OTCPK:PTRS

Stock Analysis Report

Virginia Partners Bank

Executive Summary

Virginia Partners Bank provides personal and business banking services.

Snowflake

Fundamentals

Weak fundamentals or lack of information.


Similar Companies

Share Price & News

How has Virginia Partners Bank's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.2%

PTRS

4.1%

US Banks

1.0%

US Market


1 Year Return

-6.6%

PTRS

7.2%

US Banks

8.0%

US Market

Return vs Industry: PTRS underperformed the US Banks industry which returned 7.2% over the past year.

Return vs Market: PTRS underperformed the US Market which returned 8% over the past year.


Shareholder returns

PTRSIndustryMarket
7 Day0.2%4.1%1.0%
30 Day-1.0%2.8%-0.07%
90 Day-4.8%2.9%-1.0%
1 Year-6.6%-6.6%10.3%7.2%10.4%8.0%
3 Yearn/a53.9%43.3%46.2%36.7%
5 Yearn/a71.9%53.1%64.3%46.2%

Price Volatility Vs. Market

How volatile is Virginia Partners Bank's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Virginia Partners Bank undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Virginia Partners Bank is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Virginia Partners Bank has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of PTRS’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Virginia Partners Bank regulatory filings here.
  • Explore potentially undervalued companies in the Banks industry.

Future Growth

How is Virginia Partners Bank forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

0.6%

Forecasted Banks industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Virginia Partners Bank has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

  • Take a look at our analysis of PTRS’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Virginia Partners Bank's filings and announcements here.
  • Explore growth companies in the Banks industry.

Past Performance

How has Virginia Partners Bank performed over the past 5 years?

15.6%

Historical Banks annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Virginia Partners Bank has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.


Next Steps

Financial Health

How is Virginia Partners Bank's financial position? (This company is analysed differently as a bank or financial institution)


In this section we usually analyse Virginia Partners Bank's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Virginia Partners Bank has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.


Next Steps

  • Take a look at our analysis of PTRS’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Investors tend to look at the financial health of a company this size in order to assess the sustainability of its current operations. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website.
  • Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when Virginia Partners Bank's financial data was last updated here.
  • Explore more healthy companies in the Banks industry.

Dividend

What is Virginia Partners Bank's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage3.0%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate PTRS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate PTRS's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if PTRS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PTRS's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PTRS's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of Virginia Partners Bank's salary, the management and board of directors tenure and is there insider trading?

5.0yrs

Average management tenure


CEO

Lloyd Harrison (62yo)

5.8yrs

Tenure

US$227,784

Compensation

Mr. Lloyd B. Harrison, III is the Chief Executive Officer of Virginia Partners Bank since June 30, 2014 and President and Director since 2007. Mr. Harrison served as Treasurer, Secretary and Chief Operatin ...


Management Age and Tenure

5.0yrs

Average Tenure

Experienced Management: PTRS's management team is seasoned and experienced (5 years average tenure).


Board Age and Tenure

8.8yrs

Average Tenure

60yo

Average Age

Experienced Board: PTRS's board of directors are considered experienced (8.8 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Kevin Fastabend

    Senior Vice President of Commercial Banking

    • Tenure: 5yrs
  • Lloyd Harrison (62yo)

    President

    • Tenure: 5.8yrs
    • Compensation: US$227.78k
  • Wallace King (56yo)

    Executive VP

    • Tenure: 8.8yrs
    • Compensation: US$200.73k
  • Kevin Hopun

    Senior VP & Chief Regulatory Officer

    • Tenure: 0yrs
  • John Murray

    Senior Vice President of Consumer Banking

    • Tenure: 0yrs
  • Robin Huddle

    Senior Vice President of Residential Mortgages

    • Tenure: 0yrs
  • Warren Rice

    Senior Vice President of Commercial Banking - Maryland Partners Bank Division

    • Tenure: 0yrs
  • Beth Abbott

    Vice President of Commercial Banking - Maryland Partners Bank Division

    • Tenure: 5yrs
  • Carolyn Kline

    VP & Chief Retail Operations Officer

    • Tenure: 1.8yrs
  • J. Sothen

    Executive VP & CFO

    • Tenure: 0yrs

Board Members

  • Ken Lehman (60yo)

    Director

    • Tenure: 2.8yrs
  • William Vakos (49yo)

    Director

    • Tenure: 5.2yrs
  • Lloyd Harrison (62yo)

    President

    • Tenure: 5.8yrs
    • Compensation: US$227.78k
  • Wallace King (56yo)

    Executive VP

    • Tenure: 8.8yrs
    • Compensation: US$200.73k
  • Mona Albertine (69yo)

    Director

    • Tenure: 12.8yrs
    • Compensation: US$8.63k
  • Lewis Graves

    Director

    • Tenure: 0yrs
    • Compensation: US$9.88k
  • Lucy Harman (71yo)

    Director

    • Tenure: 12.8yrs
    • Compensation: US$6.63k
  • John Janney (62yo)

    Chairman of the Board

    • Tenure: 0yrs
    • Compensation: US$9.38k
  • George Snead (50yo)

    Vice Chairman of the Board

    • Tenure: 0yrs
    • Compensation: US$8.88k
  • Steven Mote (53yo)

    Director

    • Tenure: 5.8yrs

Company Information

Virginia Partners Bank's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Virginia Partners Bank
  • Ticker: PTRS
  • Exchange: OTCPK
  • Founded: 2008
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$50.534m
  • Shares outstanding: 4.09m
  • Website: https://www.vapartnersbank.com

Location

  • Virginia Partners Bank
  • 410 William Street
  • Fredericksburg
  • Virginia
  • 22401
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PTRSOTCPK (Pink Sheets LLC)YesCommon StockUSUSDMay 2017

Biography

Virginia Partners Bank provides personal and business banking services. The company’s personal banking products and services include free checking, partners checking, partners interest checking, partners m ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 00:43
End of Day Share Price2019/10/17 00:00
EarningsN/A
Annual EarningsN/A


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.