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Stock impact report

CF Bankshares Inc. Reports Fourth Quarter and Full Year 2023 Results [Yahoo! Finance]

CF Bankshares Inc. (CFBK) 
Company Research Source: Yahoo! Finance
Assets : Total assets surpassed $2 billion, with net loans and leases totaling $1.7 billion. Deposits : Deposits grew by $59 million in Q4, with non-interest bearing deposits increasing by $22 million. Efficiency Ratio : The Q4 efficiency ratio was 52.75%, reflecting effective overhead and expense management. Net Interest Margin (NIM) : NIM for Q4 stood at 2.44%, a decrease from both the previous quarter and Q4 2022. Loan Growth : Loans grew by $34 million during Q4, with a notable increase in commercial real estate loan balances. Stock Performance : CFBK's stock has outperformed both the KBW Regional Banking ETF and the S&P Regional Banking ETF over various periods. Warning! GuruFocus has detected 4 Warning Sign with CFBK. On February 7, 2024, CF Bankshares Inc ( NASDAQ:CFBK ) released its 8-K filing , detailing the financial outcomes for the fourth quarter and the full year ended December 31, 2023. CF Bankshares Inc, the holding company for CFBank, provides a range of Show less Read more
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