What is C&F Financial Corp.'s earnings per share (EPS)?

C&F Financial Corp. (CFFI) reported diluted earnings per share of $8.29 for fiscal year 2025. This represents a 37.9% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

C&F Financial Corp. Financials

CFFI

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows C&F Financial Corp. (CFFI) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI CFFI FY2025 2026-04-22

Thin returns on a large, liability-funded balance sheet drive results, with FY2025 profit recovering through revenue growth rather than cheaper funding.

Per-share recovery in FY2025 matched FY2022 even though net income was only $26.8M versus $29.2M. The catch is a smaller share base: shares outstanding fell from 3.48M to 3.25M, so some of the shareholder-level rebound came from capital shrinkage rather than higher absolute profit.

With $2.77B of assets backed by just $261.8M of equity, balance-sheet leverage is the central operating mechanic here. That structure turns a 1.0% return on assets into a 10.3% return on equity, so small changes in asset profitability can materially change shareholder returns.

FY2025's improvement was revenue-led, not the result of easing funding pressure, because revenue reached $140.8M while interest expense still rose to $45.3M. At the same time, operating cash generation slipped to $24.5M from $90.6M in FY2022, meaning the larger balance sheet is being supported by less internally generated cash than earlier in the cycle.

Financial Health Signals

Financial Profile 26/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of C&F Financial Corp.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Growth

C&F Financial Corp.'s revenue grew 10.6% year-over-year to $140.8M, a solid pace of expansion. This earns a growth score of 42/100.

Leverage

C&F Financial Corp. has elevated debt relative to equity (D/E of 9.57), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.

Cash Flow

C&F Financial Corp. converts 15.7% of revenue into free cash flow ($22.2M). This strong cash generation earns a score of 79/100.

Returns

C&F Financial Corp.'s ROE of 10.3% shows moderate profitability relative to equity, earning a score of 33/100. This is up from 8.8% the prior year.

Piotroski F-Score Neutral

4/9

C&F Financial Corp. passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.

Earnings Quality Mixed

0.91x

For every $1 of reported earnings, C&F Financial Corp. generates $0.91 in operating cash flow ($24.5M OCF vs $26.8M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$140.8M

YoY+10.6%

5Y CAGR+0.4%

10Y CAGR+2.7%

C&F Financial Corp. generated $140.8M in revenue in fiscal year 2025. This represents an increase of 10.6% from the prior year.

EBITDA

N/A

Net Income

$26.8M

YoY+35.3%

5Y CAGR+3.9%

10Y CAGR+7.9%

C&F Financial Corp. reported $26.8M in net income in fiscal year 2025. This represents an increase of 35.3% from the prior year.

EPS (Diluted)

$8.29

YoY+37.9%

5Y CAGR+6.5%

10Y CAGR+8.5%

C&F Financial Corp. earned $8.29 per diluted share (EPS) in fiscal year 2025. This represents an increase of 37.9% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$22.2M

YoY-33.4%

10Y CAGR+5.1%

C&F Financial Corp. generated $22.2M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 33.4% from the prior year.

Cash & Debt

$79.1M

YoY+20.7%

5Y CAGR-1.8%

C&F Financial Corp. held $79.1M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

$1.84

YoY+4.5%

5Y CAGR+3.9%

10Y CAGR+4.2%

C&F Financial Corp. paid $1.84 per share in dividends in fiscal year 2025. This represents an increase of 4.5% from the prior year.

Shares Outstanding

YoY+0.4%

5Y CAGR-2.4%

10Y CAGR-0.6%

C&F Financial Corp. had 3M shares outstanding in fiscal year 2025. This represents an increase of 0.4% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

19.1%

YoY+3.5pp

5Y CAGR+3.0pp

10Y CAGR+7.4pp

C&F Financial Corp.'s net profit margin was 19.1% in fiscal year 2025, showing the share of revenue converted to profit. This is up 3.5 percentage points from the prior year.

