Bay Banks of Virginia, Inc. is a bank holding company that conducts its operations through its subsidiaries, Virginia Commonwealth Bank and Bay Trust Company. The Bank is a state-chartered bank and a member of the Federal Reserve System. It serves businesses, professionals and consumers with a range of financial services, including retail and commercial banking, investment services and mortgage banking. Its products include cash management accounts, individual retirement accounts, commercial and industrial loans, residential mortgages, commercial mortgages, home equity loans, consumer installment loans, investment accounts, insurance, credit cards and telephone banking. Its deposits include non-interest bearing demand deposits, interest bearing deposits and time deposits. The Trust Company provides management services for personal and corporate trusts, including estate planning, estate settlement and trust administration.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Regional - Mid-Atlantic Banks
- Sub-Industry: N/A
- Symbol: OTCMKTS:BAYK
- CUSIP: N/A
- Web: www.baybanks.com
Capitalization:- Market Cap: $90.71 million
- Outstanding Shares: 9,400,000
Average Prices:- 50 Day Moving Avg: $9.45
- 200 Day Moving Avg: $9.22
- 52 Week Range: $6.05 - $9.70
P/E:- Trailing P/E Ratio: 31.95
- Foreward P/E Ratio: 11.91
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: $22.54 million
- Price / Sales: 4.02
- Book Value: $8.99 per share
- Price / Book: 1.07
Dividend:- Annual Dividend: $0.16
- Dividend Yield: 1.7%
Profitability:- Net Margins: 6.55%
- Return on Equity: 4.08%
- Return on Assets: 0.37%
Debt:- Debt-to-Equity Ratio: 0.91%
- Current Ratio: 1.07%
- Quick Ratio: 0.99%
Misc:- Average Volume: 3,214 shs.
- Beta: 0.25
Frequently Asked Questions for Bay Banks of Virginia (OTCMKTS:BAYK)
What is Bay Banks of Virginia's stock symbol?
Bay Banks of Virginia trades on the OTCMKTS under the ticker symbol "BAYK."
How often does Bay Banks of Virginia pay dividends? What is the dividend yield for Bay Banks of Virginia?
Bay Banks of Virginia declared a quarterly dividend on Monday, July 3rd. Shareholders of record on Tuesday, July 11th will be paid a dividend of $0.04 per share on Monday, July 24th. This represents a $0.16 annualized dividend and a yield of 1.66%. The ex-dividend date is Friday, July 7th. View Bay Banks of Virginia's Dividend History.
How were Bay Banks of Virginia's earnings last quarter?
Bay Banks of Virginia Inc. (OTCMKTS:BAYK) posted its quarterly earnings results on Thursday, January, 30th. The company reported $0.07 earnings per share (EPS) for the quarter. Bay Banks of Virginia had a net margin of 6.55% and a return on equity of 4.08%. View Bay Banks of Virginia's Earnings History.
When will Bay Banks of Virginia make its next earnings announcement?
Who are some of Bay Banks of Virginia's key competitors?
Some companies that are related to Bay Banks of Virginia include Gladstone Land Corporation (LAND), OFS Capital Corporation (OFS), First Financial Northwest (FFNW), Silvercrest Asset Management Group (SAMG), Kingstone Companies (KINS), California First National Bancorp (CFNB), Malvern Bancorp (MLVF), Two River Bancorp (TRCB), Emergent Capital (IFT), Alcentra Capital Corp. (ABDC), FS Bancorp (FSBW), BCB Bancorp, Inc. (NJ) (BCBP), Provident Financial Holdings (PROV), Capitala Finance Corp. (CPTA), 1st Constitution Bancorp (NJ) (FCCY), DNB Financial Corp (DNBF), Middlefield Banc Corp. (MBCN) and Blue Capital Reinsurance Holdings (BCRH).
Who are Bay Banks of Virginia's key executives?
Bay Banks of Virginia's management team includes the folowing people:
- C. Frank Scott III, Chairman of the Board
- Randal R. Greene, President, Chief Executive Officer, Vice Chairman of the Board
- James A. Wilson Jr., Chief Financial Officer, Executive Vice President
- C Rodes Boyd Jr., Executive Vice President
- Douglas F. Jenkins Jr., Executive Vice President
- Deborah Marie Evans, Senior Vice President
- Lawrence N. Ashworth, Director
- James B. McNeer, Director
- Larry C. Tucker, Director
- James P VanLandingham, Director
How do I buy Bay Banks of Virginia stock?
