C&F Financial Corporation (NASDAQ:CFFI) to Issue $0.48 Quarterly Dividend

Key Points

• C&F Financial declared a quarterly dividend of $0.48 per share, payable October 1 to shareholders of record on September 15. The dividend implies an annualized yield of approximately 2.2%.
• The company reported quarterly EPS of $2.40 on revenue of $39.37 million, with a 14.91% net margin and 10.72% return on equity.
• C&F Financial shares opened at $87.22, near their 52-week high of $92.00. Analyst sentiment remains mixed, with the stock carrying an overall “Hold” rating despite one recent upgrade to “Buy.”

C&F Financial Corporation (NASDAQ:CFFI - Get Free Report) declared a quarterly dividend on Wednesday, August 19th. Stockholders of record on Tuesday, September 15th will be given a dividend of 0.48 per share by the financial services provider on Thursday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Tuesday, September 15th.

C&F Financial has raised its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend annually for the last 1 consecutive years.

C&F Financial Stock Performance

NASDAQ CFFI opened at $87.22 on Thursday. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.92 and a quick ratio of 0.91. C&F Financial has a 1-year low of $64.71 and a 1-year high of $92.00. The firm has a market capitalization of $283.46 million, a P/E ratio of 9.73 and a beta of 0.32. The business's 50-day simple moving average is $81.49 and its 200-day simple moving average is $77.12.

C&F Financial (NASDAQ:CFFI - Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The financial services provider reported $2.40 EPS for the quarter. C&F Financial had a net margin of 14.91% and a return on equity of 10.72%. The firm had revenue of $39.37 million for the quarter.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Weiss Ratings reissued a "hold (c)" rating on shares of C&F Financial in a research note on Wednesday, June 24th. Wall Street Zen upgraded C&F Financial from a "hold" rating to a "buy" rating in a report on Saturday, August 15th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the company presently has an average rating of "Hold".

About C&F Financial

C&F Financial Corporation is the bank holding company for C&F Bank, a community‐focused financial institution headquartered in Stephens City, Virginia. Founded in 1921, the company has grown from a single local bank into a regional franchise serving both retail and commercial clients. While the holding company trades on the Nasdaq under the ticker CFFI, its principal activities remain centered on traditional banking services designed to foster long-term relationships within its communities.

C&F Bank offers a full suite of deposit and lending products, including checking and savings accounts, money market accounts, certificates of deposit, and consumer and commercial loan facilities.

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