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Hampton Roads Bankshares Inc

Hampton Roads Bankshares, Inc. (HMPR) is a bank holding company headquartered in Norfolk, Virginia. The company operates through its subsidiary, Bank of Hampton Roads, which provides a range of financial services to individuals, businesses, and public institutions in the Mid-Atlantic region of the United States. This region includes Virginia, North Carolina, and Maryland.

Here is some general information about HMPR, with a focus on its earnings, growth, and other relevant factors:

Earnings:

* For the full year 2021, HMPR reported net income of $29.1 million, or $1.15 per diluted share, compared to $18.2 million, or $0.73 per diluted share, for the full year 2020.

* This represents a year-over-year increase in earnings per share of 57.5%.

Growth:

* As of December 31, 2021, HMPR had total assets of $3.1 billion, an increase of 15.5% compared to the prior year.

* The company's total loans and leases stood at $2.3 billion as of December 31, 2021, an increase of 16.5% compared to the prior year.

* HMPR's total deposits were $2.6 billion as of December 31, 2021, an increase of 14.2% compared to the prior year.

Other relevant factors:

* HMPR's return on average assets (ROAA) was 0.81% for the full year 2021, compared to 0.50% for the full year 2020.

* The company's return on average equity (ROAE) was 7.57% for the full year 2021, compared to 4.53% for the full year 2020.

* HMPR's efficiency ratio was 62.5% for the full year 2021, compared to 66.8% for the full year 2020. A lower efficiency ratio indicates a more profitable bank.

* As of December 31, 2021, HMPR had a tier 1 leverage ratio of 11.2%, which is well above the regulatory minimum of 5.0%.

In summary, Hampton Roads Bankshares, Inc. (HMPR) has reported strong earnings growth in 2021, with a significant increase in net income and earnings per share. The company has also experienced solid growth in total assets, loans and leases, and deposits, and has achieved improved returns and a lower efficiency ratio. HMPR's financial position appears strong, with a solid capital position and a favorable leverage ratio. Overall, HMPR's financial performance has been positive and the company appears well-positioned for continued growth and success. It is always recommended to do your own research, consider seeking advice from a financial advisor or investment professional, and consider the risks involved in stock trading before making any investment decisions.