Revenue growth remains supported by a commercial lending pivot, though profitability is tempered by a 28.1% efficiency ratio and cyclical mortgage fee contributions that accounted for 5.0% of total revenue in 2026Q1.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 | Dec'05 | Dec'04 | Dec'03 | Dec'02 | Dec'01 | Dec'00 | Dec'99 | Dec'98 |
|---|
| Net Interest Income | 55.13M | 55.02M | 45.97M | 47.05M | 48.44M | 41.8M | 27.61M | 21.49M | 17.69M | 13.52M | 11.23M | 9.72M | 8.64M | 5.31M | 4.55M | 6.09M | 8.35M | 8.4M | 8.6M | 7.73M | 6.76M | 4.97M | 4M | 1.91M | 3.6M | 4.29M | 4.03M | 4.6M | 3.8M |
| NII Growth % | 64.89% | 19.7% | -2.29% | -2.88% | 15.88% | 51.42% | 28.46% | 21.48% | 30.88% | 20.33% | 15.6% | 12.44% | 62.91% | 16.64% | -25.37% | -27% | -0.63% | -2.25% | 11.22% | 14.24% | 36.17% | 24.36% | 108.73% | -46.91% | -15.95% | 6.37% | -12.35% | 21.05% | - |
| Net Interest Margin % | 2.57% | 2.6% | 2.23% | 2.29% | 2.66% | 2.8% | 1.87% | 2.44% | 2.66% | 2.81% | 2.58% | 2.77% | 2.74% | 2.07% | 2.12% | 2.43% | 3.03% | 3.07% | 3.09% | 2.78% | 2.89% | 2.87% | 2.34% | 1.79% | 3.26% | 3.55% | 2.86% | 3.23% | 2.85% |
| Interest Income | 118.62M | 120M | 117.71M | 107.69M | 67.42M | 52.11M | 42.19M | 34.9M | 24.69M | 17.05M | 14.33M | 12.33M | 10.53M | 7.42M | 7.18M | 9.57M | 12.53M | 14.35M | 16.53M | 17.52M | 13.65M | 8.69M | 6.14M | 5.43M | 7.07M | 9.59M | 9.83M | 9.3M | 8.8M |
| Interest Expense | 63.49M | 64.97M | 71.75M | 60.64M | 18.97M | 10.31M | 14.58M | 13.4M | 7M | 3.53M | 3.1M | 2.61M | 1.89M | 2.11M | 2.63M | 3.48M | 4.18M | 5.95M | 7.93M | 9.79M | 6.89M | 3.72M | 2.15M | 3.52M | 3.46M | 5.3M | 5.8M | 4.7M | 5M |
| Loan Loss Provision | 8.27M | 8.25M | 6.74M | 2.32M | 787K | -1.6M | 10.91M | 0 | 0 | 0 | 230K | 250K | 278K | 496K | 1.13M | 3.38M | 8.47M | 9.93M | 917K | 539K | 820K | 674K | 646K | 102K | 19K | 62K | 0 | 0 | 200K |
| Non-Interest Income | 6.11M | 5.91M | 4.45M | 4M | 2.86M | 11.52M | 59.89M | 11.7M | 2.8M | 727K | 1.11M | 1.22M | 1.49M | 770K | 954K | 1.13M | 1.8M | 1.27M | 1.05M | 728K | -5.12M | 866K | 537K | 930K | 615K | 184K | 294K | 300K | 300K |
| Non-Interest Income % | 4.9% | 4.69% | 3.64% | 3.58% | 4.08% | 18.11% | 58.67% | 25.1% | 10.17% | 4.09% | 7.21% | 9% | 12.38% | 9.4% | 11.73% | 10.52% | 12.53% | 8.11% | 6% | 3.99% | -60.03% | 9.06% | 8.04% | 14.61% | 8.01% | 1.88% | 2.9% | 3.13% | 3.3% |
| Total Revenue | 124.73M | 125.9M | 122.16M | 111.69M | 70.28M | 63.64M | 102.08M | 46.59M | 27.49M | 17.78M | 15.45M | 13.55M | 12.02M | 8.19M | 8.14M | 10.7M | 14.33M | 15.62M | 17.59M | 18.25M | 8.53M | 9.56M | 6.68M | 6.37M | 7.68M | 9.77M | 10.13M | 9.6M | 9.1M |
| Revenue Growth % | 6.6% | 3.06% | 9.38% | 58.92% | 10.44% | -37.66% | 119.08% | 69.51% | 54.59% | 15.12% | 14.02% | 12.69% | 46.79% | 0.65% | -23.95% | -25.34% | -8.24% | -11.2% | -3.65% | 113.91% | -10.73% | 43.05% | 4.96% | -17.14% | -21.39% | -3.52% | 5.5% | 5.49% | - |
| Non-Interest Expense | 31.13M | 31.16M | 27.54M | 27.75M | 27.93M | 32.11M | 40.3M | 21.15M | 15.16M | 10.79M | 9.68M | 9.4M | 9.38M | 6.5M | 8.14M | 9.27M | 8.35M | 8.05M | 7.75M | 8M | 904K | 8.83M | 6.42M | 6.1M | 3.21M | 3.5M | 3.9M | 4.9M | 3.6M |
| Efficiency Ratio | 24.96% | 24.75% | 22.54% | 24.85% | 39.74% | 50.46% | 39.48% | 45.39% | 55.15% | 60.66% | 62.69% | 69.42% | 77.99% | 79.35% | 100.05% | 86.65% | 58.27% | 51.58% | 44.07% | 43.82% | 10.6% | 92.36% | 96.09% | 95.9% | 41.84% | 35.83% | 38.51% | 51.04% | 39.56% |
