Added to YB: 2025-04-16
Pitch date: 2025-04-15
BORT [bullish]
Botetourt Bankshares, Inc. (VA)
Author Info
Turning Rough Stones focuses on cheap stocks from various strategies using global stock rankings. Sign up for the newsletter.
Company Info
As of October 4, 2013, Botetourt Bankshares, Inc. (VA) was acquired by Bank of Botetourt. Botetourt Bankshares, Inc.
Market Cap
$15.5M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
-6.77
EV/Sales
N/A
Sector
Banks
Category
value
Bank of Botetourt (BORT): cheap, much cheaper than you would think
BORT: Community bank in VA trading at 0.85x P/B, 8.5x P/E. Hidden fair value gains of $55M (76M deposit gains vs 21M loan losses) not reflected in book value. Strong momentum, low volatility, pays $0.90/yr dividend. Likely benefits from rising yields. Total assets/book value is 10.5x but lower adjusting for hidden value.
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