Latest On Southern National Bancorp of Virginia, Inc (SONA):
| Date/Time | Type | Description | Signal | Details |
|---|---|---|---|---|
| 2021-03-02 00:12 EST | News | Southern National Bancorp Of Virginia: After A Sizeable Run, Current Valuation Appears Full | N/A |  |
| 2021-02-11 04:57 EST | Dividend | A dividend of $0.1 has been announced on Jan 28, 2021. It will be paid Feb 26, 2021 with an ex-dividend date of Feb 11, 2021. | Neutral | |
| 2021-02-01 00:33 EST | Analyst Rating | The Analyst Target Price has increased from $13.67 to $13.83. | Buy | |
| 2021-01-30 12:35 EST | Financials | Company financials have been released. | Neutral | |
| 2021-01-29 06:52 EST | News | Southern National Bancorp of Virginia EPS beats by $0.06, beats on revenue | N/A | |
About Southern National Bancorp of Virginia, Inc (SONA):
Southern National Bancorp of Virginia, Inc. operates as the bank holding company for Sonabank that provides commercial banking services to individuals and small and medium sized businesses in the United States. Its deposit products include noninterest-bearing and interest-bearing checking, commercial checking, money market, and savings accounts, as well as certificates of deposit. The company's loan portfolio comprises commercial mortgage and non-mortgage loans, including commercial real estate loans, construction and permanent loans, development and builder loans, accounts receivable financing, lines of credit, equipment and vehicle loans, leasing, and commercial overdraft protection; construction loans for commercial, multifamily, and other non-residential properties; commercial business read more... loans, such as lines of credit, revolving credit facilities, demand loans, term loans, equipment loans, small business administration loans, stand-by letters of credit, and unsecured loans; residential mortgage lending; and secured and unsecured consumer loans. It also offers cash management services comprising investment/sweep, zero balance, and controlled disbursement accounts; and wire transfer, employer/payroll processing, night depository, lockbox, depository transfer, merchant, ACH origination, check 21 processing, and asset based lending, as well as mobile banking application services for personal and business accounts. In addition, the company provides other consumer/retail products and services that include debit and credit cards, ATM services, travelers' checks, notary services, and online banking services. As of December 31, 2019, it operated forty-five full-service branches, which included thirty-eight in Virginia and seven in Maryland. Southern National Bancorp of Virginia, Inc. was founded in 2004 and is based in McLean, Virginia.
General
- Name Southern National Bancorp of Virginia, Inc
- Symbol SONA
- Type Common Stock
- Exchange NASDAQ
- Currency USD
- Country USA
- SectorFinancial Services
- IndustryBanks-Regional
- Last Split Factor11:10
- Last Split Date2007-04-30
- Fiscal Year EndDecember
- IPO Date2006-11-01
- Gic SectorFinancials
- Gic GroupBanks
- Gic IndustryBanks
- Gic SubIndustryRegional Banks
- Web URLhttp://www.sonabank.com
Valuation
- Trailing PE 16.57
- Forward PE 15.6
- Price/Sales (Trailing 12 Mt.) 3.84
- Price/Book (Most Recent Quarter) 0.98
Financials
- Most Recent Quarter 2020-12-31
- Current Year EPS Estimate $1.09
- Next Year EPS Estimate $1.15
- Next Quarter EPS Estimate $0.27
- Profit Margin 24%
- Operating Margin 33%
- Return on Assets 1%
- Return on Equity 6%
- Revenue 97.64 million
- Earnings Per Share $0.96
- Revenue Per Share $4.03
- Gross Profit 97.64 million
- Quarterly Earnings Growth 27%
Highlights
- Market Capitalization 387.7 million
- Analyst Target Price $13.83
- Book Value Per Share $16.03
Share Statistics
- Shares Outstanding 24.37 million
- Shares Float 18.98 million
- % Held by Insiders 572%
- % Held by Institutions 69.61%
- Shares Short 177339
- Shares Short Prior Month 162824
- Short Ratio 2.2
- Short % of Float 1%
- Short % of Shares Outstanding 1%
Technicals
- Beta 1.06
- 52 Week High $16.32
- 52 Week Low $7.36
- 50 Day Moving Average 13.88
- 200 Day Moving Average 11.48
Dividends
- Forward Annual Dividend Rate $0.4
- Forward Annual Dividend Yield 2.5%
- Payout Ratio 35%
- Dividend Date 2021-02-26
- ExDividend Date 2021-02-11
- Dividend Per Share $0.4
- Dividend Yield 2.61%
Southern National Bancorp of Virginia, Inc (SONA) Dividend Calendar:
Southern National Bancorp of Virginia, Inc pays an annual dividend of $0.4 per share, with a dividend yield of 2.61%.
