WashingtonFirst Bankshares (WFBI) Scheduled to Post Earnings on Wednesday

WashingtonFirst Bankshares (NASDAQ:WFBI) will post its quarterly earnings results on Wednesday, January 24th. Analysts expect WashingtonFirst Bankshares to post earnings of $0.42 per share for the quarter.

WashingtonFirst Bankshares (NASDAQ:WFBI) last announced its quarterly earnings results on Thursday, October 19th. The bank reported $0.41 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.41. WashingtonFirst Bankshares had a return on equity of 18.37% and a net margin of 19.00%. The company had revenue of $23.40 million during the quarter, compared to the consensus estimate of $24.98 million. On average, analysts expect WashingtonFirst Bankshares to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of WashingtonFirst Bankshares (NASDAQ WFBI) opened at $34.26 on Wednesday. WashingtonFirst Bankshares has a fifty-two week low of $26.22 and a fifty-two week high of $37.19. The stock has a market capitalization of $448.95, a PE ratio of 22.69 and a beta of 0.15. The company has a quick ratio of 0.98, a current ratio of 1.00 and a debt-to-equity ratio of 0.66.

In other WashingtonFirst Bankshares news, Director Gail R. Steckler sold 2,755 shares of the stock in a transaction dated Thursday, December 14th. The stock was sold at an average price of $34.18, for a total value of $94,165.90. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Gail R. Steckler sold 16,349 shares of the stock in a transaction dated Monday, December 11th. The stock was sold at an average price of $34.24, for a total value of $559,789.76. Following the completion of the sale, the director now owns 32,141 shares of the company’s stock, valued at $1,100,507.84. The disclosure for this sale can be found here. Insiders sold 111,334 shares of company stock valued at $3,811,359 over the last 90 days. Corporate insiders own 20.70% of the company’s stock.

Separately, BidaskClub downgraded WashingtonFirst Bankshares from a “hold” rating to a “sell” rating in a report on Tuesday, December 12th.

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WashingtonFirst Bankshares Company Profile

WashingtonFirst Bankshares, Inc is a bank holding company. The Company, through its subsidiary, WashingtonFirst Bank (the Bank), operates banking offices throughout the Washington, DC metropolitan area. The Company’s segments include Commercial Bank, Mortgage Bank, Wealth Management and Other. In addition, the Company provides wealth management services through its subsidiary, 1st Portfolio, Inc (Wealth Advisors), located in Fairfax, Virginia, and mortgage banking services through the Bank’s subsidiary, WashingtonFirst Mortgage Corporation, which operates in two locations: Fairfax, Virginia and Rockville, Maryland.

Earnings History for WashingtonFirst Bankshares (NASDAQ:WFBI)

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