Chesapeake Financial Shares (CPKF) to Release Quarterly Earnings on Tuesday

Chesapeake Financial Shares (OTCMKTS:CPKF) is projected to release its results before the market opens on Tuesday, January 20th. Analysts expect Chesapeake Financial Shares to post earnings of $0.82 per share for the quarter.

Chesapeake Financial Shares (OTCMKTS:CPKF) last released its quarterly earnings data on Wednesday, October 22nd. The bank reported $1.03 earnings per share for the quarter, topping analysts’ consensus estimates of $0.64 by $0.39. Chesapeake Financial Shares had a net margin of 6.72% and a return on equity of 11.80%. The business had revenue of $21.64 million for the quarter, compared to analysts’ expectations of $19.40 million.

Chesapeake Financial Shares Stock Performance

Shares of CPKF stock opened at $28.25 on Friday. The business has a 50 day simple moving average of $26.70 and a 200 day simple moving average of $23.63. Chesapeake Financial Shares has a 12-month low of $18.10 and a 12-month high of $28.90. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.65 and a quick ratio of 0.64. The firm has a market capitalization of $133.06 million, a price-to-earnings ratio of 20.18 and a beta of 0.24.

Chesapeake Financial Shares Increases Dividend

The business also recently announced a dividend, which was paid on Monday, December 15th. Stockholders of record on Tuesday, December 2nd were issued a dividend of $0.17 per share. This is an increase from Chesapeake Financial Shares’s previous dividend of $0.16. The ex-dividend date of this dividend was Monday, December 1st. This represents a dividend yield of 278.0%. Chesapeake Financial Shares’s payout ratio is currently 48.57%.

About Chesapeake Financial Shares

Chesapeake Financial Shares, Inc is the bank holding company for Chesapeake Bank, a Virginia‐chartered community bank. The company operates as a locally focused financial institution, offering a comprehensive suite of banking services to individuals, businesses and nonprofit organizations. Through its subsidiary, Chesapeake Bank, it aims to deliver customer‐centric solutions while supporting economic growth in its communities.

Chesapeake Financial Shares’ primary business activities include retail and commercial banking.