Yahoo! FinanceHome - Yahoo! - Help

Market Guide

[ Stock Screener | Company & Fund Index | Financial Glossary ]

Profile - Commonwealth Bankshares (NasdaqNM:CWBS)
As of 31-Aug-2001
Enter symbol:
symbol lookup

 
More Info: Quote | Chart | News | Profile | SEC | Reports
Location
403 Boush Street
Norfolk, VA 23510
Phone: (757) 446-6900
Employees (last reported count): 86
Financial Links
 ·Historical Quote Data
 ·Raw SEC Filings at sec.gov
Competitors:
 ·Sector: Financial
 ·Industry: Regional Banks
Company Website
 ·Home Page

 ·Search Yahoo! for related links...

Ownership
·Insider and 5%+ Owners: 29%
·Over the last 6 months:
 · one insider buy; 2,000  shares (0.4% of insider shares)
·Institutional: 11% (16% of float)
(5 institutions)
·Net Inst. Selling: 143.0K shares (+320.98%)
(prior quarter to latest quarter)
More From Market Guide
 ·Highlights
 ·Performance
 ·Ratio Comparisons
Business Summary
Commonwealth Bankshares, Inc. is the holding company for Bank of the Commonwealth (the Bank). The Bank operates three branches in Norfolk, four branches in Virginia Beach and one in Chesapeake. A new branch was opened on April 30, 2001 in Portsmouth. Through its network of banking facilities, the Bank provides a wide range of commercial banking services to individuals and small and medium-sized businesses. Services include the acceptance of checking and savings deposits, and the initiating of commercial, real estate, personal, home improvement, automobile and other installment and term loans. The Bank also offers other related services, such as home banking, trust, travelers' checks, safe deposit, lock box, depositor transfer, customer note payment, collections, notary public, escrow, drive-in facility and other customary banking services.
More from Market Guide: Expanded Business Description

Financial Summary
Commonwealth Bankshares, Inc. is the holding company for the Bank of Commonwealth, which operates nearly 10 branches in Virginia. For the six months ended 6/30/01, total interest income rose 26% to $8.7 million. Net interest income after LLP fell 3% to $3 million. Net income fell 37% to $377 thousand. Net interest income reflects an increase in interest-earning assets, offset by higher deposits. Earnings reflect an increase in salaries and benefits.
More from Market Guide: Significant Developments

Officers
Edward J. Woodward Jr., Chmn./Pres./CEO
John H. Gayle, Exec. VP/Secy.
More from Market Guide on Officers & Directors:
Expanded List, Bios, Compensation, Options
Statistics at a Glance -- NasdaqNM:CWBSAs of 31-Aug-2001
Price and Volume
52-Week Low
on 8-June-2001
$4.90 
Recent Price$6.80 
52-Week High
on 4-Apr-2001
$7.50 
Beta-0.19 
Daily Volume (3-month avg)6,455 
Daily Volume (10-day avg)6,000 
Stock Performance
[one-year price graph]
big chart [1d | 5d | 3m | 6m | 1y | 2y]
52-Week Change-2.9%
52-Week Change
relative to S&P500
+30.3%
Share-Related Items
Market Capitalization$11.5M
Shares Outstanding1.70M
Float1.20M
Dividends & Splits
Annual Dividend (indicated)$0.14 
Dividend Yield2.06%
Last Splitnone 
Per-Share Data
Book Value (mrq)$7.89 
Earnings (ttm)$0.06 
Earnings (mrq)$0.13 
Sales (ttm)$8.64 
Cash (mrq)$14.87 
Valuation Ratios
Price/Book (mrq)0.86 
Price/Earnings (ttm)115.25 
Price/Sales (ttm)0.79 
Income Statements
Sales (ttm)$16.4M
EBITDAN/A 
Income available to common (ttm)$80.0K
Profitability
Profit Margin (ttm)0.5%
Fiscal Year
Fiscal Year EndsDec 31
Most recent quarter30-June-2001
Management Effectiveness
Return on Assets (ttm)0.04%
Return on Equity (ttm)0.61%
Financial Strength
Current RatioN/A 
Long-Term Debt/Equity (mrq)0.04 
Total Cash (mrq)$25.2M
Short Interest
As of 8-Aug-2001
Shares Short0 
Shares Short
(Prior Month)
0 
Daily Volume10.0K
See Profile Help for a description of each item above;   K = thousands;   M = millions;   mrq = most-recent quarter;   ttm = trailing twelve months;   (as of 30-June-2001)

Market Guide offers more in-depth Company Research, Stock Screening, and Hottest Stocks and Industries on over 10,000 U.S. Equities.


Copyright © 2001 Yahoo! Inc. All Rights Reserved. Privacy Policy - Terms of Service
Company information Copyright Market Guide. Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI). Data and information is provided for informational purposes only, and is not intended for trading purposes. Neither Yahoo nor any of its data or content providers (such as Market Guide, CSI, etc.) shall be liable for any errors or delays in the content, or for any actions taken in reliance thereon.