Insider Purchaseing: Village Bank and Trust Financial Corp. (VBFC) Major Shareholder Purchased 88,781 Shares of Shares

Insider Purchaseing: Village Bank and Trust Financial Corp. (VBFC) Major Shareholder Purchased 88,781 Shares of Shares

Village Bank and Trust Financial Corp. (NASDAQ:VBFC) major shareholder Kenneth R. Lehman acquired 88,781 shares of the company’s stock in a transaction that occurred on Friday, November 2nd. The shares were acquired at an average cost of $34.76 per share, with a total value of $3,086,027.56. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

NASDAQ:VBFC opened at $34.46 on Tuesday. Village Bank and Trust Financial Corp. has a 52-week low of $27.15 and a 52-week 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 posted its quarterly earnings data on Tuesday, August 14th. The financial services provider reported $0.45 earnings per share (EPS) for the quarter. The company had revenue of $5.90 million during the quarter. Village Bank and Trust Financial had a negative return on equity of 7.34% and a negative net margin of 10.36%.

Separately, TheStreet lowered Village Bank and Trust Financial from a “b-” rating to a “c” rating in a research note on Friday, October 5th.

Village Bank and Trust Financial Company Profile

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.

Read More: Earnings Per Share (EPS)

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