NASDAQ : CFBK
CF Bankshares Inc. — Financial statements
Financials · Banks - Regional · United States
Last price 34.62 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 231.60M
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 107.62M | 109.28M | 106.75M | 97.38M | 63.72M | 51.26M |
| Interest Income on Investments | 10.71M | 10.71M | 11.64M | 10.90M | 4.05M | 1.09M |
| Total Interest Income | 118.33M | 120.00M | 118.39M | 108.28M | 67.76M | 52.35M |
| Interest Paid on Deposits | 55.95M | 60.02M | 67.16M | 56.36M | 15.95M | 8.01M |
| Interest Paid on Borrowings | 4.95M | 4.95M | 4.59M | 4.28M | 3.02M | 2.29M |
| Total Interest Expense | 60.90M | 64.97M | 71.75M | 60.64M | 18.97M | 10.31M |
| Net Interest Income | 57.44M | 55.02M | 46.64M | 47.64M | 48.79M | 42.04M |
| Gain (Loss) on Sale of Assets | 1.89M | |||||
| Gain (Loss) on Sale of Investments | -103.00K | |||||
| Other Non-Interest Income | 2.18M | 2.46M | 1.99M | 2.28M | 1.07M | 1.54M |
| Total Non-Interest Income | 6.37M | 5.93M | 5.17M | 4.03M | 3.21M | 11.64M |
| Revenues Before Loan Losses | 63.81M | 60.95M | 51.82M | 51.67M | 52.00M | 53.68M |
| Provision for Loan Losses | 3.27M | 8.25M | 6.74M | 2.32M | 787.00K | -1.60M |
| Revenue | 60.54M | 52.70M | 45.08M | 49.35M | 51.21M | 55.28M |
| Salaries and Employee Benefits | 15.59M | 14.33M | 13.02M | 13.34M | 14.23M | 16.24M |
| Occupancy Expenses | 724.00K | 790.00K | 738.00K | 893.00K | 880.00K | 802.00K |
| Federal Deposit Insurance | 1.70M | 2.06M | 2.08M | 2.21M | 1.13M | 1.24M |
| Selling, General & Administrative | 11.18M | 10.32M | 9.09M | 8.58M | 8.83M | 11.99M |
| Other Non-Interest Expense | 3.82M | 3.67M | 3.96M | 3.28M | 2.99M | 2.18M |
| Total Non-Interest Expense | 33.03M | 31.18M | 28.88M | 28.31M | 28.05M | 32.44M |
| EBT Excluding Unusual Items | 27.51M | 21.53M | 16.20M | 21.05M | 23.16M | 22.84M |
| Asset Writedown | -128.00K | -56.00K | -60.00K | -570.00K | -17.00K | |
| Pretax Income | 27.38M | 21.53M | 16.14M | 20.98M | 22.59M | 22.82M |
| Income Tax Expense | 4.68M | 3.99M | 2.76M | 4.05M | 4.43M | 4.37M |
| Net Income | 22.70M | 17.54M | 13.39M | 16.94M | 18.16M | 18.45M |
| Preferred Dividends & Other Adjustments | 624.00K | 540.00K | 361.00K | |||
| Net Income to Common | 22.08M | 17.00M | 13.03M | 16.94M | 18.16M | 18.45M |
| Basic Shares Outstanding | 6.32M | 6.29M | 6.27M | 6.42M | 6.40M | 6.51M |
| Diluted Shares Outstanding | 6.37M | 6.33M | 6.31M | 6.45M | 6.54M | 6.65M |
| EPS (Basic) | 3.49 | 2.70 | 2.08 | 2.64 | 2.84 | 2.84 |
| EPS (Diluted) | 3.47 | 2.69 | 2.06 | 2.63 | 2.78 | 2.77 |
| Dividend Per Share | 0.35 | 0.30 | 0.25 | 0.23 | 0.18 | 0.13 |
| Effective Tax Rate | 17.08% | 18.52% | 17.08% | 19.29% | 19.60% | 19.13% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 248.60M | 256.85M | 235.27M | 261.60M | 151.79M | 166.59M |
| Investment Securities | 16.63M | 35.91M | 35.88M | 30.79M | 17.62M | 23.51M |
| Trading Asset Securities | 3.58M | 3.73M | 4.71M | 4.23M | 1.09M | |
| Mortgage-Backed Securities | 8.10M | 4.00K | 17.00K | 36.00K | ||
| Total Investments | 16.63M | 47.58M | 39.60M | 35.51M | 21.87M | 24.64M |
| Gross Loans | 1.86B | 1.76B | 1.74B | 1.71B | 1.59B | 1.23B |
| Allowance for Loan Losses | -19.05M | -17.68M | -17.47M | -16.86M | -16.06M | -15.51M |
| Other Adjustments to Gross Loans | -71.00K | -336.00K | -863.00K | -1.80M | -2.38M | |
| Net Loans | 1.84B | 1.74B | 1.72B | 1.70B | 1.57B | 1.21B |
