CB Financial Services, Inc.
US ˙ NasdaqGM ˙ US12479G1013

SecurityCBFV / CB Financial Services, Inc.
InstitutionVanguard Group Inc
Latest Disclosed Ownership249,268 shares
Latest Disclosed Value $ 8,689,483
Vanguard Group Inc reports 1.30% increase in ownership of CBFV / CB Financial Services, Inc.

On January 29, 2026 - Vanguard Group Inc filed a 13F-HR form disclosing ownership of 249,268 shares of CB Financial Services, Inc. (US:CBFV) valued at $8,689,482 USD as of December 31, 2025. The entity filed a previous 13F-HR on November 7, 2025 disclosing 246,068 shares of CB Financial Services, Inc.. This represents a change in shares of 1.30% during the quarter. The current value of the position is $8,547,400 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-01-29 2025-12-31 13F CB FINL SVCS COM 12479G101 249,268 3,200 1.30 8,689 6.34 0.0001
2025-11-07 2025-09-30 13F CB FINL SVCS COM 12479G101 246,068 150,873 158.49 8,172 201.18 0.0001
2025-08-11 2025-06-30 13F CB FINL SVCS COM 12479G101 95,195 32,879 52.76 2,713 53.10 0.0000
2025-05-09 2025-03-31 13F CB FINL SVCS COM 12479G101 62,316 41 0.07 1,773 -0.39 0.0000
2025-02-11 2024-12-31 13F CB FINL SVCS COM 12479G101 62,275 0 0.00 1,780 2.18 0.0000
2024-11-13 2024-09-30 13F CB FINL SVCS COM 12479G101 62,275 0 0.00 1,741 23.39 0.0000
2024-08-13 2024-06-30 13F CB FINL SVCS COM 12479G101 62,275 14 0.02 1,411 4.83 0.0000
2024-05-10 2024-03-31 13F CB FINL SVCS COM 12479G101 62,261 54 0.09 1,346 -9.12 0.0000
2024-03-11 2023-12-31 13F/A-1 CB FINL SVCS COM 12479G101 62,207 -22,946 -26.95 1,481 -18.72 0.0000
2024-02-14 2023-12-31 13F CB FINL SVCS COM 12479G101 62,207 -22,946 1,481 0.0000
2023-12-18 2023-09-30 13F/A-1 CB FINL SVCS COM 12479G101 85,153 2,912 3.54 1,822 7.05 0.0000
2023-11-14 2023-09-30 13F CB FINL SVCS COM 12479G101 85,153 2,912 1,822 0.0000
2023-08-14 2023-06-30 13F CB FINL SVCS COM 12479G101 82,241 -105,497 -56.19 1,702 -58.23 0.0000
2023-07-14 2023-03-31 13F/A-1 CB FINL SVCS COM 12479G101 187,738 329 0.18 4,076 1.47 0.0001
2023-05-15 2023-03-31 13F CB FINL SVCS COM 12479G101 187,738 329 4,076 0.0000
2023-02-10 2022-12-31 13F CB FINL SVCS COM 12479G101 187,409 206 0.11 4,016 -1.40 0.0001
2022-11-14 2022-09-30 13F CB FINL SVCS COM 12479G101 187,203 0 0.00 4,073 -4.84 0.0001
2022-08-12 2022-06-30 13F CB FINL SVCS COM 12479G101 187,203 1,770 0.95 4,280 -3.84 0.0001
2022-05-13 2022-03-31 13F CB FINL SVCS COM 12479G101 185,433 495 0.27 4,451 -0.02 0.0001
2022-02-14 2021-12-31 13F CB FINL SVCS COM 12479G101 184,938 -183 -0.10 4,452 2.56 0.0001
2021-11-12 2021-09-30 13F CB FINL SVCS COM 12479G101 185,121 -29,121 -13.59 4,341 -8.51 0.0001
2021-08-13 2021-06-30 13F CB FINL SVCS COM 12479G101 214,242 -17,782 -7.66 4,745 -7.58 0.0001
2021-05-14 2021-03-31 13F CB FINL SVCS COM 12479G101 232,024 4,242 1.86 5,134 12.64 0.0001
