Cf Bankshares Inc ( (CFBK) ) has released its Q2 earnings. Here is a breakdown of the information Cf Bankshares Inc presented to its investors.
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CF Bankshares Inc., a holding company for CFBank, National Association, operates as a boutique commercial bank primarily in five major metro markets, including Columbus and Cleveland, Ohio, and Indianapolis, Indiana. The company focuses on providing comprehensive commercial, retail, and mortgage lending services, with a strong emphasis on individualized customer service and direct access to decision-makers.
In its latest earnings report for the second quarter of 2025, CF Bankshares Inc. announced a significant increase in net income, reaching $5.0 million, which marks a 197% rise compared to the same period in 2024. The company also reported a 42% increase in pre-provision, pre-tax net revenue (PPNR) compared to the previous year, highlighting its continued financial growth.
Key financial metrics from the report include an 11.47% return on average equity and a 0.97% return on average assets. The net interest margin expanded for the fifth consecutive quarter, reaching 2.83%, while the cost of funds declined by 48 basis points compared to the previous year. Additionally, the company improved its efficiency ratio to 49.8%.
The company declared a cash dividend of $0.08 per common share and $8.00 per Series D Preferred Stock, reflecting its commitment to returning value to shareholders. CEO Timothy T. O’Dell emphasized the successful execution of strategic objectives, including scaling the commercial bank and improving the loan and customer mix.
Looking ahead, CF Bankshares Inc. is optimistic about its future, with leadership expressing confidence in the company’s strategic direction and the potential for continued growth in core earnings and market leadership.