CF Bankshares (CFBK) Financials

$34.01 +0.57 (+1.70%)

Closing price 04:00 PM Eastern

Extended Trading

$35.75 +1.74 (+5.12%)

As of 07:34 PM Eastern

Annual Income Statements for CF Bankshares

This table shows CF Bankshares' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	3.62	0.77	0.68	4.27	9.39	27	18	18	17	13	17
Consolidated Net Income / (Loss)	4.48	1.63	1.35	4.27	9.60	30	18	18	17	13	18
Net Income / (Loss) Continuing Operations	4.48	1.63	1.35	4.27	9.91	30	18	18	17	13	18
Total Pre-Tax Income	1.28	2.44	3.46	5.33	12	36	23	23	21	16	22
Total Revenue	11	12	14	21	34	88	54	52	52	52	61
Net Interest Income / (Expense)	9.80	11	14	18	22	28	42	49	48	47	55
Total Interest Income	12	14	17	25	35	42	52	68	108	118	120
Loans and Leases Interest Income	12	14	16	24	34	42	51	64	97	107	109
Investment Securities Interest Income	0.21	0.20	0.34	0.38	0.38	0.36	0.99	1.23	1.25	1.22	0.99
Federal Funds Sold and Securities Borrowed Interest Income	0.07	0.16	0.38	0.65	0.95	0.18	0.10	2.82	9.65	10	9.73
Total Interest Expense	2.61	3.10	3.53	7.00	13	15	10	19	61	72	65
Deposits Interest Expense	2.21	2.66	3.06	6.10	12	12	8.01	16	56	67	60
Long-Term Debt Interest Expense	0.40	0.44	0.48	0.90	1.72	2.67	2.30	3.02	4.28	4.59	4.95
Total Non-Interest Income	1.35	1.18	0.74	2.72	12	60	12	3.21	4.03	5.18	5.93
Service Charges on Deposit Accounts	-	-	0.41	0.49	0.55	0.63	0.85	1.14	1.57	2.51	2.88
Other Service Charges	0.90	0.91	0.12	0.16	0.26	0.85	0.63	0.64	1.66	1.14	1.52
Net Realized & Unrealized Capital Gains on Investments	0.31	0.13	0.08	1.93	11	58	9.64	0.84	0.19	0.68	0.60
Other Non-Interest Income	0.13	0.13	0.14	0.14	0.14	0.15	0.53	0.60	0.63	0.85	0.93
Provision for Credit Losses	0.25	0.23	0.00	0.00	0.00	11	-1.60	0.79	2.32	6.74	8.25
Total Non-Interest Expense	9.61	9.82	11	15	21	41	32	29	28	29	31
Salaries and Employee Benefits	4.75	4.97	6.07	8.20	11	22	17	15	15	14	16
Net Occupancy & Equipment Expense	1.59	1.70	1.67	1.82	2.32	2.89	3.21	4.06	3.87	4.39	4.65
Marketing Expense	0.15	0.13	0.15	1.39	2.83	5.62	3.06	0.43	0.34	0.13	0.42
Property & Liability Insurance Claims	0.42	0.22	0.28	0.49	0.53	0.59	1.24	1.13	2.22	2.08	2.06
Other Operating Expenses	2.49	2.61	2.57	3.13	4.22	9.13	7.56	6.81	6.81	7.62	7.86
Depreciation Expense	0.21	0.21	0.21	0.25	0.32	0.38	0.44	0.50	0.57	0.49	0.48
Amortization Expense	-	-	-	-	-	0.00	0.02	0.57	0.06	0.06	0.00
Income Tax Expense	-3.19	0.81	2.12	1.06	2.44	6.68	4.37	4.43	4.05	2.76	3.99
Preferred Stock Dividends Declared	0.86	0.86	0.67	-	0.21	2.28	-	0.00	0.00	0.36	0.54
Basic Earnings per Share	$0.23	$0.05	$0.21	$1.02	$2.05	$4.53	$2.84	$2.84	$2.64	$2.08	$2.70
Weighted Average Basic Shares Outstanding	16.02M	16.29M	23.31M	4.39M	5.37M	6.65M	6.52M	6.55M	6.34M	6.40M	6.51M
Diluted Earnings per Share	$0.20	$0.05	$0.19	$1.00	$2.03	$4.47	$2.77	$2.78	$2.63	$2.06	$2.69
Weighted Average Diluted Shares Outstanding	16.02M	16.29M	23.31M	4.39M	5.37M	6.65M	6.52M	6.55M	6.34M	6.40M	6.51M
Weighted Average Basic & Diluted Shares Outstanding	16.02M	16.29M	23.31M	4.39M	5.37M	6.65M	6.52M	6.55M	6.34M	6.40M	6.51M
Cash Dividends to Common per Share	-	-	-	-	-	$0.03	$0.13	$0.18	$0.23	$0.25	$0.30

