The Executive VP of Eastern Virginia Bankshares (NASDAQ: EVBS) is Buying Shares

By Carrie Williams

Yesterday, the Executive VP of Eastern Virginia Bankshares (NASDAQ: EVBS), James Adam Sothen, bought shares of EVBS for $221.

In addition to James Adam Sothen, 10 other EVBS executives reported Buy trades in the last month.

Based on Eastern Virginia Bankshares’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $14.56 million and quarterly net profit of $1.43 million. In comparison, last year the company earned revenue of $13.73 million and had a net profit of $1.43 million. EVBS’s market cap is $116.9M and the company has a P/E ratio of 20.06. The company has a one year high of $9.64 and a one year low of $6.60.

The insider sentiment on Eastern Virginia Bankshares has been positive according to 66 insider trades in the past three months. This sentiment is higher than the average sentiment of company insiders in this sector.

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Eastern Virginia Bankshares, Inc. operates as a bank holding company, which engages in the provision of commercial financial services. Its products include checking and savings accounts, loans and credit, private banking, online and mobile banking, cash and debt management, and insurance services. The company was founded on September 5, 1997 and is headquartered in Tappahannock, VA.