C&F Financial Corporation appoints Dr. David H. Downs to its Board of Directors, effective February 24, 2026.
Quiver AI Summary
C&F Financial Corporation announced the appointment of Dr. David H. Downs to its Board of Directors, effective February 24, 2026. Dr. Downs, who has over 12 years of experience on the C&F Central Virginia Advisory Board, is currently the Alfred L. Blake Endowed Chair Professor at Virginia Commonwealth University, where he focuses on finance, real estate, and investment research. His background includes serving as a U.S. Navy officer and working at Booz Allen Hamilton in management consulting. President and CEO Tom Cherry expressed confidence that Dr. Downs' expertise in real estate and risk management will benefit the Corporation. C&F Financial operates multiple banking and loan services throughout Virginia and surrounding areas.
Potential Positives
- Dr. David H. Downs brings extensive expertise in finance and real estate, enhancing the board's capability to drive strategic initiatives.
- With over 12 years of service on the C&F Central Virginia Advisory Board, Dr. Downs has established familiarity and commitment to the corporation and its community.
- His experience in risk management and financial regulation can provide valuable insights, potentially improving the corporation's strategic decision-making processes.
- The appointment reflects the corporation’s commitment to attracting knowledgeable leaders and strengthening its governance structure.
Potential Negatives
- The announcement of Dr. Downs' appointment may indicate that the Board lacks sufficient deep expertise or diversity in strategy, necessitating a new hire to bolster its capabilities.
- The press release does not address any recent challenges or controversies the company may have faced, which could raise concerns about transparency and accountability.
- There is no mention of strategic goals or future initiatives beyond this appointment, potentially reflecting a lack of clear direction for the company moving forward.
FAQ
Who has been appointed to the C&F Financial Corporation Board?
Dr. David H. Downs has been appointed to serve as a director effective February 24, 2026.
What are Dr. Downs' qualifications?
Dr. Downs is the Alfred L. Blake Endowed Chair Professor at VCU and has extensive experience in finance and investments.
How long has Dr. Downs served with C&F?
Dr. Downs has been a member of the C&F Central Virginia Advisory Board for over 12 years.
What is C&F Financial Corporation's main business?
C&F Financial Corporation is the holding company for C&F Bank, providing various banking and financial services in Virginia.
How can I learn more about C&F Financial Corporation's services?
Additional information can be found on the Corporation's website at http://www.cffc.com.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$CFFI Insider Trading Activity
$CFFI insiders have traded $CFFI stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $CFFI stock by insiders over the last 6 months:
- THOMAS F CHERRY (PRESIDENT & CEO) sold 1,205 shares for an estimated $85,555
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$CFFI Revenue
$CFFI had revenues of $36M in Q3 2025. This is an increase of 7.64% from the same period in the prior year.
You can track CFFI financials on Quiver Quantitative's CFFI stock page.
$CFFI Hedge Fund Activity
We have seen 32 institutional investors add shares of $CFFI stock to their portfolio, and 26 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- TRUFFLE HOUND CAPITAL, LLC removed 51,107 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $3,434,390
- BLACKROCK, INC. added 14,020 shares (+9.3%) to their portfolio in Q3 2025, for an estimated $942,144
- RAYMOND JAMES FINANCIAL INC removed 13,967 shares (-37.5%) from their portfolio in Q3 2025, for an estimated $938,582
- SUMMERHAVEN INVESTMENT MANAGEMENT, LLC added 12,715 shares (+inf%) to their portfolio in Q3 2025, for an estimated $854,448
- FIRST TRUST ADVISORS LP added 11,224 shares (+inf%) to their portfolio in Q3 2025, for an estimated $754,252
- FOURTHSTONE LLC removed 9,771 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $656,611
- MARSHALL WACE, LLP added 7,502 shares (+inf%) to their portfolio in Q3 2025, for an estimated $504,134
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
TOANO, Va., Jan. 23, 2026 (GLOBE NEWSWIRE) -- C&F Financial Corporation (the Corporation) (NASDAQ:CFFI), the holding company for C&F Bank, announced today that its Board of Directors has appointed Dr. David H. Downs to serve as a director of the Corporation effective February 24, 2026. Dr. Downs will also serve as a director of the Bank, where he has been a member of the C&F Central Virginia Advisory Board for over 12 years.
Dr. Downs is currently the Alfred L. Blake Endowed Chair Professor at Virginia Commonwealth University’s Department of Finance, Insurance and Real Estate and Director of The Kornblau Institute, which offers students and scholars a platform to research commercial and residential real estate. Dr. Downs’ research and curriculum focus on investments, financial regulation, valuation, and information economics. He previously served as an officer in the U.S. Navy’s Nuclear Submarine Program and worked at Booz Allen Hamilton in management consulting prior to his career in academia.
“We are fortunate to welcome Dr. Downs to our board of directors,” said Tom Cherry, President and Chief Executive Officer of the Corporation. “His expertise in real estate, investments, and risk management, combined with long-standing service to C&F and our communities, will be of great value to the Corporation.”
About C&F
C&F Bank operates 31 banking offices and five commercial loan offices located throughout Virginia and offers full wealth management services through its subsidiary C&F Wealth Management, Inc. C&F Mortgage Corporation and its subsidiary C&F Select LLC provide mortgage loan origination services through offices located in Virginia and the surrounding states. C&F Finance Company provides automobile, marine and recreational vehicle loans through indirect lending programs offered primarily in the Mid-Atlantic, Midwest and Southern United States from its headquarters in Henrico, Virginia.
Additional information regarding the Corporation’s products and services, as well as access to its filings with the Securities and Exchange Commission, are available on the Corporation’s website at http://www.cffc.com.
Contact:
Jason Long, CFO and Secretary
(804) 843-2360
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ba962452-d4e1-47ea-8e67-38b96caf70fd
