Chesapeake Financial Shares Reports Second Quarter Earnings and Declares Dividend
Chesapeake Financial Shares (OTCQX:CPKF) reported second quarter 2024 earnings of $3,036,512, consistent with Q2 2023. Earnings per share were $0.646 fully diluted, compared to $0.648 in Q2 2023. Total assets increased by $62 million to $1,533,102,804. Nonperforming assets improved to 0.237% from 0.327% year-over-year.
The company declared a quarterly dividend of $0.155 per share, payable September 15, 2024, marking its 31st consecutive year of dividend increases. The stock currently yields 3.54%. Chesapeake Financial Shares was included in American Banker magazine's 'Top 100 Community Banks' for the 17th consecutive year, based on return on equity.
Chesapeake Financial Shares (OTCQX:CPKF) ha riportato un utile del secondo trimestre 2024 di $3,036,512, in linea con il Q2 2023. Utile per azione si attesta a $0.646 fully diluted, rispetto a $0.648 nel Q2 2023. Attività totali sono aumentate di $62 milioni, arrivando a $1,533,102,804. I beni non performanti sono migliorati allo 0.237% rispetto allo 0.327% dell'anno precedente.
L'azienda ha dichiarato un dividendo trimestrale di $0.155 per azione, pagabile il 15 settembre 2024, segnando il suo 31° anno consecutivo di aumenti del dividendo. Attualmente, il rendimento del titolo è del 3.54%. Chesapeake Financial Shares è stata inclusa per il 17° anno consecutivo nella lista delle 'Top 100 Community Banks' della rivista American Banker, basata sul ritorno sul capitale.
Chesapeake Financial Shares (OTCQX:CPKF) reportó ganancias del segundo trimestre de 2024 de $3,036,512, consistente con el Q2 de 2023. Ganancia por acción fue de $0.646 fully diluted, en comparación con $0.648 en Q2 de 2023. Los activos totales aumentaron en $62 millones, alcanzando $1,533,102,804. Los activos no productivos mejoraron a 0.237% desde 0.327% en términos interanuales.
La empresa declaró un dividendo trimestral de $0.155 por acción, pagadero el 15 de septiembre de 2024, marcando su 31° año consecutivo de aumentos en el dividendo. Actualmente, la acción ofrece un rendimiento del 3.54%. Chesapeake Financial Shares fue incluida en la lista de 'Top 100 Community Banks' de la revista American Banker por 17° año consecutivo, basado en el retorno sobre el capital.
체사피크 파이낸셜 쉐어스(OTCQX:CPKF)는 2024년 2분기 실적으로 $3,036,512를 보고했으며, 이는 2023년 2분기와 일치합니다. 주당 순이익은 완전 희석 기준으로 $0.646로, 2023년 2분기 $0.648에 비해 소폭 감소했습니다. 총 자산은 $62백만 증가하여 총 $1,533,102,804에 달했습니다. 비수익 자산은 전년 동기 대비 0.327%에서 0.237%로 개선되었습니다.
회사는 $0.155의 분기 배당금을 선언했으며, 이는 2024년 9월 15일에 지급될 예정이며, 31년 연속 배당금 인상을 기록했습니다. 현재 주식의 수익률은 3.54%입니다. 체사피크 파이낸셜 쉐어스는 자본 수익률을 기반으로 미국 뱅커 매거진의 '상위 100개 커뮤니티 은행' 목록에 17년 연속으로 포함되었습니다.
Chesapeake Financial Shares (OTCQX:CPKF) a rapporté des bénéfices pour le deuxième trimestre 2024 de 3,036,512 $, conformes au Q2 2023. Le bénéfice par action était de 0,646 $ après dilution, comparé à 0,648 $ au Q2 2023. Les actifs totaux ont augmenté de 62 millions de dollars pour atteindre 1,533,102,804 $. Les actifs non performants se sont améliorés à 0,237 % contre 0,327 % d'une année sur l'autre.
L'entreprise a déclaré un dividende trimestriel de 0,155 $ par action, payable le 15 septembre 2024, marquant ainsi sa 31e année consécutive d'augmentations de dividendes. L'action offre actuellement un rendement de 3,54 %. Chesapeake Financial Shares a été incluse pour la 17e année consécutive dans la liste des 'Top 100 Community Banks' du magazine American Banker, basée sur le retour sur les fonds propres.
Chesapeake Financial Shares (OTCQX:CPKF) meldete Gewinne für das zweite Quartal 2024 in Höhe von $3,036,512, was mit dem Q2 2023 übereinstimmt. Gewinn pro Aktie betrug $0.646 fully diluted, im Vergleich zu $0.648 im Q2 2023. Gesamtvermögen stieg um $62 Millionen auf $1,533,102,804. Die notleidenden Vermögenswerte verbesserten sich von 0.327% auf 0.237% im Jahresvergleich.
Das Unternehmen erklärte eine vierteljährliche Dividende von $0.155 pro Aktie, zahlbar am 15. September 2024, und markiert damit das 31. Jahr in Folge mit Dividendensteigerungen. Die Aktie bietet derzeit eine Rendite von 3.54%. Chesapeake Financial Shares wurde zum 17. Mal in Folge in der Liste der 'Top 100 Community Banks' des American Banker Magazins basierend auf der Eigenkapitalrendite aufgenommen.
- Consistent earnings of $3,036,512 in Q2 2024 compared to Q2 2023
- Total assets increased by $62 million to $1,533,102,804
- Nonperforming assets improved to 0.237% from 0.327% year-over-year
- Declared quarterly dividend of $0.155 per share, marking 31st consecutive year of dividend increases
- Included in American Banker magazine's 'Top 100 Community Banks' for 17th consecutive year
- Slight decrease in earnings per share from $0.648 in Q2 2023 to $0.646 in Q2 2024
- Continued pressure on net interest margin due to rapid rise in interest rates
A "Top Performing" community bank" in the U.S. for the seventeenth consecutive year
KILMARNOCK, VA / ACCESSWIRE / July 23, 2024 / On behalf of Chesapeake Financial Shares, Inc. (OTCQX:CPKF)(parent company of both Chesapeake Bank and Chesapeake Wealth Management), Jeffrey M. Szyperski, Chairman of the Board and CEO, reported earnings for the second quarter of 2024 of
"The rapid rise in interest rates over the last two years has continued to put pressure on our net interest margin, but this has started to temper," Szyperski stated. "We are also pleased to be included in American Banker magazine's ‘Top 100 Community Banks' in the country for the 17th consecutive year. This has been trimmed from the ‘Top 200' in prior years and is based on our return on equity. We see it as an external testament to our continued strong performance."
At the July 19, 2024 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. To receive investor news updates about us visit our page on Proactive Investors (https://www.proactiveinvestors.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. "Like" Chesapeake Bank on Facebook and follow us on LinkedIn, Twitter, and Instagram.
Contact: Jeffrey M. Szyperski 1-800-434-1181
SOURCE: Chesapeake Financial Shares Inc.
View the original press release on accesswire.com
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