Press "Enter" to skip to content

Chesapeake reports $5.57M in quarterly earnings

Chesapeake Financial Shares Inc. (parent company of both Chesapeake Bank and Chesapeake Wealth Management) has reported earnings of $5.57 million for the third quarter of 2026, compared to $4.85 million for the same financial period in 2025, according to Jeffrey M. Szyperski, Chesapeake Financial Shares chairman of the board and CEO. The reported earnings per share were $1.186 fully diluted as compared to $1.029 for the third quarter of 2025. The company continues to experience strong organic growth. Total assets ended the quarter at $1,741,726,178, a 6.4 percent increase from Sept. 30, 2025. Nonperforming assets were 0.246 percent as of Sept. 30, 2026 compared to 0.493 percent at Sept. 30, 2025; these percentages are both well below peer group percentages, a release stated. Quarterly dividend At the Oct. 16 Chesapeake Financial Shares Board of Directors meeting, the board declared a quarterly dividend of $0.20 per share effective Dec. 1, 2026, payable on or before Dec. 15. This is an ...

To view the rest of this article, you must log in. If you do not have an account with us, please subscribe here.