This table shows CF Bankshares' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	4.03	4.24	3.01	1.64	4.07	4.31	4.29	4.88	2.27	5.56	4.87
Consolidated Net Income / (Loss)	4.03	4.24	3.07	1.70	4.21	4.42	4.43	5.04	2.34	5.74	5.02
Net Income / (Loss) Continuing Operations	4.03	4.24	3.07	1.70	4.21	4.42	4.43	5.04	2.34	5.74	5.02
Total Pre-Tax Income	5.02	5.17	3.77	1.93	5.28	5.17	5.58	6.40	2.71	6.84	5.89
Total Revenue	13	13	12	13	13	14	14	16	16	16	15
Net Interest Income / (Expense)	12	12	11	11	11	13	13	14	14	14	13
Total Interest Income	28	30	29	29	30	30	29	30	30	30	28
Loans and Leases Interest Income	25	26	26	26	27	27	27	28	27	27	26
Investment Securities Interest Income	0.27	0.30	0.29	0.30	0.31	0.32	0.31	0.19	0.21	0.27	0.33
Federal Funds Sold and Securities Borrowed Interest Income	2.78	3.18	2.78	2.68	2.50	2.46	2.07	2.26	2.75	2.64	1.99
Total Interest Expense	16	18	18	18	19	17	16	16	17	16	15
Deposits Interest Expense	15	17	17	17	17	16	15	15	15	14	13
Long-Term Debt Interest Expense	1.08	1.10	1.15	1.16	1.15	1.12	1.04	1.17	1.37	1.37	1.33
Total Non-Interest Income	1.30	1.03	0.91	1.22	1.61	1.45	1.21	1.58	1.72	1.42	1.49
Service Charges on Deposit Accounts	0.40	0.49	0.56	0.62	0.66	0.67	0.67	0.72	0.70	0.79	0.84
Other Service Charges	0.69	0.30	-0.12	0.30	0.63	0.33	0.32	0.42	0.58	0.21	0.26
Net Realized & Unrealized Capital Gains on Investments	0.06	0.09	0.26	0.09	0.11	0.23	-0.01	0.21	0.21	0.19	0.15
Other Non-Interest Income	0.16	0.16	0.20	0.21	0.22	0.22	0.23	0.23	0.24	0.24	0.25
Provision for Credit Losses	1.19	0.88	1.24	3.56	0.56	1.38	0.58	1.43	5.07	1.17	0.60
Total Non-Interest Expense	6.76	6.75	7.19	7.09	7.23	7.43	7.95	7.75	7.73	7.74	8.31
Salaries and Employee Benefits	3.42	3.33	3.51	3.57	3.54	3.56	4.18	3.95	3.80	3.78	4.33
Net Occupancy & Equipment Expense	0.96	1.03	1.05	1.12	1.10	1.13	1.11	1.10	1.15	1.29	1.20
Marketing Expense	0.05	0.03	0.01	0.04	0.05	0.04	0.04	0.08	0.13	0.16	0.34
Property & Liability Insurance Claims	0.57	0.63	0.60	0.50	0.53	0.45	0.55	0.53	0.51	0.47	0.39
Other Operating Expenses	1.62	1.53	1.89	1.74	1.90	2.10	1.96	1.96	2.02	1.92	1.94
Depreciation Expense	0.15	0.14	0.13	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12
Income Tax Expense	0.98	0.93	0.70	0.24	1.08	0.75	1.15	1.37	0.37	1.10	0.87
Preferred Stock Dividends Declared	0.00	-	0.06	0.05	0.14	0.11	0.14	0.16	0.07	0.18	0.16
Basic Earnings per Share	$0.63	$0.66	$0.48	$0.26	$0.65	$0.69	$0.68	$0.77	$0.36	$0.89	$0.77
Weighted Average Basic Shares Outstanding	6.56M	6.34M	6.39M	6.39M	6.39M	6.40M	6.48M	6.45M	6.44M	6.51M	6.50M
Diluted Earnings per Share	$0.62	$0.67	$0.47	$0.26	$0.65	$0.68	$0.68	$0.77	$0.36	$0.88	$0.77
Weighted Average Diluted Shares Outstanding	6.56M	6.34M	6.39M	6.39M	6.39M	6.40M	6.48M	6.45M	6.44M	6.51M	6.50M
Weighted Average Basic & Diluted Shares Outstanding	6.56M	6.34M	6.39M	6.39M	6.39M	6.40M	6.48M	6.45M	6.44M	6.51M	6.50M
Cash Dividends to Common per Share	$0.06	-	$0.06	$0.06	$0.06	-	$0.07	$0.07	$0.08	-	$0.09

This table details how cash moves in and out of CF Bankshares' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	-2.31	32	-12	22	-21	176	-55	-15	110	-26	24
Net Cash From Operating Activities	5.10	1.79	3.95	-12	-104	-123	253	40	18	14	19
Net Cash From Continuing Operating Activities	5.10	1.79	3.95	-12	-104	-123	253	40	18	14	19
Net Income / (Loss) Continuing Operations	4.48	1.63	1.35	4.27	9.60	30	18	18	17	13	18
Consolidated Net Income / (Loss)	4.48	1.63	1.35	4.27	9.60	30	18	18	17	13	18
Provision For Loan Losses	0.25	0.23	0.00	0.00	0.00	11	-1.60	0.79	2.32	6.74	8.25
Depreciation Expense	0.21	0.21	0.21	0.25	0.32	0.38	0.44	0.50	0.57	0.49	0.48
Non-Cash Adjustments to Reconcile Net Income	-0.35	-1.30	2.79	-16	-111	-159	236	26	-1.28	-2.40	-4.60
Changes in Operating Assets and Liabilities, net	0.49	1.09	-0.30	-0.39	-2.48	-3.95	2.71	-5.44	-0.49	-4.02	-2.98
Net Cash From Investing Activities	-39	-53	-59	-144	-111	-260	-317	-353	-122	-33	-25
Net Cash From Continuing Investing Activities	-39	-53	-59	-144	-111	-260	-317	-353	-122	-33	-25
Purchase of Property, Leasehold Improvements and Equipment	-0.05	-0.05	-0.31	-0.61	-0.44	-0.39	-2.96	-0.91	-0.66	-0.27	-0.49
Purchase of Investment Securities	-49	-55	-62	-146	-121	-266	-354	-369	-126	-40	-51
Sale and/or Maturity of Investments	10	2.59	2.69	3.35	10	7.12	40	16	4.86	7.42	27
Net Cash From Financing Activities	32	83	43	177	194	559	8.42	299	214	-7.52	30
Net Cash From Continuing Financing Activities	32	83	43	177	194	559	8.42	299	214	-7.52	30
Net Change in Deposits	32	85	44	161	167	367	135	282	216	12	25
Issuance of Debt	2.50	38	34	84	767	645	104	40	37	27	10
Repayment of Debt	-2.50	-39	-34	-69	-765	-452	-229	-20	-37	-45	-1.95
Repurchase of Common Equity	-	-0.03	-	-	0.00	-0.65	-2.97	-2.34	-0.18	-0.22	-1.28
Payment of Dividends	-0.75	-0.75	-0.75	-	0.00	-0.20	-0.85	-1.15	-1.48	-1.61	-1.95
Other Financing Activities, Net	0.26	-0.25	0.07	1.01	1.34	0.10	1.77	0.98	-1.37	-0.07	0.14
Cash Interest Paid	2.61	3.06	3.53	6.85	13	14	11	18	59	72	65
Cash Income Taxes Paid	-	0.07	1.23	0.97	2.51	10	3.85	2.45	3.98	0.66	2.69

