Company research
CF BANKSHARES INC.
CIK 1070680Updated Sep 24, 2026
SecurityCFBK · NASDAQ · equity
Name history
CENTRAL FEDERAL CORP · through Jul 28, 2020GRAND CENTRAL FINANCIAL CORP · through May 7, 2003
CFBK price & chart
Loading TradingView…
NASDAQ:CFBK on TradingView ↗About the company
CF Bankshares Inc. (the “Company”) is a bank holding company that owns 100% of the stock of CFBank, National Association (“CFBank”). CFBank is a nationally chartered boutique Commercial bank operating primarily in Five (5) Major Metro Markets: Columbus, Cleveland, Cincinnati, and Akron Ohio, and Indianapolis, Indiana. The current Leadership Team and Board recapitalized the Company and CFBank in 2012 during the financial crisis, repositioning CFBank as a full-service Commercial Bank model.
In the news
CF BANKSHARES INC., PARENT OF CFBANK, NA, ANNOUNCES THE HIRING OF GREGORY PERELKA. ↗
Recent filings
4 filing
SCHEDULE 13G/A filing
10-Q filing
4 filing
Results of Operations and Financial Condition
Items 2.02, 9.01
Show 5 more recent filings
Financials
FY 2025 · USDSource
Source
Source
Source
balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 2,117,321,000Source | 2,065,523,000Source | 2,058,615,000Source | 1,820,174,000Source |
| Property, Plant and Equipment, NetUSD | 3,547,000Source | 3,536,000Source | 3,812,000Source | 3,778,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 258,972,000Source | 235,272,000Source | 261,595,000Source | 151,787,000Source |
| Operating Lease, Right-of-Use AssetUSD | 5,680,000Source | 6,087,000Source | 5,221,000Source | 1,357,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 1,932,895,000Source | 1,897,086,000Source | 1,903,241,000Source | 1,680,926,000Source |
| Stockholders’ equity: | ||||
| Additional Paid in CapitalUSD | 93,618,000Source | 92,225,000Source | 91,068,000Source | 89,813,000Source |
| Retained Earnings (Accumulated Deficit)USD | 103,883,000Source | 88,290,000Source | 76,517,000Source | 61,095,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -1,371,000Source | -1,803,000Source | -2,290,000Source | -2,037,000Source |
| Stockholders' Equity Attributable to ParentUSD | 184,426,000Source | 168,437,000Source | 155,374,000Source | 139,248,000Source |
| Liabilities and EquityUSD | 2,117,321,000Source | 2,065,523,000Source | 2,058,615,000Source | 1,820,174,000Source |
| Additional Financial Items | ||||
| Deferred Tax Liabilities, NetUSD | 3,216,000Source | 2,806,000Source | 2,535,000Source | 883,000Source |
| Long-term DebtUSD | — | — | — | 29,461,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Share-based Payment Arrangement, Noncash ExpenseUSD | 1,394,000Source | 1,155,000Source | 1,172,000Source | 899,000Source |
| Deferred Income Tax Expense (Benefit)USD | -186,000Source | -365,000Source | 456,000Source | 215,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 18,688,000Source | 14,189,000Source | 18,051,000Source | 39,764,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -25,040,000Source | -32,994,000Source | -121,853,000Source | -353,321,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | -477,000Source | -578,000Source | — | — |
| Payments to Acquire Property, Plant, and EquipmentUSD | 487,000Source | 266,000Source | 661,000Source | 905,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 147,000Source | 129,000Source | 122,000Source | 173,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 30,052,000Source | -7,518,000Source | 213,610,000Source | 298,753,000Source |
| Payments of Ordinary Dividends, Common StockUSD | 1,948,000Source | 1,614,000Source | 1,476,000Source | 1,153,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 258,972,000Source | 235,272,000Source | 261,595,000Source | 151,787,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 64,718,000Source | 72,166,000Source | 58,799,000Source | 18,362,000Source |