Shares of Bay Banks of Virginia 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 Bay Banks of Virginia's stock price today?
One share of Bay Banks of Virginia stock can currently be purchased for approximately $9.65.
MarketBeat Community Rating for Bay Banks of Virginia (OTCMKTS BAYK)MarketBeat's community ratings are surveys of what our community members think about Bay Banks of Virginia 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.
Consensus Ratings for Bay Banks of Virginia (OTCMKTS:BAYK) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings 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). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus 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: | 1 Buy Rating |
| Consensus Rating: | Buy (Score: 3.00) |
| Consensus Price Target: | N/A |
Analysts' Ratings History for Bay Banks of Virginia (OTCMKTS:BAYK)
Show:
| Date | Firm | Action | Rating | Price Target | Details |
|---|
| 3/14/2017 | FIG Partners | Reiterated Rating | Outperform | |  |
(Data available from 9/25/2015 forward)
Earnings History for Bay Banks of Virginia (OTCMKTS:BAYK)Earnings History by Quarter for Bay Banks of Virginia (OTCMKTS BAYK)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/2/2017 | | | | | | | | |
| 1/30/2014 | Q4 | | $0.07 | | | View | N/A | |
| 10/25/2013 | Q3 13 | | $0.13 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Bay Banks of Virginia (OTCMKTS:BAYK)Current Year EPS Consensus Estimate: $0.55 EPS
Next Year EPS Consensus Estimate: $0.81 EPS
Current Dividend Information for Bay Banks of Virginia (OTCMKTS:BAYK)| Most Recent Dividend: | 7/24/2017 |
| Annual Dividend: | $0.16 |
| Dividend Yield: | 1.66% |
| Payout Ratio: | 50.00% (Trailing 12 Months of Earnings)
29.09% (Based on This Year's Estimates)
19.75% (Based on Next Year's Estimates)
|
Dividend History by Quarter for Bay Banks of Virginia (OTCMKTS BAYK)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 7/3/2017 | Quarterly | $0.04 | | 7/7/2017 | 7/11/2017 | 7/24/2017 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Bay Banks of Virginia (OTCMKTS:BAYK)Insider Ownership Percentage: 7.89%
Institutional Ownership Percentage: 5.23%
Insider Trades by Quarter for Bay Banks of Virginia (OTCMKTS:BAYK)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 5/12/2016 | Robert F Hurliman | Chairman | Sell | 2,593 | $6.00 | $15,558.00 | |
| 6/24/2015 | Deborah Marie Evans | CFO | Buy | 2,000 | $5.90 | $11,800.00 | |
| 3/19/2015 | Robert F Hurliman | Chairman | Sell | 2,500 | $5.78 | $14,450.00 | |
| 6/12/2013 | Robert F Hurliman | Chairman | Sell | 3,595 | $4.80 | $17,256.00 | |
| 5/15/2013 | Julien G Patterson | Director | Buy | 7,130 | $4.90 | $34,937.00 | |
| 5/13/2013 | Randal R Greene | CEO | Buy | 1,018 | $4.88 | $4,967.84 | |
| 12/31/2012 | Deborah Marie Evans | CFO | Buy | 9,400 | $4.25 | $39,950.00 | |
| 12/31/2012 | Randal R Greene | CEO | Buy | 29,412 | $4.25 | $125,001.00 | |
| 12/31/2012 | Robert C Jr. Berry | Director | Buy | 2,000 | $4.25 | $8,500.00 | |
| 12/31/2012 | Robert F Hurliman | Chairman | Buy | 10,000 | $4.25 | $42,500.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Bay Banks of Virginia (OTCMKTS:BAYK)
Latest Headlines for Bay Banks of Virginia (OTCMKTS:BAYK)
| Source: |
|
| Date | Headline |
|---|
 | Bay Banks of Virginia, Inc. :BAYK-US: Earnings Analysis: Q2, 2017 By the Numbers : September 19, 2017
finance.yahoo.com - September 19 at 4:21 PM |
| Bay Banks of Virginia, Inc. Completes $35 Million Private Placement
finance.yahoo.com - September 4 at 2:03 AM |
| Virginia Commonwealth Bank Welcomes Jim Sedlar
finance.yahoo.com - August 22 at 5:06 PM |
| VCB Financial Group Welcomes Angela Brown
finance.yahoo.com - August 9 at 4:36 PM |
| Bay Banks of Virginia, Inc.
