Inactive Instrument

Bay Banks of Virginia, Inc.

BAYK

US0720351081

Bay Banks of Virginia, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2019

January 28, 2020 at 04:33 pm EST

Bay Banks of Virginia, Inc. announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced net interest income was USD 9.143 million compared to USD 8.471 million a year ago. Net income was USD 2.002 million compared to USD 782,000 a year ago. Basic earnings per share was USD 0.15 compared to USD 0.06 a year ago. For the full year, net interest income was USD 35.333 million compared to USD 33.578 million a year ago. Net income was USD 7.058 million compared to USD 3.878 million a year ago. Basic earnings per share was USD 0.54 compared to USD 0.3 a year ago.

Latest news about Bay Banks of Virginia, Inc.

Blue Ridge Bankshares, Inc. completed the acquisition of Bay Banks of Virginia, Inc. in a merger of equals transaction.	21-01-30	CI
Bay Banks of Virginia, Inc.'s Equity Buyback announced on October 18, 2019, has expired.	20-12-30	CI
Tranche Update on Bay Banks of Virginia, Inc.'s Equity Buyback Plan announced on October 18, 2019.	20-10-29	CI
Bay Banks of Virginia, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020	20-10-29	CI
Blue Ridge Bankshares, Inc. entered into a definitive merger agreement to acquire Bay Banks of Virginia, Inc. for $97.3 million in a merger of equals transaction.	20-08-12	CI
Tranche Update on Bay Banks of Virginia, Inc.'s Equity Buyback Plan announced on October 18, 2019.	20-08-03	CI
Bay Banks of Virginia, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020	20-08-03	CI
Bay Banks of Virginia, Inc. Records Impairment Charges for the Second Quarter Ended June 30, 2020	20-08-03	CI
Tranche Update on Bay Banks of Virginia, Inc.'s Equity Buyback Plan announced on October 18, 2019.	20-05-07	CI
Bay Banks of Virginia, Inc. Reports Net Charge-Offs for the First Quarter Ended March 31, 2020	20-05-07	CI
Bay Banks of Virginia, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2020	20-05-07	CI
Tranche Update on Bay Banks of Virginia, Inc.'s Equity Buyback Plan announced on October 18, 2019.	20-03-06	CI
Bay Banks of Virginia, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2019	20-01-28	CI
Bay Banks of Virginia, Inc. Provides Earnings Guidance for the Year 2020; Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2019	20-01-28	CI
Bay Banks of Virginia, Inc. Announces Executive Changes	20-01-02	CI
Bay Banks of Virginia, Inc. Announces Consolidation	19-11-12	CI
Bay Banks of Virginia, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019	19-10-29	CI
Bay Banks of Virginia, Inc. announces an Equity Buyback for 400,000 shares, representing 3% of its issued share capital.	19-10-18	CI
Bay Banks of Virginia, Inc. authorizes a Buyback Plan.	19-10-17	CI
Bay Banks of Virginia, Inc. Announces Retirement of Douglas F. Jenkins, Jr. as Executive Vice President, Effective January 1, 2020	19-10-15	CI
Bay Banks of Virginia, Inc. Completes $25 Million Subordinated Notes Offering	19-10-07	CI
Bay Banks of Virginia, Inc. announced that it has received $25 million in funding	19-10-06	CI
Bay Banks of Virginia, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2019	19-07-30	CI
Bay Banks of Virginia, Inc. Provides Net Charge-Offs for the Three Months Ended June 30, 2019	19-07-30	CI
Bay Banks of Virginia, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2019; Reports Net Charge-Offs for the First Quarter Ended March 31, 2019	19-04-30	CI

Chart Bay Banks of Virginia, Inc.

Duration

Period

More charts

Company Profile

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.

Sector

Banks

More about the company

Sector Other Banks

	1st Jan change	Capi.
JPMORGAN CHASE & CO.	+13.75%	556B
BANK OF AMERICA CORPORATION	+12.36%	298B
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	+8.64%	247B
WELLS FARGO & COMPANY	+21.72%	210B
BANK OF CHINA LIMITED	+16.11%	170B
CHINA CONSTRUCTION BANK CORPORATION	+6.88%	162B
HSBC HOLDINGS PLC	+4.42%	153B
ROYAL BANK OF CANADA	+0.10%	139B
HDFC BANK LIMITED	-11.67%	138B

Other Banks