BNET Industries

Virginia Commerce Bancorp Inc.

(VCBI) is in the Financial Services Industry

Market Cap:$107.8M

Last Fiscal Year Sales:$166.8M

Public
US

Dow Jones Description

At Virginia Commerce Bank, we take time to understand your needs in order to deliver personalized financial solutions for your short-term goals and life-long dreams. VCB will continue Making the Difference for you and your community. We're proud of our history at VCB and excited about our future for good reason: - Virginia Commerce Bank is a Virginia state-chartered, full-service community bank that is a wholly-owned subsidiary of Virginia Commerce Bancorp, Inc. We opened our first branch in 1988 in Arlington, Virginia, where we maintain our headquarters. VCB pursues a traditional community banking strategy, offering a full range of business and consumer banking services through our expanding network of branch offices, a residential mortgage office and an investment services office. - VCB has grown to become the largest bank headquartered in Northern Virginia and one of the largest banks headquartered in the Commonwealth of Virginia. - Our customers are treated to highly personalized and exceptional service. In addition to the residents in our communities, our customer focus includes small-to-medium sized businesses, government contractors, associations and non-profits, professionals and their firms and investors. - Our employees are proud corporate citizens, donating their time and talents volunteering for and supporting organizations throughout our market. ...

President and CEO

Peter A. Converse

Number of Employees 312

Contact Information

5350 Lee Hwy

Arlington, Virginia 22207

(703) 534-0700

Peer Companies

NAICS Code Commercial Banking: 522110

Recent Events

Virginia Commerce Bancorp appoints new board member

10/08/09 - Board Member - Entering - View Story
Virginia Commerce Bancorp Elects Kenneth Lehman to Board of

10/07/09 - Board Member - Entering - View Story
Virginia Commerce Slips To Loss In Q2 On Higher Loan-loss Provisions - Update

7/24/09 - Financial Announcement - View Story

News & Analysis

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virginia commerce bancorp inc. - All News and Analysis

Virginia Commerce Bancorp Inc. Q3 2009 Earnings Call Transcript

Seeking Alpha - 2009-10-27

Question-and-Answer SessionOperator Operator Instructions. One moment for our first question please. We do have a question from Sandler O'Neill. Your line is open. Avi Barak - Sandler O'Neill Couple of quick questions on credit, should we expect the provision to return to more of a second quarter like...

Tags: Preferred Stock, Call Transcript, Earnings, Virginia Commerce Bancorp Inc., Sales Strategy, Sales Force Management, Asset Management, Sales, Operational Planning, Business Operations, Seeking Alpha
Virginia Commerce Bancorp Increase. Q3 2008 Earnings Call Transcript

Seeking Alpha - 2008-10-23

Question-and-Answer SessionOperator Operator Instructions Our first question comes from [Gordon Beasley] from Generational Wealth. Gordon Beasley - Generational Wealth Hey, Peter, Randy. Just quickly addressing period end allowance for loan losses. If I read it right it is around $26 million versus MPAs and 90 day greater...

Tags: Commercial Real Estate, Call Transcript, Davenport & Co., Earnings, Real Estate, Financial Services, Business Operations, Seeking Alpha, Virginia Commerce Bancorp Inc.
Virginia Commerce Bancorp, Inc. Q2 2008 Earnings Call Transcript

Seeking Alpha - 2008-07-17

Question-and-Answer Session Operator Operator instructions Our first question comes from Allan Buck [ph]. Allan Buck Hey, guys. Wondering if you wouldn’t mind walking through what assumptions are going into your worst case scenario, a guidance on the asset quality front? Peter Converse This is Peter Converse....

Tags: Virginia Commerce Bancorp Inc.
Virginia Commerce Bancorp, Inc. Announces Securities Restructuring

- 2007-10-01

ARLINGTON, Va. -- Virginia Commerce Bancorp, Inc. (NASDAQ:VCBI), the parent company for Virginia Commerce Bank, announced today the completion of a restructuring of a portion of its securities portfolio whereby the Company sold $35.0 million of available-for-sale securities, with a weighted average yield of 3.72% and an average remaining term...