This table details how cash moves in and out of CF Bankshares' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	-1.84	32	-25	4.88	-8.26	1.75	5.71	35	-3.32	-13	8.79
Net Cash From Operating Activities	2.45	7.98	-1.16	3.98	-1.26	13	2.21	7.96	5.48	3.05	4.73
Net Cash From Continuing Operating Activities	2.45	7.98	-1.16	3.98	-1.26	13	2.21	7.96	5.48	3.05	4.73
Net Income / (Loss) Continuing Operations	4.03	4.24	3.07	1.70	4.21	4.42	4.43	5.04	2.34	5.74	5.02
Consolidated Net Income / (Loss)	4.03	4.24	3.07	1.70	4.21	4.42	4.43	5.04	2.34	5.74	5.02
Provision For Loan Losses	1.19	0.88	1.24	3.56	0.56	1.38	0.58	1.43	5.07	1.17	0.60
Depreciation Expense	0.15	0.14	0.13	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12
Non-Cash Adjustments to Reconcile Net Income	-0.41	-0.21	-1.08	-1.39	-1.81	1.88	-1.15	1.22	-0.70	-3.96	1.11
Changes in Operating Assets and Liabilities, net	-2.51	2.94	-4.52	-0.00	-4.33	4.84	-1.78	0.15	-1.35	-0.02	-2.13
Net Cash From Investing Activities	-28	-35	-1.78	2.72	-28	-5.67	-23	-5.44	22	-19	-23
Net Cash From Continuing Investing Activities	-28	-35	-1.78	2.72	-28	-5.67	-23	-5.44	22	-19	-23
Purchase of Property, Leasehold Improvements and Equipment	-	-0.01	-0.00	-0.01	-0.03	-0.23	-0.05	-0.12	-0.26	-0.06	-0.11
Purchase of Investment Securities	-30	-36	-6.29	3.47	-29	-7.85	-48	-6.66	22	-18	-23
Sale and/or Maturity of Investments	1.14	0.60	4.51	-0.75	1.26	2.40	25	1.34	0.30	-1.01	0.03
Net Cash From Financing Activities	24	59	-22	-1.81	21	-5.21	26	32	-31	2.17	27
Net Cash From Continuing Financing Activities	24	59	-22	-1.81	21	-5.21	26	32	-31	2.17	27
Net Change in Deposits	25	59	-21	-27	49	10	28	26	-31	2.08	29
Issuance of Debt	0.03	0.02	1.00	26	-	-	0.03	10	0.05	0.08	0.05
Repayment of Debt	-0.03	-0.02	0.00	-	-29	-16	-0.03	-1.80	-0.05	-0.07	-0.05
Payment of Dividends	-0.39	-0.39	-0.39	-0.39	-0.39	-0.45	-0.45	-0.46	-0.52	-0.52	-0.58
Other Financing Activities, Net	-0.32	0.48	-1.21	-0.94	1.05	1.02	-1.01	-1.00	1.10	1.05	-1.39
Cash Interest Paid	16	18	17	18	19	18	16	17	16	16	14
Cash Income Taxes Paid	0.88	0.80	0.00	0.36	-	0.31	0.00	1.31	1.38	-	0.00

This table presents CF Bankshares' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	351	436	481	665	881	1,477	1,496	1,820	2,059	2,066	2,117
Cash and Due from Banks	26	58	45	67	46	222	167	152	262	235	259
Interest Bearing Deposits at Other Banks	-	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10
Trading Account Securities	10	17	13	27	144	297	49	16	15	16	23
Loans and Leases, Net of Allowance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1,572	1,694	1,722	1,739
Premises and Equipment, Net	3.61	3.43	3.53	3.86	3.99	3.73	5.87	3.78	3.81	3.54	3.55
Other Assets	312	358	419	16	23	59	60	76	84	88	93
Total Liabilities & Shareholders' Equity	351	436	481	665	881	1,477	1,496	1,820	2,059	2,066	2,117
Total Liabilities	313	397	441	619	800	1,367	1,370	1,681	1,903	1,897	1,933
Non-Interest Bearing Deposits	43	73	90	111	116	199	285	263	236	274	286
Interest Bearing Deposits	248	303	330	469	632	915	964	1,268	1,510	1,484	1,498
Long-Term Debt	20	19	19	34	44	229	105	124	125	108	116
Other Long-Term Liabilities	-	-	-	-	1.96	1.53	17	25	32	31	34
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	38	39	40	46	81	110	125	139	155	168	184
Total Preferred & Common Equity	38	39	40	46	81	110	125	139	155	168	184
Preferred Stock	0.01	0.01	0.00	0.00	0.00	0.00	0.00	-	-	0.00	0.00
Total Common Equity	38	39	40	46	81	110	125	139	155	168	184
Common Stock	60	60	61	62	87	88	89	90	91	92	94
Retained Earnings	-19	-18	-17	-13	-2.93	26	44	61	77	88	104
Treasury Stock	-3.25	-3.28	-3.32	-3.37	-3.39	-4.07	-7.18	-9.69	-9.99	-10	-12
Accumulated Other Comprehensive Income / (Loss)	-0.01	0.00	-0.05	-0.07	0.03	0.10	-0.17	-2.04	-2.29	-1.80	-1.37

This table presents CF Bankshares' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	1,992	2,039	2,041	2,066	2,095	2,134	2,111	2,146
Cash and Due from Banks	230	237	242	234	241	276	272	268
Interest Bearing Deposits at Other Banks	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10
Trading Account Securities	15	15	17	19	12	11	12	21
Loans and Leases, Net of Allowance	1,660	1,696	1,688	1,717	1,750	1,755	1,728	1,761
Premises and Equipment, Net	3.94	3.69	3.57	3.48	3.47	3.47	3.62	3.53
Other Assets	84	88	91	93	88	89	95	92
Total Liabilities & Shareholders' Equity	1,992	2,039	2,041	2,066	2,095	2,134	2,111	2,146
Total Liabilities	1,841	1,881	1,881	1,902	1,922	1,957	1,932	1,957
Non-Interest Bearing Deposits	214	237	218	258	292	296	278	241
Interest Bearing Deposits	1,472	1,487	1,479	1,489	1,493	1,514	1,502	1,570
Long-Term Debt	125	126	152	124	108	116	116	116
Other Long-Term Liabilities	30	31	32	32	29	30	36	30
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	151	158	160	164	173	177	179	189
Total Preferred & Common Equity	151	158	160	164	173	177	179	189
Preferred Stock	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	151	158	160	164	173	177	179	189
Common Stock	91	91	92	92	93	93	93	94
Retained Earnings	73	79	81	84	92	97	99	108
Treasury Stock	-9.82	-10	-10	-10	-10	-11	-11	-12
Accumulated Other Comprehensive Income / (Loss)	-2.38	-2.28	-2.24	-1.96	-1.73	-1.57	-1.41	-1.49

