Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

C&F Financial Q1 Profit Rises

C&F Financial Corp. (CFFI: Quote) reported first-quarter net income available to common shareholders of $3.6 million or $1.11 per share, up from $2.7 million or $0.85 per share last year.

Net interest income for the quarter rose to $15.9 million from $14.6 million a year ago.

Fully taxable equivalent, or FTE, net interest income for the quarter rose to $16.5 million from $15.2 million last year.

Annualized net interest margin for the quarter rose to 7.63 percent from 7.29 percent in the prior-year quarter.

Click here to receive FREE breaking news email alerts for C&F Financial Corp. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
FCA US, until recently known as Chrysler, said Friday it is recalling 257,000 Dodge Ram pickups. The auto maker says the rear axle pinion nut on certain model year 2005 Dodge Ram 1500 trucks may loosen due to an undersized spline on the pinion gear. If the pinion nut loosens, the rear axle may... This medical device company has a very impressive track record of growing business over the past decade. increasing sales from $490.2 million in 2004 to $1.72 billion this year. The Silicone Hydrogel daily disposable lens portfolio constitutes a major avenue for growth. A Thai company has bought iconic U.S. tuna brand Bumble Bee for $1.51 billion dollars. Thai Union Frozen Products Public Company Limited or TUF, the world's largest processor of shelf-stable tuna products snapped up Bumble Bee from private equity firm Lion Capital. Post Synergies, the transaction...
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.