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

C&F Financial (NASDAQ:CFFI) announced its quarterly earnings on Tuesday. According to reports, the financial services company recorded earnings of $1.87 per share for the quarter. The company demonstrated a return on equity of 8.58% and a net margin of 11.39%.

C&F Financial Stock Performance

On Tuesday, during mid-day trading, shares of CFFI decreased by $1.25, reaching a price of $74.15. A total of 3,279 shares were traded, which is lower than its average trading volume of 10,907. Over the past year, C&F Financial's stock hit a low of $33.51 and a high of $80.87. The company maintains a debt-to-equity ratio of 0.41, a quick ratio of 0.88, and a current ratio of 0.90. The market capitalization of C&F Financial stands at $239.49 million, with a price-to-earnings ratio of 13.10 and a beta of 0.38. The fifty-day simple moving average for the stock is $73.72, while the two-hundred day simple moving average is recorded at $63.82.

C&F Financial Announces Dividend

Recently, C&F Financial declared a quarterly dividend, which was disbursed on January 1st to investors on record as of December 13th. The dividend is set at $0.44 per share, translating to an annualized payout of $1.76 and a yield of 2.37%. Currently, the company's dividend payout ratio is 31.10%.

Wall Street Analysts Forecast Growth

In related news, StockNews.com downgraded C&F Financial from a "buy" rating to a "hold" rating in a research report released on November 19th.

Insider Trading Activities

In other developments, CEO Thomas F. Cherry sold 731 shares on December 9th for an average price of $78.00, totaling $57,018. Post the transaction, he owns 38,328 shares valued at approximately $2,989,584, reflecting a decrease of 1.87% in his stake. Furthermore, CEO S Dustin Crone sold 1,400 shares on November 27th at an average price of $72.71, amounting to $101,794. After the trade, he directly holds 8,437 shares valued at around $613,454.27, representing a decrease of 14.23% in his holdings. Insiders have collectively sold 8,493 shares valued at $627,075 in the past quarter, and company insiders now own 6.30% of C&F Financial stock.

About C&F Financial

C&F Financial Corp. operates as a bank holding company, providing a range of banking services to individuals and businesses. The company functions through various segments including Community Banking, Mortgage Banking, and Consumer Finance. The Community Banking segment offers services such as checking and savings accounts, as well as loans for business, real estate, mortgage, home equity, and installment loans.

C&F, Earnings, Financial