CF Bankshares (CFBK) AI Stock Analysis

• Market Cap: $154.30M
• Dividend Yield: 1.22%
• Average Volume (3M): 32.68K
• Price to Earnings (P/E): 10.5
• Beta (1Y): 0.83
• Revenue Growth: 5.51%
• EPS Growth: -5.63%
• Country: US
• Employees: 102
• Sector: Financial
• Sector Strength: 74
• Industry: Banks - Regional
• EPS (TTM): 0.70
• Shares Outstanding: 5,219,630
• 10 Day Avg. Volume: 14,204
• 30 Day Avg. Volume: 32,683
• PEG Ratio: 0.00
• Price to Book (P/B): 0.97
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 3.49
• Enterprise Value/Market Cap: 0.71
• Enterprise Value/Revenue: 0.59
• Enterprise Value/Gross Profit: 2.11
• Enterprise Value/Ebitda: 2.30
• 1Y Price Target: $29.00
• Price Target Upside: 21.80% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 73 Outperform
• Price Target: $26.00 ▲(9.20%Upside)

CF Bankshares has a robust financial performance, underpinned by strong revenue growth and a solid balance sheet. The valuation metrics are attractive, suggesting potential undervaluation. Technical indicators imply a neutral to slight bearish trend, with some signals of oversold conditions. The absence of recent earnings call data and notable corporate events means these factors do not influence the score.

CF Bankshares Business Overview & Revenue Model

Company Description

CF Bankshares Inc. operates as the bank holding company for CFBank, National Association that provides various banking products and services in the United States. The company accepts savings, retail and business checking accounts, and money market accounts, as well as certificates of deposit. It also offers single-family mortgage loans; commercial real estate and multi-family residential mortgage loans; commercial loans; construction and land loans; and consumer loans, such as home equity lines of credit, home improvement loans, and loans secured by deposits and purchased loans, as well as other loans. In addition, the company provides Internet and mobile banking, remote deposit, and treasury management depository services. As of December 31, 2021, it operated five branch offices located in Franklin, Cuyahoga, Hamilton, and Summit counties, Ohio; and a loan production office located in Franklin County, Ohio. The company was formerly known as Central Federal Corporation and changed its name to CF Bankshares Inc. in July 2020. CF Bankshares Inc. was founded in 1892 and is based in Worthington, Ohio.

How the Company Makes Money

CF Bankshares makes money primarily through its subsidiary, CFBank, by generating interest income from its lending activities. The company extends loans to businesses and individuals, including commercial loans, residential mortgages, and consumer loans. Interest earned on these loans constitutes a significant portion of the company's revenue. In addition, CFBank earns non-interest income through various fees and service charges related to deposit accounts, transaction processing, and other financial services. The bank also invests in securities, which provides additional interest income. Strategic partnerships with financial service providers and a focus on expanding its customer base through community engagement further contribute to its earnings.

CF Bankshares Financial Statement Overview

Summary

CF Bankshares exhibits strong revenue growth and a solid equity base with zero debt, indicating financial stability. However, declining net income and volatile cash flows are concerning for profitability and cash management.

Income Statement

CF Bankshares showed mixed performance with strong revenue growth from 2023 to 2024, but declining net income. Gross profit margin remains high at 100% due to the nature of the banking industry. Net income decreased from 2023 to 2024, impacting net profit margins negatively.

Balance Sheet

The company maintains a solid equity base with a zero debt-to-equity ratio in 2024, reflecting strong financial stability. However, the return on equity has declined due to reduced net income, which could signal potential future challenges in profitability.

