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Chesapeake Financial Shares Inc - CPKF STOCK NEWS

Welcome to our dedicated news page for Chesapeake Financial Shares (Ticker: CPKF), a resource for investors and traders seeking the latest updates and insights on Chesapeake Financial Shares.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Chesapeake Financial Shares's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Chesapeake Financial Shares's position in the market.

News
Chesapeake Financial Shares Reports First Quarter Earnings and Declares Dividend
Rhea-AI Summary
Chesapeake Financial Shares, Inc. (CPKF) reports a significant increase in earnings for the first quarter of 2024, with reported earnings of $2,749,988, a 303.9% rise from the previous quarter. Earnings per share were $0.583 fully diluted, compared to $0.192 in the fourth quarter of 2023. Total assets reached $1,511,866,477, showing a $40.8 million increase from the year-end. Nonperforming assets decreased to 0.187% as of March 31, 2024. The company attributes its success to the performance of Chesapeake Payment Systems and Flexent, along with a 15.2% annualized net loan growth in the first quarter. The Board of Directors declared a quarterly dividend of $0.155 per share, marking the 31st consecutive year of dividend increases, with a current dividend yield of 3.76%.
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End-of-Day
0.3%
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Chesapeake Financial Shares Reports Earnings and Declares Dividend
Rhea-AI Summary
Chesapeake Financial Shares, Inc. reported a 42.6% decrease in earnings for calendar year 2023, with reported earnings per share of $2.151. The company ended the year with total assets of $1,471,046,795, a 10.7% increase over year-end 2022. Nonperforming assets decreased to 0.255% as of December 31, 2023, compared to 0.539% at December 31, 2022. Despite the challenging year, the company was named one of the 'Top 200 Community Banks' in the United States for the sixteenth consecutive year and one of the 'Best Banks to Work For' for the eleventh consecutive year. The Board declared a quarterly dividend of $0.155 per share, effective March 1, 2024, and the stock currently has a 3.06% dividend yield.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.5%
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dividends earnings
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Chesapeake Financial Shares Announces Dividend
Rhea-AI Summary
Chesapeake Financial Shares, Inc. (OTCQX:CPKF) announced a quarterly dividend of $0.155 per share, effective December 1, 2023, payable on or before December 15, 2023. The stock currently has a 3.44% dividend yield and has had 30 consecutive years of dividend increases.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.35%
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dividends
News
Chesapeake Financial Shares Reports Third Quarter Earnings
Rhea-AI Summary
Chesapeake Financial Shares reports a 58% decrease in earnings for the third quarter of 2023. Total assets slightly increased. Nonperforming assets decreased from last year. Net interest margin was 3.366%. The acquisition of a smaller factoring firm increased Flexent net income by 73%.
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Rhea-AI Sentiment
End-of-Day
-1.41%
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Chesapeake Financial Shares Reports Second Quarter Earnings
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Chesapeake Financial Shares Reports First Quarter Earnings
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News
Chesapeake Bank Debuts New Digital Debit Card Product by Leveraging Partnerships With Trabian, Q2, and Jack Henry
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Chesapeake Financial Shares Reports Record Earnings and Declares Dividend
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End-of-Day
0.23%
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dividends earnings
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Chesapeake Financial Shares Reports Third Quarter Earnings
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Rhea-AI Sentiment
End-of-Day
2.38%
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earnings
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Chesapeake Financial Shares Reports Second Quarter Earnings
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Stock CPKF logo
Chesapeake Financial Shares Inc

OTC:CPKF

CPKF Rankings

N/A Ranked by Market Cap
N/A Ranked by Stock Gains
N/A Ranked by Dividends

CPKF Stock Data

81.63M
4.07M
3.72%
Commercial Banking
Finance and Insurance
Link
United States
Kilmarnock

About CPKF

chesapeake financial shares, inc. operates as the bank holding company for chesapeake bank that provides various banking products and services for corporate and individual clients in virginia. it operates through commercial, commercial ■real estate, consumer ■non real estate, and residential ■real estate segments. the company accepts interest and noninterest checking, savings, and money market accounts, as well as certificates of deposit. it also offers mortgage loans, single-family residential and residential construction loans, lines of credit, and consumer loans; and commercial loans, including owner-occupied commercial development, retail, builders/contractors, medical, service and professional, hospitality, nonprofits, marine industry, and agricultural and seafood loans. in addition, the company provides merchant processing services, accounts receivable financing, wealth management and trust, and cash management services. it operates through 15 branches, including 4 in north