Washingtonfirst Bk (WFBI) 21.52 $WFBI
WashingtonFirst Bankshares Inc. Declares 11th Consecutive Quarterly Cash Dividend
BusinessWire - Tue May 17, 3:41PM CDT
WashingtonFirst Bankshares, Inc. (the "Company"
(NASDAQ: WFBI) today announced that its Board of Directors declared a cash dividend of six cents ($0.06) per share payable on July 1, 2016, to stockholders of record as of June 10, 2016. The dividend payout will be approximately $731,000, on 12.2 million shares of voting and non-voting common stock. While the Company expects to continue to declare and pay quarterly cash dividends in the future, any such dividend would be at the discretion of the Board of Directors of the Company and would be subject to applicable federal and state regulatory limitations.
WFBI: 21.52 (-0.12)
WashingtonFirst Bankshares, Inc. Reports 42% Growth and Record Earnings for Q1 2016
BusinessWire - Thu Apr 21, 3:05PM CDT
WashingtonFirst Bankshares, Inc. (NASDAQ: WFBI) (the "Company" , announced today its consolidated net income of $3.9 million (or $0.32 per diluted common share) for the three months ended March 31, 2016, a 42.1% increase over the $2.8 million in net income (or $0.28 per diluted common share) for the three months ended March 31, 2015, and a 10.8% increase over the $3.5 million in net income (or $0.32 per diluted common share) for the prior quarter ended December 31, 2015. Additionally, the Company paid its 10th consecutive quarterly dividend of $0.06 on April 1, 2016.
WFBI: 21.52 (-0.12)
WashingtonFirst Bank Announces the Opening of Its 19th Branch in Potomac, Maryland
BusinessWire - Mon Mar 28, 4:34PM CDT
WashingtonFirst Bank is pleased to announce the opening of its nineteenth branch in Potomac, Maryland. The Bank opened its newest branch on Monday, March 28, 2016, in the heart of Potomac at 9812 Falls Road, Suite 125, Potomac, Maryland. The Potomac branch expands the Bank's market reach into Maryland. A grand opening celebration will take place late Spring 2016.
WFBI: 21.52 (-0.12)
WashingtonFirst Bank Announces the Opening of Its 18th Branch in Alexandria, Virginia
BusinessWire - Mon Feb 08, 11:35AM CST
WashingtonFirst Bank is pleased to announce the opening of its eighteenth branch in Alexandria, Virginia. The Bank opened its newest branch on Monday, February 8, 2016, in the heart of Old Town Alexandria at 115 N. Washington Street, Alexandria, Virginia. The Alexandria branch expands the Bank's market reach into one of the oldest and most historic business communities in Virginia. A grand opening celebration will take place in the spring of 2016.
WFBI: 21.52 (-0.12)
BUYINS.NET: OLBK, WFBI, WBB, SCNB, Expected to Trade Higher After Bullish Insider Trading
M2 - Fri Feb 05, 7:52AM CST
BUYINS.NET / http://www.squeezetrigger.com is monitoring top insider trading patterns and these stocks are the most likely to trade Higher in the next 6 months. Old Line Bancshares Inc (NASDAQ:OLBK), WASHINGTONFIRST BANKSHARE (NASDAQ:WFBI), (NASDAQ:WBB), (NYSE:SCNB) are all expected to go Higher as Buy signals have been generated by top insider trading patterns.
WBB: 19.79 (-0.02), WFBI: 21.52 (-0.12), OLBK: 17.45 (-0.06), SCNB: 25.18 (+0.03)
WashingtonFirst Bankshares, Inc. Reports 32% Growth and Record Earnings for 2015
BusinessWire - Thu Jan 28, 7:56PM CST
WashingtonFirst Bankshares, Inc. (NASDAQ: WFBI) (the "Company" , announced today its consolidated earnings of $3.5 million for the three months ended December 31, 2015, a 38.6 percent increase over the $2.6 million in net income for the three months ended December 31, 2014, and a 12.2 percent increase over the $3.1 million in net income for the prior quarter ended September 30, 2015. Results for the 4th quarter of 2015 included the full impact of the recently-acquired 1st Portfolio mortgage banking and wealth advisory services, as well as growth in our core commercial banking activities.
