• C&F Financial completed sale of its interest in Bearing Insurance Group to an unaffiliated third party, effective May 1, 2026.
• Deal expected to generate about $8.3 million pre-tax gain in Q2 2026.
• Strategic restructuring of part of securities available-for-sale portfolio executed to reposition earnings profile.
• $72.6 million book value of AFS securities sold at 1.4% weighted average yield; about $67.8 million of AFS securities bought at about 4.7% weighted average yield.
• Portfolio move expected to produce about $7.1 million pre-tax loss in Q2 2026, lift annualized EPS by about $0.51, expand net interest margin by about 9 bps; Bearing sale expected to add about $1.9 per share to tangible book value after taxes.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. C&F Financial Corporation published the original content used to generate this news brief on May 07, 2026, and is solely responsible for the information contained therein.