Chesapeake Financial Shares reports earnings, declares dividend

On behalf of Chesapeake Financial Shares Inc., parent company of both Chesapeake Bank and Chesapeake Wealth Management, Jeffrey M. Szyperski, chairman of the board and chief executive officer, reported 2025 fourth quarter earnings of $6,454,594 which were over double the fourth quarter of 2024.

Earnings for calendar year 2025 of $10,000,366 represented a 12.5% decrease from 2024 earnings. The decrease is due to the company proactively repositioning approximately $75 million of investments into higher rates resulting in….

There's more to this story...
Are you a subscriber? 

Many more news articles, photos and ads are available only to those
who
subscribe to our printed newspaper or our online e-Edition.

 Log in

Pick up a copy or Subscribe today!

Follow us on Social Media

Visit our Advertisers

Your Local Weather

Kilmarnock
scattered clouds
78.6 ° F
80.8 °
77.7 °
70%
8.1mph
50%
Sat
79 °
Sun
84 °
Mon
78 °
Tue
75 °
Wed
66 °