C&F Financial (NASDAQ:CFFI – Get Free Report) announced its earnings results on Thursday. The financial services provider reported $2.08 earnings per share (EPS) for the quarter, FiscalAI reports. C&F Financial had a net margin of 14.43% and a return on equity of 10.82%. The company had revenue of $36.26 million for the quarter.
C&F Financial Price Performance
Shares of CFFI stock traded down $0.37 during trading hours on Thursday, reaching $75.93. 3,022 shares of the company were exchanged, compared to its average volume of 9,090. C&F Financial has a fifty-two week low of $57.09 and a fifty-two week high of $80.99. The stock’s fifty day moving average is $74.43 and its two-hundred day moving average is $72.20. The company has a market cap of $247.52 million, a price-to-earnings ratio of 9.19 and a beta of 0.34. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.91 and a quick ratio of 0.89.
C&F Financial Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Friday, March 13th were given a dividend of $0.48 per share. The ex-dividend date was Friday, March 13th. This is a positive change from C&F Financial’s previous quarterly dividend of $0.46. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.5%. C&F Financial’s dividend payout ratio (DPR) is currently 23.19%.
Wall Street Analyst Weigh In
Check Out Our Latest Analysis on CFFI
Hedge Funds Weigh In On C&F Financial
Large investors have recently bought and sold shares of the business. BNP Paribas Financial Markets lifted its holdings in C&F Financial by 370.0% in the second quarter. BNP Paribas Financial Markets now owns 423 shares of the financial services provider’s stock valued at $26,000 after buying an additional 333 shares during the period. New York State Common Retirement Fund acquired a new position in C&F Financial in the second quarter valued at approximately $105,000. Rhumbline Advisers lifted its holdings in C&F Financial by 2,137.3% in the second quarter. Rhumbline Advisers now owns 3,177 shares of the financial services provider’s stock valued at $196,000 after buying an additional 3,035 shares during the period. Royal Bank of Canada increased its holdings in 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, Siena Capital Partners GP LLC acquired a new position in C&F Financial in the fourth quarter valued at about $500,000. 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.
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