Company Information

  

Address: ONE JAMES CENTER
901 E. CARY STREET, SUITE 1700 
City: RICHMOND 
State: VA 
Zip Code: 23219 
Telephone: (804) 433-2200 

Description of Business

Primary SIC Code: 6021
(As filed with the SEC)  

Xenith Bankshares, Inc. is a Virginia corporation and bank holding company for Xenith Bank, a Virginia banking corporation and a member of the Board of Governors of the Federal Reserve System (the "Federal Reserve"). Xenith Bank is a commercial bank specifically targeting the banking needs of middle market and small businesses, local real estate developers and investors, and retail banking clients (our "target customers"). Xenith Bank's regional area of operations spans from Baltimore, Maryland, to Raleigh and eastern North Carolina, complementing its significant presence in greater Washington, D.C., greater Richmond, Virginia, and greater Hampton Roads, Virginia (our "target markets"). Xenith Bank conducts its principal banking activities through 42 full-service branches and two loan production offices across these areas with its headquarters centrally located in Richmond, Virginia.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/20173.17NA9.80
03/20173.01NA8.43
12/20162.81NA10.04
09/201657.00NA0.41

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.08Total Liab/Total Assets0.86
Net Inc/Total Assets0.02Total Liab/Inv Cap0.92
Net Inc/Inv Cap0.02Total Liab/Comm Equity3.94
Pretax Inc/Net Sales-0.04Interest Coverage Ratio-0.58
Net Inc/Net Sales0.55Curr Debt/Equity0.46
Cash Flow/Net Sales0.41LTD/EquityNA
SG&A/NetSales0.62Total Debt/Equity0.46
Asset Utilization   Liquidity  
Net Receivables Turnover16.03Quick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E1.66  

Income Statement (Millions)

  6/30/2017 3/31/2017 12/31/2016 9/30/2016
Total Revenues(Net Sales) 33.41 32.80 32.10 30.24
Cost of Goods Sold 4.04 3.96 3.98 3.60
Selling & Admin Exps 17.74 19.28 17.29 19.59
Operating Income NA NA NA NA
Interest Exp 0.83 0.85 0.85 0.76
Pretax Income 9.09 8.44 8.18 -17.34
Other Income NA NA NA NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 6.27 5.66 5.17 47.86

Balance Sheet (Millions)

Assets 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Cash & Short Term Investments 483.74 518.18 468.75 462.53
Receivables - Total 7.77 8.49 8.81 9.21
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment 60.69 61.56 62.34 63.48
Total Assets 3,176.46 3,198.58 3,267.19 3,325.47
Liabilities        
Accounts Payable 0.74 0.79 0.83 0.65
Debt in Current Liabilities 39.07 88.94 210.81 235.97
Total Current Liabilities NA NA NA NA
Long-Term Debt NA NA NA NA
Total Liabilities 2,697.68 2,728.09 2,804.01 2,861.66
Stockholder's Equity        
Minority Interest 0.00 0.00 0.46 1.14
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 0.23 0.23 0.23 2.31
Retained Earnings -233.41 -239.88 -245.54 -250.71
Treasury Stock NA NA NA NA
Total Stockholders' Equity 478.78 470.49 463.18 463.81
Total Liabilities and Stockholders' Equity 3,176.46 3,198.58 3,267.19 3,325.47

Cash Flow Summary (Millions)

Categories 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Net Cash Provided by Operating Activities 8.63 18.99 70.63 -35.28
Net Cash Provided by Investing Activities -8.50 108.21 -3.81 -12.55
Net Cash Provided by Financing Activities -30.33 -74.05 -49.73 93.25

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/201289.97-25.09--
12/2013108.224.08--
12/201499.149.33--
12/201585.5492.96--
12/2016103.5457.042.81
Growth Rates3.57----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/179613,81659.54




Report Date : 10/23/2017

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