C&F Financial Corporation (CFFI) - Net Assets
Based on the latest financial reports, C&F Financial Corporation (CFFI) has net assets worth $266.11 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.81 Billion) and total liabilities ($2.55 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check C&F Financial Corporation tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $266.11 Million |
| % of Total Assets | 9.46% |
| Annual Growth Rate | 7.5% |
| 5-Year Change | 24.32% |
| 10-Year Change | 88.45% |
| Growth Volatility | 9.81 |
C&F Financial Corporation - Net Assets Trend (1996–2025)
This chart illustrates how C&F Financial Corporation's net assets have evolved over time, based on quarterly financial data. See CFFI days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for C&F Financial Corporation (1996–2025)
The table below shows the annual net assets of C&F Financial Corporation from 1996 to 2025. For live valuation and market cap data, see C&F Financial Corporation (CFFI) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $262.35 Million | +15.59% |
| 2024-12-31 | $226.97 Million | +4.35% |
| 2023-12-31 | $217.52 Million | +10.85% |
| 2022-12-31 | $196.23 Million | -7.01% |
| 2021-12-31 | $211.02 Million | +8.51% |
| 2020-12-31 | $194.47 Million | +17.67% |
| 2019-12-31 | $165.27 Million | +8.76% |
| 2018-12-31 | $151.96 Million | +7.24% |
| 2017-12-31 | $141.70 Million | +1.79% |
| 2016-12-31 | $139.21 Million | +6.22% |
| 2015-12-31 | $131.06 Million | +6.03% |
| 2014-12-31 | $123.61 Million | +9.45% |
| 2013-12-31 | $112.94 Million | +10.51% |
| 2012-12-31 | $102.20 Million | +6.36% |
| 2011-12-31 | $96.09 Million | +3.57% |
| 2010-12-31 | $92.78 Million | +4.39% |
| 2009-12-31 | $88.88 Million | +37.03% |
| 2008-12-31 | $64.86 Million | -0.56% |
| 2007-12-31 | $65.22 Million | -4.09% |
| 2006-12-31 | $68.01 Million | +13.18% |
| 2005-12-31 | $60.09 Million | -14.04% |
| 2004-12-31 | $69.90 Million | +6.91% |
| 2003-12-31 | $65.38 Million | +16.27% |
| 2002-12-31 | $56.23 Million | +25.68% |
| 2001-12-31 | $44.74 Million | +15.38% |
| 2000-12-31 | $38.78 Million | +10.49% |
| 1999-12-31 | $35.10 Million | -4.10% |
| 1998-12-31 | $36.60 Million | +15.09% |
| 1997-12-31 | $31.80 Million | -1.29% |
| 1996-12-31 | $32.21 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to C&F Financial Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 801.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $268.70 Million | 102.65% |
| Common Stock | $3.15 Million | 1.20% |
| Other Comprehensive Income | $-11.17 Million | -4.27% |
| Other Components | $1.08 Million | 0.41% |
| Total Equity | $261.75 Million | 100.00% |
C&F Financial Corporation Competitors by Market Cap
The table below lists competitors of C&F Financial Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sino AG
XETRA:XTP
|
$241.93 Million |
|
G1 Secure Solutions Ltd
TA:GOSS
|
$241.93 Million |
|
GULF MARINE SVCS LS -02
F:G0M
|
$241.95 Million |
|
BTB Real Estate Investment Trust
TO:BTB-UN
|
$242.00 Million |
|
Horizon Oil Ltd
AU:HZN
|
$241.84 Million |
|
Isu Chemical Co Ltd
KO:005950
|
$241.80 Million |
|
Octave Specialty Group, Inc.
NYSE:OSG
|
$241.72 Million |
|
Xingda International Holdings Limited
F:XDH
|
$241.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in C&F Financial Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 226,360,000 to 261,753,000, a change of 35,393,000 (15.6%).
- Net income of 26,835,000 contributed positively to equity growth.
- Dividend payments of 5,953,000 reduced retained earnings.
- Share repurchases of 943,000 reduced equity.
