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Last $20.40 USD
Change Today -0.20 / -0.97%
Volume 97.0
As of 8:04 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

first west virginia bancorp (FWV) Snapshot

Open
$20.40
Previous Close
$20.60
Day High
$20.40
Day Low
$20.40
52 Week High
02/24/15 - $24.55
52 Week Low
12/19/14 - $18.91
Market Cap
35.3M
Average Volume 10 Days
142.9
EPS TTM
$1.34
Shares Outstanding
1.7M
EX-Date
08/28/15
P/E TM
15.2x
Dividend
$0.80
Dividend Yield
3.92%
Current Stock Chart for FIRST WEST VIRGINIA BANCORP (FWV)

first west virginia bancorp (FWV) Related Businessweek News

No Related Businessweek News Found

first west virginia bancorp (FWV) Details

First West Virginia Bancorp, Inc. operates as the holding company for Progressive Bank, National Association, which provides a range of consumer and commercial banking products and services to individuals, businesses, professionals, and governments. The company offers various deposit accounts, including non-interest bearing demand checking accounts, interest bearing checking, savings accounts, money market accounts, certificates of deposit, individual retirement accounts, and Christmas club accounts. It also provides loans secured by real estate to consumers and businesses; and commercial and general consumer loans to individuals. The company operates nine full service branches located in Wheeling, Wellsburg, Moundsville, New Martinsville, Buckhannon, and Weston, West Virginia and Bellaire, Ohio. First West Virginia Bancorp, Inc. was founded in 1973 and is based in Wheeling, West Virginia.

96 Employees
Last Reported Date: 03/27/15
Founded in 1973

first west virginia bancorp (FWV) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $111.6K
Chief Administrative Officer, Chief Financial...
Total Annual Compensation: $140.4K
Chief Operating Officer, Vice President, Inve...
Total Annual Compensation: $121.6K
Compensation as of Fiscal Year 2014.

first west virginia bancorp (FWV) Key Developments

First West Virginia Bancorp, Inc. Announces Quarterly Cash Dividend, Payable on September 15, 2015

First West Virginia Bancorp Inc. has declared a quarterly cash dividend of 20 cents per share to be paid to its shareholders for the third quarter of 2015. The dividend will be paid on September 15, 2015 to shareholders of record on September 1, 2015.

First West Virginia Bancorp Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

First West Virginia Bancorp Inc. reported earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported net income of $332,000 or $0.20 per share as compared to $538,000 or $0.31 per share for the same period in 2014. The decrease in net income for the three months ended June 30, 2015 as compared to the same period of the prior year of $206,000 or 38.3% was primarily the result of the decrease in net interest income and noninterest income and the increase in noninterest expense, offset in part by the small increase in the income tax benefit. Net interest income decreased $68,000 or 3.4% primarily due to the decrease in the interest earned on investment securities, offset in part by the increase in the interest and fees earned on loans and the slight decrease in the interest expense paid on interest bearing liabilities. For the six months, the company reported net income of $1,370,000 or $0.80 per share for the six months ended June 30, 2015 compared to $984,000 or $0.57 per share for the same period during 2014. The increase in net income for the six months ended June 30, 2015 as compared to the same period in 2014 of $386,000 or 39.2% was primarily the result of the increase in noninterest income and net interest income, offset in part by the increase in income tax expense and noninterest expense. Net interest income increased $68,000 or 1.7%, primarily due to the increase in the interest and fees earned on loans and the small decrease in the interest expense paid on interest bearing liabilities, offset in part by the decrease in the interest earned on investment securities. The return on average assets was 0.83% for the six months ended June 30, 2015 as compared to 0.59% for the same period of the prior year. Return on average equity was 8.03% and 5.93%, respectively.

First West Virginia Bancorp Inc. Declares Cash Dividend for the Second Quarter of 2015, Payable on June 15, 2015

The board of directors of First West Virginia Bancorp Inc. has declared a quarterly cash dividend of 20 cents per share to be paid to its shareholders for the second quarter of 2015. The dividend will be paid on June 15, 2015 to shareholders of record on June 1, 2015.

 

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FWV:US $20.40 USD -0.20

FWV Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Bank of the James Financial Group Inc $11.08 USD 0.00
Cordia Bancorp Inc $3.75 USD +0.11
Glen Burnie Bancorp $12.05 USD 0.00
Southwest Georgia Financial Corp $14.60 USD 0.00
Village Bank and Trust Financial Corp $18.80 USD +0.2999
View Industry Companies
 

Industry Analysis

FWV

Industry Average

Valuation FWV Industry Range
Price/Earnings 15.5x
Price/Sales 3.2x
Price/Book 1.0x
Price/Cash Flow 15.6x
TEV/Sales NM Not Meaningful
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