CF Bankshares Q1 net earnings rise on higher non-interest income

CF Bankshares

05/05/2026 17:11

Overview

US commercial bank's Q1 net income rose 13% yr/yr to $5 mln

Pre-provision, pre-tax net revenue grew 5.4% yr/yr; non-interest income up 23%

Q1 results impacted by timing of commercial loan fundings and higher loan payoffs

Outlook

Company expects interest income benefit from Q1 loan growth to begin in Q2

CF Bankshares says commercial loan and deposit pipelines remain strong, expects continued solid growth

Company expects loan payoffs to decline and deal flow to increase in coming quarters

Result Drivers

LOAN FUNDING AND PAYOFF TIMING - Co said Q1 results were affected by the timing of commercial loan fundings and elevated loan payoffs, impacting average loans outstanding and interest income

NON-INTEREST INCOME GROWTH - Higher service charges on deposit accounts and treasury management fees drove a 23% yr/yr increase in non-interest income

NONACCRUAL LOAN IMPACT - Placement of a $5 mln non-core commercial loan on nonaccrual status reduced interest income and net interest margin

Company press release: ID:nPn2yYvZ6a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Net Income
$5 mln
Q1 Net Interest Income
$13.3 mln
Q1 Net Interest Margin
2.69%


Analyst Coverage

The one available analyst rating on the shares is "buy"

The average consensus recommendation for the banks peer group is "buy"

Wall Street's median 12-month price target for CF Bankshares Inc is $34.00, about 22.4% above its May 4 closing price of $27.77

The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 8 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)