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

C&F Financial (NASDAQ:CFFI) issued its earnings results on Tuesday. The financial services provider reported $1.87 earnings per share (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 Down 1.7 %

CFFI stock traded down $1.25 during trading on Tuesday, reaching $74.15. The stock had a trading volume of 3,279 shares, compared to its average volume of 10,907. The company has a current ratio of 0.90, a quick ratio of 0.88 and a debt-to-equity ratio of 0.41. The firm has a fifty day moving average price of $73.72 and a 200 day moving average price of $63.82. The company has a market capitalization of $239.49 million, a P/E ratio of 13.10 and a beta of 0.38. C&F Financial has a 1-year low of $33.51 and a 1-year high of $80.87.

C&F Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 1st. Investors 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 annualized dividend and a dividend yield of 2.37%. C&F Financial’s payout ratio is currently 31.10%.

Insider Buying and Selling at C&F Financial

In related news, EVP John A. Seaman III sold 2,500 shares of C&F Financial stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $74.05, for a total transaction of $185,125.00. Following the transaction, the executive vice president now directly owns 4,494 shares of the company’s stock, valued at $332,780.70. The trade was a 35.74 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Jason E. Long sold 600 shares of the firm’s stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $78.71, for a total transaction of $47,226.00. Following the transaction, the chief financial officer now owns 9,600 shares of the company’s stock, valued at approximately $755,616. This trade represents a 5.88 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 8,493 shares of company stock worth $627,075 in the last 90 days. 6.30% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

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

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.