TOANO, Va. (AP) — TOANO, Va. (AP) — C&F Financial Corp. (CFFI) on Friday reported first-quarter profit of $3.4 million.
The Toano, Virginia-based bank said it had earnings of $1.01 per share.
The bank posted revenue of $40.2 million in the period. Its revenue net of interest expense was $30.7 million, beating Street forecasts.
C&F shares have declined 46% since the beginning of the year. In the final minutes of trading on Friday, shares hit $36.97, a decline of 34% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CFFI at https://www.zacks.com/ap/CFFI
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
