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

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

C&F Financial Stock Performance

Shares of CFFI stock traded down $1.25 during mid-day trading on Tuesday, hitting $74.15. 3,279 shares of the stock were exchanged, compared to its average volume of 10,907. C&F Financial has a 12-month low of $33.51 and a 12-month high of $80.87. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.88 and a current ratio of 0.90. The stock has a market capitalization of $239.49 million, a price-to-earnings ratio of 13.10 and a beta of 0.38. The stock’s fifty day simple moving average is $73.72 and its two-hundred day simple moving average is $63.82.

C&F Financial Announces Dividend

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

Wall Street Analysts Forecast Growth

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

Insiders Place Their Bets

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

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.