Southern National Bancorp of Virginia Inc (SONA) Files 10-K for the Fiscal Year Ended on December 31, 2018

Southern National Bancorp of Virginia Inc (SONA, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. 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 $380.270 million; its shares were traded at around $15.81 with a P/E ratio of 11.39 and P/S ratio of 3.80. The dividend yield of Southern National Bancorp of Virginia Inc stocks is 2.09%.

For the last quarter Southern National Bancorp of Virginia Inc reported a revenue of $25.1 million, compared with the revenue of $24.87 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $101.8 million, an increase of 39.1% from last year. For the last five years Southern National Bancorp of Virginia Inc had an average revenue growth rate of 25.8% a year.

The reported diluted earnings per share was $1.39 for the year, an increase of 969.2% from previous year. Over the last five years Southern National Bancorp of Virginia Inc had an EPS growth rate of 0.3% a year. The profitability rank of the company is 3 (out of 10).

At the end of the fiscal year, Southern National Bancorp of Virginia Inc has the cash and cash equivalents of $28.6 million, compared with $23.8 million in the previous year. The long term debt was $56.7 million, compared with $56.7 million in the previous year. Southern National Bancorp of Virginia Inc has a financial strength rank of 3 (out of 10).

At the current stock price of $15.81, Southern National Bancorp of Virginia Inc is traded at close to its historical median P/S valuation band of $15.85. The P/S ratio of the stock is 3.80, while the historical median P/S ratio is 3.79. The stock lost 0.93% during the past 12 months.

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