This table displays calculated financial ratios and metrics derived from CF Bankshares' official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
DEI Shares Outstanding	16,033,710.00	16,002,910.00	23,137,665.00	4,298,044.00	5,339,690.00	6,565,756.00	6,578,134.00	6,485,992.00	6,555,063.00	-	6,443,775.00
DEI Adjusted Shares Outstanding	2,915,220.00	2,909,620.00	4,206,848.00	4,298,044.00	5,339,690.00	6,565,756.00	6,578,134.00	6,485,992.00	6,555,063.00	-	6,443,775.00
DEI Earnings Per Adjusted Shares Outstanding	1.54	0.56	0.32	0.99	1.80	4.51	2.81	2.80	2.58	-	2.72
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	9.11%	12.07%	15.42%	42.93%	63.71%	160.28%	-38.86%	-3.13%	-0.63%	0.29%	17.62%
EBITDA Growth	68.89%	69.87%	38.54%	54.79%	127.09%	179.58%	-40.98%	11.28%	-6.65%	-22.84%	32.31%
EBIT Growth	168.06%	89.80%	42.02%	54.00%	131.78%	193.69%	-37.11%	-0.99%	-7.11%	-23.07%	33.34%
NOPAT Growth	834.66%	-63.66%	-17.27%	217.46%	124.69%	208.38%	-37.68%	-1.57%	-6.76%	-20.96%	31.03%
Net Income Growth	834.66%	-63.66%	-17.27%	217.46%	124.69%	208.38%	-37.68%	-1.57%	-6.76%	-20.96%	31.03%
EPS Growth	0.00%	-75.00%	-17.27%	426.32%	103.00%	120.20%	-38.03%	0.36%	-5.40%	-21.67%	30.58%
Operating Cash Flow Growth	383.60%	-64.88%	120.48%	-398.91%	-776.70%	-19.25%	305.16%	-84.30%	-54.60%	-21.39%	31.71%
Free Cash Flow Firm Growth	107.37%	144.36%	-77.11%	-4,513.00%	-110.74%	-428.77%	169.04%	-112.13%	101.53%	7,294.96%	-138.47%
Invested Capital Growth	7.02%	-0.03%	1.67%	35.49%	55.95%	172.70%	-32.27%	14.65%	6.33%	-1.50%	8.81%
Revenue Q/Q Growth	-2.35%	3.76%	5.85%	10.17%	16.26%	14.40%	-14.67%	2.88%	-1.93%	2.35%	2.99%
EBITDA Q/Q Growth	-6.35%	15.78%	13.45%	12.88%	23.72%	11.51%	-10.77%	6.80%	-3.18%	-0.17%	8.26%
EBIT Q/Q Growth	-5.38%	17.05%	13.62%	13.72%	24.76%	12.77%	-10.42%	1.53%	-3.36%	-0.01%	8.41%
NOPAT Q/Q Growth	381.92%	-65.18%	-33.66%	59.56%	21.93%	17.11%	-13.50%	1.14%	-2.51%	1.38%	8.13%
Net Income Q/Q Growth	229.92%	-65.18%	-33.66%	59.56%	21.93%	17.11%	-13.50%	1.14%	-2.51%	1.38%	8.13%
EPS Q/Q Growth	566.67%	-79.17%	-33.66%	66.67%	32.68%	26.27%	-13.17%	1.46%	-1.87%	0.49%	8.03%
Operating Cash Flow Q/Q Growth	-37.06%	54.48%	578.87%	28.98%	-98.29%	14.74%	42.96%	-54.51%	7.08%	48.79%	-33.91%
Free Cash Flow Firm Q/Q Growth	318.63%	608.33%	113.00%	-481.92%	-168.41%	17.92%	-30.59%	71.96%	103.81%	906.87%	-178.63%
Invested Capital Q/Q Growth	5.82%	-3.06%	-8.95%	13.64%	36.53%	-0.83%	28.27%	4.37%	1.49%	-4.01%	1.75%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	13.64%	20.67%	24.81%	26.87%	37.28%	40.04%	38.65%	44.40%	41.71%	32.09%	36.10%
EBIT Margin	11.52%	19.51%	24.01%	25.87%	36.62%	41.32%	42.51%	43.45%	40.61%	31.15%	35.32%
Profit (Net Income) Margin	40.17%	13.03%	9.34%	20.74%	28.46%	33.72%	34.38%	34.93%	32.78%	25.83%	28.78%
Tax Burden Percent	348.68%	66.76%	38.89%	80.17%	79.74%	81.60%	80.87%	80.40%	80.71%	82.92%	81.48%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	97.47%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	-248.68%	33.24%	61.11%	19.83%	20.26%	18.40%	19.13%	19.60%	19.29%	17.08%	18.52%
Return on Invested Capital (ROIC)	7.99%	2.81%	2.30%	6.16%	9.40%	12.76%	6.48%	7.36%	6.23%	4.81%	6.08%
ROIC Less NNEP Spread (ROIC-NNEP)	7.99%	2.81%	2.30%	6.16%	9.40%	12.76%	6.48%	7.36%	6.23%	4.81%	6.08%
Return on Net Nonoperating Assets (RNNOA)	4.31%	1.39%	1.08%	3.80%	5.81%	18.26%	9.19%	6.37%	5.27%	3.46%	3.86%
Return on Equity (ROE)	12.30%	4.19%	3.38%	9.96%	15.21%	31.02%	15.67%	13.73%	11.50%	8.27%	9.94%
Cash Return on Invested Capital (CROIC)	1.20%	2.84%	0.65%	-23.98%	-34.32%	-79.91%	44.96%	-6.29%	0.09%	6.33%	-2.35%
Operating Return on Assets (OROA)	0.39%	0.62%	0.75%	0.93%	1.60%	3.08%	1.54%	1.36%	1.08%	0.78%	1.03%
Return on Assets (ROA)	1.34%	0.41%	0.29%	0.75%	1.24%	2.51%	1.24%	1.10%	0.87%	0.65%	0.84%
Return on Common Equity (ROCE)	12.29%	4.19%	3.38%	9.96%	15.21%	31.01%	15.66%	13.73%	11.49%	8.27%	9.94%
Return on Equity Simple (ROE_SIMPLE)	11.69%	4.14%	3.34%	9.38%	11.90%	26.87%	14.72%	13.04%	10.90%	7.95%	9.51%
Net Operating Profit after Tax (NOPAT)	4.48	1.63	1.35	4.27	9.60	30	18	18	17	13	18
NOPAT Margin	40.17%	13.03%	9.34%	20.74%	28.46%	33.72%	34.38%	34.93%	32.78%	25.83%	28.78%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	58.19%	54.32%	54.76%	55.38%	48.36%	34.74%	43.25%	37.72%	36.22%	36.08%	34.10%
Operating Expenses to Revenue	86.24%	78.65%	75.99%	74.13%	63.38%	46.24%	60.47%	55.04%	54.90%	55.84%	51.15%
Earnings before Interest and Taxes (EBIT)	1.28	2.44	3.46	5.33	12	36	23	23	21	16	22
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	1.52	2.58	3.58	5.54	13	35	21	23	22	17	22
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.53	0.68	1.52	1.06	0.89	1.02	1.04	0.96	0.80	0.97	0.87
Price to Tangible Book Value (P/TBV)	0.53	0.68	1.52	1.06	0.89	1.02	1.04	0.96	0.80	0.97	0.87
Price to Revenue (P/Rev)	1.82	2.15	4.24	2.34	2.12	1.27	2.44	2.57	2.40	3.14	2.62
Price to Earnings (P/E)	5.62	34.94	89.89	11.30	7.62	4.09	7.09	7.35	7.31	12.48	9.40
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.18%	0.80%	1.07%	1.22%	0.98%	1.21%
Earnings Yield	17.80%	2.86%	1.11%	8.85%	13.12%	24.44%	14.10%	13.61%	13.68%	8.01%	10.64%
Enterprise Value to Invested Capital (EV/IC)	0.24	0.00	0.58	0.19	0.56	0.35	0.30	0.40	0.00	0.13	0.06
Enterprise Value to Revenue (EV/Rev)	1.26	0.00	2.37	0.73	2.06	1.36	1.28	2.04	0.00	0.67	0.27
