C&F Financial reports 2023 net income $23.7M, down 19% from $29.4M in 2022

C & F FINANCIAL CORP

2023-FY EPS reported $6.92 revenue$127,322,000

GAAP net income $23.7M vs $29.4M in 2022; diluted EPS $6.92 vs $8.29.
Adjusted net income $23.7M vs $27.0M; adjusted diluted EPS $6.92 vs $7.61.
Return on average assets 0.99% vs 1.27%; return on average equity 11.68% vs 14.84%.
2022 results included gains from branch consolidation real estate sales and accounting policy change.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

C & F FINANCIAL CORP reported the year ended December 31, 2023 results: net income $23.7 million, EPS $6.92.

Period: the year ended December 31, 2023
Net income: $23.7 million
EPS: $6.92
Result: reported results

Exact text from the filing

C&F Financial Corporation (the Corporation) (NASDAQ: CFFI), the holding company for C&F Bank, today reported consolidated net income of $23.7 million for the year ended December 31, 2023

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Source: SEC EDGAR

accession 0000913341-24-000002

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