- Other comprehensive income increased equity by 13,438,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $26.84 Million | +10.25% |
| Dividends Paid | $5.95 Million | -2.27% |
| Share Repurchases | $943.00K | -0.36% |
| Other Comprehensive Income | $13.44 Million | +5.13% |
| Other Changes | $2.02 Million | +0.77% |
| Total Change | $- | 15.64% |
Book Value vs Market Value Analysis
This analysis compares C&F Financial Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.94x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 10.44x to 0.94x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | $7.30 | $76.16 | x |
| 1997-12-31 | $7.20 | $76.16 | x |
| 1998-12-31 | $9.36 | $76.16 | x |
| 1999-12-31 | $9.34 | $76.16 | x |
| 2000-12-31 | $10.63 | $76.16 | x |
| 2001-12-31 | $12.49 | $76.16 | x |
| 2002-12-31 | $15.38 | $76.16 | x |
| 2003-12-31 | $17.31 | $76.16 | x |
| 2004-12-31 | $18.74 | $76.16 | x |
| 2005-12-31 | $17.13 | $76.16 | x |
| 2006-12-31 | $20.78 | $76.16 | x |
| 2007-12-31 | $20.63 | $76.16 | x |
| 2008-12-31 | $21.21 | $76.16 | x |
| 2009-12-31 | $29.15 | $76.16 | x |
| 2010-12-31 | $29.89 | $76.16 | x |
| 2011-12-31 | $30.29 | $76.16 | x |
| 2012-12-31 | $30.91 | $76.16 | x |
| 2013-12-31 | $32.79 | $76.16 | x |
| 2014-12-31 | $35.97 | $76.16 | x |
| 2015-12-31 | $38.52 | $76.16 | x |
| 2016-12-31 | $40.28 | $76.16 | x |
| 2017-12-31 | $40.64 | $76.16 | x |
| 2018-12-31 | $43.40 | $76.16 | x |
| 2019-12-31 | $47.89 | $76.16 | x |
| 2020-12-31 | $53.11 | $76.16 | x |
| 2021-12-31 | $58.35 | $76.16 | x |
| 2022-12-31 | $55.63 | $76.16 | x |
| 2023-12-31 | $63.56 | $76.16 | x |
| 2024-12-31 | $68.59 | $76.16 | x |
| 2025-12-31 | $80.85 | $76.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently C&F Financial Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.25%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.42%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 10.58x
- Recent ROE (10.25%) is below the historical average (13.04%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 12.61% | 32.81% | 0.05x | 7.97x | $839.72K |
| 1997 | 15.41% | 18.49% | 0.10x | 8.75x | $1.72 Million |
| 1998 | 16.67% | 18.21% | 0.10x | 8.77x | $2.44 Million |
| 1999 | 19.37% | 19.60% | 0.11x | 9.38x | $3.29 Million |
| 2000 | 15.05% | 16.50% | 0.10x | 8.96x | $1.96 Million |
| 2001 | 17.85% | 17.50% | 0.11x | 9.03x | $3.51 Million |
| 2002 | 17.36% | 18.75% | 0.09x | 9.81x | $4.14 Million |
| 2003 | 19.76% | 19.00% | 0.12x | 8.77x | $6.38 Million |
| 2004 | 16.02% | 17.09% | 0.11x | 8.71x | $4.21 Million |
| 2005 | 19.62% | 15.44% | 0.11x | 11.18x | $5.78 Million |
| 2006 | 17.84% | 14.11% | 0.12x | 10.80x | $5.33 Million |
| 2007 | 13.00% | 9.35% | 0.12x | 12.04x | $1.96 Million |
| 2008 | 6.45% | 4.60% | 0.11x | 13.19x | $-2.30 Million |
| 2009 | 6.22% | 5.44% | 0.11x | 10.00x | $-3.36 Million |
| 2010 | 8.74% | 8.15% | 0.11x | 9.75x | $-1.17 Million |
| 2011 | 13.50% | 14.27% | 0.10x | 9.66x | $3.37 Million |
| 2012 | 16.03% | 16.79% | 0.10x | 9.56x | $6.16 Million |
| 2013 | 12.75% | 14.14% | 0.08x | 11.62x | $3.11 Million |
| 2014 | 9.99% | 11.66% | 0.08x | 10.83x | $-17.00K |
| 2015 | 9.56% | 11.63% | 0.08x | 10.72x | $-575.90K |
| 2016 | 9.67% | 11.65% | 0.08x | 10.43x | $-462.40K |
| 2017 | 4.64% | 5.63% | 0.08x | 10.65x | $-7.60 Million |
| 2018 | 11.86% | 15.34% | 0.08x | 10.01x | $2.82 Million |
| 2019 | 11.41% | 15.11% | 0.08x | 10.03x | $2.33 Million |
| 2020 | 11.41% | 14.92% | 0.07x | 10.76x | $2.74 Million |
| 2021 | 13.63% | 20.48% | 0.06x | 10.77x | $7.64 Million |
| 2022 | 14.90% | 23.62% | 0.05x | 11.92x | $9.60 Million |
| 2023 | 10.88% | 15.76% | 0.06x | 11.24x | $1.92 Million |
| 2024 | 8.76% | 11.91% | 0.06x | 11.32x | $-2.80 Million |
| 2025 | 10.25% | 14.42% | 0.07x | 10.58x | $659.70K |
Industry Comparison
This section compares C&F Financial Corporation's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $389,399,400
- Average return on equity (ROE) among peers: 10.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| C&F Financial Corporation (CFFI) | $266.11 Million | 12.61% | 9.57x | $241.89 Million |
| Ameris Bancorp (ABCB) | $514.76 Million | 7.94% | 9.86x | $4.95 Billion |
| Ameris Bancorp (ABCB) | $68.20 Million | 10.85% | 9.15x | $5.79 Billion |
| ACNB Corporation (ACNB) | $51.46 Million | 12.55% | 7.93x | $483.21 Million |
| Affinity Bancshares Inc (AFBI) | $76.38 Million | 0.59% | 3.01x | $137.13 Million |
| Alerus Financial Corp (ALRS) | $127.25 Million | 8.42% | 8.09x | $736.27 Million |
| Amalgamated Bank (AMAL) | $508.95 Million | 16.01% | 14.41x | $1.27 Billion |
| Amerant Bancorp Inc. (AMTB) | $1.00 Billion | 3.23% | 8.67x | $974.56 Million |
| Arrow Financial Corporation (AROW) | $431.85 Million | 10.18% | 9.29x | $622.98 Million |
| Associated Banc-Corp (ASB) | $968.70 Million | 17.34% | 12.55x | $5.45 Billion |
| AmeriServ Financial Inc (ASRV) | $141.70 Million | 14.89% | 15.78x | $62.43 Million |
About C&F Financial Corporation
C&F Financial Corporation operates as a bank holding company for Citizens and Farmers Bank that provides banking services to individuals and businesses. It operates through three segments: Community Banking, Mortgage Banking, and Consumer Finance. The Community Banking segment offers various banking services, such as checking and savings deposit accounts; and business, real estate, development, m… Read more