| Income Taxes Paid, NetUSD | 2,685,000Source | — | — | — |
| Additional Financial Items | ||||
| AmortizationUSD | — | — | -1,024,000Source | -881,000Source |
| Amortization of Intangible AssetsUSD | — | 56,000Source | 60,000Source | 570,000Source |
| Bank Owned Life Insurance IncomeUSD | 933,000Source | 850,000Source | 625,000Source | 598,000Source |
| DepreciationUSD | 476,000Source | 486,000Source | 567,000Source | 496,000Source |
| Depreciation, NonproductionUSD | 476,000Source | 486,000Source | 567,000Source | 496,000Source |
| Derivative, Gain (Loss) on Derivative, NetUSD | — | — | — | 1,076,000Source |
| Fair Value, Option, Changes in Fair Value, Gain (Loss)USD | 0Source | — | — | -356,000Source |
| Gain (Loss) on InvestmentsUSD | -103,000Source | — | 2,097,000Source | 2,097,000Source |
| Gain (Loss) on Sale of InvestmentsUSD | -103,000Source | — | — | — |
| Gain (Loss) on Sale of Mortgage LoansUSD | 716,000Source | 435,000Source | 119,000Source | -64,000Source |
| Gain (Loss) on Disposition of Other AssetsUSD | 0Source | — | -13,000Source | — |
| Gain (Loss) on Sales of Loans, NetUSD | 716,000Source | 435,000Source | 119,000Source | 656,000Source |
| Income Tax Expense (Benefit)USD | 3,986,000Source | 2,757,000Source | 4,048,000Source | 4,428,000Source |
| Net Income (Loss) Attributable to ParentUSD | 17,541,000Source | 13,387,000Source | 16,937,000Source | 18,164,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 17,001,000Source | 13,026,000Source | 16,937,000Source | 18,164,000Source |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-saleUSD | 1,000,000Source | 2,205,000Source | 2,013,000Source | 3,517,000Source |
| Proceeds from Stock Options ExercisedUSD | 0Source | — | 84,000Source | 387,000Source |
| Provision for Loan, Lease, and Other LossesUSD | 8,247,000Source | 6,737,000Source | 2,317,000Source | — |
| Financing Receivable, Credit Loss, Expense (Reversal)USD | 7,508,000Source | 6,087,000Source | 1,858,000Source | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 21,527,000Source | 16,144,000Source | 20,985,000Source | 22,592,000Source |
| Income Tax Expense (Benefit)USD | 3,986,000Source | 2,757,000Source | 4,048,000Source | 4,428,000Source |
| Net Income (Loss) Attributable to ParentUSD | 17,541,000Source | 13,387,000Source | 16,937,000Source | 18,164,000Source |
| Earnings Per Share, BasicUSD per share | 2.7Source | 2.08Source | 2.64Source | 2.84Source |
| Earnings Per Share, DilutedUSD per share | 2.69Source | 2.06Source | 2.63Source | 2.78Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 6,290,072Source | 6,274,571Source | 6,421,088Source | 6,397,053Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 6,331,799Source | 6,308,992Source | 6,447,447Source | 6,535,160Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | — | 56,000Source | 60,000Source | 570,000Source |
| Bank Owned Life Insurance IncomeUSD | 933,000Source | 850,000Source | 625,000Source | 598,000Source |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | 0.3Source | 0.25Source | 0.23Source | 0.18Source |
| Current Income Tax Expense (Benefit)USD | 4,172,000Source | — | — | — |
| Fair Value, Option, Changes in Fair Value, Gain (Loss)USD | 0Source | — | — | -356,000Source |
| Gain (Loss) on InvestmentsUSD | -103,000Source | — | 2,097,000Source | 2,097,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | 21,527,000Source | — | — | — |
| Interest ExpenseUSD | — | — | 60,639,000Source | 18,974,000Source |
