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Commonwealth Bankshares, Inc. operates as the holding company for Bank of the Commonwealth, which provides a range of commercial banking services to individuals and small-to medium-sized businesses. The company's deposit product line includes checking and savings deposits, interest bearing demand deposits, and time deposits. Its loan portfolio comprises secured loans, commercial lines of credit, commercial term loans, real estate loans, construction loans, personal loans, home improvement loans, automobile loans, and other installment and term loans. The company also offers other related services, such as home banking, trust, travelersÂ’ checks, safe deposits, lock box, depositor transfer, customer note payment, collections, notary public, escrow, drive-in facility, and other customary banking services. As of December 31, 2008, it operated four branches in Norfolk; six branches in Virginia Beach; four branches in Chesapeake; two branches in Portsmouth; one branch in Suffolk; and one each branch in Powells Point, Waves, Moyock, and Kitty Hawk, North Carolina. The company, through its other subsidiaries, conducts mortgage funding services; and provides brokerage and investment advisory services, and title insurance services. Commonwealth Bankshares was founded in 1970 and is headquartered in Norfolk, Virginia.

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Key Statistics

Closing Price	0.05
Volume	0
Volume Avg	67266
52 Week High	2.90
52 Week Low	0.03
PE	N/A
PE (group average)	27
EPS Year	-11.80
EPS change Q/Q	-82.69%
EPS change Q/Q Yr ago	-653.85%
EPS change Q/Q next Q est	100%
EPS change Y/Y	-52.69%
REV change Q/Q	-11.85%
REV change Q/Q Yr ago	-23.23%
EPS next Q est	0.00
EPS next Y est	0.00
Divident Annual	0.00
Dividend Yield	0%