Enterprise Value to EBITDA (EV/EBITDA)	9.27	0.00	9.56	2.73	5.52	3.40	3.32	4.59	0.00	2.10	0.76
Enterprise Value to EBIT (EV/EBIT)	10.98	0.00	9.88	2.84	5.62	3.29	3.02	4.69	0.00	2.16	0.77
Enterprise Value to NOPAT (EV/NOPAT)	3.15	0.00	25.40	3.54	7.23	4.03	3.73	5.83	0.00	2.61	0.95
Enterprise Value to Operating Cash Flow (EV/OCF)	2.76	0.00	8.65	0.00	0.00	0.00	0.27	2.67	0.00	2.46	0.89
Enterprise Value to Free Cash Flow (EV/FCFF)	20.92	0.00	90.67	0.00	0.00	0.00	0.54	0.00	0.00	1.98	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.51	0.47	0.46	0.75	0.54	2.08	0.83	0.89	0.80	0.64	0.63
Long-Term Debt to Equity	0.51	0.47	0.46	0.75	0.54	2.08	0.83	0.89	0.80	0.64	0.63
Financial Leverage	0.54	0.49	0.47	0.62	0.62	1.43	1.42	0.87	0.85	0.72	0.63
Leverage Ratio	9.16	10.15	11.53	13.36	12.24	12.35	12.62	12.53	13.17	12.73	11.85
Compound Leverage Factor	9.16	10.15	11.53	13.36	11.93	12.35	12.62	12.53	13.17	12.73	11.85
Debt to Total Capital	33.91%	32.19%	31.66%	42.93%	35.20%	67.54%	45.49%	47.18%	44.57%	38.99%	38.60%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	33.91%	32.19%	31.66%	42.93%	35.20%	67.54%	45.49%	47.18%	44.57%	38.99%	38.60%
Preferred Equity to Total Capital	0.01%	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	66.08%	67.80%	68.34%	57.07%	64.80%	32.44%	54.51%	52.79%	55.43%	60.99%	61.37%
Debt to EBITDA	12.93	7.23	5.22	6.19	3.49	6.52	5.04	5.39	5.80	6.48	5.27
Net Debt to EBITDA	-4.11	-15.25	-7.53	-5.98	-0.17	0.22	-2.99	-1.19	-6.34	-7.68	-6.50
Long-Term Debt to EBITDA	12.93	7.23	5.22	6.19	3.49	6.52	5.04	5.39	5.80	6.48	5.27
Debt to NOPAT	4.39	11.47	13.86	8.02	4.56	7.74	5.67	6.85	7.38	8.04	6.61
Net Debt to NOPAT	-1.39	-24.21	-20.02	-7.76	-0.22	0.26	-3.36	-1.51	-8.07	-9.54	-8.16
Long-Term Debt to NOPAT	4.39	11.47	13.86	8.02	4.56	7.74	5.67	6.85	7.38	8.04	6.61
Noncontrolling Interest Sharing Ratio	0.01%	0.01%	0.01%	0.00%	0.00%	0.04%	0.03%	0.03%	0.02%	0.02%	0.04%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.67	1.65	0.38	-17	-35	-185	128	-16	0.24	18	-6.77
Operating Cash Flow to CapEx	11,337.78%	3,812.77%	1,266.35%	-1,929.74%	-23,372.01%	-32,068.83%	9,776.26%	4,393.81%	2,730.86%	5,334.21%	3,837.37%
Free Cash Flow to Firm to Interest Expense	0.26	0.53	0.11	-2.38	-2.62	-12.72	12.42	-0.82	0.00	0.25	-0.10
Operating Cash Flow to Interest Expense	1.96	0.58	1.12	-1.69	-7.72	-8.47	24.57	2.10	0.30	0.20	0.29
Operating Cash Flow Less CapEx to Interest Expense	1.94	0.56	1.03	-1.78	-7.76	-8.50	24.32	2.05	0.29	0.19	0.28
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.03	0.03	0.03	0.04	0.04	0.07	0.04	0.03	0.03	0.03	0.03
Fixed Asset Turnover	3.02	3.55	4.14	5.57	8.59	22.74	11.18	10.78	13.62	14.10	17.21
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	58	58	59	80	124	339	230	264	280	276	300
Invested Capital Turnover	0.20	0.22	0.25	0.30	0.33	0.38	0.19	0.21	0.19	0.19	0.21
Increase / (Decrease) in Invested Capital	3.80	-0.02	0.97	21	45	215	-110	34	17	-4.21	24
Enterprise Value (EV)	14	-12	34	15	69	119	69	106	-13	35	17
Market Capitalization	20	27	61	48	72	112	131	133	124	163	160
Book Value per Share	$2.39	$2.46	$1.74	$10.60	$15.11	$16.78	$19.05	$21.46	$23.70	$26.37	$28.62
Tangible Book Value per Share	$2.39	$2.46	$1.74	$10.60	$15.11	$16.78	$19.05	$21.46	$23.70	$26.37	$28.62
Total Capital	58	58	59	80	124	339	230	264	280	276	300
Total Debt	20	19	19	34	44	229	105	124	125	108	116
Total Long-Term Debt	20	19	19	34	44	229	105	124	125	108	116
Net Debt	-6.24	-39	-27	-33	-2.16	7.58	-62	-28	-137	-128	-143
Capital Expenditures (CapEx)	0.05	0.05	0.31	0.61	0.44	0.39	2.59	0.91	0.66	0.27	0.49
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	20	19	19	34	44	229	105	124	125	108	116
Total Depreciation and Amortization (D&A)	0.24	0.15	0.12	0.21	0.22	-1.13	-2.07	0.50	0.57	0.49	0.48
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.27	$0.28	$0.22	$1.02	$2.05	$4.53	$2.84	$2.84	$2.64	$2.08	$2.70
Adjusted Weighted Average Basic Shares Outstanding	2.91M	2.96M	4.24M	4.39M	5.37M	6.65M	6.52M	6.55M	6.34M	6.40M	6.51M
Adjusted Diluted Earnings per Share	$1.10	$0.28	$0.22	$1.00	$2.03	$4.47	$2.77	$2.78	$2.63	$2.06	$2.69
Adjusted Weighted Average Diluted Shares Outstanding	2.91M	2.96M	4.24M	4.39M	5.37M	6.65M	6.52M	6.55M	6.34M	6.40M	6.51M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$2.05	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	2.91M	2.96M	4.24M	4.39M	5.37M	6.65M	6.52M	6.55M	6.34M	6.40M	6.51M
Normalized Net Operating Profit after Tax (NOPAT)	0.90	1.63	2.42	4.27	9.60	30	18	18	17	13	18
Normalized NOPAT Margin	8.06%	13.03%	16.81%	20.74%	28.46%	33.72%	34.38%	34.93%	32.78%	25.83%	28.78%
Pre Tax Income Margin	11.52%	19.51%	24.01%	25.87%	35.70%	41.32%	42.51%	43.45%	40.61%	31.15%	35.32%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.49	0.79	0.98	0.76	0.92	2.49	2.21	1.19	0.35	0.23	0.33
NOPAT to Interest Expense	1.72	0.53	0.38	0.61	0.72	2.03	1.79	0.96	0.28	0.19	0.27
EBIT Less CapEx to Interest Expense	0.48	0.77	0.89	0.67	0.89	2.46	1.96	1.14	0.34	0.22	0.32
NOPAT Less CapEx to Interest Expense	1.70	0.51	0.29	0.52	0.68	2.00	1.54	0.91	0.27	0.18	0.26
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	16.75%	46.10%	55.72%	0.00%	0.00%	0.66%	4.60%	6.35%	8.71%	12.06%	11.11%
Augmented Payout Ratio	16.75%	47.94%	55.72%	0.00%	0.00%	2.85%	20.70%	19.22%	9.76%	13.72%	18.42%

