Southern National Banc. of Virginia, Inc (OQ:SONA)

Oct 24, 2019 04:30 pm ET
Southern National Bancorp of Virginia, Inc. announces earnings of $8.9 million for the quarter ended September 30, 2019, compared to $8.9 million for the quarter ended September 30, 2018.
MCLEAN, Va., Oct. 24, 2019 /PRNewswire/ -- Southern National Bancorp of Virginia, Inc. (NASDAQ: SONA) ("Southern National" or the "Company"), and its wholly-owned subsidiary Sonabank (the "Bank"), today announced net income of $8.9 million for the quarter ended September 30, 2019, compared to $8.9 million for the quarter ended September 30, 2018.  Earnings per share for the three months ended September 30, 2019 and 2018 remained the same at $0.37 basic and $0.36 diluted for both periods.  ...
Jul 25, 2019 04:01 pm ET
Southern National Bancorp of Virginia, Inc. announces earnings of $9.3 million for the quarter ended June 30, 2019, compared to $8.9 million for the quarter ended June 30, 2018
MCLEAN, Va., July 25, 2019 /PRNewswire/ -- Southern National Bancorp of Virginia, Inc. (NASDAQ: SONA) ("Southern National" or the "Company"), and its wholly-owned subsidiary Sonabank (the "Bank"), today announced net income of $9.3 million for the quarter ended June 30, 2019, compared to $8.9 million for the quarter ended June 30, 2018.  Earnings per share for the three months ended June 30, 2019 were $0.39 basic and $0.38 diluted compared to $0.37 basic and diluted, for the same period in 2018.  ...
Apr 26, 2019 04:30 pm ET
Southern National Bancorp of Virginia, Inc. announces earnings of $6.0 million after a nonrecurring other loss and related legal expense for the quarter ended March 31, 2019, compared to $8.3 million
MCLEAN, Va., April 26, 2019 /PRNewswire/ -- Southern National Bancorp of Virginia, Inc. (NASDAQ: SONA) ("Southern National" or the "Company"), and its wholly-owned subsidiary Sonabank (the "Bank"), today announced net income of $6.0 million after a nonrecurring other loss and related legal expense for the quarter ended March 31, 2019, compared to $8.3 million for the quarter ended March 31, 2018.  Earnings per share for the three months ended March 31, 2019 were $0.25 basic and diluted after the nonrecurring other loss and related legal expense compared to $0.34 basic and diluted, for the sa...
Feb 28, 2019 03:30 pm ET
Southern National Bancorp of Virginia, Inc. Names George Cody Sheflett, Jr. Chief Operating Officer
MCLEAN, Va., Feb. 28, 2019 /PRNewswire/ -- Southern National Bancorp of Virginia, Inc. (NASDAQ: SONA) ("Southern National") announced today that George Cody Sheflett, Jr. has been appointed Executive Vice President, Chief Operating Officer and Chief Information Officer of Southern National, effective March 1, 2019. ...
Jan 24, 2019 03:30 pm ET
For the first full year following its merger of equals, Southern National Bancorp of Virginia, Inc. announces record earnings of $33.7 million for 2018, compared to $2.4 million for 2017
MCLEAN, Va., Jan. 24, 2019 /PRNewswire/ -- Southern National Bancorp of Virginia, Inc. (NASDAQ: SONA) ("Southern National" or the "Company"), and its wholly-owned subsidiary Sonabank (the "Bank"), today announced net income of $7.7 million and $33.7 million for the three and twelve months ended December 31, 2018, respectively. That compares to a net loss of ($1.2) million and net income of $2.4 million for the three and twelve months ended December 31, 2017, respectively.  Earnings per share for the three and twelve months ended December 31, 2018 was $0.32 basic and  diluted, and $1.40 basic...
Nov 27, 2018 08:00 am ET
Southern National Bancorp of Virginia, Inc. Announces Appointment of New Board Member Daniel H. Burch
MCLEAN, Va., Nov. 27, 2018 /PRNewswire/ -- Southern National Bancorp of Virginia, Inc. (NASDAQ: SONA) ("Southern National" or the "Company"), and its wholly-owned subsidiary Sonabank (the "Bank"), announced today that it has appointed Daniel H. Burch to its Board of Directors....
