About Xenith Bankshares (NASDAQ:XBKS)
Xenith Bankshares, Inc., formerly Hampton Roads Bankshares, Inc., is a bank holding company for Xenith Bank. Xenith Bank is a commercial bank specifically targeting the banking needs of middle market and small businesses, local real estate developers and investors, and retail banking clients. Xenith Bank's regional area of operations spans from Baltimore, Maryland, to Raleigh and eastern North Carolina, complementing its presence in greater Washington, D.C., greater Richmond, Virginia, and greater Hampton Roads, Virginia. Its service and products consist primarily of taking deposits from, and making loans to, its target customers within its target markets. It offers other banking related specialized products and services to its customers, such as travelers' checks, coin counters, wire services, online banking and safe deposit box services. Additionally, it offers commercial customers various cash management products, including remote deposit.
Industry, Sector and Symbol:
- Industry: Banks
- Sub-Industry: N/A
- Sector: Finance
- Symbol: NASDAQ:XBKS
- CUSIP: N/A
- Web: www.xenithbank.com
- Debt-to-Equity Ratio: 0.30%
- Current Ratio: 1.00%
- Quick Ratio: 0.99%
Sales & Book Value:
- Trailing P/E Ratio: 28.78
- Forward P/E Ratio: 29.95
- Annual Sales: $103.54 million
- Price / Sales: 7.45
- Cash Flow: $2.63 per share
- Price / Cash: 12.64
- Book Value: $20.08 per share
- Price / Book: 1.66
- Trailing EPS: $1.03
- Net Income: $57.04 million
- Net Margins: 18.26%
- Return on Equity: 5.55%
- Return on Assets: 0.82%
- Employees: 490
- Outstanding Shares: 23,220,000
Frequently Asked Questions for Xenith Bankshares (NASDAQ:XBKS)
What is Xenith Bankshares' stock symbol?
Xenith Bankshares trades on the NASDAQ under the ticker symbol "XBKS."
How were Xenith Bankshares' earnings last quarter?
Xenith Bankshares, Inc. (NASDAQ:XBKS) posted its quarterly earnings data on Wednesday, October, 25th. The bank reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.05. The bank earned $29.40 million during the quarter. Xenith Bankshares had a net margin of 18.26% and a return on equity of 5.55%. View Xenith Bankshares' Earnings History.
Where is Xenith Bankshares' stock going? Where will Xenith Bankshares' stock price be in 2017?
3 analysts have issued 12-month price targets for Xenith Bankshares' shares. Their forecasts range from $28.00 to $28.00. On average, they anticipate Xenith Bankshares' stock price to reach $28.00 in the next year. View Analyst Ratings for Xenith Bankshares.
Who are some of Xenith Bankshares' key competitors?
Some companies that are related to Xenith Bankshares include Westamerica Bancorporation (WABC), First Busey Corporation (BUSE), First Commonwealth Financial (FCF), BGEO Group plc (BGEO), Tompkins Financial (TMP), FB Financial Corporation (FBK), Lakeland Financial Corporation (LKFN), Brookline Bancorp (BRKL), State Bank Financial Corporation. (STBZ), Seacoast Banking Corporation of Florida (SBCF), First Bancorp (FBNC), Aldermore Group PLC (ALD), City Holding Company (CHCO), Banc of California (BANC), First BanCorp. (FBP), Southside Bancshares (SBSI), Hanmi Financial Corporation (HAFC) and Cardinal Financial Corporation (CFNL).
Who are Xenith Bankshares' key executives?
Xenith Bankshares' management team includes the folowing people:
- Donna Richards, President, Chief Operating Officer (Age 52)
- T. Gaylon Layfield III, Chief Executive Officer, Director (Age 64)
- Thomas W. Osgood, Chief Financial Officer, Executive Vice President (Age 60)
- W. Thomas Mears, President & Chief Executive Officer of Shore Bank and President - Commercial Banking of Bank of Hampton Roads (Age 49)
- Thomas B. Dix III, Executive Vice President, Co-Head of Commercial Banking, Hampton Roads, Maryland and North Carolina (Age 37)
- Judy C. Gavant, Senior Vice President, Chief Accounting Officer, Controller (Age 55)
- Henry P. Custis Jr., Chairman Emeritus (Age 69)
- James F. Burr CPA, Director (Age 51)
- Palmer P. Garson, Director
- Edward Grebow, Director (Age 67)
Who owns Xenith Bankshares stock?
