Village Bank and Trust Financial Corp. (NASDAQ:VBFC) major shareholder Kenneth R. Lehman acquired 88,781 shares of the firm’s stock in a transaction dated Friday, November 2nd. The stock was bought at an average price of $34.76 per share, with a total value of $3,086,027.56. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.
Village Bank and Trust Financial stock opened at $34.90 on Wednesday. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.97 and a current ratio of 0.99. Village Bank and Trust Financial Corp. has a 12-month low of $27.15 and a 12-month high of $35.00.
Village Bank and Trust Financial (NASDAQ:VBFC) last posted its quarterly earnings data on Tuesday, August 14th. The financial services provider reported $0.45 earnings per share (EPS) for the quarter. The business had revenue of $5.90 million during the quarter. Village Bank and Trust Financial had a negative net margin of 10.36% and a negative return on equity of 7.34%.
Separately, TheStreet cut shares of Village Bank and Trust Financial from a “b-” rating to a “c” rating in a report on Friday, October 5th.
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Village Bank and Trust Financial Company Profile
Village Bank and Trust Financial Corp. operates as the bank holding company for Village Bank that provides banking and related financial services to small and medium sized businesses, professionals, and individuals. The company operates in two segments, Traditional Commercial Banking and Mortgage Banking.
Further Reading: Cash Flow
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