Return on Equity

10.3%

YoY+1.5pp

5Y CAGR-1.2pp

10Y CAGR+0.7pp

C&F Financial Corp.'s ROE was 10.3% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 1.5 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$943K

YoY-89.2%

5Y CAGR-2.3%

10Y CAGR-5.7%

C&F Financial Corp. spent $943K on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 89.2% from the prior year.

Capital Expenditures

$2.3M

YoY-33.2%

5Y CAGR-25.6%

10Y CAGR+2.6%

C&F Financial Corp. invested $2.3M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 33.2% from the prior year.

CFFI Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$140.8M+10.6%	$127.3M0.0%	$127.3M+3.8%	$122.7M-9.3%	$135.2M-2.1%	$138.1M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$56.8M+6.0%	$53.6M-2.4%	$54.9M+14.6%	$47.9M-18.3%	$58.6M+1.6%	$57.7M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$45.3M+5.8%	$42.8M+62.0%	$26.4M+235.0%	$7.9M-5.6%	$8.4M-37.5%	$13.4M
Income Tax	$6.1M+44.2%	$4.2M-22.2%	$5.4M-28.7%	$7.6M-15.2%	$9.0M+31.8%	$6.8M
Net Income	$26.8M+35.3%	$19.8M-16.0%	$23.6M-19.1%	$29.2M+1.7%	$28.7M+29.6%	$22.1M
EPS (Diluted)	$8.29+37.9%	$6.01-13.2%	$6.92-16.5%	$8.29+4.3%	$7.95+31.2%	$6.06

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Revenue	$35.9M-0.4%	$36.0M-0.9%	$36.4M+11.6%	$32.6M+1.7%	$32.0M-4.2%	$33.5M+7.4%	$31.2M+1.6%	$30.6M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$14.0M-2.7%	$14.4M-2.9%	$14.8M+10.1%	$13.5M+12.8%	$12.0M-14.1%	$13.9M+3.5%	$13.5M-5.6%	$14.3M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$11.8M+1.7%	$11.6M+6.5%	$10.9M-0.7%	$11.0M-3.2%	$11.3M-0.9%	$11.4M+9.1%	$10.5M+9.8%	$9.6M
Income Tax	$1.4M-19.7%	$1.7M-7.7%	$1.9M+64.7%	$1.1M-6.3%	$1.2M-3.6%	$1.3M+4.6%	$1.2M+111.5%	$565K
Net Income	$6.7M-5.3%	$7.1M-8.0%	$7.7M+43.3%	$5.4M-11.1%	$6.0M+12.0%	$5.4M+7.6%	$5.0M+47.2%	$3.4M
EPS (Diluted)	N/A	$2.18-8.0%	$2.37+42.8%	$1.66	N/A	$1.65+10.0%	$1.50+48.5%	$1.01

CFFI Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$2.8B+8.0%	$2.6B+5.1%	$2.4B+4.6%	$2.3B+3.0%	$2.3B+8.5%	$2.1B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$79.1M+20.7%	$65.6M-12.7%	$75.2M+181.9%	$26.7M-90.0%	$267.7M+208.9%	$86.7M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$25.2M0.0%	$25.2M0.0%	$25.2M0.0%	$25.2M0.0%	$25.2M0.0%	$25.2M
Total Liabilities	$2.5B+7.3%	$2.3B+5.2%	$2.2B+4.0%	$2.1B+4.0%	$2.1B+8.5%	$1.9B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$261.8M+15.6%	$226.4M+4.4%	$216.9M+10.9%	$195.6M-7.0%	$210.3M+8.5%	$193.8M
Retained Earnings	$268.7M+8.4%	$247.8M+6.0%	$233.8M+7.6%	$217.2M+12.1%	$193.8M+13.5%	$170.8M

