NasdaqCM:CFBK

Stock Analysis Report

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Market Cap

US$129.9m

Last Updated

2021/08/05 22:55 UTC

Data Sources

Company Financials +

Executive Summary

CF Bankshares Inc. operates as the bank holding company for CFBank, National Association that provides various banking products and services in the United States. More Details


Snowflake Analysis

Flawless balance sheet and good value.


Similar Companies

Share Price & News

How has CF Bankshares's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CFBK is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: CFBK's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

4.4%

CFBK

-1.2%

US Mortgage

0.02%

US Market


1 Year Return

77.7%

CFBK

45.4%

US Mortgage

33.2%

US Market

Return vs Industry: CFBK exceeded the US Mortgage industry which returned 45.4% over the past year.

Return vs Market: CFBK exceeded the US Market which returned 33.2% over the past year.


Shareholder returns

CFBKIndustryMarket
7 Day4.4%-1.2%0.02%
30 Day4.4%-3.6%-0.1%
90 Day-2.4%-5.9%4.1%
1 Year79.0%77.7%49.7%45.4%35.3%33.2%
3 Year43.2%42.2%23.9%14.6%61.4%51.3%
5 Year173.3%171.3%64.1%40.4%122.2%97.7%

Long-Term Price Volatility Vs. Market

How volatile is CF Bankshares's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is CF Bankshares undervalued compared to its fair value and its price relative to the market?

31.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CFBK ($19.55) is trading below our estimate of fair value ($28.35)

Significantly Below Fair Value: CFBK is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CFBK is good value based on its PE Ratio (3.9x) compared to the US Mortgage industry average (11.6x).

PE vs Market: CFBK is good value based on its PE Ratio (3.9x) compared to the US market (17.8x).


Price to Earnings Growth Ratio

PEG Ratio: CFBK's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: CFBK's PB Ratio (1.1x) is in line with the US Mortgage industry average.


Future Growth

How is CF Bankshares forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-56.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CFBK's earnings are forecast to decline over the next 3 years (-56.3% per year).

Earnings vs Market: CFBK's earnings are forecast to decline over the next 3 years (-56.3% per year).

High Growth Earnings: CFBK's earnings are forecast to decline over the next 3 years.

Revenue vs Market: CFBK's revenue is expected to decline over the next 3 years (-30.2% per year).

High Growth Revenue: CFBK's revenue is forecast to decline over the next 3 years (-30.2% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if CFBK's Return on Equity is forecast to be high in 3 years time


Past Performance

How has CF Bankshares performed over the past 5 years?

60.5%

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 (38.2%) are higher than last year (25.7%).


Past Earnings Growth Analysis

Earnings Trend: CFBK's earnings have grown significantly by 60.5% per year over the past 5 years.

Accelerating Growth: CFBK's earnings growth over the past year (244.9%) exceeds its 5-year average (60.5% per year).

Earnings vs Industry: CFBK earnings growth over the past year (244.9%) exceeded the Mortgage industry 40.2%.


Return on Equity

High ROE: Whilst CFBK's Return on Equity (29.17%) is high, this metric is skewed due to their high level of debt.


Financial Health

How is CF Bankshares's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: CFBK's Assets to Equity ratio (13.8x) is moderate.

Allowance for Bad Loans: CFBK has a sufficient allowance for bad loans (2666%).

Low Risk Liabilities: 89% of CFBK's liabilities are made up of primarily low risk sources of funding.

Loan Level: CFBK has an appropriate level of Loans to Assets ratio (60%).

Low Risk Deposits: CFBK's Loans to Deposits ratio (73%) is appropriate.

Level of Bad Loans: CFBK has an appropriate level of bad loans (0.1%).


Dividend

What is CF Bankshares's current dividend yield, its reliability and sustainability?

0.61%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CFBK's dividend (0.61%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.32%).

High Dividend: CFBK's dividend (0.61%) is low compared to the top 25% of dividend payers in the US market (3.57%).


Stability and Growth of Payments

Stable Dividend: CFBK is not paying a notable dividend for the US market, therefore no need to check if payments are stable.

Growing Dividend: CFBK is not paying a notable dividend for the US market, therefore no need to check if payments are 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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.7yrs

Average management tenure


CEO

Tim O’Dell (68 yo)

9yrs

Tenure

US$959,897

Compensation

Mr. Timothy T. O’Dell, also known as Tim, has been the Chief Executive Officer of CF Bankshares Inc and CFBank, National Association since August 23, 2012 and President since October 9, 2015 respectively. ...


CEO Compensation Analysis

Compensation vs Market: Tim's total compensation ($USD959.90K) is above average for companies of similar size in the US market ($USD555.00K).

Compensation vs Earnings: Tim's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: CFBK's management team is considered experienced (3.7 years average tenure).


Board Members

Experienced Board: CFBK's board of directors are considered experienced (9 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 25%.


Top Shareholders

Company Information

CF Bankshares Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: CF Bankshares Inc.
  • Ticker: CFBK
  • Exchange: NasdaqCM
  • Founded: 1892
  • Industry: Thrifts and Mortgage Finance
  • Sector: Banks
  • Market Cap: US$129.923m
  • Shares outstanding: 6.65m
  • Website: https://www.CFBankonline.com

Number of Employees


Location

  • CF Bankshares Inc.
  • 7000 North High Street
  • Worthington
  • Ohio
  • 43085
  • United States

Listings


Biography

CF Bankshares Inc. 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 bu...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/08/05 22:55
End of Day Share Price2021/08/05 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.