Equities Analysts Offer Predictions for Chesapeake Financial Shares, Inc.’s Q2 2024 Earnings (OTCMKTS:CPKF)

Chesapeake Financial Shares, Inc. (OTCMKTS:CPKF) – Equities researchers at Zacks Small Cap issued their Q2 2024 earnings estimates for Chesapeake Financial Shares in a research note issued to investors on Tuesday, April 23rd. Zacks Small Cap analyst A. Heffron expects that the bank will post earnings of $0.54 per share for the quarter. The consensus estimate for Chesapeake Financial Shares’ current full-year earnings is $2.60 per share. Zacks Small Cap also issued estimates for Chesapeake Financial Shares’ Q3 2024 earnings at $0.57 EPS and Q4 2024 earnings at $0.54 EPS.

Chesapeake Financial Shares (OTCMKTS:CPKF) last posted its quarterly earnings data on Tuesday, April 23rd. The bank reported $0.58 earnings per share for the quarter. Chesapeake Financial Shares had a net margin of 10.68% and a return on equity of 10.01%. The business had revenue of $15.78 million during the quarter.

Chesapeake Financial Shares Price Performance

CPKF stock opened at $16.55 on Thursday. The firm has a 50-day moving average price of $17.74 and a 200-day moving average price of $17.89. Chesapeake Financial Shares has a 12 month low of $16.25 and a 12 month high of $21.65. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 0.26. The stock has a market capitalization of $78.12 million, a P/E ratio of 8.49 and a beta of 0.46.

About Chesapeake Financial Shares

Chesapeake Financial Shares, Inc operates as the bank holding company for Chesapeake Bank that provides various banking products and services for individuals and businesses in the United States. The company accepts interest and noninterest checking, savings, and money market accounts; and variable-rate and fixed-term money market accounts, as well as certificates of deposit.