CF Bankshares Q1 net income $4.4M ($0.68/share); dividend increased 20% to $0.06

CF BANKSHARES INC.

2023-Q1 EPS reported $0.68

Net income $4.4M, down from $4.7M in Q4 2022 but flat vs Q1 2022; diluted EPS $0.68.
ROA 0.98%, ROE 12.55%; book value per share rose to $21.88.
Net loans grew $43.8M to $1.6B; nonperforming loans were only 0.04% of total loans.
Deposits increased $75.9M to $1.6B; uninsured deposits were 30.5% of total.
Quarterly dividend raised 20% to $0.06/share, payable April 28, 2023.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

CF BANKSHARES INC. reported the first quarter ended March 31, 2023 results: net income Net Income for Q1 2023 was $4.4 million ( $0.68 per diluted common share ), EPS $0.68 per diluted common share.

Period: the first quarter ended March 31, 2023
Net income: Net Income for Q1 2023 was $4.4 million ( $0.68 per diluted common share )
EPS: $0.68 per diluted common share
Result: reported results

Exact text from the filing

On May 10, 2023, CF Bankshares Inc. (the “Company”) issued a press release announcing financial results for the first quarter March 31, 2023

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CF BANKSHARES INC. filing history →

Source: SEC EDGAR

accession 0001070680-23-000015

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