Washington Banking Company (WBCO) news stock charts
Washington Banking Company (WBCO) Investment Summary:
Washington Banking Company (the “Company”) was formed on April 30, 1996 and is a registered bank holding company whose primary business is conducted by its wholly-owned subsidiary, Whidbey Island Bank (the “Bank”). The business of the Bank, which is focused in the northern area of Western Washington, consists primarily of attracting deposits from the general public and originating loans. The Company and the Bank have formed several subsidiaries for various purposes as follows: Whidbey Island Bank is a Washington state-chartered bank that conducts a full-service community commercial banking business. The Bank also offers nondeposit managed investment products and services, which are not Federal Deposit Insurance Corporation (“FDIC”) insured. These programs are provided through the investment advisory companies Elliott Cove Capital Management LLC and DFC Services & DFC Insurance Services. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f13%2f0000950134-08-004745.html#FIS_BUSINESS"www.wibank.com
Founded in 1961
WASHINGTON BANKING CO (WBCO:NASDAQ)
LAST $12.05 USD
CHANGE TODAY +0.27 2.29%
VOLUME 35.3K
As of 8:10 PM 03/19/10 All times are local (Market data is delayed by at least 15 minutes).
Snapshot of WASHINGTON BANKING CO (WBCO)
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OPEN
$11.87
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PREVIOUS CLOSE
$11.78
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DAY HIGH
$12.15
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DAY LOW
$11.60
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52 WEEK HIGH
12/14/09 - $12.77
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52 WEEK LOW
03/20/09 - $6.15
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MARKET CAP
184.4M
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AVERAGE VOLUME 10 D
27.5K
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EPS TTM
$0.49
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SHARES OUTSTANDING
15.3M
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EX-DATE
02/8/10
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P/E TTM
24.6x
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DIVIDEND
$0.10
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DIVIDEND YIELD
1.16%
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| K = Thousands M = Millions B = Billions | ||
Key developments for WASHINGTON BANKING CO (WBCO)
Washington Banking Co. Elects Robert T. Severns as New Director
03/2/2010
Washington Banking Co. announced that it elected Robert T. Severns to serve on its Board of Directors. Severns was appointed to the Company's Audit Committee.
WB Seeks Acquisitions
01/29/2010
Washington Banking Co. (WB), which has raised $49 million, is looking for acquisitions. President and CEO of WB, Jack Wagner said, The additional capital is a key component to our 2010 strategic plan. It provides us the ability to grow through acquisitions and to expand our already strong franchise with the addition of key personnel and valued banking relationships throughout our market. Additionally, he stated, we will be using these funds to grow our loan portfolio over the next few years, and at some time we will be paying back the government. We are actively involved in reviewing FDIC [assistant] acquisition opportunities as they arise. Generally our interests are for institutions with assets up to about $1 billion, and in western Washington. We'd like to acquire a bank that is culturally compatible with ours, and of course, the numbers will have to pencil out. We did take a look at the FDIC offering on Horizon Bank. After much consideration, we decided not to submit a bid. We expect to see additional opportunities for FDIC assisted deals, and we fully intend to participate if and when they come up.
Washington Banking Declares Quarterly Dividend Payable on February 10, 2010
01/28/2010
Washington Banking Co. announced that its board of directors declared a regular cash dividend of $0.025 per common share. The dividend is payable February 26, to common shareholders of record on February 10, 2010.
Washington Banking Company financial resources
WBCO Competitors
| Company | Last | Change | |
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| Market data is delayed at least 15 minutes. | |||
Industry Analysis
| Valuation | WBCO | Industry Range |
| Price/Earnings | 25.6x |
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| Price/Sales | 3.6x |
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| Price/Book | 1.3x |
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| Price/Cash Flow | 29.0x |
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| TEV/Sales | 0.5x |
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WBCO |
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WBCO transactions
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| No transactions in the last 6 months. | ||
More Recent Financial News About Washington Banking Company
Senior Analyst Sees Banking Opportunities In Regions With Most Overbought Real Estate And Our Now Showing Signs Of Recovery; Read On For His Analysis
2010-03-16 01:26:15
Quote: Read article
Washington Banking Co. Elects New Director
2010-03-09 02:26:44
Quote: Severns was also elected to serve on the board of Whidbey Island Bank, the Company's wholly-owned subsidiary."Bob is extremely involved in the community and has developed a great reputation among local business people," stated Tony Pickering, Chairman of the Board for Washington Banking Company. "His considerable amount of experience as a director makes Bob an ideal candidate to represent our shareholders and we are very pleased to have him join our Board." Pickering advised that Severns was app...Read article
WASHINGTON BANKING CO Files SEC form 8-K, Change in Directors or Principal Officers
2010-03-04 01:37:42
Quote: WASHINGTON BANKING CORequest a Trial to NEW EDGAR Online Pro
Form
8-K for
WASHINGTON BANKING CO
3-Mar-2010Change in Directors or Principal OfficersPrivacy PolicyAbout Our AdsTerms of ServiceCopyright/IP PolicySend FeedbackSEC
Filing data and information provided by EDGAR Online,
Inc.