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Total Assets	$2.8B+2.1%	$2.7B+0.9%	$2.7B+2.8%	$2.6B+1.9%	$2.6B+0.5%	$2.6B+2.4%	$2.5B+0.9%	$2.5B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$79.1M-17.6%	$96.1M+19.8%	$80.2M+5.6%	$76.0M+15.8%	$65.6M+33.3%	$49.2M+10.1%	$44.7M-19.1%	$55.2M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$25.2M0.0%	$25.2M0.0%	$25.2M0.0%	$25.2M0.0%	$25.2M0.0%	$25.2M0.0%	$25.2M0.0%	$25.2M
Total Liabilities	$2.5B+2.0%	$2.5B+0.5%	$2.4B+2.9%	$2.4B+1.7%	$2.3B+0.6%	$2.3B+2.2%	$2.3B+0.9%	$2.3B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$261.8M+3.3%	$253.3M+5.4%	$240.3M+2.4%	$234.6M+3.7%	$226.4M-0.4%	$227.3M+4.1%	$218.5M+1.0%	$216.3M
Retained Earnings	$268.7M+2.0%	$263.5M+2.2%	$257.9M+2.5%	$251.7M+1.6%	$247.8M+1.9%	$243.2M+1.7%	$239.2M+1.5%	$235.7M

CFFI Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$24.5M-33.4%	$36.8M-5.3%	$38.8M-57.1%	$90.6M-42.5%	$157.4M+295.8%	-$80.4M
Capital Expenditures	$2.3M-33.2%	$3.5M+138.9%	$1.5M-57.0%	$3.4M-29.1%	$4.8M-53.2%	$10.2M
Free Cash Flow	$22.2M-33.4%	$33.3M-10.9%	$37.4M-57.1%	$87.2M-42.9%	$152.6M+268.4%	-$90.6M
Investing Cash Flow	-$169.4M-15.3%	-$146.9M-160.8%	-$56.3M+86.3%	-$411.3M-196.5%	-$138.7M+24.3%	-$183.3M
Financing Cash Flow	$158.4M+57.5%	$100.6M+52.3%	$66.0M-17.1%	$79.6M-51.0%	$162.4M-12.2%	$184.9M
Dividends Paid	$6.0M+3.0%	$5.8M-3.4%	$6.0M+4.0%	$5.8M+1.4%	$5.7M+2.3%	$5.5M
Share Buybacks	$943K-89.2%	$8.8M+12.9%	$7.8M+44.4%	$5.4M-34.7%	$8.2M+675.9%	$1.1M

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Operating Cash Flow	$2.2M-90.5%	$23.4M+634.1%	-$4.4M-236.7%	$3.2M-90.5%	$33.8M+8259.4%	$404K-76.2%	$1.7M+89.4%	$895K
Capital Expenditures	$756K+2.2%	$740K+30.7%	$566K+112.0%	$267K-37.9%	$430K-78.8%	$2.0M+277.0%	$539K+11.1%	$485K
Free Cash Flow	$1.5M-93.5%	$22.7M+558.2%	-$5.0M-268.3%	$2.9M-91.2%	$33.3M+2148.0%	-$1.6M-240.8%	$1.2M+182.0%	$410K
Investing Cash Flow	-$64.8M-332.2%	-$15.0M+73.3%	-$56.1M-67.2%	-$33.5M-11.0%	-$30.2M+32.1%	-$44.5M-96.8%	-$22.6M+54.5%	-$49.6M
Financing Cash Flow	$45.6M+512.4%	$7.4M-88.5%	$64.7M+59.0%	$40.7M+217.1%	$12.8M-73.6%	$48.6M+368.9%	$10.4M-64.0%	$28.8M
Dividends Paid	$1.5M-0.1%	$1.5M0.0%	$1.5M+0.1%	$1.5M+5.0%	$1.4M-0.6%	$1.4M-2.0%	$1.5M-1.8%	$1.5M
Share Buybacks	$507K	$0-100.0%	$10K-97.7%	$426K-56.0%	$969K-70.2%	$3.2M-7.5%	$3.5M+240.6%	$1.0M

CFFI Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	19.1%+3.5pp	15.6%-3.0pp	18.5%-5.2pp	23.8%+2.6pp	21.2%+5.2pp	16.0%
Return on Equity	10.3%+1.5pp	8.8%-2.1pp	10.9%-4.0pp	14.9%+1.3pp	13.6%+2.2pp	11.4%
Return on Assets	1.0%+0.2pp	0.8%-0.2pp	1.0%-0.3pp	1.3%-0.0pp	1.3%+0.2pp	1.1%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	9.57-0.7	10.32+0.1	10.24-0.7	10.92+1.2	9.760.0	9.76
FCF Margin	15.7%-10.4pp	26.1%-3.2pp	29.3%-41.7pp	71.0%-41.8pp	112.9%+178.5pp	-65.6%

