C&F Financial Management

Management criteria checks 3/4

C&F Financial's CEO is Tom Cherry, appointed in Jan 2014, has a tenure of 10.33 years. total yearly compensation is $1.29M, comprised of 42.2% salary and 57.8% bonuses, including company stock and options. directly owns 1.22% of the company’s shares, worth $1.77M. The average tenure of the management team and the board of directors is 10.3 years and 8.7 years respectively.

Key information

Tom Cherry

Chief executive officer

US$1.3m

Total compensation

CEO salary percentage	42.2%
CEO tenure	10.3yrs
CEO ownership	1.2%
Management average tenure	10.3yrs
Board average tenure	8.7yrs

Recent management updates

Recent updates

C&F Financial (NASDAQ:CFFI) Is Due To Pay A Dividend Of $0.44

Mar 02

C&F Financial's (NASDAQ:CFFI) Shareholders Will Receive A Bigger Dividend Than Last Year

Sep 04

If You Had Bought C&F Financial's (NASDAQ:CFFI) Shares Three Years Ago You Would Be Down 34%

Jan 07

What Kind Of Shareholders Hold The Majority In C&F Financial Corporation's (NASDAQ:CFFI) Shares?

Dec 03

C&F Financial declares $0.38 dividend

Nov 18

CEO Compensation Analysis

How has Tom Cherry's remuneration changed compared to C&F Financial's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$21m
Dec 31 2023	US$1m	US$546k	US$24m
Sep 30 2023	n/a	n/a	US$29m
Jun 30 2023	n/a	n/a	US$30m
Mar 31 2023	n/a	n/a	US$30m
Dec 31 2022	US$1m	US$520k	US$29m
Sep 30 2022	n/a	n/a	US$25m
Jun 30 2022	n/a	n/a	US$26m
Mar 31 2022	n/a	n/a	US$27m
Dec 31 2021	US$1m	US$440k	US$29m
Sep 30 2021	n/a	n/a	US$31m
Jun 30 2021	n/a	n/a	US$30m
Mar 31 2021	n/a	n/a	US$26m
Dec 31 2020	US$978k	US$386k	US$22m
Sep 30 2020	n/a	n/a	US$18m
Jun 30 2020	n/a	n/a	US$17m
Mar 31 2020	n/a	n/a	US$19m
Dec 31 2019	US$940k	US$355k	US$19m
Sep 30 2019	n/a	n/a	US$18m
Jun 30 2019	n/a	n/a	US$19m
Mar 31 2019	n/a	n/a	US$18m
Dec 31 2018	US$848k	US$325k	US$18m
Sep 30 2018	n/a	n/a	US$11m
Jun 30 2018	n/a	n/a	US$9m
Mar 31 2018	n/a	n/a	US$8m
Dec 31 2017	US$806k	US$310k	US$7m

Compensation vs Market: Tom's total compensation ($USD1.29M) is above average for companies of similar size in the US market ($USD663.90K).

Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.

CEO

Tom Cherry (54 yo)

10.3yrs

Tenure

US$1,292,911

Compensation

Mr. Thomas F. Cherry, also known as Tom, has been the President of C&F Financial Corporation and Citizens and Farmers Bank (formerly known as Citizens & Farmers Bank) since December 2014. He has been Chief...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Larry Dillon	Executive Chairman of the Board	35.3yrs	US$449.90k	1.02% $ 1.5m
Thomas Cherry	President	10.3yrs	US$1.29m	1.22% $ 1.8m
Jason Long	Executive VP	8.2yrs	US$615.70k	0.30% $ 439.8k
John Seaman	Executive VP & Chief Credit Officer of C&F Bank	12.6yrs	US$464.97k	0.21% $ 301.6k
Steven Crone	President and CEO of C&F Finance Company	14.3yrs	US$611.12k	0.29% $ 424.2k
Rodney Overby	Executive VP & Chief Information Officer	8yrs	no data	no data
Bryan McKernon	President and CEO of C&F Mortgage Corporation	29.3yrs	US$537.68k	0.47% $ 678.9k
Mary-Jo Rawson	Senior VP & Controller	no data	no data	no data

10.3yrs

Average Tenure

65yo

Average Age

Experienced Management: CFFI's management team is seasoned and experienced (10.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Larry Dillon	Executive Chairman of the Board	35.3yrs	US$449.90k	1.02% $ 1.5m
Thomas Cherry	President	9.1yrs	US$1.29m	1.22% $ 1.8m
John Causey	Independent Director	40.3yrs	US$69.62k	0.87% $ 1.3m
D. Peay	Independent Director	4.5yrs	US$72.62k	0.071% $ 103.5k
James Napier	Independent Director	8.3yrs	US$63.56k	0.17% $ 243.0k
Paul Robinson	Independent Director	24.3yrs	US$65.42k	0.52% $ 748.9k
Audrey Holmes	Independent Director	17.1yrs	US$53.50k	0.40% $ 576.1k
C. Olsson	Lead Independent Director	17.1yrs	US$72.62k	0.32% $ 464.5k
George Sisson	Independent Director	4.3yrs	US$56.36k	0.16% $ 231.7k
Julie Agnew	Independent Director	1.3yrs	US$63.45k	0.12% $ 179.9k
Elizabeth Rilee-Kelley	Independent Director	7.1yrs	US$67.62k	0.12% $ 179.9k
Jeffery Smith	Independent Director	3.7yrs	US$53.13k	0.067% $ 96.8k

8.7yrs

Average Tenure

64.5yo

Average Age

Experienced Board: CFFI's board of directors are considered experienced (8.7 years average tenure).

