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

C&F Financial (NASDAQ:CFFI) posted its earnings results on Tuesday. The financial services provider reported $1.87 EPS for the quarter, Zacks reports. C&F Financial had a return on equity of 8.58% and a net margin of 11.39%.

C&F Financial Stock Up 0.3 %

C&F Financial stock opened at $74.35 on Thursday. The stock has a market capitalization of $240.15 million, a price-to-earnings ratio of 13.14 and a beta of 0.38. The company has a current ratio of 0.90, a quick ratio of 0.88 and a debt-to-equity ratio of 0.41. The stock has a 50 day moving average of $73.72 and a two-hundred day moving average of $64.01. C&F Financial has a twelve month low of $33.51 and a twelve month high of $80.87.

C&F Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 1st. Shareholders of record on Friday, December 13th were paid a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a yield of 2.37%. The ex-dividend date was Friday, December 13th. C&F Financial’s dividend payout ratio is presently 31.10%.

Insider Transactions at C&F Financial

In related news, EVP John A. Seaman III sold 2,500 shares of the company’s stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $74.05, for a total transaction of $185,125.00. Following the transaction, the executive vice president now owns 4,494 shares of the company’s stock, valued at $332,780.70. This represents a 35.74 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Thomas F. Cherry sold 2,000 shares of the firm’s stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $70.00, for a total value of $140,000.00. Following the completion of the sale, the chief executive officer now directly owns 39,059 shares of the company’s stock, valued at approximately $2,734,130. This trade represents a 4.87 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 8,493 shares of company stock worth $627,075 over the last 90 days. 6.30% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered C&F Financial from a “buy” rating to a “hold” rating in a research report on Tuesday, November 19th.

C&F Financial Company Profile

C&F Financial Corp. is a bank holding company, which engages in the provision of banking services to individuals and businesses. It operates through the following segments: Community Banking, Mortgage Banking and Consumer Finance. The Community Banking segment provides checking and savings deposit accounts, business, real estate, development, mortgage, home equity, and installment loans.