Chesapeake Financial Shares (OTCMKTS:CPKF) Posts Earnings Results, Beats Expectations By $0.31 EPS

by · The Cerbat Gem

Chesapeake Financial Shares (OTCMKTS:CPKF – Get Free Report) issued its earnings results on Tuesday. The bank reported $1.17 earnings per share for the quarter, beating the consensus estimate of $0.86 by $0.31, Zacks reports. The firm had revenue of $26.88 million for the quarter, compared to analysts’ expectations of $21.50 million. Chesapeake Financial Shares had a net margin of 17.24% and a return on equity of 15.51%.

Chesapeake Financial Shares Stock Performance

OTCMKTS CPKF opened at $38.00 on Wednesday. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.37. Chesapeake Financial Shares has a 52 week low of $20.85 and a 52 week high of $38.00. The stock has a market capitalization of $178.22 million, a PE ratio of 9.00 and a beta of 0.24. The firm has a 50 day moving average of $35.60 and a two-hundred day moving average of $33.06.

Chesapeake Financial Shares Company Profile

(Get Free Report)

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.

Recommended Stories