CF Bankshares Inc. Reports Q2 2026 Financial Results
CF Bankshares Inc., parent company of CFBank, reported second-quarter net income of $5.9 million for the period ending June 30, 2026, representing an 18% increase from the first quarter and translating to earnings per diluted share of $0.90. The results included a provision expense of $944,000 but were driven by strong pre-provision net revenue growth of 26%. Return on average equity reached 12.31%, while return on assets was at 1.11%. Net interest margin improved to 2.93% from the prior quarter. The company saw a $52 million increase in commercial loan funding and reported significant deposit growth, with noninterest-bearing deposits rising by $33 million (14%) and core deposits increasing by $91 million (6%). Noninterest income also rose by 14%, primarily due to higher swap fees. The efficiency ratio improved from 56.1% in Q1 to 50.4%. CFBank maintained a strong capital position with Tier 1 Leverage Ratio at 11.64% and Total Capital Ratio of 14.76%.
Tickers: $CFBK
Topics: banking capital ratios earnings net income