WashingtonFirst Bankshares Inc (WFBI) to Issue Quarterly Dividend of $0.07 on November 24th

WashingtonFirst Bankshares Inc (NASDAQ:WFBI) declared a quarterly dividend on Friday, November 10th, Wall Street Journal reports. Investors of record on Monday, November 20th will be paid a dividend of 0.07 per share by the bank on Friday, November 24th. This represents a $0.28 annualized dividend and a dividend yield of 0.85%. The ex-dividend date is Friday, November 17th.

WashingtonFirst Bankshares (WFBI) opened at $33.09 on Friday. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.00 and a quick ratio of 0.95. The stock has a market cap of $414.65, a PE ratio of 21.63 and a beta of 0.13. WashingtonFirst Bankshares has a 12 month low of $24.62 and a 12 month high of $37.19.

WashingtonFirst Bankshares (NASDAQ:WFBI) last issued its quarterly earnings results on Thursday, October 19th. The bank reported $0.41 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.41. The company had revenue of $23.40 million during the quarter, compared to analyst estimates of $24.98 million. WashingtonFirst Bankshares had a net margin of 19.00% and a return on equity of 18.37%. analysts anticipate that WashingtonFirst Bankshares will post 1.57 earnings per share for the current year.

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Separately, BidaskClub upgraded shares of WashingtonFirst Bankshares from a “sell” rating to a “hold” rating in a research note on Thursday, August 3rd.

In other WashingtonFirst Bankshares news, CFO Matthew R. Johnson sold 2,503 shares of the firm’s stock in a transaction dated Friday, September 15th. The shares were sold at an average price of $33.50, for a total transaction of $83,850.50. Following the completion of the sale, the chief financial officer now directly owns 67,055 shares in the company, valued at approximately $2,246,342.50. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 20.70% of the stock is currently owned by company insiders.

About WashingtonFirst Bankshares

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.

Dividend History for WashingtonFirst Bankshares (NASDAQ:WFBI)

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