On behalf of Chesapeake Financial Shares Inc., parent company of both Chesapeake Bank and Chesapeake Wealth Management, chairman of the board and chief executive officer Jeffrey M. Szyperski recently reported earnings for the first quarter of 2024 of $2,749,988, a 303.9% increase from the fourth quarter of 2023.
The reported earnings per share were $0.583 fully diluted as compared to $0.192 for the fourth quarter of 2023. Total assets ended the quarter at $1,511,866,477, up $40.8 million from year-end. Nonperforming assets were….