finance.yahoo.com - July 26 at 10:08 PM |
| Bay Banks of Virginia, Inc. Reports June 30, 2017 Quarterly Operating Results
finance.yahoo.com - July 26 at 10:08 PM |
| Pamela M. Comstock Is Elected to VCB Financial Group's Board of Directors
finance.yahoo.com - July 21 at 5:58 PM |
 | ValuEngine Downgrades Bay Banks of Virginia Inc. (OTCMKTS:BAYK) to Hold
www.americanbankingnews.com - July 16 at 5:14 PM |
| Virginia Commonwealth Bank Welcomes Mark Herndon To Its Richmond Community Board
finance.yahoo.com - July 11 at 5:24 PM |
 | Bay Banks of Virginia declares $0.04 dividend
seekingalpha.com - July 2 at 2:09 AM |
| Bay Banks Of Virginia Announces Second Quarter 2017 Dividend
finance.yahoo.com - June 30 at 4:28 PM |
| Bay Banks of Virginia, Inc. : Undervalued relative to peers, but don’t ignore the other factors
finance.yahoo.com - June 27 at 3:58 PM |
| Bay Banks of Virginia names Randy Reynolds to its Trust and Wealth Management subsidiary, VCB Financial Group
finance.yahoo.com - June 16 at 4:31 PM |
| Bay Banks of Virginia Inc. (BAYK) Stock Rating Upgraded by ValuEngine
www.americanbankingnews.com - June 12 at 10:22 PM |
| Virginia Commonwealth Bank Announces Promotion
finance.yahoo.com - June 2 at 5:12 PM |
| Bay Banks of Virginia, Inc. :BAYK-US: Earnings Analysis: Q1, 2017 By the Numbers : June 1, 2017
finance.yahoo.com - June 1 at 4:11 PM |
| Virginia Commonwealth Bank Welcomes Bill Bien As Senior Vice President, Commercial Banking
finance.yahoo.com - May 19 at 3:45 PM |
| Bay Banks of Virginia Reports 1st Quarter 2017 Results
finance.yahoo.com - April 28 at 4:48 PM |
| Virginia Commonwealth Bank Welcomes Del Ward as Senior Vice President, Commercial Banking
finance.yahoo.com - April 18 at 11:42 AM |
| Virginia Commonwealth Bank and Bank of Lancaster Complete Merger
finance.yahoo.com - April 3 at 4:11 PM |
| BAY BANKS OF VIRGINIA INC Files SEC form 10-K, Annual Report
biz.yahoo.com - March 22 at 9:23 PM |
 | Eric Nost, a top Virginia wealth advisor, joins Bay Trust and Wealth Management Group
us.rd.yahoo.com - March 21 at 12:23 PM |
| Shareholders Approve Bay Banks of Virginia, Inc. Merger With Virginia BanCorp, Inc.
finance.yahoo.com - March 17 at 9:29 PM |
| BAY BANKS OF VIRGINIA INC Files SEC form 8-K, Submission of Matters to a Vote of Security Holders, Other Events, Fina
biz.yahoo.com - March 17 at 9:29 PM |
 | M and A Navigator: Deal pipeline –1 February
www.bloomberg.com - February 2 at 3:57 PM |
| Top Richmond banker, Gary Armstrong, joins Bank of Lancaster
finance.yahoo.com - January 31 at 4:02 PM |
| Bay Banks of Virginia, Inc. Reports Record 2016 Earnings
finance.yahoo.com - January 27 at 10:05 PM |
| SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of The Board of Directors of Bay Banks of Virginia, Inc. (BAYK)
finance.yahoo.com - December 14 at 4:35 PM |
| BAY BANKS OF VIRGINIA INC Financials
finance.yahoo.com - November 23 at 3:51 PM |
| BAY BANKS OF VIRGINIA INC Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - November 14 at 3:58 PM |
| BAY BANKS OF VIRGINIA INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Change in Directors or Prin
biz.yahoo.com - November 8 at 9:03 PM |
| BAY BANKS OF VIRGINIA INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits
biz.yahoo.com - November 4 at 4:29 PM |
Bay Banks of Virginia (BAYK) Chart for Monday, September, 25, 2017
