Chesapeake Financial Shares (CPKF) to Release Quarterly Earnings on Tuesday

Chesapeake Financial Shares (OTCMKTS:CPKF) is expected to announce its earnings results on Tuesday, July 22nd. Analysts expect the company to announce earnings of $0.63 per share for the quarter.

Chesapeake Financial Shares (OTCMKTS:CPKF) last issued its earnings results on Tuesday, May 6th. The bank reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.58 by $0.04. Chesapeake Financial Shares had a return on equity of 10.45% and a net margin of 4.58%.

Chesapeake Financial Shares Stock Down 1.1%

Shares of OTCMKTS:CPKF opened at $20.75 on Tuesday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.65 and a current ratio of 0.65. Chesapeake Financial Shares has a 1 year low of $16.91 and a 1 year high of $21.50. The stock has a market capitalization of $97.59 million, a P/E ratio of 23.06 and a beta of 0.31. The stock has a 50-day simple moving average of $20.52 and a 200-day simple moving average of $19.50.

Chesapeake Financial Shares Increases Dividend

The company also recently announced a dividend, which was paid on Sunday, June 15th. Stockholders of record on Monday, June 2nd were issued a dividend of $0.16 per share. The ex-dividend date of this dividend was Friday, May 30th. This represents a dividend yield of 3.2%. This is a boost from Chesapeake Financial Shares’s previous dividend of $0.15. Chesapeake Financial Shares’s payout ratio is presently 71.11%.

About Chesapeake Financial Shares

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.