This table displays calculated financial ratios and metrics derived from CF Bankshares' official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	6,549,522.00	6,555,063.00	6,341,297.00	6,386,121.00	6,388,110.00	-	6,397,334.00	6,480,330.00	6,447,507.00	6,443,775.00	6,510,702.00
DEI Adjusted Shares Outstanding	6,549,522.00	6,555,063.00	6,341,297.00	6,386,121.00	6,388,110.00	-	6,397,334.00	6,480,330.00	6,447,507.00	6,443,775.00	6,510,702.00
DEI Earnings Per Adjusted Shares Outstanding	0.62	0.65	0.48	0.27	0.66	-	0.69	0.78	0.36	0.89	0.77
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-7.51%	-7.38%	-9.39%	0.97%	0.76%	9.32%	15.80%	23.81%	18.69%	12.64%	4.90%
EBITDA Growth	0.45%	-20.67%	-31.15%	-62.15%	4.67%	-0.53%	46.26%	217.33%	-47.62%	31.80%	5.58%
EBIT Growth	-4.87%	-12.36%	-31.84%	-63.40%	5.32%	-0.04%	48.18%	231.26%	-48.64%	32.33%	5.61%
NOPAT Growth	-5.13%	-9.33%	-30.98%	-59.86%	4.32%	4.30%	44.30%	197.05%	-44.35%	29.86%	13.41%
Net Income Growth	-5.13%	-9.33%	-30.98%	-59.86%	4.32%	4.30%	44.30%	197.05%	-44.35%	29.86%	13.41%
EPS Growth	-4.62%	-6.94%	-30.88%	-60.61%	4.84%	1.49%	44.68%	196.15%	-44.62%	29.41%	13.24%
Operating Cash Flow Growth	775.36%	17.60%	-120.09%	116.24%	-151.57%	58.31%	290.01%	99.85%	533.54%	-75.89%	114.37%
Free Cash Flow Firm Growth	71.64%	57.05%	122.28%	15.77%	62.98%	169.24%	-44.01%	162.94%	27.32%	-315.25%	-343.92%
Invested Capital Growth	9.35%	6.33%	-3.81%	14.50%	4.15%	-1.50%	-1.27%	-6.01%	2.65%	8.81%	8.77%
Revenue Q/Q Growth	4.04%	-1.40%	-4.68%	3.25%	3.82%	6.99%	0.97%	10.39%	-0.47%	1.53%	-5.96%
EBITDA Q/Q Growth	-4.92%	2.87%	-26.62%	-47.27%	162.95%	-2.24%	7.90%	14.41%	-56.60%	145.99%	-13.57%
EBIT Q/Q Growth	-5.00%	3.03%	-27.13%	-48.69%	173.40%	-2.22%	8.02%	14.72%	-57.61%	151.94%	-13.80%
NOPAT Q/Q Growth	-4.55%	5.06%	-27.51%	-44.79%	148.08%	5.04%	0.29%	13.66%	-53.53%	145.13%	-12.41%
Net Income Q/Q Growth	-4.55%	5.06%	-27.51%	-44.79%	148.08%	5.04%	0.29%	13.66%	-53.53%	145.13%	-12.41%
EPS Q/Q Growth	-6.06%	8.06%	-29.85%	-44.68%	150.00%	4.62%	0.00%	13.24%	-53.25%	144.44%	-12.50%
Operating Cash Flow Q/Q Growth	33.13%	225.58%	-114.55%	442.89%	-131.75%	1,099.45%	-82.54%	260.65%	-31.12%	-44.42%	55.25%
Free Cash Flow Firm Q/Q Growth	56.32%	36.38%	214.98%	-363.61%	80.80%	219.00%	-7.02%	196.35%	-122.17%	-252.42%	-5.36%
Invested Capital Q/Q Growth	1.45%	1.49%	1.30%	9.78%	-7.72%	-4.01%	1.54%	4.50%	0.78%	1.75%	1.51%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	39.79%	41.51%	31.96%	16.32%	41.34%	37.77%	40.36%	41.83%	18.24%	44.20%	40.62%
EBIT Margin	38.67%	40.41%	30.89%	15.35%	40.43%	36.95%	39.53%	41.08%	17.49%	43.41%	39.79%
Profit (Net Income) Margin	31.08%	33.12%	25.19%	13.47%	32.18%	31.60%	31.39%	32.32%	15.09%	36.43%	33.93%
Tax Burden Percent	80.38%	81.96%	81.54%	87.73%	79.61%	85.52%	79.40%	78.67%	86.25%	83.92%	85.27%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	19.62%	18.04%	18.46%	12.27%	20.39%	14.48%	20.60%	21.33%	13.75%	16.08%	14.73%
Return on Invested Capital (ROIC)	6.19%	6.29%	4.38%	2.33%	5.78%	5.89%	5.98%	6.06%	3.06%	7.70%	7.15%
ROIC Less NNEP Spread (ROIC-NNEP)	6.19%	6.29%	4.38%	2.33%	5.78%	5.89%	5.98%	6.06%	3.06%	7.70%	7.15%
Return on Net Nonoperating Assets (RNNOA)	5.25%	5.33%	4.04%	2.10%	4.56%	4.23%	4.22%	4.83%	2.14%	4.88%	4.42%
Return on Equity (ROE)	11.45%	11.62%	8.43%	4.43%	10.34%	10.11%	10.20%	10.89%	5.20%	12.58%	11.57%
Cash Return on Invested Capital (CROIC)	-2.36%	0.09%	9.26%	-9.06%	0.62%	6.33%	6.50%	12.18%	2.95%	-2.35%	-2.21%
Operating Return on Assets (OROA)	1.08%	1.08%	0.78%	0.39%	1.01%	0.93%	1.03%	1.12%	0.50%	1.27%	1.16%
Return on Assets (ROA)	0.87%	0.88%	0.64%	0.34%	0.80%	0.79%	0.82%	0.88%	0.43%	1.06%	0.99%
Return on Common Equity (ROCE)	11.44%	11.61%	8.42%	4.43%	10.33%	10.11%	10.20%	10.89%	5.20%	12.58%	11.56%
Return on Equity Simple (ROE_SIMPLE)	11.48%	0.00%	9.84%	8.16%	8.05%	0.00%	8.54%	10.21%	9.04%	0.00%	9.60%
Net Operating Profit after Tax (NOPAT)	4.03	4.24	3.07	1.70	4.21	4.42	4.43	5.04	2.34	5.74	5.02
NOPAT Margin	31.08%	33.12%	25.19%	13.47%	32.18%	31.60%	31.39%	32.32%	15.09%	36.43%	33.93%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	34.18%	34.35%	37.50%	37.57%	35.83%	33.74%	37.80%	32.98%	32.78%	33.21%	39.58%
Operating Expenses to Revenue	52.13%	52.75%	58.96%	56.35%	55.30%	53.17%	56.35%	49.77%	49.82%	49.17%	56.13%
Earnings before Interest and Taxes (EBIT)	5.02	5.17	3.77	1.93	5.28	5.17	5.58	6.40	2.71	6.84	5.89
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	5.16	5.31	3.90	2.05	5.40	5.28	5.70	6.52	2.83	6.96	6.02
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.71	0.80	0.79	0.74	0.83	0.97	0.80	0.87	0.86	0.87	0.96
Price to Tangible Book Value (P/TBV)	0.71	0.80	0.79	0.74	0.83	0.97	0.80	0.87	0.86	0.87	0.96
Price to Revenue (P/Rev)	2.05	2.40	2.47	2.33	2.69	3.14	2.58	2.73	2.60	2.62	2.94
Price to Earnings (P/E)	6.21	7.31	8.04	9.12	10.50	12.48	9.69	8.82	9.77	9.40	10.31
Dividend Yield	1.34%	1.22%	1.22%	1.30%	1.41%	0.98%	1.20%	1.13%	1.21%	1.21%	1.15%
Earnings Yield	16.10%	13.68%	12.44%	10.96%	9.52%	8.01%	10.32%	11.33%	10.23%	10.64%	9.70%
Enterprise Value to Invested Capital (EV/IC)	0.01	0.00	0.05	0.09	0.09	0.13	0.02	0.00	0.00	0.06	0.10
Enterprise Value to Revenue (EV/Rev)	0.06	0.00	0.27	0.56	0.52	0.67	0.10	0.00	0.00	0.27	0.48
