WashingtonFirst Bankshares Company Profile (NASDAQ:WFBI)

About WashingtonFirst Bankshares (NASDAQ:WFBI)

WashingtonFirst Bankshares logoWashingtonFirst Bankshares, Inc. is a bank holding company. The Company, through its subsidiary, WashingtonFirst Bank (the Bank), operates banking offices throughout the Washington, D.C. metropolitan area. The Company's segments include Commercial Bank, Mortgage Bank, Wealth Management and Other. In addition, the Company provides wealth management services through its subsidiary, 1st Portfolio, Inc. (Wealth Advisors), located in Fairfax, Virginia, and mortgage banking services through the Bank's subsidiary, WashingtonFirst Mortgage Corporation, which operates in two locations: Fairfax, Virginia and Rockville, Maryland. The Company offers a range of commercial banking products and services to small-to-medium sized businesses, not-for-profit organizations, professional service firms and individuals in the greater Washington, D.C. metropolitan area.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Mid-Atlantic Banks
  • Sub-Industry: N/A
  • Symbol: NASDAQ:WFBI
  • CUSIP: N/A
  • Web: www.wfbi.com
Capitalization:
  • Market Cap: $434.12 million
  • Outstanding Shares: 13,021,000
Average Prices:
  • 50 Day Moving Avg: $29.36
  • 200 Day Moving Avg: $27.99
  • 52 Week Range: $18.57 - $36.16
P/E:
  • Trailing P/E Ratio: 23.65
  • Foreward P/E Ratio: 19.85
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $86.55 million
  • Price / Sales: 5.02
  • Book Value: $15.25 per share
  • Price / Book: 2.19
Dividend:
  • Annual Dividend: $0.28
  • Dividend Yield: 0.8%
Profitability:
  • Net Margins: 17.77%
  • Return on Equity: 13.42%
  • Return on Assets: 0.98%
Debt:
  • Debt-to-Equity Ratio: 5.88%
  • Current Ratio: 1.05%
  • Quick Ratio: 1.01%
Misc:
  • Average Volume: 41,512 shs.
  • Beta: 0.16
  • Short Ratio: 2.22
 

Frequently Asked Questions for WashingtonFirst Bankshares (NASDAQ:WFBI)

What is WashingtonFirst Bankshares' stock symbol?

WashingtonFirst Bankshares trades on the NASDAQ under the ticker symbol "WFBI."

How often does WashingtonFirst Bankshares pay dividends? What is the dividend yield for WashingtonFirst Bankshares?

WashingtonFirst Bankshares declared a quarterly dividend on Wednesday, May 17th. Investors of record on Monday, June 12th will be given a dividend of $0.07 per share on Monday, July 3rd. This represents a $0.28 annualized dividend and a yield of 0.84%. The ex-dividend date of this dividend is Thursday, June 8th. View WashingtonFirst Bankshares' Dividend History.

How were WashingtonFirst Bankshares' earnings last quarter?

WashingtonFirst Bankshares Inc (NASDAQ:WFBI) posted its quarterly earnings results on Thursday, January, 26th. The company reported $0.36 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.34 by $0.02. The firm had revenue of $21.55 million for the quarter, compared to analyst estimates of $21.85 million. WashingtonFirst Bankshares had a return on equity of 13.42% and a net margin of 17.77%. View WashingtonFirst Bankshares' Earnings History.

When will WashingtonFirst Bankshares make its next earnings announcement?

WashingtonFirst Bankshares is scheduled to release their next quarterly earnings announcement on Wednesday, July, 19th 2017. View Earnings Estimates for WashingtonFirst Bankshares.

Where is WashingtonFirst Bankshares' stock going? Where will WashingtonFirst Bankshares' stock price be in 2017?

3 brokerages have issued 1-year price targets for WashingtonFirst Bankshares' stock. Their forecasts range from $28.00 to $28.00. On average, they anticipate WashingtonFirst Bankshares' stock price to reach $28.00 in the next year. View Analyst Ratings for WashingtonFirst Bankshares.

Who are some of WashingtonFirst Bankshares' key competitors?

Who are WashingtonFirst Bankshares' key executives?