(1-800-416-6651). All information provided "as is"
for informational purposes
only, not intended for trading purposes or advice.
Neither Yahoo! nor any of
independent providers is liable for any informational
errors...Read article
Washington Banking Co. Elects New Director
2010-03-03 02:05:14
Quote: Severns was also elected to serve on the board of Whidbey Island Bank, the Company's wholly-owned subsidiary."Bob is extremely involved in the community and has developed a great reputation among local business people," stated Tony Pickering, Chairman of the Board for Washington Banking Company. "His considerable amount of experience as a director makes Bob an ideal candidate to represent our shareholders and we are very pleased to have him join our Board." Pickering advised that Severns was app...Read article
Washington Banking Company Earns $1.7 Million in 4Q09 and $6.2 Million in 2009; Assets Top $1 Billion
2010-02-25 09:31:13
Quote: Washington Banking earned $1.7 million in the fourth quarter of 2009, compared to $1.7 million for the fourth quarter a year ago. Net income available to common shareholders totaled $1.3 million, or $0.11 per diluted share, in the fourth quarter of 2009, compared to $1.3 million, or $0.13 per diluted common share, in the preceding quarter, and $1.7 million, or $0.18 per diluted common share, in the fourth quarter a year ago.For the year, Washington Banking's net income available to common shareh...Read article
Washington Banking Declares Quarterly Dividend
2010-02-25 09:31:08
Quote: WBCONewsth consecutive quarter that Washington Banking has paid a cash dividend to its shareholders. The dividend is payable February 26, to common shareholders of record on February 10, 2010. "Washington Banking Company continues to post positive earnings and is one of the best performing banks in the region," said Jack Wagner, President and CEO. Today, Washington Banking reported fourth quarter 2009 income available to common shareholders was $1.3 million or $0.11 per diluted common share, com...Read article
Washington Banking Company Earns $1.7 Million in 4Q09 and $6.2 Million in 2009; Assets Top $1 Billion
2010-02-01 03:39:40
Quote: WBCONews), the holding company for Whidbey Island Bank, today reported that its strong capital ratios, stable credit quality and healthy core deposit growth contributed to another profitable quarter. Washington Banking earned $1.7 million in the fourth quarter of 2009, compared to $1.7 million for the fourth quarter a year ago. Net income available to common shareholders totaled $1.3 million, or $0.11 per diluted share, in the fourth quarter of 2009, compared to $1.3 million, or $0.13 per ...Read article
Washington Banking Declares Quarterly Dividend
2010-02-01 03:39:39
Quote: WBCONewsth consecutive quarter that Washington Banking has paid a cash dividend to its shareholders. The dividend is payable February 26, to common shareholders of record on February 10, 2010. “Washington Banking Company continues to post positive earnings and is one of the best performing banks in the region,†said Jack Wagner, President and CEO. Today, Washington Banking reported fourth quarter 2009 income available to common shareholders was $1.3 million or $0.11 per dilu...Read article
WASHINGTON BANKING CO Files SEC form 8-K, Results of Operations and Financial Condition, Other Events, Financial Stat
2010-02-01 03:39:38
Quote: WASHINGTON BANKING CORequest a Trial to NEW EDGAR Online Pro
Form
8-K for
WASHINGTON BANKING CO
29-Jan-2010Results of Operations and Financial Condition, Other Events, Financial Stat
Privacy PolicyAbout Our AdsTerms of ServiceCopyright/IP PolicySend FeedbackSEC
Filing data and information provided by EDGAR Online,
Inc.
(1-800-416-6651). All information provided "as is"
for informational purposes
only, not intended for trading purposes or advice.
Neither Yahoo! nor any of
independent providers i...Read article
Washington Banking Announces Pricing of $45 Million Public Offering of Common Stock
2010-01-29 01:22:59
Quote: The shares are being issued pursuant to a prospectus supplement to the prospectus filed as a part of Washington Banking Company's effective shelf-registration statement on Form S-3 (File No. 333-161738).
This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the secur...Read article
Washington Banking Announces Underwriters' Exercise of Over-Allotment Option
2010-01-29 01:22:58
Quote: WBCONews), the holding company for Whidbey Island Bank, today announced that the underwriters for the recently completed public offering of Washington Banking common stock have exercised in full their over-allotment option to purchase an additional 750,000 shares of Washington Banking common stock.
