Camco Financial Corporation (CAFI) news stock charts
Camco Financial Corporation (CAFI) Investment Summary:
Camco Financial Corporation (“Camco”) is a financial holding company that was organized under Delaware law in 1970. Camco is engaged in the financial services business in Ohio, Kentucky and West Virginia, through its wholly-owned subsidiaries, Advantage Bank and Camco Title Agency, Inc. In June 2001, Camco completed a reorganization in which it combined its banking activities under one Ohio savings bank charter known as Advantage Bank (“Advantage” or the “Bank”). Prior to the reorganization, Camco operated five separate banking subsidiaries serving distinct geographic areas. The branch office groups in each of the regions previously served by the subsidiary banks, except for the Bank’s Ashland, Kentucky, division, which was sold in 2004, now operate as regions of Advantage. In 2003, Camco dissolved its second tier subsidiary, Camco Mortgage Corporation, and converted its offices into branch offices of the Bank. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f17%2f0000950152-08-001980.html#FIS_BUSINESS"CAMCO FINANCIAL CORP (CAFI:NASDAQ)
Snapshot of CAMCO FINANCIAL CORP (CAFI)
|
OPEN
$3.03
|
PREVIOUS CLOSE
$3.09
|
|
|
DAY HIGH
$3.03
|
DAY LOW
$2.82
|
|
|
52 WEEK HIGH
04/27/09 - $5.59
|
52 WEEK LOW
03/16/09 - $1.22
|
|
|
MARKET CAP
20.3M
|
AVERAGE VOLUME 10 D
5.4K
|
|
|
EPS TTM
$-1.48
|
SHARES OUTSTANDING
7.2M
|
|
|
EX-DATE
04/30/09
|
P/E TTM
--
|
|
|
DIVIDEND
--
|
DIVIDEND YIELD
0.35%
|
|
| K = Thousands M = Millions B = Billions | ||
Key developments for CAMCO FINANCIAL CORP (CAFI)
Camco Financial Corp. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2009. The company announced a loss of $11.8 million or $1.64 per basic and diluted share for the three months ending December 31, 2009 as compared to a net loss of $15.8 million or $2.20 per basic and diluted share for the same period in 2008. The decline in earnings during the fourth quarter reflects current economic conditions and the recognition of losses identified in certain larger impaired commercial real estate relationships. The company reported loss before provision for income taxes of $18.236 million on interest income of $9.670 million and net interest income of $6.222 million compared to loss before provision for income taxes of $20.615 million on interest income of $11.752 million and net interest income of $6.197 million for the same period of last year. For the year ended December 31, 2009 the Company reported a loss of $11.2 million or $1.56 per basic and diluted share, as compared to a loss of $15.3 million or $2.14 per basic and diluted share, for the prior year. Book value per common share was $8.40 as of December 31, 2009 compared to book value per common share of $10.02 as of December 31, 2008. The company reported loss before provision for income taxes of $17.514 million on interest income of $40.231 million and net interest income of $24.130 million compared to loss before provision for income taxes of $20.440 million on interest income of $50.446 million and net interest income of $25.809 million for the same period of last year. Net charge-offs totaled $16.3 million for the fourth quarter 2009 compared to $3.4 million for the third quarter 2009.
Camco Financial Corp. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. The company reported earnings for the quarter ended September 30, 2009 of $355,000 or $0.05 per basic and diluted share compared to net income of $1.1 million or $0.15 per basic and diluted share during the third quarter of 2008. Book value per common share was $10.08 as of September 30, 2009 compared to book value per common share of $12.10 as of September 30, 2008. The company reported earnings before provision for income taxes of $102,000 on total interest income of $10,987,000 and net interest income of $6,179,000 compared to earnings before provision for income taxes of $1,294,000 on total interest income of $14,107,000 and net interest income of $6,666,000 for the same period of last year. The company reported return on average assets of 0.16% and return on average equity of 1.97% compared to return on average assets of 0.42% and return on average equity of 4.98% for the same period of last year. For the nine months, the company reported earnings before provision for income taxes of $722,000 and net income of $591,000 or $0.08 per basic and diluted share on total interest income of $34,108,000 and net interest income of $17,908,000 compared to earnings before provision for income taxes of $175,000 and net income of $439,000 or $0.06 per basic and diluted share on total interest income of $43,506,000 and net interest income of $19,612,000 for the same period of last year. The company reported return on average assets of 0.08% and return on average equity of 1.09% compared to return on average assets of 0.06% and return on average equity of 0.67% for the same period of last year. Net loans charged-off for the quarter totaled $3.4 million or 2.09% of average loans annualized.
