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Stock impact report

CF BANKSHARES INC., PARENT OF CFBANK NA, REPORTS RESULTS FOR THE 3rd QUARTER 2024 [Yahoo! Finance]

CF Bankshares Inc. (CFBK) 
Company Research Source: Yahoo! Finance
Third Quarter 2024 and YTD Highlights Net income for Q3 2024 was $4.2 million per diluted common share). Pre-provision, pre-tax net revenue (PPNR) for Q3 2024 was $5.8 million Return on Average Equity (ROE) was for the third quarter, while Return on Average Assets (ROA) was Net Interest Margin (NIM) increased 2bps when compared to the previous quarter. This represents the second consecutive quarter where we have achieved NIM expansion. Noninterest bearing deposits grew by $40 million during the quarter. Total core deposits are up $57 million when compared to June 30, 2024 Commercial loans increased million during the quarter and total loans and leases (gross) increased million. Service charge fee income increased when compared to Q3 2023. Year to date, income from service charges is up when compared to the first nine months of 2023. Recent Developments On October 1, 2024 , the Company's Board of Directors declared a cash dividend of per share on its common stock and a Show less Read more
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