United Bankshares, Inc. (United) (NASDAQ: UBSI), the parent company of United Bank, announced the completion of its acquisition of Community Bankers Trust Corporation (Community Bankers Trust) (NASDAQ: ESXB), the parent company of Essex Bank with $1.7 billion in assets, headquartered in the greater Richmond region. United now has approximately $29 billion in assets, with nearly 250
RICHMOND, Va., Nov. 19, 2021 /PRNewswire/ -- Community Bankers Trust Corporation (NASDAQ: ESXB), the holding company for Essex Bank, announced today that its Board of Directors has declared a special dividend of $0.0442 per share with respect to the Company''s outstanding common stock. The…
United Bankshares, Inc. to Acquire Community Bankers Trust Corporation Business Wire
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (KSF) are investigating the proposed sale of Community Bankers Trust Corporation (NasdaqGS: ESXB) to United Bankshares, Inc. (NasdaqGS: UBSI). Under the terms of the proposed transaction, shareholders of Community will receive only 0.3173 shares of United for each share of Community that they own. KSF is seeking to determine whether this consideration an
In todays top news in digital-first banking, Mexicos Prosa is looking for a buyer that will pony up more than $1 billion, while United Bankshares has struck a merger agreement with Community Bankers Trust. Plus, The European Central Bank (ECB) says that the advent of a digital version of the euro could strengthen the currencys standing. []
United Bankshares, the parent company of United Bank, has entered into a merger agreement with Community Bankers Trust, the parent company of Essex Bank, the companies announced in a Thursday (June 3) press release. Under the agreement, the combined organization will be worth around $29 billion. It will be the 38th largest banking company in the []
NEW YORK, June 03, 2021 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, has launched an investigation into whether the board members of Community Bankers Trust Corporation (NASDAQ: ESXB ) breached their fiduciary duties or violated the federal securities laws in connection with the company''s merger with United Bankshares, Inc. (NASDAQ: UBSI ). Click here to learn more and participate in the action. On June 3, 2021, Community Bankers Trust announced that it had signed an agreement to merge with United for approximately $303.3 million. Pursuant to the merger agreement, Community Bankers Trust Full story available on Benzinga.com
WILMINGTON, Del., June 03, 2021 (GLOBE NEWSWIRE) -- Rigrodsky Law, P.A. announces that it is investigating Community Bankers Trust Corporation ("Community Bankers") (NASDAQ GS: ESXB ) regarding possible breaches of fiduciary duties and other violations of law related to Community Bankers'' agreement to be acquired by United Bankshares, Inc. ("United Bankshares") (NASDAQ GS: Full story available on Benzinga.com
NEW YORK, June 03, 2021 (GLOBE NEWSWIRE) -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Community Bankers Trust Corporation (Community Bankers or the Company) (NASDAQ: ESXB) in connection with the proposed acquisition of the Company by United Bankshares, Inc. (United) (NASDAQ: UBSI). Under the terms of the merger agreement, United will acquire 100% of the outstanding shares of Community Bankers in exchange for common shares of United. The exchange ratio will be fixed at 0.3173 of United''s shares for each share of Community Bankers, representing implied per-share merger consideration of approximately $13.06 based upon Uniteds June 2, 2021 closing price of $41.15. The transaction is valued at approximately $303.3 million.
MILWAUKEE, June 3, 2021 /PRNewswire/ -- Ademi LLP is investigating Community Bankers Trust (Nasdaq: ESXB) for possible breaches of fiduciary duty and other violations of law in its transaction with United Bankshares.
