CB Financial Services, Inc. Financial Ratios — CBFV Stock

Profitability (USD)

	2005 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2005	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	10.76	30.17	18.91	6.76	9.98	8.6	7.6	6.11	9.92	-7.45	8.65	9.25	18.04	8.77	3.22
Return on Assets (%)	0.89	2.52	1.56	0.62	1	0.9	0.78	0.64	1.1	-0.78	0.81	0.79	1.57	0.86	0.32
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100
EBITDA Margin (%)	8.21	2.6	3.39	3.47	7.17	8.69	6.96	6.79	7.48	6.83	5.22	5.41	6.46	4.94	4.36
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	27.75	28.19	29.23	26.83	33.09	30.06	27.34	19.16	32.21	-19.2	31.5	28.18	71.49	31.22	12.77
Profit Margin (%)	19.64	22.63	22.97	19.52	23.49	21.31	19.34	15.73	28.74	-21.75	24.8	22.51	53.23	25.63	11.82
Net Income to Common Margin (%)	19.64	22.63	22.97	19.52	23.49	21.31	19.34	15.73	28.74	-21.75	24.8	22.51	53.23	25.63	11.82
Effective Tax Rate (%)	29.22	19.71	21.42	27.27	29.02	29.11	29.27	17.9	10.77	- -	21.27	20.12	25.54	17.92	7.49
Dvd Payout Ratio (%)	36.08	48.68	48.68	54.36	41.1	47.39	51.8	64.22	36.4	-48.71	44.67	43.74	22.67	40.73	104.71
Sustainable Growth Rate (%)	6.88	15.48	9.71	3.09	5.88	4.52	3.66	2.19	6.31	-11.08	4.78	5.2	13.95	5.2	-0.15

Credit (USD)

Credit Ratios API ChatGPT

	2005 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2005	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	17	- -	4	41	37	55	64	51	14	8	18	15	35	35	35
ST Debt	11	- -	- -	26	9	27	40	31	6	2	3	- -	- -	20	20
LT Debt	5	- -	4	15	28	28	24	20	8	6	15	15	35	15	15
Total Debt/EBITDA	13.5	- -	6.36	53.65	14.53	17.8	25.65	16.74	3.76	2.4	7.23	5.41	12.67	14.32	19.2
Net Debt/EBITDA	2.59	- -	-19.74	38.25	10.12	13.18	17.4	-0.78	-17.76	-45.78	-41.92	-32.94	-12.26	-6.13	1.69
Total Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	8.34	- -	8.24	9.68	10.46	10.57	9.98	10.74	11.43	9.5	9.34	7.82	9.6	9.95	10.18
Long-Term Debt/Equity (%)	19.65	- -	8.89	18.48	32.22	31.3	26.27	14.53	5.29	4.46	10.97	13.29	24.8	9.99	9.37
Long-Term Debt/Capital (%)	12.35	- -	8.16	12.32	22.53	19.38	15.57	10.6	4.85	4.21	9.69	11.73	19.87	8.08	7.67
Long-Term Debt/Total Assets (%)	1.64	- -	0.73	1.79	3.37	3.31	2.62	1.56	0.61	0.42	1.02	1.04	2.38	0.99	0.95
Total Debt/Equity (%)	59.11	- -	8.89	49.98	42.99	61.5	68.74	37.04	9.27	5.95	13.22	13.29	24.8	23.56	22.06
Total Debt/Capital (%)	37.15	- -	8.16	33.32	30.07	38.08	40.74	27.03	8.48	5.61	11.68	11.73	19.87	19.07	18.08
Total Debt/Total Assets (%)	4.93	- -	0.73	4.84	4.5	6.5	6.86	3.98	1.06	0.56	1.23	1.04	2.38	2.34	2.25
Net Debt to Equity	11.34	- -	-27.59	35.63	29.94	45.54	46.63	-1.72	-43.82	-113.66	-76.68	-80.85	-23.99	-10.08	1.95
Net Debt/Capital (%)	10.19	- -	-38.1	26.27	23.04	31.29	31.8	-1.76	-78.01	831.9	-328.73	-422.23	-31.56	-11.21	1.91
EBITDA	1	- -	1	1	3	3	2	3	4	3	2	3	3	2	2
EBITDA-CapEx	1	-1	- -	-6	2	1	-1	-2	3	3	- -	2	-1	-1	1
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2005 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2005	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Quick Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
CFO/Avg Current Liab	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	8.34	- -	8.24	9.68	10.46	10.57	9.98	10.74	11.43	9.5	9.34	7.82	9.6	9.95	10.18
Long-Term Debt/Equity (%)	19.65	- -	8.89	18.48	32.22	31.3	26.27	14.53	5.29	4.46	10.97	13.29	24.8	9.99	9.37
Long-Term Debt/Capital (%)	12.35	- -	8.16	12.32	22.53	19.38	15.57	10.6	4.85	4.21	9.69	11.73	19.87	8.08	7.67
Long-Term Debt/Total Assets (%)	1.64	- -	0.73	1.79	3.37	3.31	2.62	1.56	0.61	0.42	1.02	1.04	2.38	0.99	0.95
Total Debt/Equity (%)	59.11	- -	8.89	49.98	42.99	61.5	68.74	37.04	9.27	5.95	13.22	13.29	24.8	23.56	22.06
Total Debt/Capital (%)	37.15	- -	8.16	33.32	30.07	38.08	40.74	27.03	8.48	5.61	11.68	11.73	19.87	19.07	18.08
Total Debt/Total Assets (%)	4.93	- -	0.73	4.84	4.5	6.5	6.86	3.98	1.06	0.56	1.23	1.04	2.38	2.34	2.25
CFO/Total Liabilities	1.72	- -	1.61	-0.31	6.93	1.4	1.38	1.19	1.53	1.1	1.01	1.09	1.08	0.51	1.28
CFO/CapEx	- -	6.12	33.97	-0.37	85.37	4.16	3.02	2.56	18.85	43.72	5.47	27.8	4.32	2.04	27.4
Altman's Z-Score	0.18	- -	0.14	0.16	0.2	0.21	0.21	0.17	0.2	0.14	0.15	0.15	0.17	0.19	0.19

