Chesapeake Financial Shares Reports Third Quarter Earnings and Declares Dividend
Chesapeake Financial Shares (OTCQX:CPKF) reported third quarter 2024 earnings of $2,600,159, a 5% increase from Q3 2023. Earnings per share were $0.550 fully diluted, up from $0.526 in Q3 2023. Total assets reached $1,589,344,001, an 8% increase from year-end. Nonperforming assets were 0.421% as of September 30, 2024.
The company's lending grew 8.1% annualized year-to-date in 2024. The Board of Directors increased the quarterly dividend by $0.05 to $0.16 per share, effective December 1, 2024. This marks the 32nd consecutive year of dividend increases. The stock currently has a 3.26% dividend yield and trades at a 9.79 price/earnings ratio.
Chesapeake Financial Shares has been recognized as a "Top Performing" community bank in the U.S. for the seventeenth consecutive year.
Chesapeake Financial Shares (OTCQX:CPKF) ha riportato guadagni del terzo trimestre 2024 di $2.600.159, un aumento del 5% rispetto al Q3 2023. Gli utili per azione sono stati di $0.550 completamente diluiti, in aumento rispetto a $0.526 nel Q3 2023. I beni totali hanno raggiunto $1.589.344.001, con un incremento dell'8% rispetto alla fine dell'anno. Gli attivi non performanti erano lo 0.421% al 30 settembre 2024.
Il prestito dell'azienda è cresciuto dell'8.1% annualizzato da inizio anno nel 2024. Il Consiglio di Amministrazione ha aumentato il dividendo trimestrale di $0.05 a $0.16 per azione, con effetto dal 1 dicembre 2024. Questo segna il 32° anno consecutivo di aumenti del dividendo. Attualmente, l'azione ha un rendimento da dividendo del 3.26% e viene scambiata a un rapporto prezzo/utili di 9.79.
Chesapeake Financial Shares è stata riconosciuta come una banca comunitaria a prestazioni eccellenti negli Stati Uniti per il diciassettesimo anno consecutivo.
Chesapeake Financial Shares (OTCQX:CPKF) reportó ganancias del tercer trimestre de 2024 por $2,600,159, un aumento del 5% en comparación con el Q3 2023. Las ganancias por acción fueron de $0.550 completamente diluidas, al alza desde $0.526 en el Q3 2023. Los activos totales alcanzaron $1,589,344,001, un incremento del 8% desde el final del año. Los activos no rentables eran el 0.421% a fecha del 30 de septiembre de 2024.
Los préstamos de la compañía crecieron un 8.1% anualizado en lo que va de 2024. La Junta Directiva aumentó el dividendo trimestral en $0.05 a $0.16 por acción, efectivo a partir del 1 de diciembre de 2024. Esto marca el 32° año consecutivo de aumentos de dividendos. Actualmente, la acción tiene un rendimiento por dividendo del 3.26% y se comercia a una relación precio/utilidad de 9.79.
Chesapeake Financial Shares ha sido reconocida como un banco comunitario de alto rendimiento en EE. UU. por el decimoséptimo año consecutivo.
체서피크 파이낸셜 주식 (OTCQX:CPKF)은 2024년 3분기 수익을 $2,600,159으로 보고하였으며, 이는 2023년 3분기 대비 5% 증가한 수치입니다. 주당 수익은 완전히 희석된 상태에서 $0.550로, 2023년 3분기 $0.526에서 증가했습니다. 총 자산은 $1,589,344,001에 도달하여 연말 대비 8% 증가했습니다. 2024년 9월 30일 기준 비수익 자산은 0.421%였습니다.
회사의 대출은 2024년 초부터 연율 8.1% 성장했습니다. 이사회는 분기 배당금을 $0.05 증가시켜 $0.16 per share로 설정했으며, 2024년 12월 1일부터 시행됩니다. 이는 32년 연속 배당금 인상의 기록입니다. 현재 주식은 3.26%의 배당 수익률을 보이고 있으며, 주가수익비율은 9.79입니다.
체서피크 파이낸셜 주식은 미국에서 상위 성과 커뮤니티 은행으로 17년 연속 인정받았습니다.
Chesapeake Financial Shares (OTCQX:CPKF) a rapporté des gains pour le troisième trimestre 2024 de $2,600,159, soit une augmentation de 5% par rapport au T3 2023. Le bénéfice par action était de $0,550 entièrement dilué, en hausse par rapport à $0,526 au T3 2023. Les actifs totaux ont atteint $1,589,344,001, une augmentation de 8% par rapport à la fin de l'année. Les actifs non rentables étaient de 0,421% au 30 septembre 2024.
Les prêts de l'entreprise ont augmenté de 8,1% en annualisé depuis le début de l'année 2024. Le Conseil d'administration a augmenté le dividende trimestriel de $0,05 à $0,16 par action, effectif à partir du 1er décembre 2024. Cela marque le 32e année consécutive d'augmentation des dividendes. L'action a actuellement un rendement de dividende de 3,26% et se négocie à un ratio prix/bénéfice de 9,79.
Chesapeake Financial Shares a été reconnue comme une banque communautaire performante aux États-Unis pour la dix-septième année consécutive.
Chesapeake Financial Shares (OTCQX:CPKF) berichtete über dritte Quartalsgewinne 2024 in Höhe von $2.600.159, was einem Anstieg von 5% im Vergleich zum Q3 2023 entspricht. Der Gewinn pro Aktie betrug $0.550 vollständig verwässert, im Vergleich zu $0.526 im Q3 2023. Die Gesamtaktiva betrugen $1.589.344.001, ein Anstieg von 8% seit Jahresende. Die notleidenden Vermögenswerte betrugen 0,421% am 30. September 2024.
Die Darlehensvergabe des Unternehmens wuchs im Jahr 2024 um annualisierte 8,1% bis zum 30. September. Der Vorstand erhöhte die vierteljährliche Dividende um $0.05 auf $0.16 pro Aktie, gültig ab dem 1. Dezember 2024. Dies markiert das 32. Jahr in Folge mit Dividendenerhöhungen. Die Aktie hat derzeit eine Dividendenrendite von 3,26% und wird zu einem Kurs-Gewinn-Verhältnis von 9,79 gehandelt.
Chesapeake Financial Shares wurde nun im siebzehnten Jahr in Folge als Top-Performer unter den Gemeinschaftsbanken in den USA ausgezeichnet.
- Q3 2024 earnings increased by 5% compared to Q3 2023
- Earnings per share rose to $0.550 from $0.526 year-over-year
- Total assets grew by 8% from year-end
- Lending increased by 8.1% annualized year-to-date in 2024
- Quarterly dividend increased by $0.05 to $0.16 per share
- 32 consecutive years of dividend increases
- Nonperforming assets increased to 0.421% from 0.376% year-over-year
A "Top Performing" community bank" in the U.S. for the seventeenth consecutive year
KILMARNOCK, VA / ACCESSWIRE / October 22, 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 third quarter of 2024 of
"The leveling off and slight decrease in interest rates has helped stabilize our net interest margin. Our lending remains above peer with an
At the October 18, 2024 Chesapeake Financial Shares Board of Directors meeting, the Board increased the quarterly dividend
For more information about Chesapeake Financial Shares stock (CPKF), or to receive daily e-mail alerts of our stock price, see https://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.
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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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