Filing Flows › C & F Financial (CFFI) › Q4 2025
C & F Financial (CFFI) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 3, 2026
C & F Financial (CFFI) reported revenue of $35.9M for the fourth quarter 2025 (Q4 2025), +12% from a year earlier and -0.4% from the quarter before. Operating margin was 22.6%, net earnings $6.7M (18.7% of revenue).
C & F Financial, Q4 2025: revenue $35.9M (+12% year over year), operating margin 22.6%, net earnings $6.7M, operating cash flow $2.2M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $35.9M | -0.4% | +12% |
| Operating profit | $8.1M | -8% | +12% |
| Net earnings | $6.7M | -5% | +11% |
| Operating cash flow | $2.2M | -90% | -93% |
| Free cash flow | $1.5M | -94% | -96% |
What changed
Revenue was $35.9M in Q4 2025, up 12% year over year and roughly flat from the previous quarter.
Operating profit was $8.1M, a 22.6% margin (unchanged year over year). Of the extra revenue versus a year earlier, 22% reached operating profit, below the 23% margin then. Total costs grew 12% against revenue growth of 12%. The fastest-growing cost line was Sales & marketing (+132%). Net earnings were $6.7M, up 11% year over year. The effective tax rate was 17.0%.
Operating cash flow was $2.2M (down 93% year over year), 33% of net earnings. Non-cash charges added back $1.0M of depreciation and amortization and $487K of share-based compensation. Working capital and other items used $5.9M. Capital expenditures of $756K left free cash flow of $1.5M.
Questions
What was C & F Financial's revenue in the fourth quarter 2025?
C & F Financial (CFFI) reported revenue of $35.9M for the fourth quarter 2025 (Q4 2025), +12% from a year earlier and -0.4% from the quarter before.
Was C & F Financial profitable in the fourth quarter 2025?
Operating profit was $8.1M (22.6% of revenue) and net earnings $6.7M.
Source: C & F Financial 10-K on SEC EDGAR.