See more : Sigma Healthcare Limited (SIG.AX) Income Statement Analysis – Financial Results
Complete financial analysis of CF Bankshares Inc. (CFBK) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of CF Bankshares Inc., a leading company in the Banks – Regional industry within the Financial Services sector.
You may be interested
- Sabina Public Company Limited (SABINA-R.BK) Income Statement Analysis – Financial Results
- Mitsubishi Pencil Co., Ltd. (7976.T) Income Statement Analysis – Financial Results
- Taseko Mines Limited (TKO.L) Income Statement Analysis – Financial Results
- DNAPrint Genomics, Inc. (DNAG) Income Statement Analysis – Financial Results
- ZX Inc (9890.HK) Income Statement Analysis – Financial Results
CF Bankshares Inc. (CFBK)
About CF Bankshares Inc.
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.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 51.05M | 51.31M | 53.33M | 87.50M | 33.19M | 20.49M | 14.25M | 12.35M | 10.94M | 10.13M | 6.08M | 5.50M | 7.30M | 10.23M | 9.88M | 9.65M | 8.46M | 7.59M | 5.83M | 4.53M | 2.84M | 4.29M | 4.47M | 4.33M | 4.90M | 4.10M |
| Cost of Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 208.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 51.05M | 51.31M | 53.33M | 87.50M | 33.19M | 20.49M | 14.25M | 12.35M | 10.94M | 10.13M | 6.08M | 5.50M | 7.30M | 10.23M | 9.67M | 9.65M | 8.46M | 7.59M | 5.83M | 4.53M | 2.84M | 4.29M | 4.47M | 4.33M | 4.90M | 4.10M |
| Gross Profit Ratio | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 97.89% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 17.60M | 17.06M | 18.97M | 23.33M | 12.35M | 9.18M | 6.76M | 5.52M | 5.45M | 5.08M | 4.32M | 4.74M | 5.82M | 5.81M | 6.12M | 4.06M | 4.60M | 3.79M | 3.57M | 3.45M | 3.55M | 1.79M | 1.86M | 2.31M | 2.10M | 2.00M |
| Selling & Marketing | 336.00K | 431.00K | 3.06M | 5.62M | 2.83M | 1.39M | 154.00K | 125.00K | 145.00K | 110.00K | 40.00K | 30.00K | 37.00K | 107.00K | 52.00K | 45.00K | 203.00K | 95.00K | 138.00K | 171.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 17.93M | 17.50M | 22.03M | 28.95M | 15.17M | 10.58M | 6.91M | 5.65M | 5.59M | 5.19M | 4.36M | 4.77M | 5.86M | 5.92M | 6.18M | 4.10M | 4.80M | 3.88M | 3.71M | 3.63M | 3.55M | 1.79M | 1.86M | 2.31M | 2.10M | 2.00M |
| Other Expenses | 33.12M | -27.24M | -52.54M | -80.17M | -36.32M | -20.26M | -14.26M | -12.53M | -12.61M | -12.77M | -8.86M | -11.41M | -15.11M | -18.64M | -208.00K | -4.83M | -3.55M | -4.66M | -9.48M | -8.54M | -6.23M | -1.63M | -120.00K | -412.00K | -2.10M | -800.00K |
| Operating Expenses | 51.05M | -9.74M | -30.51M | -51.21M | -21.15M | -8.16M | -7.34M | -6.88M | -7.02M | -7.58M | -4.49M | -6.64M | -9.25M | -12.72M | 5.97M | -731.00K | 1.26M | -780.00K | -5.78M | -4.92M | -2.69M | 164.00K | 1.74M | 1.90M | 0.00 | 1.20M |
