Hampton Roads Bankshares, Inc.

Hampton Roads Bankshares, Inc.

Sector: State Commercial Banks Region: VA, United States

: | Nasdaq: HMPR

Similar to: Wilshire Bancorp, Inc., Hancock Holding Co., NIB

Hampton Roads Bankshares, Inc. operates as a bank holding company for Bank of Hampton Roads and Shore Bank. It engages in general community and commercial banking businesses, targeting the banking needs of individuals and small-to medium-sized businesses in primary service areas, which include the Hampton Roads region of southeastern Virginia, the Northeastern and Research Triangle regions of North Carolina, the Eastern Shore of Virginia and Maryland, and Richmond, Virginia. The company's primary products are traditional loan and deposit banking services. It operates its business through two segments: Mortgage and Other. The Mortgage segment provides mortgage banking services such as originating and processing mortgage loans for sale to the secondary market. The Other segment includes two of its wholly-owned subsidiaries, Shore Investments, Inc., and Gateway Investment Services, Inc., which provide securities, brokerage, and investment advisory services and are capable of handling many aspects of wealth management including stocks, bonds, annuities, mutual funds, financial consultations, and insurance products. Hampton Roads Bankshares was founded on February 28, 2001 and is headquartered in Norfolk, VA.

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