Central Federal (CFBK) Announces Earnings Results

Central Federal (NASDAQ:CFBK) released its earnings results on Wednesday. The savings and loans company reported $0.39 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. Central Federal had a net margin of 15.48% and a return on equity of 9.90%. The firm had revenue of $6.79 million during the quarter.

Central Federal stock traded down $0.01 during trading on Friday, reaching $12.49. The company had a trading volume of 16,616 shares, compared to its average volume of 3,820. Central Federal has a 12-month low of $10.62 and a 12-month high of $16.95. The company has a market cap of $54.80 million, a price-to-earnings ratio of 12.31 and a beta of 0.64. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.07 and a current ratio of 1.10.

In related news, Director David L. Royer bought 5,000 shares of the stock in a transaction that occurred on Friday, March 8th. The stock was purchased at an average cost of $13.42 per share, for a total transaction of $67,100.00. Following the completion of the acquisition, the director now owns 6,650 shares in the company, valued at $89,243. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 18.20% of the stock is currently owned by insiders.

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About Central Federal

Central Federal Corporation operates as the bank holding company for CFBank that provides various financial services in the United States. The company accepts savings, retail and business checking, and money market accounts, as well as certificates of deposit. It also offers single-family mortgage loans; commercial real estate and multi-family residential mortgage loans; commercial loans; construction and land loans; and consumer loans, such as home equity lines of credit, automobile loans, home improvement loans, and loans secured by deposits, as well as other loans.

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Earnings History for Central Federal (NASDAQ:CFBK)

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