💨 Abstract

C&F Financial Corp. reported a net income of $5.4 million for the first quarter, with earnings of $1.66 per share. The Toano, Virginia-based bank posted revenue of $43.6 million, with revenue net of interest expense at $32.6 million, exceeding Street forecasts. Despite a 6% drop since the beginning of the year, the stock has increased 73% in the previous 12 months.

Courtesy: wtop.com

Summarized by Einstein Beta 🤖