Chesapeake Financial Shares (OTCMKTS:CPKF) Posts Earnings Results, Beats Estimates By $0.10 EPS

Chesapeake Financial Shares (OTCMKTS:CPKF) announced its quarterly earnings results on Tuesday. The bank reported $0.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.54 by $0.10, Zacks reports. Chesapeake Financial Shares had a net margin of 11.50% and a return on equity of 10.69%.

Chesapeake Financial Shares Price Performance

CPKF stock opened at $18.70 on Thursday. The firm has a 50 day moving average of $18.79 and a 200-day moving average of $18.61. The company has a market cap of $88.45 million, a price-to-earnings ratio of 7.73 and a beta of 0.50. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.22. Chesapeake Financial Shares has a 12-month low of $16.45 and a 12-month high of $20.00.

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.