OTCPK:CPKF

Stock Analysis Report

Chesapeake Financial Shares

Executive Summary

Chesapeake Financial Shares, Inc. operates as the bank holding company for Chesapeake Bank that provides various banking products and services for corporate and individual clients in Virginia.

Snowflake

Fundamentals

Excellent balance sheet, good value and pays a dividend.


Similar Companies

Share Price & News

How has Chesapeake Financial Shares's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

1.2%

CPKF

2.7%

US Banks

0.4%

US Market


1 Year Return

-10.3%

CPKF

2.7%

US Banks

6.9%

US Market

Return vs Industry: CPKF underperformed the US Banks industry which returned 2.7% over the past year.

Return vs Market: CPKF underperformed the US Market which returned 6.9% over the past year.


Shareholder returns

CPKFIndustryMarket
7 Day1.2%2.7%0.4%
30 Day4.0%0.7%-1.1%
90 Day5.2%3.0%-0.5%
1 Year-8.4%-10.3%5.7%2.7%9.3%6.9%
3 Year47.2%38.6%52.1%41.6%45.8%36.4%
5 Year103.9%81.8%69.2%50.7%62.9%45.1%

Price Volatility Vs. Market

How volatile is Chesapeake Financial Shares's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Chesapeake Financial Shares undervalued compared to its fair value and its price relative to the market?

18.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: CPKF ($23.1) is trading below our estimate of fair value ($28.27)

Significantly Undervalued: CPKF is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: CPKF is good value based on its PE Ratio (10.1x) compared to the Banks industry average (12.6x).

PE vs Market: CPKF is good value based on its PE Ratio (10.1x) compared to the US market (17.6x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CPKF is good value based on its PB Ratio (1.1x) compared to the US Banks industry average (1.2x).


Next Steps

Future Growth

How is Chesapeake Financial Shares forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-0.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CPKF's earnings are forecast to decline over the next 3 years (-0.5% per year).

Earnings vs Market: CPKF's earnings are forecast to decline over the next 3 years (-0.5% per year).

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

Revenue vs Market: CPKF's revenue (3.7% per year) is forecast to grow slower than the US market (7.2% per year).

High Growth Revenue: CPKF's revenue (3.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

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


Next Steps

Past Performance

How has Chesapeake Financial Shares performed over the past 5 years?

11.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: CPKF's earnings have grown by 11.6% per year over the past 5 years.

Accelerating Growth: CPKF's earnings growth over the past year (11.4%) is below its 5-year average (11.6% per year).

Earnings vs Industry: CPKF earnings growth over the past year (11.4%) underperformed the Banks industry 29.6%.


Return on Equity

High ROE: CPKF's Return on Equity (11.1%) is considered low.


Return on Assets

ROA vs Industry: CPKF has a higher Return on Assets than the Banks industry average last year.


Return on Capital Employed

ROCE Improving: Insufficient data to calculate CPKF's Return on Capital Employed to determine if it has improved over the past 3 years.


Next Steps

Financial Health

How is Chesapeake Financial Shares'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

Inventory Level: CPKF has a low level of unsold assets or inventory.

Debt Coverage by Assets: CPKF's debt is covered by short term assets (assets are 17.296420x debt).


Financial Institutions Analysis

Asset Level: CPKF's level of assets compared to its equity is low.

Allowance for Bad Loans: CPKF has a low allowance for bad loans.

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

Loan Level: CPKF has an acceptable proportion of non-loan assets held.

Low Risk Deposits: CPKF's loans are broadly funded by customer deposits.

Level of Bad Loans: CPKF has an appropriate level of bad loans (1.68%)


Next Steps

Dividend

What is Chesapeake Financial Shares's current dividend yield, its reliability and sustainability?

2.09%

Current Dividend Yield


Dividend Yield vs Market

company2.1%marketbottom25%1.4%markettop25%3.7%industryaverage3.0%forecastin3Years2.1%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: CPKF's dividend (2.09%) is higher than the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: CPKF's dividend (2.09%) is low compared to the top 25% of dividend payers in the US market (3.73%).

Stable Dividend: CPKF's dividends per share have been stable in the past 10 years.

Growing Dividend: CPKF's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (20.7%), CPKF's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

What is the CEO of Chesapeake Financial Shares's salary, the management and board of directors tenure and is there insider trading?

16.3yrs

Average board tenure


CEO

Jeff Szyperski (58yo)

29.3yrs

Tenure

US$224,823

Compensation

Mr. Jeffrey M. Szyperski, also known as Jeff, is Chairman and President of Chesapeake Financial Shares and Chesapeake Bank. Mr. Szyperski is Chief Executive Officer of Chesapeake Financial Shares, Inc. sin ...


Board Age and Tenure

16.3yrs

Average Tenure

70yo

Average Age

Experienced Board: CPKF's board of directors are seasoned and experienced ( 16.3 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Jeff Szyperski (58yo)

    Chairman

    • Tenure: 29.3yrs
    • Compensation: US$224.82k
  • Becky Foster (46yo)

    SVP, Corporate Secretary & CFO

    • Tenure: 5.3yrs

Board Members

  • Douglas Monroe (86yo)

    Vice Chairman of the Board

    • Tenure: 0yrs
    • Compensation: US$394.06k
  • Eugene Hudnall (79yo)

    Director

    • Tenure: 36.8yrs
  • Bruce Robertson (73yo)

    Director

    • Tenure: 20.8yrs
  • William Shumadine (74yo)

    Director

    • Tenure: 22.8yrs
  • Jeff Szyperski (58yo)

    Chairman

    • Tenure: 29.3yrs
    • Compensation: US$224.82k
  • John Hunt (72yo)

    Director

    • Tenure: 4.8yrs
    • Compensation: US$134.61k
  • Thomas Tingle (61yo)

    Director

    • Tenure: 12.5yrs
  • Robert Singley (68yo)

    Director

    • Tenure: 15.8yrs
  • Thomas Kellum (48yo)

    Director

    • Tenure: 13.8yrs
  • David Bush (61yo)

    Director of Chesapeake Bank

    • Tenure: 16.8yrs

Company Information

Chesapeake Financial Shares, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Chesapeake Financial Shares, Inc.
  • Ticker: CPKF
  • Exchange: OTCPK
  • Founded: 1900
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$113.109m
  • Shares outstanding: 4.90m
  • Website: https://www.chesapeakefinancialshares.com

Number of Employees


Location

  • Chesapeake Financial Shares, Inc.
  • 97 North Main Street
  • PO Box 1419
  • Kilmarnock
  • Virginia
  • 22482
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CPKFOTCPK (Pink Sheets LLC)YesCommon Stock VotingUSUSDSep 1995

Biography

Chesapeake Financial Shares, Inc. operates as the bank holding company for Chesapeake Bank that provides various banking products and services for corporate and individual clients in Virginia. It operates  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/19 23:47
End of Day Share Price2019/10/17 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.