Chesapeake Financial Shares (CPKF) to Release Quarterly Earnings on Monday

Key Points

• Chesapeake Financial Shares (OTCMKTS:CPKF) is set to announce its quarterly earnings on October 20th, with analysts predicting earnings of $0.64 per share.
• The company reported $0.67 EPS in its last quarter, exceeding estimates by $0.04, and generated revenue of $19.56 million, surpassing the forecast of $18.70 million.
• Chesapeake recently declared a dividend of $0.16 per share, which was paid on September 15th, resulting in a dividend yield of 294.0%.

Chesapeake Financial Shares (OTCMKTS:CPKF - Get Free Report) is expected to announce its results before the market opens on Monday, October 20th. Analysts expect the company to announce earnings of $0.64 per share for the quarter.

Chesapeake Financial Shares (OTCMKTS:CPKF - Get Free Report) last announced its quarterly earnings results on Tuesday, August 19th. The bank reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.04. The business had revenue of $19.56 million during the quarter, compared to analyst estimates of $18.70 million. Chesapeake Financial Shares had a return on equity of 10.29% and a net margin of 4.57%.

Chesapeake Financial Shares Price Performance

Shares of Chesapeake Financial Shares stock opened at $22.25 on Monday. The firm has a market cap of $104.35 million, a price-to-earnings ratio of 24.18 and a beta of 0.29. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.64 and a quick ratio of 0.64. Chesapeake Financial Shares has a 52-week low of $18.10 and a 52-week high of $22.25. The stock has a 50-day simple moving average of $21.87 and a 200-day simple moving average of $20.85.

Chesapeake Financial Shares Dividend Announcement

The company also recently declared a dividend, which was paid on Monday, September 15th. Stockholders of record on Monday, September 1st were issued a dividend of $0.16 per share. This represents a dividend yield of 294.0%. The ex-dividend date was Friday, August 29th. Chesapeake Financial Shares's payout ratio is currently 69.57%.

About Chesapeake Financial Shares

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.

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