CB Financial Services, Inc. (CBFV) vs Finward Bancorp (FNWD)
A side-by-side comparison of CB Financial Services, Inc. and Finward Bancorp across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.
Total return — CBFV vs FNWD
growth of $100 · dividends reinvested · last 10yCBFV vs FNWD: by the numbers
- •CBFV is the larger company ($188M vs $182M market cap).
- •FNWD trades at the lower trailing earnings multiple (18.38 vs 28.91 P/E), one valuation lens rather than an overall verdict.
- •CBFV converts more revenue to profit (9.91% vs 9.65% net margin).
- •FNWD grew revenue faster over the past five years (8.22% vs 6.68% CAGR).
- •CBFV pays the higher dividend yield (2.97% vs 1.15%).
Metrics side by side
Valuation
| Metric | CBFV | FNWD |
|---|---|---|
| P/E ratio | 28.91 | 18.38 |
| Forward P/E | 11.69 | 15.87 |
| P/S ratio | 2.58 | 1.78 |
| P/B ratio | 1.16 | 1.02 |
Profitability
| Metric | CBFV | FNWD |
|---|---|---|
| Operating margin | 10.89% | 10.32% |
| Net margin | 9.91% | 9.65% |
| ROE | 4.45% | 5.51% |
CB Financial Services, Inc.: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.
Finward Bancorp: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.
Dividends
| Metric | CBFV | FNWD |
|---|---|---|
| Dividend yield | 2.97% | 1.15% |
| Payout ratio | 85.94% | 21.05% |
Growth (annualized)
| Metric | CBFV | FNWD |
|---|---|---|
| Revenue CAGR (5Y) | 6.68% | 8.22% |
| EPS CAGR (5Y) | N/A | -16.97% |
| Total return CAGR (5Y) | 14.17% | 2.19% |
Frequently asked
- Which has the lower trailing P/E, CBFV or FNWD?
- FNWD has the lower trailing P/E: CBFV trades at 28.91 and FNWD at 18.38. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, CBFV or FNWD?
- Over the past five years, FNWD grew revenue faster — CBFV at a 6.68% CAGR versus FNWD at 8.22%.
- Does CBFV or FNWD pay a bigger dividend?
- CBFV yields 2.97% and FNWD yields 1.15% based on trailing dividends and the latest price.
- Is CBFV or FNWD more profitable?
- CBFV runs the higher net margin — CBFV at 9.91% versus FNWD at 9.65%.
- How have CBFV and FNWD total returns compared?
- Over the past 10 years, CBFV delivered 8.77% and FNWD delivered 5.20% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
CB Financial Services & Finward Bancorp appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.