C&F Financial Corporation (CFFI) investor relations material

Executive summary

• Delivered consistent financial performance with a clear long-term strategy and sound risk management.

• Net income for Q2 2026 was $8.6 million, up 11.1% year-over-year; first six months net income was $15.4 million, up 17.2% year-over-year.

• Expanded branch and loan office footprint in Virginia, including new locations in Roanoke and Lynchburg.

• Maintained a strong balance sheet and asset quality, supporting organic and non-organic growth.

• Results included an $8.3 million pre-tax gain from the sale of an equity interest and a $7.1 million pre-tax loss from securities portfolio restructuring.

Financial highlights

• Net income for Q2 2026 was $8.6 million, up from $7.8 million in Q2 2025.

• Earnings per share (EPS) for Q2 2026 was $2.63, compared to $2.37 in Q2 2025; adjusted EPS was $2.40.

• Net interest income for Q2 2026 was $29.1 million, up from $26.5 million in Q2 2025.

• Total assets reached $2.81 billion as of June 30, 2026, up from $2.69 billion a year earlier.

• Tangible book value per share rose to $77.45 as of June 30, 2026.

Outlook and guidance

• Positioned for continued value creation through strategic initiatives in technology, efficiency, and risk management.

• Management expects continued positive impact from geographic expansion and securities portfolio restructuring.

• Focus on organic growth, community engagement, and cross-company collaboration.

• Strategic initiatives, including expansion into Southwest Virginia and hiring in Lynchburg, are anticipated to support future performance.