Filing Flows › C & F Financial (CFFI) › Q1 2025
C & F Financial (CFFI) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 6, 2025
C & F Financial (CFFI) reported revenue of $32.6M for the first quarter 2025 (Q1 2025), +6% from a year earlier and +2% from the quarter before. Operating margin was 20.0%, net earnings $5.4M (16.5% of revenue).
C & F Financial, Q1 2025: revenue $32.6M (+6% year over year), operating margin 20.0%, net earnings $5.4M, operating cash flow $3.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $32.6M | +2% | +6% |
| Operating profit | $6.5M | -10% | +63% |
| Net earnings | $5.4M | -11% | +58% |
| Operating cash flow | $3.2M | -90% | +259% |
| Free cash flow | $2.9M | -91% | +618% |
What changed
Revenue was $32.6M in Q1 2025, up 6% year over year and up 2% from the previous quarter.
Operating profit was $6.5M, a 20.0% margin (up 7.0 points year over year). Of the extra revenue versus a year earlier, 131% reached operating profit, above the 13% margin then. Total costs fell 2% while revenue rose 6%. The fastest-growing cost line was Sales & marketing (+215%). Net earnings were $5.4M, up 58% year over year. The effective tax rate was 17.3%.
Operating cash flow was $3.2M (up 259% year over year), 60% of net earnings. Non-cash charges added back $1.0M of depreciation and amortization and $461K of share-based compensation. Working capital and other items used $3.6M. Capital expenditures of $267K left free cash flow of $2.9M.
Questions
What was C & F Financial's revenue in the first quarter 2025?
C & F Financial (CFFI) reported revenue of $32.6M for the first quarter 2025 (Q1 2025), +6% from a year earlier and +2% from the quarter before.
Was C & F Financial profitable in the first quarter 2025?
Operating profit was $6.5M (20.0% of revenue) and net earnings $5.4M.
Source: C & F Financial 10-Q on SEC EDGAR.