Chesapeake Financial Shares
Market Cap
US$89.1m
Last Updated
2020/07/15 00:10 UTC
Data Sources
Company Financials +
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.
Rewards
Risk Analysis
Snowflake Analysis
Flawless 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
Stable Share Price: CPKF has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0.4%
CPKF
2.3%
US Banks
1.5%
US Market
1 Year Return
-16.5%
CPKF
-26.8%
US Banks
6.9%
US Market
Return vs Industry: CPKF exceeded the US Banks industry which returned -26.2% over the past year.
Return vs Market: CPKF underperformed the US Market which returned 5.3% over the past year.
Shareholder returns
| CPKF | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.4% | 2.3% | 1.5% |
| 30 Day | -2.8% | -5.6% | 5.9% |
| 90 Day | 1.8% | 6.8% | 17.9% |
| 1 Year | -14.6%-16.5% | -24.2%-26.8% | 9.2%6.9% |
| 3 Year | -14.3%-19.5% | -15.8%-22.6% | 36.4%27.5% |
| 5 Year | 44.5%29.4% | 5.9%-7.0% | 64.9%47.0% |
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?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CPKF ($18.33) is trading below our estimate of fair value ($37.67)
Significantly Below Fair Value: CPKF is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CPKF is good value based on its PE Ratio (7.7x) compared to the US Banks industry average (9.2x).
PE vs Market: CPKF is good value based on its PE Ratio (7.7x) compared to the US market (16.1x).
Price to Earnings Growth Ratio
PEG Ratio: CPKF is poor value based on its PEG Ratio (2.3x)
Price to Book Ratio
PB vs Industry: CPKF's PB Ratio (0.9x) is in line with the US Banks industry average.
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?
3.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CPKF's forecast earnings growth (3.3% per year) is above the savings rate (2.2%).
Earnings vs Market: CPKF's earnings (3.3% per year) are forecast to grow slower than the US market (22.5% per year).
High Growth Earnings: CPKF's earnings are forecast to grow, but not significantly.
Revenue vs Market: CPKF's revenue (2.8% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: CPKF's revenue (2.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if CPKF's Return on Equity is forecast to be high in 3 years time
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Past Performance
How has Chesapeake Financial Shares performed over the past 5 years?
11.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CPKF has high quality earnings.
Growing Profit Margin: CPKF's current net profit margins (23.1%) are lower than last year (23.8%).
Past Earnings Growth Analysis
Earnings Trend: CPKF's earnings have grown by 11.5% per year over the past 5 years.
Accelerating Growth: CPKF's earnings growth over the past year (8.4%) is below its 5-year average (11.5% per year).
Earnings vs Industry: CPKF earnings growth over the past year (8.4%) exceeded the Banks industry 1.7%.
Return on Equity
High ROE: CPKF's Return on Equity (11.2%) is considered low.
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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
Financial Institutions Analysis
Asset Level: CPKF's Assets to Equity ratio (9.1x) is low.
Allowance for Bad Loans: CPKF has a sufficient allowance for bad loans (125%).
Low Risk Liabilities: 99% of CPKF's liabilities are made up of primarily low risk sources of funding.
Loan Level: CPKF has an appropriate level of Loans to Assets ratio (56%).
Low Risk Deposits: CPKF's Loans to Deposits ratio (64%) is appropriate.
Level of Bad Loans: CPKF has an appropriate level of bad loans (0.8%).
Next Steps
Dividend
What is Chesapeake Financial Shares's current dividend yield, its reliability and sustainability?
2.73%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CPKF's dividend (2.73%) is higher than the bottom 25% of dividend payers in the US market (1.68%).
High Dividend: CPKF's dividend (2.73%) is low compared to the top 25% of dividend payers in the US market (4.59%).
Stability and Growth of Payments
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 (20.6%), 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
How experienced are the management team and are they aligned to shareholders interests?
14.5yrs
Average board tenure
CEO
Jeff Szyperski (59yo)
30yrs
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 Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 30yrs | US$224.82k | 4.08% $3.6m | |
| Director | 7.5yrs | no data | 0.25% $226.6k | |
| Vice Chairman of the Board | no data | US$394.06k | 23.45% $20.9m | |
| Director Emeritus | no data | no data | no data | |
| Director | 21.5yrs | no data | 0.59% $526.8k | |
| Director | 23.5yrs | no data | 1.07% $952.1k | |
| Director | 5.5yrs | US$134.61k | 2.85% $2.5m | |
| Director | 13.25yrs | no data | 0.67% $593.3k | |
| Director | 16.5yrs | no data | 0.40% $357.4k | |
| Director | 14.5yrs | no data | 0.22% $194.0k | |
| Director of Chesapeake Bank | 17.5yrs | no data | no data | |
| Director | 2.25yrs | no data | 0.037% $33.2k |
14.5yrs
Average Tenure
71yo
Average Age
Experienced Board: CPKF's board of directors are seasoned and experienced ( 14.5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
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$89.078m
- Shares outstanding: 4.86m
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CPKF | OTCPK (Pink Sheets LLC) | Yes | Common Stock Voting | US | USD | Sep 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 through Commercial, Commercial – Real Estate, Consumer – Non Real Estate, and Residential – Real Estate segments. The company accepts interest and noninterest checking, savings, and money market accounts, as well as certificates of deposit. It also offers mortgage loans, single-family residential and residential construction loans, lines of credit, and consumer loans; and commercial loans, including owner-occupied commercial development, retail, builders/contractors, medical, service and professional, hospitality, nonprofits, marine industry, and agricultural and seafood loans. In addition, the company provides merchant processing services, accounts receivable financing, wealth management and trust, and cash management services. It operates through 15 branches, including 4 in Northern Neck, 3 in Middle Peninsula, 5 in Williamsburg, and 3 in Richmond. The company was founded in 1900 and is based in Kilmarnock, Virginia.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/07/15 00:10 |
| End of Day Share Price | 2020/07/13 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2019/12/31 |
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.