CF Bankshares (CFBK) Q4 2025 earnings summary

Executive summary

• Net income for Q4 2025 was $5.7 million ($0.88 per diluted share), up from $4.4 million in Q4 2024; full-year net income was $17.5 million ($2.69 per diluted share), a 31% increase over 2024.

• Pre-provision, pre-tax net revenue (PPNR) for Q4 2025 was $8.0 million, and $29.8 million for the year, up 30% year-over-year.

• Return on average equity (ROE) was 12.59% for Q4 2025; return on average assets (ROA) was 1.09%.

• Book value per share rose to $27.87 at year-end 2025.

Financial highlights

• Net interest income for Q4 2025 was $14.3 million, up 14% year-over-year; full-year net interest income was $55.0 million, up 18%.

• Net interest margin (NIM) for Q4 2025 was 2.85%, up 28bps from Q4 2024.

• Efficiency ratio improved to 49.2% in Q4 2025 from 53.2% in Q4 2024.

• Cost of funds declined 45bps year-over-year for Q4 and 48bps for the full year.

• Noninterest income for Q4 2025 was $1.4 million, down 1.6% year-over-year.

• Noninterest expense for Q4 2025 was $7.7 million, up 4.2% year-over-year.

Outlook and guidance

• Management expects a more stabilized interest rate environment in 2026, with Fed rate reductions providing a net positive bias to earnings.

• Anticipates stronger commercial growth rates in 2026 due to robust pipelines and new high-performing bankers.

• Commercial loan payoffs are expected to decline, supporting growth objectives.