Tags: Commerce Bank N.A., Virginia Commerce Bancorp Inc.
Virginia Commerce Bancorp, Inc. Reports Director Resignation

- 2005-11-17

ARLINGTON, Va. -- Virginia Commerce Bancorp, Inc. (Nasdaq:VCBI), parent company of Virginia Commerce Bank (the "Bank"), reported that on November 16, 2005, Frank L. Cowles, Jr. resigned from his positions as an outside director of Virginia Commerce Bancorp, Inc. and its wholly owned subsidiary, Virginia Commerce Bank, in order to...

Tags: Commerce Bank N.A., Virginia Commerce Bancorp Inc.

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Decision Makers

Name (plus bio)	Position
Peter A. Converse	President and CEO
R. Anderson	Executive Vice President & Chief Lending Officer
Richard B. Anderson	Executive Vice President & Chief Lending Officer
William K. Beauchesne	Treasurer and Chief Financial Officer
John P. Perseo	Executive Vice President, Operations & Technology
Patricia M. Ostrander	Executive Vice President
Steven A. Reeder	Executive Vice President
Amy Nocera	Manager
Amy Tanner	Manager
Bill James	Manager
Charles Kapur	Manager
Dan Marks	Manager
Darlene McAllister	Manager
Debbie Richter	Manager
Diane Webster	Manager
Jennifer Whitesides	Manager
Keshaun Clark-Heflin	Manager
Kimberly Gideon	Manager
Laura Lawlor	Manager
Leah Day	Manager
Leslie Parker	Manager
Mansur Rahim	Manager
Margie Reeder	Manager
Matt Mitchell	Manager
Matthew Mitchell	Manager
Nancy Hong	Manager
Nicholas Paradise	Manager
Puneet Bhasin	Manager
Sasha Tabib	Manager
Shamsul Islam	Manager
Soo Yeo	Assistant Manager
Stacey Sim	Manager
Stephanie Lykins	Manager
Steven Blanco	Manager
Sunny Waite	Manager
Sylvana Mascarenhas	Manager
Tamara Mitchell	Manager
Tammy Freeman	Manager
Vanessa Quiroga	Manager
Robert H.L. Hommedieu	Secretary

Board of Directors

Name (plus bio)	Position
W. Douglas Fisher	Chairman of the Board
Arthur L. Walters	Vice Chairman of the Board
David M. Guernsey	Vice Chairman of the Board
Leonard Adler	Board of Directors
Michael G. Anzilotti	Board of Directors
Norris E. Mitchell	Board of Directors
Robert H. L'Hommedieu	Board of Directors

Organization	Position	Status
Virginia Commerce Bancorp, Inc.	President and CEO	Current
Virginia Commerce Bancorp, Inc.	Board of Directors	Current

Organization	Position	Status
Virginia Commerce Bancorp, Inc.	Executive Vice President & Chief Lending Officer	Current

Organization	Position	Status
Virginia Commerce Bancorp, Inc.	Executive Vice President & Chief Lending Officer	Current

Organization	Position	Status
Virginia Commerce Bancorp, Inc.	Treasurer and Chief Financial Officer	Current
Virginia Commerce Bancorp, Inc.	Executive Vice President	Current

Organization	Position	Status
Virginia Commerce Bancorp, Inc.	Executive Vice President, Operations & Technology	Current

Organization	Position	Status
Virginia Commerce Bancorp, Inc.	Executive Vice President	Current

Organization	Position	Status
Virginia Commerce Bancorp, Inc.	Executive Vice President	Current

