Company Quick10K Filing
Access National
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 21 $571
10-Q 2018-11-09 Quarter: 2018-09-30
10-Q 2018-08-10 Quarter: 2018-06-30
10-Q 2018-05-10 Quarter: 2018-03-31
10-K 2018-04-05 Annual: 2017-12-31
10-Q 2017-11-09 Quarter: 2017-09-30
10-Q 2017-08-11 Quarter: 2017-06-30
10-Q 2017-05-19 Quarter: 2017-03-31
10-K 2017-03-16 Annual: 2016-12-31
10-Q 2016-11-09 Quarter: 2016-09-30
10-Q 2016-08-09 Quarter: 2016-06-30
10-Q 2016-05-10 Quarter: 2016-03-31
10-K 2016-03-15 Annual: 2015-12-31
10-Q 2015-11-09 Quarter: 2015-09-30
10-Q 2015-08-10 Quarter: 2015-06-30
10-Q 2015-05-11 Quarter: 2015-03-31
10-K 2015-03-11 Annual: 2014-12-31
10-Q 2014-11-10 Quarter: 2014-09-30
10-Q 2014-08-11 Quarter: 2014-06-30
10-Q 2014-05-12 Quarter: 2014-03-31
10-K 2014-03-14 Annual: 2013-12-31
10-Q 2013-11-08 Quarter: 2013-09-30
10-Q 2013-08-09 Quarter: 2013-06-30
10-Q 2013-05-10 Quarter: 2013-03-31
10-Q 2012-11-14 Quarter: 2012-09-30
10-Q 2012-08-14 Quarter: 2012-06-30
10-Q 2012-05-14 Quarter: 2012-03-31
10-K 2012-03-23 Annual: 2011-12-31
10-Q 2011-11-14 Quarter: 2011-09-30
10-Q 2011-08-15 Quarter: 2011-06-30
10-Q 2011-05-16 Quarter: 2011-03-31
10-K 2011-03-29 Annual: 2010-12-31
10-Q 2010-11-12 Quarter: 2010-09-30
10-Q 2010-08-16 Quarter: 2010-06-30
10-Q 2010-05-17 Quarter: 2010-03-31
10-K 2010-03-29 Annual: 2009-12-31
8-K 2019-01-31 M&A, Shareholder Rights, Control, Officers, Amend Bylaw, Exhibits
8-K 2019-01-25 Earnings, Regulation FD, Exhibits
8-K 2019-01-15 Shareholder Vote, Other Events, Exhibits
8-K 2019-01-11 Other Events, Exhibits
8-K 2019-01-07 Other Events, Exhibits
8-K 2018-12-20 Other Events
8-K 2018-11-14 Other Events, Exhibits
8-K 2018-11-07 Other Events
8-K 2018-10-25 Earnings, Other Events, Exhibits
8-K 2018-10-12 Other Events, Exhibits
8-K 2018-10-05 Regulation FD, Other Events, Exhibits
8-K 2018-10-04 Enter Agreement, Exhibits
8-K 2018-07-26 Earnings, Regulation FD, Exhibits
8-K 2018-07-20 Other Events, Exhibits
8-K 2018-05-24 Shareholder Vote
8-K 2018-05-18 Other Events, Exhibits
8-K 2018-04-26 Earnings, Regulation FD
8-K 2018-04-16 Officers
8-K 2018-04-05 Officers, Exhibits
8-K 2018-03-20 Officers
8-K 2018-01-30 Earnings, Regulation FD, Exhibits
8-K 2017-12-28 Exhibits

Access National Financials

ANCX Metrics, Comps, Filings

Annual | Quarterly

Business

Access National Corporation (the "Corporation" or "Access" or "ANC") was organized June 15, 2002 under the laws of Virginia to operate as a bank holding company. The Corporation has three active wholly owned subsidiaries: Access National Bank (the "Bank", "Access Bank" or "ANB"), Middleburg Investment Group ("MIG"), and MFC Capital Trust II. Effective June 15, 2002, pursuant to an Agreement and Plan of Reorganization dated April 18, 2002 between the Corporation and the Bank, the Corporation acquired all of the outstanding stock of the Bank in a statutory share exchange transaction.