Oct 25, 2018 04:30 pm ET
Southern National Bancorp of Virginia, Inc. announces net income of $8.9 million for the quarter ended September 30, 2018 bringing its 2018 year to date net income to $26.0 million and declares a divi
MCLEAN, Va., Oct. 25, 2018 /PRNewswire/ -- Southern National Bancorp of Virginia, Inc. (NASDAQ: SONA) ("Southern National" or the "Company"), and its wholly-owned subsidiary Sonabank (the "Bank"), today announced net income of $8.9 million and $26.0 million for the three and nine months ended September 30, 2018, respectively. That compares to net income of $4.4 million and $3.6 million for the three and nine months ended September 30, 2017, respectively.  Earnings per share for the three and nine months ended September 30, 2018 was $0.37 basic and $0.36 diluted, and $1.08 basic and $1.07 dil...
Sep 20, 2018 06:45 pm ET
Southern National Bancorp of Virginia, Inc. Names Jeffrey Karafa Chief Financial Officer
MCLEAN, Va., Sept. 20, 2018 /PRNewswire/ -- Southern National Bancorp of Virginia, Inc. (NASDAQ: SONA) ("Southern National") announced today that Jeffrey L. Karafa has been appointed Executive Vice President and Chief Financial Officer of Southern National, effective September 19, 2018. ...
Jul 26, 2018 04:30 pm ET
Southern National Bancorp of Virginia, Inc. announces record net income of $8.9 million for the quarter ended June 30, 2018 bringing its 2018 year to date net income to $17.1 million and declares a di
MCLEAN, Va., July 26, 2018 /PRNewswire/ -- Southern National Bancorp of Virginia, Inc. (NASDAQ: SONA) ("Southern National" or the "Company"), and its wholly-owned subsidiary Sonabank (the "Bank"), today announced net income of $8.9 million and $17.1 million for the three and six months ended June 30, 2018, respectively. That compares to net losses of ($2.8) million and ($788) thousand for the three and six months ended June 30, 2017, respectively.  Basic and diluted earnings per share for the three and six months ended June 30, 2018 was $0.37 and $0.71, respectively, compared to ($0.21) and ...
Jun 21, 2018 07:40 am ET
Detailed Research: Economic Perspectives on Tetraphase Pharmaceuticals, Tech Data, Southern National Bancorp of Virginia, Esterline Technologies, Myers Industries, and Hersha Hospitality Trust — What
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Tetraphase Pharmaceuticals, Inc. (NASDAQ:TTPH), Tech Data Corporation...
Apr 30, 2018 07:45 am ET
Report: Developing Opportunities within Fluidigm, MaxLinear, Southern National Bancorp of Virginia, Power Integrations, Hersha Hospitality Trust, and W.R. Berkley — Future Expectations, Projections Mo
NEW YORK, April 30, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Fluidigm Corporation (NASDAQ:FLDM), MaxLinear, Inc (NYSE:MXL),...
Apr 26, 2018 04:30 pm ET
Southern National Bancorp of Virginia Inc. announces strong earnings of $8.3 million for the quarter ended March 31, 2018 and declares a dividend of $0.08 per share, its twenty-sixth consecutive quart
MCLEAN, Va., April 26, 2018 /PRNewswire/ -- Southern National Bancorp of Virginia Inc. (NASDAQ: SONA) ("Southern National"), and its wholly-owned subsidiary Sonabank (the "Bank"), today announced net income of $8.3 million for the quarter ended March 31, 2018. That compares to net income of $2.1 million for the quarter ended March 31, 2017 which was prior to the merger with Eastern Virginia Bankshares, Inc. ("EVBS") on June 23, 2017.  Basic and diluted earnings per share for the quarter ended March 31, 2018 was $0.34, compared to $0.17 basic earnings per share and $0.16 diluted earnings per ...
Apr 24, 2018 04:30 pm ET
Southern National Bancorp of Virginia, Inc. Names Joe Pennington Chief Financial Officer and Robyn Reid Controller
MCLEAN, Va., April 24, 2018 /PRNewswire/ -- Southern National Bancorp of Virginia, Inc. (NASDAQ: SONA) ("Southern National") announced today that Joseph D. Pennington, currently Vice President and Director of Financial Reporting for Southern National, has been appointed Chief Financial Officer of Southern National, effective April 30, 2018. ...
