C&F Financial - CFFI Stock Forecast, Price & News

C&F Financial Corporation operates as a bank holding company for Citizens and Farmers Bank that provides banking services to individuals and businesses. The company's Retail Banking offers various banking services, including checking and savings deposit accounts, as well as business, real estate, development, mortgage, home equity, and installment loans. It also provides ATMs, Internet and mobile banking, and debit and credit cards, as well as safe deposit box rentals, notary public, electronic transfer, and other customary bank services. This segment offers its services through its main office in West Point, Virginia, as well as through 30 Virginia branches located 1 each in Albermarle, Goochland, Hanover, Middlesex, Powhatan, Stafford, York, Charlottesville, Hampton, Montross, Newport News, Richmond, Warsaw, and Williamsburg; 2 each in the counties of Cumberland, James City, King George, and New Kent; and four each in the counties of Chesterfield and Henrico. The company's Mortgage Banking segment provides various residential mortgage loans; originates conventional mortgage loans, mortgage loans insured by the Federal Housing Administration, and mortgage loans guaranteed by the United States Department of Agriculture and the Veterans Administration; and ancillary mortgage loan origination services for residential appraisals, as well as various mortgage origination functions to third parties. It provides mortgage loan origination services through 11 offices in Virginia, 1 office in Maryland, and 2 offices in North Carolina, as well as through 1 each in South Carolina and West Virginia. The company's Consumer Finance segment provides automobile loans through its offices in Richmond and Hampton, Virginia. It also offers brokerage and wealth management services; and insurance products. In addition, the company provides title and settlement agency, and insurance services. C&F Financial Corporation was founded in 1927 and is headquartered in West Point, Virginia.

C&F Financial Trading Up 1.4 %

NASDAQ:CFFI traded up $0.70 on Wednesday, hitting $49.80. 12,770 shares of the stock were exchanged, compared to its average volume of 3,570. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.80 and a current ratio of 0.82. C&F Financial has a 52 week low of $43.10 and a 52 week high of $55.00. The stock has a market capitalization of $175.30 million, a price-to-earnings ratio of 6.70 and a beta of 0.43. The company's 50-day moving average price is $47.18 and its 200 day moving average price is $49.52.

C&F Financial (NASDAQ:CFFI - Get Rating) last announced its quarterly earnings data on Thursday, July 21st. The financial services provider reported $1.91 earnings per share for the quarter. C&F Financial had a net margin of 20.40% and a return on equity of 12.70%. The business had revenue of $28.29 million for the quarter.

C&F Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, July 1st. Shareholders of record on Wednesday, June 15th were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 3.21%. The ex-dividend date was Tuesday, June 14th. C&F Financial's dividend payout ratio (DPR) is currently 21.83%.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on C&F Financial in a research note on Wednesday. They issued a "buy" rating for the company.