
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
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Net Income |
| $7.77 mln |
|
Q2 Basic EPS |
| $2.37 |
|
Q2 Dividend |
| $0.46 |
|
Press Release: ID:nGNX14qbJV