C&F Financial Management

Management criteria checks 3/4

Key information

Recent management updates

C&F Financial Corporation, Annual General Meeting, Apr 16, 2024

Insufficient new directors

C&F Financial Corporation Announces Demise of James H. Hudson Iii Member of Board of Directors

C&F Financial Corporation Announces Demise of James H. Hudson Iii Member of Board of Directors

Insider recently sold US$108k worth of stock

President recently sold US$99k worth of stock

Recent updates

First quarter 2024 earnings released: EPS: US$1.02 (vs US$1.86 in 1Q 2023)

Investor sentiment deteriorates as stock falls 16%

C&F Financial Corporation, Annual General Meeting, Apr 16, 2024

Upcoming dividend of US$0.44 per share

New minor risk - Insider selling

C&F Financial (NASDAQ:CFFI) Is Due To Pay A Dividend Of $0.44

Full year 2023 earnings released: EPS: US$6.92 (vs US$8.29 in FY 2022)

Fourth quarter dividend of US$0.44 announced

C&F Financial Corporation Announces Quarterly Dividend, Payable on April 1, 2024

Full year 2023 earnings released: EPS: US$7.03 (vs US$8.29 in FY 2022)

C&F Financial Corporation (NasdaqGS:CFFI) announces an Equity Buyback for $10 million worth of its shares.

Upcoming dividend of US$0.44 per share at 2.9% yield

C&F Financial Corporation Declares Quarterly Cash Dividend, Payable on January 1, 2024

Third quarter 2023 earnings released: EPS: US$1.70 (vs US$1.85 in 3Q 2022)

Insufficient new directors

Upcoming dividend of US$0.44 per share at 3.5% yield

C&F Financial Corporation Declares Regular Cash Dividend, Payable on October 1, 2023

Second quarter 2023 earnings released: EPS: US$1.86 (vs US$1.91 in 2Q 2022)

C&F Financial Corporation Announces Demise of James H. Hudson Iii Member of Board of Directors

C&F Financial Corporation Announces Demise of James H. Hudson Iii Member of Board of Directors

Insider recently sold US$108k worth of stock

Upcoming dividend of US$0.44 per share at 3.3% yield

C&F Financial Corporation Announces Quarterly Dividend, Payable on July 1, 2023

First quarter 2023 earnings released: EPS: US$1.87 (vs US$1.59 in 1Q 2022)

Upcoming dividend of US$0.44 per share at 2.9% yield

Full year 2022 earnings released: EPS: US$8.29 (vs US$7.95 in FY 2021)

President recently sold US$99k worth of stock

President recently sold US$93k worth of stock

Full year 2022 earnings released

C&F Financial Corporation Appoints Julie R. Agnew as New Board Member

Upcoming dividend of US$0.42 per share

C&F Financial Corporation (NasdaqGS:CFFI) announces an Equity Buyback for $10 million worth of its shares.

Executive Chairman of the Board recently sold US$227k worth of stock

Third quarter 2022 earnings released: EPS: US$1.86 (vs US$2.16 in 3Q 2021)

Upcoming dividend of US$0.42 per share

C&F Financial's (NASDAQ:CFFI) Shareholders Will Receive A Bigger Dividend Than Last Year

C&F Financial's (NASDAQ:CFFI) Dividend Will Be Increased To $0.42

C&F Financial Corporation Declares a Regular Cash Dividend, Payable on October 1, 2022

C&F Financial raises dividend by 5% to $0.42

Second quarter 2022 earnings released: EPS: US$1.91 (vs US$2.19 in 2Q 2021)

C&amp;F Financial GAAP EPS of $1.91, revenue of $28.29M

C&F Financial Corporation Announces Dr. Julie Agnew Esignation from the Board of Directors, Effective August 16, 2022

C&F Financial (NASDAQ:CFFI) Is Due To Pay A Dividend Of US$0.40

Upcoming dividend of US$0.40 per share

C&F Financial (NASDAQ:CFFI) Will Pay A Dividend Of US$0.40

C&F Financial Corporation Announces Quarterly Dividend, Payable on July 1, 2022

Independent Director recently sold US$112k worth of stock

First quarter 2022 earnings released: EPS: US$1.62 (vs US$1.92 in 1Q 2021)

First quarter 2022 earnings released: EPS: US$1.62 (vs US$1.92 in 1Q 2021)

Upcoming dividend of US$0.40 per share

C&F Financial Corporation Announces Quarterly Dividend, Payable on April 1, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Upcoming dividend of US$0.40 per share

Third quarter 2021 earnings released: EPS US$2.18 (vs US$1.86 in 3Q 2020)

Upcoming dividend of US$0.40 per share

Second quarter 2021 earnings released: EPS US$2.20 (vs US$1.03 in 2Q 2020)

C&F Financial Corporation(NasdaqGS:CFFI) dropped from Russell 3000E Value Index

Upcoming dividend of US$0.40 per share

C&F Financial Corporation Announces Increase in Quarterly Dividend, Payable on July 1, 2021

First quarter 2021 earnings released: EPS US$1.95 (vs US$0.98 in 1Q 2020)

C&F Financial Corporation, Annual General Meeting, Apr 20, 2021

Should You Be Adding C&F Financial (NASDAQ:CFFI) To Your Watchlist Today?

Investor sentiment improved over the past week

Full year 2020 earnings released: EPS US$6.06 (vs US$5.47 in FY 2019)

New 90-day high: US$45.45

Why C&F Financial Corporation (NASDAQ:CFFI) Is A Dividend Rockstar

New 90-day high: US$42.50

Full year 2020 earnings released: EPS US$6.06 (vs US$5.47 in FY 2019)

If You Had Bought C&F Financial's (NASDAQ:CFFI) Shares Three Years Ago You Would Be Down 34%

C&F Financial GAAP EPS of $1.91, revenue of $28.29M