About Bay Banks of Virginia (OTCMKTS:BAYK)
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
Industry Regional - Mid-Atlantic Banks
SymbolOTCMKTS:BAYKPrevious Symbol: NASDAQ:BAYK
Trailing P/E Ratio34.5
Forward P/E RatioN/A
Sales & Book Value
Annual Sales$22.55 million
Price / Sales6.05
Cash Flow$0.84 per share
Price / Cash12.31
Book Value$8.93 per share
Price / Book1.16
Net Income$2.53 million
Return on Equity3.17%
Return on Assets0.32%
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 Wednesday, September 27th. Shareholders of record on Wednesday, October 11th will be paid a dividend of $0.04 per share on Tuesday, October 24th. This represents a $0.16 annualized dividend and a yield of 1.55%. The ex-dividend date is Tuesday, October 10th. 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) released its earnings results on Wednesday, July, 26th. The financial services provider reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by $0.06. The financial services provider earned $8.59 million during the quarter, compared to analyst estimates of $8.40 million. Bay Banks of Virginia had a net margin of 5.25% and a return on equity of 3.17%. 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 Capital Southwest Corporation (CSWC), Great Ajax Corp. (AJX), Safeguard Scientifics (SFE), Foxtons Group PLC Unsponsored ADR (FXTGY), Northrim BanCorp (NRIM), Atlas Financial Holdings (AFH), Invesco Bond Fund (VBF), Civista Bancshares (CIVB), Shore Bancshares (SHBI), Citizens Financial Services (CZFS), MidSouth Bancorp (MSL), Commerce Union Bancshares (CUBN), Global Medical REIT (GMRE), FS Bancorp (FSBW), County Bancorp (ICBK), First Business Financial Services (FBIZ), Silvercrest Asset Management Group (SAMG) and Riverview Bancorp (RVSB).
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 (Age 66)
- Randal R. Greene, President, Chief Executive Officer, Vice Chairman of the Board, IR Contact Officer (Age 58)
- James A. Wilson Jr., Chief Financial Officer, Executive Vice President (Age 57)
- Eric F. Nost, President and Chief Executive Officer of VCB Financial Group, Inc (Age 60)
- Gary L. Armstrong, Executive Vice President (Age 57)
- C Rodes Boyd Jr., Executive Vice President (Age 60)
- Douglas F. Jenkins Jr., Executive Vice President (Age 57)
- Deborah Marie Evans, Senior Vice President (Age 54)
- Lawrence N. Ashworth, Independent Director (Age 75)
- C. Dwight Clarke, Independent Director (Age 54)
Who owns Bay Banks of Virginia stock?
Bay Banks of Virginia's stock is owned by a variety of of retail and institutional investors. Top institutional investors include
EJF CAPITAL LLC
(5.50%). Company insiders that own Bay Banks of Virginia stock include C Dwight Clarke, C Rodes Boyd Jr, Douglas F Jenkins, Randal R Greene and Robert F Hurliman. View Institutional Ownership Trends for Bay Banks of Virginia.
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 with access to the U.S. stock market 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 $10.35.
How big of a company is Bay Banks of Virginia?
Bay Banks of Virginia has a market capitalization of $136.56 million and generates $22.55 million in revenue each year. The financial services provider earns $2.53 million in net income (profit) each year or $0.21 on an earnings per share basis. Bay Banks of Virginia employs 115 workers across the globe.
How can I contact Bay Banks of Virginia?
Bay Banks of Virginia's mailing address is 100 S Main St, KILMARNOCK, VA 22482-9543, United States. The financial services provider can be reached via phone at +1-804-4351171 or via email at [email protected]
MarketBeat Community Rating for Bay Banks of Virginia (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.
