Bay Banks of Virginia, Inc., through its subsidiaries, provides various banking products and services to businesses, professionals, and consumers in Virginia.
Flawless balance sheet with solid track record.
Share Price & News
How has Bay Banks of Virginia's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BAYK's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: BAYK underperformed the US Banks industry which returned -24.8% over the past year.
Return vs Market: BAYK underperformed the US Market which returned -11.5% over the past year.
Price Volatility Vs. Market
How volatile is Bay Banks of Virginia's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is Bay Banks of Virginia undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate BAYK's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate BAYK's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: BAYK is poor value based on its PE Ratio (10.1x) compared to the Banks industry average (8.9x).
PE vs Market: BAYK is good value based on its PE Ratio (10.1x) compared to the US market (13x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BAYK's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BAYK is good value based on its PB Ratio (0.6x) compared to the US Banks industry average (0.8x).
How is Bay Banks of Virginia forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted Banks industry annual growth in earnings
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if BAYK's forecast earnings growth is above the savings rate (1.7%).
Earnings vs Market: Insufficient data to determine if BAYK's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: Insufficient data to determine if BAYK's revenue is forecast to grow faster than the US market.
High Growth Revenue: Insufficient data to determine if BAYK's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if BAYK's Return on Equity is forecast to be high in 3 years time
How has Bay Banks of Virginia performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BAYK has high quality earnings.
Growing Profit Margin: BAYK's current net profit margins (18%) are higher than last year (10.7%).
Past Earnings Growth Analysis
Earnings Trend: BAYK's earnings have grown significantly by 33.6% per year over the past 5 years.
Accelerating Growth: BAYK's earnings growth over the past year (82%) exceeds its 5-year average (33.6% per year).
Earnings vs Industry: BAYK earnings growth over the past year (82%) exceeded the Banks industry 11.2%.
Return on Equity
High ROE: BAYK's Return on Equity (5.6%) is considered low.
How is Bay Banks of Virginia's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: BAYK has a low level of unsold assets or inventory.
Debt Coverage by Assets: BAYK's debt is not covered by short term assets (assets are 0.6x debt).
Financial Institutions Analysis
Asset Level: BAYK's level of assets compared to its equity is low.
Allowance for Bad Loans: BAYK has a sufficient allowance for bad loans.
Low Risk Liabilities: BAYK's liabilities are made up of primarily low risk sources of funding.
Loan Level: BAYK has an acceptable proportion of non-loan assets held.
Low Risk Deposits: BAYK's loans are broadly funded by customer deposits.
Level of Bad Loans: BAYK has an appropriate level of bad loans (0.48%)
What is Bay Banks of Virginia's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BAYK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate BAYK's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BAYK's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BAYK's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: BAYK is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BAYK's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Randy Greene (59yo)
Mr. Randal R. Greene, also knows as Randy, serves as the President, Chief Executive Officer and Vice Chairman of Bay Banks of Virginia, Inc. (the “Company”). He serves as Vice Chairman and Chief Executive ...
CEO Compensation Analysis
Compensation vs Market: Randy's total compensation ($USD600.57K) is about average for companies of similar size in the US market ($USD601.33K).
Compensation vs Earnings: Randy's compensation has been consistent with company performance over the past year.
|Executive VP||2yrs||no data||0.20% $146.8k|
|VP & Human Resource Officer||no data||no data||no data|
|Executive Vice President||0.17yr||no data||0.066% $47.7k|
|VP & Corporate Secretary||11.83yrs||no data||no data|
|President & CEO of VCB Financial Group||3yrs||no data||0.14% $104.8k|
Experienced Management: BAYK's management team is considered experienced (3 years average tenure).
|Director||0.83yr||no data||0.10% $72.8k|
|Independent Director||15.83yrs||US$65.37k||0.38% $278.4k|
|Independent Director||10.83yrs||US$41.37k||2.68% $2.0m|
|Independent Director||6.83yrs||US$56.87k||0.087% $63.6k|
|Director||0.83yr||no data||0.054% $39.4k|
|Independent Director||1.5yrs||US$33.92k||0.17% $120.6k|
|Independent Director||7.5yrs||US$50.87k||0.087% $63.6k|
|Chairman of the Board||2.92yrs||US$413.39k||1.78% $1.3m|
|Independent Director||2.92yrs||US$56.17k||0.10% $73.6k|
Experienced Board: BAYK's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Bay Banks of Virginia, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Bay Banks of Virginia, Inc.
- Ticker: BAYK
- Exchange: OTCPK
- Founded: 1930
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$72.740m
- Shares outstanding: 13.35m
- Website: https://www.baybanks.com
Number of Employees
- Bay Banks of Virginia, Inc.
- 1801 Bayberry Court
- Suite 101
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BAYK||OTCPK (Pink Sheets LLC)||Yes||Common Stock||US||USD||Nov 1999|
Bay Banks of Virginia, Inc., through its subsidiaries, provides various banking products and services to businesses, professionals, and consumers in Virginia. The company accepts checking accounts, savings accounts, money market accounts, cash management accounts, certificates of deposit, and individual retirement accounts. Its loan products include commercial and industrial loans, such as small business loans, asset based loans, and other secured and unsecured loans and lines of credit; residential and commercial mortgages; home equity loans; consumer installment loans; and consumer loans comprising automobile and boat financing, home improvement loans, and unsecured personal loans. It also offers credit cards; investment accounts; and insurance, online banking, telephone banking, mobile banking, analysis checking, cash management deposit, wire, direct deposit payroll, and remote deposit services, as well as a line of commercial lending options. In addition, the company offers management services, including estate planning and settlement, as well as trust administration, investment, and wealth management services; and revocable and irrevocable living trusts, testamentary trusts, custodial accounts, investment management accounts, and managed and self-directed rollover individual retirement accounts for personal and corporate trusts. As of February 6, 2019, it operated 20 banking offices, including a production office located throughout the greater Richmond area, the Northern Neck region, Middlesex County, the Tri-Cities area of Petersburg, Hopewell and Colonial Heights, Suffolk, and Virginia Beach. Bay Banks of Virginia, Inc. was founded in 1930 and is headquartered in Richmond, Virginia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/28 00:42|
|End of Day Share Price||2020/03/26 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.