Enterprise Value to EBITDA (EV/EBITDA)	0.14	0.00	0.69	1.71	1.57	2.10	0.29	0.00	0.00	0.76	1.31
Enterprise Value to EBIT (EV/EBIT)	0.14	0.00	0.71	1.77	1.62	2.16	0.29	0.00	0.00	0.77	1.34
Enterprise Value to NOPAT (EV/NOPAT)	0.17	0.00	0.87	2.16	1.98	2.61	0.36	0.00	0.00	0.95	1.62
Enterprise Value to Operating Cash Flow (EV/OCF)	0.18	0.00	1.22	2.12	2.74	2.46	0.30	0.00	0.00	0.89	1.38
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.51	0.00	14.92	1.98	0.29	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.83	0.80	0.80	0.95	0.75	0.64	0.62	0.65	0.65	0.63	0.61
Long-Term Debt to Equity	0.83	0.80	0.80	0.95	0.75	0.64	0.62	0.65	0.65	0.63	0.61
Financial Leverage	0.85	0.85	0.92	0.90	0.79	0.72	0.71	0.80	0.70	0.63	0.62
Leverage Ratio	13.13	13.17	13.17	13.04	12.87	12.73	12.50	12.40	12.17	11.85	11.72
Compound Leverage Factor	13.13	13.17	13.17	13.04	12.87	12.73	12.50	12.40	12.17	11.85	11.72
Debt to Total Capital	45.23%	44.57%	44.35%	48.80%	42.99%	38.99%	38.40%	39.57%	39.27%	38.60%	38.04%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	45.23%	44.57%	44.35%	48.80%	42.99%	38.99%	38.40%	39.57%	39.27%	38.60%	38.04%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	54.74%	55.43%	55.63%	51.19%	56.99%	60.99%	61.58%	60.41%	60.71%	61.37%	61.96%
Debt to EBITDA	5.61	5.80	6.37	9.27	7.42	6.48	5.84	5.06	5.71	5.27	5.20
Net Debt to EBITDA	-4.71	-6.34	-5.61	-5.47	-6.60	-7.68	-7.24	-6.98	-7.70	-6.50	-6.80
Long-Term Debt to EBITDA	5.61	5.80	6.37	9.27	7.42	6.48	5.84	5.06	5.71	5.27	5.20
Debt to NOPAT	7.19	7.38	8.10	11.68	9.36	8.04	7.30	6.41	7.15	6.61	6.40
Net Debt to NOPAT	-6.04	-8.07	-7.14	-6.89	-8.33	-9.54	-9.05	-8.84	-9.65	-8.16	-8.37
Long-Term Debt to NOPAT	7.19	7.38	8.10	11.68	9.36	8.04	7.30	6.41	7.15	6.61	6.40
Noncontrolling Interest Sharing Ratio	0.05%	0.02%	0.04%	0.04%	0.04%	0.02%	0.03%	0.03%	0.04%	0.04%	0.02%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-20	-12	14	-38	-7.25	8.63	8.02	24	-5.27	-19	-20
Operating Cash Flow to CapEx	0.00%	61,384.62%	-38,700.00%	49,762.50%	-4,514.29%	5,565.20%	4,085.19%	6,918.26%	2,083.65%	5,538.18%	4,338.53%
Free Cash Flow to Firm to Interest Expense	-1.19	-0.69	0.81	-2.10	-0.39	0.49	0.49	1.45	-0.32	-1.18	-1.32
Operating Cash Flow to Interest Expense	0.15	0.44	-0.07	0.22	-0.07	0.72	0.14	0.49	0.33	0.19	0.32
Operating Cash Flow Less CapEx to Interest Expense	0.15	0.44	-0.07	0.22	-0.07	0.71	0.13	0.48	0.31	0.19	0.31
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.03	0.03	0.03	0.03	0.02	0.03	0.03	0.03	0.03	0.03	0.03
Fixed Asset Turnover	13.63	13.62	12.92	13.20	13.65	14.10	15.02	16.12	16.68	17.21	17.60
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	276	280	284	312	288	276	280	293	295	300	305
Invested Capital Turnover	0.20	0.19	0.17	0.17	0.18	0.19	0.19	0.19	0.20	0.21	0.21
Increase / (Decrease) in Invested Capital	24	17	-11	39	11	-4.21	-3.59	-19	7.61	24	25
Enterprise Value (EV)	3.00	-13	14	28	26	35	5.29	-5.00	-2.57	17	29
Market Capitalization	108	124	125	118	136	163	139	155	154	160	181
Book Value per Share	$23.09	$23.70	$24.92	$24.99	$25.66	$26.37	$26.99	$27.32	$27.81	$28.62	$29.02
Tangible Book Value per Share	$23.09	$23.70	$24.92	$24.99	$25.66	$26.37	$26.99	$27.32	$27.81	$28.62	$29.02
Total Capital	276	280	284	312	288	276	280	293	295	300	305
Total Debt	125	125	126	152	124	108	108	116	116	116	116
Total Long-Term Debt	125	125	126	152	124	108	108	116	116	116	116
Net Debt	-105	-137	-111	-90	-110	-128	-133	-160	-156	-143	-152
Capital Expenditures (CapEx)	0.00	0.01	0.00	0.01	0.03	0.23	0.05	0.12	0.26	0.06	0.11
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	125	125	126	152	124	108	108	116	116	116	116
Total Depreciation and Amortization (D&A)	0.15	0.14	0.13	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.63	$0.66	$0.48	$0.26	$0.65	$0.69	$0.68	$0.77	$0.36	$0.89	$0.77
Adjusted Weighted Average Basic Shares Outstanding	6.56M	6.34M	6.39M	6.39M	6.39M	6.40M	6.48M	6.45M	6.44M	6.51M	6.50M
Adjusted Diluted Earnings per Share	$0.62	$0.67	$0.47	$0.26	$0.65	$0.68	$0.68	$0.77	$0.36	$0.88	$0.77
Adjusted Weighted Average Diluted Shares Outstanding	6.56M	6.34M	6.39M	6.39M	6.39M	6.40M	6.48M	6.45M	6.44M	6.51M	6.50M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	6.56M	6.34M	6.39M	6.39M	6.39M	6.40M	6.48M	6.45M	6.44M	6.51M	6.50M
Normalized Net Operating Profit after Tax (NOPAT)	4.03	4.24	3.07	1.70	4.21	4.42	4.43	5.04	2.34	5.74	5.02
Normalized NOPAT Margin	31.08%	33.12%	25.19%	13.47%	32.18%	31.60%	31.39%	32.32%	15.09%	36.43%	33.93%
Pre Tax Income Margin	38.67%	40.41%	30.89%	15.35%	40.43%	36.95%	39.53%	41.08%	17.49%	43.41%	39.79%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.30	0.29	0.21	0.11	0.29	0.30	0.34	0.39	0.16	0.43	0.40
NOPAT to Interest Expense	0.24	0.24	0.17	0.09	0.23	0.25	0.27	0.31	0.14	0.36	0.34
EBIT Less CapEx to Interest Expense	0.30	0.29	0.21	0.11	0.28	0.28	0.34	0.38	0.15	0.43	0.39
NOPAT Less CapEx to Interest Expense	0.24	0.24	0.17	0.09	0.23	0.24	0.27	0.30	0.13	0.36	0.33
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	8.10%	8.71%	9.91%	11.85%	11.72%	12.06%	11.40%	9.68%	11.60%	11.11%	11.46%
Augmented Payout Ratio	8.10%	9.76%	12.20%	14.92%	14.74%	13.72%	11.40%	13.92%	16.79%	18.42%	11.46%

