Chesapeake Financial Shares (OTCMKTS:CPKF) Announces Quarterly Earnings Results, Beats Estimates By $0.31 EPS

Chesapeake Financial Shares (OTCMKTS:CPKF) posted its quarterly earnings data on Tuesday. The bank reported $1.17 earnings per share for the quarter, topping the consensus estimate of $0.86 by $0.31, Zacks reports. Chesapeake Financial Shares had a net margin of 17.24% and a return on equity of 15.51%.

Chesapeake Financial Shares Price Performance

Shares of OTCMKTS CPKF remained flat at $38.00 during midday trading on Tuesday. The stock had a trading volume of 1,605 shares, compared to its average volume of 499. The stock has a fifty day simple moving average of $35.54 and a 200-day simple moving average of $32.99. The stock has a market cap of $178.22 million, a price-to-earnings ratio of 9.00 and a beta of 0.24. Chesapeake Financial Shares has a one year low of $20.85 and a one year high of $38.00. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.68 and a current ratio of 0.68.

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.