| Operating Income | 21.84M | 21.53M | 16.14M | 20.98M | 22.59M | 22.82M | 36.28M | 12.04M | 5.33M | 3.46M | 2.44M | 1.28M | 479K | -918K | -3.77M | -5.42M | -6.67M | -8.31M | 984K | -80K | -81K | -3.67M | -2.53M | -3.36M | 987K | 910K | 426K | 0 | 300K |
| Operating Margin % | 17.51% | 17.1% | 13.22% | 18.79% | 32.15% | 35.86% | 35.55% | 25.84% | 19.39% | 19.47% | 15.78% | 9.48% | 3.98% | -11.21% | -46.29% | -50.71% | -46.57% | -53.24% | 5.6% | -0.44% | -0.95% | -38.37% | -37.93% | -52.82% | 12.85% | 9.31% | 4.21% | 0% | 3.3% |
| Operating Income Growth % | - | 33.34% | -23.07% | -7.11% | -0.99% | -37.11% | 201.33% | 125.91% | 54% | 42.02% | 89.8% | 168.06% | 152.18% | 75.62% | 30.58% | 18.69% | 19.75% | -944.92% | 1330% | 1.23% | 97.79% | -44.71% | 24.63% | -440.63% | 8.46% | 113.61% | - | -100% | - |
| Pretax Income | 21.84M | 21.53M | 16.14M | 20.98M | 22.59M | 22.82M | 36.28M | 12.04M | 5.33M | 3.46M | 2.44M | 1.28M | 479K | -918K | -3.77M | -5.42M | -6.67M | -8.31M | 984K | -80K | -81K | -3.67M | -2.53M | -3.36M | 987K | 910K | 426K | 0 | 300K |
| Pretax Margin % | 17.51% | 17.1% | 13.22% | 18.79% | 32.15% | 35.86% | 35.55% | 25.84% | 19.39% | 19.47% | 15.78% | 9.48% | 3.98% | -11.21% | -46.29% | -50.71% | -46.57% | -53.24% | 5.6% | -0.44% | -0.95% | -38.37% | -37.93% | -52.82% | 12.85% | 9.31% | 4.21% | 0% | 3.3% |
| Income Tax | 3.71M | 3.99M | 2.76M | 4.05M | 4.43M | 4.37M | 6.67M | 2.44M | 1.06M | 2.12M | 810K | -3.19M | 0 | 0 | 0 | 0 | 198K | 1.58M | 261K | -63K | -44K | -377K | -872K | -988K | 313K | 312K | 150K | 0 | 100K |
| Effective Tax Rate % | 16.96% | 18.52% | 17.08% | 19.29% | 19.6% | 19.13% | 18.4% | 20.26% | 19.83% | 61.11% | 33.24% | -248.68% | 0% | 0% | 0% | 0% | -2.97% | -18.97% | 26.52% | 78.75% | 54.32% | 10.28% | 34.41% | 29.39% | 31.71% | 34.29% | 35.21% | - | 33.33% |
| Net Income | 17.8M | 17M | 13.39M | 16.94M | 18.16M | 18.45M | 29.61M | 9.6M | 4.27M | 1.35M | 1.63M | 4.48M | 479K | -918K | -3.77M | -5.42M | -6.87M | -9.89M | 723K | -17K | -37K | -3.29M | -1.66M | -2.37M | 674K | 598K | 276K | 0 | 200K |
| Net Margin % | 14.27% | 13.5% | 10.96% | 15.16% | 25.85% | 29% | 29.01% | 20.61% | 15.55% | 7.57% | 10.53% | 33.05% | 3.98% | -11.21% | -46.29% | -50.71% | -47.95% | -63.34% | 4.11% | -0.09% | -0.43% | -34.43% | -24.88% | -37.3% | 8.77% | 6.12% | 2.73% | 0% | 2.2% |
| Net Income Growth % | 20.72% | 27% | -20.96% | -6.76% | -1.57% | -37.68% | 208.38% | 124.69% | 217.46% | -17.27% | -63.66% | 834.66% | 152.18% | 75.62% | 30.58% | 21.03% | 30.54% | -1468.05% | 4352.94% | 54.05% | 98.88% | -97.95% | 29.99% | -452.23% | 12.71% | 116.67% | - | -100% | - |
| Net Income (Continuing) | 18.14M | 17.54M | 13.39M | 16.94M | 18.16M | 18.45M | 29.61M | 9.6M | 4.27M | 1.35M | 1.63M | 4.48M | 479K | -918K | -3.77M | -5.42M | -6.87M | -9.89M | 723K | -17K | -37K | -3.29M | -1.66M | -2.37M | 674K | 598K | 276K | 0 | 200K |
| EPS (Diluted) | 2.82 | 2.69 | 2.06 | 2.63 | 2.78 | 2.77 | 4.47 | 2.03 | 1.00 | 0.22 | 0.28 | 1.10 | 0.02 | -0.33 | 0.77 | -39.00 | -48.68 | -69.03 | 4.40 | -0.10 | -0.28 | -40.98 | -22.55 | -36.03 | 11.83 | 10.45 | 4.68 | -0.55 | 2.84 |
| EPS Growth % | 22.47% | 30.58% | -21.67% | -5.4% | 0.36% | -38.03% | 120.2% | 103% | 354.55% | -21.43% | -74.55% | 5372.64% | 106.09% | -142.86% | 101.97% | 19.89% | 29.48% | -1668.86% | 4500% | 64.29% | 99.32% | -81.73% | 37.41% | -404.56% | 13.21% | 123.29% | 950.91% | -119.37% | - |
| EPS (Basic) | - | 2.70 | 2.08 | 2.64 | 2.84 | 2.84 | 4.53 | 2.05 | 1.02 | 0.22 | 0.28 | 1.27 | 0.02 | -0.33 | 0.77 | -39.00 | -48.68 | -69.03 | 4.40 | -0.10 | -0.28 | -40.98 | -22.55 | -36.03 | 12.10 | 10.45 | 4.68 | -0.55 | 2.84 |
