CF Bankshares Inc. (CFBK) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	124.7M	125.9M	122.2M	111.7M	70.3M
Cost of Revenue	70.1M	73.2M	78.5M	63.0M	19.8M
Gross Profit	54.6M	52.7M	43.7M	48.7M	50.5M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	16.9M	3.6M	17.2M	17.9M	17.5M
General & Admin Expense	16.5M	3.2M	17.0M	17.6M	17.1M
Selling & Marketing Expense	417.0K	418.0K	134.0K	336.0K	431.0K
Other Expenses	15.0M	27.6M	10.4M	9.8M	10.4M
Total Operating Expenses	31.9M	31.2M	27.5M	27.8M	27.9M
Cost and Expenses	102.0M	104.4M	106.0M	90.7M	47.7M
Operating Income (EBIT)	22.7M	21.5M	16.1M	21.0M	22.6M
Non-Operating
Interest Income	118.4M	120.0M	117.7M	107.7M	67.4M
Interest Expense	62.3M	65.0M	71.7M	60.6M	19.0M
Net Interest Income	56.1M	55.0M	46.0M	47.0M	48.4M
Other Non-Op Income/Expense	—	—	—	—	—
Non-Operating Income (excl Interest)	—	—	—	—	—
EBT (Pre-Tax Income)	22.7M	21.5M	16.1M	21.0M	22.6M
Income Tax Expense	3.7M	4.0M	2.8M	4.0M	4.4M
Bottom Line
Net Income	18.8M	17.0M	13.4M	16.9M	18.2M
Earnings from Cont. Ops	19.0M	17.5M	13.4M	16.9M	18.2M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	18.4M	17.0M	13.0M	16.9M	18.2M
Per Share
Basic EPS	$2.92	$2.70	$2.08	$2.64	$2.84
Diluted EPS	$2.91	$2.69	$2.06	$2.63	$2.78
Revenue Per Share	$19.73	$20.02	$19.47	$17.39	$10.99
Shares
Basic Shares Outstanding	6.3M	6.3M	6.3M	6.4M	6.4M
Diluted Shares Outstanding	6.4M	6.3M	6.3M	6.4M	6.5M
Profitability Metrics
EBITDA	23.1M	22.0M	16.6M	21.6M	23.1M
D&A	363.0K	476.0K	486.0K	567.0K	496.0K
EBIT	22.7M	21.5M	16.1M	21.0M	22.6M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026