CB Financial Services, Inc. announced its financial results for the second quarter of 2025. The company reported a net income of $3.949 million for the quarter, an increase from $1.909 million in the previous quarter. Additionally, the adjusted net income (Non-GAAP) rose to $3.949 million from $2.717 million. Earnings per common share on a diluted basis (GAAP) were $0.74, up from $0.35 in the previous quarter. The adjusted earnings per share (Non-GAAP) also increased to $0.74 from $0.50. The company highlighted its net interest margin expansion, attributed to a reduction in the cost of funds due to a favorable deposit mix, disciplined deposit pricing, and recent federal funds rate cuts. The yield on earning assets also grew, supported by balance sheet repositioning strategies that mitigated the effects of recent rate reductions on asset repricing. CB Financial Services, Inc. noted a 1.7% growth in its loan portfolio, driven by increases in commercial real estate and commercial and industrial loans, reflecting its proactive management approach and efforts to sustain strong margin performance.
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