C&F Financial Corporation (CFFI) Balance Sheet
CFFI balance sheet, 2025
December 31, 2025 · U.S. dollars$2.77B assets = $2.51B liabilities + $262.3M equity
Both columns are drawn to the same scale: what CFFI owns equals what it owes plus shareholders’ equity. Hover a block for its value.
CFFI financial health
Descriptive bands, not a rating. Fiscal 2025.
CFFI balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $1.45B2016 | $2.77B2025 | +7.4%/yr | |
| Total liabilities | $1.31B2016 | $2.51B2025 | +7.4%/yr | |
| Shareholders’ equity | $139.2M2016 | $261.8M2025 | +7.3%/yr | |
| Cash & short-term investments | $313.2M2016 | $406.4M2025 | +2.9%/yr | |
| Total debt | $164.6M2016 | $113.3M2025 | −4.1%/yr | |
| Net cash (debt) | $148.7M2016 | $293.0M2025 | +$144.4M | |
| Working capital | −$812.5M2016 | −$1.95B2025 | −$1.1B | |
| Book value per share | $40.282016 | $80.852025 | +8.0%/yr | |
| Debt / equity | 1.182016 | 0.432025 | −0.75 | |
| Shares outstanding | 3.5M2016 | 3.2M2025 | −0.7%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
CFFI assets
CFFI liabilities and equity
CFFI debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
CFFI balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $406.4M | $132.0M | $537.6M | $539.3M | $640.8M | $373.1M | $355.2M | $329.9M | $338.4M | $313.2M |
| Cash & equivalents | $79.1M | $65.6M | $75.2M | $26.7M | $267.7M | $86.7M | $165.4M | $115.0M | $119.4M | $103.2M |
| Short-term investments | $327.2M | $66.5M | $462.4M | $512.6M | $373.1M | $286.4M | $189.7M | $214.9M | $219.0M | $210.0M |
| Receivables | $11.7M | $10.6M | $10.4M | $9.0M | $6.8M | $8.1M | $6.8M | $7.4M | $7.6M | $7.3M |
| Inventory | $0 | $0 | $99.1M | −$36.0M | −$275.6M | −$96.0M | −$173.3M | $617,000 | $418,000 | $761,000 |
| Other current assets | $0 | $0 | $0 | $36.0M | $275.6M | $96.0M | $173.3M | $0 | $0 | $0 |
| Total current assets | $418.1M | $142.6M | $548.0M | $548.2M | $647.6M | $381.2M | $361.9M | $337.4M | $346.0M | $320.5M |
| Property, plant & equipment (net) | $39.2M | $40.1M | $41.9M | $43.8M | $44.8M | $44.1M | $35.3M | $37.1M | $37.0M | $35.8M |
| Goodwill & intangible assets | $26.1M | $26.3M | $26.6M | $26.9M | $27.2M | $27.5M | $15.3M | $15.6M | $16.0M | $16.7M |
| Long-term investments | $327.2M | $418.6M | $462.4M | $512.6M | $1.83B | $1.81B | $1.36B | $1.28B | $1.27B | $1.23B |
| Other non-current assets | $1.96B | $1.94B | $1.36B | $1.20B | $0 | $0 | $0 | $0 | $0 | $0 |
| Total assets | $2.77B | $2.56B | $2.44B | $2.33B | $2.26B | $2.09B | $1.66B | $1.52B | $1.51B | $1.45B |
| Liabilities | ||||||||||
| Accounts payable | $3.7M | $4.4M | $3.5M | $950,000 | $715,000 | $1.1M | $1.3M | $920,000 | $838,000 | $703,000 |
| Short-term debt | $20.0M | $29.0M | $58.2M | $36.6M | $34.7M | $20.5M | $91.4M | $14.9M | $20.6M | $12.4M |