WashingtonFirst Bankshares' management team includes the folowing people:

  • Joseph S. Bracewell, Chairman of the Board of the Company and the Bank
  • Shaza L. Andersen, President, Chief Executive Officer, Director; Chief Executive Officer of the Bank
  • Michael J. Rebibo, President, Executive Vice of the Bank President of WashingtonFirst Mortgage and 1st Portfolio Wealth Advisors
  • Matthew R. Johnson, Chief Financial Officer, Executive Vice President of the Company and the Bank
  • George W. Connors IV, President, Director and Chief Credit Officer of the Bank, Director
  • Richard D. Horn, General Counsel, Corporate Secretary, Director of the Company and the Bank
  • Johnnie E. Wilson, Lead Independent Director
  • Obiora Menkiti, Director
  • Charles Elliott Andrews, Independent Director
  • Josephine S. Cooper, Independent Director

Who owns WashingtonFirst Bankshares stock?

WashingtonFirst Bankshares' stock is owned by many different of retail and institutional investors. Top institutional investors include ENDICOTT MANAGEMENT COMPANY (9.80%), Wellington Management Group LLP (4.76%), Castle Creek Capital Partners IV LP (3.78%), Vanguard Group Inc. (2.44%), Emerald Mutual Fund Advisers Trust (1.52%) and Mendon Capital Advisors Corp (0.78%). Company insiders that own WashingtonFirst Bankshares stock include Caren D Merrick, Donald W Fisher, John H Dalton, Jon Milton Peterson, Joseph S Bracewell, Juan A Mencia, Madhu K Mohan and Mark C Michael. View Institutional Ownership Trends for WashingtonFirst Bankshares.

Who sold WashingtonFirst Bankshares stock? Who is selling WashingtonFirst Bankshares stock?

WashingtonFirst Bankshares' stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Toth Financial Advisory Corp, JPMorgan Chase & Co., First Trust Advisors LP, Sandy Spring Bank, First Manhattan Co., TIAA CREF Investment Management LLC and Nationwide Fund Advisors. View Insider Buying and Selling for WashingtonFirst Bankshares.

Who bought WashingtonFirst Bankshares stock? Who is buying WashingtonFirst Bankshares stock?

WashingtonFirst Bankshares' stock was purchased by a variety of institutional investors in the last quarter, including Castle Creek Capital Partners IV LP, Vanguard Group Inc., Algebris Investments UK LLP, Renaissance Technologies LLC, Dimensional Fund Advisors LP, Geode Capital Management LLC, Spark Investment Management LLC and Bank of America Corp DE. Company insiders that have bought WashingtonFirst Bankshares stock in the last two years include Caren D Merrick, Donald W Fisher, John H Dalton, Jon Milton Peterson, Joseph S Bracewell, Madhu K Mohan and Mark C Michael. View Insider Buying and Selling for WashingtonFirst Bankshares.

How do I buy WashingtonFirst Bankshares stock?

Shares of WashingtonFirst Bankshares can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is WashingtonFirst Bankshares' stock price today?

One share of WashingtonFirst Bankshares stock can currently be purchased for approximately $33.34.


MarketBeat Community Rating for WashingtonFirst Bankshares (NASDAQ WFBI)
Community Ranking:  1.8 out of 5 ()
Outperform Votes:  22 (Vote Outperform)
Underperform Votes:  40 (Vote Underperform)
Total Votes:  62
MarketBeat's community ratings are surveys of what our community members think about WashingtonFirst Bankshares and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for WashingtonFirst Bankshares (NASDAQ:WFBI) (?)
Ratings Breakdown: 3 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $28.00 (16.02% downside)

Analysts' Ratings History for WashingtonFirst Bankshares (NASDAQ:WFBI)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/25/2017Keefe, Bruyette & WoodsReiterated RatingHold$28.00LowView Rating Details
10/24/2016Raymond James Financial, Inc.DowngradeOutperform -> Market PerformN/AView Rating Details
10/24/2016Citigroup IncDowngradeMarket PerformN/AView Rating Details
(Data available from 5/29/2015 forward)

Earnings

Earnings History for WashingtonFirst Bankshares (NASDAQ:WFBI)
Earnings by Quarter for WashingtonFirst Bankshares (NASDAQ:WFBI)
Earnings History by Quarter for WashingtonFirst Bankshares (NASDAQ WFBI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/19/2017        
1/26/2017Q4 2016$0.34$0.36$21.85 million$21.55 millionViewN/AView Earnings Details
7/21/2016$0.32$0.35$19.86 million$23.49 millionViewN/AView Earnings Details
4/23/2015Q115$0.28$12.86 millionViewN/AView Earnings Details
1/27/2014Q4$0.15ViewN/AView Earnings Details
10/18/2013Q3 13$0.27ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for WashingtonFirst Bankshares (NASDAQ:WFBI)
Current Year EPS Consensus Estimate: $1.53 EPS
Next Year EPS Consensus Estimate: $1.68 EPS

