Research Analysts Offer Predictions for Chesapeake Financial Shares, Inc.’s FY2024 Earnings (OTCMKTS:CPKF)

Chesapeake Financial Shares, Inc. (OTCMKTS:CPKF) – Analysts at Zacks Small Cap lowered their FY2024 earnings per share estimates for shares of Chesapeake Financial Shares in a research report issued to clients and investors on Tuesday, April 23rd. Zacks Small Cap analyst A. Heffron now forecasts that the bank will post earnings per share of $2.20 for the year, down from their previous estimate of $2.60. The consensus estimate for Chesapeake Financial Shares’ current full-year earnings is $2.60 per share.

Chesapeake Financial Shares Stock Performance

CPKF opened at $17.20 on Friday. The business’s 50-day moving average price is $17.72 and its two-hundred day moving average price is $17.88. Chesapeake Financial Shares has a 1 year low of $16.25 and a 1 year high of $21.65. The company has a market capitalization of $81.18 million, a price-to-earnings ratio of 8.49 and a beta of 0.46. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.64 and a quick ratio of 0.64.

Chesapeake Financial Shares (OTCMKTS:CPKF) last released its quarterly earnings results on Tuesday, April 23rd. The bank reported $0.58 earnings per share (EPS) for the quarter. Chesapeake Financial Shares had a return on equity of 9.72% and a net margin of 10.68%. The firm had revenue of $15.78 million for the quarter.

Chesapeake Financial Shares Company Profile

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.