CF Bankshares (NASDAQ:CFBK) Posts Earnings Results

CF Bankshares (NASDAQ:CFBK) issued its quarterly earnings results on Wednesday. The savings and loans company reported $0.68 earnings per share (EPS) for the quarter, Zacks reports. CF Bankshares had a return on equity of 8.20% and a net margin of 10.63%.

CF Bankshares Price Performance

Shares of CFBK opened at $24.93 on Wednesday. The firm has a market capitalization of $127.91 million, a PE ratio of 12.28 and a beta of 0.57. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.13 and a quick ratio of 1.13. CF Bankshares has a 1-year low of $16.92 and a 1-year high of $31.17. The company’s fifty day moving average price is $24.74 and its 200-day moving average price is $23.99.

CF Bankshares Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, January 27th. Stockholders of record on Thursday, January 16th were issued a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.12%. The ex-dividend date of this dividend was Thursday, January 16th. CF Bankshares’s dividend payout ratio (DPR) is presently 13.79%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on CF Bankshares in a research report on Tuesday, November 12th. They set a “hold” rating on the stock.

Insider Buying and Selling at CF Bankshares

In other CF Bankshares news, CEO Timothy T. O’dell sold 20,522 shares of the company’s stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $26.54, for a total value of $544,653.88. Following the completion of the transaction, the chief executive officer now owns 292,621 shares in the company, valued at approximately $7,766,161.34. This represents a 6.55 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 19.70% of the stock is owned by corporate insiders.

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.