CF BANKSHARES INC. (CFBK) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: May 11, 2026

Risk Assessment Details

Potential Dilution: 20.51% of current shares
Recent Dilution: 28.0% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
6.3M
Potential Supply
1.3M
Additional shares possible
Splits
None
Past 2 years

Summary

CFBK currently has 6.31M outstanding shares. with moderate dilution risk from 1.29M authorized shares representing 20.5% potential dilution. The company has significantly diluted shareholders by 28.0% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 11, 2026

10-Q filing | 6.3M shares outstanding

6.3M 1.3M
Mar 12, 2026

10-K filing | 6.3M shares outstanding

6.3M 1.3M
Dec 18, 2025

8-K filing: CF Bankshares Inc. extended its stock repurchase program to August 15, 2026, authorizing the repurchase of up to 325,000 shares, or approximately 5% of the Company's outstanding common stock.

6.3M 1.3M
Nov 07, 2025

10-Q filing | 6.3M shares outstanding

6.3M 1.3M
Oct 06, 2025

8-K filing: CF Bankshares Inc. reports a change in shares outstanding due to the conversion of Non-Voting Common Stock into Voting Common Stock.

6.4M 1.2M
Sep 16, 2025

8-K filing: CF Bankshares Inc. reports changes in shares outstanding due to the issuance of Voting Common Stock upon conversion of Non-Voting Common Stock, offset by the purchase of treasury shares and forfeitures of restricted shares.

6M 1.6M
Aug 08, 2025

10-Q filing | 6.3M shares outstanding

6.3M 1.3M
May 12, 2025

10-Q filing | 5.2M shares outstanding

5.2M 2.4M
Mar 14, 2025

10-K filing | 5.1M shares outstanding

5.1M 2.5M
Feb 04, 2025

8-K filing: CF Bankshares Inc. authorized a new stock repurchase program to repurchase up to 325,000 shares of its common stock, representing approximately 5% of the Company's outstanding common stock, on or before January 31, 2026.

5.1M 2.5M
Jan 21, 2025

S-3/A filing: This prospectus relates to the resale from time to time by the securityholders named in this prospectus of up to 1,260,700 shares of our non-voting common stock and up to 1,260,700 shares of our (voting) common stock issuable upon conversion of shares of Non-Voting Common Stock.

5.1M 2.5M
Jan 07, 2025

S-3 filing: This prospectus relates to the resale from time to time by the securityholders named in this prospectus of up to 1,260,700 shares of our non-voting common stock, par value $0.01 per share, and up to 1,260,700 shares of our (voting) common stock, par value $0.01 per share, issuable upon conversion of shares of Non-Voting Common Stock.

5.1M 2.5M
Nov 13, 2024

10-Q filing | 5.1M shares outstanding

5.1M 0
Aug 14, 2024

10-Q filing | 5.1M shares outstanding

5.1M 0
May 31, 2024

8-K filing: CF Bancshares Inc. issued 160 shares of Series D Preferred Stock in exchange for 16,000 shares of Voting Common Stock on May 29, 2024.

5.1M 0
May 14, 2024

10-Q filing | 5.1M shares outstanding

5.1M 0
Apr 15, 2024

S-3 filing: CF Bankshares Inc. may offer from time to time to sell, in one or more series, and in any combination, the securities described in this prospectus up to $35,000,000 in the aggregate.

5.1M 0
Mar 29, 2024

10-K filing | 5.1M shares outstanding

5.1M 0
Nov 13, 2023

10-Q filing | 5.3M shares outstanding

5.3M 0
Aug 11, 2023

10-Q filing | 5.3M shares outstanding

5.3M 0
Jul 05, 2023

8-K filing: CF Bankshares Inc. authorized a new stock repurchase program to repurchase up to 250,000 shares of the Company's outstanding common stock on or before June 30, 2024.

5.3M 0
May 15, 2023

10-Q filing | 5.3M shares outstanding

5.3M 0
Mar 31, 2023

10-K filing | 5.3M shares outstanding

5.3M 0
Nov 09, 2022

10-Q filing | 5.2M shares outstanding

5.2M 0
Aug 29, 2022

8-K filing: CF Bankshares Inc. purchased a block of 83,333 shares of its (Voting) Common Stock for $21.00 per share from a non-affiliated shareholder in a privately-negotiated transaction.

5.3M 0
Aug 09, 2022

10-Q filing | 5.3M shares outstanding

5.3M 0
May 10, 2022

10-Q filing | 5.2M shares outstanding

5.2M 0
Mar 16, 2022

10-K filing | 5.3M shares outstanding

5.3M 0
Nov 15, 2021

10-Q filing | 5.3M shares outstanding

5.3M 0
Aug 16, 2021

10-Q filing | 5.4M shares outstanding

5.4M 0
May 12, 2021

10-Q filing | 5.4M shares outstanding

5.4M 0
Mar 23, 2021

10-K filing | 5.4M shares outstanding

5.4M 0
Nov 10, 2020

10-Q filing | 5.3M shares outstanding

5.3M 0
Aug 12, 2020

10-Q filing | 5.3M shares outstanding

5.3M 0
May 13, 2020

10-Q filing | 5.3M shares outstanding

5.3M 0
Mar 16, 2020

10-K filing | 5.4M shares outstanding

5.4M 0
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