Bay Banks of Virginia Inc (BAYK) Files 10-K for the Fiscal Year Ended on December 31, 2019

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Mar 07, 2020
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Bay Banks of Virginia Inc (BAYK, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. Bay Banks of Virginia Inc is a bank holding company that conducts substantially all of its operations through its subsidiaries. It provides financial services, including retail and commercial banking, investment services, and mortgage banking. Bay Banks of Virginia Inc has a market cap of $109.476 million; its shares were traded at around $8.21 with a P/E ratio of 15.49 and P/S ratio of 2.74. GuruFocus has detected 3 severe warning signs with Bay Banks of Virginia Inc. .

For the last quarter Bay Banks of Virginia Inc reported a revenue of $10.5 million, compared with the revenue of $9.44 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $40.3 million, an increase of 6.4% from last year. For the complete 30-year financial data, please go here.. For the last five years Bay Banks of Virginia Inc had an average revenue growth rate of 24.5% a year.

The reported diluted earnings per share was 54 cents for the year. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, Bay Banks of Virginia Inc has the cash and cash equivalents of $43.2 million, compared with $30.4 million in the previous year. The long term debt was $76.0 million, compared with $106.9 million in the previous year. Bay Banks of Virginia Inc has a financial strength rank of 3 (out of 10).

At the current stock price of $8.21, Bay Banks of Virginia Inc is traded at 64.2% premium to its historical median P/S valuation band of $5.00. The P/S ratio of the stock is 2.74, while the historical median P/S ratio is 1.65. The stock gained 1.99% during the past 12 months.

For the complete 20-year historical financial data of BAYK, click here.