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2005 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2005	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	3.45	8.53	6.16	2.87	3.95	3.8	3.51	3.66	3.35	3.15	3.32	2.94	4.01	- -	- -
Days Sales Outstanding	105.83	42.77	59.26	127.2	92.3	96.03	104.1	99.65	108.9	115.88	109.83	124.2	91.09	- -	- -
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2005 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2005	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	18	- -	- -	81	94	106	123	135	165	109	127	109	122	147	176
- Cash & Cash Equivalents	13	- -	16	12	11	14	21	53	80	161	120	104	68	50	32
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	17	- -	4	41	37	55	64	51	14	8	18	15	35	35	35
Enterprise Value	21	- -	-146	5	24	40	43	-93	-96	-187	-198	-167	-116	-128	179
Total Capital	44	- -	49	123	124	144	157	189	165	143	151	125	175	182	192
Total Debt/Capital (%)	37.15	- -	8.16	33.32	30.07	38.08	40.74	27.03	8.48	5.61	11.68	11.73	19.87	19.07	18.08
Total Debt / EV	0.79	- -	-0.03	8.6	1.58	1.37	1.5	-0.55	-0.15	-0.04	-0.09	-0.09	-0.3	-0.27	0.19
EV/Sales	1.41	- -	- -	0.22	0.66	1.13	1.19	- -	- -	- -	- -	- -	- -	- -	4.3
EV/EBITDA	17.15	- -	- -	6.24	9.21	12.99	17.12	- -	- -	- -	- -	- -	- -	- -	98.69
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	3.98	- -	- -	- -	0.46	3.8	3.69	- -	- -	- -	- -	- -	- -	- -	10.03
EV/Free Cash Flow to Firm	3.98	- -	- -	1.14	0.45	3.06	2.77	- -	- -	- -	- -	- -	- -	- -	9.68
Diluted Market Cap	18	47	49	52	93	106	123	125	164	108	130	110	122	152	185
Diluted Enterprise Value	21	47	37	82	119	146	167	122	98	-45	28	21	88	137	188
EV per Share	8.93	19	- -	1.17	5.81	9.83	10.44	- -	- -	- -	- -	- -	- -	- -	35.47
TTM Sales	15	19	19	22	36	36	36	45	50	49	47	50	42	49	41
TTM EBITDA	1	- -	1	1	3	3	2	3	4	3	2	3	3	2	2
TTM Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Cash Flow to Firm	5	7	8	-2	52	11	12	14	18	14	13	14	14	7	18
TTM Free Cash Flow to Firm	5	8	8	4	52	13	15	19	19	14	15	15	18	10	18

Multiples (USD)

