C&F Financial Corporation (CFFI) To Go Ex-Dividend on June 15th

C&F Financial Corporation (NASDAQ:CFFI) announced a quarterly dividend on Wednesday, May 20th. Shareholders of record on Monday, June 15th will be given a dividend of 0.48 per share by the financial services provider on Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Monday, June 15th.

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

C&F Financial Trading Down 0.8%

Shares of NASDAQ:CFFI opened at $73.25 on Friday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.88 and a current ratio of 0.88. The stock’s 50-day moving average is $74.09 and its 200-day moving average is $73.10. The company has a market cap of $238.06 million, a P/E ratio of 8.42 and a beta of 0.35. C&F Financial has a 52-week low of $57.09 and a 52-week high of $80.99.

C&F Financial (NASDAQ:CFFI) last posted its quarterly earnings data on Thursday, April 23rd. The financial services provider reported $2.08 earnings per share for the quarter. C&F Financial had a return on equity of 11.03% and a net margin of 14.84%.The business had revenue of $36.26 million during the quarter.

Insider Activity at C&F Financial

In related news, Director Elizabeth R. Kelley sold 1,025 shares of the company’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $73.00, for a total value of $74,825.00. Following the completion of the transaction, the director directly owned 4,022 shares in the company, valued at approximately $293,606. This represents a 20.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 6.40% of the company’s stock.

Hedge Funds Weigh In On C&F Financial

A number of hedge funds have recently made changes to their positions in the business. BNP Paribas Financial Markets raised its stake in shares of C&F Financial by 46.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 618 shares of the financial services provider’s stock valued at $42,000 after buying an additional 195 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of C&F Financial by 0.7% in the 4th quarter. Geode Capital Management LLC now owns 72,922 shares of the financial services provider’s stock valued at $5,295,000 after buying an additional 509 shares in the last quarter. Empowered Funds LLC raised its stake in shares of C&F Financial by 7.1% in the 1st quarter. Empowered Funds LLC now owns 15,218 shares of the financial services provider’s stock valued at $1,026,000 after buying an additional 1,015 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of C&F Financial by 11.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 13,155 shares of the financial services provider’s stock valued at $887,000 after buying an additional 1,339 shares in the last quarter. Finally, Royal Bank of Canada raised its stake in shares of C&F Financial by 40.7% in the 1st quarter. Royal Bank of Canada now owns 5,354 shares of the financial services provider’s stock valued at $361,000 after buying an additional 1,550 shares in the last quarter. Institutional investors and hedge funds own 37.23% of the company’s stock.

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.