SONA's last dividend payment was made to shareholders on February 26, 2021.
Southern National Bancorp of Virginia, Inc pays out 35% of its earnings out as a dividend.
Southern National Bancorp of Virginia, Inc (SONA) Earnings History:
Companies typically report earnings on both a quarterly and annual basis. Earnings reported that deviate from analysts' expectations can have a large impact on a stock's price.
Southern National Bancorp of Virginia, Inc (SONA) Company Financial Statements:
Financial statements are reports prepared by a company's management to present their financial performance and position at a point in time. A general-purpose set of financial statements usually includes a balance sheet, income statements, and statement of cash flows.
Income Statement:
| Date | Dec 31 2020 | Sep 30 2020 | Jun 30 2020 | Mar 31 2020 | Dec 31 2019 |
|---|---|---|---|---|---|
| Research Development | N/A | N/A | N/A | N/A | N/A |
| Income Before Tax | N/A | N/A | N/A | N/A | 10.23 million |
| Selling General Administrative | N/A | N/A | N/A | N/A | 11.2 million |
| Gross Profit | N/A | N/A | N/A | N/A | 24.03 million |
| Ebit | N/A | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A | 10.57 million |
| Income Tax Expense | 3 million | 2.42 million | 1.19 million | 6000 | 1.27 million |
| Total Revenue | N/A | N/A | N/A | N/A | 24.03 million |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A |
| Total Other Income Expense Net | N/A | N/A | N/A | N/A | -341000 |
| Net Income From Continuing Operations | N/A | N/A | N/A | N/A | 8.96 million |
| Net Income Applicable to Common Shares | 8.96 million | 9.59 million | 4.71 million | 27000 | 8.96 million |
Balance Sheet:
| Date | Dec 31 2020 | Sep 30 2020 | Jun 30 2020 | Mar 31 2020 | Dec 31 2019 |
|---|---|---|---|---|---|
| Total Liabailities | N/A | N/A | N/A | N/A | 2.34 billion |
| Total Stockholder Equity | N/A | N/A | N/A | N/A | 377.24 million |
| Other Current Liabilities | N/A | N/A | N/A | N/A | N/A |
| Total Assets | N/A | N/A | N/A | N/A | 2.72 billion |
| Common Stock | 390.55 million | 388.98 million | 381.67 million | 378.82 million | 377.24 million |
| Other Current Assets | N/A | N/A | N/A | N/A | N/A |
| Retained Earnings | N/A | N/A | N/A | N/A | N/A |
| Other Liabilities | 41.95 million | 325.94 million | 40.81 million | 38.05 million | 33.42 million |
| Other Assets | 2.55 billion | 2.65 billion | 2.63 billion | 2.33 billion | 2.3 billion |
| Cash | N/A | N/A | N/A | N/A | 31.93 million |
| Total Current Liabilities | 2.53 billion | 2.32 billion | N/A | N/A | 2.25 billion |
| Other Stockholder Equity | N/A | N/A | N/A | N/A | N/A |
| Property, Plant & Equipment | 37.82 million | 37.71 million | 38.2 million | 38.74 million | 39.2 million |
| Total Current Assets | 196.19 million | 154.66 million | N/A | N/A | 38.15 million |
| Long Term Investments | N/A | N/A | N/A | N/A | 237.27 million |
| Net Tangible Assets | 282.77 million | 280.86 million | 273.21 million | 270.02 million | 268.1 million |
| Short Term Investments | N/A | N/A | N/A | N/A | N/A |
| Long Term Debt | N/A | N/A | N/A | N/A | 56.68 million |
| Inventory | N/A | 5.39 million | N/A | N/A | 6.22 million |
| Accounts Payable | 2.43 billion | 2.22 billion | N/A | N/A | 2.12 billion |
Southern National Bancorp of Virginia, Inc (SONA) Chart:
Southern National Bancorp of Virginia, Inc (SONA) News:
Below you will find a list of latest news for Southern National Bancorp of Virginia, Inc (SONA) from major news sources. You can filter the results to only show news from a specific source.
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Southern National Bancorp of Virginia, Inc (SONA) Options:
A stock option is a contract between two parties in which the stock option buyer (holder) purchases the right (but not the obligation) to buy/sell 100 shares of an underlying stock at a predetermined price from/to the option seller (writer) within a fixed period of time.
