earnings
confidence high
sentiment neutral
materiality 0.60
CF Bankshares Q1 2022 net income $4.5M ($0.69 EPS); loans up 5.5%
CF BANKSHARES INC.
2022-Q1 EPS reported
$0.69
- Net income of $4.5M, EPS $0.69; ROA 1.24%, ROE 14.32%.
- Net loans and leases grew $67M (5.5%) to $1.3B, deposits up $52M (4.2%).
- Efficiency ratio improved to 53.10%; exited saleable-to-investors mortgage business.
- Noninterest expense down $2.7M YoY from scaling residential mortgage lending.
- Board declared $0.04/share cash dividend, payable April 25, 2022.