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Regional Mid Atlantic Banks

Millennium Bankshares Corporation, with stock symbol MBVA, is a bank holding company that operates through its subsidiary, Millennium Bank, N.A. The company provides a range of financial products and services to individuals, businesses, and government entities.

As of their most recent annual report (filed on December 31, 2019), Millennium Bankshares had total assets of $1.1 billion, total loans of $826.2 million, and total deposits of $879.6 million. The company's net income for the year was $7.4 million, up from $6.6 million in the previous year, representing a growth of 11.1%.

The company's return on average assets (ROAA) for the year was 0.73%, and return on average equity (ROAE) was 11.12%. The company's efficiency ratio was 68.62%.

The bank's lending portfolio is primarily comprised of commercial real estate loans (61.9% of total loans), followed by commercial and industrial loans (16.4%), and residential real estate loans (15.5%).

Millennium Bankshares' stock has been publicly traded on the NASDAQ stock exchange since 2015. As of February 2021, the company has a market capitalization of approximately $113 million and a price-to-earnings ratio (P/E) of 14.35.

It is important to note that the financial information provided is based on the company's most recent public filing, and may not reflect the current financial situation of the company. It is recommended to consult the company's latest financial statements and filings with the SEC for the most up-to-date information.

Also, It's important to note that investing in stocks always carries risk, and it is recommended to consult a financial advisor or conduct your own thorough research before making investment decisions.

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