Chesapeake Financial Shares Reports First Quarter Financials and Declares Dividend

Rhea-AI Summary

Chesapeake Financial Shares (OTC: CPKF) reported first quarter 2026 net income of $5,390,860 and diluted EPS of $1.147. Total assets were $1,730,015,652, a 3.6% increase from year-end. Net interest margin improved to 3.98%.

The Board declared a quarterly dividend of $0.18 per share payable by June 15, 2026; this marks the 33rd consecutive year of dividend increases and is the second increase in six months.

AI-generated analysis. Not financial advice.

Positive

• Net income of $5,390,860 in Q1 2026
• Total assets rose 3.6% to $1.73B
• Net loans growth of 12.9% YoY
• Net interest margin improved to 3.98%
• Dividend declared $0.18; 33 consecutive years increased

Negative

• Diluted EPS declined from $1.364 to $1.147 (≈15.9% drop)
• Nonperforming assets ticked higher to 0.359% from 0.352%

News Market Reaction – CPKF

+0.76%

1 alert

+0.76% News Effect

On the day this news was published, CPKF gained 0.76%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

A "Top Performing Community Bank" in the U.S. for the eighteenth consecutive year

KILMARNOCK, VA / ACCESS Newswire / April 21, 2026 / On behalf of Chesapeake Financial Shares, Inc. (parent company of both Chesapeake Bank and Chesapeake Wealth Management), Jeffrey M. Szyperski, Chairman of the Board and CEO, reported earnings for the first quarter of 2026 of $5,390,860. The reported earnings per share were $1.147 fully diluted as compared to $1.364 at December 31, 2025. Total assets ended the quarter at $1,730,015,652, a 3.6% increase from year-end. Nonperforming assets were 0.359% as of March 31, 2026 compared to 0.352% at year-end. This level of nonperforming assets is significantly below peer group banks. Additionally, there is no Other Real Estate Owned (OREO) at quarter-end. Net loans have grown 5.7% from year-end and 12.9% from the first quarter of 2025. Overall net interest margin continues to improve year-over-year ending the quarter at 3.98%.

At the April 17, 2026 Chesapeake Financial Shares Board of Directors meeting, the Board declared a quarterly dividend of $0.18 per share effective June 1, 2026, payable on or before June 15, 2026. The company has increased its dividend for 33 consecutive years. This is the second dividend increase in the last six months. The stock currently has a 1.99% dividend yield.

For more information about Chesapeake Financial Shares stock (CPKF), or to receive daily e-mail alerts of our stock price, see www.chesapeakefinancialshares.com. The company is followed by Zacks Investment Research, and a copy of their report can also be found on this site or at www.zacks.com. Chesapeake Financial Shares is an over-the-counter, publicly traded stock. Follow Chesapeake Bank on Facebook, Instagram, Threads, X, LinkedIn, and YouTube.

For immediate release: April 21, 2026

Contact: Jeffrey M. Szyperski 1-800-434-1181

SOURCE: Chesapeake Financial Shares Inc.

View the original press release on ACCESS Newswire

FAQ

What were Chesapeake Financial Shares (CPKF) Q1 2026 earnings and EPS?

Chesapeake Financial reported net income of $5,390,860 and diluted EPS of $1.147. According to the company, EPS fell from $1.364 at year-end, reflecting quarter-over-quarter earnings changes.

How did Chesapeake Financial Shares (CPKF) assets and loan growth perform in Q1 2026?

Total assets ended at $1,730,015,652, up 3.6% since year-end. According to the company, net loans grew 5.7% since year-end and 12.9% versus Q1 2025.

What dividend did Chesapeake Financial Shares (CPKF) declare and when will it be paid?

The Board declared a quarterly dividend of $0.18 per share, effective June 1, 2026, payable on or before June 15, 2026. According to the company, this continues 33 years of increases.

What was Chesapeake Financial Shares (CPKF) reported net interest margin in Q1 2026?

Net interest margin for the quarter was reported at 3.98%, showing year-over-year improvement. According to the company, margin trends continue to strengthen compared with prior periods.

How did Chesapeake Financial Shares (CPKF) report asset quality for Q1 2026?

Nonperforming assets were reported at 0.359% with no OREO at quarter-end. According to the company, this level remains significantly below peer-group banks.

What is Chesapeake Financial Shares (CPKF) dividend yield after the April 2026 declaration?

The company stated the stock currently yields 1.99%. According to the company, the declared $0.18 quarterly dividend contributes to that stated yield metric.