Southern National Bancorp: 1Q Earnings Snapshot

Southern National Bancorp: 1Q Earnings Snapshot

MCLEAN, Va. (AP) _ Southern National Bancorp of Virginia Inc. (SONA) on Friday reported first-quarter profit of $6 million.

The McLean, Virginia-based bank said it had earnings of 25 cents per share. Earnings, adjusted for non-recurring costs, were 37 cents per share.

The holding company for Sonabank posted revenue of $33.4 million in the period. Its revenue net of interest expense was $33.4 million, which beat Street forecasts.

Southern National Bancorp shares have climbed 17% since the beginning of the year. In the final minutes of trading on Friday, shares hit $15.46, a drop of almost 3% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SONA at https://www.zacks.com/ap/SONA

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