Revenue: As of FY2026 Q2, the actual value is USD 31.72 M.

EPS: As of FY2026 Q2, the actual value is USD 0.9, beating the estimate of USD 0.89.

EBIT: As of FY2026 Q2, the actual value is USD 7.263 M.

Net Income

Net income for the second quarter of 2026 was $5.9 million ($0.90 per diluted common share), an 18% increase over the first quarter of 2026. This compares to $5.0 million ($0.77 per diluted common share) for the three months ended March 31, 2026, and $5.0 million ($0.77 per diluted common share) for the three months ended June 30, 2025. Net income for the six months ended June 30, 2026, totaled $10.9 million ($1.67 per diluted common share), compared to $9.5 million ($1.45 per diluted common share) for the six months ended June 30, 2025.

Pre-Provision, Pre-Tax Net Revenue (PPNR)

PPNR for Q2 2026 was $8.2 million, representing a 26% increase over Q1 2026. PPNR for the three months ended June 30, 2026, was $8.2 million, compared to $6.5 million for the three months ended March 31, 2026, and $7.8 million for the three months ended June 30, 2025. PPNR for the six months ended June 30, 2026, was $14.7 million, compared to $14.0 million for the six months ended June 30, 2025.

Net Interest Income and Net Interest Margin (NIM)

Net interest income totaled $14.8 million for Q2 2026, increasing $1.5 million (11.4%) compared to $13.3 million in the prior quarter, and increasing $843,000 (6.0%) compared to $14.0 million in Q2 2025. The NIM was 2.93% for Q2 2026, an increase of 24bps compared to 2.69% in the prior quarter, and an increase of 10bps compared to 2.83% in Q2 2025. The increase in net interest income from the prior quarter was primarily due to a $1.9 million (6.7%) increase in interest income, partially offset by a $368,000 (2.5%) increase in interest expense. A $370,000 prepayment penalty fee income from a commercial loan early payoff positively impacted NIM by 7bps for the quarter.

Noninterest Income

Noninterest income for Q2 2026 totaled $1.7 million, an increase of $214,000 (14.4%) compared to $1.5 million in the prior quarter. This increase was primarily driven by a $184,000 increase in Swap Fees and a $78,000 increase in Customer Fees, including Treasury Management products and services. Noninterest income increased $121,000 (7.7%) compared to $1.6 million in Q2 2025, primarily due to a $196,000 increase in service charges on deposit accounts.

Noninterest Expense

Noninterest expense for Q2 2026 totaled $8.3 million, increasing $27,000 (0.3%) compared to $8.3 million in the prior quarter, and increasing $584,000 (7.5%) compared to $7.8 million in Q2 2025. The increase compared to Q2 2025 was mainly due to a $371,000 increase in salaries and benefits (driven by incentive compensation) and a $165,000 increase in other noninterest expense (including a $90,000 loss on asset disposal from a branch closure).

Provision for Credit Losses

Provision for credit losses expense was $944,000 for Q2 2026, compared to $604,000 for Q1 2026 and $1.4 million for Q2 2025. Net recoveries for Q2 2026 totaled $105,000, compared to net charge-offs of $16,000 for the prior quarter and $51,000 for Q2 2025.

Loans and Leases

Gross loans and leases totaled $1.8 billion at June 30, 2026, an increase of $38.1 million (2.1%) from the prior quarter and $61.5 million (3.5%) from December 31, 2025. Commercial Loan Fundings were $135 million in Q2, resulting in Net Commercial Loan growth of $52 million for the quarter. The increase from the prior quarter was primarily due to a $52.9 million increase in commercial real estate loan balances and a $1.6 million increase in commercial and industrial (C&I) loan balances, partially offset by decreases in single-family residential, home equity, and construction loan balances.

Asset Quality

Nonaccrual loans were $20.8 million (1.15% of total loans) at June 30, 2026, an increase of $522,000 from $20.3 million at March 31, 2026, and $5.5 million from $15.3 million at December 31, 2025. Loans 30 days or more past due totaled $20.4 million at June 30, 2026, compared to $17.5 million at March 31, 2026, and $12.9 million at December 31, 2025. The allowance for credit losses on loans and leases totaled $19.4 million at June 30, 2026, with a ratio to total loans and leases of 1.07%, compared to 1.05% at March 31, 2026, and 1.01% at December 31, 2025.

Deposits

Deposits totaled $1.8 billion at June 30, 2026, an increase of $19.2 million (1.1%) from March 31, 2026, and $48.0 million (2.7%) from December 31, 2025. Noninterest bearing (NIB) deposit balances grew by $33 million (14%) during the quarter. Total Core Deposits (excluding brokered deposits) increased $91 million (6%). Approximately 32.0% of deposit balances exceeded the FDIC insurance limit at June 30, 2026, up from 29.8% at March 31, 2026, and 29.5% at December 31, 2025.

Capital

Stockholders’ equity totaled $194.3 million at June 30, 2026, an increase of $5.4 million (2.9%) from $189.0 million at March 31, 2026, and $9.9 million (5.4%) from $184.4 million at December 31, 2025. Book value per share increased to $29.04 as of June 30, 2026. CFBank’s capital position remains strong with a Tier 1 Leverage Ratio of 11.64% and a Total Capital Ratio of 14.76%. The increase in stockholders’ equity was primarily attributed to net income, partially offset by $586,000 in dividend payments.

Key Ratios

Return on Average Equity (ROE) was 12.31% for Q2 2026. Return on Average Assets (ROA) was 1.11%. The Efficiency Ratio improved to 50.4% compared to 56.1% for the prior quarter.

Outlook / Guidance

CF Bankshares Inc. anticipates increasing size and scale, supported by strong Commercial Loan Pipelines, to be further accretive to Core Earnings during the second half of 2026. The company expects added fee income contribution from the expansion of residential mortgage salable loan volumes and business during the second half of the year. Net Interest Margin (NIM) is projected to remain a challenge, leading the Treasury Management group to focus on sourcing low-cost deposits.