Valuation Multiples API ChatGPT

	2005 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2005	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	3.41	6.02	5.91	12.6	1.79	8.06	7.98	6.57	8.73	7.51	8.41	7.53	6.96	15.06	10.02
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	21	- -	-146	5	24	40	43	-93	-96	-187	-198	-167	-116	-128	179
Low Price	13.9	18.1	18.5	19.25	19.35	19	25.1	22.82	22.77	16.25	17.76	20.49	17.2	20.75	26.01
EV/Sales	1.41	- -	- -	0.22	0.66	1.13	1.19	- -	- -	- -	- -	- -	- -	- -	4.3
EV/EBITDA	17.15	- -	- -	6.24	9.21	12.99	17.12	- -	- -	- -	- -	- -	- -	- -	98.69
Price/Earnings	6.07	10.99	11.43	12.21	11.08	13.92	17.66	17.51	11.43	- -	11.2	9.79	5.4	11.65	35.81
Price/Earnings Average	5.42	11.42	11.54	12.19	9.91	11.88	16.35	21.77	9.67	-11.32	10.39	10.46	4.9	10.2	31.6
Price/Earnings High	13.62	12.43	12.73	13.19	12.09	14.48	18.55	26.1	11.72	-15.73	11.63	12.24	5.67	13.75	38.47
Price/Earnings Low	11.13	10.47	10.71	11.81	9.36	10.23	14.78	16.12	8.64	-8.26	8.26	9.36	3.9	8.46	26.72
Price/Book Value	0.64	- -	- -	0.99	1.08	1.18	1.32	0.98	1.09	0.81	0.95	0.99	0.87	1	1.11
Price/Book Value Average	0.57	- -	- -	0.99	0.96	1.01	1.22	1.22	0.92	0.9	0.88	1.06	0.79	0.87	0.98
Price/Book Value High	1.43	- -	- -	1.07	1.17	1.23	1.38	1.46	1.12	1.25	0.99	1.24	0.91	1.17	1.2
Price/Book Value Low	1.17	- -	- -	0.96	0.91	0.87	1.1	0.9	0.82	0.66	0.7	0.95	0.63	0.72	0.83
Price/Tangible Book Value	0.76	- -	- -	1.13	1.21	1.31	1.45	1.37	1.47	0.93	1.07	1.13	0.94	1.07	1.19
Price/Tangible Book Value Average	0.68	- -	- -	1.13	1.08	1.12	1.34	1.7	1.24	1.04	1	1.21	0.86	0.93	1.05
Price/Tangible Book Value High	1.7	- -	- -	1.23	1.31	1.36	1.52	2.04	1.51	1.44	1.11	1.41	0.99	1.26	1.28
Price/Tangible Book Value Low	1.39	- -	- -	1.1	1.02	0.96	1.21	1.26	1.11	0.76	0.79	1.08	0.68	0.77	0.89
Price/Sales	1.19	2.49	2.63	2.38	2.6	2.97	3.41	2.75	3.29	2.21	2.78	2.2	2.87	2.99	4.23
Price/Sales Average	1.07	2.58	2.65	2.38	2.33	2.53	3.16	3.42	2.78	2.46	2.58	2.35	2.61	2.61	3.73
Price/Sales High	2.67	2.81	2.92	2.57	2.84	3.09	3.59	4.11	3.37	3.42	2.88	2.76	3.02	3.52	4.55
Price/Sales Low	2.19	2.37	2.46	2.31	2.2	2.18	2.86	2.54	2.48	1.8	2.05	2.11	2.08	2.17	3.16
Price/Cash Flow	3.37	6.9	6.04	-21.83	1.81	9.98	10.57	9.04	9.17	7.68	9.92	7.78	8.55	21.74	9.86
Price/Cash Flow Average	3.01	7.17	6.1	-21.8	1.62	8.52	9.79	11.24	7.75	8.55	9.21	8.31	7.76	19.02	8.7
Price/Cash Flow High	7.57	7.8	6.73	-23.59	1.97	10.39	11.1	13.48	9.4	11.89	10.31	9.73	8.97	25.65	10.59
Price/Cash Flow Low	6.19	6.57	5.66	-21.12	1.53	7.34	8.84	8.32	6.92	6.24	7.32	7.44	6.18	15.78	7.36
Price/Free Cash Flow Average	3.05	6.26	5.96	12.58	1.6	6.88	7.39	8.17	7.38	8.36	7.8	8.04	6.32	13.18	8.85
Price/Free Cash Flow High	7.65	6.81	6.58	13.61	1.95	8.38	8.38	9.79	8.95	11.62	8.73	9.41	7.3	17.76	10.77
Price/Free Cash Flow Low	6.26	5.74	5.53	12.18	1.51	5.92	6.68	6.05	6.59	6.1	6.2	7.2	5.03	10.93	7.48
EV/Sales Average	1.28	- -	1.98	5.01	3.06	3.68	4.38	3.68	1.47	- -	0.33	0.56	1.82	2.31	3.81
EV/Sales High	2.89	- -	2.25	5.31	3.57	4.24	4.8	4.42	2.06	0.31	0.63	0.95	2.23	3.22	4.62
EV/Sales Low	2.4	- -	1.79	4.89	2.93	3.33	4.07	2.71	1.17	- -	- -	0.31	1.29	1.87	3.23
EV/EBITDA Average	15.6	- -	-19.74	144.27	42.64	42.34	62.93	54.19	19.6	-9.55	6.35	10.26	28.17	46.81	87.3
EV/EBITDA High	35.25	- -	-19.74	152.98	49.78	48.73	69.03	65.14	27.53	4.58	12.09	17.61	34.47	65.24	105.9
EV/EBITDA Low	29.29	- -	-19.74	140.97	40.82	38.29	58.54	39.93	15.61	-19.34	-3.55	5.71	19.92	37.79	74.07
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Last Price	7.58	19	19.75	19.9	22.92	25.85	30	24.78	30.14	20.01	24.07	21.43	23.81	28.58	34.86
High Price	17	21.5	22	21.5	25	26.9	31.5	36.95	30.9	30.95	25	26.8	24.98	33.72	37.45
Enterprise Value Average	19	- -	-12	110	110	131	157	165	73	-32	15	28	77	114	158
Enterprise Value High	43	- -	-12	117	128	151	173	198	103	15	29	48	94	158	192
Enterprise Value Low	36	- -	-12	108	105	118	146	122	58	-65	-9	15	55	92	134

