Chesapeake Financial Shares, Inc. (CPKF)
OTCQX OTCQX Primary 
Chesapeake Financial commits to ‘real' human interaction in AI integration: CEO
Chesapeake Financial Shares Inc. (OTCQX:CPKF) is doubling down on its commitment to “real” human interaction with its customers and clients, even as the company is developing a plan to integrate artificial intelligence (AI) into its operations, CEO Jeffrey Szyperski wrote in a letter to shareholder on Monday. “We feel this is a hallmark of what we do and the rapidly changing face of technology makes this all the more important,” Szyperski stated.
Chesapeake Financial focuses on higher-yielding assets to enhance long term value
Chesapeake Financial Shares Inc. (OTCQX:CPKF) CEO Jeffrey Szyperski said a first-quarter net loss was a deliberate step toward strengthening future earnings, as the company repositioned $75 million of its investment portfolio into higher-yielding assets. "The first quarter loss was a proactive move by us to reposition approximately $75 million of investment securities into much higher yields,” Szyperski said in a statement on Tuesday.
Chesapeake CEO reaffirms commitment to communities, eyes next 125 years
Chesapeake Financial Shares Inc. (OTCQX:CPKF) marked its 124th anniversary last week with a shareholder meeting focused on long-term strategy and a candid look at the shifting banking landscape, as the company reported a 12.9% increase in earnings for 2024 over the previous year. CEO Jeffrey Szyperski used the meeting to share not only financial highlights but also broader trends affecting the industry, including merger and acquisition activity, technological advances, and evolving consumer behavior.
Chesapeake Financial promotes DJ Seeterlin to president of Chesapeake Payment Systems
Chesapeake Financial Shares Inc. (OTCQX:CPKF) announced the promotion of DJ Seeterlin to president of Chesapeake Payment Systems, a division that provides merchant acquiring services. Seeterlin, who has been with the bank for 13 years, previously held the position of chief innovation and strategy officer.
Chesapeake Financial Shares reports strong earnings growth for 2024
Chesapeake Financial Shares Inc. (OTCQX:CPKF), the parent company of Chesapeake Bank and Chesapeake Wealth Management, has reported strong earnings growth for 2024. For 2024, the company posted earnings of $11.43 million, up 12.9% over 2023.
Chesapeake Financial names Dede Ramoneda to board of directors
Chesapeake Financial Shares Inc. (OTCQX:CPKF), the parent company of Chesapeake Bank, has appointed Dede Ramoneda to its board of directors, the company announced Monday. Ramoneda brings experience across financial services, energy, and consulting, highlighted by her leadership in corporate transactions and IT strategy.
Chesapeake Financial Shares Adds Dede Ramoneda to Board of Directors
KILMARNOCK, VA / ACCESSWIRE / January 13, 2025 / Chesapeake Financial Shares is pleased to announce the appointment of Dede Ramoneda to its Board of Directors. Ramoneda's exceptional career spans multiple industries, including financial services, energy, and consulting, making her a valuable addition to the Board.
Chesapeake Financial Shares CEO discusses Q3 performance, dividend increase - ICYMI
Chesapeake Financial Shares Inc. (OTCQX:CPKF) this week reported strong financial results for the third quarter, including solid 8.1% loan growth and a 32-year streak of dividend increases. CEO Jeff Szyperski joined Proactive to discuss the report.
Chesapeake Financial reports higher q3 earnings, stabilizes net interest margin amid rate decline
Chesapeake Financial Shares Inc. (OTCQX:CPKF), the parent company of Chesapeake Bank and Chesapeake Wealth Management, told shareholders that the stabilization and slight decline in interest rates has helped the bank to steady its net interest margin. The company reported a 5% rise in earnings for the third quarter of 2024, totaling $2.6 million, up from the $2.5 million reported in the same period last year.
Chesapeake Financial Shares Reports Third Quarter Earnings and Declares Dividend
A "Top Performing" community bank" in the U.S. for the seventeenth consecutive year KILMARNOCK, VA / ACCESSWIRE / October 22, 2024 / On behalf of Chesapeake Financial Shares, Inc. (OTCQX:CPKF)(parent company of both Chesapeake Bank and Chesapeake Wealth Management), Jeffrey M. Szyperski, Chairman of the Board and CEO, reported earnings for the third quarter of 2024 of $2,600,159, 5% higher than the third quarter of 2023.
Chesapeake Bank adds industry veteran to board of directors
Chesapeake Financial Shares Inc. (OTCQX:CPKF) subsidiary Chesapeake Bank has announced the appointment of Ron Andrews to its board of directors. Andrews brings more than 37 years of experience in banking operations across the United States and the United Kingdom, having played a key role in building and leading banking businesses.
Chesapeake Bank Adds Tenured Bank Executive Ron Andrews to Bank's Board of Directors
KILMARNOCK, VA / ACCESSWIRE / October 18, 2024 / Chesapeake Bank (OTCQX:CPKF) is pleased to announce the addition of Ron Andrews to the bank's Board of Directors. Ron is an experienced senior bank operations leader who has built and led banking businesses and operations in the United States and the United Kingdom during the course of his 37-year career.
