CB Financial Services Appoints New CFO
- Executive Appointment: CB Financial Services announced the promotion of Amanda L. Engles to Executive Vice President and Chief Financial Officer effective January 21, 2025, indicating stability and continuity in the company's financial leadership.
- Interim Role Confirmation: Engles has been serving as the interim CFO since February 2025 and as Senior Vice President and CFO of its bank subsidiary, highlighting her critical role in the company's financial management.
- Extensive Industry Experience: With over 22 years in the banking sector, Engles previously held senior finance roles at Emclaire Financial Corp and The Farmers National Bank of Emlenton, enhancing her expertise in financial decision-making.
- Educational Background: Engles holds an MBA and a bachelor's degree in business administration with a concentration in accounting from Clarion University of Pennsylvania, providing a solid academic foundation for her leadership role in finance.
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- Earnings Miss: CB Financial Services reported a Q4 non-GAAP EPS of $0.72, missing expectations by $0.09, indicating potential pressure on profitability that could affect investor confidence.
- Revenue Growth: The company achieved $15.73 million in revenue for Q4, reflecting a 19.3% year-over-year increase and surpassing market expectations by $0.73 million, demonstrating strong business momentum that may enhance competitive positioning.
- Executive Promotion: CB Financial Services promoted Amanda Engles to EVP and CFO, aiming to strengthen financial management and strategic planning, which could improve overall operational efficiency.
- Market Reaction: Despite beating revenue expectations, the EPS miss may lead to short-term stock price volatility, prompting investors to monitor future financial performance and management strategy adjustments.
- Executive Appointment: CB Financial Services announced the promotion of Amanda L. Engles to Executive Vice President and Chief Financial Officer effective January 21, 2025, indicating stability and continuity in the company's financial leadership.
- Interim Role Confirmation: Engles has been serving as the interim CFO since February 2025 and as Senior Vice President and CFO of its bank subsidiary, highlighting her critical role in the company's financial management.
- Extensive Industry Experience: With over 22 years in the banking sector, Engles previously held senior finance roles at Emclaire Financial Corp and The Farmers National Bank of Emlenton, enhancing her expertise in financial decision-making.
- Educational Background: Engles holds an MBA and a bachelor's degree in business administration with a concentration in accounting from Clarion University of Pennsylvania, providing a solid academic foundation for her leadership role in finance.
- Earnings Estimate Increase: CB Financial Services has seen its 2023 earnings estimate raised by 4.2% over the past 60 days, indicating increased market confidence in its future profitability, which may attract more investor interest.
- Dividend Yield Advantage: The company boasts a dividend yield of 2.9%, surpassing the industry average of 2.4%, which not only enhances its appeal but may also strengthen long-term shareholder retention.
- Strong Rating: As a Zacks Rank #1 company, CB Financial Services demonstrates robust performance in the competitive financial services sector, potentially driving further stock price appreciation.
- Optimistic Market Outlook: With the earnings estimate increase and enhanced dividend yield, CB Financial Services is positioned to attract more institutional investors in the future, thereby bolstering its market competitiveness and capital strength.

Medium-Term Financial Objectives: MarketAxess Holdings Inc. has set medium-term financial targets aiming for 8-9% annual revenue growth and a 75-125 basis point improvement in operating margin from 2026 to 2028, based on stable market conditions and technology investments.
Share Repurchase Program: The company announced a share repurchase program totaling $505 million, which includes $400 million in new authorizations and $105 million from a previous program, with plans to finance it through cash reserves and borrowings.
Financial Position and Performance: MarketAxess reported strong financial health with $473.3 million in cash as of September 30, 2025, and a 6.9% increase in net cash from operations year-over-year, alongside a recent 2.7% dividend hike.
Stock Performance and Comparisons: MarketAxess shares have increased by 1% over the past month, underperforming the industry average of 2.1%, while other finance stocks like CB Financial and Acadian Asset Management have shown stronger gains.
Earnings Performance: CB Financial Services reported quarterly earnings of $0.74 per share, exceeding the Zacks Consensus Estimate of $0.66 and showing a year-over-year increase from $0.55. The company has surpassed consensus EPS estimates three times in the last four quarters.
Revenue Growth: The company generated revenues of $14.17 million for the quarter, surpassing the Zacks Consensus Estimate by 1.24% and increasing from $12.71 million a year ago. It has also topped revenue estimates three times in the past four quarters.
Stock Outlook: CB Financial Services holds a Zacks Rank #1 (Strong Buy), indicating expected outperformance in the near future. The current consensus EPS estimate for the next quarter is $0.78, with anticipated revenues of $14.8 million.
Industry Context: The Banks - Northeast industry, to which CB Financial Services belongs, is currently ranked in the top 24% of Zacks industries, suggesting a favorable outlook that could impact stock performance.

Income Investing Focus: Income investors prioritize generating consistent cash flow, primarily through dividends, which significantly contribute to long-term returns, often exceeding one-third of total returns.
CB Financial Services Overview: CB Financial Services (CBFV) has seen an 18.58% stock price increase this year, currently pays a dividend of $0.26 per share with a yield of 3.07%, and has a solid earnings growth forecast for 2025, with a Zacks Rank of #1 (Strong Buy).