Apr 20, 2018 04:30 pm ET
Southern National Bancorp of Virginia, Inc. Names Jeffrey Culver President and Chief Operating Officer
MCLEAN, Va., April 20, 2018 /PRNewswire/ -- Southern National Bancorp of Virginia, Inc. (NASDAQ: SONA) ("Southern National") announced today that Jeffrey H. Culver has been appointed President and Chief Operating Officer of Southern National, effective May 7, 2018. ...
Jan 26, 2018 02:30 pm ET
Southern National Bancorp of Virginia Inc. announces net income of $2.4 million for the year ended December 31, 2017 and a net loss of ($1.2) million for the quarter ended December 31, 2017, including
MCLEAN, Va., Jan. 26, 2018 /PRNewswire/ -- Southern National Bancorp of Virginia Inc. (NASDAQ: SONA) ("Southern National"), and its wholly-owned subsidiary Sonabank, announced today a net loss of ($1.2) million and net income of $2.4 million for the quarter and year ended December 31, 2017, respectively. That compares to net income of $2.2 million and $10.3 million for the quarter and year ended December 31, 2016, respectively.  Basic and diluted loss per share for the quarter ended December 31, 2017 were ($0.05), while basic and diluted earnings per share for the year ended December 31, 201...
Jan 23, 2018 07:35 am ET
Factors of Influence in 2018, Key Indicators and Opportunity within DineEquity, Uranium Energy, Microsemi, Southern National Bancorp of Virginia, Community Trust, and Preferred Apartment Communities —
NEW YORK, Jan. 23, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of DineEquity, Inc (NYSE:DIN), Uranium Energy Corp....
Oct 26, 2017 05:01 pm ET
Southern National Bancorp of Virginia Inc. announces results for the three and nine months ended September 30, 2017, the successful completion of the core data processing system conversion related to
MCLEAN, Va., Oct. 26, 2017 /PRNewswire/ -- Southern National Bancorp of Virginia Inc. (NASDAQ: SONA) ("Southern National"), and its wholly-owned subsidiary Sonabank, announced today net income of $4.4 million and $3.6 million for the quarter and nine months ended September 30, 2017, respectively. That compares to net income of $2.8 million and $8.1 million for the three and nine months ended September 30, 2016, respectively.  Basic and diluted earnings per share for the quarter ended September 30, 2017 were $0.18, while basic and diluted earnings per share for the nine months ended September...
Jul 27, 2017 05:30 pm ET
Southern National Bancorp of Virginia Inc. announces results for second quarter and first half of 2017 and declares a dividend of $0.08
MCLEAN, Va., July 27, 2017 /PRNewswire/ -- Southern National Bancorp of Virginia Inc. (NASDAQ: SONA) ("Southern National"), and its wholly-owned subsidiary Sonabank, announced today a net loss of ($2.8) million for the quarter ended June 30, 2017, or ($0.21) basic and diluted loss per share, and a net loss of ($788) thousand, or ($0.06) basic and diluted loss per share for the first half of 2017.  That compares to net income of $2.8 million and $5.4 million for the three and six months ended June 30, 2016, respectively.  Excluding tax-effected merger costs of $6.1 million for the second quar...
Jun 23, 2017 06:05 pm ET
Southern National Bancorp of Virginia, Inc. and Eastern Virginia Bankshares, Inc. Announce Closing of Merger
MCLEAN, Va. and RICHMOND, Va., June 23, 2017 (GLOBE NEWSWIRE) -- Southern National Bancorp of Virginia, Inc. (NASDAQ:SONA) (“Southern National”) and Eastern Virginia Bankshares, Inc. (NASDAQ:EVBS) (“Eastern Virginia”) jointly announced today the completion of the merger of Eastern Virginia with and into Southern National and the completion of the merger of Eastern Virginia’s wholly-owned bank subsidiary, EVB, with and into Southern National’s wholly-owned bank subsidiary, Sonabank.  The combination brings together two banking companies with complementary business lines, creating one of the p...
