CF Bankshares (NASDAQ:CFBK) Announces Earnings Results

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

CF Bankshares Stock Up 1.1 %

CFBK stock opened at $25.00 on Thursday. The stock has a 50-day simple moving average of $24.68 and a two-hundred day simple moving average of $23.99. CF Bankshares has a twelve month low of $16.92 and a twelve month high of $31.17. The firm has a market capitalization of $128.25 million, a PE ratio of 12.32 and a beta of 0.57. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.75.

CF Bankshares Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, January 27th. Stockholders of record on Thursday, January 16th were paid a $0.07 dividend. The ex-dividend date of this dividend was Thursday, January 16th. This represents a $0.28 annualized dividend and a dividend yield of 1.12%. CF Bankshares’s payout ratio is 13.79%.

Insider Buying and Selling at CF Bankshares

In other CF Bankshares news, CEO Timothy T. O’dell sold 2,278 shares of the firm’s stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $27.28, for a total value of $62,143.84. Following the sale, the chief executive officer now owns 313,143 shares of the company’s stock, valued at $8,542,541.04. This trade represents a 0.72 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 19.70% of the company’s stock.

Wall Street Analyst Weigh In

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

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.