Revenue: As of FY2026 Q1, the actual value is USD 14.81 M.

EPS: As of FY2026 Q1, the actual value is USD 0.77, missing the estimate of USD 0.81.

EBIT: As of FY2026 Q1, the actual value is USD -6.824 M.

Net Income and Profitability

• Net income for Q1 2026 was $5.0 million, representing a 13% increase over Q1 2025, decreased from $5.7 million in Q4 2025 but increased from $4.4 million in Q1 2025 .
• Pre-provision, pre-tax net revenue (PPNR) for Q1 2026 was $6.5 million, a 5.4% increase over Q1 2025, compared to $8.0 million for Q4 2025 and $6.2 million for Q1 2025 .
• Return on Average Equity (ROE) was 10.74% for Q1 2026, while Return on Average Assets (ROA) was 0.97% .

Net Interest Income and Margin

• Net Interest Margin (NIM) increased by 5 basis points (bps) for Q1 2026 compared to Q1 2025, but decreased by 16 bps to 2.69% compared to 2.85% in the prior quarter .
• Cost of Funds declined by 34 bps compared to Q1 2025 and 15 bps compared to Q4 2025 .
• Net interest income totaled $13.3 million for Q1 2026, decreasing $1.0 million (7.0%) from $14.3 million in the prior quarter, but increasing $411,000 (3.2%) from $12.9 million in Q1 2025 .
• A $5.0 million loan placed on nonaccrual status resulted in a $528,000 decline in interest income and an 11 bps decline in NIM and average yield on loans during Q1 2026 .

Noninterest Income

• Noninterest income increased by $281,000 (23%) to $1.5 million in Q1 2026 compared to Q1 2025, primarily driven by a $172,000 (26%) increase in Customer Fees, including Treasury Management products and services .
• Noninterest income also increased by $64,000 (4.5%) compared to $1.4 million in the prior quarter .
• Net gain on sales of residential mortgage loans was $145,000 in Q1 2026, up from $114,000 in Q1 2025 .
• Swap fee income was $30,000 in Q1 2026, up from $0 in Q1 2025 .

Noninterest Expense

• Noninterest expense totaled $8.3 million for Q1 2026, increasing $569,000 (7.4%) compared to $7.7 million in the prior quarter .
• The increase was primarily due to a $545,000 increase in salaries and employee benefits, driven by higher payroll tax and 401(k) match expenses in the first quarter .
• Compared to Q1 2025, noninterest expense increased $357,000 (4.5%) from $8.0 million, mainly due to a $292,000 increase in advertising and promotion expense .

Loans and Asset Quality

• Gross loans and leases totaled $1.8 billion at March 31, 2026, an increase of $23.4 million (1.3%) from December 31, 2025 . This increase was primarily driven by commercial real estate, commercial and industrial (C&I), and construction loan balances .
• Core Commercial Net Loan Growth totaled $45 million in Q1, representing an annualized growth rate of 15% .
• Nonaccrual loans were $20.3 million (1.14% of total loans) at March 31, 2026, an increase of $5.0 million from December 31, 2025, and $5.8 million from March 31, 2025 . The increase included a $5.0 million non-core C&I loan .
• Loans 30 days or more past due totaled $17.5 million at March 31, 2026, compared to $12.9 million at December 31, 2025, and $11.4 million at March 31, 2025 .
• The allowance for credit losses on loans and leases totaled $18.6 million at March 31, 2026, up from $17.7 million at December 31, 2025, and $17.8 million at March 31, 2025 . The ratio of allowance to total loans was 1.05% at March 31, 2026 .
• Provision for credit losses expense was $604,000 for Q1 2026, compared to $1.2 million for Q4 2025, and $582,000 for Q1 2025 .
• Net charge-offs for Q1 2026 totaled $16,000, significantly lower than $131,000 in the prior quarter and $23,000 in Q1 2025 .

Deposits and Capital

• Deposits totaled $1.8 billion at March 31, 2026, an increase of $28.8 million (1.6%) from December 31, 2025, and $25.8 million (1.4%) from March 31, 2025 .
• Stockholders’ equity totaled $189.0 million at March 31, 2026, an increase of $4.6 million (2.5%) from December 31, 2025, and $16.3 million (9.4%) from March 31, 2025 .
• CF Bankshares Inc.’s capital position remains strong with a Tier 1 Leverage ratio of 11.76% and a Total Capital Ratio of 15.15% .
• Book value per common share increased to $28.20 as of March 31, 2026 .

Outlook / Guidance

CF Bankshares Inc. anticipates interest income benefits from Q1 net loan growth to begin in Q2 2026, supported by strong commercial loan and deposit pipelines expected to drive continued solid growth within the Commercial Bank . The company also expects increasing earnings from focused investments in fee-generating activities . Furthermore, declining loan payoffs in subsequent quarters, combined with increased deal flow, are believed to lead to greater size and scale moving forward .