Dividends

Current Dividend Information for WashingtonFirst Bankshares (NASDAQ:WFBI)
Next Dividend:7/3/2017
Annual Dividend:$0.28
Dividend Yield:0.84%
Payout Ratio:20.45% (Trailing 12 Months of Earnings)
18.30% (Based on This Year's Estimates)
16.67% (Based on Next Year's Estimates)
Dividend Payments by Quarter for WashingtonFirst Bankshares (NASDAQ:WFBI)

Dividend History by Quarter for WashingtonFirst Bankshares (NASDAQ WFBI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/17/2017quarterly$0.070.84%6/8/20176/12/20177/3/2017
3/1/2017quarterly$0.071%3/9/20173/13/20174/3/2017
11/23/2016quarterly$0.071.04%12/9/201612/13/20161/3/2017
8/17/2016quarterly$0.061.01%9/8/20169/12/201610/3/2016
5/18/2016quarterly$0.061.1%6/8/20166/10/20167/1/2016
2/24/2016quarterly$0.061.14%3/9/20163/11/20164/1/2016
11/18/2015quarterly$0.061.09%12/10/201512/14/20151/4/2016
8/19/2015quarterly$0.051.05%9/8/20159/10/201510/1/2015
5/20/2015quarterly$0.051.18%6/8/20156/10/20157/1/2015
2/25/2015quarterly$0.051.26%3/9/20153/11/20154/1/2015
11/18/2014quarterly$0.051.33%12/10/201412/12/20141/2/2015
8/20/2014quarterly$0.041.06%9/8/20149/10/201410/1/2014
5/20/2014quarterly$0.041.08%6/6/20146/10/20147/1/2014
2/25/2014quarterly$0.041.12%3/7/20143/11/20144/1/2014
10/21/2013quarterly$0.0412/13/20131/2/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for WashingtonFirst Bankshares (NASDAQ:WFBI)
Insider Ownership Percentage: 22.86%
Institutional Ownership Percentage: 45.22%
Insider Trades by Quarter for WashingtonFirst Bankshares (NASDAQ:WFBI)
Institutional Ownership by Quarter for WashingtonFirst Bankshares (NASDAQ:WFBI)
Insider Trades by Quarter for WashingtonFirst Bankshares (NASDAQ:WFBI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
1/31/2017Madhu K MohanDirectorBuy2,854$27.74$79,169.96View SEC Filing  
12/2/2016Madhu K MohanDirectorBuy3,000$27.08$81,240.00View SEC Filing  
11/23/2016Madhu K MohanDirectorBuy3,197$27.20$86,958.40View SEC Filing  
11/22/2016Madhu K MohanDirectorBuy198$26.05$5,157.90View SEC Filing  
10/25/2016Joseph S BracewellInsiderBuy530$24.48$12,974.40View SEC Filing  
8/22/2016Caren D MerrickDirectorBuy4,065$23.98$97,478.70View SEC Filing  
8/11/2016Joseph S BracewellInsiderBuy450$24.00$10,800.00View SEC Filing  
6/13/2016Mark C MichaelDirectorBuy4,600$21.50$98,900.00View SEC Filing  
4/28/2016Joseph S BracewellChairmanBuy790$23.22$18,343.80View SEC Filing  
3/11/2016Juan A MenciaDirectorSell4,000$20.92$83,680.00View SEC Filing  
2/3/2016Joseph S. BracewellChairmanBuy630$21.11$13,299.30View SEC Filing  
12/7/2015Joseph S. BracewellChairmanBuy1,960$20.89$40,944.40View SEC Filing  
12/4/2015John H DaltonDirectorBuy5,000$20.00$100,000.00View SEC Filing  
9/3/2015Juan A. MenciaDirectorSell6,000$18.08$108,480.00View SEC Filing  
6/11/2015Donald W FisherDirectorBuy2,500$17.50$43,750.00View SEC Filing  
6/10/2015Donald W FisherDirectorBuy2,500$17.43$43,575.00View SEC Filing  
6/4/2015Jon Milton PetersonDirectorBuy2,940$17.00$49,980.00View SEC Filing  
5/20/2015Richard D HornGeneral CounselBuy1,152$16.89$19,457.28View SEC Filing  
5/19/2015Joseph S BracewellChairmanBuy1,421$16.90$24,014.90View SEC Filing  
2/9/2015Joseph S BracewellChairmanBuy2,677$15.75$42,162.75View SEC Filing  
10/22/2014William Clyde OldakerDirectorSell1,000$15.20$15,200.00View SEC Filing  
