Village Bank & Trust Financial Corp. - Understand $vbfc stock

$VBFC Market Cap: $116.3 Million

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Financial Snapshot

Revenue

$33.92M

TTM

Gross Margin

Net Earnings

$7.223M

TTM

Current Assets

Current Liabilities

$20.36M

Q3 2024

Current Ratio

Total Assets

$759.5M

Q3 2024

Total Liabilities

$685.3M

Q3 2024

Book Value

$74.20M

Q3 2024

Cash

$25.40M

Q3 2024

P/E

16.10

Nov 29, 2024 EST

Free Cash Flow

$10.44M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Revenue	$38.22M	$35.79M	$43.01M	$41.38M		$29.00M	$25.40M	$26.84M	$25.56M	$24.47M
YoY Change	6.81%	-16.8%	3.94%			14.17%	-5.35%	5.0%	4.48%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2018	2017	2016	2015	2014
Revenue	$38.22M	$35.79M	$43.01M	$41.38M	$29.00M	$25.40M	$26.84M	$25.56M	$24.47M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$604.0K	$546.0K	$582.0K	$586.0K	$640.0K	$724.0K	$742.0K	$765.0K	$843.0K	$681.0K	$1.311M	$1.370M	$1.420M	$1.310M	$1.250M	$800.0K	$670.0K	$480.0K	$330.0K	$340.0K	$260.0K
YoY Change	10.62%	-6.19%	-0.68%	-8.44%	-11.6%	-2.43%	-3.01%	-9.25%	23.79%	-48.05%	-4.31%	-3.52%	8.4%	4.8%	56.25%	19.4%	39.58%	45.45%	-2.94%	30.77%	44.44%
% of Gross Profit
Operating Expenses	$36.06M	$25.49M	$27.14M	$30.34M		$25.27M	$23.93M	$24.50M	$24.92M	$25.50M
YoY Change	41.45%	-6.07%	-10.56%			5.6%	-2.31%	-1.68%	-2.31%
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2018	2017	2016	2015	2014
Interest Expense	$7.986M	$1.781M	$2.172M	$4.433M	$3.908M	$2.721M	$2.609M	$2.867M	$3.560M
YoY Change	348.4%	-18.0%	-51.0%		43.62%	4.29%	-9.0%	-19.47%
% of Operating Profit
Other Income/Expense, Net	$9.648M	$8.546M	$8.359M	$8.729M	$7.996M	$7.605M	$8.988M	$9.648M	$10.09M
YoY Change	12.89%	2.24%	-4.24%		5.14%	-15.39%	-6.84%	-4.42%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Pretax Income	$2.165M	$10.30M	$15.87M	$11.04M	$5.640M	$3.730M	$1.471M	$2.341M	$646.0K	-$1.037M	-$4.010M	-$6.340M	-$12.25M	$2.140M	-$16.48M	$710.0K	$1.520M	$2.100M	$1.700M	$520.0K	$70.00K
YoY Change	-78.97%	-35.14%	43.79%	95.73%	51.21%	153.57%	-37.16%	262.38%	-162.3%	-74.14%	-36.75%	-48.24%	-672.43%	-112.99%	-2421.13%	-53.29%	-27.62%	23.53%	226.92%	642.86%	-121.21%
Income Tax	$247.0K	$1.990M	$3.420M	$2.485M	$1.160M	$693.0K	$4.567M	-$11.17M	$0.00	$0.00	$0.00	$4.060M	-$430.0K	$710.0K	-$3.880M	$240.0K	$520.0K	$700.0K	$470.0K	-$340.0K	$0.00
% Of Pretax Income	11.41%	19.33%	21.55%	22.51%	20.57%	18.58%	310.47%	-477.23%	0.0%					33.18%		33.8%	34.21%	33.33%	27.65%	-65.38%	0.0%
Net Earnings	$1.918M	$8.305M	$12.45M	$8.554M	$4.480M	$3.037M	-$3.096M	$13.51M	$646.0K	-$1.037M	-$4.007M	-$10.40M	-$11.82M	$1.430M	-$12.61M	$470.0K	$1.000M	$1.400M	$1.230M	$860.0K	$70.00K
