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C&F Financial Corporation Announces Record Net Income for 2021

Globe Newswire - Tue Jan 25, 2022

TOANO, Va., Jan. 25, 2022 (GLOBE NEWSWIRE) -- C&F Financial Corporation (the Corporation) (NASDAQ: CFFI), the one-bank holding company for C&F Bank, today reported consolidated net income of $29.1 million for the year ended December 31, 2021, which is the highest consolidated net income for any year in the Corporation’s history and represents an increase of $6.7 million, or 30 percent, as compared to the year ended December 31, 2020. Adjusted net income increased $7.6 million, or 34 percent, for the year ended December 31, 2021 compared to the year ended December 31, 2020.

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