WFBI WashingtonFirst Bankshare

WashingtonFirst Bankshares Inc. Declares 14th Consecutive Quarterly Cash Dividend

WashingtonFirst Bankshares, Inc. (the "Company") (NASDAQ: WFBI) today announced that its Board of Directors declared a cash dividend of seven cents ($0.07) per share of its common stock, par value $0.01 per share, payable on April 3, 2017, to stockholders of record at the close of business on March 13, 2017. The dividend payout will be approximately $904 thousand on 12.9 million shares of voting and non-voting common stock. This represents the Company’s 14th consecutive quarterly cash dividend. While the Company expects to continue to declare and pay quarterly cash dividends in the future, any such dividend would be at the discretion of the Board of Directors of the Company and would be subject to applicable federal and state regulatory limitations.

About The Company

WashingtonFirst Bankshares, Inc., headquartered in Reston, Virginia, is the holding company for WashingtonFirst Bank, which operates 19 full-service banking offices throughout the Washington, DC, metropolitan area. In addition, the Company provides wealth management services through its subsidiary, 1st Portfolio Wealth Advisors, and mortgage banking services through the Bank's subsidiary, WashingtonFirst Mortgage Corporation. The Company's common stock is traded on the NASDAQ Stock Market under the quotation symbol "WFBI" and is included in the ABA NASDAQ Community Bank Index and the Russell 2000® Index. For more information about the Company, please visit: www.wfbi.com.

Cautionary Statements About Forward-Looking Information

Statements in this news release regarding future events, performance or results are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements of the goals, intentions, and expectations of the Company as to future trends, plans, events, results of operation and general economic condition. In some cases, forward-looking statements can be identified by use of words such as "may," "will," "anticipates," "believes," "expects," "plans," "estimates," "potential," "continue," "should," and similar words or phrases. Readers are cautioned against placing undue reliance on these statements. Actual events or results could be materially different from those expressed or implied by the forward-looking statements. The ability of the Company to declare and pay future dividends depends on a number of factors, including but not limited to: Board of Directors’ and regulatory approval, regulatory capital requirements, future earnings and cash flow of the Company, regulatory changes and general economic conditions, our ability to successfully manage and integrate any assets, liabilities, customers, systems, and management personnel we have acquired or may in the future acquire into our operations and our ability to realize related revenue synergies and cost savings within expected time frames and any goodwill charges related thereto. Additional factors that could cause actual events or results to differ materially are disclosed in the Company's recent filings with the Securities and Exchange Commission, including but not limited to its Annual Report on Form 10-K, Quarterly Report on Form 10-Q, and Current Reports on Form 8-K. Forward-looking statements are accurate only as of the date released, and we do not undertake any responsibility to update or revise any forward-looking statements to reflect subsequent events or circumstances.

EN
28/02/2017

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Reports on WashingtonFirst Bankshare

 PRESS RELEASE

WashingtonFirst Bankshares, Inc. Declares 17th Consecutive Quarterly C...

RESTON, Va.--(BUSINESS WIRE)-- WashingtonFirst Bankshares, Inc. (the "Company") (NASDAQ: WFBI) today announced that its Board of Directors declared a cash dividend of seven cents ($0.07) per share of its common stock, par value $0.01 per share, payable on November 24, 2017, to stockholders of record at the close of business on November 20, 2017. The dividend payout will be approximately $910,000 on 13 million shares of voting and non-voting common stock. This represents the Company’s 17th consecutive quarterly cash dividend. Any divid...

 PRESS RELEASE

WashingtonFirst Bankshares, Inc. Reports 13% Increase in Net Income fo...

RESTON, Va.--(BUSINESS WIRE)-- WashingtonFirst Bankshares, Inc. (“WashingtonFirst” or the “Company”) (NASDAQ: WFBI), the parent company of WashingtonFirst Bank, WashingtonFirst Mortgage, and 1st Portfolio Inc., reports net income of $5.6 million and $15.3 million for the three and nine months ended September 30, 2017, respectively. This represents an increase of 12.7% and 15.7% compared to the same periods last year, respectively. Earnings per share on a fully-diluted basis were $0.41 and $1.15 per share for the three and nine months ...

 PRESS RELEASE

WashingtonFirst Bankshares, Inc. Declares 16th Consecutive Quarterly C...

RESTON, Va.--(BUSINESS WIRE)-- WashingtonFirst Bankshares, Inc. (the "Company") (NASDAQ: WFBI) today announced that its Board of Directors declared a cash dividend of seven cents ($0.07) per share of its common stock, par value $0.01 per share, payable on October 2, 2017, to stockholders of record at the close of business on September 11, 2017. The dividend payout will be approximately $915,000 on 13 million shares of voting and non-voting common stock. This represents the Company’s 16th consecutive quarterly cash dividend. While the ...

 PRESS RELEASE

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Inve...

NEW YORK--(BUSINESS WIRE)-- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased WashingtonFirst Bankshares, Inc. (“WashingtonFirst” or the "Company") (NASDAQ: WFBI) stock prior to May 16, 2017. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of WashingtonFirst to Sandy Spring Bancorp, Inc. (NASDAQ: SASR) for 0.8713 shares of Sandy Spring common stock per WashingtonFirst share, subject to adju...

 PRESS RELEASE

WashingtonFirst Bankshares, Inc. Reports 21% Increase in Net Income an...

RESTON, Va.--(BUSINESS WIRE)-- WashingtonFirst Bankshares, Inc. (“WashingtonFirst” or the “Company”) (NASDAQ: WFBI), the parent company of WashingtonFirst Bank, WashingtonFirst Mortgage, and 1st Portfolio Inc., reports net income of $5.3 million and $9.8 million for the three and six months ended June 30, 2017, respectively. Earnings per share were $0.40 and $0.74 per share on a fully-diluted basis for the three and six months ended June 30, 2017, respectively, resulting in 18% and 16% increases over the comparable periods last year. ...

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