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CFFI — C&F Financial News Story

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C&F Financial Q2 net income rises on loan growth

Overview

C&F Financial Q2 net income rises 54.3% to $7.8 mln, driven by loan growth

Earnings per share for Q2 increased to $2.37 from $1.50 year-over-year

Community banking and mortgage segments show strong performance, boosting overall results

Outlook

Company expects continued loan and deposit growth in community banking segment

C&F Financial optimistic about second half of 2025

Company expands into Southwest Virginia to strengthen market presence

Result Drivers

LOAN GROWTH - Community banking segment loans grew significantly, boosting interest income

MORTGAGE ORIGINATIONS - Increased mortgage loan originations drove higher gains on sales and fee income

CREDIT LOSS REVERSAL - Net reversal of provision for credit losses in community banking segment aided earnings

Key Details

MetricBeat/MissActualConsensus Estimate
Q2 Net Income$7.77 mln
Q2 Basic EPS$2.37
Q2 Dividend$0.46
Press Release: ID:nGNX14qbJV (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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