Central Federal Corporation operates as the bank holding company for CFBank, National Association that provides various banking products and services in the United States.
Flawless balance sheet with proven track record.
Share Price & News
How has Central Federal's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CFBK has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CFBK exceeded the US Mortgage industry which returned -25.4% over the past year.
Return vs Market: CFBK underperformed the US Market which returned -10.4% over the past year.
Price Volatility Vs. Market
How volatile is Central Federal's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StHere's What Central Federal Corporation's (NASDAQ:CFBK) P/E Ratio Is Telling Us
1 month ago | Simply Wall StDoes Central Federal Corporation's (NASDAQ:CFBK) P/E Ratio Signal A Buying Opportunity?
1 month ago | Simply Wall StI Ran A Stock Scan For Earnings Growth And Central Federal (NASDAQ:CFBK) Passed With Ease
Is Central Federal undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CFBK ($9.92) is trading above our estimate of fair value ($7.17)
Significantly Below Fair Value: CFBK is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CFBK is good value based on its PE Ratio (4.8x) compared to the Mortgage industry average (10.6x).
PE vs Market: CFBK is good value based on its PE Ratio (4.8x) compared to the US market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CFBK's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CFBK is good value based on its PB Ratio (0.7x) compared to the US Mortgage industry average (0.8x).
How is Central Federal forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Banks industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Central Federal has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Central Federal performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CFBK has a high level of non-cash earnings.
Growing Profit Margin: CFBK's current net profit margins (28.1%) are higher than last year (21%).
Past Earnings Growth Analysis
Earnings Trend: CFBK's earnings have grown significantly by 41.8% per year over the past 5 years.
Accelerating Growth: CFBK's earnings growth over the past year (116.6%) exceeds its 5-year average (41.8% per year).
Earnings vs Industry: CFBK earnings growth over the past year (116.6%) exceeded the Mortgage industry 11.1%.
Return on Equity
High ROE: CFBK's Return on Equity (11.9%) is considered low.
How is Central Federal's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: CFBK has a low level of unsold assets or inventory.
Debt Coverage by Assets: CFBK's debt is covered by short term assets (assets are 4.3x debt).
Financial Institutions Analysis
Asset Level: CFBK's level of assets compared to its equity is moderate.
Allowance for Bad Loans: CFBK has a sufficient allowance for bad loans.
Low Risk Liabilities: CFBK's liabilities are made up of primarily low risk sources of funding.
Loan Level: CFBK has an acceptable proportion of non-loan assets held.
Low Risk Deposits: CFBK's loans are broadly funded by customer deposits.
Level of Bad Loans: CFBK has an appropriate level of bad loans (0.36%)
What is Central Federal's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CFBK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate CFBK's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CFBK's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CFBK's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: CFBK is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CFBK's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tim O’Dell (66yo)
Mr. Timothy T. O’Dell, also known as Tim, has been the Chief Executive Officer and President of Central Federal Corporation and CFBank, National Association since August 23, 2012 and October 9, 2015 respec ...
CEO Compensation Analysis
Compensation vs Market: Tim's total compensation ($USD740.96K) is about average for companies of similar size in the US market ($USD602.37K).
Compensation vs Earnings: Tim's compensation has been consistent with company performance over the past year.
|Executive VP||7yrs||US$483.03k||0.57% $305.8k|
|Senior VP & Equipment Finance Manager||2.25yrs||no data||no data|
|Corporate Secretary||no data||no data||no data|
|Market President of Cincinnati Market||2.67yrs||no data||no data|
|VP of Commercial & Consumer Lending for Central Federal Savings & Loan Association for Wellsville||no data||US$206.21k||no data|
|Assistant Secretary of Central Federal Bank||no data||no data||no data|
|Assistant Secretary and Assistant Secretary of Central Federal Bank||no data||no data||no data|
|Vice President of Central Federal Bank||no data||US$100.09k||no data|
|Vice President of Enterprise Risk & Internal Audit of Cfbank||no data||no data||no data|
Experienced Management: CFBK's management team is considered experienced (4.8 years average tenure).
|Chairman of the Board||7.58yrs||US$129.31k||0.78% $416.7k|
|Independent Director||22.17yrs||US$88.31k||0.44% $233.3k|
|Independent Director||7.58yrs||US$74.59k||1.76% $935.6k|
|Director||0.25yr||no data||0.031% $16.4k|
|Independent Director||6.83yrs||US$112.53k||0.52% $279.3k|
|Independent Director||7.25yrs||US$74.59k||5.65% $3.0m|
|Independent Director||1.67yrs||US$37.30k||0.21% $112.6k|
Experienced Board: CFBK's board of directors are considered experienced (7.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CFBK insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.5%.
Central Federal Corporation's company bio, employee growth, exchange listings and data sources
- Name: Central Federal Corporation
- Ticker: CFBK
- Exchange: NasdaqCM
- Founded: 1892
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: US$53.309m
- Shares outstanding: 5.37m
- Website: https://www.CFBankonline.com
Number of Employees
- Central Federal Corporation
- 7000 North High Street
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CFBK||NasdaqCM (Nasdaq Capital Market)||Yes||Common Shares||US||USD||Dec 1998|
Central Federal Corporation operates as the bank holding company for CFBank, National Association that provides various banking products and 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. In addition, the company provides Internet and mobile banking, remote deposit, and corporate treasury management services. As of December 31, 2018, it operated five branch offices located in Franklin, Hamilton, Summit, and Columbiana Counties; and a loan production office located in Franklin County; and an agency office located in Cuyahoga County, Ohio. Central Federal Corporation was founded in 1892 and is based in Worthington, Ohio.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/31 02:08|
|End of Day Share Price||2020/03/30 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.