CF Bankshares Inc. Declares Quarterly Dividend of $0.09 (NASDAQ:CFBK)

Key Points

• CF Bankshares declared a quarterly dividend of $0.09 per share, payable April 21 to shareholders of record April 13, with an ex-dividend date of April 13 and a yield of about 1.3%.
• The bank has raised its dividend every year for four years (three‑year average increase of 0.6%) and has a low payout ratio of 10.5%, indicating the dividend is well covered by earnings.
• In its most recent quarter CF Bankshares reported EPS of $0.88 (beating the $0.76 consensus) while revenue of $15.75M slightly missed estimates; the stock trades near $28 with a market cap of about $180M and a 12‑month range of $19.22–$34.33.

CF Bankshares Inc. (NASDAQ:CFBK - Get Free Report) declared a quarterly dividend on Wednesday, April 1st, NASDAQ Dividends reports. Shareholders of record on Monday, April 13th will be given a dividend of 0.09 per share by the savings and loans company on Tuesday, April 21st. This represents a c) annualized dividend and a yield of 1.3%. The ex-dividend date is Monday, April 13th.

CF Bankshares has raised its dividend by an average of 0.6%annually over the last three years and has raised its dividend every year for the last 4 years. CF Bankshares has a payout ratio of 10.5% indicating that its dividend is sufficiently covered by earnings.

CF Bankshares Price Performance

Shares of NASDAQ CFBK remained flat at $28.00 on Friday. 40,337 shares of the company's stock traded hands, compared to its average volume of 46,236. CF Bankshares has a 12 month low of $19.22 and a 12 month high of $34.33. The stock has a market cap of $180.04 million, a P/E ratio of 10.41 and a beta of 0.42. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.14 and a quick ratio of 1.13. The company has a 50-day simple moving average of $29.81 and a 200 day simple moving average of $26.33.

CF Bankshares (NASDAQ:CFBK - Get Free Report) last released its quarterly earnings results on Thursday, February 5th. The savings and loans company reported $0.88 EPS for the quarter, beating the consensus estimate of $0.76 by $0.12. CF Bankshares had a net margin of 13.82% and a return on equity of 9.76%. The business had revenue of $15.75 million for the quarter, compared to analyst estimates of $15.94 million.

CF Bankshares Company Profile

CF Bankshares, Inc is a bank holding company headquartered in Wichita, Kansas. Through its primary subsidiary, Community First Bank, Wichita, N.A., the company provides a broad range of financial services to individuals, businesses and agricultural clients. CF Bankshares emphasizes community-oriented banking, combining local market knowledge with a personalized approach to customer relationships.

The company's offerings include traditional deposit accounts such as checking, savings and money market products, along with a variety of commercial and consumer lending solutions.

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