Camco Financial Corp. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2009. For the quarter, the company reported pre tax earnings were $463,000 compared to $543,000 during second quarter 2008. Earnings net of tax were $2,000 compared to $373,000 or $0.05 basic and diluted per share during the second quarter 2008. Earnings were significantly affected by an accrual for industry-wide FDIC special assessment totaling $448,000 and increased federal income taxes of $433,000 related to the surrender of bank owned life insurance, both being nonrecurring in nature. Total interest income was $11.2 million against $14.3 million for the same quarter a year ago period. Net interest income was $5.8 million against $6.6 million for the same quarter a year ago period. Earnings before provision for income taxes were $463,000 against $543,000 for the same quarter a year ago period. Net interest income after provision for loan losses was $5.1 million against $5.6 million for the same quarter a year ago period. Return on average equity was 0.01% against 1.73% for the same quarter a year ago period. Return on average assets was 0.00% against 0.14% for the same quarter a year ago period. For the six-month period, the company reported net income was $237,000 or $0.03 basic and diluted per share compared to a net loss of $630,000 or $0.09 basic and diluted loss per share for the same period in 2008. Total interest income was $23.1 million against $29.4 million for the same period a year ago. Net interest income was $11.7 million against $12.9 million for the same period a year ago. Earnings before provision for income taxes were $620,000 against $1.12 million for the same period a year ago. Net interest income after provision for loan losses was $10.3 million against $9.8 million for the same period a year ago. Return on average equity was 0.66% against negative return on average equity of 1.44% for the same period a year ago. Return on average assets was 0.05% against negative return on average assets of 0.12% for the same period a year ago. Book value per share was $9.98 against $12.00 per share as at June 30, 2009.
Camco Financial Corporation financial resources
CAFI Competitors
| Company | Last | Change | |
| No competitor information is available for CAFI. | |||
| Market data is delayed at least 15 minutes. | |||
Industry Analysis
| Valuation | CAFI | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 2.1x |
|
| Price/Book | 0.3x |
|
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | NM | Not Meaningful |
|
CAFI |
||
CAFI transactions
| Type Date |
Target | |
| No transactions in the last 6 months. | ||
More Recent Financial News About Camco Financial Corporation
CAMCO FINANCIAL CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhi
Read article
Camco Financial Promotes Olson to SVP Residential Lending
Read article
Camco Financial Promotes Olson to SVP Residential Lending
Read article
Camco Financial Promotes Olson to SVP Residential Lending
Read article
CAMCO FINANCIAL CORP Files SEC form 8-K, Regulation FD Disclosure
Read article
CAMCO FINANCIAL CORP Files SEC form 8-K/A, Change in Directors or Principal Officers
Read article
CAMCO FINANCIAL CORP Files SEC form 8-K, Change in Directors or Principal Officers
Read article
CAMCO FINANCIAL CORP Files SEC form 8-K, Regulation FD Disclosure
Read article
CAMCO FINANCIAL CORP Files SEC form 10-Q, Quarterly Report
Read article
CAMCO FINANCIAL CORP Files SEC form 10-Q, Quarterly Report
Read article
CAMCO FINANCIAL CORP Files SEC form 8-K, Entry into a Material Definitive Agreement
Read article
CAMCO FINANCIAL CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhi
Read article
CAMCO FINANCIAL CORP Files SEC form 8-K, Other Events
Read article
CAMCO FINANCIAL CORP Files SEC form 8-K, Change in Directors or Principal Officers
Read article