WFBI: 21.52 (-0.12)
WashingtonFirst Bankshares, Inc. Extends Deadline of Its Previously Announced Exchange Offer
BusinessWire - Fri Jan 22, 7:30AM CST
WashingtonFirst Bankshares, Inc. (NASDAQ: WFBI) (the "Company" today announced that it has extended its offer (the "Exchange Offer" to exchange up to $25,000,000 aggregate principal amount of its 6.00% Fixed-To-Floating Rate Subordinated Notes due 2025, which have been registered under the Securities Act of 1933, as amended (the "Registered Notes" , for an equal principal amount of its outstanding unregistered 6.00% Fixed-To-Floating Rate Subordinated Notes due 2025 (the "Unregistered Notes" .
WFBI: 21.52 (-0.12)
WashingtonFirst Bankshares, Inc. Announces Closing of Public Offering of 1,655,000 Shares of Common Stock
BusinessWire - Tue Dec 08, 3:06PM CST
WashingtonFirst Bankshares, Inc. (NASDAQ: WFBI) (the "Company" today announced the closing of an underwritten public offering of 1,655,000 shares of its voting common stock, which included 215,000 shares sold pursuant to the underwriters' exercise of their option to purchase additional shares, at a price of $20.00 per share to the public. The net proceeds to the Company, after deducting the underwriting discount and estimated offering expenses payable by the Company, were approximately $31.1 million.
WFBI: 21.52 (-0.12)
WashingtonFirst Bankshares, Inc. Announces Pricing of Public Offering of 1,440,000 Shares of Common Stock
BusinessWire - Thu Dec 03, 8:00AM CST
WashingtonFirst Bankshares, Inc. (NASDAQ: WFBI) (the "Company" today announced the pricing of an underwritten public offering of 1,440,000 shares of its voting common stock at a price of $20.00 per share to the public. The Company has granted the underwriters a 30-day option to purchase up to an additional 216,000 shares of common stock. All of the shares are being offered for sale by the Company. The net proceeds to the Company, after deducting the underwriting discount and estimated offering expenses payable by the Company, are expected to be approximately $27.0 million (or approximately $31.1 million if the underwriters exercise their option to purchase additional shares in full). Subject to customary closing conditions, the public offering is expected to close on December 8, 2015.
WFBI: 21.52 (-0.12)
WashingtonFirst Bankshares, Inc. Announces Public Offering of 1,200,000 Shares of Common Stock
BusinessWire - Wed Dec 02, 3:05PM CST
WashingtonFirst Bankshares, Inc. (NASDAQ: WFBI) (the "Company" today announced that it has commenced an underwritten public offering of 1,200,000 shares of its voting common stock. The Company intends to grant the underwriters a 30-day option to purchase up to an additional 15 percent of the shares of common stock sold pursuant to the offering. All of the shares are being offered for sale by the Company.
WFBI: 21.52 (-0.12)
WashingtonFirst Bankshares Inc. Declares 9th Consecutive Quarterly Cash Dividend and Increases Amount to $0.06 Per Share
BusinessWire - Tue Nov 17, 3:10PM CST
WashingtonFirst Bankshares, Inc. (the "Company" (NASDAQ: WFBI) today announced that its Board of Directors declared a cash dividend of six cents ($0.06) per share payable on January 4, 2016, to stockholders of record as of December 14, 2015. The dividend payout will be approximately $631,000, on 10.5 million shares of voting and non-voting common stock. Shaza Andersen, President & CEO of the Company, said, "We are excited to share the Company's continued success with our stockholders by declaring our 9th consecutive quarterly cash dividend and increasing the amount to $0.06 per share." While the Company expects to continue to declare and pay quarterly cash dividends in the future, any such dividend would be at the discretion of the Board of Directors of the Company and would be subject to applicable federal and state regulatory limitations.