| Deferred revenue | — | — | −$3.5M | — | — | — | — | −$470.6M | −$248.5M | −$405.2M |
| Total current liabilities | $2.37B | $2.20B | $2.13B | $2.04B | $1.95B | $1.77B | $92.7M | $1.20B | $1.19B | $1.13B |
| Long-term debt | $93.3M | $93.6M | $51.3M | $55.5M | $55.7M | $55.7M | $144.8M | $144.8M | $147.2M | $152.2M |
| Other long-term liabilities | $43.3M | $38.5M | $41.8M | $39.2M | $47.7M | $62.4M | $0 | $27.2M | $27.2M | $27.6M |
| Total liabilities | $2.51B | $2.34B | $2.22B | $2.14B | $2.05B | $1.89B | $1.49B | $1.37B | $1.37B | $1.31B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $3.1M | $3.1M | $3.2M | $3.3M | $3.4M | $3.5M | $3.3M | $3.4M | $3.4M | $3.3M |
| Retained earnings (deficit) | $268.7M | $247.8M | $233.8M | $217.2M | $193.8M | $170.8M | $154.2M | $140.5M | $127.4M | $125.2M |
| Treasury stock | — | — | — | — | — | — | — | — | $0 | $0 |
| Accumulated other comprehensive income | −$11.2M | −$24.6M | −$26.7M | −$37.0M | −$2.1M | −$2.0M | −$2.2M | −$4.7M | −$1.9M | −$984,000 |
| Minority interest | $595,000 | $610,000 | $638,000 | $599,000 | $706,000 | $666,000 | $481,000 | — | $0 | $0 |
| Total shareholders' equity | $261.8M | $226.4M | $216.9M | $195.6M | $210.3M | $193.8M | $165.3M | $152.0M | $141.7M | $139.2M |
| Key figures | ||||||||||
| Total debt | $113.3M | $122.6M | $109.5M | $92.1M | $90.5M | $76.2M | $236.2M | $159.7M | $167.9M | $164.6M |
| Net cash (debt) | $293.0M | $9.4M | $428.1M | $447.2M | $550.4M | $296.9M | $119.0M | $170.2M | $170.5M | $148.7M |
| Working capital | −$1.95B | −$2.06B | −$1.58B | −$1.49B | −$1.30B | −$1.39B | $269.3M | −$860.1M | −$846.9M | −$812.5M |
| Tangible book value | $235.7M | $200.0M | $190.3M | $168.8M | $183.2M | $166.3M | $149.9M | $136.4M | $125.7M | $122.5M |
| Book value per share | $80.85 | $68.59 | $63.56 | $55.63 | $58.35 | $53.11 | $47.89 | $43.40 | $40.64 | $40.28 |
| Shares outstanding | 3.2M | 3.3M | 3.4M | 3.5M | 3.6M | 3.6M | 3.5M | 3.5M | 3.5M | 3.5M |
| Current ratio | 0.18 | 0.06 | 0.26 | 0.27 | 0.33 | 0.21 | 3.91 | 0.28 | 0.29 | 0.28 |
| Quick ratio | 0.18 | 0.06 | 0.26 | 0.27 | 0.33 | 0.21 | 3.91 | 0.28 | 0.29 | 0.28 |
| Debt / equity | 0.43 | 0.54 | 0.51 | 0.47 | 0.43 | 0.39 | 1.43 | 1.05 | 1.18 | 1.18 |
| Equity / assets | 9.5% | 8.8% | 8.9% | 8.4% | 9.3% | 9.3% | 10.0% | 10.0% | 9.4% | 9.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $520.4M | $428.9M | $406.4M | $322.2M | $373.7M | $315.0M | $132.0M | $458.2M | $449.4M | $485.6M | $537.6M | $531.2M |
| Cash & equivalents | $62.1M | $77.4M | $79.1M | $96.1M | $80.2M | $76.0M | $65.6M | $49.2M | $44.7M | $55.2M | $75.2M | $70.5M |
| Short-term investments | $458.3M | $351.5M | $327.2M | $226.1M | $293.5M | $239.1M | $66.5M | $409.0M | $404.8M | $430.4M | $462.4M | $460.7M |