9/12/2014Juan A MenciaDirectorSell2,000$15.50$31,000.00View SEC Filing  
9/11/2014William Clyde OldakerDirectorSell5,405$15.40$83,237.00View SEC Filing  
9/9/2014Juan A MenciaDirectorSell6,000$15.30$91,800.00View SEC Filing  
8/5/2014John H DaltonDirectorBuy6,272$15.00$94,080.00View SEC Filing  
6/5/2014Jon Milton PetersonDirectorBuy2,834$14.76$41,829.84View SEC Filing  
5/2/2014Juan A MenciaDirectorSell9,576$15.25$146,034.00View SEC Filing  
5/1/2014Joseph S BracewellInsiderBuy1,200$15.40$18,480.00View SEC Filing  
10/28/2013Joseph S BracewellInsiderBuy1,200$13.70$16,440.00View SEC Filing  
8/26/2013Mark C MichaelDirectorBuy1,801$11.88$21,395.88View SEC Filing  
3/6/2013John H DaltonDirectorBuy10,245$11.91$122,017.95View SEC Filing  
2/5/2013Joseph S BracewellChairmanBuy16,027$11.30$181,105.10View SEC Filing  
2/5/2013Larry D MeyersDirectorBuy9,290$11.30$104,977.00View SEC Filing  
2/5/2013Richard D HornGeneral CounselBuy9,291$11.30$104,988.30View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for WashingtonFirst Bankshares (NASDAQ:WFBI)
Latest Headlines for WashingtonFirst Bankshares (NASDAQ:WFBI)
Source:
DateHeadline
investorplace.com logoFinish Line Inc (FINL) and WashingtonFirst Bankshares Inc (WFBI) Lead 9 Investor Filings
investorplace.com - May 26 at 4:35 PM
finance.yahoo.com logoWashingtonFirst Bankshares, Inc. Declares 15th Consecutive Quarterly Cash Dividend
finance.yahoo.com - May 17 at 10:39 PM
americanbankingnews.com logoWashingtonFirst Bankshares Inc Announces Quarterly Dividend of $0.07 (WFBI)
www.americanbankingnews.com - May 17 at 6:44 PM
rttnews.com logoWashingtonFirst Bankshares Inc. (WFBI) Jumped To A New High After Merger
www.rttnews.com - May 17 at 8:18 AM
americanbankingnews.com logoZacks: WashingtonFirst Bankshares Inc (WFBI) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - May 16 at 6:42 PM
finance.yahoo.com logoSandy Spring Bancorp Acquisition of WashingtonFirst Bankshares to Create Region’s Largest, Locally-Headquartered Community Bank
finance.yahoo.com - May 16 at 8:13 AM
finance.yahoo.com logoWashingtonFirst Bankshares, Inc. breached its 50 day moving average in a Bearish Manner : WFBI-US : May 2, 2017
finance.yahoo.com - May 2 at 6:44 PM
americanbankingnews.com logoWashingtonFirst Bankshares (WFBI) Receiving Somewhat Favorable Press Coverage, Report Shows
www.americanbankingnews.com - May 1 at 4:08 PM
americanbankingnews.com logoWashingtonFirst Bankshares Inc (WFBI) Lowered to Sell at Zacks Investment Research
www.americanbankingnews.com - April 29 at 7:30 AM
americanbankingnews.com logoWashingtonFirst Bankshares (WFBI) Given Daily News Impact Score of 0.31
www.americanbankingnews.com - April 28 at 1:32 PM
businesswire.com logoWashingtonFirst Bankshares, Inc. Reports 13% Increase in Net Income for First Quarter 2017
www.businesswire.com - April 24 at 6:59 PM
finance.yahoo.com logoWashingtonFirst Bankshares, Inc. breached its 50 day moving average in a Bullish Manner : WFBI-US : April 21, 2017
finance.yahoo.com - April 21 at 9:02 PM
americanbankingnews.com logoWashingtonFirst Bankshares Inc (WFBI) Scheduled to Post Quarterly Earnings on Wednesday
www.americanbankingnews.com - April 17 at 7:54 AM
americanbankingnews.com logoWashingtonFirst Bankshares Inc (WFBI) Cut to Hold at Zacks Investment Research