The Bank is one of two operating businesses of the Corporation. The Bank provides credit, deposit, mortgage services and wealth management services to middle market commercial businesses and associated professionals, primarily in the greater Washington, D.C. Metropolitan Area. The Bank was organized under federal law in 1999 as a national banking association to engage in a general banking business to serve the communities in and around Northern Virginia. Deposits with the Bank are insured to the maximum amount provided by the Federal Deposit Insurance Corporation ("FDIC"). The Bank offers a comprehensive range of financial services and products and specializes in providing customized financial services to small and medium sized businesses, professionals, and associated individuals. The Bank provides its customers with personal customized service utilizing the latest technology and delivery channels. The various operating and non-operating entities that support the Corporation's business directly and indirectly are listed below:

ENTITY /ACTIVITY PARENTCOMPANY /SOLE MEMBER YEARORGANIZEDAccess National Corporation N/A 2002


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Northfield Bancorp (NFBK) 794 0% 8.8 1% 4,808 4,118 4 0 30 82 724
Dime Community Bancshares (DCOM) 775 0% 5.3 1% 6,425 5,816 4 0 42 124 662
Access National (ANCX) 571 0% 8.5 1% 3,021 2,579 9 0 27 53 446
First Defiance Financial (FDEF) 575 5.2 1% 3,351 2,933 0 0 49 90 463
Sterling Bancorp (SBT) 518 2.7 2% 3,322 2,971 0 0 59 136 371
Waterstone Financial (WSBF) 460 16.2 1% 2,005 1,618 0 0 27 56 910
HomeTrust Bancshares (HTBI) 463 0% 5.0 1% 3,655 3,242 8 0 28 69 346
Farmers & Merchants Bancorp (FMAO) 314 5.9 1% 1,575 1,347 0 0 17 34 200
Territorial Bancorp (TBNK) 282 0% 5.3 1% 2,086 1,840 2 0 23 48 253
Provident Bancorp (PVBC) 258 13.7 1% 1,031 899 0 0 10 23 311
PDL Community Bancorp (PDLB) 257 13.5 0% 1,100 939 0 0 3 15 209
Northrim Bancorp (NRIM) 277 0% 5.5 1% 1,617 1,413 3 0 21 33 185
Western New England Bancorp (WNEB) 254 0% 11.2 1% 2,174 1,942 0 0 14 41 460
BCB Bancorp (BCBP) 215 -2.4 1% 2,825 2,602 0 0 20 67 -162
Codorus Valley Bancorp (CVLY) 231 4.5 1% 1,869 1,680 0 0 18 45 200
BankFinancial (BFIN) 186 0% 1.3 1% 1,492 1,318 3 0 16 35 45
First Guaranty Bancshares (FGBI) 189 5.2 1% 1,805 1,643 0 0 10 37 189
Riverview Bancorp (RVSB) 174 5.7 1% 1,173 1,030 0 0 17 27 153
Malvern Bancorp (MLVF) 171 0% 0.6 1% 1,265 1,123 2 0 9 31 17
First Capital (FCAP) 198 0% 13.3 1% 823 726 4 0 10 15 198

Balance Sheet ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-31
Cash443823563691122
Accounts Receivable
Inventory
PP&E991477728
Assets8108648471,0531,1791,4312,874
Accounts Payable
Long-Term Debt50546044
Liabilities7277737569541,0691,3102,452
Stockholders' Equity83919199109121422
Income Statement ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-31
Revenue9264587082128
Cost of Revenue
Gross Profit
R&D
SG&A311111
Tax6118691012
Net Income11181314151616
Cash Flow ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-31
Cash Operating33102-8162632
Cash Investing-33-44-90-150-146-207-7
Cash Financing-3835-261911102366