WFBI: 21.52 (-0.12)
WashingtonFirst Bankshares, Inc. Reports 28% Increase in Earnings for the First Nine Months of 2015
BusinessWire - Thu Oct 22, 3:19PM CDT
Today WashingtonFirst Bankshares, Inc. (NASDAQ: WFBI) (the "Company" , the parent company of WashingtonFirst Bank (the "Bank" , announced its consolidated earnings for the third quarter ended September 30, 2015. For the three months ended September 30, 2015, the Company reported unaudited consolidated net income available to common shareholders of $3.1 million compared to $2.8 million for the three months ended September 30, 2014. For the nine months ended September 30, 2015, the Company earned net income of $8.6 million compared to $6.7 million for the nine months ended September 30, 2014, an increase of 28 percent. The growth in earnings is primarily the result of continued organic growth and the impact of the acquisition of 1st Portfolio Holding Corporation in July 2015. The Company incurred pre-tax merger expenses of $0.6 million in connection with the acquisition, which impacted earnings.
WFBI: 21.52 (-0.12)
WashingtonFirst Bankshares announces payment of remaining USD8.9m preferred stock under SBLF
M2 - Wed Oct 07, 3:16AM CDT
WashingtonFirst Bankshares Inc (NASDAQ:WFBI) has paid off the remaining USD8.9m of preferred stock issued in connection with its participation in the Small Business Lending Fund (SBLF) issued in 2011, it reported on Wednesday.
WFBI: 21.52 (-0.12)
WashingtonFirst Bankshares, Inc. Pays Off SBLF, Increases Capital to Support Planned Growth
BusinessWire - Tue Oct 06, 3:28PM CDT
WashingtonFirst Bankshares, Inc. (the "Company" (NASDAQ: WFBI) today announced that it has paid off the remaining $8.9 million of preferred stock issued in connection with the Company's participation in the Small Business Lending Fund ("SBLF" . The dividend rate on the SBLF preferred stock, which had remained constant at 1% since the preferred stock was issued in 2011, was scheduled to increase to 9% in February of 2016.
WFBI: 21.52 (-0.12)
CORRECTING and REPLACING WashingtonFirst Bankshares Inc. Approves Quarterly Cash Dividend
BusinessWire - Wed Aug 19, 2:29PM CDT
Headline of release dated August 18, 2015, should read: WashingtonFirst Bankshares Inc. Approves Quarterly Cash Dividend (instead of WashingtonFirst Bankshares Inc. Increases Quarterly Cash Dividend).
WFBI: 21.52 (-0.12)
WashingtonFirst Bankshares announces higher quarterly dividend of USD0.05 per share
M2 - Wed Aug 19, 5:28AM CDT
The board of directors of WashingtonFirst Bankshares Inc (NASDAQ:WFBI) authorised a cash dividend of USD0.05 per share, the company reported on Wednesday.
WFBI: 21.52 (-0.12)
WashingtonFirst Bankshares Inc. Increases Quarterly Cash Dividend
BusinessWire - Tue Aug 18, 3:22PM CDT
WashingtonFirst Bankshares, Inc. (the "Company" (NASDAQ: WFBI) today announced that its Board of Directors declared a cash dividend of five cents ($0.05) per share payable on October 1, 2015, to stockholders of record as of September 10, 2015. The dividend payout will be approximately $526,000, on 10.5 million shares of voting and non-voting common stock. While the Company expects to continue to declare and pay quarterly cash dividends in the future, any such dividend would be at the discretion of the Board of Directors of the Company and would be subject to applicable federal and state regulatory limitations.
