CF Bankshares (NASDAQ:CFBK – Get Free Report) issued its quarterly earnings results on Wednesday. The savings and loans company reported $0.65 EPS for the quarter, RTT News reports. CF Bankshares had a return on equity of 8.35% and a net margin of 10.79%. The firm had revenue of $31.60 million during the quarter. During the same quarter in the previous year, the firm posted $0.62 earnings per share.
CF Bankshares Trading Down 2.9 %
Shares of CFBK traded down $0.71 during midday trading on Thursday, hitting $23.95. 2,836 shares of the stock were exchanged, compared to its average volume of 5,065. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.15 and a current ratio of 1.15. The firm has a market cap of $122.74 million, a P/E ratio of 9.98 and a beta of 0.56. The stock has a fifty day simple moving average of $22.43 and a 200 day simple moving average of $20.59. CF Bankshares has a 52-week low of $14.69 and a 52-week high of $27.17.
CF Bankshares Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Saturday, October 19th. Shareholders of record on Friday, October 11th were paid a dividend of $0.07 per share. The ex-dividend date of this dividend was Friday, October 11th. This represents a $0.28 dividend on an annualized basis and a yield of 1.17%. This is a positive change from CF Bankshares’s previous quarterly dividend of $0.06. CF Bankshares’s payout ratio is 11.67%.
About CF Bankshares
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.
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