2021-02-12 2020-12-31 13F CB FINL SVCS COM 12479G101 227,782 2,178 0.97 4,558 5.90 0.0001
2020-11-16 2020-09-30 13F CB FINL SVCS COM 12479G101 225,604 -84 -0.04 4,304 -12.61 0.0001
2020-08-14 2020-06-30 13F CB FINL SVCS COM 12479G101 225,688 11,227 5.23 4,925 18.93 0.0002
2020-05-15 2020-03-31 13F CB FINL SVCS COM 12479G101 214,461 41,699 24.14 4,141 -20.47 0.0002
2020-02-14 2019-12-31 13F CB FINL SVCS COM 12479G101 172,762 5,330 3.18 5,207 12.05 0.0002
2019-11-14 2019-09-30 13F CB FINL SVCS COM 12479G101 167,432 -67,099 -28.61 4,647 -16.57 0.0002
2019-08-14 2019-06-30 13F CB FINL SVCS COM 12479G101 234,531 -5,307 -2.21 5,570 -2.14 0.0002
2019-05-15 2019-03-31 13F CB FINL SVCS COM 12479G101 239,838 -2,097 -0.87 5,692 -5.05 0.0002
2019-02-14 2018-12-31 13F CB FINL SVCS COM 12479G101 241,935 404 0.17 5,995 -19.54 0.0003
2018-12-13 2018-09-30 13F/A-2 CB FINL SVCS COM 12479G101 241,531 347 0.14 7,451 -10.19 0.0003
2018-11-23 2018-09-30 13F/A-1 CB FINL SVCS COM 12479G101 241,531 0 7,451 0.0003
2018-11-14 2018-09-30 13F CB FINL SVCS COM 12479G101 241,531 347 7,451
2018-08-14 2018-06-30 13F CB FINL SVCS COM 12479G101 241,184 144,152 148.56 8,296 178.95 0.0003
2018-05-15 2018-03-31 13F CB FINL SVCS COM 12479G101 97,032 7,561 8.45 2,974 9.54 0.0001
2018-02-14 2017-12-31 13F CB FINL SVCS COM 12479G101 89,471 24,421 37.54 2,715 40.31 0.0001
2017-11-14 2017-09-30 13F CB FINL SVCS COM 12479G101 65,050 1,998 3.17 1,935 17.63 0.0001
2017-08-24 2017-06-30 13F/A-1 CB FINL SVCS COM 12479G101 63,052 1,021 1.65 1,645 -4.58 0.0001
2017-08-11 2017-06-30 13F CB FINL SVCS COM 12479G101 63,052 1,021 1,645
2017-05-12 2017-03-31 13F CB FINL SVCS COM 12479G101 62,031 100 0.16 1,724 7.68 0.0001
2017-02-14 2016-12-31 13F CB FINL SVCS COM 12479G101 61,931 1,820 3.03 1,601 15.35 0.0001
2016-11-14 2016-09-30 13F CB FINL SVCS COM 12479G101 60,111 100 0.17 1,388 8.61 0.0001
2016-08-10 2016-06-30 13F CB FINL SVCS COM 12479G101 60,011 0 0.00 1,278 7.30 0.0001
2016-05-13 2016-03-31 13F CB FINL SVCS COM 12479G101 60,011 13,900 30.14 1,191 12.78 0.0001
2016-02-08 2015-12-31 13F CB FINL SVCS COM 12479G101 46,111 20,865 82.65 1,056 94.12 0.0001
2015-11-12 2015-09-30 13F/A-1 CB FINL SVCS COM 12479G101 25,246 1,169 4.86 544 13.57 0.0000
2015-11-12 2015-09-30 13F/A-1 CB FINL SVCS COM 12479G101 25,246 1,169 544 0.0000
2015-11-12 2015-09-30 13F CB FINL SVCS COM 12479G101 4,529,252 167,313
2015-08-13 2015-06-30 13F CB FINL SVCS COM 12479G101 24,077 0 0.00 479 1.27 0.0000
2015-05-15 2015-03-31 13F/A-1 CB FINL SVCS COM 12479G101 24,077 5,804 31.76 473 29.95 0.0000
2015-05-14 2015-03-31 13F CB FINL SVCS COM 12479G101 24,077 473
2015-02-12 2014-12-31 13F CB FINL SVCS COM 12479G101 18,273 18,273 364 0.0000
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.