BAYK - Bay Banks of Virginia, Inc.

Other OTC - Other OTC Delayed Price. Currency in USD
8.30
0.00 (0.00%)
At close: 3:50PM EST
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Previous Close8.30
Open8.30
Bid0.00 x 0
Ask0.00 x 0
Day's Range8.30 - 8.33
52 Week Range7.01 - 8.95
Volume13,375
Avg. Volume8,736
Market Cap110.676M
Beta (3Y Monthly)0.47
PE Ratio (TTM)18.57
EPS (TTM)0.45
Earnings DateFeb 4, 2020 - Feb 10, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2017-12-21
1y Target Est11.00
  • Bay Banks of Virginia, Inc. Announces Share Repurchase Program
    PR Newswire

    Bay Banks of Virginia, Inc. Announces Share Repurchase Program

    RICHMOND, Va., Oct. 18, 2019 /PRNewswire/ -- Bay Banks of Virginia, Inc. (the "Company") (BAYK), holding company of Virginia Commonwealth Bank and VCB Financial Group, Inc., today announced that its Board of Directors has authorized the repurchase of up to 400,000 shares or approximately 3% of the Company's currently outstanding common stock through December 31, 2020 (the "Repurchase Program"). The actual timing, quantities, prices and manner of any share repurchases will be determined by the Company in its discretion and will depend on a number of factors, including the market price of the Company's common stock, share repurchases required under the Company's employee benefit plans, general market and economic conditions, and applicable legal and regulatory requirements.

  • Bay Banks of Virginia, Inc. Completes $25 Million Subordinated Notes Offering
    PR Newswire

    Bay Banks of Virginia, Inc. Completes $25 Million Subordinated Notes Offering

    RICHMOND, Va., Oct. 7, 2019 /PRNewswire/ -- Bay Banks of Virginia, Inc. (the "Company") (BAYK), holding company for Virginia Commonwealth Bank and VCB Financial Group, Inc., announced today that it has completed a private placement of $25 million in fixed-to-floating rate subordinated notes due 2029 (the "Notes"). The Notes have been structured to qualify as Tier 2 capital under bank regulatory guidelines, and the proceeds from the sale of the Notes will be utilized for general corporate purposes, including the potential repayment of the Company's existing subordinated debt (which debt becomes callable in May 2020) and supporting capital levels at Virginia Commonwealth Bank. From October 15, 2024 through October 14, 2029, or up to an early redemption date, the interest rate shall reset quarterly to an interest rate per annum equal to the then current three-month SOFR plus 433.5 basis points, payable quarterly in arrears.

  • Revere Bank and Virginia Commonwealth Bank Select SS&C for CECL Transition
    PR Newswire

    Revere Bank and Virginia Commonwealth Bank Select SS&C for CECL Transition

    Banks leverage EVOLV(EA) for practical CECL solution WINDSOR, Conn., Aug. 5, 2019 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), today announced that Revere Bank and Virginia Commonwealth ...

  • Bay Banks of Virginia, Inc. Reports Second Quarter and First Half 2019 Results
    PR Newswire

    Bay Banks of Virginia, Inc. Reports Second Quarter and First Half 2019 Results

    RICHMOND, Va. , July 30, 2019 /PRNewswire/ -- Bay Banks of Virginia , Inc. (OTCQB: BAYK), holding company of Virginia Commonwealth Bank and VCB Financial Group, Inc., announced financial results for the ...

  • Bay Banks of Virginia, Inc. Reports First Quarter 2019 Results
    PR Newswire

    Bay Banks of Virginia, Inc. Reports First Quarter 2019 Results

    Improved Performance RICHMOND, Va. , April 30, 2019 /PRNewswire/ -- Bay Banks of Virginia , Inc. (OTCQB: BAYK), holding company of Virginia Commonwealth Bank and VCB Financial Group, Inc., announced financial ...

  • Bay Banks of Virginia, Inc. Reports Fourth Quarter and Full-Year 2018 Results
    PR Newswire

    Bay Banks of Virginia, Inc. Reports Fourth Quarter and Full-Year 2018 Results

    2018 Loan Growth Over 17% RICHMOND, Va. , Feb. 6, 2019 /PRNewswire/ -- Bay Banks of Virginia , Inc. (OTCQB: BAYK), holding company of Virginia Commonwealth Bank and VCB Financial Group, Inc., announced ...