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C&F: Q4 Earnings Snapshot

C&F: Q4 Earnings Snapshot

By AP News
Published - Jan 24, 2024, 12:30 PM ET
Last Updated - Jan 24, 2024, 12:30 PM EST

TOANO, Va. (AP) — TOANO, Va. (AP) — C&F Financial Corp. (CFFI) on Wednesday reported fourth-quarter earnings of $5.1 million.

The Toano, Virginia-based bank said it had earnings of $1.51 per share.

The bank posted revenue of $39.4 million in the period. Its revenue net of interest expense was $31.7 million, which beat Street forecasts.

C&F shares have dropped 18% since the beginning of the year. The stock has declined almost 5% in the last 12 months.

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