Xenith Bankshares' stock is owned by many different of retail and institutional investors. Top institutional investors include SG Americas Securities LLC (0.72%), Schwab Charles Investment Management Inc. (0.17%), Brown Advisory Inc. (0.15%), Wells Fargo & Company MN (0.04%) and First Trust Advisors LP (0.04%). Company insiders that own Xenith Bankshares stock include Edward Grebow, James Floyd Burr, Linda Majikes, Ronald E Davis, W Thomas Mears, Wellington W Cottrell III, William A Paulette and William Callaghan. View Institutional Ownership Trends for Xenith Bankshares.
Who sold Xenith Bankshares stock? Who is selling Xenith Bankshares stock?
Xenith Bankshares' stock was sold by a variety of institutional investors in the last quarter, including Brown Advisory Inc.. Company insiders that have sold Xenith Bankshares company stock in the last year include Linda Majikes, William A Paulette and William Callaghan. View Insider Buying and Selling for Xenith Bankshares.
Who bought Xenith Bankshares stock? Who is buying Xenith Bankshares stock?
Xenith Bankshares' stock was bought by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, Schwab Charles Investment Management Inc., First Trust Advisors LP and Wells Fargo & Company MN. Company insiders that have bought Xenith Bankshares stock in the last two years include Edward Grebow, James Floyd Burr, Ronald E Davis and Wellington W Cottrell III. View Insider Buying and Selling for Xenith Bankshares.
How do I buy Xenith Bankshares stock?
Shares of Xenith Bankshares can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Xenith Bankshares' stock price today?
One share of Xenith Bankshares stock can currently be purchased for approximately $33.24.
How big of a company is Xenith Bankshares?
Xenith Bankshares has a market capitalization of $748.25 million and generates $103.54 million in revenue each year. The bank earns $57.04 million in net income (profit) each year or $1.03 on an earnings per share basis. Xenith Bankshares employs 490 workers across the globe.
How can I contact Xenith Bankshares?
Xenith Bankshares' mailing address is ONE JAMES CENTER 901 E. CARY STREET SUITE 1700, RICHMOND VA, 23219. The bank can be reached via phone at 804-433-2200 or via email at [email protected]
MarketBeat Community Rating for Xenith Bankshares (NASDAQ XBKS)MarketBeat's community ratings are surveys of what our community members think about Xenith 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.
Analysts' Consensus Rating for Xenith Bankshares (NASDAQ:XBKS) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 2 Hold Ratings, 1 Buy Rating, 0 Strong Buy Ratings|
|Consensus Rating:||Hold (Score: 2.33)|
|Consensus Price Target: ||$28.00 (15.76% downside)|
Consensus Price Target History for Xenith Bankshares (NASDAQ:XBKS)
Analysts' Ratings History for Xenith Bankshares (NASDAQ:XBKS)
(Data available from 11/21/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|4/27/2017||Keefe, Bruyette & Woods||Reiterated Rating||Buy||$28.00||Low|
|4/7/2017||Stephens||Initiated Coverage||Equal Weight||Medium|
|12/21/2016||Sandler O'Neill||Downgrade||Buy -> Hold||N/A|
Earnings History and Estimates Chart for Xenith Bankshares (NASDAQ:XBKS)
Earnings History by Quarter for Xenith Bankshares (NASDAQ XBKS)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|10/25/2017||Q3 2017||$0.28||$0.33||$29.40 million||View||N/A|
|7/26/2017||Q2 2017||$0.27||$0.31||$27.86 million||$28.53 million||View||N/A|
Earnings Estimates for Xenith Bankshares (NASDAQ:XBKS)
Current Year EPS Consensus Estimate: $1.11 EPS
Next Year EPS Consensus Estimate: $1.43 EPS
Dividend History for Xenith Bankshares (NASDAQ:XBKS)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Xenith Bankshares (NASDAQ XBKS)