YoY Change	-76.91%	-33.31%	45.58%	90.94%	47.51%	-198.09%	-122.91%	1991.8%	-162.3%	-74.12%	-61.47%	-12.01%	-926.57%	-111.34%	-2782.98%	-53.0%	-28.57%	13.82%	43.02%	1128.57%	-121.21%
Net Earnings / Revenue	5.02%	23.21%	28.95%	20.67%		10.47%	-12.19%	50.35%	2.53%	-4.24%
Basic Earnings Per Share	$1.29	$5.62	$8.48	$5.86		$2.04	-$2.55	$8.99	$5.65	-$7.39	-$18.06
Diluted Earnings Per Share	$1.29	$5.62	$8.48	$5.86	$3.090M	$2.04	-$2.55	$8.99	$5.49	-$7.39	-$18.06	-$38.52M	-$43.78M	$5.500M	-$48.50M	$2.474M	$5.882M	$9.333M	$9.462M	$7.167M	$636.4K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$12.58M	$12.85M	$12.60M	$12.70M	$13.10M	$12.50M	$13.00M	$12.80M	$13.70M	$14.30M	$12.40M	$25.80M	$26.80M	$27.40M	$27.80M	$28.20M	$19.20M	$11.70M	$7.200M	$6.200M	$6.100M
YoY Change	-2.1%	1.97%	-0.79%	-3.05%	4.8%	-3.85%	1.56%	-6.57%	-4.2%	15.32%	-51.94%	-3.73%	-2.19%	-1.44%	-1.42%	46.88%	64.1%	62.5%	16.13%	1.64%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$3.043M	$4.515M	$2.000M	$2.400M	$5.300M	$6.800M	$14.40M	$12.20M	$12.60M	$13.50M	$13.40M
YoY Change	-32.6%	125.75%	-16.67%	-54.72%	-22.06%	-52.78%	18.03%	-3.17%	-6.67%	0.75%
Total Long-Term Assets
YoY Change
Total Assets	$736.6M	$723.3M	$748.4M	$706.2M	$540.3M	$514.9M	$477.0M	$444.8M	$419.9M	$434.0M	$444.2M	$510.1M	$581.7M	$591.8M	$602.0M	$572.4M	$393.3M	$291.2M	$215.0M	$160.3M	$115.1M
YoY Change
Accounts Payable	$210.0K	$70.00K	$100.0K	$200.0K	$200.0K	$200.0K	$100.0K	$100.0K	$1.300M	$1.200M	$1.100M	$900.0K	$600.0K	$400.0K	$500.0K	$1.000M	$600.0K	$400.0K	$200.0K	$200.0K	$100.0K
YoY Change	200.0%	-30.0%	-50.0%	0.0%	0.0%	100.0%	0.0%	-92.31%	8.33%	9.09%	22.22%	50.0%	50.0%	-20.0%	-50.0%	66.67%	50.0%	100.0%	0.0%	100.0%
Accrued Expenses	$847.0K	$1.122M	$800.0K	$900.0K	$1.000M
YoY Change	-24.51%	40.25%	-11.11%	-10.0%
Deferred Revenue
YoY Change
Short-Term Debt	$45.00M	$20.00M	$0.00	$41.50M	$5.300M	$0.00	$1.600M	$100.0K	$500.0K	$3.300M	$2.700M	$4.900M	$5.800M	$4.200M	$14.80M	$24.00M	$4.000M	$700.0K	$500.0K	$800.0K	$800.0K
YoY Change	125.0%		-100.0%	683.02%		-100.0%	1500.0%	-80.0%	-84.85%	22.22%	-44.9%	-15.52%	38.1%	-71.62%	-38.33%	500.0%	471.43%	40.0%	-37.5%	0.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$46.06M	$1.192M	$900.0K	$1.100M	$1.200M	$200.0K	$100.0K	$100.0K	$1.300M	$1.200M	$1.100M	$900.0K	$600.0K	$400.0K	$500.0K	$1.000M	$600.0K	$400.0K	$200.0K	$200.0K	$100.0K
YoY Change	3763.84%	32.44%	-18.18%	-8.33%	500.0%	100.0%	0.0%	-92.31%	8.33%	9.09%	22.22%	50.0%	50.0%	-20.0%	-50.0%	66.67%	50.0%	100.0%	0.0%	100.0%
Long-Term Debt	$14.46M	$14.46M	$14.40M	$14.40M	$14.40M	$14.30M	$8.800M	$8.800M	$8.800M	$8.800M	$8.800M	$8.800M	$8.800M	$8.800M	$8.800M	$8.800M	$8.800M	$5.200M	$5.200M	$0.00	$0.00
YoY Change	0.06%	0.39%	0.0%	0.0%	0.7%	62.5%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	69.23%	0.0%
