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C&F: Q1 Earnings Snapshot

C&F: Q1 Earnings Snapshot

By AP News
Published - Apr 26, 2023, 01:45 PM ET
Last Updated - Jun 22, 2023, 03:31 AM EDT

TOANO, Va. (AP) — TOANO, Va. (AP) — C&F Financial Corp. (CFFI) on Wednesday reported first-quarter earnings of $6.4 million.

The bank, based in Toano, Virginia, said it had earnings of $1.86 per share.

The bank posted revenue of $36.7 million in the period. Its revenue net of interest expense was $32.4 million, exceeding Street forecasts.

C&F shares have dropped 8.5% since the beginning of the year. The stock has increased 4.5% in the last 12 months.

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