WFBI: 21.52 (-0.12)
WashingtonFirst Bankshares acquires 1st Portfolio for undisclosed amount
M2 - Mon Aug 03, 5:44AM CDT
WashingtonFirst Bankshares Inc (Nasdaq:WFBI) has closed the acquisition of 1st Portfolio Holding Corporation (1st Portfolio) for an undisclosed amount, it revealed on Saturday.
WFBI: 21.52 (-0.12)
WashingtonFirst Bankshares, Inc. Completes Acquisition of 1st Portfolio Holding Corporation
BusinessWire - Fri Jul 31, 4:01PM CDT
WashingtonFirst Bankshares, Inc. (Nasdaq: WFBI), ("WashingtonFirst" , parent of WashingtonFirst Bank, today announced the completion of its previously reported acquisition of 1st Portfolio Holding Corporation ("1st Portfolio" .
WFBI: 21.52 (-0.12)
WashingtonFirst Bankshares, Inc. Reports 39% Increase in Earnings for the First Six Months of 2015
BusinessWire - Tue Jul 21, 4:22PM CDT
Today WashingtonFirst Bankshares, Inc. (NASDAQ: WFBI) (the "Company" , the holding company for WashingtonFirst Bank (the "Bank" , reports unaudited consolidated net income available to common shareholders for the three months ended June 30, 2015, of $2.7 million ($0.28 per diluted common share) compared to $2.4 million ($0.29 per diluted common share) for the three months ended June 30, 2014. For the six months ended June 30, 2015, net income available to common shareholders was $5.5 million ($0.57 per diluted common share) compared to $3.9 million ($0.48 per diluted common share) for the six months ended June 30, 2014. The Company's 39 percent increase in net income available to common shareholders for the six months ended June 30, 2015, compared to prior year is primarily the result of continued organic growth and the impact of the Millennium transaction which closed in the first quarter of 2014. Earnings in the second quarter of 2015 were negatively affected by merger expenses of $241,000, pre-tax, in connection with the previously announced acquisition of 1st Portfolio Holding Corporation. Per-share amounts have been adjusted to give retroactive effect to all stock dividends.
WFBI: 21.52 (-0.12)
WashingtonFirst Bankshares Inc. Declares 11th Consecutive Quarterly Cash Dividend
BusinessWire - Tue May 17, 3:41PM CDT
WashingtonFirst Bankshares, Inc. (the "Company"
(NASDAQ: WFBI) today announced that its Board of Directors declared a cash dividend of six cents ($0.06) per share payable on July 1, 2016, to stockholders of record as of June 10, 2016. The dividend payout will be approximately $731,000, on 12.2 million shares of voting and non-voting common stock. While the Company expects to continue to declare and pay quarterly cash dividends in the future, any such dividend would be at the discretion of the Board of Directors of the Company and would be subject to applicable federal and state regulatory limitations. WFBI: 21.52 (-0.12)
WashingtonFirst Bankshares, Inc. Reports 42% Growth and Record Earnings for Q1 2016
BusinessWire - Thu Apr 21, 3:05PM CDT
WashingtonFirst Bankshares, Inc. (NASDAQ: WFBI) (the "Company"
, announced today its consolidated net income of $3.9 million (or $0.32 per diluted common share) for the three months ended March 31, 2016, a 42.1% increase over the $2.8 million in net income (or $0.28 per diluted common share) for the three months ended March 31, 2015, and a 10.8% increase over the $3.5 million in net income (or $0.32 per diluted common share) for the prior quarter ended December 31, 2015. Additionally, the Company paid its 10th consecutive quarterly dividend of $0.06 on April 1, 2016. WFBI: 21.52 (-0.12)
WashingtonFirst Bank Announces the Opening of Its 19th Branch in Potomac, Maryland
BusinessWire - Mon Mar 28, 4:34PM CDT
WashingtonFirst Bank is pleased to announce the opening of its nineteenth branch in Potomac, Maryland. The Bank opened its newest branch on Monday, March 28, 2016, in the heart of Potomac at 9812 Falls Road, Suite 125, Potomac, Maryland. The Potomac branch expands the Bank's market reach into Maryland. A grand opening celebration will take place late Spring 2016.
