CF Bankshares (NASDAQ:CFBK - Get Free Report) announced its quarterly earnings results on Wednesday. The savings and loans company reported $0.65 earnings per share (EPS) for the quarter, RTT News reports. The firm had revenue of $31.60 million for the quarter. CF Bankshares had a return on equity of 8.35% and a net margin of 10.79%. During the same period in the previous year, the company earned $0.62 earnings per share.
CF Bankshares Stock Performance
Shares of NASDAQ:CFBK traded up $0.72 during midday trading on Thursday, reaching $25.38. 6,446 shares of the company's stock traded hands, compared to its average volume of 5,085. The company has a market cap of $130.07 million, a price-to-earnings ratio of 10.58 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 has a one year low of $14.69 and a one year high of $27.17. The stock has a 50 day moving average of $22.43 and a 200 day moving average of $20.59.
CF Bankshares Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Saturday, October 19th. Stockholders of record on Friday, October 11th were issued a dividend of $0.07 per share. This is an increase from CF Bankshares's previous quarterly dividend of $0.06. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date of this dividend was Friday, October 11th. CF Bankshares's dividend payout ratio is presently 11.67%.
CF Bankshares Company Profile
(
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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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