Southern National Bancorp of Virginia Inc (SONA) Files 10-K for the Fiscal Year Ended on December 31, 2017

Southern National Bancorp of Virginia Inc (SONA, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Southern National Bancorp of Virginia Inc is the bank holding company for Sonabank. It offers savings accounts, money market accounts, commercial real estate loans, construction to permanent loans, development and builder loans, among others. Southern National Bancorp of Virginia Inc has a market cap of $386.970 million; its shares were traded at around $16.18 with a P/E ratio of 202.26 and P/S ratio of 4.52. The dividend yield of Southern National Bancorp of Virginia Inc stocks is 1.99%. Southern National Bancorp of Virginia Inc had annual average EBITDA growth of 13.10% over the past five years.

For the last quarter Southern National Bancorp of Virginia Inc reported a revenue of $25.3 million, compared with the revenue of $10.21 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $73.3 million, an increase of 70% from last year. For the last five years Southern National Bancorp of Virginia Inc had an average revenue growth rate of 13.3% a year.

The reported diluted earnings per share was 13 cents for the year, a decline of 84.3% from the previous year. Over the last five years Southern National Bancorp of Virginia Inc had an average EPS decline of 15.6% a year. The Southern National Bancorp of Virginia Inc had a decent operating margin of 21.23%, compared with the operating margin of 35.72% a year before. The 10-year historical median operating margin of Southern National Bancorp of Virginia Inc is 23.20%. The profitability rank of the company is 5 (out of 10).

At the end of the fiscal year, Southern National Bancorp of Virginia Inc has the cash and cash equivalents of $25.5 million, compared with $47.4 million in the previous year. The long term debt was $56.7 million. The company's operating income of cannot cover its interest payment during the last fiscal year. Southern National Bancorp of Virginia Inc has a financial strength rank of 3 (out of 10).

At the current stock price of $16.18, Southern National Bancorp of Virginia Inc is traded at 19.2% premium to its historical median P/S valuation band of $13.57. The P/S ratio of the stock is 4.52, while the historical median P/S ratio is 3.78. The stock lost 0.48% during the past 12 months.

Directors and Officers Recent Trades:

  • Director Eric Alan Johnson bought 615 shares of SONA stock on 03/13/2018 at the average price of $16.21. The price of the stock has decreased by 0.19% since.
  • Director John Fitzgerald Biagas bought 613 shares of SONA stock on 03/12/2018 at the average price of $16.29. The price of the stock has decreased by 0.68% since.
  • Director Charles A Kabbash bought 2,800 shares of SONA stock on 03/12/2018 at the average price of $9.32. The price of the stock has increased by 73.61% since.
  • Director Robert Yates Clagett bought 1,603 shares of SONA stock on 03/08/2018 at the average price of $15.55. The price of the stock has increased by 4.05% since.
  • Director Eric Alan Johnson bought 1,000 shares of SONA stock on 03/01/2018 at the average price of $15.86. The price of the stock has increased by 2.02% since.

For the complete 20-year historical financial data of SONA, click here.