Community Bankers Trust (ESXB)
The parent of Essex Bank filed its latest proxy statement, disclosing the compensation packages of its top executives in 2017. Among them, CEO Rex Smith received total compensation valued at $906,000. That included a base salary of $410,000, $234,000 in option awards, $47,000 in incentive pay and other perks. Click here to view the full proxy.
The company’s annual shareholders meeting will be held May 18 at 11 a.m., at its headquarters at 9954 Mayland Drive.
The armored car giant filed its first quarter earnings report, with $879 million in revenue and $65 million in profit. Click here to see the full report.
The used car retailer filed its yearend earnings report. CarMax reported $17.1 billion in revenue and $2.3 billion in profit for the fiscal year ended Feb. 28, 2018. Click here to see the full report.
The insurance underwriter filed its first quarter earnings report. Markel reported $1.5 billion in revenue and a loss of $64 million in the first quarter 2018, down from $69 million in profit in the same period last year. Click here to see the full report.
Markel attributed part of the loss to new accounting standards that took effect Jan. 1. Click here to see the full explanation.