Chesapeake Financial Shares (OTCMKTS:CPKF) Issues Earnings Results, Beats Expectations By $0.10 EPS

Chesapeake Financial Shares (OTCMKTS:CPKF) posted its quarterly earnings data on Tuesday. The bank reported $0.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.54 by $0.10, Zacks reports. Chesapeake Financial Shares had a net margin of 9.73% and a return on equity of 8.86%.

Chesapeake Financial Shares Price Performance

OTCMKTS:CPKF traded up $0.26 during mid-day trading on Tuesday, hitting $18.70. 188 shares of the stock traded hands, compared to its average volume of 1,289. The business’s 50-day moving average price is $18.81 and its 200 day moving average price is $18.60. The company has a market cap of $88.45 million, a PE ratio of 9.49 and a beta of 0.50. Chesapeake Financial Shares has a 12-month low of $16.45 and a 12-month high of $20.00. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.22.

Chesapeake Financial Shares Company Profile

Chesapeake Financial Shares, Inc operates as the bank holding company for Chesapeake Bank that provides various banking products and services for individuals and businesses in the United States. The company accepts interest and noninterest checking, savings, and money market accounts; and variable-rate and fixed-term money market accounts, as well as certificates of deposit.