| Property, Plant & Equipment | 8.79M | 9.23M | 9.62M | 9.03M | 5.13M | 7.79M |
| Loans Held for Sale | 2.43M | 5.61M | 2.62M | 1.85M | 580.00K | 27.99M |
| Accrued Interest Receivable | 60.27M | 8.65M | 8.39M | 9.21M | 8.07M | 4.14M |
| Restricted Cash | 2.12M | |||||
| Other Current Assets | 1.93M | |||||
| Long-Term Deferred Tax Assets | 4.25M | 4.18M | 3.94M | |||
| Other Long-Term Assets | 28.80M | 34.97M | 33.56M | 32.96M | 50.61M | 42.97M |
| Total Assets | 2.21B | 2.12B | 2.07B | 2.06B | 1.82B | 1.50B |
| Accrued Expenses | 109.00K | 115.00K | 126.00K | 139.00K | 141.00K | |
| Interest Bearing Deposits | 1.58B | 868.12M | 855.37M | 919.29M | 780.96M | 452.48M |
| Institutional Deposits | 627.05M | 626.76M | 588.85M | 483.72M | 508.94M | |
| Non-Interest Bearing Deposits | 272.70M | 285.52M | 273.67M | 235.92M | 263.24M | 284.94M |
| Total Deposits | 1.86B | 1.78B | 1.76B | 1.74B | 1.53B | 1.25B |
| Short-Term Borrowings | 3.58M | 3.73M | 4.71M | 4.23M | 611.00K | |
| Current Portion of Long-Term Debt | 17.75M | 18.50M | 3.50M | 10.00M | ||
| Current Portion of Leases | 919.00K | |||||
| Accrued Interest Payable | 33.94M | 2.51M | 2.26M | 2.68M | 840.00K | 228.00K |
| Long-Term Debt | 41.21M | 34.68M | 33.49M | 29.46M | 24.73M | |
| Federal Home Loan Bank Debt, Long-Term | 99.24M | 42.00M | 58.00M | 58.00M | 76.50M | 55.00M |
| Long-Term Leases | 5.77M | 4.96M | 6.23M | 5.30M | 1.44M | 2.03M |
| Trust Preferred Securities | 15.07M | 15.04M | 15.00M | 14.96M | 14.92M | 14.88M |
| Pension & Post-Retirement Benefits | 51.00K | 74.00K | 95.00K | 115.00K | 134.00K | |
| Other Long-Term Liabilities | 1.47M | 24.07M | 21.20M | 21.32M | 21.86M | 16.15M |
| Total Liabilities | 2.01B | 1.93B | 1.90B | 1.90B | 1.68B | 1.37B |
| Common Stock | 199.53M | 69.00K | 68.00K | 70.00K | 69.00K | 68.00K |
| Additional Paid-In Capital | 93.62M | 92.22M | 91.07M | 89.81M | 88.53M | |
| Retained Earnings | 103.88M | 88.29M | 76.52M | 61.09M | 44.08M | |
| Treasury Stock | -11.77M | -10.34M | -9.99M | -9.69M | -7.18M | |
| Comprehensive Income & Other | -1.37M | -1.80M | -2.29M | -2.04M | -170.00K | |
| Total Common Equity | 199.53M | 184.43M | 168.44M | 155.37M | 139.25M | 125.33M |
| Shareholders' Equity | 199.53M | 184.43M | 168.44M | 155.37M | 139.25M | 125.33M |
| Total Liabilities & Equity | 2.21B | 2.12B | 2.07B | 2.06B | 1.82B | 1.50B |
| Total Debt | 120.07M | 125.46M | 117.64M | 134.97M | 130.05M | 107.25M |
| Net Cash (Debt) | 128.62M | 135.07M | 121.46M | 131.44M | 26.07M | 60.53M |
| Net Cash Per Share | 20.18 | 21.33 | 19.25 | 20.39 | 3.99 | 9.10 |
| Filing Date Shares Outstanding | 6.69M | 6.51M | 6.40M | 6.34M | 6.55M | 6.52M |
| Total Common Shares Outstanding | 6.69M | 6.42M | 6.40M | 5.28M | 6.50M | 6.50M |
| Book Value Per Share | 29.83 | 28.73 | 26.31 | 29.40 | 21.43 | 19.28 |
| Tangible Book Value | 199.53M | 184.43M | 168.44M | 155.37M | 139.25M | 125.33M |
| Tangible Book Value Per Share | 29.83 | 28.73 | 26.31 | 29.40 | 21.43 | 19.28 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 17.54M | 13.39M | 16.94M | 18.16M | 18.45M | |
| Depreciation & Amortization | 476.00K | 486.00K | 567.00K | 496.00K | -2.07M | |
| Gain (Loss) on Sale of Assets | 56.00K | 73.00K | 570.00K | |||
| Gain (Loss) on Sale of Investments | 103.00K | |||||
| Total Asset Writedown | 17.00K | |||||
| Provision for Credit Losses | 8.25M | 6.74M | 2.32M | 787.00K | -1.60M | |
