CF Bankshares (NASDAQ:CFBK) Announces Earnings Results

CF Bankshares (NASDAQ:CFBK) posted its quarterly earnings results on Wednesday. The savings and loans company reported $0.68 earnings per share 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 Performance

Shares of CFBK stock opened at $24.93 on Wednesday. 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 has a 52 week low of $16.92 and a 52 week high of $31.17. The stock has a market capitalization of $127.91 million, a PE ratio of 12.28 and a beta of 0.57. The firm has a 50 day moving average of $24.74 and a two-hundred day moving average of $23.99.

CF Bankshares Announces Dividend

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

Wall Street Analysts Forecast Growth

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

Insider Buying and Selling at CF Bankshares

In related news, CEO Timothy T. O’dell sold 2,278 shares of CF Bankshares stock in a transaction on Friday, December 13th. The shares were sold at an average price of $27.28, for a total transaction of $62,143.84. Following the sale, the chief executive officer now directly owns 313,143 shares in the company, valued at $8,542,541.04. This trade represents a 0.72 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 19.70% of the stock is currently owned by corporate insiders.

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.