Organization	Position	Status
Virginia Commerce Bancorp, Inc.	Manager	Current

Organization	Position	Status
Virginia Commerce Bancorp, Inc.	Manager	Current

Organization	Position	Status
Virginia Commerce Bancorp, Inc.	Manager	Current

Organization	Position	Status
Virginia Commerce Bancorp, Inc.	Manager	Current

Organization	Position	Status
Virginia Commerce Bancorp, Inc.	Manager	Current

Organization	Position	Status
Virginia Commerce Bancorp, Inc.	Manager	Current

Organization	Position	Status
Virginia Commerce Bancorp, Inc.	Manager	Current

Organization	Position	Status
Virginia Commerce Bancorp, Inc.	Manager	Current

Organization	Position	Status
Virginia Commerce Bancorp, Inc.	Manager	Current

Organization	Position	Status
Virginia Commerce Bancorp, Inc.	Manager	Current

Organization	Position	Status
Virginia Commerce Bancorp, Inc.	Manager	Current

Organization	Position	Status
Virginia Commerce Bancorp, Inc.	Manager	Current

Organization	Position	Status
Virginia Commerce Bancorp, Inc.	Manager	Current

Organization	Position	Status
Virginia Commerce Bancorp, Inc.	Manager	Current

Organization	Position	Status
Virginia Commerce Bancorp, Inc.	Manager	Current

Organization	Position	Status
Virginia Commerce Bancorp, Inc.	Manager	Current

Organization	Position	Status
Virginia Commerce Bancorp, Inc.	Manager	Current

Organization	Position	Status
Virginia Commerce Bancorp, Inc.	Manager	Current

Organization	Position	Status
Virginia Commerce Bancorp, Inc.	Manager	Current

Organization	Position	Status
Virginia Commerce Bancorp, Inc.	Manager	Current

Organization	Position	Status
Virginia Commerce Bancorp, Inc.	Manager	Current

Organization	Position	Status
Virginia Commerce Bancorp, Inc.	Manager	Current

Organization	Position	Status
Virginia Commerce Bancorp, Inc.	Manager	Current

Organization	Position	Status
Virginia Commerce Bancorp, Inc.	Assistant Manager	Current

Organization	Position	Status
Virginia Commerce Bancorp, Inc.	Manager	Current

Organization	Position	Status
Virginia Commerce Bancorp, Inc.	Manager	Current

Organization	Position	Status
Virginia Commerce Bancorp, Inc.	Manager	Current

Organization	Position	Status
Virginia Commerce Bancorp, Inc.	Manager	Current

Organization	Position	Status
Virginia Commerce Bancorp, Inc.	Manager	Current

Organization	Position	Status
Virginia Commerce Bancorp, Inc.	Manager	Current

Organization	Position	Status
Virginia Commerce Bancorp, Inc.	Manager	Current

Organization	Position	Status
Virginia Commerce Bancorp, Inc.	Manager	Current

Organization	Position	Status
Virginia Commerce Bancorp, Inc.	Secretary	Current
Virginia Commerce Bancorp, Inc.	Chairman	Current

Organization	Position	Status
Virginia Commerce Bancorp, Inc.	Chairman of the Board	Current
Virginia Commerce Bancorp, Inc.	Board of Directors	Former

Organization	Position	Status
Virginia Commerce Bancorp, Inc.	Vice Chairman of the Board	Current
Virginia Commerce Bancorp, Inc.	Board of Directors	Former

Organization	Position	Status
Guernsey Office Products Inc.	CEO	Current
Guernsey Office Products Inc.	President	Current
Virginia Commerce Bancorp, Inc.	Vice Chairman of the Board	Current
Parker Chandler Homes, Inc	Board of Directors	Current
Virginia Commerce Bank	Vice Chairman	Current
Fairfax County Public Library Foundation, Inc	Board of Directors	Current
Virginia Commerce Bank	Director	Current
Comstock Homebuilding Companies, Inc.	Board of Directors	Current

Organization	Position	Status
Virginia Commerce Bancorp, Inc.	Board of Directors	Current

Organization	Position	Status
Virginia Commerce Bancorp, Inc.	Board of Directors	Current
Virginia Commerce Bancorp, Inc.	Director and President	Former

Organization	Position	Status
Virginia Commerce Bancorp, Inc.	Board of Directors	Current

Organization	Position	Status
Virginia Commerce Bancorp, Inc.	Board of Directors	Current

VCBI $4.04 -0.01 (-0.25% )

Intraday

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3 Month

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6 Month

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1 Year

Average Volume	19,671
Shares Outstanding	26.69M
Market Cap	107.8M
Year High	6.18
Year Low	2.27
Earnings Per Share	-0.22
P/E Ratio	-18.36
Dividend	N/A
Yield	N/A

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Glass Door

Virginia Commerce Bancorp

CEO Rating

Peter A. Converse

CEO and Director; President and CEO, Virginia Commerce Bank

100% Approve

Employer Rating

“Very Satisfied!” 4.0

Employee Reviews

IndustryTop Rated

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