CF Bankshares Inc (CFBK)

Over the past six months, CF Bankshares, Inc. experienced several stock events. The company raised its quarterly cash dividend to $0.09 per share, a 13% increase. It extended its stock repurchase program, authorizing the repurchase of up to 325,000 shares through August 15, 2026. The company reported strong financial results for Q4 and the full year ended December 31, 2025, with significant increases in net income and pre-provision, pre-tax net revenue (PPNR). John Wilgus was appointed as Senior Vice President. Sundeep Rana resigned from the board of directors. There were insider stock purchases by EVP & CFO Kevin J. Beerman and Director Ash Thomas P, while CEO Timothy T. O'Dell ended a trading plan without selling shares.

Explicit information regarding the demand seasonality for CF Bankshares, Inc.'s specific banking products and services is not readily available. However, the company's Q1 2025 results mentioned "elevated payroll tax expense, which is typical for the first quarter of the year," suggesting some seasonality in operational expenses.

CF Bankshares, Inc. operates as the bank holding company for CFBank, National Association, focusing on serving the financial needs of closely held businesses and entrepreneurs. It offers a range of commercial, retail, and mortgage lending services, including deposit accounts, various loan types, treasury management, and digital banking solutions.

CFBank operates primarily in Columbus, Cleveland, Cincinnati, Ohio, and Indianapolis, Indiana, with eight full-service banking offices. Its principal market area covers Franklin, Delaware, Cuyahoga, Summit, and Hamilton counties in Ohio, and Marion County in Indiana.

CF Bankshares has received positive recognition for its performance, including a high ranking among community banks by BankDirector.com and recognition for revenue growth in Central Ohio. However, the company has also faced a "Needs to Improve" Community Reinvestment Act (CRA) rating, primarily due to its legacy direct-to-consumer residential mortgage business, which it exited in 2021.

CF Bankshares Inc. has approximately 44.80% of its stock held by institutional shareholders and about 53.80% by insiders. Major institutional owners include Fourthstone LLC, Alliancebernstein L.P., and BlackRock, Inc. Key individual insiders include Thad R. Perry, Timothy T. O'Dell, and Kevin J. Beerman.