C&F Financial (NASDAQ:CFFI) Releases Quarterly Earnings Results

C&F Financial (NASDAQ:CFFI) posted its quarterly earnings results on Tuesday. The financial services provider reported $2.07 earnings per share for the quarter, Zacks reports. C&F Financial had a return on equity of 10.94% and a net margin of 14.39%.

C&F Financial Stock Up 1.4%

NASDAQ CFFI traded up $1.01 during trading hours on Tuesday, hitting $72.61. 2,164 shares of the company traded hands, compared to its average volume of 3,164. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.89 and a current ratio of 0.91. The business’s 50-day moving average is $71.08 and its 200-day moving average is $69.25. The stock has a market capitalization of $235.26 million, a price-to-earnings ratio of 8.97 and a beta of 0.34. C&F Financial has a twelve month low of $53.13 and a twelve month high of $89.90.

C&F Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 1st. Investors of record on Monday, December 15th were issued a dividend of $0.46 per share. The ex-dividend date was Monday, December 15th. This represents a $1.84 annualized dividend and a yield of 2.5%. C&F Financial’s dividend payout ratio is presently 22.77%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of C&F Financial in a research note on Monday, December 29th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has an average rating of “Hold”.

Institutional Investors Weigh In On C&F Financial

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Royal Bank of Canada lifted its position in shares of C&F Financial by 40.7% during the 1st quarter. Royal Bank of Canada now owns 5,354 shares of the financial services provider’s stock valued at $361,000 after acquiring an additional 1,550 shares during the period. Goldman Sachs Group Inc. raised its stake in C&F Financial by 11.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 13,155 shares of the financial services provider’s stock worth $887,000 after buying an additional 1,339 shares during the period. Empowered Funds LLC boosted its position in shares of C&F Financial by 7.1% during the first quarter. Empowered Funds LLC now owns 15,218 shares of the financial services provider’s stock valued at $1,026,000 after buying an additional 1,015 shares during the last quarter. Geode Capital Management LLC grew its holdings in C&F Financial by 110.3% during the 2nd quarter. Geode Capital Management LLC now owns 72,611 shares of the financial services provider’s stock valued at $4,483,000 after buying an additional 38,088 shares in the last quarter. Finally, Rhumbline Advisers grew its position in shares of C&F Financial by 2,137.3% during the 2nd quarter. Rhumbline Advisers now owns 3,177 shares of the financial services provider’s stock valued at $196,000 after purchasing an additional 3,035 shares in the last quarter. 37.23% of the stock is currently owned by institutional investors and hedge funds.

C&F Financial Company Profile

C&F Financial Corporation is the bank holding company for C&F Bank, a community?focused financial institution headquartered in Stephens City, Virginia. Founded in 1921, the company has grown from a single local bank into a regional franchise serving both retail and commercial clients. While the holding company trades on the Nasdaq under the ticker CFFI, its principal activities remain centered on traditional banking services designed to foster long-term relationships within its communities.

C&F Bank offers a full suite of deposit and lending products, including checking and savings accounts, money market accounts, certificates of deposit, and consumer and commercial loan facilities.