Cash Flow

CF Bankshares has experienced volatility in cash flow with a significant reduction in free cash flow from 2023 to 2024, and the operating cash flow to net income ratio indicates challenges in converting income to cash. This poses risks to liquidity, despite positive free cash flow in 2024.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	60.56M	122.16M	49.35M	51.31M	53.33M	87.50M
Gross Profit	51.88M	43.68M	51.05M	51.31M	53.33M	87.50M
EBITDA	13.15M	16.63M	0.00	0.00	21.11M	36.66M
Net Income	14.61M	13.39M	16.94M	18.16M	18.45M	29.61M
Balance Sheet
Total Assets	2.09B	2.07B	2.06B	1.82B	1.50B	1.48B
Cash, Cash Equivalents and Short-Term Investments	249.78M	243.96M	258.30M	162.23M	182.94M	230.40M
Total Debt	0.00	113.91M	130.26M	125.82M	106.64M	230.80M
Total Liabilities	1.92B	1.90B	1.90B	1.68B	1.37B	1.37B
Stockholders Equity	172.68M	168.44M	155.37M	139.25M	125.33M	110.21M
Cash Flow
Free Cash Flow	18.15M	13.92M	17.39M	38.86M	250.34M	-123.85M
Operating Cash Flow	17.56M	14.19M	18.05M	39.76M	253.30M	-123.47M
Investing Cash Flow	-54.14M	-32.99M	-121.85M	-353.32M	-316.73M	-259.75M
Financing Cash Flow	40.68M	-7.52M	213.61M	298.75M	8.42M	558.93M

CF Bankshares Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 23.81
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CFBK, the sentiment is Neutral. The current price of 23.81 is below the 20-day moving average (MA) of 23.95, above the 50-day MA of 23.80, and below the 200-day MA of 23.94, indicating a neutral trend. The MACD of 0.06 indicates Positive momentum. The RSI at 48.76 is Neutral, neither overbought nor oversold. The STOCH value of 43.99 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for CFBK.

CF Bankshares Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CZWI	77 Outperform	$147.54M	11.67	7.29%	2.44%	-1.15%	-1.80%
CFBK	73 Outperform	$154.30M	10.48	8.65%	1.22%	5.51%	-5.63%
Sector *	68 Neutral	$17.19B	11.20	9.70%	3.58%	11.11%	-4.55%
RMBI	67 Neutral	$146.23M	14.97	7.23%	4.06%	9.70%	18.24%
EBMT	65 Neutral	$129.22M	11.47	6.42%	3.46%	6.51%	27.04%
FNWD	63 Neutral	$117.05M	35.21	2.18%	1.73%	-7.58%	-78.69%
SFBC	62 Neutral	$118.30M	23.70	4.90%	1.59%	8.04%	-16.23%

CF Bankshares Corporate Events

CF Bankshares Elects New Directors at Annual Meeting

CF Bankshares Inc. held its Annual Meeting of Stockholders on June 4, 2025, where 4,050,359 shares were represented in person or by proxy. During the meeting, Thomas P. Ash, James H. Frauenberg, and David L. Royer were elected as directors for three-year terms expiring in 2028. Additionally, the stockholders approved proposals regarding executive compensation and the appointment of Plante & Moran PLCC as the independent registered public accounting firm for the fiscal year ending December 31, 2025.

The most recent analyst rating on (CFBK) stock is a Buy with a $29.00 price target. To see the full list of analyst forecasts on CF Bankshares stock, see the CFBK Stock Forecast page.

CF Bankshares to Hold Virtual Annual Meeting

CF Bankshares Inc. announced that its Annual Meeting of Stockholders will be held virtually via live webcast on June 4, 2025, at 10:00 a.m. Eastern Daylight Saving Time. The company has provided additional information and slides in conjunction with the meeting, which are incorporated by reference in their Form 8-K filing.

The most recent analyst rating on (CFBK) stock is a Buy with a $29.00 price target. To see the full list of analyst forecasts on CF Bankshares stock, see the CFBK Stock Forecast page.

CF Bankshares Distributes 2024 Annual Report to Stockholders

On or about May 5, 2025, CF Bankshares Inc. distributed its Proxy Statement and 2024 Annual Report to stockholders in preparation for the Annual Meeting scheduled for June 4, 2025. The 2024 Annual Report included a letter addressing the company’s performance in 2024 and its outlook for 2025, providing insights into the company’s operations and future plans.