% |
| 2020-12-31 | $49.39M | -3.81% |
| 2019-12-31 | $51.35M | 13.29% |
| 2018-12-31 | $45.32M | 24.77% |
| 2017-12-31 | $36.32M | 1.20% |
| 2016-12-31 | $35.89M | -0.74% |
| 2015-12-31 | $36.16M | 62.61% |
| 2014-12-31 | $22.24M | 20.00% |
| 2013-12-31 | $18.53M | -0.56% |
| 2012-12-31 | $18.63M | 24.90% |
| 2005-12-31 | $14.92M | 14.72% |
| 2004-12-31 | $13.00M | 9.23% |
| 2003-12-31 | $11.91M | 0.37% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $19.59M | -0.31% |
| 2024-03-31 | $19.65M | 121.27% |
| 2023-12-31 | $8.88M | -30.85% |
| 2023-09-30 | $12.84M | -0.86% |
| 2023-06-30 | $12.96M | -8.99% |
| 2023-03-31 | $14.23M | 18150.00% |
| 2022-12-31 | $78.00K | -99.40% |
| 2022-09-30 | $13.03M | 10.88% |
| 2022-06-30 | $11.75M | 9151.18% |
| 2022-03-31 | $127.00K | -98.99% |
| 2021-12-31 | $12.58M | 16.88% |
| 2021-09-30 | $10.77M | -5.60% |
| 2021-06-30 | $11.41M | -8.49% |
| 2021-03-31 | $12.46M | -2.99% |
| 2020-12-31 | $12.85M | 5.98% |
| 2020-09-30 | $12.12M | -4.23% |
| 2020-06-30 | $12.66M | 5.42% |
| 2020-03-31 | $12.01M | -8.65% |
| 2019-12-31 | $13.14M | 1.25% |
| 2019-09-30 | $12.98M | 2.98% |
| 2019-06-30 | $12.61M | 0.99% |
| 2019-03-31 | $12.48M | -0.77% |
| 2018-12-31 | $12.58M | 4.32% |
| 2018-09-30 | $12.06M | 8.38% |
| 2018-06-30 | $11.13M | 16.45% |
| 2018-03-31 | $9.55M | 1.78% |
| 2017-12-31 | $9.39M | 3.71% |
| 2017-09-30 | $9.05M | 1.21% |
| 2017-06-30 | $8.94M | 0.06% |
| 2017-03-31 | $8.94M | -2.36% |
| 2016-12-31 | $9.15M | 5.94% |
| 2016-09-30 | $8.64M | -3.55% |
| 2016-06-30 | $8.96M | -1.90% |
| 2016-03-31 | $9.13M | 0.93% |
| 2015-12-31 | $9.05M | 0.15% |
| 2015-09-30 | $9.04M | 1.22% |
| 2015-06-30 | $8.93M | -2.38% |
| 2015-03-31 | $9.14M | 19.03% |
| 2014-12-31 | $7.68M | 55.31% |
| 2014-09-30 | $4.95M | 1.58% |
| 2014-06-30 | $4.87M | 2.83% |
| 2014-03-31 | $4.74M | -1.97% |
| 2013-12-31 | $4.83M | 2.27% |
| 2013-09-30 | $4.72M | 3.12% |
| 2013-06-30 | $4.58M | 22.09% |
| 2005-12-31 | $3.75M | -4.38% |
| 2005-09-30 | $3.92M | 5.23% |
| 2005-06-30 | $3.73M | 6.12% |
| 2005-03-31 | $3.51M | 3.79% |
| 2004-12-31 | $3.39M | -0.92% |
| 2004-09-30 | $3.42M | 8.13% |
| 2004-06-30 | $3.16M | 3.88% |
| 2004-03-31 | $3.04M | 3.14% |
| 2003-12-31 | $2.95M | -0.26% |
| 2003-09-30 | $2.96M | -3.90% |
| 2003-06-30 | $3.08M | 5.27% |
| 2003-03-31 | $2.92M | - |
CB Financial Services generated $19.59M in revenue during Q2 2024, up -0.31% compared to the previous quarter, and up 137.62% 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/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 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/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Jun 19 | Mar 19 | Dec 18 | Sep 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financial Service, Other | $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 | - | - | - | - |
| Insurance Commissions | $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 | - | - | - | - |
| Deposit Account | $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 | - | - | - | - |
| Wealth Management Referral Fees, Check Sales, and Safety Deposit Box Rentals | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $124.00K | $69.00K | $124.00K | $127.00K |
CB Financial Services's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Deposit Account (86.64%), Financial Service, Other (12.94%), and Insurance Commissions (0.42%).
CB Financial Services Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| MNSB | MainStreet Bancshares | $127.76M | $34.20M |
| OVLY | Oak Valley Bancorp | $87.34M | $18.76M |
| CBFV | CB Financial Services | $61.76M | $19.59M |
| CWBC | Community West Bancshares | $61.39M | $27.26M |
| HMNF | HMN Financial | $43.48M | $14.79M |
| LSBK | Lake Shore Bancorp | $36.39M | $9.49M |
| MGYR | Magyar Bancorp | $30.42M | $12.74M |
| HVBC | HV Bancorp | $25.74M | $6.58M |
| HFBL | Home Federal Bancorp, Inc. of Louisiana | $23.45M | $8.40M |
| OFED | Oconee Federal Financial | $16.61M | $3.21M |
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 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). The company'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). CBFV's quarterly revenue for Q4 2023 was $8.88M, a -30.85% decrease from the previous quarter (Q3 2023), and a 11285.90% increase year-over-year (Q4 2022).
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.