MCLEAN, Va. (AP) _ Southern National Bancorp of Virginia Inc. (SONA) on Thursday reported fourth-quarter earnings of $9 million.
The McLean, Virginia-based bank said it had earnings of 37 cents per share.
The holding company for Sonabank posted revenue of $32.7 million in the period. Its revenue net of interest expense was $24 million, beating Street forecasts.
For the year, the company reported profit of $33.2 million, or $1.36 per share. Revenue was reported as $96.2 million.
Southern National Bancorp shares have dropped almost 7% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $15.23, a rise of nearly 3% in the last 12 months.