CF Bankshares Q2 Earnings: Net Income Climbs 18% to $5.9M, NIM Widens 24 bps, but Nonperforming Loans Tick Up
CFBK sits 54% above its 52-week low of $22.1 on elevated volume (3.6× avg).
Summary
CF Bankshares posted Q2 2026 net income of $5.9 million ($0.90 diluted EPS), an 18% gain over Q1 2026, as net interest margin expanded to 2.93%. Nonperforming loans, however, rose to $20.8 million from $15.3 million at year-end 2025.
Key Events · Earnings and Guidance · CFBK
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Q2 Net Income Up 18%
Driven by higher net interest income and a lower provision expense, net income reached $5.9 million ($0.90 diluted EPS), compared with $5.0 million in Q1 2026.
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Net Interest Margin Expands
Reflecting higher asset yields and a $370,000 prepayment penalty benefit, NIM improved 24 bps to 2.93%.
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Nonperforming Loans Increase
Primarily due to a $5 million non-core C&I loan, nonperforming loans rose to $20.8 million (1.15% of total loans) from $15.3 million at year-end 2025.
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Book Value Per Share Rises
Book value per common share increased to $29.04 as of June 30, 2026, up from $28.20 at March 31, 2026.
Analysis · CFBK · Finance
A robust second quarter saw net income climb 18% sequentially to $5.9 million, fueled by a 24-basis-point expansion in net interest margin to 2.93% and a 26% surge in pre-provision pre-tax net revenue. Book value per share advanced to $29.04. On the flip side, asset quality weakened: nonperforming loans grew to $20.8 million, or 1.15% of total loans, up from $15.3 million at year-end 2025, largely tied to a single $5 million non-core C&I loan. The picture is one of strengthening profitability shadowed by mounting credit risk that demands attention.
At the time of this filing, CFBK was trading at $34.03 on NASDAQ in the Finance sector, with a market capitalization of approximately $221.4M. The 52-week trading range was $22.10 to $35.50. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.