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

C&F Financial Corporation (NASDAQ:CFFI) announced a quarterly dividend on Tuesday, August 18th. Investors 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 2.0%. The ex-dividend date of this dividend is Tuesday, September 15th.

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

C&F Financial Price Performance

Shares of C&F Financial stock opened at $95.00 on Friday. The firm has a market cap of $308.75 million, a PE ratio of 10.60 and a beta of 0.33. The stock has a 50 day moving average of $85.62 and a 200 day moving average of $78.75. The company has a current ratio of 0.92, a quick ratio of 0.91 and a debt-to-equity ratio of 0.42. C&F Financial has a 12 month low of $64.71 and a 12 month high of $96.00.

C&F Financial (NASDAQ:CFFI) last released its quarterly earnings data on Thursday, July 23rd. The financial services provider reported $2.40 earnings per share (EPS) for the quarter. The business had revenue of $39.37 million for the quarter. C&F Financial had a return on equity of 10.72% and a net margin of 14.91%.

Insiders Place Their Bets

In related news, CEO S Dustin Crone sold 900 shares of the stock in a transaction on Friday, September 4th. The stock was sold at an average price of $94.41, for a total transaction of $84,969.00. Following the sale, the chief executive officer owned 8,378 shares in the company, valued at approximately $790,966.98. This represents a 9.70% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Thomas F. Cherry sold 500 shares of the stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $87.13, for a total value of $43,565.00. Following the sale, the chief executive officer owned 38,869 shares in the company, valued at $3,386,655.97. The trade was a 1.27% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 4,475 shares of company stock worth $401,116. 6.40% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On C&F Financial

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Royal Bank of Canada lifted its holdings 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 worth $361,000 after acquiring an additional 1,550 shares during the last quarter. Goldman Sachs Group Inc. raised its position in 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 worth $887,000 after purchasing an additional 1,339 shares during the period. Empowered Funds LLC raised its position in 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 worth $1,026,000 after purchasing an additional 1,015 shares during the period. Geode Capital Management LLC lifted its stake in C&F Financial by 110.3% in the second quarter. Geode Capital Management LLC now owns 72,611 shares of the financial services provider’s stock worth $4,483,000 after purchasing an additional 38,088 shares during the last quarter. Finally, Rhumbline Advisers lifted its stake in C&F Financial by 2,137.3% in the second quarter. Rhumbline Advisers now owns 3,177 shares of the financial services provider’s stock worth $196,000 after purchasing an additional 3,035 shares during the last quarter. Hedge funds and other institutional investors 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.