Xenith Bankshares - M&A Summary, Ownership, and Business Overview

Financial ServicesCompany

Xenith Bankshares M&A Summary

Xenith Bankshares has acquired 3 companies of its own. A total of 2 acquisitions came from private equity firms.

Xenith Bankshares has acquired in 2 different US states. The Company’s most targeted sectors include financial services (100%).

Xenith Bankshares Ownership

Who owns Xenith Bankshares?

Xenith Bankshares is owned by Atlantic Union Bankshares. It was acquired on October 26, 2017.

Was Xenith Bankshares formerly PE-backed?

Yes. Xenith Bankshares was formerly owned by 1 private investor.

Xenith Bankshares Business Overview

Where is Xenith Bankshares headquartered?

Xenith Bankshares is headquartered in Richmond, Virginia.

What is Xenith Bankshares’ revenue?

Xenith Bankshares disclosed revenue of 38M USD for 2015 and 32M USD for 2014.

How many employees does Xenith Bankshares have?

Xenith Bankshares has 115 employees.

What sector is Xenith Bankshares in?

Xenith Bankshares is a financial services company.

When was Xenith Bankshares founded?

Xenith Bankshares was founded in 2008.

M&A Summary

  • M&A Total Activity2
    • M&A Buy Activity2
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 2
  • M&A Advisors 2

Xenith Bankshares, Inc.

One James Center, Suite 1700,
Richmond, Virginia 23219
United States,
(804) 433-2200
www.xenithbank.com

Xenith Bankshares, Inc. through its wholly-owned subsidiary, Xenith Bank, provides business-focused banking services to customers in the Richmond and Hampton Roads, Virginia and Greater Washington, D.C. markets. Headquartered in Richmond, it has assets of approximately $1.0 billion. Xenith Bank has eight locations in Herndon, Richmond, Suffolk and Gloucester, Virginia and one loan production office in Newport News, Virginia.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 2 - - - - - 2
Sell (0.0/yr) # - - - - - - 0
  2

Most Recent M&A

Company Date Value Type
Hampton Roads Bankshares, Inc. 2016-02-10 - Merger
Virginia Beach, Virginia · www.bankofhamptonroads.com
Colonial Virginia Bank 2014-07-01 - Merger
Gloucester, Vermont
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Financial Services 2 (100%) - - -
Total 2 - - -

By Geo

State/Country Buy Value Sell Value
United States 2 - - -
  Virginia 1 - - -
  Vermont 1 - - -
Total 2 - - -

Top M&A Advisors

Financial Deals
Macquarie Capital
 1
Legal Deals
Hunton & Williams LLP
 1

M&A Connections

Deals
Acquired from
Investor(s)
50%
1 (50%)

Company Summary

SECTOR

Financial Services

Revenue

38   19% 2015
32   19% 2014
27   4% 2013
26   2012
(millions of USD) Show More Show Less

Employees

115

Established

2008

Former Name

Xenith Corp.

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