---
schema_version: "secwatch.filing_event.v1"
accession: "0000913341-24-000002"
form_type: "8-K"
ticker: "CFFI"
cik: "0000913341"
company_name: "C & F FINANCIAL CORP"
filed_at: "2024-01-24T23:59:59+00:00"
generated_at: "2026-06-06T19:43:44.807497+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000913341-24-000002
- form_type: 8-K
- ticker: CFFI
- cik: 0000913341
- company_name: C & F FINANCIAL CORP
- filed_at: 2024-01-24T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/913341/000091334124000002/0000913341-24-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/913341/000091334124000002/cffi-20240124x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000913341-24-000002
- JSON: https://secwatch.observer/filing/0000913341-24-000002.json
- Plain text: https://secwatch.observer/filing/0000913341-24-000002.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/913341/000091334124000002/0000913341-24-000002-index.htm

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