Welcome to our dedicated page for Cf Bankshares news (Ticker: CFBK), a resource for investors and traders seeking the latest updates and insights on Cf Bankshares stock.
CF Bankshares Inc. (CFBK) is the holding company for CFBank, an Ohio-based community banking institution founded in 1892. This page aggregates news coverage focused on the company's financial performance, capital management decisions, market expansion initiatives, and regulatory developments affecting regional banking operations.
Community bank news typically centers on quarterly earnings releases that detail net interest income trends, loan portfolio growth, deposit flows, and asset quality metrics. For CFBK, investors monitor announcements regarding capital allocation strategies including stock repurchase authorizations and dividend declarations. Governance matters such as board appointments, executive leadership changes, and strategic market expansions also generate material disclosures. Banking sector news provides context for understanding how regulatory changes, interest rate environments, and regional economic conditions affect community financial institutions.
This news feed covers earnings reports that break down the bank's performance across its Ohio market footprint, capital management announcements that signal management's confidence in the institution's financial strength, and operational updates regarding branch expansions or technology investments. For investors analyzing regional banking stocks, this centralized news source eliminates the need to monitor multiple financial news outlets, regulatory filings, and press release distribution services.
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.
CF Bankshares Inc. (NASDAQ: CFBK) announced a quarterly cash dividend of $0.05 per share, marking a substantial 25% increase from the previous dividend. This dividend will be payable on July 26, 2022 to shareholders of record by the close of business on July 15, 2022. President and CEO Timothy T. O'Dell highlighted this increase as a sign of confidence in the company's business strength and a commitment to delivering attractive total returns to shareholders.
CF Bankshares Inc. (NASDAQ: CFBK) shared its Annual Meeting presentation, detailing strong financial performance for 2021 and Q1 2022. Key highlights include:
- Annualized Loan CAGR of 31% since Dec 2017.
- Tangible book value CAGR of 16% over five years.
- Significant improvement in credit quality with Criticized Loans decreasing from 1.96% to 0.32% from Dec 2017 to Mar 2022.
The company focuses on serving closely held businesses in major markets including Columbus, Cleveland, Cincinnati, and Indianapolis.
CF Bankshares Inc. (NASDAQ: CFBK) reported a net income of $4.5 million with an EPS of $0.69 for Q1 2022, maintaining earnings levels from Q4. Key metrics include a 1.24% return on average assets and a 14.32% return on equity. Loans grew by $67 million (5.5%), and deposits increased by $52 million (4.2%). The efficiency ratio improved to 53.10%, and credit quality remains robust, with only 0.07% of loans more than 30 days overdue. A cash dividend of $0.04 per share was declared for distribution on April 25, 2022.
CF Bankshares Inc. (NASDAQ: CFBK) has declared a quarterly cash dividend of $0.04 per share, payable on April 25, 2022. Shareholders of record as of the close of business on April 14, 2022 will receive this dividend. The bank, operating in major markets such as Columbus and Cleveland, has achieved a compound annual growth rate (CAGR) of nearly 25% since its recapitalization in 2012. CFBank is recognized as a top community bank and has consistently received accolades for its performance and growth strategies.
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