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Southern National Bancorp posts 1Q profit

MCLEAN, Va. (AP) _ Southern National Bancorp of Virginia Inc. (SONA) on Thursday reported first-quarter profit of $2.1 million.

The McLean, Virginia-based bank said it had earnings of 16 cents per share. Earnings, adjusted for one-time gains and costs, came to 19 cents per share.

The holding company for Sonabank posted revenue of $12.5 million in the period. Its adjusted revenue was $9.8 million.

Southern National Bancorp shares have increased 13 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $18.41, a climb of 48 percent in the last 12 months.


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


Keywords: Southern National Bancorp, Earnings Report