Village Bank and Trust Financial Corp. (NASDAQ:VBFC) major shareholder Kenneth R. Lehman purchased 88,781 shares of the company’s stock in a transaction dated Friday, November 2nd. The shares were acquired at an average price of $34.76 per share, for a total transaction of $3,086,027.56. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.
Shares of VBFC opened at $34.90 on Wednesday. Village Bank and Trust Financial Corp. has a 12 month low of $27.15 and a 12 month high of $35.00. The company has a current ratio of 0.99, a quick ratio of 0.97 and a debt-to-equity ratio of 1.02.
Village Bank and Trust Financial (NASDAQ:VBFC) last announced its quarterly earnings results on Tuesday, August 14th. The financial services provider reported $0.45 EPS for the quarter. Village Bank and Trust Financial had a negative net margin of 10.36% and a negative return on equity of 7.34%. The company had revenue of $5.90 million for the quarter.
Separately, TheStreet lowered shares of Village Bank and Trust Financial from a “b-” rating to a “c” rating in a research note on Friday, October 5th.
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About Village Bank and Trust Financial
Village Bank and Trust Financial Corp. operates as the bank holding company for Village Bank that provides banking and related financial services to small and medium sized businesses, professionals, and individuals. The company operates in two segments, Traditional Commercial Banking and Mortgage Banking.
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