C&F Financial Q1 net income falls 47% to $3.4M; EPS $1.01 vs $1.86

C & F FINANCIAL CORP

2024-Q1 EPS reported $1.01 revenue$30,650,000

Net income of $3.4M for Q1 2024, down from $6.5M in Q1 2023.
Basic and diluted EPS of $1.01, compared to $1.86 in prior-year quarter.
Annualized return on average equity declined to 6.33% from 12.87%.
Annualized return on average assets fell to 0.57% from 1.10%.
No guidance or dividend changes were announced in the release.

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 first quarter of 2023 results: net income $6.5 million, EPS $1.86.

Period: first quarter of 2023
Net income: $6.5 million
EPS: $1.86
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 $3.4 million for the first quarter of 2024, compared to $6.5 million for the first quarter of 2023.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

C & F FINANCIAL CORP reported first quarter of 2024 results: net income $3.4 million, EPS $1.01.

Period: first quarter of 2024
Net income: $3.4 million
EPS: $1.01
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 $3.4 million for the first quarter of 2024, compared to $6.5 million for the first quarter of 2023.

View on SEC.gov

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Source: SEC EDGAR

accession 0000913341-24-000023

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