earnings
confidence high
sentiment neutral
materiality 0.60
CF Bankshares Q4 net income $4.2M ($0.65 EPS); full-year $16.9M ($2.63 EPS); assets top $2B
CF BANKSHARES INC.
2023-FY EPS reported
$2.63
- Q4 2023 net income $4.2M ($0.65 diluted EPS) vs $4.0M ($0.62) prior quarter and $4.7M ($0.72) year ago.
- Full year 2023 net income $16.9M ($2.63 EPS) vs $18.2M ($2.78) in 2022; pre-provision net revenue $23.3M.
- Total assets reached $2.0B; net loans $1.7B (+7.8% YoY); deposits $1.7B (+14.1% YoY).
- Nonaccrual loans rose to $5.7M (0.33% of loans) from $0.8M at Dec 2022; net charge-offs $623K in Q4 from two trucking loans.
- Board declared $0.06 per share cash dividend paid Jan 29, 2024 (unchanged from prior quarter).