Midway through trading Thursday, the Dow traded up 0.07% to 34,623.16 while the NASDAQ fell 0.55% to 13,680.32. The SP also fell, dropping 0.14% to 4,202.12. The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 33,307,940 cases with around 595,830 deaths. India confirmed a total of at least
Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Community Bankers Trust Corporation (NASDAQ: ESXB) to United Bankshares, Inc. is fair to Community Bankers shareholders. Pursuant to the merger agreement, Community Bankers shareholders will receive a fixed exchange ratio of 0.3173 United shares for each share of Community Bankers they own. Halper Sadeh
RICHMOND, Va. , April 22, 2021 /PRNewswire/ -- Community Bankers Trust Corporation (NASDAQ: ESXB ), the holding company for Essex Bank, announced today that it will release its financial results for the first quarter of 2021 on Friday, April 30, 2021 , before the market opens. … Full story available on Benzinga.com
RICHMOND, Va., March 3, 2021 /PRNewswire/ -- Community Bankers Trust Corporation (NASDAQ: ESXB), the holding company for Essex Bank, announced today that its Board of Directors has authorized the repurchase of up to 1,000,000 shares of its common stock through February 2022. Shares of…
RICHMOND, Va., March 2, 2021 /PRNewswire/ -- Essex Bank, the banking subsidiary of Community Bankers Trust Corporation (NASDAQ: ESXB), announced today that the Bank has hired Stanley B. Jones, Jr. as its new Executive Vice President and Chief Credit Officer. The Bank also announced that…
RICHMOND, Va., Jan. 29, 2021 /PRNewswire/ -- Community Bankers Trust Corporation (the "Company") (NASDAQ: ESXB), the holding company for Essex Bank (the "Bank"), today reported results for the fourth quarter and year ended December 31, 2020. FINANCIAL HIGHLIGHTS Net income was $5.5…
Community Bankers Trust (NASDAQ:ESXB) is set to issue its quarterly earnings data before the market opens on Friday, January 29th. Analysts expect the company to announce earnings of $0.17 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link. Community Bankers Trust (NASDAQ:ESXB) last issued […]
RICHMOND, Va., Dec. 15, 2020 /PRNewswire/ -- Essex Bank, the banking subsidiary of Community Bankers Trust Corporation (NASDAQ: ESXB), announced today that Patricia M. Davis, the Bank's Executive Vice President and Chief Credit Officer, will resign from the Bank effective February 28,…
RICHMOND, Va., Oct. 30, 2020 /PRNewswire/ -- Community Bankers Trust Corporation (the "Company") (NASDAQ: ESXB), the holding company for Essex Bank (the "Bank"), today reported results for the third quarter and first nine months of 2020. FINANCIAL HIGHLIGHTS Net income was $4.5 million…
RICHMOND, Va., Oct. 29, 2020 /PRNewswire/ -- Community Bankers Trust Corporation (NASDAQ: ESXB), the holding company for Essex Bank, announced today that its Board of Directors has approved the recommencement of its share repurchase program and another increase in its quarterly dividend….
RICHMOND, Va., Oct. 23, 2020 /PRNewswire/ -- Community Bankers Trust Corporation (NASDAQ: ESXB), the holding company for Essex Bank, announced today that it has appointed Ira C. Harris to its Board of Directors. Dr. Harris will also serve as an independent director of the Bank. Dr. Harris…
RICHMOND, Va., Aug. 6, 2020 /PRNewswire/ -- Community Bankers Trust Corporation (NASDAQ: ESXB), the holding company for Essex Bank, announced today that its Board of Directors has declared a quarterly dividend of $0.05 per share with respect to the Company's outstanding common stock. The…
RICHMOND, Va., July 30, 2020 /PRNewswire/ -- Community Bankers Trust Corporation (the "Company") (NASDAQ: ESXB), the holding company for Essex Bank (the "Bank"), today reported results for the second quarter and first six months of 2020. OPERATING HIGHLIGHTS Provision for loan losses for…
RICHMOND, Va., May 1, 2020 /PRNewswire/ -- Community Bankers Trust Corporation (NASDAQ: ESXB), the holding company for Essex Bank, announced today a change in the location of its Annual Meeting of Shareholders to be held on Friday, May 15, 2020, at 11:00 a.m. Eastern Time, due to the…
RICHMOND, Va., April 24, 2020 /PRNewswire/ -- Community Bankers Trust Corporation (the "Company") (NASDAQ: ESXB), the holding company for Essex Bank (the "Bank"), today reported results for the first quarter of 2020. OPERATING HIGHLIGHTS Provision for loan losses for the first quarter of…
RICHMOND, Va., Jan. 24, 2020 /PRNewswire/ -- Community Bankers Trust Corporation (the "Company") (NASDAQ: ESXB), the holding company for Essex Bank (the "Bank"), today reported results for the fourth quarter and year ended December 31, 2019. Income Statement- Three Months ended December…
Community Bankers Trust Corporation (NASDAQ:ESXB) Q1 2019 Earnings Conference Call April 26, 2019 10:00 ET Company Participants Rex Smith - President & CEO