Financial Performance - Consolidated net income for Q1 2025 was $5.4 million, up from $3.4 million in Q1 2024, representing a 58.8% increase[2] - Earnings per share increased to $1.66 in Q1 2025 from $1.01 in Q1 2024, reflecting a 64.4% rise[2] - The net income for the quarter ended March 31, 2025, was $5,395,000, compared to $3,435,000 for the same period in 2024, reflecting a year-over-year increase of approximately 57.1%[32] - Interest income for the quarter was $35,988,000, up from $32,708,000 in the prior year, indicating an increase of about 10.4%[32] - The company reported a net interest income of $25,298,000 for the quarter, compared to $23,443,000 in the same quarter of the previous year, reflecting an increase of approximately 7.9%[32] - Earnings per share (EPS) rose to $1.66, up from $1.01 in the same quarter last year, marking a significant increase of 64.4%[35] Loan and Deposit Growth - Community banking segment loans grew by $27.6 million, or 7.6% annualized, and $139.9 million, or 10.4% year-over-year[4] - Consumer finance segment loans decreased by $4.7 million, or 4.0% annualized, and $14.0 million, or 2.9% year-over-year[4] - Mortgage banking segment loan originations rose by $19.5 million, or 20.6%, to $113.8 million compared to Q1 2024[5] - Total loans reached $1,954,049 million, a 9.0% increase from $1,793,808 million in the previous year[34] - The total deposits as of March 31, 2025, were $2,216,654,000, up from $2,170,860,000 at the end of 2024, indicating a growth of about 2.1%[32] - Deposits increased by $45.8 million, or 8.4% annualized, and $128.7 million, or 6.2% year-over-year[4] Asset and Equity Growth - As of March 31, 2025, the total assets of C&F Financial Corporation were $2,612,530,000, an increase from $2,563,374,000 at December 31, 2024, representing a growth of approximately 1.9%[32] - Total consolidated equity increased by $8.3 million at March 31, 2025, compared to December 31, 2024[20] - Total equity as of March 31, 2025, was $235,271,000, an increase from $226,970,000 at the end of 2024, marking a growth of approximately 3.3%[32] - The tangible book value per share was reported at $64.39, while the book value per share was $72.51 as of March 31, 2025[23] Credit Quality and Losses - The allowance for credit losses was $22.5 million at March 31, 2025, representing 4.88% of total loans[14] - The provision for credit losses in the Community Banking segment was $100,000, down from $500,000 in the previous year, while the Consumer Finance segment's provision was $2,900,000, down from $3,000,000[32] - The allowance for credit losses (ACL) to total loans ratio was 1.18% as of March 31, 2025, slightly down from 1.20% a year prior[35] - Nonaccrual loans to total loans ratio increased to 0.08% from 0.02%, indicating a rise in asset quality concerns[35] Dividends and Returns - The Corporation increased its quarterly cash dividend by 5% to $0.46 per share, with a payout ratio of 27.7%[19] - The annualized return on average equity improved to 9.35% in Q1 2025 from 6.33% in Q1 2024[2] - The annualized return on average assets improved to 0.84% from 0.57% year-over-year[35] - The total risk-based capital ratio for C&F Financial Corporation remained stable at 14.1% as of March 31, 2025, consistent with the previous quarter[37] - The price to earnings ratio (ttm) decreased to 11.16 from 11.86, indicating a slight decline in market valuation relative to earnings[37] Company Overview - C&F Financial Corporation operates 31 banking offices and four commercial loan offices, providing a range of financial services across eastern and central Virginia[24] - C&F Financial Corporation emphasizes the use of non-GAAP financial measures to provide a clearer picture of its operating performance, including adjusted net income and adjusted return on average equity[26]

TOANO, Va., April 24, 2025 (GLOBE NEWSWIRE) -- C&F Financial Corporation (the Corporation) (NASDAQ: CFFI), the holding company for C&F Bank, today reported consolidated net income of $5.4 million for the first quarter of 2025, compared to $3.4 million for the first quarter of 2024. The following table presents selected financial performance highlights for the periods indicated: For The Quarter Ended Consolidated Financial Highlights (unaudited) 3/31/2025 3/31/2024 Consolidated net income (000's) $5,395 ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2024 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from _________ to _________ Commission file number 000-23423 C&F FINANCIAL CORPORATION (Exact name of registrant as specified in its charter) Virginia ...