A total of 5,750,000 shares of Washington Banking common stock were publicly offered and sold in the offering at a price of $9.00 per share, after giving effect to the sale of the shares being sold p...Read article
Washington Banking Announces Fourth Quarter 2009 Conference Call and Webcast
2010-01-29 01:22:53
Quote: Shortly after the call concludes, the replay will also be available at (303) 590-3030, using access code #4194489, where it will be archived for ninety days.
ABOUT WASHINGTON BANKING COMPANY
Washington Banking Company is a bank holding company based in Oak Harbor, Washington, that operates Whidbey Island Bank, a state-chartered full-service commercial bank. Founded in 1961, Whidbey Island Bank provides various deposit, loan and investment services to meet customers' financial needs. Whidbey Is...Read article
Q4 2009 Washington Banking Co. Earnings Release - After Market Close
2010-01-29 01:22:52
Quote: Read article
Washington Banking Company Earns $1.7 Million in 4Q09 and $6.2 Million in 2009; Assets Top $1 Billion
2010-01-29 01:22:51
Quote: WBCONews), the holding company for Whidbey Island Bank, today reported that its strong capital ratios, stable credit quality and healthy core deposit growth contributed to another profitable quarter. Washington Banking earned $1.7 million in the fourth quarter of 2009, compared to $1.7 million for the fourth quarter a year ago. Net income available to common shareholders totaled $1.3 million, or $0.11 per diluted share, in the fourth quarter of 2009, compared to $1.3 million, or $0.13 per ...Read article
Washington Banking Declares Quarterly Dividend
2010-01-29 01:22:50
Quote: WBCONewsth consecutive quarter that Washington Banking has paid a cash dividend to its shareholders. The dividend is payable February 26, to common shareholders of record on February 10, 2010. “Washington Banking Company continues to post positive earnings and is one of the best performing banks in the region,†said Jack Wagner, President and CEO. Today, Washington Banking reported fourth quarter 2009 income available to common shareholders was $1.3 million or $0.11 per dilu...Read article
Washington Banking Announces Fourth Quarter 2009 Conference Call and Webcast
2010-01-05 03:02:44
Quote: Shortly after the call concludes, the replay will also be available at (303) 590-3030, using access code #4194489, where it will be archived for ninety days.
ABOUT WASHINGTON BANKING COMPANY
Washington Banking Company is a bank holding company based in Oak Harbor, Washington, that operates Whidbey Island Bank, a state-chartered full-service commercial bank. Founded in 1961, Whidbey Island Bank provides various deposit, loan and investment services to meet customers' financial needs. Whidbey Is...Read article
Washington Banking Announces Underwriters' Exercise of Over-Allotment Option
2009-12-01 03:00:33
Quote: WBCONews), the holding company for Whidbey Island Bank, today announced that the underwriters for the recently completed public offering of Washington Banking common stock have exercised in full their over-allotment option to purchase an additional 750,000 shares of Washington Banking common stock.
A total of 5,750,000 shares of Washington Banking common stock were publicly offered and sold in the offering at a price of $9.00 per share, after giving effect to the sale of the shares being sold p...Read article
WASHINGTON BANKING CO Files SEC form 8-K, Other Events, Financial Statements and Exhibits
2009-12-01 03:00:32
Quote: WASHINGTON BANKING CORequest a Trial to NEW EDGAR Online Pro
Form
8-K for
WASHINGTON BANKING CO
30-Nov-2009Other Events, Financial Statements and Exhibits
Privacy PolicyTerms of ServiceCopyright/IP PolicySend FeedbackSEC
Filing data and information provided by EDGAR Online,
Inc.
(1-800-416-6651). All information provided "as is"
for informational purposes
only, not intended for trading purposes or advice.
Neither Yahoo! nor any of
independent providers is liable for any informational
errors, inc...Read article
WASHINGTON BANKING CO Files SEC form 10-Q, Quarterly Report
2009-11-27 22:39:36
Quote: These
forward-looking statements describe Washington Banking Company's (the "Company")
management's expectations regarding future events and developments such as
future operating results, growth in loans and deposits, credit quality and
adequacy of the allowance for loan losses, and continued success of the
Company's business plan. Readers should not place undue reliance on
forward-looking statements, which reflect management's views only as of the date
hereof. The words "will,&qu...Read article
Washington Banking Declares 46th Consecutive Quarterly Dividend
2009-11-27 22:39:36
Quote: Washington Banking has paid a quarterly cash dividend since its 1998 initial public offering.
"With continuing strong capital and solid earnings, Washington Banking is one of the best performing banks in the region," said Jack Wagner, President and CEO. "We are pleased to be able to maintain our dividend to common shareholders." Today, Washington Banking reported third quarter income available to common shareholders was $1.3 million or $0.13 per diluted common share, up from $818,000 or $0.09 p...Read article
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