TOANO, Va. (AP) — TOANO, Va. (AP) — C&F Financial Corp. (CFFI) on Tuesday reported fourth-quarter net income of $6 million.
The bank, based in Toano, Virginia, said it had earnings of $1.87 per share.
The bank posted revenue of $43.4 million in the period. Its revenue net of interest expense was $32.1 million, which topped Street forecasts.
For the year, the company reported profit of $19.9 million, or $6.01 per share. Revenue was reported as $127.3 million.
C&F shares have risen nearly 5% since the beginning of the year. The stock has climbed 27% in the last 12 months.
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