Cf Bankshares Inc Stock Price, News & Analysis

CF Bankshares Inc. (NASDAQ: CFBK) has declared a quarterly cash dividend of $0.06 per share, reflecting a 20% increase over the previous quarterly dividend. This dividend is payable on April 28, 2023, to shareholders of record as of April 17, 2023. Timothy T. O'Dell, President and CEO, expressed satisfaction in rewarding shareholders with this increase, enhancing total shareholder return. CFBank, the bank under CF Bankshares, operates in key markets and has shown a compound annual growth rate (CAGR) of nearly 25% since its recapitalization in 2012.

CF Bankshares Inc. (NASDAQ: CFBK) reported a net income of $4.7 million ($0.72 per share) for Q4 2022, a 10% rise from Q3 2022. Full-year net income stood at $18.2 million ($2.78 per share). PPNR for Q4 was $6.5 million, up 20% from Q3, with a return on average assets of 1.04%. Net loans increased by $98 million to $1.6 billion, maintaining strong credit quality. The company is relocating its headquarters to Hamilton Quarter in February 2023, aiming for increased visibility and new banking opportunities. A cash dividend of $0.05 per share was declared for January 31, 2023.

CF Bankshares Inc. (NASDAQ: CFBK) has announced a quarterly cash dividend of $0.05 per share, payable on January 31, 2023. Shareholders of record as of January 17, 2023 will receive the dividend. CF Bankshares is the parent company of CFBank, a commercial bank focusing on closely held businesses in metropolitan markets, including Columbus, Cleveland, Cincinnati, and Indianapolis. Since its recapitalization in 2012, CFBank has achieved a compound annual growth rate (CAGR) of nearly 25%.

CF Bankshares Inc. (NASDAQ: CFBK) reported third-quarter 2022 financial results with a net income of $4.2 million ($0.65/share) and core earnings of $5.2 million ($0.80/share). Key metrics included a return on average assets (ROA) of 1.02% and a return on average equity (ROE) of 12.62%. Net loans grew by $96 million (27.8% annualized) to $1.5 billion. The net interest margin increased to 3.36%, driven by a substantial rise in interest income. Despite challenges, credit quality remained solid with loans more than 30 days past due at 0.09%. The Company declared a cash dividend of $0.05 per share for October 2022.

CF Bankshares Inc. (NASDAQ: CFBK) has declared a quarterly cash dividend of $0.05 per share, payable on October 25, 2022, to shareholders of record by the close of business on October 14, 2022. The company, which operates CFBank, focuses on providing comprehensive commercial and retail banking services across major markets in Ohio and Indiana. CFBank has demonstrated significant growth with a CAGR of nearly 25% since its recapitalization in 2012.

CF Bankshares Inc. (CFBK) reports a strong second quarter for 2022 with a net income of $4.7 million and earnings per share of $0.72. Year-to-date net income is $9.2 million. Key metrics include a return on average assets (ROA) of 1.18% and return on average equity (ROE) of 14.61%. Net interest income rose by $771,000 (7.2%) from the previous quarter. Loans increased by $97 million (7.6%), and credit quality remained strong, with loans more than 30 days past due at just 0.05% of total loans. A 25% dividend increase was also announced.