Analysts' Consensus Rating for Bay Banks of Virginia (OTCMKTS:BAYK) (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, 0 Hold Ratings, 1 Buy Rating, 0 Strong Buy Ratings|
|Consensus Rating:||Buy (Score: 3.00)|
|Analysts' Consensus Price Target: ||N/A|
Consensus Price Target History for Bay Banks of Virginia (OTCMKTS:BAYK)
Analysts' Ratings History for Bay Banks of Virginia (OTCMKTS:BAYK)
(Data available from 11/23/2015 forward)
|3/14/2017||FIG Partners||Reiterated Rating||Outperform|
Earnings History and Estimates Chart for Bay Banks of Virginia (OTCMKTS:BAYK)
Earnings History by Quarter for Bay Banks of Virginia (OTCMKTS BAYK)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|1/26/2018|| || || || || || || || |
|7/26/2017||Q2 2017||$0.12||$0.06||$8.40 million||$8.59 million||View||N/A|
Earnings Estimates for Bay Banks of Virginia (OTCMKTS:BAYK)
No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for Bay Banks of Virginia (OTCMKTS:BAYK)
|Most Recent Dividend:||10/24/2017|
|Payout Ratio:||76.19% (Trailing 12 Months of Earnings) |
Dividend History by Quarter for Bay Banks of Virginia (OTCMKTS BAYK)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Bay Banks of Virginia (OTCMKTS BAYK)
Insider Ownership Percentage: 7.89%
Institutional Ownership Percentage: 6.77%
Insider Trades by Quarter for Bay Banks of Virginia (OTCMKTS BAYK)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/31/2017||C Rodes Boyd Jr||Insider||Buy||541||$9.25||$5,004.25|| |
|8/31/2017||C. Dwight Clarke||Director||Buy||1,000||$9.25||$9,250.00|| |
|8/31/2017||Douglas F Jenkins||VP||Buy||5,405||$9.25||$49,996.25|| |
|8/31/2017||Randal R Greene||CEO||Buy||5,969||$9.25||$55,213.25|| |
|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|| |
Latest Headlines for Bay Banks of Virginia (OTCMKTS BAYK)
|South State Corporation (SSB) vs. Bay Banks of Virginia (BAYK) Head-To-Head Contrast|
www.americanbankingnews.com - November 22 at 7:14 PM
|South State Corporation (SSB) and Bay Banks of Virginia (BAYK) Financial Survey|
www.americanbankingnews.com - November 22 at 7:14 PM
|Reviewing South State Corporation (SSB) & Bay Banks of Virginia (BAYK)|
www.americanbankingnews.com - November 22 at 8:05 AM
|Reviewing Bay Banks of Virginia (BAYK) and South State Corporation (SSB)|
www.americanbankingnews.com - November 21 at 5:52 PM
|Critical Comparison: South State Corporation (SSB) & Bay Banks of Virginia (BAYK)|
www.americanbankingnews.com - November 20 at 5:16 AM
|Reviewing Bay Banks of Virginia (BAYK) & South State Corporation (SSB)|
www.americanbankingnews.com - November 18 at 1:28 PM
|Analyzing Bay Banks of Virginia (BAYK) & South State Corporation (SSB)|
www.americanbankingnews.com - November 18 at 5:42 AM
|Contrasting Bay Banks of Virginia (BAYK) & South State Corporation (SSB)|
www.americanbankingnews.com - November 16 at 5:20 AM
|Digital Realty Trust (DLR) Q3 2017 Results - Earnings Call Transcript|
seekingalpha.com - October 25 at 10:45 PM
|Old Line's purchase of Bay Bank highlights challenges community banks face|
www.bizjournals.com - October 2 at 4:20 PM
|Bay Banks of Virginia Inc. (BAYK) Announces Quarterly Dividend of $0.04|
www.americanbankingnews.com - September 28 at 9:32 AM
|Bay Banks Of Virginia, Inc. Announces Third Quarter 2017 Dividend - PR Newswire (press release)|
www.prnewswire.com - September 28 at 12:42 AM
|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
|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 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
|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
|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 (OTCMKTS BAYK) Chart for Thursday, November, 23, 2017