WFBI: 21.52 (-0.12)
WashingtonFirst Bank Announces the Opening of Its 18th Branch in Alexandria, Virginia
BusinessWire - Mon Feb 08, 11:35AM CST
WashingtonFirst Bank is pleased to announce the opening of its eighteenth branch in Alexandria, Virginia. The Bank opened its newest branch on Monday, February 8, 2016, in the heart of Old Town Alexandria at 115 N. Washington Street, Alexandria, Virginia. The Alexandria branch expands the Bank's market reach into one of the oldest and most historic business communities in Virginia. A grand opening celebration will take place in the spring of 2016.
WFBI: 21.52 (-0.12)
BUYINS.NET: OLBK, WFBI, WBB, SCNB, Expected to Trade Higher After Bullish Insider Trading
M2 - Fri Feb 05, 7:52AM CST
BUYINS.NET / http://www.squeezetrigger.com is monitoring top insider trading patterns and these stocks are the most likely to trade Higher in the next 6 months. Old Line Bancshares Inc (NASDAQ:OLBK), WASHINGTONFIRST BANKSHARE (NASDAQ:WFBI), (NASDAQ:WBB), (NYSE:SCNB) are all expected to go Higher as Buy signals have been generated by top insider trading patterns.
WBB: 19.79 (-0.02), WFBI: 21.52 (-0.12), OLBK: 17.45 (-0.06), SCNB: 25.18 (+0.03)
WashingtonFirst Bankshares, Inc. Reports 32% Growth and Record Earnings for 2015
BusinessWire - Thu Jan 28, 7:56PM CST
WashingtonFirst Bankshares, Inc. (NASDAQ: WFBI) (the "Company"
, announced today its consolidated earnings of $3.5 million for the three months ended December 31, 2015, a 38.6 percent increase over the $2.6 million in net income for the three months ended December 31, 2014, and a 12.2 percent increase over the $3.1 million in net income for the prior quarter ended September 30, 2015. Results for the 4th quarter of 2015 included the full impact of the recently-acquired 1st Portfolio mortgage banking and wealth advisory services, as well as growth in our core commercial banking activities. WFBI: 21.52 (-0.12)
WashingtonFirst Bankshares, Inc. Extends Deadline of Its Previously Announced Exchange Offer
BusinessWire - Fri Jan 22, 7:30AM CST
WashingtonFirst Bankshares, Inc. (NASDAQ: WFBI) (the "Company"
today announced that it has extended its offer (the "Exchange Offer" to exchange up to $25,000,000 aggregate principal amount of its 6.00% Fixed-To-Floating Rate Subordinated Notes due 2025, which have been registered under the Securities Act of 1933, as amended (the "Registered Notes" , for an equal principal amount of its outstanding unregistered 6.00% Fixed-To-Floating Rate Subordinated Notes due 2025 (the "Unregistered Notes" . WFBI: 21.52 (-0.12)
WashingtonFirst Bankshares, Inc. Announces Closing of Public Offering of 1,655,000 Shares of Common Stock
BusinessWire - Tue Dec 08, 3:06PM CST
WashingtonFirst Bankshares, Inc. (NASDAQ: WFBI) (the "Company"
today announced the closing of an underwritten public offering of 1,655,000 shares of its voting common stock, which included 215,000 shares sold pursuant to the underwriters' exercise of their option to purchase additional shares, at a price of $20.00 per share to the public. The net proceeds to the Company, after deducting the underwriting discount and estimated offering expenses payable by the Company, were approximately $31.1 million. WFBI: 21.52 (-0.12)
WashingtonFirst Bankshares, Inc. Announces Pricing of Public Offering of 1,440,000 Shares of Common Stock
BusinessWire - Thu Dec 03, 8:00AM CST
WashingtonFirst Bankshares, Inc. (NASDAQ: WFBI) (the "Company"