Financials Breakdown Chart

Key Financial Trends

CF Bankshares (NASDAQ: CFBK) delivered a strong start to 2026, with quarterly profitability and operating cash flow both improving meaningfully versus the prior quarter and versus the same period last year. However, the bank still shows some balance sheet and credit-quality pressures, including a higher provision for credit losses and a continued decline in noninterest-bearing deposits from recent peaks.

Net income improved year over year in Q1 2026. CF Bankshares reported $5.0 million in net income, up from $4.4 million in Q1 2025 and well above the $2.3 million reported in Q3 2025.
Operating cash flow was solid. The company generated $4.7 million in operating cash flow in Q1 2026, compared with $2.2 million in Q1 2025.
Quarterly earnings remained healthy. Diluted EPS came in at $0.77 in Q1 2026, versus $0.68 in Q1 2025.
Total common equity increased. Common equity rose to $189.0 million at March 31, 2026, from $172.7 million a year earlier.
Loan book continued to grow. Net loans and leases increased to $1.76 billion, up from $1.75 billion in Q1 2025 and $1.72 billion in Q3 2025.
Deposit growth supported funding. Net change in deposits was a strong $28.8 million in Q1 2026, helping support asset growth and liquidity.
Net interest income was lower than in late 2025. Q1 2026 net interest income of $13.3 million was below $14.3 million in Q4 2025, though still above prior-year levels.
Cash and liquid assets remain substantial. Cash and due from banks totaled $267.8 million, providing a sizable liquidity cushion.
Balance sheet growth was modest. Total assets rose to $2.15 billion, from $2.09 billion in Q1 2025.
Provision for credit losses increased. The company recorded a $604,000 provision in Q1 2026, above $582,000 in Q1 2025 and higher than zero in some stronger quarters.
Noninterest-bearing deposits declined year over year from the recent peak. These deposits were $240.6 million in Q1 2026, down from $291.8 million in Q1 2025, which could pressure funding costs if the trend continues.
Investing activity was heavily negative in the quarter. CF Bankshares spent $22.6 million on investment securities in Q1 2026, producing negative investing cash flow of $22.7 million.
Interest expense remains a major cost. Deposits interest expense was $13.5 million in Q1 2026, still absorbing a large share of interest income.

Looking at the broader trend over the last several years, CF Bankshares has generally shown improving earnings power since the softer periods in 2023, with revenue, profitability, and equity trending higher into 2025 and early 2026. The main caution for investors is that the bank’s results still depend heavily on funding costs, deposit mix, and credit provisioning. If deposit growth stays stable and credit costs remain contained, the company appears positioned to keep generating steady earnings.

07/27/26 08:13 PM ETAI Generated. May Contain Errors.

CF Bankshares Financials - Frequently Asked Questions

According to the most recent income statement we have on file, CF Bankshares' fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

CF Bankshares' net income appears to be on an upward trend, with a most recent value of $17.54 million in 2025, rising from $4.48 million in 2015. The previous period was $13.39 million in 2024. Find out what analysts predict for CF Bankshares in the coming months.

Over the last 10 years, CF Bankshares' total revenue changed from $11.15 million in 2015 to $60.95 million in 2025, a change of 446.9%.

CF Bankshares' total liabilities were at $1.93 billion at the end of 2025, a 1.9% increase from 2024, and a 517.6% increase since 2015.

In the past 10 years, CF Bankshares' cash and equivalents has ranged from $25.90 million in 2015 to $261.60 million in 2023, and is currently $258.97 million as of their latest financial filing in 2025.

Over the last 10 years, CF Bankshares' book value per share changed from 2.39 in 2015 to 28.62 in 2025, a change of 1,097.9%.

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Financial statements for NASDAQ:CFBK last updated on 7/9/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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CF Bankshares (CFBK) Financials

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CF Bankshares (CFBK) Financials

Annual Income Statements for CF Bankshares

Quarterly Income Statements for CF Bankshares

Annual Cash Flow Statements for CF Bankshares

Quarterly Cash Flow Statements for CF Bankshares

Annual Balance Sheets for CF Bankshares

Quarterly Balance Sheets for CF Bankshares

Annual Metrics And Ratios for CF Bankshares

Quarterly Metrics And Ratios for CF Bankshares

Financials Breakdown Chart

Key Financial Trends

CF Bankshares Financials - Frequently Asked Questions

When does CF Bankshares' financial year end?

How has CF Bankshares' net income changed over the last 10 years?

How has CF Bankshares' revenue changed over the last 10 years?

How much debt does CF Bankshares have?

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How has CF Bankshares' book value per share changed over the last 10 years?

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