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

C&F Financial (NASDAQ:CFFI) released its quarterly earnings data on Tuesday. The financial services provider reported $2.07 earnings per share for the quarter, Zacks reports. The business had revenue of $35.88 million for the quarter. C&F Financial had a net margin of 14.43% and a return on equity of 11.03%.

C&F Financial Stock Down 0.4%

CFFI stock opened at $71.67 on Thursday. The company has a market cap of $232.21 million, a price-to-earnings ratio of 8.87 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. The business has a 50 day moving average price of $71.24 and a two-hundred day moving average price of $69.32. The company has a quick ratio of 0.89, a current ratio of 0.91 and a debt-to-equity ratio of 0.37.

C&F Financial Announces Dividend

The business 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. This represents a $1.84 annualized dividend and a yield of 2.6%. The ex-dividend date was Monday, December 15th. C&F Financial’s dividend payout ratio is presently 22.77%.

Hedge Funds Weigh In On C&F Financial

A number of institutional investors have recently bought and sold shares of CFFI. BNP Paribas Financial Markets increased its holdings in shares of C&F Financial by 46.1% in the third quarter. BNP Paribas Financial Markets now owns 618 shares of the financial services provider’s stock valued at $42,000 after purchasing an additional 195 shares during the last quarter. Empowered Funds LLC grew its stake 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 valued at $1,026,000 after buying an additional 1,015 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in C&F Financial by 11.3% during the first quarter. Goldman Sachs Group Inc. now owns 13,155 shares of the financial services provider’s stock worth $887,000 after acquiring an additional 1,339 shares during the last quarter. Royal Bank of Canada grew its position 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 last quarter. Finally, New York State Common Retirement Fund bought a new position in shares of C&F Financial during the second quarter worth approximately $105,000. Institutional investors and hedge funds own 37.23% of the company’s stock.

Analysts Set New Price Targets

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