| Cost & Expenses | 51.05M | -9.74M | -30.51M | -51.21M | -21.15M | -8.16M | -7.34M | -6.88M | -7.02M | -7.58M | -4.49M | -6.64M | -9.25M | -12.72M | 6.18M | -731.00K | 1.26M | -780.00K | -5.78M | -4.92M | -2.69M | 164.00K | 1.74M | 1.90M | 0.00 | 1.20M |
| Interest Income | 107.69M | 67.76M | 52.35M | 42.39M | 35.10M | 24.89M | 17.21M | 14.41M | 12.41M | 10.61M | 7.50M | 7.18M | 9.57M | 12.53M | 14.45M | 16.64M | 17.52M | 13.65M | 8.69M | 6.14M | 5.44M | 7.08M | 9.59M | 9.83M | 9.30M | 8.80M |
| Interest Expense | 60.64M | 18.97M | 10.31M | 14.58M | 13.40M | 7.00M | 3.53M | 3.10M | 2.61M | 1.89M | 2.11M | 2.63M | 3.48M | 4.18M | 5.95M | 7.94M | 9.80M | 6.89M | 3.72M | 2.15M | 3.52M | 3.47M | 5.31M | 5.80M | 4.70M | 5.00M |
| Depreciation & Amortization | -457.00K | 496.00K | 435.00K | 381.00K | 316.00K | 248.00K | 208.00K | 211.00K | 211.00K | 232.00K | 254.00K | 910.00K | 1.24M | 1.02M | 489.00K | 628.00K | 498.00K | 404.00K | 457.00K | 539.00K | 171.00K | 88.00K | 65.00K | 141.00K | 200.00K | 200.00K |
| EBITDA | 0.00 | 0.00 | 0.00 | 36.66M | 12.36M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -276.00K | 0.00 | 0.00 | 0.00 | 44.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Ratio | 0.00% | 81.98% | 43.60% | 41.90% | 37.23% | 61.17% | 49.92% | 45.98% | 37.74% | 27.53% | 30.23% | -4.05% | -9.66% | -14.39% | -19.46% | 98.93% | 120.78% | 95.04% | 8.79% | 3.40% | 11.60% | 105.87% | 140.43% | 147.23% | 104.08% | 134.15% |
| Operating Income | 0.00 | 41.57M | 22.82M | 36.28M | 12.04M | 12.33M | 6.90M | 5.47M | 3.92M | 2.56M | 1.58M | -1.13M | -1.95M | -2.49M | -2.41M | 8.92M | 9.72M | 6.81M | 56.00K | -385.00K | 159.00K | 4.46M | 6.22M | 6.23M | 4.90M | 5.30M |
| Operating Income Ratio | 0.00% | 81.02% | 42.79% | 41.47% | 36.28% | 60.16% | 48.46% | 44.27% | 35.81% | 25.24% | 26.05% | -20.59% | -26.67% | -24.34% | -24.41% | 92.42% | 114.89% | 89.72% | 0.96% | -8.50% | 5.59% | 103.82% | 138.98% | 143.97% | 100.00% | 129.27% |
| Total Other Income/Expenses | 20.99M | -4.51M | -8.24M | -3.51M | -1.82M | 0.00 | -1.17M | -1.05M | 319.00K | 0.00 | -72.00K | -1.26M | -3.48M | -4.18M | -5.90M | 0.00 | -80.00K | -81.00K | -3.67M | -2.15M | -3.52M | -3.47M | -5.31M | -5.80M | -4.90M | -5.00M |
| Income Before Tax | 20.99M | 22.59M | 22.82M | 36.28M | 12.04M | 5.33M | 3.46M | 2.44M | 1.28M | 479.00K | -918.00K | -3.77M | -5.43M | -6.67M | -8.31M | 984.00K | -80.00K | -81.00K | -3.67M | -2.53M | -3.36M | 987.00K | 910.00K | 426.00K | 0.00 | 300.00K |
| Income Before Tax Ratio | 41.11% | 44.03% | 42.79% | 41.47% | 36.28% | 26.01% | 24.29% | 19.73% | 11.74% | 4.73% | -15.11% | -68.44% | -74.30% | -65.23% | -84.18% | 10.20% | -0.95% | -1.07% | -62.86% | -55.91% | -118.21% | 22.99% | 20.34% | 9.85% | 0.00% | 7.32% |
| Income Tax Expense | 4.05M | 4.43M | 4.37M | 6.68M | 2.44M | 1.06M | 2.12M | 810.00K | -3.19M | 0.00 | 0.00 | 0.00 | 0.00 | 198.00K | 1.58M | 261.00K | -63.00K | -44.00K | -377.00K | -872.00K | -988.00K | 313.00K | 312.00K | 150.00K | 0.00 | 100.00K |
