CF Bankshares Inc. reports news centered on its role as the holding company for CFBank, National Association, a nationally chartered boutique commercial bank serving markets that include Columbus, Cleveland, Cincinnati and Akron, Ohio, and Indianapolis, Indiana. Company updates describe commercial loans and equipment leases, commercial and residential real estate lending, treasury management deposits, residential mortgage lending, and full-service commercial and retail banking.
Recurring announcements cover quarterly and annual earnings, net interest margin, loan growth, deposit funding, credit quality, provision expense, noninterest income, and capital ratios at CFBank. Other releases address common and Series D preferred stock dividends, stock repurchase authorization activity, and additions to commercial and regional banking teams.
CF Bankshares (NASDAQ: CFBK) reported third-quarter 2026 net income of $6.0 million, with earnings rising from both comparison quarters. Diluted earnings per share were $0.91, versus $0.90 in the prior quarter and $0.36 a year earlier. Net interest income reached $14.9 million, and net interest margin widened to 2.96%. Nine-month net income rose to $17.0 million from $11.8 million.
Gross loans and leases reached $1.9 billion, up 2.2% from June, while deposits rose 1.6% to $1.9 billion. Noninterest expense increased 5.1% sequentially to $8.8 million as commercial banking recruitment continued. Loans at least 30 days past due rose to $30.8 million from $20.4 million; two loans driving the increase became current after quarter-end. Credit-loss provision expense fell to $551,000 from $944,000 in the prior quarter. Book value per share reached $29.83, up 10.5% year over year.
CF Bankshares (NASDAQ: CFBK), parent of CFBank, declared a quarterly cash dividend of $0.09 per share on its common stock.
The dividend is payable on October 20, 2026, to shareholders of record as of the close of business on October 12, 2026.
CF Bankshares (NASDAQ: CFBK) reported Q2 2026 net income of $5.9 million, or $0.90 per diluted share, up 18% from Q1 2026, with provision for credit losses of $944,000. Pre-provision, pre-tax net revenue (PPNR) was $8.2 million, a 26% sequential increase. Q2 ROE was 12.31% and ROA was 1.11%. Net interest income rose to $14.8 million, driving net interest margin to 2.93%, up 24bps from the prior quarter and 10bps from Q2 2025.
Commercial loan fundings were $135 million, producing net commercial loan growth of $52 million. Core deposits grew $91 million, including a $33 million (14%) increase in noninterest-bearing balances. The efficiency ratio improved to 50.4%. Asset quality metrics showed nonaccrual loans of $20.8 million (1.15% of total loans) and loans 30+ days past due of $20.4 million. The allowance for credit losses was $19.4 million, or 1.07% of total loans.
Capital remained strong with a Tier 1 leverage ratio of 11.64% and total capital ratio of 14.76%, while book value per share rose to $29.04. According to the company, the board declared a Q2 2026 cash dividend of $0.09 per common share and $9.00 per Series D preferred share, paid on July 21, 2026.
CF Bankshares (NASDAQ: CFBK), parent of CFBank, announced a quarterly cash dividend. The Board declared a $0.09 per share dividend on common stock and $9.00 per share on Series D preferred stock, which is convertible into 100 common shares. The dividend is payable July 21, 2026 to shareholders of record on July 13, 2026.
CF Bankshares (NASDAQ: CFBK), parent of CFBank, announced the hiring of Gregory Perelka as President of Residential Mortgage Lending. He brings executive experience in finance, sales, operations, and residential lending leadership at several regional and national institutions.
Perelka will lead strategic growth initiatives, operational performance, client experience, and new mortgage products, supporting CFBank's boutique, relationship-focused banking model and its expanding mortgage platform across Ohio and other markets.
CF Bankshares (NASDAQ: CFBK) reported Q1 2026 net income of $5.0M ($0.77 diluted), a 13% increase versus Q1 2025, with PPNR of $6.5M (up 5.4% YoY). NIM was 2.69%, ROE 10.74%, ROA 0.97%, book value per share $28.20, and Tier 1 leverage 11.76%.
Core commercial net loan growth was $45M in Q1 (annualized 15%), deposits totaled $1.8B, nonaccrual loans were $20.3M, and the Board declared a $0.09/share cash dividend paid April 21, 2026.
CF Bankshares (NASDAQ: CFBK) declared a quarterly cash dividend of $0.09 per common share and $9.00 per Series D preferred share, with each Series D share convertible into 100 common shares. The dividend is payable April 21, 2026 to holders of record as of April 13, 2026.
This represents a scheduled cash return to shareholders with clear record and payment dates disclosed.
CF Bankshares (NASDAQ: CFBK) reported Q4 2025 net income of $5.7M ($0.88 diluted) and full-year 2025 net income of $17.5M ($2.69 diluted), a 31% increase year-over-year. PPNR was $8.0M for Q4 and $29.8M for 2025 (+30% YoY). NIM expanded, cost of funds declined, efficiency improved to 49.2%, and book value per share rose to $27.87. Capital ratios remained solid with a Tier 1 leverage ratio of 11.40% and Total Capital ratio of 15.02%. Core deposits grew by $47M and 2025 commercial loan fundings totaled $369M.
CF Bankshares (NASDAQ: CFBK) announced on January 21, 2026 that John Wilgus has joined as Senior Vice President to strengthen the bank's commercial and commercial real estate banking capabilities. Wilgus brings more than 32 years of commercial banking experience, most recently serving as Senior Vice President at First Financial Bank where he led commercial real estate relationship development across Northern Ohio.
His background includes commercial lending, portfolio management, and business development focused on closely held businesses, real estate owners, and developers. Company leaders said his hire supports their boutique banking model, local decision-making, and efforts to scale the commercial banking franchise.
CF Bankshares (NASDAQ: CFBK) announced a 13% increase in its quarterly cash dividend, raising the common stock dividend to $0.09 per share and the Series D preferred dividend to $9.00 per share. The Board declared the dividend on January 5, 2026, payable on January 26, 2026 to shareholders of record at the close of business on January 15, 2026. Management said the increase is intended to enhance total shareholder returns.