Other Long-Term Liabilities	$3.194M	$1.768M	$5.700M	$8.800M	$4.300M	$3.100M	$3.300M	$6.600M	$8.100M	$8.900M	$4.700M	$6.300M	$7.100M	$2.400M	$2.800M	$1.300M	$1.700M	$2.000M	$1.200M	$300.0K	$200.0K
YoY Change	80.66%	-68.98%	-35.23%	104.65%	38.71%	-6.06%	-50.0%	-18.52%	-8.99%	89.36%	-25.4%	-11.27%	195.83%	-14.29%	115.38%	-23.53%	-15.0%	66.67%	300.0%	50.0%
Total Long-Term Liabilities	$17.66M	$16.22M	$20.10M	$23.20M	$18.70M	$17.40M	$12.10M	$15.40M	$16.90M	$17.70M	$13.50M	$15.10M	$15.90M	$11.20M	$11.60M	$10.10M	$10.50M	$7.200M	$6.400M	$300.0K	$200.0K
YoY Change	8.84%	-19.28%	-13.36%	24.06%	7.47%	43.8%	-21.43%	-8.88%	-4.52%	31.11%	-10.6%	-5.03%	41.96%	-3.45%	14.85%	-3.81%	45.83%	12.5%	2033.33%	50.0%
Total Liabilities	$669.1M	$662.2M	$685.0M	$654.2M	$497.4M	$477.7M	$437.6M	$401.2M	$389.6M	$414.9M	$425.9M	$485.1M	$545.5M	$543.5M	$554.1M	$526.2M	$366.4M	$265.6M	$197.8M	$145.3M	$101.5M
YoY Change	1.04%	-3.33%	4.71%	31.52%	4.12%	9.16%	9.07%	2.98%	-6.1%	-2.58%	-12.2%	-11.07%	0.37%	-1.91%	5.3%	43.61%	37.95%	34.28%	36.13%	43.15%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2018	2017	2016	2015	2014	2013
Basic Shares Outstanding	1.486M	1.477M	1.468M	1.459M	1.433M	1.412M	1.421M shares	1.166M shares	334.0 shares	271.0 shares
Diluted Shares Outstanding	1.486M	1.477M	1.468M	1.459M	1.433M	1.412M	1.421M shares	1.201M shares	334.0 shares	271.0 shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $116.28 Million

About Village Bank & Trust Financial Corp.

Village Bank & Trust Financial Corp. is a bank holding company, which engages in the provision of banking and related financial services including checking, savings, and certificates of deposit, and commercial, real estate, and consumer loans. The company is headquartered in Midlothian, Virginia and currently employs 141 full-time employees. The company went IPO on 2000-10-31. The Bank is a full-service chartered community bank. The Bank has nine branch offices. The Bank offers a range of banking and related financial services, including checking, savings, certificates of deposit and other depository services, and commercial, real estate and consumer loans, primarily in the Richmond, Virginia and Williamsburg, Virginia metropolitan areas. The firm has two segments: traditional commercial banking and mortgage banking. The traditional commercial banking segment provides the mortgage banking segment with the short-term funds needed to originate mortgage loans through a warehouse line of credit and charges the mortgage banking segment interest based on the commercial banking segment’s cost of funds. The mortgage banking segment leases premises from the commercial banking segment.

Industry: State Commercial Banks Peers: BayFirst Financial Corp. PNC FINANCIAL SERVICES GROUP, INC. POTOMAC BANCSHARES INC