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CF BANKSHARES INC., PARENT OF CFBANK NA, REPORTS RESULTS FOR THE 3rd QUARTER 2025.
CF Bankshares Inc. (NASDAQ: CFBK) (the "Company"), the parent of CFBank, National Association ("CFBank"), today announced financial results for the third quarter ended September 30, 2025.
About this update from Cf Bankshares Inc.
[{"type":"text","content":"COLUMBUS, Ohio, Nov. 3, 2025 /PRNewswire/ -- CF Bankshares Inc. (NASDAQ: CFBK) (the "Company"), the parent of CFBank, National Association ("CFBank"), today announced financial results for the third quarter ended September 30, 2025.","length":252,"tagName":"p"},{"type":"image","alt":"(PRNewsfoto/CF Bankshares Inc.)","displaySize":"","headline":null,"caption":"(PRNewsfoto/CF Bankshares Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":71,"url":"https://media.zenfs.com/en/prnewswire.com/90cbbd72eb364c6ca55f5deab7b1a877"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Z1mg53PfHNOHwLYmkGzMOQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTEyNTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/90cbbd72eb364c6ca55f5deab7b1a877","width":400,"height":71}},"href":"https://mma.prnewswire.com/media/1220151/CF_Bankshares_Inc_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Third Quarter 2025 Highlights","length":29,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Net income for Q3 2025 was $2.3 million ($0.36 per diluted common share), which included $5.1 million of provision expense. The provision for credit losses negatively impacted earnings by $0.61 per share for Q3 2025.","length":216,"tagName":"p"}]},{"val":[{"type":"text","content":"Pre-provision, pre-tax net revenue (PPNR) for Q3 2025 was $7.8 million, which represents a 33% increase over Q3 2024.","length":117,"tagName":"p"}]},{"val":[{"type":"text","content":"Return on Average Equity (ROE) was 5.20% for Q3 2025, while Return on Average Assets (ROA) was 0.45%.","length":101,"tagName":"p"}]},{"val":[{"type":"text","content":"Book value per share increased to $26.99 as of September 30, 2025.","length":66,"tagName":"p"}]},{"val":[{"type":"text","content":"Net Interest Margin (NIM) increased 35bps when compared to Q3 2024 and increased 36bps for the nine months ended September 30, 2025, when compared to the comparable 2024 period.","length":177,"tagName":"p"}]},{"val":[{"type":"text","content":"Cost of funds declined 58bps when compared to Q3 2024.","length":54,"tagName":"p"}]},{"val":[{"type":"text","content":"Efficiency Ratio improved to 49.8% compared to 55.3% for Q3 2024.","length":65,"tagName":"p"}]},{"val":[{"type":"text","content":"Credit Quality: Nonaccrual loans declined 4...