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The Markets
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Chesapeake Financial Shares reports 'best quarter in the history of the bank' in 1Q earnings

Chesapeake Financial Shares reports 'best quarter in the history of the bank' in 1Q earnings

Chesapeake Financial Shares, Inc. (OTCQX:CPKF) CEO Jeff Szyperski tells Proactive the parent company of both Chesapeake Bank and Chesapeake Wealth Management has reported record earnings for its first quarter of 2021. Szyperski says the group's 1Q revealed a 56% increase year-over-year to $5,262,879, largely driven by governmental programs including both the Paycheck Protection Program (PPP) and other Federal stimulus payments.

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