Core Viewpoint - C&F Financial Corporation has declared a regular cash dividend of 46 cents per share, marking a 5 percent increase from the previous quarter's dividend of 44 cents per share, with payment scheduled for April 1, 2025 [1]. Group 1: Dividend Information - The board of directors has approved a cash dividend of 46 cents per share, payable on April 1, 2025, to shareholders of record on March 14, 2025 [1]. - This dividend reflects a 5 percent increase compared to the prior quarter's dividend of 44 cents per share [1]. Group 2: Company Overview - C&F Bank operates 31 banking offices and four commercial loan offices across eastern and central Virginia, providing full wealth management services through its subsidiary, C&F Wealth Management, Inc. [2]. - C&F Mortgage Corporation and its subsidiary, C&F Select LLC, offer mortgage loan origination services in Virginia and surrounding states [2]. - C&F Finance Company specializes in purchasing automobile, marine, and recreational vehicle loans primarily in the Mid-Atlantic, Midwest, and Southern United States from its headquarters in Henrico, Virginia [2].

TOANO, Va., Feb. 20, 2025 (GLOBE NEWSWIRE) -- The board of directors of C&F Financial Corporation (NASDAQ:CFFI) (the Corporation) has declared a regular cash dividend of 46 cents per share, which is payable April 1, 2025 to shareholders of record on March 14, 2025. This dividend represents a 5 percent increase over the prior quarter’s dividend amount of 44 cents per share. The Board of Directors of the Corporation continually reviews the amount of cash dividends per share and the resulting dividend payout r ...

EXHIBIT 99.1 Tuesday, January 28, 2025 Contact: Jason Long, CFO and Secretary (804) 843-2360 C&F Financial Corporation Announces Net Income for 2024 Toano, Va., January 28, 2025—C&F Financial Corporation (the Corporation) (NASDAQ: CFFI), the holding company for C&F Bank, today reported consolidated net income of $6.0 million for the fourth quarter of 2024, compared to $5.1 million for the fourth quarter of 2023. The Corporation reported consolidated net income of $19.9 million for the year ended December 31 ...

TOANO, Va., Jan. 28, 2025 (GLOBE NEWSWIRE) -- C&F Financial Corporation (the Corporation) (NASDAQ: CFFI), the holding company for C&F Bank, today reported consolidated net income of $6.0 million for the fourth quarter of 2024, compared to $5.1 million for the fourth quarter of 2023. The Corporation reported consolidated net income of $19.9 million for the year ended December 31, 2024, compared to $23.7 million for the year ended December 31, 2023. The following table presents selected financial performance ...

TOANO, Va., Jan. 28, 2025 (GLOBE NEWSWIRE) -- C&F Financial Corporation (the Corporation) (NASDAQ:CFFI), the holding company for C&F Bank, today reported consolidated net income of $6.0 million for the fourth quarter of 2024, compared to $5.1 million for the fourth quarter of 2023. The Corporation reported consolidated net income of $19.9 million for the year ended December 31, 2024, compared to $23.7 million for the year ended December 31, 2023. The following table presents selected financial performance h ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2024 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from _________ to _________ Commission File Number 000-23423 C&F FINANCIAL CORPORATION (Exact name of registrant as specified in its charter) ...

EXHIBIT 99.1 Tuesday, October 29, 2024 Contact: Jason Long, CFO and Secretary (804) 843-2360 C&F Financial Corporation Announces Net Income for Third Quarter and First Nine Months Toano, Va., October 29, 2024—C&F Financial Corporation (the Corporation) (NASDAQ: CFFI), the holding company for C&F Bank, today reported consolidated net income of $5.4 million for the third quarter of 2024, compared to $5.8 million for the third quarter of 2023. The Corporation reported consolidated net income of $13.9 million f ...