| Receivables | $11.8M | $11.8M | $11.7M | $11.0M | $10.9M | $10.6M | $10.6M | $10.2M | $10.5M | $10.6M | $10.4M | $10.0M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$60.2M | −$431.5M | −$39.0M | $99.1M | −$80.6M |
| Other current assets | $44.1M | $0 | $0 | $0 | $0 | $0 | $0 | $60.2M | $431.5M | $39.0M | $0 | $80.6M |
| Total current assets | $576.2M | $27.0M | $418.1M | $333.2M | $384.6M | $325.6M | $142.6M | $468.4M | $459.9M | $496.2M | $548.0M | $541.2M |
| Property, plant & equipment (net) | $40.3M | $38.7M | $39.2M | $39.3M | $39.3M | $39.6M | $40.1M | $42.1M | $41.2M | $41.5M | $41.9M | $42.4M |
| Goodwill & intangible assets | $26.1M | $26.1M | $26.1M | $26.1M | $26.2M | $26.3M | $26.3M | $26.4M | $26.5M | $26.5M | $26.6M | $26.7M |
| Long-term investments | $319.8M | $351.5M | $327.2M | $226.1M | $293.5M | $239.1M | $418.6M | $409.0M | $404.8M | $430.4M | $462.4M | $460.7M |
| Other non-current assets | $1.85B | $2.37B | $1.96B | $2.09B | $1.94B | $1.98B | $1.94B | $1.60B | $1.56B | $1.48B | $1.36B | $1.35B |
| Total assets | $2.81B | $2.81B | $2.77B | $2.71B | $2.69B | $2.61B | $2.56B | $2.55B | $2.49B | $2.47B | $2.44B | $2.42B |
| Liabilities | ||||||||||||
| Accounts payable | $3.9M | $4.6M | $3.7M | $4.8M | $4.1M | $3.9M | $4.4M | $4.0M | $4.7M | $4.6M | $3.5M | $3.2M |
| Short-term debt | $52.7M | $20.0M | $20.0M | $20.0M | $42.6M | $35.9M | $29.0M | $48.6M | $25.0M | $27.8M | $58.2M | $95.7M |
| Deferred revenue | — | — | — | — | — | — | — | — | −$4.7M | −$4.6M | −$3.5M | — |
| Total current liabilities | $2.42B | $20.0M | $2.37B | $2.32B | $2.30B | $2.26B | $2.20B | $2.19B | $2.14B | $2.12B | $2.13B | $2.13B |
| Long-term debt | $118.2M | $83.3M | $93.3M | $93.4M | $103.5M | $83.5M | $93.6M | $93.7M | $93.8M | $93.8M | $51.3M | $51.4M |
| Other long-term liabilities | $0 | $2.44B | $43.3M | $41.1M | $39.0M | $37.2M | $38.5M | $40.8M | $43.5M | $38.7M | $41.8M | $42.7M |
| Total liabilities | $2.53B | $2.55B | $2.51B | $2.46B | $2.45B | $2.38B | $2.34B | $2.32B | $2.27B | $2.25B | $2.22B | $2.22B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $3.2M | $3.1M | $3.1M | $3.1M | $3.1M | $3.1M | $3.1M | $3.1M | $3.2M | $3.2M | $3.2M | $3.2M |
| Retained earnings (deficit) | $280.9M | $273.9M | $268.7M | $263.5M | $257.9M | $251.7M | $247.8M | $243.2M | $239.2M | $235.7M | $233.8M | $230.2M |
| Accumulated other comprehensive income | −$7.5M | −$12.6M | −$11.2M | −$14.4M | −$21.3M | −$20.3M | −$24.6M | −$19.5M | −$27.1M | −$28.7M | −$26.7M | −$41.1M |
| Minority interest | $607,000 | $642,000 | $595,000 | $604,000 | $603,000 | — | — | — | — | — | — | — |
| Total shareholders' equity | $277.8M | $265.5M | $261.8M | $253.3M | $240.3M | $234.6M | $226.4M | $227.3M | $218.5M | $216.3M | $216.9M | $199.8M |
| Key figures | ||||||||||||
| Total debt | $118.2M | $103.3M | $113.3M | $113.4M | $146.1M | $119.5M | $122.6M | $142.3M | $118.8M | $121.6M | $109.5M | $147.0M |