today announced the pricing of an underwritten public offering of 1,440,000 shares of its voting common stock at a price of $20.00 per share to the public. The Company has granted the underwriters a 30-day option to purchase up to an additional 216,000 shares of common stock. All of the shares are being offered for sale by the Company. The net proceeds to the Company, after deducting the underwriting discount and estimated offering expenses payable by the Company, are expected to be approximately $27.0 million (or approximately $31.1 million if the underwriters exercise their option to purchase additional shares in full). Subject to customary closing conditions, the public offering is expected to close on December 8, 2015. WFBI: 21.52 (-0.12)
WashingtonFirst Bankshares, Inc. Announces Public Offering of 1,200,000 Shares of Common Stock
BusinessWire - Wed Dec 02, 3:05PM CST
WashingtonFirst Bankshares, Inc. (NASDAQ: WFBI) (the "Company"
today announced that it has commenced an underwritten public offering of 1,200,000 shares of its voting common stock. The Company intends to grant the underwriters a 30-day option to purchase up to an additional 15 percent of the shares of common stock sold pursuant to the offering. All of the shares are being offered for sale by the Company. WFBI: 21.52 (-0.12)
WashingtonFirst Bankshares Inc. Declares 9th Consecutive Quarterly Cash Dividend and Increases Amount to $0.06 Per Share
BusinessWire - Tue Nov 17, 3:10PM CST
WashingtonFirst Bankshares, Inc. (the "Company"
(NASDAQ: WFBI) today announced that its Board of Directors declared a cash dividend of six cents ($0.06) per share payable on January 4, 2016, to stockholders of record as of December 14, 2015. The dividend payout will be approximately $631,000, on 10.5 million shares of voting and non-voting common stock. Shaza Andersen, President & CEO of the Company, said, "We are excited to share the Company's continued success with our stockholders by declaring our 9th consecutive quarterly cash dividend and increasing the amount to $0.06 per share." While the Company expects to continue to declare and pay quarterly cash dividends in the future, any such dividend would be at the discretion of the Board of Directors of the Company and would be subject to applicable federal and state regulatory limitations. WFBI: 21.52 (-0.12)
WashingtonFirst Bankshares, Inc. Reports 28% Increase in Earnings for the First Nine Months of 2015
BusinessWire - Thu Oct 22, 3:19PM CDT
Today WashingtonFirst Bankshares, Inc. (NASDAQ: WFBI) (the "Company"
, the parent company of WashingtonFirst Bank (the "Bank" , announced its consolidated earnings for the third quarter ended September 30, 2015. For the three months ended September 30, 2015, the Company reported unaudited consolidated net income available to common shareholders of $3.1 million compared to $2.8 million for the three months ended September 30, 2014. For the nine months ended September 30, 2015, the Company earned net income of $8.6 million compared to $6.7 million for the nine months ended September 30, 2014, an increase of 28 percent. The growth in earnings is primarily the result of continued organic growth and the impact of the acquisition of 1st Portfolio Holding Corporation in July 2015. The Company incurred pre-tax merger expenses of $0.6 million in connection with the acquisition, which impacted earnings. WFBI: 21.52 (-0.12)
WashingtonFirst Bankshares announces payment of remaining USD8.9m preferred stock under SBLF
M2 - Wed Oct 07, 3:16AM CDT
WashingtonFirst Bankshares Inc (NASDAQ:WFBI) has paid off the remaining USD8.9m of preferred stock issued in connection with its participation in the Small Business Lending Fund (SBLF) issued in 2011, it reported on Wednesday.
