Heritage Bankshares (Heritage Bankshares) 3-Year Book Growth Rate : 0.00% (As of Sep. 2015)

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What is Heritage Bankshares 3-Year Book Growth Rate?

Heritage Bankshares's Book Value per Share for the quarter that ended in Sep. 2015 was $14.60.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

Competitive Comparison of Heritage Bankshares's 3-Year Book Growth Rate

For the Banks - Regional subindustry, Heritage Bankshares's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Heritage Bankshares's 3-Year Book Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Heritage Bankshares's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Heritage Bankshares's 3-Year Book Growth Rate falls into.

Heritage Bankshares 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

Heritage Bankshares (OTCPK:HBKS) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

Heritage Bankshares 3-Year Book Growth Rate Related Terms

Thank you for viewing the detailed overview of Heritage Bankshares's 3-Year Book Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.

Heritage Bankshares (Heritage Bankshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Heritage Bankshares Inc (OTCPK:HBKS) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.heritagenorfolk.com

Heritage Bankshares Inc is a bank holding company incorporated under the laws of the Commonwealth of Virginia in 1983. It serves as the holding company for its wholly-owned subsidiary, Heritage Bank. The Company, through the Bank, engages in a general community and commercial banking business, targeting the banking needs of individuals and small to medium sized businesses in its main service area which includes Chesapeake, Norfolk, and Virginia Beach, Virginia. The main business of the company is to attract deposits and to lend or invest those deposits on profitable terms. These deposits are in varied forms of both demand and time accounts including checking accounts, interest checking, money market accounts, savings accounts, certificates of deposit, and IRA accounts. The Company is involved in the construction and real estate lending market and actively extends both consumer and commercial credit. Loans consist of varying terms and might be secured or unsecured. Loans to individuals are for personal, household, and family purposes. Loans to businesses are made for purposes such as working capital, plant expansion, and equipment purchases. The banking business in the MSA, and the Company's main market area, is highly competitive, and the Company faces competition both in making loans and in attracting deposits. Bank holding companies and banks are regulated under both federal and state law.

Executives

Meredith Peter M Jr

director

MEREDITH CONSTRUCTION CO., INC., PO BOX 11265, NORFOLK VA 23517-0265

Heritage Bankshares (Heritage Bankshares) Headlines

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