C&F Financial sells Bearing Insurance Group stake to unaffiliated third party

C&F Financial Corporation

C&F Financial Corporation

CFFI

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  • C&F Financial sold its interest in Bearing Insurance Group to an unaffiliated third party, effective May 1, 2026.
  • Transaction expected to generate pre-tax gain of about $8.3 million, slated for second-quarter 2026 results.
  • Gain expected to lift tangible book value per share by about $1.9 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 via GlobeNewswire (Ref. ID: 202605071746PRIMZONEFULLFEED9716114) on May 07, 2026, and is solely responsible for the information contained therein.

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