WEST POINT, Va. (AP) _ C&F Financial Corp. (CFFI) on Thursday reported fourth-quarter net income of $4 million, after reporting a loss in the same period a year earlier.
The West Point, Virginia-based bank said it had earnings of $1.13 per share.
The bank posted revenue of $28.9 million in the period. Its revenue net of interest expense was $25.9 million, exceeding Street forecasts.
For the year, the company reported profit of $18 million, or $5.15 per share. Revenue was reported as $107.3 million.
C&F shares have dropped 7 percent since the beginning of the year. The stock has fallen 14 percent 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