P/B is: 0.92
ESXB is currently selling 8% below TBV...nice...it remains on-sale!
The national average of Price to Tangible Book Value for banks like ESXB with $1.15 Billion in assets that are in solid financial condition is 1.42. For ALL banks operating in the state of Virginia the average P/TBV is 1.08. This tells investors that this bank could easily be selling at market between $5.09 on the low end and $6.70 on the high end. Either way this bank has very good headroom for investors to look forward too. If this bank were to be acquired I would expect it to be bought at a premium to TBV.
http://ih.advfn.com/p.php?pid=nmona&article=65296315
Marker:
Community Bankers Trust Corp. (ESXB)
$ 4.34 0.00 (0.00%)
Volume: 19,806
Onward and upward...good luck!
If liabilities are greater than assets, the business is insolvent. Knowing the structure of those liabilities is where to make your money. -- EI2010
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