Cordia
Bancorp Inc. (BVA) is a bank holding company that primarily operates
through its subsidiary, Bank of Virginia. Bank of Virginia is a
full-service bank that provides various banking products and services
to individuals, small businesses, and commercial clients in Virginia.
The bank's offerings include personal and business banking
services, such as checking and savings accounts, loans, credit cards,
online banking, and mobile banking. Additionally, Bank of Virginia
provides investment services, insurance products, and wealth
management services through its subsidiary, Cordia Financial Services.
As of September 2021, Cordia Bancorp had total assets of
approximately $567 million and total deposits of approximately $490
million. The company operates through eight branches located
throughout Central Virginia.
In terms of financial performance,
Cordia Bancorp has delivered steady growth in recent years, with a
focus on expanding its market share and providing high-quality banking
services to its customers. The company's management team has a strong
track record of strategic planning and execution, and the bank has
received high marks for customer service and satisfaction.
Investors should keep in mind that like all bank holding companies,
Cordia Bancorp is subject to regulatory oversight and potential
changes in interest rates and economic conditions, which can impact
its financial performance. Additionally, the stock's performance can
be impacted by broader market trends and investor sentiment. Investors
should carefully consider their investment objectives and risk
tolerance before investing in BVA or any other bank holdi
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