| Diluted Shares Outstanding | 6.31M | 6.33M | 6.31M | 6.45M | 6.54M | 6.65M | 6.11M | 4.63M | 4.34M | 3.51M | 2.92M | 4.13M | 2.88M | 2.88M | 1.15M | 149.19K | 148.9K | 148.69K | 152.8K | 163.12K | 134.54K | 80.29K | 73.7K | 67.44K | 57K | 57.23K | 59.04K | 66.12K | 70.47K |
Regional CRE concentration risk
As reported in recent financial filings, CFBK's net interest income grew to $13.3 million in 2026Q1, reflecting a 4.6% year-over-year increase that suggests successful execution of the bank's pivot toward a commercial-centric lending model within its core Ohio markets despite broader interest rate volatility.
The consistent expansion of NII from $11.1 million in 2024Q1 to current levels indicates that the bank's relationship-based commercial strategy is effectively capturing yield. Investors should monitor whether this growth trajectory can be sustained if deposit betas rise, as the bank's reliance on localized commercial borrowers may limit its ability to pass on higher funding costs.
Based on the provided income statement data, CFBK maintained an efficiency ratio of 28.1% in 2026Q1, demonstrating that the bank's lean, five-branch physical footprint continues to provide significant operating leverage compared to traditional regional peers that carry much heavier overhead costs.
The bank's ability to keep its efficiency ratio consistently below 30% suggests that management has successfully optimized its boutique model for scalability. This operational discipline appears to be a primary driver of the bank's ability to absorb provision expenses without suffering more severe bottom-line compression during periods of credit stress.
According to quarterly income statements, CFBK's provision for loan losses reached a peak of $5.1 million in 2025Q3, a significant outlier that highlights the inherent risk of the bank's concentrated commercial real estate exposure within its four-county Ohio operating footprint.
The sharp fluctuation in provision expenses suggests that the bank's earnings quality remains vulnerable to localized economic shocks in the Columbus and Cleveland markets. Analysts should interpret these periodic spikes as a necessary cost of the bank's aggressive commercial growth strategy, which may necessitate higher capital buffers than currently maintained.
Financial disclosures reveal that non-interest income contributed 5.0% of total revenue in 2026Q1, with the mortgage banking unit acting as a primary, albeit cyclical, driver of fee-based profit that remains highly sensitive to interest rate-driven fluctuations in residential origination and sales activity.
The reliance on mortgage-related fees introduces a layer of earnings lumpiness that may obscure the underlying performance of the core commercial banking franchise. Investors should be cautious of the potential for these fees to contract rapidly if refinancing activity stalls, which would place greater pressure on the bank's interest-based revenue streams.
Quick answers to the most common questions about buying CFBK stock.
CF Bankshares Inc. (CFBK) is profitable, generating $17.0M in net income for the fiscal year ending 2025 with a net profit margin of 13.5%.
CF Bankshares Inc. (CFBK) reported an operating income of $21.5M, resulting in an operating profit margin of 17.1%. This margin reflects the operational efficiency of the business before interest and taxes.
CF Bankshares Inc. (CFBK) generated $52.7M in gross profit for the year, representing a gross profit margin of 41.8%. This demonstrates the company's core pricing power and production efficiency.