C&F Financial (NASDAQ:CFFI) Issues Earnings Results

C&F Financial (NASDAQ:CFFI) released its quarterly earnings results on Thursday. The financial services provider reported $2.40 earnings per share (EPS) for the quarter, FiscalAI reports. C&F Financial had a net margin of 14.84% and a return on equity of 11.03%. The firm had revenue of $39.37 million for the quarter.

C&F Financial Stock Down 0.3%

Shares of NASDAQ:CFFI opened at $77.85 on Friday. The firm has a market cap of $253.01 million, a PE ratio of 8.95 and a beta of 0.32. The company has a fifty day simple moving average of $77.02 and a 200 day simple moving average of $75.18. The company has a current ratio of 0.90, a quick ratio of 0.88 and a debt-to-equity ratio of 0.31. C&F Financial has a 12-month low of $61.45 and a 12-month high of $86.18.

C&F Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Investors of record on Monday, June 15th were paid a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date was Monday, June 15th. C&F Financial’s payout ratio is 22.07%.

Insider Buying and Selling at C&F Financial

In other news, Director Elizabeth R. Kelley sold 1,025 shares of the stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $73.00, for a total transaction of $74,825.00. Following the transaction, the director owned 4,022 shares of the company’s stock, valued at approximately $293,606. This trade represents a 20.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Jason E. Long sold 1,360 shares of C&F Financial stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $75.50, for a total value of $102,680.00. Following the completion of the transaction, the executive vice president owned 10,083 shares of the company’s stock, valued at $761,266.50. This trade represents a 11.88% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 4,263 shares of company stock worth $320,344 in the last ninety days. 6.40% of the stock is owned by insiders.

Institutional Investors Weigh In On C&F Financial

Institutional investors and hedge funds have recently made changes to their positions in the company. BNP Paribas Financial Markets increased its holdings in shares of C&F Financial by 46.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 618 shares of the financial services provider’s stock worth $42,000 after acquiring an additional 195 shares during the period. Geode Capital Management LLC boosted its stake in C&F Financial by 0.7% during the 4th quarter. Geode Capital Management LLC now owns 72,922 shares of the financial services provider’s stock valued at $5,295,000 after purchasing an additional 509 shares during the period. Empowered Funds LLC grew its position in C&F Financial by 7.1% in the 1st quarter. Empowered Funds LLC now owns 15,218 shares of the financial services provider’s stock worth $1,026,000 after purchasing an additional 1,015 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in shares of C&F Financial by 11.3% in the first quarter. Goldman Sachs Group Inc. now owns 13,155 shares of the financial services provider’s stock valued at $887,000 after purchasing an additional 1,339 shares during the period. Finally, Royal Bank of Canada increased its stake in shares of C&F Financial by 40.7% in the first quarter. Royal Bank of Canada now owns 5,354 shares of the financial services provider’s stock valued at $361,000 after purchasing an additional 1,550 shares during the period. 37.23% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of C&F Financial in a research report on Wednesday, June 24th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, C&F Financial currently has an average rating of “Hold”.

About C&F Financial

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.