Analysts Issue Forecasts for Chesapeake Financial Shares, Inc.’s Q2 2024 Earnings (OTCMKTS:CPKF)

Chesapeake Financial Shares, Inc. (OTCMKTS:CPKF) – Equities research analysts at Zacks Small Cap issued their Q2 2024 earnings estimates for shares of Chesapeake Financial Shares in a note issued to investors on Tuesday, April 23rd. Zacks Small Cap analyst A. Heffron expects that the bank will earn $0.54 per share for the quarter. The consensus estimate for Chesapeake Financial Shares’ current full-year earnings is $2.60 per share. Zacks Small Cap also issued estimates for Chesapeake Financial Shares’ Q3 2024 earnings at $0.57 EPS and Q4 2024 earnings at $0.54 EPS.

Chesapeake Financial Shares Trading Up 3.9 %

Shares of Chesapeake Financial Shares stock opened at $17.20 on Thursday. Chesapeake Financial Shares has a 12-month low of $16.25 and a 12-month high of $21.65. The company has a market cap of $81.17 million, a price-to-earnings ratio of 8.82 and a beta of 0.46. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 0.26. The company’s 50-day moving average price is $17.72 and its 200-day moving average price is $17.88.

Chesapeake Financial Shares (OTCMKTS:CPKF) last issued its earnings results on Tuesday, April 23rd. The bank reported $0.58 earnings per share for the quarter. The firm had revenue of $15.78 million during the quarter. Chesapeake Financial Shares had a net margin of 10.68% and a return on equity of 10.01%.

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.