Insider Ownership Percentage: 31.70%
Institutional Ownership Percentage: 59.59%
Insider Trades by Quarter for Xenith Bankshares (NASDAQ XBKS)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/17/2017||William Callaghan||VP||Sell||1,540||$28.98||$44,629.20|| |
|8/11/2017||Ronald E Davis||EVP||Buy||3,190||$28.70||$91,553.00|| |
|8/1/2017||Linda Majikes||SVP||Sell||2,200||$28.25||$62,150.00|| |
|12/21/2016||William A. Paulette||Director||Sell||1,675||$29.19||$48,893.25|| |
|12/19/2016||James Floyd Burr||Director||Buy||300||$29.66||$8,898.00|| |
|11/29/2016||Edward Grebow||Director||Buy||5,000||$2.49||$12,450.00|| |
|8/31/2016||Linda Majikes||SVP||Sell||18,013||$2.17||$39,088.21|| |
|12/28/2015||W Thomas Mears||insider||Sell||29,067||$1.93||$56,099.31|| |
|11/25/2015||Wellington W Cottrell III||EVP||Buy||2,000||$6.70||$13,400.00|| |
|8/18/2015||Wellington W Cottrell III||EVP||Buy||1,000||$6.03||$6,030.00|| |
|8/13/2015||Michael A Mancusi||Director||Buy||2,000||$6.04||$12,080.00|| |
|3/19/2015||Thomas W Osgood||CFO||Buy||1,000||$6.07||$6,070.00|| |
|11/26/2014||T. Gaylon Layfield||CEO||Buy||1,570||$6.46||$10,142.20|| |
|11/26/2014||Thomas W Osgood||CFO||Buy||1,000||$6.49||$6,490.00|| |
|11/21/2014||Scott A Reed||Director||Buy||1,371||$6.45||$8,842.95|| |
|11/13/2014||Scott A Reed||Director||Buy||1,300||$6.45||$8,385.00|| |
|8/25/2014||T. Gaylon Layfield||CEO||Buy||2,500||$6.47||$16,175.00|| |
|8/22/2014||Judy Carol Gavant||SVP||Buy||1,000||$6.48||$6,480.00|| |
|8/22/2014||T. Gaylon Layfield||CEO||Buy||2,500||$6.44||$16,100.00|| |
|8/22/2014||Wellington W Cottrell III||EVP||Buy||1,400||$6.47||$9,058.00|| |
|8/21/2014||Edward H Jr. Phillips||EVP||Buy||1,000||$6.40||$6,400.00|| |
|8/20/2014||Wellington W Cottrell III||EVP||Buy||2,000||$6.55||$13,100.00|| |
|8/19/2014||T. Gaylon Layfield||CEO||Buy||2,500||$6.35||$15,875.00|| |
|8/19/2014||Thomas W Osgood||CFO||Buy||3,000||$6.54||$19,620.00|| |
|8/14/2014||Judy Carol Gavant||SVP||Buy||1,000||$6.59||$6,590.00|| |
|8/14/2014||W Lewis Witt||Director||Sell||15,000||$1.62||$24,300.00|| |
|8/13/2014||Thomas W Osgood||CFO||Buy||2,000||$6.57||$13,140.00|| |
|3/19/2014||Robert James Bloxom||COO||Buy||7,500||$1.71||$12,825.00|| |
|11/12/2013||Stephen John Gurgovits||Director||Buy||10,000||$1.58||$15,800.00|| |
|9/3/2013||Mark B Sisisky||Director||Buy||1,000||$5.97||$5,970.00|| |
|8/27/2013||T. Gaylon Layfield||CEO||Buy||1,671||$5.80||$9,691.80|| |
|8/23/2013||Judy Carol Gavant||SVP||Buy||1,300||$5.74||$7,462.00|| |
|8/23/2013||T. Gaylon Layfield||CEO||Buy||1,106||$5.74||$6,348.44|| |
|8/21/2013||Edward H Jr. Phillips||EVP||Buy||1,000||$5.55||$5,550.00|| |
|9/27/2012||Capgen Capital Group Vi Lp||Insider||Buy||11,272,875||$0.70||$7,891,012.50|| |
|9/27/2012||Financial Services L.P. Tcg||Major Shareholder||Buy||16,007,143||$0.70||$11,205,000.10|| |
|9/19/2012||Charles M Johnston||Director||Buy||5,000||$1.81||$9,050.00|| |
|9/7/2012||T. Gaylon Layfield||CEO||Buy||2,500||$4.35||$10,875.00|| |
|8/29/2012||Judy Carol Gavant||SVP||Buy||2,000||$4.30||$8,600.00|| |
|8/28/2012||Edward H Jr. Phillips||EVP||Buy||1,173||$4.24||$4,973.52|| |
|8/28/2012||T. Gaylon Layfield||CEO||Buy||7,500||$4.25||$31,875.00|| |
Latest Headlines for Xenith Bankshares (NASDAQ XBKS)
|Xenith Bankshares, Inc. – Value Analysis (NASDAQ:XBKS) : November 13, 2017|
finance.yahoo.com - November 13 at 8:11 PM
|Xenith Bankshares, Inc. breached its 50 day moving average in a Bearish Manner : XBKS-US : November 10, 2017|
finance.yahoo.com - November 12 at 1:35 PM
|BancFirst Corporation (BANF) vs. Xenith Bankshares (XBKS) Head-To-Head Comparison|
www.americanbankingnews.com - November 7 at 11:44 AM
|Xenith Bankshares, Inc. (XBKS) Scheduled to Post Quarterly Earnings on Monday|
www.americanbankingnews.com - November 6 at 10:54 AM