| InterestExpenseOperatingUSD | 64,972,000Source | 71,745,000Source | — | — |
| Interest Income, Debt Securities, OperatingUSD | 359,000Source | 549,000Source | 658,000Source | 881,000Source |
| Interest Income (Expense), NetUSD | 55,023,000Source | 46,644,000Source | 47,640,000Source | 48,790,000Source |
| Labor and Related ExpenseUSD | 15,720,000Source | 14,172,000Source | 14,513,000Source | 15,125,000Source |
| Marketing and Advertising ExpenseUSD | 418,000Source | 134,000Source | 336,000Source | 431,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 17,001,000Source | 13,026,000Source | 16,937,000Source | 18,164,000Source |
| Preferred Stock, Dividends Per Share, DeclaredUSD per share | 30Source | 19Source | — | — |
| Undistributed Earnings (Loss) Allocated to Participating Securities, BasicUSD | 540,000Source | 361,000Source | — | — |
Filing attachments
cfbk-ex99_1.htm · 8-K · 2026-07-28
EX-99.1 2 cfbk-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Parent of CFBank, NA PRESS RELEASE FOR IMMEDIATE RELEASE: July 28, 2026 For Further Information: Timothy T. O'Dell, President & CEO Phone: 614.318.4660 Email: timodell@cfbankmail.com CF BANKSHARES INC., PARENT OF CFBANK NA, REPORTS RESULTS FOR THE 2nd QUARTER 2026. Columbus, Ohio - July 28, 2026 - CF Bankshares Inc. (NASDAQ: CFBK) (the “Company”), th…
Read attachment ↗cfbk-ex99_1.htm · 8-K · 2026-05-05
EX-99.1 2 cfbk-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Parent of CFBank, NA PRESS RELEASE FOR IMMEDIATE RELEASE: May 5, 2026 For Further Information: Timothy T. O'Dell, President & CEO Phone: 614.318.4660 Email: timodell@cfbankmail.com CF BANKSHARES INC., PARENT OF CFBANK NA, REPORTS RESULTS FOR THE 1st QUARTER 2026. Columbus, Ohio - May 5, 2026 - CF Bankshares Inc. (NASDAQ: CFBK) (the “Company”), the pa…
Read attachment ↗cfbk-ex99_1.htm · 8-K · 2026-02-05
EX-99.1 2 cfbk-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Parent of CFBank, NA PRESS RELEASE FOR IMMEDIATE RELEASE: February 5, 2026 For Further Information: Timothy T. O'Dell, President & CEO Phone: 614.318.4660 Email: timodell@cfbankmail.com CF BANKSHARES INC., PARENT OF CFBANK NA, REPORTS RESULTS FOR THE 4th QUARTER AND FULL YEAR 2025. Columbus, Ohio - February 5, 2026 - CF Bankshares Inc. (NASDAQ: CFBK)…
Read attachment ↗cfbk-ex99_1.htm · 8-K · 2025-12-18
EX-99.1 2 cfbk-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Parent of CFBank, NA PRESS RELEASE FOR IMMEDIATE RELEASE: December 18, 2025 For Further Information: Timothy T. O'Dell, President & CEO Phone: 614.318.4660 Email: timodell@cfbankmail.com CF BANKSHARES INC. ANNOUNCES EXTENSION OF STOCK REPURCHASE PROGRAM Columbus, Ohio - December 18, 2025 - CF Bankshares Inc. (NASDAQ: CFBK) (the “Company”), the parent o…
Read attachment ↗cfbk-ex99_1.htm · 8-K · 2025-11-03
EX-99.1 2 cfbk-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Parent of CFBank, NA PRESS RELEASE FOR IMMEDIATE RELEASE: November 3, 2025 For Further Information: Timothy T. O'Dell, President & CEO Phone: 614.318.4660 Email: timodell@cfbankmail.com CF BANKSHARES INC., PARENT OF CFBANK NA, REPORTS RESULTS FOR THE 3rd QUARTER 2025. Columbus, Ohio - November 3, 2025 - CF Bankshares Inc. (NASDAQ: CFBK) (the “Company…
Read attachment ↗cfbk-ex99_1.htm · 8-K · 2025-08-04
EX-99.1 2 cfbk-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Parent of CFBank, NA PRESS RELEASE FOR IMMEDIATE RELEASE: August 4, 2025 For Further Information: Timothy T. O'Dell, President & CEO Phone: 614.318.4660 Email: timodell@cfbankmail.com CF BANKSHARES INC., PARENT OF CFBANK NA, REPORTS RESULTS FOR THE 2nd QUARTER 2025. Columbus, Ohio - August 4, 2025 - CF Bankshares Inc. (NASDAQ: CFBK) (the “Company”), …
Read attachment ↗