Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $16.00 USD
Change Today +0.45 / 2.89%
Volume 700.0
HBKS On Other Exchanges
Symbol
Exchange
OTC US
As of 8:10 PM 05/29/15 All times are local (Market data is delayed by at least 15 minutes).

heritage bankshares inc (HBKS) Snapshot

Open
$16.00
Previous Close
$15.55
Day High
$16.00
Day Low
$16.00
52 Week High
02/18/15 - $17.00
52 Week Low
10/23/14 - $14.56
Market Cap
36.4M
Average Volume 10 Days
673.5
EPS TTM
$1.23
Shares Outstanding
2.3M
EX-Date
04/30/15
P/E TM
13.0x
Dividend
$0.48
Dividend Yield
3.00%
Current Stock Chart for HERITAGE BANKSHARES INC (HBKS)

Related News

No related news articles were found.

heritage bankshares inc (HBKS) Related Businessweek News

No Related Businessweek News Found

heritage bankshares inc (HBKS) Details

Heritage Bankshares, Inc. operates as the bank holding company for Heritage Bank that provides commercial and retail banking products and services to individuals and businesses. It generates deposit products, including checking accounts, savings accounts, and certificates of deposit; and offers business loans, such as owner-occupied real estate, small business, commercial, real estate, and construction loans. The company also provides refinancing of owner-occupied facilities; and financing for equipment, such as vehicles, trucks, forklifts, and other heavy equipment for business. In addition, it offers online banking services consisting of account access and review, bill pay, transaction management, transfer, transaction history, stop payment, electronic document delivery, check and deposit images, and wire transfer services, as well as offers VISA check cards/ATM cards. As of April 25, 2014, it had two full-service branches in the city of Norfolk, two full-service branches in the city of Virginia Beach, and one full-service branch in the city of Chesapeake, Virginia. Heritage Bankshares, Inc. is headquartered in Norfolk, Virginia.

heritage bankshares inc (HBKS) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

heritage bankshares inc (HBKS) Key Developments

Heritage Bankshares Inc. Declares Regular Quarterly Dividend on Common Stock, Payable on May 15, 2015; Declares Dividend on Preferred Stock, Payable on July 1, 2015; Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

Heritage Bankshares Inc. announced that its board of directors declared the company's regular quarterly dividend of $0.12 per share on its common stock. The dividend will be payable on May 15, 2015 to common shareholders of record on May 4, 2015. The company will pay dividends of $19,500 on the preferred stock issued in connection with the company’s participation in the SBLF program. This dividend shall be payable on July 1, 2015 to the holders of the SBLF preferred stock of record on June 20, 2015. The company announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported total interest income of $2,556,000 against $2,423,000 a year ago. Net interest income was $2,359,000 against $2,204,000 a year ago. Net interest income after provision for loan losses was $2,359,000 against $2,204,000 a year ago. Income before provision for income taxes was $724,000 against $568,000 a year ago. Net income available to common stockholders was $500,000 against $398,000 a year ago. Diluted earnings per common share were $0.21 against $0.17 a year ago. Annualized return on average assets was 0.61% against 0.52% a year ago. Annualized return on average common equity was 6.34% against 5.41% a year ago. Average tangible equity to average assets was 11.82% against 12.02% a year ago. Tangible equity to assets, at period-end was 12.44% against 11.63% a year ago. Book value per share was $14.52 against $13.70 a year ago.

Heritage Bankshares Inc. Announces Unaudited Consolidated Earnings Results for Fourth Quarter and Full Year Ended December 31, 2014

Heritage Bankshares Inc. announced unaudited consolidated earnings results for fourth quarter and full year ended December 31, 2014. For the quarter, the company reported total interest income of $2,593,000, net interest income of $2,384,000, income before provision for income taxes of $838,000, net income available to common stockholders of $574,000 or $0.24 per diluted share, annualized return on average assets of 0.68%, annualized return on average common equity of 7.17% compared to the total interest income of $2,487,000, net interest income of $2,269,000, income before provision for income taxes of $938,000, net income available to common stockholders of $658,000 or $0.28 per diluted share, annualized return on average assets of 0.85%, annualized return on average common equity of 8.71% for the same quarter a year ago. For the year, the company reported total interest income of $10,152,000, net interest income of $9,268,000, income before provision for income taxes of $3,750,000, net income available to common stockholders of $2,794,000 or $1.19 per diluted share, annualized return on average assets of 0.86%, annualized return on average common equity of 9.01% compared to the total interest income of $10,169,000, net interest income of $9,292,000, income before provision for income taxes of $3,491,000, net income available to common stockholders of $2,416,000 or $1.04 per diluted share, annualized return on average assets of 0.78%, annualized return on average common equity of 8.42% for the previous year. Book value per share as at December 31, 2014 was $14.41 compared to the $13.67 as on December 31, 2013.

Heritage Bankshares Inc. Declares Quarterly Dividend, Payable on February 20, 2015; to Pay Dividends on the Preferred Stock, Payable on April 1, 2015

On January 28, 2015, Board of Directors declared Heritage Bankshares Inc.'s regular quarterly dividend of $0.12 per share on common stock. The dividend will be paid on February 20, 2015 to common shareholders of record on February 9, 2015. The company will pay dividends of $19,500 on the preferred stock issued in connection with participation in the SBLF program. This dividend shall be paid on April 1, 2015 to the holders of the SBLF preferred stock of record on March 20, 2015.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
HBKS:US $16.00 USD +0.45

HBKS Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for HBKS.
View Industry Companies
 

Industry Analysis

HBKS

Industry Average

Valuation HBKS Industry Range
Price/Earnings 13.0x
Price/Sales 3.3x
Price/Book 1.1x
Price/Cash Flow 12.3x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact HERITAGE BANKSHARES INC, please visit www.heritagebankva.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.