Brief: C&F Financial Corporation Announces Sale Of Interest In Bearing Insurance Group And Executes Strategic Restructuring Of Securities Portfolio
07/05/2026 23:28
May 7 (Reuters) - C&F Financial Corp CFFI.O: C&F FINANCIAL CORPORATION ANNOUNCES SALE OF INTEREST IN BEARING INSURANCE GROUP AND EXECUTES STRATEGIC RESTRUCTURING OF SECURITIES PORTFOLIO CF FINANCIAL CORP - ESTIMATES PRE-TAX GAIN OF $8.3 MILLION ON SALE TO BE INCLUDED IN Q2 2026 RESULTS CF FINANCIAL CORP - ESTIMATES PRE-TAX LOSS OF $7.1 MILLION FROM PORTFOLIO RESTRUCTURING IN Q2 2026 RESULTS CF FINANCIAL CORP - PORTFOLIO RESTRUCTURING EXPECTED TO IMPROVE ANNUALIZED EPS BY $0.51 AND NET INTEREST MARGIN BY 9 BPS Source text: ID:nGNX1C0G57 Further company coverage: CFFI.O ((Reuters.Briefs@thomsonreuters.com;))
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Brief: C&F Financial Corporation Announces Sale Of Interest In Bearing Insurance Group And Executes Strategic Restructuring Of Securities Portfolio
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