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Recent Updates — CFFI

July 23, 2026View Source ↗

C&F Financial Corporation published its second quarter 2026 investor presentation on July 23, 2026. The presentation reports a net income of $8.6 million for the quarter ended June 30, 2026, and an annualized return on average assets of 1.23%. The company also disclosed a dividend of $2.07 per share for June 2026. C&F Financial Corporation is a Virginia-based financial services company providing banking, mortgage, wealth management, and finance solutions.

July 23, 2026View Source ↗

C&F Financial Corporation reported consolidated net income of $8.6 million for the second quarter of 2026, an 11.1% increase over the second quarter of 2025. The results include a pre-tax gain of $8.3 million from the sale of an equity interest in Bearing Insurance Group, LLC and a pre-tax loss of $7.1 million from a securities portfolio restructuring. The company declared a quarterly cash dividend of $0.48 per share, paid on July 1, 2026. The company operates as a bank holding company for C&F Bank, providing community banking, mortgage banking, and consumer finance services in Virginia.

June 18, 2026View Source ↗

S. Dustin Crone, President and CEO of C&F Finance Company, announced his intention to retire. Mr. Crone will step down as President on June 30, 2026, but will remain CEO until December 31, 2026, under a transition agreement. Shawn Moore, current Executive Vice President and Chief Credit Officer, will succeed Mr. Crone as President on June 30, 2026. During the transition, Mr. Crone will receive an annual base salary of $341,000. Additionally, the Board approved an amendment to the company's Non-Qualified Deferred Compensation Plan and authorized a $100,000 supplemental retirement contribution for Thomas F. Cherry, President and CEO of the Corporation and the Bank. C&F Financial Corporation is a financial services company providing banking and finance services.