See more : MACOM Technology Solutions Holdings, Inc. (MTSI) 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.
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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 |
CF Bankshares Inc. Announces 2nd Quarter And First Half 2021 Earnings.
COLUMBUS, Ohio, Aug. 4, 2021 /PRNewswire/ -- CF Bankshares Inc. (NASDAQ: CFBK) (the "Company"), the parent of CFBank, today announced financial results for the second quarter and year to date (YTD) ended June 30, 2021. Second Quarter and First Half 2021...
Analysts Estimate CF Bankshares Inc. (CFBK) to Report a Decline in Earnings: What to Look Out for
CF Bankshares Inc. (CFBK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
CF Bankshares Inc., Parent Of CFBank, NA, Announces Quarterly Cash Dividend.
COLUMBUS, Ohio, July 12, 2021 /PRNewswire/ -- CF Bankshares Inc. (NASDAQ: CFBK) (the "Company"), the parent of CFBank, NA, today announced that the Board of Directors of the Company declared a quarterly cash dividend on its common stock of $0.03 per...
CFBank Announces Wind Down Of Direct To Consumer (DTC) Mortgage Lending.
COLUMBUS, Ohio, July 1, 2021 /PRNewswire/ -- CFBank, the wholly-owned banking subsidiary of CF Bankshares Inc. (NASDAQ: CFBK) (the "Company"), today announced its decision to transition its Mortgage Lending Business by winding down its direct-to-consumer (DTC) mortgage lending and increasing focus...
CF Bankshares Inc. (CFBK) Surpasses Q1 Earnings Estimates
CF Bankshares Inc. (CFBK) delivered earnings and revenue surprises of 2.13% and -8.94%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
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CF Bankshares (CFBK) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
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CFBank Taps Orion First to Provide Servicing for Equipment Financing
SEATTLE, March 10, 2021 /PRNewswire/ -- Orion First Financial, LLC announced today that CF Bankshares Inc. (NASDAQ: CFBK) and its wholly-owned banking subsidiary, CFBank, N.A. ("CFBank"), has selected Orion First, a full-service commercial loan and lease portfolio servicer, as its exclusive provider...
Central Federal Corporation (CFBK) Q4 Earnings Beat Estimates
Central Federal Corporation (CFBK) delivered earnings and revenue surprises of 11.00% and -8.95%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
Source: https://incomestatements.info
Category: Stock Reports