|Head-To-Head Analysis: Deutsche Bank AG (DB) & Xenith Bankshares (XBKS)|
www.americanbankingnews.com - October 30 at 7:40 PM
|Xenith Bankshares, Inc. (XBKS) Posts Quarterly Earnings Results, Beats Estimates By $0.05 EPS|
www.americanbankingnews.com - October 27 at 3:40 PM
|Xenith Bankshares posts 3Q profit|
www.cnbc.com - October 27 at 7:44 AM
|Xenith Bankshares, Inc. Reports Third Quarter and Year-to-Date 2017 Results|
finance.yahoo.com - October 26 at 5:16 AM
|ETFs with exposure to Xenith Bankshares, Inc. : October 6, 2017|
finance.yahoo.com - October 6 at 3:25 PM
|Should You Be Tempted To Buy Xenith Bankshares Inc (XBKS) At Its Current Price?|
finance.yahoo.com - October 3 at 3:31 PM
|Xenith Bankshares, Inc. (XBKS) Given Average Recommendation of "Hold" by Brokerages|
www.americanbankingnews.com - September 26 at 2:44 AM
|Xenith Bankshares, Inc. breached its 50 day moving average in a Bullish Manner : XBKS-US : September 19, 2017|
finance.yahoo.com - September 19 at 9:47 AM
|Critical Survey: Xenith Bankshares (XBKS) vs. Its Peers|
www.americanbankingnews.com - September 18 at 6:10 AM
|Xenith Bankshares, Inc. :XBKS-US: Earnings Analysis: Q2, 2017 By the Numbers : September 12, 2017|
finance.yahoo.com - September 12 at 3:27 PM
|SHAREHOLDER ALERT: Monteverde & Associates PC Announces An Investigation Of Xenith Bankshares, Inc. - XBKS|
finance.yahoo.com - September 10 at 10:00 AM
|Xenith Bankshares, Inc. (XBKS) Given Average Rating of "Hold" by Brokerages|
www.americanbankingnews.com - September 1 at 4:38 AM
|Insider Selling: Xenith Bankshares, Inc. (XBKS) VP Sells 1,540 Shares of Stock|
www.americanbankingnews.com - August 18 at 1:22 PM
|Insider Buying: Xenith Bankshares, Inc. (XBKS) EVP Purchases 3,190 Shares of Stock|
www.americanbankingnews.com - August 15 at 4:37 PM
| Xenith Bankshares, Inc. (XBKS) Given Consensus Recommendation of "Hold" by Analysts|
www.americanbankingnews.com - August 6 at 12:52 PM
|Insider Selling: Xenith Bankshares, Inc. (NASDAQ:XBKS) SVP Sells 2,200 Shares of Stock|
www.americanbankingnews.com - August 2 at 1:14 PM
|Xenith Bankshares, Inc. – Value Analysis (NASDAQ:XBKS) : August 2, 2017|
finance.yahoo.com - August 2 at 8:54 AM
|Xenith Bankshares, Inc. (XBKS) Issues Earnings Results|
www.americanbankingnews.com - July 28 at 4:47 PM
|Xenith Bankshares, Inc. Reports Second Quarter and First Half 2017 Results|
finance.yahoo.com - July 27 at 9:40 AM
|Xenith Bankshares posts 2Q profit|
finance.yahoo.com - July 27 at 9:40 AM
|Xenith Bankshares, Inc. breached its 50 day moving average in a Bearish Manner : XBKS-US : July 18, 2017|
finance.yahoo.com - July 19 at 9:43 AM
|WeissLaw LLP Investigates the Acquisition of Xenith Bankshares Inc.|
www.bizjournals.com - May 22 at 7:44 PM
|Xenith Bankshares, Inc. Reports First Quarter 2017 Results|
www.nasdaq.com - April 26 at 10:21 PM
|Xenith Bankshares posts 1Q profit|
marketbeat.com - April 26 at 7:10 PM
|XENITH BANKSHARES, INC. Files SEC form 8-K, Change in Directors or Principal Officers|
biz.yahoo.com - April 1 at 11:28 AM
|XENITH BANKSHARES, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and E|
biz.yahoo.com - February 24 at 12:26 AM
|Splits Calendar: Xenith Bankshares splits before market open today (1:10 ratio)|
biz.yahoo.com - December 13 at 4:30 PM
|4:16 pm Xenith Bankshares announces a 1-for-10 reverse stock split effective 9 am ET on Dec 13, 2016|
us.rd.yahoo.com - December 8 at 10:14 AM
|XENITH BANKSHARES, INC. Files SEC form 10-K, Annual Report|
biz.yahoo.com - March 9 at 4:14 PM
|XENITH BANKSHARES, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Other Events, Financial State|
biz.yahoo.com - February 16 at 5:27 PM
Xenith Bankshares (NASDAQ XBKS) Chart for Tuesday, November, 21, 2017