CF Bankshares Inc. (NASDAQ:CFBK) Shares Sold by Elizabeth Park Capital Advisors Ltd.

Elizabeth Park Capital Advisors Ltd. lessened its holdings in shares of CF Bankshares Inc. (NASDAQ:CFBK) by 21.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 110,860 shares of the savings and loans company’s stock after selling 29,412 shares during the period. Elizabeth Park Capital Advisors Ltd.’s holdings in CF Bankshares were worth $2,080,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, Kennedy Capital Management LLC bought a new stake in CF Bankshares during the 1st quarter valued at $619,000. Hedge funds and other institutional investors own 41.06% of the company’s stock.

CF Bankshares Trading Up 0.6 %

Shares of CFBK stock opened at $21.01 on Thursday. The firm has a market capitalization of $107.78 million, a PE ratio of 8.75 and a beta of 0.56. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.15 and a current ratio of 1.15. CF Bankshares Inc. has a 1 year low of $14.69 and a 1 year high of $22.90. The stock has a fifty day moving average of $21.41 and a two-hundred day moving average of $19.98.

CF Bankshares (NASDAQ:CFBK) last posted its quarterly earnings data on Tuesday, August 6th. The savings and loans company reported $0.26 earnings per share for the quarter. The business had revenue of $12.59 million during the quarter. CF Bankshares had a net margin of 10.79% and a return on equity of 8.35%.

CF Bankshares Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 19th. Stockholders of record on Thursday, July 11th were issued a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 1.14%. The ex-dividend date of this dividend was Thursday, July 11th. CF Bankshares’s dividend payout ratio (DPR) is presently 10.00%.

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.