Dividend Power Score
A single, comprehensive score designed to measure the true strength of a company’s dividend.
This score combines three essential pillars of dividend quality:
Consistency – Measures how reliable the dividend has been over time, focusing on payment history, stability, and the absence of cuts or suspensions.
Payability – Assesses the company’s financial ability to sustain its dividend, taking into account cash flow, earnings coverage, balance sheet strength, and overall financial health.
Growth – Evaluates the long-term growth of both the dividend and the company’s share price, highlighting businesses that consistently increase payouts while creating shareholder value.
Higher scores identify companies that have historically delivered dependable income alongside sustained dividend growth and long-term capital appreciation.
Company Overview
CF Bankshares Inc. is a publicly traded bank holding company that operates through its wholly owned subsidiary, CF Bank, National Association. The company operates in the regional banking and financial services industry, providing commercial and consumer banking products primarily to small and mid-sized businesses, professionals, and individual customers. Its core offerings include commercial and industrial loans, commercial real estate lending, residential mortgage loans, and a range of deposit products.
Founded in 1892 as The Citizens Banking Company, the institution evolved over more than a century from a community bank into a multi-market regional banking platform. The holding company structure was established in 1997, and the company later rebranded as CF Bankshares Inc. Its strategic positioning emphasizes relationship-based banking, local market expertise, and disciplined credit underwriting within select Midwest and Southeast markets.
Business Operations
CF Bankshares generates revenue primarily through interest income from lending activities and non-interest income from banking services, including deposit accounts, treasury management, and mortgage banking. Its principal operating segment is traditional community and commercial banking conducted through CF Bank, National Association, which represents substantially all consolidated assets and operations.
The company conducts both commercial and retail banking operations, with a focus on commercial real estate, owner-occupied real estate, construction lending, and business loans. Mortgage banking activities include the origination and sale of residential mortgage loans into the secondary market. Operations are predominantly domestic, and the company does not maintain material international subsidiaries or foreign operations based on publicly available disclosures.
Strategic Position & Investments
CF Bankshares’ strategy centers on measured organic growth, selective market expansion, and maintaining strong asset quality and capital ratios. Growth initiatives have historically included opening de novo branches in attractive regional markets and expanding commercial lending teams rather than pursuing large-scale transformational acquisitions.
The company has completed targeted acquisitions in prior years to enter new markets or deepen its presence in existing regions, integrating acquired branches into CF Bank, National Association. It does not operate a diversified portfolio of non-banking subsidiaries and has limited exposure to emerging financial technologies, instead prioritizing core banking capabilities, risk management, and customer relationship continuity.
Geographic Footprint
CF Bankshares is headquartered in Ohio, with its corporate offices located in Columbus. Through CF Bank, National Association, the company operates branch locations and lending offices across Ohio, Indiana, Kentucky, and Tennessee, representing its primary regional footprint in the Midwestern and Southeastern United States.
The bank’s geographic strategy focuses on metropolitan and suburban markets with stable demographics and business formation activity. All operations are conducted within the United States, and the company does not report material cross-border operations or international investments.
Leadership & Governance
CF Bankshares is led by an executive team with long-standing experience in community and regional banking, emphasizing conservative credit culture, regulatory compliance, and shareholder value creation. Governance is overseen by a board of directors with backgrounds in banking, finance, and regional business leadership.
Key executives include:
- Timothy T. O’Dell – Chairman and Chief Executive Officer
- Steven K. Duscher – President
- Andrew J. Stover – Chief Financial Officer
- Michael L. Bischof – Chief Credit Officer
- Patrick M. O’Brien – Chief Risk Officer
The leadership philosophy emphasizes prudent balance sheet management, relationship-driven growth, and maintaining strong regulatory and capital positions consistent with long-term community banking objectives.