Chesapeake Financial Shares (OTCMKTS:CPKF) Posts Earnings Results

Chesapeake Financial Shares (OTCMKTS:CPKF) released its earnings results on Tuesday. The bank reported $1.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.17, Zacks reports. Chesapeake Financial Shares had a net margin of 17.24% and a return on equity of 15.88%. The firm had revenue of $21.49 million during the quarter, compared to analyst estimates of $21.30 million.

Chesapeake Financial Shares Price Performance

CPKF stock opened at $34.50 on Thursday. The business has a 50 day moving average of $32.59 and a 200 day moving average of $28.47. The firm has a market cap of $162.50 million, a PE ratio of 8.18 and a beta of 0.23. Chesapeake Financial Shares has a twelve month low of $19.00 and a twelve month high of $34.50. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 0.38.

Chesapeake Financial Shares Company Profile

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.