Chesapeake Financial Shares (OTCMKTS:CPKF) Releases Quarterly Earnings Results, Beats Expectations By $0.31 EPS

Chesapeake Financial Shares (OTCMKTS:CPKF) announced its earnings results on Tuesday. The bank reported $1.17 EPS for the quarter, beating the consensus estimate of $0.86 by $0.31, Zacks reports. Chesapeake Financial Shares had a return on equity of 15.51% and a net margin of 17.24%.

Chesapeake Financial Shares Stock Performance

OTCMKTS:CPKF remained flat at $38.00 during trading hours on Tuesday. 1,605 shares of the company’s stock traded hands, compared to its average volume of 499. The company has a market capitalization of $178.22 million, a P/E ratio of 9.00 and a beta of 0.24. The firm has a fifty day simple moving average of $35.54 and a 200 day simple moving average of $32.99. Chesapeake Financial Shares has a one year low of $20.85 and a one year high of $38.00. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.68 and a current ratio of 0.68.

Chesapeake Financial Shares Company Profile

Chesapeake Financial Shares, Inc is the bank holding company for Chesapeake Bank, a Virginia?chartered community bank. The company operates as a locally focused financial institution, offering a comprehensive suite of banking services to individuals, businesses and nonprofit organizations. Through its subsidiary, Chesapeake Bank, it aims to deliver customer?centric solutions while supporting economic growth in its communities.

Chesapeake Financial Shares’ primary business activities include retail and commercial banking.