Headquartered in Toano, VA Fiscal year ends December NASDAQ: CFFI cffc.com
C&F Financial Corporation (NASDAQ: CFFI) is the holding company for C&F Bank, which operates 32 banking offices and six commercial loan offices throughout Virginia, offering full-service community banking including commercial and consumer lending, deposit services, and wealth management through its subsidiary C&F Wealth Management, Inc. The corporation operates three business segments: community banking (the largest segment, focused on commercial real estate, land acquisition and development, and other commercial and consumer lending), mortgage banking (through C&F Mortgage Corporation and its subsidiary C&F Select LLC, providing mortgage loan origination services in Virginia and surrounding states, as well as mortgage lender services to third-party lenders through its Lender Solutions division), and consumer finance (through C&F Finance Company, providing indirect automobile lending programs primarily in the Mid-Atlantic, Midwest, and Southern United States). The diversified model spans traditional banking, mortgage origination and servicing, and auto finance. Updated
Net interest margin expanded to 4.53% from 4.24% a year ago, the payoff from swapping low-yielding securities into higher-rate paper, and it carried earnings past expectations. Consumer finance auto payment deferrals rose to 2.05% of average auto loans from 1.40% last quarter.
C&F Financial Corporation (NASDAQ: CFFI) is the holding company for C&F Bank, which operates 32 banking offices and six commercial loan offices throughout Virginia, offering full-service community banking including commercial and consumer lending, deposit services, and wealth management through its subsidiary C&F…
The Wall Street consensus 12-month price target for CFFI is $115.00.