CF Bankshares (NASDAQ:CFBK) Releases Quarterly Earnings Results

CF Bankshares (NASDAQ:CFBK) released its quarterly earnings results on Wednesday. The savings and loans company reported $0.65 earnings per share (EPS) for the quarter, RTT News reports. CF Bankshares had a return on equity of 8.29% and a net margin of 10.63%. The firm had revenue of $31.60 million for the quarter. During the same period in the prior year, the business earned $0.62 EPS.

CF Bankshares Price Performance

NASDAQ:CFBK opened at $25.25 on Friday. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.15 and a current ratio of 1.15. The stock’s 50-day simple moving average is $22.50 and its 200 day simple moving average is $20.62. The company has a market cap of $129.46 million, a P/E ratio of 12.50 and a beta of 0.56. CF Bankshares has a 52-week low of $14.69 and a 52-week high of $27.17.

CF Bankshares Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Saturday, October 19th. Shareholders of record on Friday, October 11th were paid a $0.07 dividend. This is an increase from CF Bankshares’s previous quarterly dividend of $0.06. The ex-dividend date was Friday, October 11th. This represents a $0.28 annualized dividend and a dividend yield of 1.11%. CF Bankshares’s dividend payout ratio (DPR) is currently 13.79%.

CF Bankshares Company Profile

CF Bankshares Inc operates as the bank holding company for CFBank, National Association that provides various banking products and services in the United States. The company accepts savings, retail and business checking accounts, and money market accounts, as well as certificates of deposit. It offers single-family mortgage loans; commercial real estate and multi-family residential mortgage loans; commercial loans and equipment leases; residential real estate loans and treasury management depository services; retail banking services and products.