| Net cash (debt) | $402.2M | $325.7M | $293.0M | $208.8M | $227.6M | $195.6M | $9.4M | $315.9M | $330.6M | $364.1M | $428.1M | $384.1M |
| Working capital | −$1.85B | $7.0M | −$1.95B | −$1.99B | −$1.92B | −$1.93B | −$2.06B | −$1.72B | −$1.68B | −$1.62B | −$1.58B | −$1.59B |
| Tangible book value | $251.7M | $239.4M | $235.7M | $227.1M | $214.1M | $208.4M | $200.0M | $200.9M | $192.0M | $189.8M | $190.3M | $173.1M |
| Book value per share | $85.46 | $81.72 | $80.85 | $78.22 | $74.20 | $72.53 | $70.15 | $69.77 | $65.35 | $64.18 | $64.40 | $58.90 |
| Shares outstanding | 3.3M | 3.2M | 3.2M | 3.2M | 3.2M | 3.2M | 3.2M | 3.3M | 3.3M | 3.4M | 3.4M | 3.4M |
| Current ratio | 0.24 | 1.35 | 0.18 | 0.14 | 0.17 | 0.14 | 0.06 | 0.21 | 0.22 | 0.23 | 0.26 | 0.25 |
| Quick ratio | 0.22 | 22.03 | 0.18 | 0.14 | 0.17 | 0.14 | 0.06 | 0.21 | 0.22 | 0.23 | 0.26 | 0.25 |
| Debt / equity | 0.43 | 0.39 | 0.43 | 0.45 | 0.61 | 0.51 | 0.54 | 0.63 | 0.54 | 0.56 | 0.51 | 0.74 |
| Equity / assets | 9.9% | 9.4% | 9.5% | 9.3% | 8.9% | 9.0% | 8.8% | 8.9% | 8.8% | 8.8% | 8.9% | 8.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 3, 2026); data from EODHD.
CFFI financial position
At the end of fiscal 2025 (December 31, 2025), C&F Financial had total assets of $2.8 billion (up 8.0% from a year earlier), total liabilities of $2.5 billion and shareholders' equity of $261.8 million. It held $406.4 million in cash and short-term investments against $113.3 million of debt, a net cash position of $293.0 million. Its current ratio was 0.18. In the latest quarter (ended June 30, 2026) total assets were $2.8 billion and equity $277.8 million.
Related: CFFI income statement, CFFI cash flow statement, CFFI key metrics. See the CFFI stock overview for the latest quote and news.
CFFI balance sheet FAQ
What are C&F Financial's total assets?
C&F Financial reported total assets of $2.8 billion at the end of fiscal 2025 (December 31, 2025), compared with $2.6 billion a year earlier.
How much debt does C&F Financial have?
C&F Financial had $113.3 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.43.
How much cash does C&F Financial have?
C&F Financial held $406.4 million in cash and short-term investments at the end of fiscal 2025; with $113.3 million of debt that is net cash of $293.0 million.
What is C&F Financial's book value?
C&F Financial's shareholders' equity (book value) was $261.8 million at the end of fiscal 2025, or $80.85 per share.
What is C&F Financial's current ratio?
C&F Financial had current assets of $418.1 million and current liabilities of $2.4 billion, a current ratio of 0.18 (current liabilities exceed current assets).
How much goodwill does C&F Financial have?
C&F Financial carried $26.1 million of goodwill and intangible assets, 0.9% of total assets, at the end of fiscal 2025.