Added to YB: 2025-06-03
Pitch date: 2025-06-01
CPKF [bullish]
Chesapeake Financial Shares, Inc.
+1.25%
current return
Author Info
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Company Info
Chesapeake Financial Shares, Inc. operates as the bank holding company for Chesapeake Bank that provides various banking products and services for individuals and businesses in the United States.
Market Cap
$96.3M
Pitch Price
$20.74
Price Target
N/A
Dividend
3.08%
Sector
Banks
Category
value
Chesapeake Financial Shares (CPKF): Cheap based on forward P/E and adjusted book value
CPKF: VA bank at 8.0x P/E, 0.5x adjusted BV. 16 branches + growing wealth mgmt ($5M rev). 3.3% dividend yield never cut since 2006. Hidden gains of $71M on balance sheet (fair value). Recent Q1 $4.5M loss on securities swap, but yields +3% on $75M = $2.25M/yr higher future earnings. Governance concerns: CEO=Chairman, too many long-term directors.
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