CF Bankshares Inc. (CFBK) To Go Ex-Dividend on January 15th

CF Bankshares Inc. (NASDAQ:CFBK) declared a quarterly dividend on Monday, January 5th. Shareholders of record on Thursday, January 15th will be paid a dividend of 0.09 per share by the savings and loans company on Monday, January 26th. This represents a c) annualized dividend and a yield of 1.3%. The ex-dividend date is Thursday, January 15th. This is a 12.5% increase from CF Bankshares’s previous quarterly dividend of $0.08.

CF Bankshares has a dividend payout ratio of 10.5% indicating that its dividend is sufficiently covered by earnings.

CF Bankshares Stock Down 0.7%

Shares of NASDAQ:CFBK opened at $26.86 on Tuesday. The firm has a 50 day simple moving average of $24.35 and a 200-day simple moving average of $24.19. CF Bankshares has a twelve month low of $19.22 and a twelve month high of $28.02. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.65. The company has a market capitalization of $171.10 million, a PE ratio of 10.79 and a beta of 0.43.

CF Bankshares (NASDAQ:CFBK) last announced its quarterly earnings results on Monday, November 3rd. The savings and loans company reported $0.36 EPS for the quarter, missing the consensus estimate of $0.84 by ($0.48). CF Bankshares had a return on equity of 9.23% and a net margin of 12.78%.The company had revenue of $15.51 million for the quarter, compared to analyst estimates of $15.88 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.