Chesapeake Financial Shares Reports Earnings and Declares Dividend
Chesapeake Financial Shares reported strong financial results for 2024, with earnings of $11,427,860, marking a 12.9% increase from 2023. The company achieved earnings per share of $2.422 fully diluted, up from $2.151 in 2023. Total assets reached $1,524,646,193, representing a 3.96% year-over-year growth.
The company demonstrated stable performance with nonperforming assets at 0.328% as of December 31, 2024. The Board declared a quarterly dividend of $0.16 per share, payable March 15, 2025, maintaining their 32-year streak of dividend increases. The stock currently yields 3.47%.
Notable achievements include being named one of the 'Top Performing Community Banks' by American Banker for the seventeenth consecutive year and one of the 'Best Banks to Work For' for the twelfth consecutive year.
Chesapeake Financial Shares ha riportato risultati finanziari solidi per il 2024, con guadagni di $11,427,860, segnando un incremento del 12,9% rispetto al 2023. L'azienda ha conseguito un utile per azione di $2.422 fully diluted, in aumento rispetto a $2.151 nel 2023. Il totale degli attivi ha raggiunto $1,524,646,193, rappresentando una crescita del 3,96% anno dopo anno.
L'azienda ha dimostrato una performance stabile con attivi non performanti allo 0,328% al 31 dicembre 2024. Il Consiglio ha dichiarato un dividendo trimestrale di $0.16 per azione, pagabile il 15 marzo 2025, mantenendo la loro serie di aumenti di dividendi di 32 anni. L'azione attualmente offre un rendimento del 3,47%.
Tra i risultati notevoli vi è l'essere stata nominata una delle 'Migliori Banche Comunali’ da American Banker per il diciassettesimo anno consecutivo e una delle 'Migliori Banche per cui Lavorare’ per il dodicesimo anno consecutivo.
Chesapeake Financial Shares reportó resultados financieros sólidos para 2024, con ganancias de $11,427,860, marcando un incremento del 12.9% respecto a 2023. La compañía logró ganancias por acción de $2.422 completamente diluidas, en aumento desde $2.151 en 2023. Los activos totales alcanzaron $1,524,646,193, lo que representa un crecimiento del 3.96% interanual.
La empresa demostró un rendimiento estable con activos no productivos en el 0.328% a partir del 31 de diciembre de 2024. La Junta declaró un dividendo trimestral de $0.16 por acción, pagadero el 15 de marzo de 2025, manteniendo su racha de aumentos de dividendos de 32 años. La acción actualmente ofrece un rendimiento del 3.47%.
Logros notables incluyen ser nombrada una de las 'Mejores Bancos Comunitarios' por American Banker por decimoséptimo año consecutivo y uno de los 'Mejores Bancos para Trabajar' por doceavo año consecutivo.
체사피크 파이낸셜 쉐어스는 2024년 강력한 금융 결과를 보고했으며, 수익은 $11,427,860으로 2023년 대비 12.9% 증가했습니다. 회사는 완전 희석 기준으로 주당 수익이 $2.422로 증가했으며, 2023년의 $2.151에서 상승했습니다. 총 자산은 $1,524,646,193에 도달하여 전년 대비 3.96% 성장했습니다.
회사는 2024년 12월 31일 기준으로 부실 자산 비율이 0.328%로 안정적인 성과를 보여주었습니다. 이사회는 주당 $0.16의 분기 배당금을 선언했으며, 2025년 3월 15일에 지급될 예정이며 32년 연속으로 배당금 인상을 유지하고 있습니다. 현재 주가는 3.47%의 수익률을 보이고 있습니다.
특기할 만한 성과로는 미국 뱅커(American Banker)로부터 17년 연속 '최고의 커뮤니티 은행'으로 선정되었고, 12년 연속 '일하기 좋은 은행'으로 선정되었습니다.
