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Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. CB Financial Services's annualizedNet Income for the quarter that ended in Mar. 2026 was €13.38 Mil. CB Financial Services's average total tangible assets for the quarter that ended in Mar. 2026 was €1,337.27 Mil. Therefore, CB Financial Services's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.00%.
The historical rank and industry rank for CB Financial Services's Return-on-Tangible-Asset or its related term are showing as below:
FRA:M8M'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.79 Med: 0.81 Max: 1.59
Current: 0.46
During the past 13 years, CB Financial Services's highest Return-on-Tangible-Asset was 1.59%. The lowest was -0.79%. And the median was 0.81%.
FRA:M8M's Return-on-Tangible-Asset is ranked worse than 80.63% of 1528
companies
in the Banks industry
Industry Median: 1.005
vs FRA:M8M: 0.46
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
CB Financial Services Return-on-Tangible-Asset Related Terms
CB Financial Services Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for CB Financial Services's Return-on-Tangible-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:M8M vs FGFH, ARBV, CPKF: Return-on-Tangible-Asset Comparison
For the Banks - Regional subindustry, CB Financial Services's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
CB Financial Services Return-on-Tangible-Asset vs Banks Industry
For the Banks industry and Financial Services sector, CB Financial Services's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where CB Financial Services's Return-on-Tangible-Asset falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 1.00% mean?
CB Financial Services (FRA:M8M) has a Return-on-Tangible-Asset of 1.00% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on CB Financial Services and its competitors. This is 23% above median its historical median of 0.81. According to the industry distribution chart, CB Financial Services ranks #1232 out of 1528 companies in the Banks industry, placing it in the top 80.6%.
Is CB Financial Services' Return-on-Tangible-Asset too high?
CB Financial Services' current Return-on-Tangible-Asset of 1.00% is 23% above median its 10-year median of 0.81. The Banks industry median Return-on-Tangible-Asset is 1.01. CB Financial Services' value of 1.00% is 0.5% below this industry median. Based on the distribution chart, CB Financial Services ranks #1232 out of 1528 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, CB Financial Services has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does CB Financial Services' Return-on-Tangible-Asset compare to FGFH and ARBV?
According to the Banks industry distribution chart, CB Financial Services ranks #1232 out of 1528 companies for Return-on-Tangible-Asset. This places CB Financial Services in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.01. CB Financial Services' value of 1.00% is 0.5% below this benchmark. While the company's 10-year median is 0.81 vs. the industry median of 1.01, CB Financial Services has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Banks company?
The median Return-on-Tangible-Asset among Banks companies is 1.01, based on 1,528 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CB Financial Services's current Return-on-Tangible-Asset of 1.00% is 0.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on CB Financial Services and its competitors. For the Banks industry, the median Return-on-Tangible-Asset is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CB Financial Services's current Return-on-Tangible-Asset is 1.00%, which is 23% above median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CB Financial Services stock overvalued right now?
CB Financial Services (FRA:M8M) has a current Return-on-Tangible-Asset of 1.00%. The stock's GF Value™ is €27.65, compared to a current price of €32.65 — trading 18.1% above its estimated fair value. The current Return-on-Tangible-Asset is 1.00%, which is 23% above median its 10-year median of 0.81 and 0.5% below the Banks industry median of 1.01. CB Financial Services' overall GF Score™ is 58/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For CB Financial Services (FRA:M8M), the current Return-on-Tangible-Asset is 1.00% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is CB Financial Services (FRA:M8M) Overvalued in 2026?
Based on GuruFocus' analysis, CB Financial Services stock appears to be overvalued.
The current stock price of €32.65 is trading 18.1% above its estimated GF Value™ of €27.65.
Key valuation signals for FRA:M8M:
Return-on-Tangible-Asset: 1.00% (23% above median its 10-year median of 0.81)
GF Value™: €27.65 vs. price of €32.65 (18.1% above fair value)
Industry Position: 0.5% below the Banks median (#1232 of 1528)
No single metric tells the full story. See the FRA:M8M stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CB Financial Services Incis a bank holding company headquartered in Carmichaels, Pennsylvania. The company had one reportable segment, community banking services. The Bank also has a loan production office in Allegheny County, a loan production office and a corporate center in Washington County, and an operations center in Greene County, Pennsylvania. The Bank is a community-oriented institution offering residential and commercial real estate loans, commercial and industrial loans, and consumer loans, as well as a variety of deposit products for individuals and businesses in its market area.
58GF Score
Get the complete analysis for FRA:M8M
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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