C&F Financial Corp

Chart & Performance

D1W1MN

P/E

9.89

P/S

1.96

EPS

7.30

Div Yield, %

2.56%

Shrs. gr., 5y

-0.51%

Rev. gr., 5y

2.10%

Revenues

119m

+6,977.71%

Net income

24m

-19.05%

CFO

39m

-57.14%

Dividend

Sep 13, 20240.44 USD/sh

Earnings

Jan 22, 2025

Profile

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.

URL

https://www.cffc.com/

IPO date

Jan 16, 1992

Employees

613

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	119,047 6,977.71%	1,682 -98.75%	134,532 -3.18%
Cost of revenue	58,083	49,672	60,104
Unusual Expense (Income)
NOPBT	60,964	(47,990)	74,428
NOPBT Margin	51.21%		55.32%
Operating Taxes	5,418	7,595	8,959
Tax Rate	8.89%		12.04%
NOPAT	55,546	(55,585)	65,469
Net income	23,604 -19.05%	29,159 1.72%	28,667 29.62%
Dividends	(5,986)	(5,756)	(5,675)
Dividend yield	2.57%	2.81%	3.08%
Proceeds from repurchase of equity	(7,758)	(5,373)	(22,512)
BB yield	3.33%	2.62%	12.20%
Debt
Debt current	58,223	36,592	34,735
Long-term debt	50,035	60,368	64,224
Deferred revenue		(6,977)	48,892
Other long-term liabilities	2,175,587	(17,950)	(55,726)
Net debt	(833,012)	(954,883)	(914,932)
Cash flow
Cash from operating activities	38,811	90,559	157,387
CAPEX	(1,459)	(3,394)	(4,786)
Cash from investing activities	(56,339)	(411,279)	(138,693)
Cash from financing activities	66,026	79,636	162,382
FCF	791,014	(58,664)	51,815
Balance
Cash	478,826	539,252	640,818
Long term investments	462,444	512,591	373,073
Excess cash	935,318	1,051,759	1,007,164
Stockholders' equity	210,949	184,186	195,835
Invested Capital	1,042,279	2,178,345	2,097,293
ROIC	3.45%		3.25%
ROCE	4.86%		3.24%
EV
Common stock shares outstanding	3,412	3,517	3,604
Price	68.19 17.02%	58.27 13.83%	51.19 37.94%
Market cap	232,664 13.53%	204,942 11.08%	184,495 36.26%
EV	(599,710)	(749,342)	(729,731)
EBITDA	66,336	(43,634)	79,169
EV/EBITDA		17.17
Interest	26,430	7,890	8,359
Interest/NOPBT	43.35%		11.23%