Southern National Bancorp of Virginia, Inc (SONA) SEC Filings:
An SEC filing is a financial statement or other formal document submitted to the U.S. Securities and Exchange Commission (SEC). Public companies, certain insiders, and broker-dealers are required to make regular SEC filings.
| Date | Form Type | View |
|---|---|---|
| 2020-11-06 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-11-03 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-10-27 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-10-26 | 8-K (Current report) | |
| 2020-10-22 | 8-K (Current report) | |
| 2020-10-13 | 3 (Initial statement of beneficial ownership of securities) | |
| 2020-10-07 | 8-K (Current report) | |
| 2020-09-08 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-08-28 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-08-25 | 8-K (Current report) | |
| 2020-08-24 | 424B5 (Prospectus [Rule 424(b)(5)]) | |
| 2020-08-24 | 3 (Initial statement of beneficial ownership of securities) | |
| 2020-08-24 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-08-24 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-08-21 | FWP (Filing under Securities Act Rules 163/433 of free writing prospectuses) | |
| 2020-08-20 | 3 (Initial statement of beneficial ownership of securities) | |
| 2020-08-20 | 3 (Initial statement of beneficial ownership of securities) | |
| 2020-08-20 | 3 (Initial statement of beneficial ownership of securities) | |
| 2020-08-20 | 3 (Initial statement of beneficial ownership of securities) | |
| 2020-08-19 | 424B5 (Prospectus [Rule 424(b)(5)]) | |
Southern National Bancorp of Virginia, Inc (SONA) Insider Transactions:
Here you will find a list of insider trading activities (stock purchases, sales, and option exercises) reported by insiders of Southern National Bancorp of Virginia, Inc (SONA). Company insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
Insider Ownership: 572%
Institutional Ownership: 6961%
| Transaction Date | Insider Name | Insider Title | Type | Shares Number | Shares Price | Total Transaction | Shares Held After Transaction | Link |
|---|---|---|---|---|---|---|---|---|
| 2020-11-06 | Deborah Diaz | Director | Buy | 1,964.00 | 10.14 | 19,914.17 | 1,964.00 | |
| 2020-10-30 | Clinton Tyler Stafford | Pres Panacea Financial | Buy | 900.00 | 9.71 | 8,735.58 | 1,350.00 | |
| 2020-10-30 | Clinton Tyler Stafford | Pres Panacea Financial | Buy | 450.00 | 9.70 | 4,364.64 | 450.00 | |
| 2020-09-08 | CHARLES A KABBASH | Director | Buy | 120.00 | 9.44 | 1,132.96 | 12,390.00 | |
| 2020-09-08 | CHARLES A KABBASH | Director | Buy | 375.00 | 9.06 | 3,396.49 | 26,855.00 | |
| 2020-09-08 | CHARLES A KABBASH | Director | Buy | 1,100.00 | 8.99 | 9,891.64 | 43,968.00 | |
| 2020-08-28 | Dennis J JR Zember | President/CEO | Buy | 10,000.00 | 8.79 | 87,865.00 | 50,000.00 | |
| 2020-06-18 | CHARLES A KABBASH | Director | Buy | 235.00 | 10.08 | 2,369.51 | 12,270.00 | |
| 2020-06-02 | CHARLES A KABBASH | Director | Buy | 450.00 | 10.69 | 4,810.19 | 42,868.00 | |
| 2020-05-27 | CHARLES A KABBASH | Director | Buy | 95.00 | 11.22 | 1,066.20 | 12,035.00 | |
| 2020-05-27 | CHARLES A KABBASH | Director | Buy | 330.00 | 10.70 | 3,530.93 | 26,480.00 | |
| 2020-05-04 | W. Bruce Jennings | Director | Buy | 2,032.00 | 9.80 | 19,912.58 | 7,642.00 | |
| 2020-05-01 | W. Bruce Jennings | Director | Buy | 2,025.00 | 9.84 | 19,933.09 | 5,610.00 | |
| 2020-03-31 | GEORGIA S DERRICO | Executive Chairman | Buy | 54,000.00 | 554,086.00 | | ||
| 2020-03-13 | Dennis J JR Zember | President and CEO | Buy | 5,000.00 | 10.90 | 54,500.00 | 40,000.00 | |
| 2020-03-10 | CHARLES A KABBASH | Director | Buy | 300.00 | 12.28 | 3,685.08 | 26,150.00 | |
| 2020-03-10 | CHARLES A KABBASH | Director | Buy | 175.00 | 12.36 | 2,162.63 | 42,418.00 | |
| 2020-03-06 | Robert Yates Clagett | Director | Buy | 717.00 | 13.89 | 9,959.13 | 28,708.00 | |
| 2020-03-03 | Robert Yates Clagett | Director | Buy | 692.00 | 14.41 | 9,970.61 | 27,991.00 | |
| 2020-03-03 | CHARLES A KABBASH | Director | Buy | 1,400.00 | 14.80 | 20,720.00 | 42,243.00 | |