Business
CF BANKSHARES INC., PARENT OF CFBANK NA, REPORTS RESULTS FOR THE 1st QUARTER 2026
CF Bankshares Inc. (NASDAQ: CFBK) (the "Company"), the parent of CFBank, National Association ("CFBank"), today announced financial results for the first quarter ended March 31, 2026.
About this update from Cf Bankshares Inc.
[{"type":"text","content":"COLUMBUS, Ohio, May 5, 2026 /PRNewswire/ -- CF Bankshares Inc. (NASDAQ: CFBK) (the "Company"), the parent of CFBank, National Association ("CFBank"), today announced financial results for the first quarter ended March 31, 2026.","length":247,"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/1.2/01i026mQd2sG.UwuNceFXA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTEyNQ--/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":"First Quarter 2026 Highlights","length":29,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Net income was $5.0 million ($0.77 per diluted common share) for Q1 2026, which represents a 13% increase over Q1 2025.","length":119,"tagName":"p"}]},{"val":[{"type":"text","content":"Pre-provision, pre-tax net revenue (PPNR) for Q1 2026 was $6.5 million, which represents a 5.4%increase over Q1 2025.","length":117,"tagName":"p"}]},{"val":[{"type":"text","content":"Return on Average Equity (ROE) was 10.74% for Q1 2026, while Return on Average Assets (ROA) was 0.97%.","length":102,"tagName":"p"}]},{"val":[{"type":"text","content":"Net Interest Margin (NIM) increased 5bps for Q1 2026 when compared to Q1 2025.","length":78,"tagName":"p"}]},{"val":[{"type":"text","content":"Cost of Funds declined 34bps when compared to Q1 2025 and declined 15bps when compared to Q4 2025.","length":98,"tagName":"p"}]},{"val":[{"type":"text","content":"Noninterest income increased $281,000, or 23% when compared to Q1 2025. This was driven by a $172,000 (26%) increase in Customer Fees, including Treasury Management products and services.","length":187,"tagName":"p"}]},{"val":[{"type":"text","content":"Core Commercial Net Loan Growth totaled $45 million in Q1, which was net of $100 million of payoffs and amortization. This represents an annualized growth rate of 15%.","length":167,"tagName":"p"}]},{"val":[{"type":"...