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

C&F Financial (NASDAQ:CFFI) issued its quarterly earnings data on Tuesday. The financial services provider reported $1.87 earnings per share (EPS) for the quarter, Zacks reports. C&F Financial had a net margin of 11.39% and a return on equity of 8.58%.

C&F Financial Price Performance

Shares of CFFI stock traded down $1.17 during mid-day trading on Tuesday, hitting $74.24. The company had a trading volume of 3,369 shares, compared to its average volume of 10,916. The company has a market capitalization of $239.78 million, a P/E ratio of 13.12 and a beta of 0.38. The stock’s 50 day moving average price is $73.72 and its 200-day moving average price is $63.82. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.90 and a quick ratio of 0.88. C&F Financial has a 52-week low of $33.51 and a 52-week high of $80.87.

C&F Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 1st. Shareholders of record on Friday, December 13th were issued a dividend of $0.44 per share. The ex-dividend date was Friday, December 13th. This represents a $1.76 dividend on an annualized basis and a yield of 2.37%. C&F Financial’s dividend payout ratio is presently 31.10%.

Wall Street Analyst Weigh In

Separately, StockNews.com cut C&F Financial from a “buy” rating to a “hold” rating in a research report on Tuesday, November 19th.

Insider Buying and Selling at C&F Financial

In related news, CEO Thomas F. Cherry sold 731 shares of the firm’s stock in a transaction on Monday, December 9th. The stock was sold at an average price of $78.00, for a total value of $57,018.00. Following the completion of the sale, the chief executive officer now directly owns 38,328 shares in the company, valued at $2,989,584. This trade represents a 1.87 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO S Dustin Crone sold 1,400 shares of the business’s stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $72.71, for a total transaction of $101,794.00. Following the transaction, the chief executive officer now owns 8,437 shares in the company, valued at $613,454.27. This trade represents a 14.23 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 8,493 shares of company stock worth $627,075 in the last quarter. 6.30% of the stock is owned by corporate insiders.

About C&F Financial

C&F Financial Corp. is a bank holding company, which engages in the provision of banking services to individuals and businesses. It operates through the following segments: Community Banking, Mortgage Banking and Consumer Finance. The Community Banking segment provides checking and savings deposit accounts, business, real estate, development, mortgage, home equity, and installment loans.