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	18.7%-1.0pp	19.6%-1.5pp	21.1%+4.7pp	16.5%-2.4pp	18.8%+2.7pp	16.1%+0.0pp	16.1%+5.0pp	11.1%
Return on Equity	2.6%-0.2pp	2.8%-0.4pp	3.2%+0.9pp	2.3%-0.4pp	2.7%+0.3pp	2.4%+0.1pp	2.3%+0.7pp	1.6%
Return on Assets	0.2%-0.0pp	0.3%-0.0pp	0.3%+0.1pp	0.2%-0.0pp	0.2%+0.0pp	0.2%0.0pp	0.2%+0.1pp	0.1%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	9.57-0.1	9.70-0.5	10.18+0.0	10.13-0.2	10.32+0.1	10.22-0.2	10.400.0	10.41
FCF Margin	4.1%-58.9pp	63.0%+76.6pp	-13.6%-22.7pp	9.0%-95.0pp	104.0%+108.9pp	-4.9%-8.6pp	3.7%+2.4pp	1.3%

Similar Companies

Isabella ISBA

$317.8M

Lcnb Corp LCNB

$240.6M

Provident Bancorp Inc PVBC

$240.1M

Virginia Natl Bankshares Corp VABK

$223.1M

First Western Financial MYFW

$261.8M

Frequently Asked Questions

What is C&F Financial Corp.'s annual revenue?

C&F Financial Corp. (CFFI) reported $140.8M in total revenue for fiscal year 2025. This represents a 10.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is C&F Financial Corp.'s revenue growing?

C&F Financial Corp. (CFFI) revenue grew by 10.6% year-over-year, from $127.3M to $140.8M in fiscal year 2025.

Is C&F Financial Corp. profitable?

Yes, C&F Financial Corp. (CFFI) reported a net income of $26.8M in fiscal year 2025, with a net profit margin of 19.1%.

What is C&F Financial Corp.'s net profit margin?

C&F Financial Corp. (CFFI) had a net profit margin of 19.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does C&F Financial Corp. pay dividends?

Yes, C&F Financial Corp. (CFFI) paid $1.84 per share in dividends during fiscal year 2025.

What is C&F Financial Corp.'s return on equity (ROE)?

C&F Financial Corp. (CFFI) has a return on equity of 10.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is C&F Financial Corp.'s free cash flow?

C&F Financial Corp. (CFFI) generated $22.2M in free cash flow during fiscal year 2025. This represents a -33.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is C&F Financial Corp.'s operating cash flow?

C&F Financial Corp. (CFFI) generated $24.5M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are C&F Financial Corp.'s total assets?

C&F Financial Corp. (CFFI) had $2.8B in total assets as of fiscal year 2025, including both current and long-term assets.

What are C&F Financial Corp.'s capital expenditures?

C&F Financial Corp. (CFFI) invested $2.3M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does C&F Financial Corp. buy back shares?

Yes, C&F Financial Corp. (CFFI) spent $943K on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does C&F Financial Corp. have outstanding?

C&F Financial Corp. (CFFI) had 3M shares outstanding as of fiscal year 2025.

What is C&F Financial Corp.'s debt-to-equity ratio?

C&F Financial Corp. (CFFI) had a debt-to-equity ratio of 9.57 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is C&F Financial Corp.'s return on assets (ROA)?

C&F Financial Corp. (CFFI) had a return on assets of 1.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is C&F Financial Corp.'s Piotroski F-Score?

C&F Financial Corp. (CFFI) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are C&F Financial Corp.'s earnings high quality?

C&F Financial Corp. (CFFI) has an earnings quality ratio of 0.91x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is C&F Financial Corp.?

C&F Financial Corp. (CFFI) scores 26 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.