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TOANO, Va. (AP) _ C&F Financial Corp. (CFFI) on Wednesday reported fourth-quarter profit of $8 million.
The Toano, Virginia-based bank said it had earnings of $2.19 per share. Earnings, adjusted for non-recurring gains, were $1.91 per share.
The bank posted revenue of $44.6 million in the period. Its revenue net of interest expense was $41.7 million, topping Street forecasts.
For the year, the company reported profit of $22.1 million, or $6.06 per share. Revenue was reported as $138.9 million.
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C&F shares have risen slightly more than 2% since the beginning of the year. The stock has fallen 26% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CFFI at https://www.zacks.com/ap/CFFI
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