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viewChesapeake Financial Shares Inc.

Chesapeake reveals record earnings in 2020 due to asset growth and strong mortgage market

Chesapeake Financial Shares Inc (OTCQX:CPKF) CEO Jeff Szyperski tells Proactive that asset growth and a strong mortgage market helped it post record earnings for the 2020 calendar year, leading it to increase its quarterly dividend.

Szyperski says despite the challenges of the pandemic, last year to end-December, earnings came in at $11,749,391, which was a 3.1% increase compared to 2019.

Quick facts: Chesapeake Financial Shares Inc.

Price: 23.5 USD

OTCQX:CPKF
Market: OTCQX
Market Cap: $113.52 m
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on 01/05/2021

2 min read