#USA #Columbus, Ohio #CFBank #CFBK #Russell 3000

CF Bankshares Inc. Announces 14% Dividend Increase

CF Bankshares Inc., the parent company of CFBank, NA, has made headlines with its recent announcement regarding a notable increase in its quarterly cash dividend. This positive financial news comes alongside the company's successful addition to the widely recognized Russell 3000® Index.

On July 1, 2025, the Board of Directors declared a quarterly cash dividend of $0.08 per share for common stockholders and $8.00 per share for Series D preferred stockholders. This marks a remarkable 14% increase compared to the previous dividend, reflecting the company's ongoing commitment to delivering value to its shareholders. The new dividend will be payable on July 21, 2025, to those who are shareholders as of the close of business on July 11, 2025.

Membership in the Russell 3000® Index

In an exciting development, CF Bankshares Inc. has gained membership in the Russell 3000® Index, effective June 30, 2025. This index is essential for many investment managers and institutional investors, serving as a benchmark for various investment strategies. Being added to such a prestigious index is a significant achievement, showcasing the company’s growth and stability in the financial sector.

Timothy T. O'Dell, President and CEO of CF Bankshares, expressed his satisfaction regarding the dividend increase and the Russell 3000® Index inclusion, stating, "We are pleased to reward our shareholders with a 14% increase in our dividend, which enhances total shareholder returns." O'Dell further added, "Both our joining the Russell Index and the increase in the Dividend reflect upon the continuing growth and successes of our CFBank franchise."

About CF Bankshares Inc. and CFBank

CF Bankshares Inc. operates as a holding company, owning 100% of CFBank, National Association, which is a boutique commercial bank primarily focused on urban markets within Ohio and Indiana, including Columbus, Cleveland, Cincinnati, Akron, and Indianapolis. Having been recapitalized during the 2012 financial crisis, CFBank has since transformed its operations, successfully implementing a full-service commercial banking model. The company has demonstrated exceptional growth with a compound annual growth rate (CAGR) exceeding 20% since that time.

CFBank is dedicated to addressing the financial needs of closely held businesses and entrepreneurs through a wide array of banking services including commercial, retail, and mortgage lending. CFBank stands out due to its personalized approach to customer service, allowing clients direct access to decision-makers and simplifying banking processes. Its model combines the capabilities of larger banks without the associated bureaucracy, making it a unique player in the financial landscape.

As CF Bankshares continues to grow and expand its footprint, the recent announcements highlight its positive trajectory and commitment to shareholder value. This news not only elevates the company's status among investors but also reinforces the trust and support of its client base.

For more information about CF Bankshares Inc. and its range of financial services, you can visit www.CF.Bank.