Key Points
- CEO S. Dustin Crone sold 900 C&F Financial shares at an average price of $94.41, generating $84,969 and reducing his direct ownership by 9.7% to 8,378 shares.
- C&F Financial reported quarterly EPS of $2.40 on $39.37 million in revenue, with a 14.91% net margin and 10.72% return on equity.
- The company declared a quarterly dividend of $0.48 per share, or $1.92 annualized, representing a 2.1% yield; analyst sentiment remains broadly positive, with an average “Buy” rating.
C&F Financial Corporation (NASDAQ:CFFI - Get Free Report) CEO S Dustin Crone sold 900 shares of the company's stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $94.41, for a total value of $84,969.00. Following the completion of the transaction, the chief executive officer directly owned 8,378 shares in the company, valued at approximately $790,966.98. The trade was a 9.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
C&F Financial Trading Up 0.2%
Shares of NASDAQ CFFI opened at $93.65 on Thursday. The stock has a market cap of $304.36 million, a price-to-earnings ratio of 10.45 and a beta of 0.33. The business has a 50 day simple moving average of $85.16 and a 200 day simple moving average of $78.52. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.91 and a current ratio of 0.92. C&F Financial Corporation has a 52 week low of $64.71 and a 52 week high of $96.00.
C&F Financial (NASDAQ:CFFI - Get Free Report) last posted its earnings results on Thursday, July 23rd. The financial services provider reported $2.40 EPS for the quarter. C&F Financial had a net margin of 14.91% and a return on equity of 10.72%. The company had revenue of $39.37 million during the quarter.
C&F Financial Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be paid a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Tuesday, September 15th. C&F Financial's dividend payout ratio (DPR) is presently 21.43%.
Analyst Upgrades and Downgrades
Several equities analysts have commented on the company. Weiss Ratings upgraded C&F Financial from a "hold (c)" rating to a "buy (b-)" rating in a report on Wednesday, August 19th. Wall Street Zen cut shares of C&F Financial from a "buy" rating to a "hold" rating in a research note on Saturday, September 5th. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of "Buy".
Read Our Latest Research Report on C&F Financial
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in the business. Geode Capital Management LLC lifted its holdings in shares of C&F Financial by 0.7% during the fourth quarter. Geode Capital Management LLC now owns 72,922 shares of the financial services provider's stock worth $5,295,000 after buying an additional 509 shares during the last quarter. Empowered Funds LLC raised its stake in C&F Financial by 7.1% during the 1st quarter. Empowered Funds LLC now owns 15,218 shares of the financial services provider's stock valued at $1,026,000 after purchasing an additional 1,015 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in C&F Financial by 11.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 13,155 shares of the financial services provider's stock valued at $887,000 after purchasing an additional 1,339 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in C&F Financial in the 2nd quarter valued at $631,000. Finally, Siena Capital Partners GP LLC acquired a new stake in C&F Financial in the 4th quarter worth $500,000. 37.23% of the stock is owned by institutional investors.
About C&F Financial
(
Get Free Report)
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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