Bay Banks of Virginia, Inc., through its subsidiaries, provides various banking products and services to businesses, professionals, and consumers in Virginia. The company accepts checking accounts, savings accounts, money market accounts, cash management accounts, certificates of deposit, and individual retirement accounts. Its loan products include commercial and industrial loans, such as small business loans, asset based loans, and other secured and unsecured loans and lines of credit; residential and commercial mortgages; home equity loans; consumer installment loans; and consumer loans comprising automobile and boat financing, home improvement loans, and unsecured personal loans. It also offers credit cards; investment accounts; and insurance, online banking, telephone banking, mobile banking, analysis checking, cash management deposit, wire, direct deposit payroll, and remote deposit services, as well as a line of commercial lending options. In addition, the company offers management services, including estate planning and settlement, revocable and irrevocable living trusts, testamentary trusts, custodial accounts, investment management accounts, and managed and self-directed rollover individual retirement accounts for personal and corporate trusts. As of July 13, 2018, it operated 19 banking offices; and a loan production office located throughout the Richmond market area, the Northern Neck region, Tri-Cities area of Petersburg, Hopewell and Colonial Heights, Middlesex County, and Hampton Roads region. Bay Banks of Virginia, Inc. was founded in 1930 and is headquartered in Richmond, Virginia.
Industry, Sector and Symbol
Stock Exchange OTCMKTS
Industry State commercial banks
Sub-IndustryN/A
SectorFinance
SymbolOTCMKTS:BAYK
CUSIPN/A
Phone804-325-3775
Debt
Debt-to-Equity Ratio0.66
Current Ratio1.07
Quick Ratio1.07
Price-To-Earnings
Trailing P/E Ratio59.38
Forward P/E Ratio24.36
P/E GrowthN/A
Sales & Book Value
Annual Sales$37.38 million
Price / Sales3.36
Cash Flow$0.2723 per share
Price / Cash34.89
Book Value$8.68 per share
Price / Book1.09
Profitability
EPS (Most Recent Fiscal Year)$0.16
Net Income$-1,270,000.00
Net Margins1.65%
Return on Equity2.37%
Return on Assets0.28%
Miscellaneous
Employees168
Outstanding Shares13,240,000
Market Cap$125.77 million