www.americanbankingnews.com - March 30 at 12:37 PM
finance.yahoo.com logoWASHINGTONFIRST BANKSHARES, INC. Financials
finance.yahoo.com - March 18 at 7:38 PM
us.rd.yahoo.com logoWashingtonFirst Bankshares Joins Rank Of Stocks With 95 Composite Rating
us.rd.yahoo.com - March 15 at 1:53 AM
finance.yahoo.com logoWashingtonFirst Bankshares Inc. Declares 14th Consecutive Quarterly Cash Dividend
finance.yahoo.com - February 28 at 8:14 PM
finance.yahoo.com logoIs WashingtonFirst (WFBI) Stock a Solid Choice Right Now?
finance.yahoo.com - February 10 at 6:35 AM
sg.finance.yahoo.com logoWashingtonFirst posts 4Q profit
us.rd.yahoo.com - January 27 at 9:02 PM
finance.yahoo.com logoNew Strong Buy Stocks for December 21st
finance.yahoo.com - December 21 at 11:31 AM
finance.yahoo.com logoWashingtonFirst Bankshares downgraded by Keefe Bruyette and Raymond James
finance.yahoo.com - October 24 at 7:42 PM
businesswire.com logoWashingtonFirst Bankshares, Inc. Reports Net Income Growth of 60% Over 2015 Q2 Results; Record Performance for First Six Months
www.businesswire.com - July 21 at 8:36 PM
finance.yahoo.com logoWashingtonFirst Bankshares Inc. Added to Russell 2000 Index
finance.yahoo.com - June 28 at 5:22 PM
finance.yahoo.com logoWashingtonFirst Bankshares (WFBI) Enters Oversold Territory
finance.yahoo.com - June 17 at 9:01 AM
biz.yahoo.com logoWASHINGTONFIRST BANKSHARES, INC. Files SEC form 8-K, Submission of Matters to a Vote of Security Holders
biz.yahoo.com - April 28 at 2:27 PM
biz.yahoo.com logoWASHINGTONFIRST BANKSHARES, INC. Files SEC form 10-K, Annual Report
biz.yahoo.com - March 15 at 4:45 PM
finance.yahoo.com logoWashingtonFirst Bankshares, Inc. Declares 10th Consecutive Quarterly Cash Dividend
finance.yahoo.com - February 23 at 4:30 PM
finance.yahoo.com logoWashingtonFirst Bankshares Inc. (WFBI)
finance.yahoo.com - February 21 at 11:45 AM
finance.yahoo.com logoWashingtonFirst Bank Announces the Opening of Its 18th Branch in Alexandria, Virginia
finance.yahoo.com - February 8 at 12:35 PM
finance.yahoo.com logoWashingtonFirst Bankshares, Inc. Announces Name Change of 1st Portfolio Lending to WashingtonFirst Mortgage
finance.yahoo.com - February 8 at 8:00 AM
finance.yahoo.com logoWashingtonFirst Bankshares, Inc. Announces Public Offering of 1,200,000 Shares of Common Stock
finance.yahoo.com - December 2 at 4:05 PM
biz.yahoo.com logoWASHINGTONFIRST BANKSHARES, INC. Files SEC form 8-K, Regulation FD Disclosure
biz.yahoo.com - November 17 at 4:18 PM
finance.yahoo.com logoWashingtonFirst Bankshares Inc. Declares 9th Consecutive Quarterly Cash Dividend and Increases Amount to $0.06 Per Share
finance.yahoo.com - November 17 at 4:10 PM
biz.yahoo.com logoWASHINGTONFIRST BANKSHARES, INC. Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - November 9 at 5:39 PM
biz.yahoo.com logoWASHINGTONFIRST BANKSHARES, INC. Files SEC form 8-K, Results of Operations and Financial Condition
biz.yahoo.com - October 22 at 4:58 PM
finance.yahoo.com logoWashingtonFirst Bankshares, Inc. Reports 28% Increase in Earnings for the First Nine Months of 2015
finance.yahoo.com - October 22 at 4:19 PM

Social

Chart

WashingtonFirst Bankshares (WFBI) Chart for Monday, May, 29, 2017

This page was last updated on 5/29/2017 by MarketBeat.com Staff