Chesapeake Financial Shares a rapporté des résultats financiers solides pour 2024, avec des bénéfices de 11 427 860 $, marquant une augmentation de 12,9% par rapport à 2023. L'entreprise a réalisé un bénéfice par action de 2,422 $ entièrement dilué, en hausse par rapport à 2,151 $ en 2023. Les actifs totaux ont atteint 1 524 646 193 $, représentant une croissance de 3,96% d'une année sur l'autre.
L'entreprise a démontré une performance stable avec des actifs non performants de 0,328% au 31 décembre 2024. Le Conseil a déclaré un dividende trimestriel de 0,16 $ par action, payable le 15 mars 2025, maintenant ainsi sa série de 32 ans d'augmentations de dividendes. L'action offre actuellement un rendement de 3,47%.
Les réalisations notables incluent d'être nommé l'une des 'Meilleures Banques Communautaires' par American Banker pour la dix-septième année consécutive et l'une des 'Meilleures Banques pour Travailler' pour la douzième année consécutive.
Chesapeake Financial Shares berichtete über starke Finanzergebnisse für 2024 mit einem Gewinn von $11,427,860, was einen Anstieg von 12,9% im Vergleich zu 2023 bedeutet. Das Unternehmen erzielte einen Gewinn pro Aktie von $2,422 voll verwässert, gestiegen von $2,151 im Jahr 2023. Die Gesamtvermögen betrugen $1,524,646,193, was einem jährlichen Wachstum von 3,96% entspricht.
Das Unternehmen zeigte eine stabile Leistung mit notleidenden Vermögenswerten von 0,328% zum 31. Dezember 2024. Der Vorstand erklärte eine vierteljährliche Dividende von $0,16 pro Aktie, zahlbar am 15. März 2025, und hält damit seine 32-jährige Serie von Dividendensteigerungen aufrecht. Die Aktie bietet derzeit eine Rendite von 3,47%.
Besondere Erfolge sind die Nominierung als eine der 'Top Community Banken' durch American Banker im siebzehnten Jahr in Folge und als eine der 'Besten Banken zum Arbeiten' im zwölften Jahr in Folge.
- 12.9% increase in annual earnings to $11,427,860
- 12.6% growth in EPS from $2.151 to $2.422
- 3.96% increase in total assets to $1.52B
- 32 consecutive years of dividend increases
- Strong performance across lending, deposits, and wealth management divisions
- Increase in nonperforming assets from 0.255% to 0.328% year-over-year
A "Top Performing Community Bank" in the U.S. for the seventeenth consecutive year
KILMARNOCK, VA / ACCESS Newswire / January 21, 2025 / 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 calendar year 2024 of
"2024 was a welcomed year of relative interest rate stability and solid deposit growth. Our lending, both from a volume as well as a rate perspective, showed consistent strength throughout the year despite higher rates. Additionally, Chesapeake Payment Systems, Flexent and Chesapeake Wealth Management all posted solid net income increases," said Szyperski.
"Additionally, American Banker named us one of the ‘Top Performing Community Banks' in the United States for the seventeenth consecutive year and one of the ‘Best Banks to Work For' for the twelfth consecutive year. These awards are evidence of our consistently strong earnings and commitment to our employees," commented Szyperski.
At the January 17, 2025 Chesapeake Financial Shares Board of Directors meeting, the Board declared a quarterly dividend of
For more information about Chesapeake Financial Shares stock (CPKF), or to receive daily e-mail alerts of our stock price, see www.chesapeakefinancialshares.com. For a copy of the company's financial statements, please click here. 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.
Contact: Jeffrey M. Szyperski 1-800-434-1181
SOURCE: Chesapeake Financial Shares Inc.
View the original press release on ACCESS Newswire
FAQ
What was Chesapeake Financial Shares (CPKF) earnings growth in 2024?
What is CPKF's latest quarterly dividend amount and payment date?
What was Chesapeake Financial Shares' (CPKF) EPS for 2024?
What is CPKF's current dividend yield?
How much did CPKF's total assets grow in 2024?
What was CPKF's nonperforming assets ratio in 2024?
