C&F Financial Corp. Stock Price, News & Analysis

C&F Financial (NASDAQ: CFFI) reported strong Q1 2025 financial results with consolidated net income of $5.4 million, up from $3.4 million in Q1 2024. Earnings per share increased to $1.66 from $1.01 year-over-year.

Key highlights include: Community banking segment loans grew 7.6% annualized, deposits increased 8.4% annualized, and consolidated net interest margin improved to 4.16%. Mortgage banking segment saw loan originations increase 20.6% to $113.8 million compared to Q1 2024, while the consumer finance segment showed improvement despite lower loan volumes.

The maintained strong capital positions, increased its quarterly dividend by 5% to 46 cents per share, and reported total consolidated equity growth. The allowance for credit losses remained stable at 1.18% of total loans for the community banking segment.

C&F Financial (NASDAQ:CFFI) has announced a 5 percent increase in its quarterly cash dividend to 46 cents per share, up from the previous 44 cents. The dividend will be payable on April 1, 2025, to shareholders of record as of March 14, 2025.

The company operates through multiple subsidiaries: C&F Bank with 31 banking offices and four commercial loan offices in Virginia, C&F Wealth Management providing full wealth management services, C&F Mortgage offering mortgage loan origination services, and C&F Finance Company focusing on vehicle loans in the Mid-Atlantic, Midwest and Southern United States.

C&F Financial (NASDAQ: CFFI) reported consolidated net income of $6.0 million for Q4 2024, up from $5.1 million in Q4 2023. However, annual net income decreased to $19.9 million in 2024 from $23.7 million in 2023.

Key highlights include: Community banking segment loans grew 14.1% year-over-year; deposits increased 5.1%; consolidated net interest margin was 4.13% in Q4 2024 versus 4.17% in Q4 2023. The mortgage banking segment increased loan originations by 32.8% to $130.4 million in Q4 2024, while the consumer finance segment faced challenges with higher charge-offs at 2.62% of average total loans in 2024 compared to 1.99% in 2023.

The company maintained strong liquidity with $288.1 million in liquid assets and $606.2 million in borrowing availability. Total consolidated equity increased, and the bank remains well-capitalized under regulatory requirements.

C&F Financial 's (NASDAQ:CFFI) board of directors has declared a regular cash dividend of 44 cents per share, payable January 1, 2025, to shareholders of record on December 13, 2024. C&F Bank operates 32 banking offices and four commercial loan offices across eastern and central Virginia, offering wealth management services through C&F Wealth Management. The company's mortgage and lending operations span multiple states through C&F Mortgage and C&F Finance Company, providing various loan services including automobile, marine, and recreational vehicle financing.

C&F Financial (CFFI) reported consolidated net income of $5.4 million for Q3 2024, down from $5.8 million in Q3 2023. For the first nine months of 2024, net income was $13.9 million compared to $18.7 million in 2023. Key highlights include community banking segment loan growth of 16.6% annualized, deposit increase of 4.5% annualized, and mortgage banking segment loan originations of $157.0 million in Q3. The consumer finance segment experienced higher net charge-offs at 2.36% of average total loans. The company maintained strong liquidity with $287.4 million in liquid assets and $583.8 million in borrowing availability.

C&F Financial (NASDAQ:CFFI) has announced a regular cash dividend of 44 cents per share, payable on October 1, 2024 to shareholders of record as of September 13, 2024. The company's board of directors regularly reviews dividend amounts and payout ratios considering economic conditions, capital requirements, and expected future earnings.

C&F Bank operates 31 banking offices and four commercial loan offices in eastern and central Virginia, offering full wealth management services through its subsidiary. C&F Mortgage and C&F Select provide mortgage loan origination services across multiple states. C&F Finance Company offers automobile, marine, and recreational vehicle loans through indirect lending programs in 21 states from its headquarters in Henrico, Virginia.

C&F Financial (NASDAQ: CFFI) reported consolidated net income of $5.0 million for Q2 2024, compared to $6.4 million for Q2 2023. For the first six months of 2024, net income was $8.5 million, down from $12.9 million in the same period of 2023. Key highlights include:

- Community banking segment loans grew 17.8% annualized
- Consumer finance segment loans grew 4.2% annualized
- Deposits increased 3.9% annualized
- Consolidated annualized net interest margin was 4.12%
- Mortgage banking segment loan originations were $146.0 million for Q2 2024

The company declared a quarterly cash dividend of $0.44 per share for Q2 2024. Total consolidated equity increased $1.6 million at June 30, 2024, compared to December 31, 2023.

C&F Financial (NASDAQ:CFFI) announced a regular cash dividend of 44 cents per share, payable on July 1, 2024, to shareholders of record as of June 14, 2024. The Board of Directors evaluates the dividend amount and payout ratio considering economic conditions, capital requirements, and projected earnings. C&F operates 31 banking offices and four commercial loan offices in eastern and central Virginia. Its subsidiaries include C&F Wealth Management, C&F Mortgage , and C&F Finance Company, which provide services ranging from wealth management to mortgage and vehicle loans across multiple states. More details are available on the company's website.