---
schema_version: "secwatch.filing_event.v1"
accession: "0000913341-23-000024"
form_type: "8-K"
ticker: "CFFI"
cik: "0000913341"
company_name: "C & F FINANCIAL CORP"
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T15:04:19.378009+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# C&F Financial Q1 net income rises 13.3% to $6.5M; EPS $1.86 vs $1.59

## Summary
- Net income of $6.5M for Q1 2023, up $762K (13.3%) from $5.7M in Q1 2022.
- Diluted EPS of $1.86, up from $1.59 in the prior-year quarter.
- Annualized ROE improved to 12.87% from 10.99%; ROA to 1.10% from 1.01%.
- Annualized return on average tangible common equity was 14.93% vs 12.61%.

## SEC filing metadata
- accession: 0000913341-23-000024
- form_type: 8-K
- ticker: CFFI
- cik: 0000913341
- company_name: C & F FINANCIAL CORP
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/913341/000091334123000024/0000913341-23-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/913341/000091334123000024/cffi-20230426x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000913341-23-000024
- JSON: https://secwatch.observer/filing/0000913341-23-000024.json
- Plain text: https://secwatch.observer/filing/0000913341-23-000024.txt

## Key facts
- Earnings Releases
  C & F FINANCIAL CORP reported the three months ended March 31, 2023 results: net income consolidated net income of $6.5 million, EPS $ 1.86.
  - Period: the three months ended March 31, 2023
  - Net income: consolidated net income of $6.5 million
  - EPS: $ 1.86
  - Result: reported results
  source text: C&F Financial Corporation (the Corporation) (NASDAQ: CFFI), the one-bank holding company for C&F Bank, today reported consolidated net income of $6.5 million for the first quarter of 2023, which represents an increase of $762,000, or 13.3 percent, as compared to the first quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/913341/000091334123000024/0000913341-23-000024-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.