Chesapeake Financial Shares (OTCMKTS:CPKF) Posts Quarterly Earnings Results, Beats Expectations By $0.10 EPS

Chesapeake Financial Shares (OTCMKTS:CPKF) announced its quarterly earnings data on Tuesday. The bank reported $0.64 EPS for the quarter, beating analysts’ consensus estimates of $0.54 by $0.10, Zacks reports. Chesapeake Financial Shares had a return on equity of 8.86% and a net margin of 9.73%.

Chesapeake Financial Shares Trading Up 1.4 %

CPKF traded up $0.26 during trading on Tuesday, hitting $18.70. 188 shares of the company’s stock were exchanged, compared to its average volume of 1,289. Chesapeake Financial Shares has a 1 year low of $16.45 and a 1 year high of $20.00. The stock has a 50 day moving average price of $18.81 and a 200 day moving average price of $18.60. The firm has a market cap of $88.45 million, a P/E ratio of 9.49 and a beta of 0.50. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.22.

About Chesapeake Financial Shares

Chesapeake Financial Shares, Inc operates as the bank holding company for Chesapeake Bank that provides various banking products and services for individuals and businesses in the United States. The company accepts interest and noninterest checking, savings, and money market accounts; and variable-rate and fixed-term money market accounts, as well as certificates of deposit.