| Net Income | 16.94M | 18.16M | 18.45M | 29.61M | 9.60M | 4.27M | 1.35M | 1.63M | 4.48M | 479.00K | -918.00K | -3.77M | -5.43M | -6.87M | -9.89M | 723.00K | -17.00K | -37.00K | -3.29M | -1.66M | -2.37M | 674.00K | 598.00K | 276.00K | 0.00 | 200.00K |
| Net Income Ratio | 33.18% | 35.40% | 34.60% | 33.84% | 28.93% | 20.86% | 9.45% | 13.18% | 40.93% | 4.73% | -15.11% | -68.44% | -74.30% | -67.17% | -100.15% | 7.49% | -0.20% | -0.49% | -56.39% | -36.67% | -83.47% | 15.70% | 13.37% | 6.38% | 0.00% | 4.88% |
| EPS | 2.64 | 2.84 | 2.84 | 4.53 | 2.05 | 1.00 | 0.22 | 0.28 | 1.27 | 0.02 | -0.33 | -3.28 | -36.36 | -46.14 | -66.52 | 4.40 | -0.10 | -0.28 | -40.97 | -22.55 | -36.02 | 12.10 | 10.45 | 4.68 | -0.55 | 2.84 |
| EPS Diluted | 2.63 | 2.78 | 2.77 | 4.47 | 2.03 | 0.98 | 0.22 | 0.28 | 1.10 | 0.02 | -0.32 | -3.28 | -36.36 | -46.14 | -66.52 | 4.40 | -0.10 | -0.28 | -40.97 | -22.55 | -35.20 | 11.83 | 10.45 | 4.68 | -0.55 | 2.84 |
| Weighted Avg Shares Out | 6.42M | 6.40M | 6.51M | 6.03M | 4.58M | 4.26M | 3.26M | 2.91M | 2.88M | 2.88M | 2.78M | 1.15M | 149.20K | 148.90K | 148.69K | 152.75K | 163.12K | 134.55K | 80.29K | 73.70K | 65.90K | 55.70K | 57.23K | 59.04K | 66.12K | 70.47K |
| Weighted Avg Shares Out (Dil) | 6.45M | 6.54M | 6.65M | 6.11M | 4.63M | 4.34M | 3.51M | 2.92M | 4.13M | 2.88M | 2.88M | 1.15M | 149.20K | 148.90K | 148.69K | 152.80K | 163.12K | 134.55K | 80.29K | 73.70K | 67.44K | 57.00K | 57.23K | 59.04K | 66.12K | 70.47K |
Are Investors Undervaluing CF Bankshares (CFBK) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong...
Best Value Stocks to Buy for December 27th
PARR, CFBK and VIRC made it to the Zacks Rank #1 (Strong Buy) value stocks list on December 27, 2022.
As Rate Hike Fears Deepen, Here're 5 Bank Stocks to Buy for 2023
With monetary tightening fears intensifying, it's prudent to invest in bank stocks like CF Bankshares (CFBK), BCB Bancorp NJ (BCBP), S&T Bancorp (STBA), to name a few, for stable returns in 2023.
Should Value Investors Buy CF Bankshares (CFBK) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong...
Are Investors Undervaluing CF Bankshares (CFBK) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong...
CF Bankshares Inc. (CFBK) Surpasses Q3 Earnings and Revenue Estimates
CF Bankshares Inc. (CFBK) delivered earnings and revenue surprises of 11.11% and 9.54%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Should Value Investors Buy CF Bankshares (CFBK) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong...
Are Investors Undervaluing CF Bankshares (CFBK) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong...
CF Bankshares Inc. (CFBK) Soars 5%: Is Further Upside Left in the Stock?
CF Bankshares Inc. (CFBK) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
New Strong Sell Stocks for June 17th
CFBK, ALX, and AXAHY have been added to the Zacks Rank #5 (Strong Sell) List on June 17, 2022.
Source: https://incomestatements.info
Category: Stock Reports