Valuation, from the filing
| Public float | $186.05M | Market value of stock held by non-affiliates, as stated on the cover page for 2025-06-30 |
|---|---|---|
| Float per share | $57.14 | Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself. |
| Float / net income | 6.9× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / revenue | 1.3× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / equity | 0.7× | A lower bound on the multiple, because affiliate holdings are excluded. |
Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.
Valuation over time
6.9× earnings today, against a median of 7.3× across 10 years on record. In line with its own history.
| Float measured | Public float | Float / net income | |
|---|---|---|---|
| 2025-06-30 | $186.05M | 6.9× | |
| 2024-06-30 | $147.65M | 7.4× | |
| 2023-06-30 | $170.82M | 7.2× | |
| 2022-06-30 | $151.25M | 5.2× | |
| 2021-06-30 | $171.47M | 6.0× | |
| 2020-06-30 | $114.21M | 5.2× | |
| 2019-06-28 | $176.73M | 9.4× | |
| 2018-06-30 | $205.72M | 11.4× | |
| 2017-06-30 | $153.47M | 23.4× | |
| 2016-06-30 | $143.77M | 10.7× |
Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.
How this compares in its industry
Percentile among the State Commercial Banks filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.
| Measure | Reported | Percentile | |
|---|---|---|---|
| FCF margin | 15.7% | 7th | |
| Net margin | 19.1% | 12th | |
| CapEx / revenue | 1.7% | 15th | |
| SBC / revenue | 1.3% | 20th | |
| Effective tax rate | 18.4% | 21th | |
| Revenue YoY growth | 10.6% | 76th |
C & F FINANCIAL CORP (CFFI) reported revenue of $40.87M and net income of $8.56M for the fiscal year ended 2026-06-30. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from C & F FINANCIAL CORP’s SEC filings, each linked to the filing it came from. It is classified by the SEC under State Commercial Banks.
Banks, brokers and insurers present a top line that is not comparable with an operating company’s revenue: it is reported net of interest expense, or as premiums earned, depending on the filer. The figures are the filer’s own and are traceable to the filing; the comparison across classes is what does not hold.
Income
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $40.87M | $36.26M | $35.88M | $36.02M | $36.36M | $32.58M | $32.05M | $33.46M | $31.15M | $30.65M |
| Cost of revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross profit | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating income | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Net income | $8.56M | $6.75M | $6.70M | $7.08M | $7.69M | $5.37M | $6.04M | $5.39M | $5.01M | $3.40M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 3.25M | shares 3.25M | Unavailable | shares 3.24M | shares 3.24M | shares 3.23M | Unavailable | shares 3.26M | shares 3.34M | shares 3.37M |
| Pretax income | $10.87M | $8.34M | $8.09M | $8.83M | $9.63M | $6.52M | $7.23M | $6.67M | $6.23M | $4.00M |
| Income tax expense | $2.24M | $1.55M | $1.38M | $1.72M | $1.86M | $1.13M | $1.20M | $1.25M | $1.20M | $565.00K |
| Diluted EPS | $2.63 | $2.08 | Unavailable | $2.18 | $2.37 | $1.66 | Unavailable | $1.65 | $1.50 | $1.01 |
| Selling, general & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total assets | $2.81B | $2.81B | $2.77B | $2.71B | $2.69B | $2.61B | $2.56B | $2.55B | $2.49B | $2.47B |
| Current assets | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total liabilities | $2.53B | $2.55B | $2.51B | $2.46B | $2.45B | $2.38B | $2.34B | $2.32B | $2.27B | $2.25B |
| Current liabilities | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total equity incl. NCI | $278.39M | $266.11M | $262.35M | $253.89M | $240.92M | $235.27M | $226.97M | $227.96M | $219.10M | $216.95M |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts receivable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Goodwill | $25.19M | $25.19M | $25.19M | $25.19M | $25.19M | $25.19M | $25.19M | $25.19M | $25.19M | $25.19M |
| Long-term debt | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts payable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Cash flow
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $24.69M | -$7.57M | $2.23M | $23.44M | -$4.39M | $3.21M | $33.77M | $404.00K | $1.70M | $895.00K |
| Capital expenditures | $2.41M | $322.00K | $756.00K | $740.00K | $566.00K | $267.00K | $430.00K | $2.03M | $539.00K | $485.00K |
| Investing cash flow | -$18.79M | -$35.58M | -$64.76M | -$14.98M | -$56.07M | -$33.54M | -$30.21M | -$44.48M | -$22.60M | -$49.62M |
| Financing cash flow | -$21.22M | $41.45M | $45.57M | $7.44M | $64.70M | $40.70M | $12.84M | $48.60M | $10.36M | $28.77M |
| Net change in cash | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Stock-based compensation | $547.00K | $514.00K | $487.00K | $444.00K | $455.00K | $461.00K | $465.00K | $485.00K | $463.00K | $510.00K |
| Common dividends paid | $1.56M | $1.56M | $1.49M | $1.49M | $1.49M | $1.49M | $1.42M | $1.43M | $1.46M | $1.48M |
| Common share repurchases | $367.00K | $614.00K | $507.00K | $0 | $10.00K | $426.00K | $969.00K | $3.25M | $3.51M | $1.03M |
| Depreciation & amortization | $950.00K | $940.00K | $971.00K | $968.00K | $996.00K | $988.00K | $1.02M | $945.00K | $959.00K | $937.00K |
Derived
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | $22.29M | -$7.89M | $1.47M | $22.70M | -$4.95M | $2.94M | $33.34M | -$1.63M | $1.16M | $410.00K |
| Gross margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| FCF margin | 54.5% | -21.8% | 4.1% | 63.0% | -13.6% | 9.0% | 104.0% | -4.9% | 3.7% | 1.3% |
| SBC / revenue | 1.3% | 1.4% | 1.4% | 1.2% | 1.3% | 1.4% | 1.5% | 1.4% | 1.5% | 1.7% |
| Current ratio | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Revenue YoY growth | 12.4% | 11.3% | 12.0% | 7.6% | 16.7% | 6.3% | 1.0% | 9.1% | -3.6% | -6.0% |
| Net margin | 21.0% | 18.6% | 18.7% | 19.6% | 21.2% | 16.5% | 18.8% | 16.1% | 16.1% | 11.1% |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | 5.9% | 0.9% | 2.1% | 2.1% | 1.6% | 0.8% | 1.3% | 6.1% | 1.7% | 1.6% |
| Long-term debt / equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 20.6% | 18.6% | 17.0% | 19.4% | 19.3% | 17.3% | 16.7% | 18.7% | 19.2% | 14.1% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open CFFI in the interactive workspace to inspect any figure back to its filing.
Source filings
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.