| Net Decrease (Increase) in Loans Originated / Sold - Operating | -2.27M | -339.00K | -1.15M | 26.39M | 244.48M | |
| Accrued Interest Receivable | 1.47M | 3.52M | -2.68M | -6.47M | 17.88M | |
| Change in Other Net Operating Assets | 56.00K | 61.00K | 1.00K | -26.00K | -37.00K | |
| Other Operating Activities | -3.18M | -2.59M | -1.19M | -1.09M | -2.04M | |
| Operating Cash Flow | 18.69M | 14.19M | 18.05M | 39.76M | 253.30M | |
| Capital Expenditures | -487.00K | -266.00K | -661.00K | -905.00K | -2.96M | |
| Sale of Property, Plant and Equipment | 1.89M | 371.00K | ||||
| Investment in Securities | -3.32M | 56.00K | 813.00K | 3.52M | -8.78M | |
| Net Decrease (Increase) in Loans Originated / Sold - Investing | -22.80M | -32.93M | -123.02M | -355.89M | -296.55M | |
| Other Investing Activities | 1.56M | 142.00K | -881.00K | -45.00K | -8.81M | |
| Investing Cash Flow | -25.04M | -32.99M | -121.85M | -353.32M | -316.73M | |
| Long-Term Debt Issued | 10.21M | 27.15M | 37.08M | 40.15M | 174.28M | |
| Long-Term Debt Repaid | -1.95M | -44.50M | -36.58M | -20.45M | -298.98M | |
| Net Debt Issued (Repaid) | 8.25M | -17.35M | 500.00K | 19.70M | -124.70M | |
| Issuance of Common Stock | 84.00K | 387.00K | 185.00K | |||
| Repurchase of Common Stock | -1.43M | -352.00K | -299.00K | -2.51M | -3.11M | |
| Common Dividends Paid | -1.95M | -1.61M | -1.48M | -1.15M | -848.00K | |
| Total Dividends Paid | -1.95M | -1.61M | -1.48M | -1.15M | -848.00K | |
| Net Increase (Decrease) in Deposit Accounts | 24.89M | 11.74M | 216.13M | 281.57M | 237.59M | |
| Other Financing Activities | 285.00K | 59.00K | -1.33M | 761.00K | -100.69M | |
| Financing Cash Flow | 30.05M | -7.52M | 213.61M | 298.75M | 8.42M | |
| Net Cash Flow | 23.70M | -26.32M | 109.81M | -14.80M | -55.00M | |
| Free Cash Flow | 18.20M | 13.92M | 17.39M | 38.86M | 250.34M | |
| Free Cash Flow Margin | 34.53% | 30.88% | 35.23% | 75.88% | 452.87% | |
| Free Cash Flow Per Share | 2.88 | 2.21 | 2.70 | 5.95 | 37.64 | |
| Cash Interest Paid | 64.72M | 72.17M | 58.80M | 18.36M | 10.58M | |
| Cash Income Tax Paid | 2.69M | 664.00K | 3.98M | 2.45M | 3.85M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 228.45M | 160.77M | 163.52M | 127.82M | 137.37M | 135.05M |
| Last Close Price | 34.15 | 24.66 | 24.90 | 18.78 | 20.13 | 19.35 |
| PE Ratio | 9.84 | 9.46 | 12.55 | 7.55 | 7.56 | 7.32 |
| PS Ratio | 3.77 | 3.05 | 3.63 | 2.59 | 2.68 | 2.44 |
| PB Ratio | 1.14 | 0.87 | 0.97 | 0.82 | 0.99 | 1.08 |
| P/FCF Ratio | 12.79 | 8.83 | 11.74 | 7.35 | 3.54 | 0.54 |
| P/OCF Ratio | 12.46 | 8.60 | 11.53 | 7.08 | 3.46 | 0.53 |
| Debt / Equity Ratio | 0.60 | 0.68 | 0.70 | 0.87 | 0.93 | 0.86 |
| Debt / FCF Ratio | 6.89 | 8.45 | 7.76 | 3.35 | 0.43 | |
| Net Debt / Equity Ratio | -0.65 | -0.73 | -0.72 | -0.85 | -0.19 | -0.48 |
| Net Debt / FCF Ratio | -7.42 | -8.72 | -7.56 | -0.67 | -0.24 | |
| Return on Equity (ROE) | 11.99% | 9.94% | 8.27% | 11.50% | 13.73% | 15.67% |
| Return on Assets (ROA) | 1.05% | 0.84% | 0.65% | 0.87% | 1.10% | 1.24% |
| Earnings Yield | 10.16% | 10.91% | 8.19% | 13.25% | 13.22% | 13.66% |
| FCF Yield | 7.82% | 11.32% | 8.51% | 13.61% | 28.29% | 185.37% |
| Dividend Yield | 1.05% | 1.20% | 0.98% | 0.95% | 0.85% | 0.63% |
| Payout Ratio | 10.38% | 11.11% | 12.06% | 8.71% | 6.35% | 4.59% |
| Buyback Yield / Dilution | -0.76% | -0.36% | 2.15% | 1.34% | 1.73% | -8.90% |
| Total Shareholder Return | 0.29% | 0.84% | 3.13% | 2.29% | 2.58% | -8.27% |