Apr 27, 2017 04:30 pm ET
Southern National Bancorp of Virginia Inc. reports earnings for the first quarter of 2017 of $2.1 million after pre-tax deal costs of $323 thousand and declares a dividend of $.08
MCLEAN, Va., April 27, 2017 (GLOBE NEWSWIRE) -- Southern National Bancorp of Virginia Inc. (NASDAQ:SONA), the holding company for Sonabank, announced today that net income for the quarter ended March 31, 2017 was $2.1 million compared to $2.6 million during the quarter ended March 31, 2016. Excluding tax effected costs related to the pending merger with Eastern Virginia Bankshares (EVBS) net income would have been $2.4 million (Non-GAAP)....
Feb 06, 2017 09:00 am ET
Eastern Virginia Bankshares, Inc. Releases Fourth Quarter and Full Year 2016 Results
GLEN ALLEN, Va., Feb. 6, 2017 /PRNewswire/ -- Eastern Virginia Bankshares, Inc. (NASDAQ: EVBS) (the "Company" or "Eastern Virginia"), the one bank holding company of EVB (the "Bank"), reported today its results of operations for the three and twelve months ended December 31, 2016.   ...
Jan 20, 2017 03:38 pm ET
Southern National Bancorp of Virginia, Inc. Announces Sale of $27 Million of Subordinated Notes
MCLEAN, Va., Jan. 20, 2017 (GLOBE NEWSWIRE) -- Southern National Bancorp of Virginia, Inc. (NASDAQ:SONA) (“Southern National”), the holding company of Sonabank, announced that it had completed the sale of $27 million of its fixed-to-floating rate Subordinated Notes due 2027 (the “Notes”). The Notes will initially bear interest at 5.875% per annum until January 31, 2022; thereafter, the Notes will be payable at an annual floating rate equal to three-month LIBOR plus a spread of 3.95% until maturity or early redemption. ...
Dec 13, 2016 04:30 pm ET
Dec 13, 2016 04:30 pm ET
Southern National Bancorp of Virginia, Inc. and Eastern Virginia Bankshares, Inc. Announce Transformational Merger of Equals
MCLEAN, Va. and RICHMOND, Va., Dec. 13, 2016 /PRNewswire/ -- Southern National Bancorp of Virginia, Inc. (NASDAQ: SONA) ("Southern National"), the holding company of Sonabank, and Eastern Virginia Bankshares, Inc. (NASDAQ: EVBS) ("Eastern Virginia"), the holding company of EVB, jointly announced today the signing of a definitive agreement to merge.  The combination brings together two banking companies with complementary business lines creating one of the premier banking institutions headquartered in the Commonwealth of Virginia.  ...
Oct 20, 2016 04:15 pm ET
Southern National Bancorp of Virginia Inc. reports earnings of $2.8 million for the third quarter and $8.1 million for the first nine months of 2016, up from $2.5 million (an increase of 11.45%) and $
MCLEAN, Va., Oct. 20, 2016 (GLOBE NEWSWIRE) -- Southern National Bancorp of Virginia Inc. (NASDAQ:SONA), the holding company for Sonabank, announced today that net income for the third quarter and nine months ended September 30, 2016 was $2.8 million and $8.1 million, respectively, compared to $2.5 million and $7.0 million during the third quarter and the first nine months of 2015. Third quarter diluted earnings per share were $.22 compared to $.20 in the third quarter of last year....
Jul 21, 2016 04:30 pm ET
Southern National Bancorp of Virginia Inc. reports record earnings of $2.8 million for the second quarter and $5.4 million for the first half of 2016, up from $2.5 million and $4.5 million during the
MCLEAN, Va., July 21, 2016 (GLOBE NEWSWIRE) -- Southern National Bancorp of Virginia Inc. (NASDAQ:SONA), the holding company for Sonabank, announced today that net income for the quarter ended June 30, 2016 was $2.8 million and $5.4 million for the first half of 2016. That compares to $2.5 million and $4.5 million for the three and six months ended June 30, 2015.  ...
Apr 28, 2016 02:30 pm ET
Southern National Bancorp of Virginia Inc. reports earnings for the first quarter of 2016 of $2.6 million, up 28% from the first quarter the prior year, and declares a dividend of $.08
MCLEAN, Va., April 28, 2016 (GLOBE NEWSWIRE) -- Southern National Bancorp of Virginia Inc. (NASDAQ:SONA), the holding company for Sonabank, announced today that net income for the quarter ended March 31, 2016 was $2.6 million compared to $2.0 million during the quarter ended March 31, 2015....