Shares Outstanding	2	- -	- -	4	4	4	4	5	5	5	5	5	5	5	5
Diluted Weighted Avg Shares	2	2	2	3	4	4	4	5	5	5	5	5	5	5	5
Basic Weighted Avg Shares	2	2	2	3	4	4	4	5	5	5	5	5	5	5	5
Revenue per Share	6.36	7.64	7.52	8.35	8.8	8.72	8.78	9	9.17	9.05	8.67	9.73	8.28	9.57	8.24
EBITDA per Share	0.52	0.2	0.26	0.29	0.63	0.76	0.61	0.61	0.69	0.62	0.45	0.53	0.54	0.47	0.36
Operating Income per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	1.25	1.73	1.73	1.63	2.07	1.86	1.7	1.42	2.64	-1.97	2.15	2.19	4.41	2.45	0.97
Basic EPS from Cont Ops	1.25	1.73	1.73	1.63	2.07	1.86	1.7	1.42	2.64	-1.97	2.15	2.19	4.41	2.45	0.97
Diluted EPS, GAAP	1.23	1.7	1.72	1.63	2.07	1.86	1.69	1.4	2.63	-1.97	2.15	2.18	4.4	2.38	0.92
Diluted EPS from Cont Ops	1.23	1.7	1.72	1.63	2.07	1.86	1.69	1.4	2.63	-1.97	2.15	2.18	4.4	2.38	0.92
Dividend per Share	0.45	0.84	0.84	0.89	0.85	0.88	0.88	0.91	0.96	0.96	0.96	0.96	1	1	1.02
Cash Flow per Share	2.25	2.75	3.27	-0.91	12.66	2.59	2.84	2.74	3.29	2.6	2.43	2.75	2.78	1.31	3.54
Free Cash Flow per Basic Share	2.25	2.3	3.17	-3.4	12.51	1.97	1.9	1.67	3.11	2.54	1.98	2.66	2.14	0.67	3.41
Cash & Equivalents per Share	5.68	- -	- -	28.79	26.27	29.48	35.21	51.32	50.31	55.9	64.97	57.07	53.27	60.22	6.29
Book Value per Share	11.89	- -	- -	20.12	21.29	21.89	22.77	25.33	27.65	24.76	25.31	21.6	27.31	28.71	31.28
Tangible Book Value per Share	9.98	- -	- -	17.53	19.01	19.75	20.76	18.09	20.52	21.42	22.45	19	25.23	26.82	29.35

CB Financial Services, Inc.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)