WFBI: 21.52 (-0.12)
WashingtonFirst Bankshares, Inc. Pays Off SBLF, Increases Capital to Support Planned Growth
BusinessWire - Tue Oct 06, 3:28PM CDT
WashingtonFirst Bankshares, Inc. (the "Company"
(NASDAQ: WFBI) today announced that it has paid off the remaining $8.9 million of preferred stock issued in connection with the Company's participation in the Small Business Lending Fund ("SBLF" . The dividend rate on the SBLF preferred stock, which had remained constant at 1% since the preferred stock was issued in 2011, was scheduled to increase to 9% in February of 2016. WFBI: 21.52 (-0.12)
CORRECTING and REPLACING WashingtonFirst Bankshares Inc. Approves Quarterly Cash Dividend
BusinessWire - Wed Aug 19, 2:29PM CDT
Headline of release dated August 18, 2015, should read: WashingtonFirst Bankshares Inc. Approves Quarterly Cash Dividend (instead of WashingtonFirst Bankshares Inc. Increases Quarterly Cash Dividend).
WFBI: 21.52 (-0.12)
WashingtonFirst Bankshares announces higher quarterly dividend of USD0.05 per share
M2 - Wed Aug 19, 5:28AM CDT
The board of directors of WashingtonFirst Bankshares Inc (NASDAQ:WFBI) authorised a cash dividend of USD0.05 per share, the company reported on Wednesday.
WFBI: 21.52 (-0.12)
WashingtonFirst Bankshares Inc. Increases Quarterly Cash Dividend
BusinessWire - Tue Aug 18, 3:22PM CDT
WashingtonFirst Bankshares, Inc. (the "Company"
(NASDAQ: WFBI) today announced that its Board of Directors declared a cash dividend of five cents ($0.05) per share payable on October 1, 2015, to stockholders of record as of September 10, 2015. The dividend payout will be approximately $526,000, on 10.5 million shares of voting and non-voting common stock. While the Company expects to continue to declare and pay quarterly cash dividends in the future, any such dividend would be at the discretion of the Board of Directors of the Company and would be subject to applicable federal and state regulatory limitations. WFBI: 21.52 (-0.12)
WashingtonFirst Bankshares acquires 1st Portfolio for undisclosed amount
M2 - Mon Aug 03, 5:44AM CDT
WashingtonFirst Bankshares Inc (Nasdaq:WFBI) has closed the acquisition of 1st Portfolio Holding Corporation (1st Portfolio) for an undisclosed amount, it revealed on Saturday.
WFBI: 21.52 (-0.12)
WashingtonFirst Bankshares, Inc. Completes Acquisition of 1st Portfolio Holding Corporation
BusinessWire - Fri Jul 31, 4:01PM CDT
WashingtonFirst Bankshares, Inc. (Nasdaq: WFBI), ("WashingtonFirst"
, parent of WashingtonFirst Bank, today announced the completion of its previously reported acquisition of 1st Portfolio Holding Corporation ("1st Portfolio" . WFBI: 21.52 (-0.12)
WashingtonFirst Bankshares, Inc. Reports 39% Increase in Earnings for the First Six Months of 2015
BusinessWire - Tue Jul 21, 4:22PM CDT
Today WashingtonFirst Bankshares, Inc. (NASDAQ: WFBI) (the "Company"
, the holding company for WashingtonFirst Bank (the "Bank" , reports unaudited consolidated net income available to common shareholders for the three months ended June 30, 2015, of $2.7 million ($0.28 per diluted common share) compared to $2.4 million ($0.29 per diluted common share) for the three months ended June 30, 2014. For the six months ended June 30, 2015, net income available to common shareholders was $5.5 million ($0.57 per diluted common share) compared to $3.9 million ($0.48 per diluted common share) for the six months ended June 30, 2014. The Company's 39 percent increase in net income available to common shareholders for the six months ended June 30, 2015, compared to prior year is primarily the result of continued organic growth and the impact of the Millennium transaction which closed in the first quarter of 2014. Earnings in the second quarter of 2015 were negatively affected by merger expenses of $241,000, pre-tax, in connection with the previously announced acquisition of 1st Portfolio Holding Corporation. Per-share amounts have been adjusted to give retroactive effect to all stock dividends. WFBI: 21.52 (-0.12)
