Zacks Small Cap Analysts Cut Earnings Estimates for Chesapeake Financial Shares, Inc. (OTCMKTS:CPKF)

Chesapeake Financial Shares, Inc. (OTCMKTS:CPKF) – Equities research analysts at Zacks Small Cap reduced their FY2024 earnings per share estimates for Chesapeake Financial Shares in a report issued on Tuesday, April 23rd. Zacks Small Cap analyst A. Heffron now forecasts that the bank will earn $2.20 per share for the year, down from their prior estimate of $2.60. The consensus estimate for Chesapeake Financial Shares’ current full-year earnings is $2.60 per share.

Chesapeake Financial Shares (OTCMKTS:CPKF) last announced its quarterly earnings results on Tuesday, April 23rd. The bank reported $0.58 earnings per share (EPS) for the quarter. Chesapeake Financial Shares had a return on equity of 9.72% and a net margin of 10.68%. The company had revenue of $15.78 million during the quarter.

Chesapeake Financial Shares Trading Up 3.9 %

CPKF opened at $17.20 on Friday. The stock has a market capitalization of $81.18 million, a P/E ratio of 8.82 and a beta of 0.46. The firm’s fifty day simple moving average is $17.70 and its 200 day simple moving average is $17.88. 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 0.25.

Chesapeake Financial Shares Company Profile

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.