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Last $18.55 USD
Change Today -0.02 / -0.11%
Volume 1.0K
MBRG On Other Exchanges
Symbol
Exchange
NASDAQ CM
As of 8:10 PM 05/1/15 All times are local (Market data is delayed by at least 15 minutes).

middleburg financial corp (MBRG) Snapshot

Open
$18.55
Previous Close
$18.57
Day High
$18.55
Day Low
$18.55
52 Week High
05/14/14 - $20.79
52 Week Low
10/16/14 - $16.87
Market Cap
132.3M
Average Volume 10 Days
2.4K
EPS TTM
$1.13
Shares Outstanding
7.1M
EX-Date
05/13/15
P/E TM
16.5x
Dividend
$0.40
Dividend Yield
2.00%
Current Stock Chart for MIDDLEBURG FINANCIAL CORP (MBRG)

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middleburg financial corp (MBRG) Details

Middleburg Financial Corporation operates as the bank holding company for Middleburg Bank that provides various banking products and services to individuals, and small and medium-sized businesses. The company operates through Commercial & Retail Banking, Wealth Management, and Mortgage Banking segments. It provides various deposit accounts, such as demand and interest checking, money market, savings, and time deposit accounts. The company’s loan portfolio comprise construction loans, including residential loans, and land acquisition and development loans; commercial business loans; residential mortgage loans; commercial real estate loans; 1-4 family residential real estate loans; and consumer loans, such as unsecured personal loans and lines of credit, automobile loans, deposit account loans, installment and demand loans, and home equity loans. It also offers Internet banking, travelers’ checks, safe deposit rentals, notary public, and wire services, as well as mortgage banking services to residential borrowers in five states in the Southeastern United States. In addition, the company provides wealth management services; and investment management and fiduciary services, including trust and estate settlement, as well as investment brokerage services. As of December 31, 2013, it operated 12 branches in the Virginia communities of Ashburn, Gainesville, Leesburg, Marshall, Middleburg, Purcellville, Reston, Richmond, Warrenton, and Williamsburg. The company was founded in 1924 and is headquartered in Middleburg, Virginia.

183 Employees
Last Reported Date: 03/13/15
Founded in 1924

middleburg financial corp (MBRG) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $485.4K
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $272.8K
Chief Operating Officer, Senior Executive Vic...
Total Annual Compensation: $345.2K
Chief Executive Officer of Middleburg Investm...
Total Annual Compensation: $264.8K
Chief Lending Officer and Executive Vice Pres...
Total Annual Compensation: $238.7K
Compensation as of Fiscal Year 2014.

middleburg financial corp (MBRG) Key Developments

Middleburg Financial Corporation Declares Cash Dividend, Payable on May 29, 2015

On April 30, 2015, Middleburg Financial Corporation announced the declaration of a cash dividend of $0.10 per share to shareholders of record on May 15, 2015, payable on May 29, 2015.

Middleburg Financial Corporation Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014

Middleburg Financial Corporation reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported total interest and dividend income of USD 10,487,000 against USD 11,114,000 a year ago. Net interest income was USD 9,315,000 against USD 9,609,000 a year ago. Income before income taxes was USD 1,792,000 against USD 1,202,000 a year ago. Net income attributable to the company was USD 1,630,000 or USD 0.23 per basic and diluted share against USD 1,123,000 or USD 0.16 per basic and diluted share a year ago. Return on average assets was 0.53% against 0.37% a year ago. Return on average equity was 5.31% against 3.92% a year ago. Net interest income after provision for loan losses was USD 8,865,000 against USD 9,499,000 a year ago. Book value per share was USD 17.11 as on December 31, 2014 against USD 15.90 as on December 31, 2013. Tangible book value per share was USD 16.58 as on December 31, 2014 against USD 15.13 as on December 31, 2013. Total revenue, which is comprised of net interest income (before provision for loan losses) and non-interest income, was USD 11.67 million for the fourth quarter of 2014, representing a decrease of 1.35% compared to the previous quarter and a decrease of 22.30% compared to the fourth quarter of 2013. The decline in revenue in the fourth quarter of 2014 compared to the previous quarter was driven by lower net interest income as the decrease in loan yields caused further net interest margin compression. For the full year, the company reported total interest and dividend income of USD 43,325,000 against USD 44,272,000 a year ago. Net interest income was USD 38,082,000 against USD 37,705,000 a year ago. Income before income taxes was USD 9,827,000 against USD 8,094,000 a year ago. Net income attributable to the company was USD 7,584,000 or USD 1.06 per diluted share against USD 6,154,000 or USD 0.87 per diluted share a year ago. Net interest income after provision for loan losses was USD 36,122,000 against USD 37,596,000 a year ago. Total revenue was USD 52.87 million compared to total revenue for 2013 of USD 62.24 million, a decline of 15.05% on a year-over-year basis. The declines in revenue in 2014 compared to the same periods in 2013 were primarily due to the sale of Southern Trust Mortgage in the second quarter of 2014, which resulted in no revenue from the gain on sale of residential mortgage loans in the third and fourth quarters of 2014.

Middleburg Financial Corporation Declares Cash Dividend for the Period Ended September 30, 2014, Payable on November 28, 2014

On October 30, 2014, Middleburg Financial Corporation announced the declaration of a cash dividend of $0.10 per share for the period ended September 30, 2014 to shareholders of record on November 14, 2014, payable on November 28, 2014.

 

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MBRG:US $18.55 USD -0.02

MBRG Competitors

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Company Last Change
MVB Financial Corp $13.50 USD 0.00
Premier Financial Bancorp Inc $14.84 USD 0.00
Summit Financial Group Inc $11.89 USD +0.03
First Bancorp Inc/ME $16.67 USD -0.01
WashingtonFirst Bankshares Inc $16.02 USD -0.11
View Industry Companies
 

Industry Analysis

MBRG

Industry Average

Valuation MBRG Industry Range
Price/Earnings 17.4x
Price/Sales 2.6x
Price/Book 1.1x
Price/Cash Flow 17.4x
TEV/Sales NM Not Meaningful
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