CF Bankshares (CFBK) to Release Quarterly Earnings on Wednesday

CF Bankshares (NASDAQ:CFBK – Get Rating) will release its earnings data before the market opens on Wednesday, May 10th. Analysts expect CF Bankshares to post earnings of $0.66 per share for the quarter.

CF Bankshares (NASDAQ:CFBK – Get Rating) last released its earnings results on Tuesday, February 7th. The savings and loans company reported $0.72 earnings per share for the quarter, missing the consensus estimate of $0.74 by ($0.02). The business had revenue of $13.81 million for the quarter, compared to the consensus estimate of $14.70 million. CF Bankshares had a return on equity of 14.28% and a net margin of 25.59%. On average, analysts expect CF Bankshares to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

CF Bankshares Trading Up 0.1 %

Shares of CFBK stock opened at $15.96 on Tuesday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.14 and a current ratio of 1.14. CF Bankshares has a fifty-two week low of $15.50 and a fifty-two week high of $23.95. The company has a market cap of $84.41 million, a PE ratio of 5.74 and a beta of 0.59. The stock’s fifty day moving average price is $18.88 and its two-hundred day moving average price is $20.83.

CF Bankshares Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 28th. Investors of record on Monday, April 17th were paid a $0.06 dividend. The ex-dividend date of this dividend was Friday, April 14th. This is a positive change from CF Bankshares’s previous quarterly dividend of $0.05. This represents a $0.24 annualized dividend and a yield of 1.50%. CF Bankshares’s dividend payout ratio (DPR) is 8.63%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Renaissance Technologies LLC increased its position in CF Bankshares by 6.4% during the 4th quarter. Renaissance Technologies LLC now owns 11,704 shares of the savings and loans company’s stock worth $248,000 after purchasing an additional 704 shares in the last quarter. UBS Group AG bought a new position in shares of CF Bankshares in the 3rd quarter valued at $27,000. Dimensional Fund Advisors LP grew its position in CF Bankshares by 9.8% during the 3rd quarter. Dimensional Fund Advisors LP now owns 17,748 shares of the savings and loans company’s stock worth $366,000 after acquiring an additional 1,581 shares during the last quarter. Vanguard Group Inc. increased its holdings in CF Bankshares by 3.7% in the 3rd quarter. Vanguard Group Inc. now owns 144,569 shares of the savings and loans company’s stock worth $2,981,000 after purchasing an additional 5,148 shares in the last quarter. Finally, Elizabeth Park Capital Advisors Ltd. raised its position in CF Bankshares by 16.0% in the fourth quarter. Elizabeth Park Capital Advisors Ltd. now owns 149,830 shares of the savings and loans company’s stock valued at $3,173,000 after purchasing an additional 20,714 shares during the last quarter. Institutional investors own 31.78% of the company’s stock.

CF Bankshares Company Profile

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CF Bankshares, Inc operates as a financial holding company which is engaged in the provision of business banking products and services. Its products and services include commercial loans and leases, commercial and residential real estate loans and treasury management depository services. The company was founded in September 1998 and is headquartered in Columbus, OH.