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C&F Financial (C&F Financial) Return-on-Tangible-Equity : 11.16% (As of Dec. 2023)


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What is C&F Financial Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. C&F Financial's annualized net income for the quarter that ended in Dec. 2023 was $20.3 Mil. C&F Financial's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $181.7 Mil. Therefore, C&F Financial's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 11.16%.

The historical rank and industry rank for C&F Financial's Return-on-Tangible-Equity or its related term are showing as below:

CFFI' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.3   Med: 13.17   Max: 16.57
Current: 11.06

During the past 13 years, C&F Financial's highest Return-on-Tangible-Equity was 16.57%. The lowest was 5.30%. And the median was 13.17%.

CFFI's Return-on-Tangible-Equity is ranked better than
50.9% of 1450 companies
in the Banks industry
Industry Median: 10.905 vs CFFI: 11.06

C&F Financial Return-on-Tangible-Equity Historical Data

The historical data trend for C&F Financial's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

C&F Financial Return-on-Tangible-Equity Chart

C&F Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.19 14.01 16.41 16.57 13.15

C&F Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.96 14.37 13.30 11.16 6.75

Competitive Comparison of C&F Financial's Return-on-Tangible-Equity

For the Banks - Regional subindustry, C&F Financial's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


C&F Financial's Return-on-Tangible-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, C&F Financial's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where C&F Financial's Return-on-Tangible-Equity falls into.



C&F Financial Return-on-Tangible-Equity Calculation

C&F Financial's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=23.604/( (168.764+190.28 )/ 2 )
=23.604/179.522
=13.15 %

C&F Financial's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=20.272/( (173.096+190.28)/ 2 )
=20.272/181.688
=11.16 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


C&F Financial  (NAS:CFFI) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


C&F Financial Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of C&F Financial's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


C&F Financial (C&F Financial) Business Description

Traded in Other Exchanges
N/A
Address
3600 La Grange Parkway, Toano, VA, USA, 23168
C&F Financial Corp is an American bank holding company. The company through its subsidiaries offers banking and related financial services to both individuals and businesses. It operates in three business activities: Community Banking, Mortgage Banking, and Consumer Finance. It mainly provides a range of lending activities, which include residential mortgage loans, commercial real estate loans, non-prime automobile lending, land acquisition, and development loans, and consumer loans. The company generates maximum revenue from the Community Banking segment.
Executives
Seaman John A Iii other: Chief Credit Officer 802 MAIN STREET, WEST POINT VA 23181
Thomas F Cherry officer: Senior Vice President & CFO
S Dustin Crone other: President of Major Subsidiary 802 MAIN STREET, WEST POINT VA 23181
Audrey Dale Holmes director 5120 ADKINS ROAD, PROVIDENCE FORGE VA 23140
Larry G Dillon director, officer: Chairman, President & CEO
Hudson James H Iii director
Jeffery O Smith director 3600 LA GRANGE PKWY, TOANO VA 23168
D Anthony Peay director 3600 LA GRANGE PKWY, TOANO VA 23168
Jason E Long officer: Chief Financial Officer 4136 LONGVIEW LANDING, WILLIAMSBURG VA 23188
Sisson George R Iii director 3600 LAGRANGE PARKWAY, TOANO VA 23168
Bryan Edwin Mckernon other: President of major subsidiary 1400 ALVERSER DRIVE, MIDLOTHIAN VA 23113
Causey J P Jr director 1021 EAST CARY STREET, PO BOX 2350, RICHMOND VA 23218-2350
Barry R Chernack director
Julie R Agnew director 100 PIERCES COURT, WILLIAMSBURG VA 23185
Elizabeth R Kelley director 324 5TH STREET, WEST POINT VA 23181

C&F Financial (C&F Financial) Headlines