Virginia Commerce Bancorp (NASDAQ: VCBI) was upgraded by Zacks Investment Research from a “neutral” rating to an “outperform” rating in a report issued on Friday.
Virginia Commerce Bancorp, Inc. is the holding company for Virginia Commerce Bank (the Bank). The Company engages in a general commercial banking business through the Bank. The Bank provides a range of business and consumer banking services through twenty-eight branch offices, one residential mortgage office and one investment services office. The Bank serves the Northern Virginia suburbs of Washington, D.C., including Arlington, Fairfax, Fauquier, Loudoun, Prince William, Spotsylvania and Stafford Counties and the cities of Alexandria, Fairfax, Falls Church, Fredericksburg, Manassas and Manassas Park. The Bank’s customer base includes small-to-medium sized businesses including firms that have contracts with the United States government, associations, retailers and industrial businesses, professionals and their firms, business executives, investors and consumers.
Virginia Commerce Bancorp opened at 8.52 on Friday. Virginia Commerce Bancorp has a 52-week low of $5.35 and a 52-week high of $8.75. The stock has a 50-day moving average of $7.54 and a 200-day moving average of $6.40. The company has a market cap of $257.2 million and a price-to-earnings ratio of 13.25.