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	64.2M	73.2M	78.5M	63.0M	19.8M
Gross Profit	60.5M	52.7M	43.7M	48.7M	50.5M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	13.4M	3.6M	17.2M	17.9M	17.5M
General & Admin Expense	13.0M	3.2M	17.0M	17.6M	17.1M
Selling & Marketing Expense	420.0K	418.0K	134.0K	336.0K	431.0K
Other Expenses	19.8M	27.6M	10.4M	9.8M	10.4M
Total Operating Expenses	33.2M	31.2M	27.5M	27.8M	27.9M
Cost and Expenses	97.3M	104.4M	106.0M	90.7M	47.7M
Operating Income (EBIT)	27.4M	21.5M	16.1M	21.0M	22.6M
Non-Operating
Interest Income	118.3M	120.0M	117.7M	107.7M	67.4M
Interest Expense	60.9M	65.0M	71.7M	60.6M	19.0M
Net Interest Income	57.4M	55.0M	46.0M	47.0M	48.4M
Other Non-Op Income/Expense	—	—	—	—	—
Non-Operating Income (excl Interest)	—	—	—	—	—
EBT (Pre-Tax Income)	27.4M	21.5M	16.1M	21.0M	22.6M
Income Tax Expense	4.7M	4.0M	2.8M	4.0M	4.4M
Bottom Line
Net Income	22.5M	17.0M	13.4M	16.9M	18.2M
Earnings from Cont. Ops	22.7M	17.5M	13.4M	16.9M	18.2M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	22.1M	17.0M	13.0M	16.9M	18.2M
Per Share
Basic EPS	$3.48	$2.70	$2.08	$2.64	$2.84
Diluted EPS	$3.46	$2.69	$2.06	$2.63	$2.78
Revenue Per Share	$19.46	$20.02	$19.47	$17.39	$10.99
Shares
Basic Shares Outstanding	6.4M	6.3M	6.3M	6.4M	6.4M
Diluted Shares Outstanding	6.5M	6.3M	6.3M	6.4M	6.5M
Profitability Metrics
EBITDA	27.7M	22.0M	16.6M	21.6M	23.1M
D&A	365.0K	476.0K	486.0K	567.0K	496.0K
EBIT	27.4M	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 Sep 1, 2026