OverviewSuggest Edit

Central Federal Corporation is a bank holding company operating through CFBank. CFBank is a community-oriented national bank offering a variety of financial services: online internet banking, mobile banking, remote deposit and corporate treasury management. In addition, CFBank provides residential lending and full-service retail banking services and products.

TypePublic
Founded1892
HQWorthington, US
Websitecfbankonline.com

Latest Updates

Employees (est.) (Feb 2019)62
Revenue (FY, 2018)$27.6 M(+54%)
Share Price (Mar 2019)$12.9

Key People/Management at Central Federal Corporation

Bob Hoeweler

Bob Hoeweler

Chairman of the Board
Timothy T. O'Dell

Timothy T. O'Dell

President & CEO
John Helmsdoerfer

John Helmsdoerfer

Evp & CFO
Barb Pyke

Barb Pyke

Executive Assistant
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Central Federal Corporation Office Locations

Central Federal Corporation has an office in Worthington
Worthington, US (HQ)
7000 N High St
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Central Federal Corporation Financials and Metrics

Central Federal Corporation Revenue

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Central Federal Corporation's revenue was reported to be $27.60 m in FY, 2018
USD

Revenue (FY, 2018)

27.6m

Gross profit (FY, 2018)

20.6m

Gross profit margin (FY, 2018), %

74.7%

Net income (FY, 2018)

4.3m

EBIT (FY, 2018)

17.9m

Market capitalization (18-Mar-2019)

55.3m

Closing stock price (18-Mar-2019)

12.9

Cash (31-Dec-2018)

67.3m

EV

2.8m
Central Federal Corporation's current market capitalization is $55.3 m.
Annual
USDFY, 2013FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

9.4m13.8m15.6m18.0m27.6m

Revenue growth, %

13%

Cost of goods sold

2.1m2.6m3.1m3.5m7.0m

Gross profit

7.3m11.1m12.5m14.4m20.6m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

2.1m2.4m2.8m3.4m3.4m3.6m3.5m3.7m3.9m4.1m4.0m4.4m4.6m5.6m6.6m7.3m

Cost of goods sold

538.0k442.0k435.0k482.0k582.0k657.0k685.0k692.0k735.0k798.0k791.0k782.0k893.0k1.2m1.5m1.9m

Gross profit

1.6m2.0m2.4m2.9m2.8m2.9m2.8m3.0m3.1m3.3m3.2m3.6m3.7m4.4m5.1m5.3m

Gross profit Margin, %

74%82%85%86%83%82%80%81%81%80%80%82%81%79%77%73%
Annual
USDFY, 2013FY, 2015FY, 2016FY, 2017FY, 2018

Cash

19.2m25.9m57.9m45.5m67.3m

PP&E

3.5m3.6m3.4m3.5m3.9m

Total Assets

255.7m351.3m436.1m481.4m665.0m

Accounts Payable

208.3m290.5m375.4m419.0m579.8m
Annual
USDFY, 2013FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(918.0k)4.5m1.6m1.3m4.3m

Depreciation and Amortization

205.0k211.0k211.0k208.0k248.0k

Cash From Operating Activities

(4.1m)5.1m1.8m4.0m(11.8m)

Cash From Investing Activities

(43.5m)(39.0m)(52.6m)(59.4m)(143.8m)
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Net Income

(1.7m)(214.0k)(116.0k)170.0k251.0k718.0k1.0m316.0k738.0k1.2m404.0k960.0k1.6m792.0k

Depreciation and Amortization

161.0k52.0k122.0k179.0k52.0k104.0k157.0k53.0k107.0k159.0k51.0k101.0k150.0k59.0k

Cash From Operating Activities

(4.9m)41.0k2.6m(1.4m)2.2m3.6m5.6m773.0k217.0k1.7m2.0m2.6m464.0k(7.2m)

Cash From Investing Activities

(10.5m)(1.0m)(39.7m)(39.1m)(9.0m)(26.7m)(28.5m)(3.4m)(25.8m)(30.7m)(16.1m)(19.6m)(40.7m)(15.7m)
USDY, 2018

EV/EBIT

0.2 x

EV/CFO

-0.2 x

Revenue/Employee

460.0k

Financial Leverage

14.6 x
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Central Federal Corporation Online and Social Media Presence

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Central Federal Corporation News and Updates

Central Federal Corporation Announces 1-for-5.5 Reverse Stock Split

WORTHINGTON, Ohio, Aug. 20, 2018 /PRNewswire/ -- Central Federal Corporation (NASDAQ: CFBK) (the "Company"), the parent company of CFBank, National Association, today announced a reverse stock split of its issued and outstanding shares of common stock at a ratio of 1-for-5.5. The...
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Central Federal Corporation Frequently Asked Questions

  • When was Central Federal Corporation founded?

    Central Federal Corporation was founded in 1892.

  • Who are Central Federal Corporation key executives?

    Central Federal Corporation's key executives are Bob Hoeweler, Timothy T. O'Dell and John Helmsdoerfer.

  • How many employees does Central Federal Corporation have?

    Central Federal Corporation has 62 employees.

  • What is Central Federal Corporation revenue?

    Latest Central Federal Corporation annual revenue is $27.6 m.

  • What is Central Federal Corporation revenue per employee?

    Latest Central Federal Corporation revenue per employee is $445.2 k.

  • Who are Central Federal Corporation competitors?

    Competitors of Central Federal Corporation include Green Bancorp, Fidelity Southern Corporation and MidWestOne Financial Group.

  • Where is Central Federal Corporation headquarters?

    Central Federal Corporation headquarters is located at 7000 N High St, Worthington.

  • Where are Central Federal Corporation offices?

    Central Federal Corporation has an office in Worthington.

  • How many offices does Central Federal Corporation have?

    Central Federal Corporation has 1 office.