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Southern National Bancorp of Virginia, Inc. (SONA)

Stock Price: $8.48 USD 0.06 (0.71%)
Updated Aug 3, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 206.59M
Revenue (ttm) 87.72M
Net Income (ttm) 27.17M
Shares Out 24.36M
EPS (ttm) 0.92
PE Ratio 9.22
Forward PE 10.01
Dividend $0.40
Dividend Yield 4.72%

Stock Quote

Trading Day Aug 3, 2020
Last Price $8.48
Previous Close $8.42
Change ($) 0.06
Change (%) 0.71%
Day's Open 8.49
Day's Range 8.35 - 8.58
Day's Volume 62,411
52-Week Range 7.58 - 16.85

More Stats

Market Cap 206.59M
Enterprise Value 434.24M
Earnings Date (est) Oct 22, 2020
Ex-Dividend Date May 8, 2020
Shares Outstanding 24.36M
Float 18.45M
EPS (basic) 1.13
EPS (diluted) 0.92
FCF / Share 1.40
Dividend $0.40
Dividend Yield 4.72%
Earnings Yield 10.85%
FCF Yield 16.40%
Payout Ratio 32.70%
Shares Short 167,576
Short Ratio 2.20
Short % of Float 1.09%
Beta 1.02
PE Ratio 9.22
Forward PE 10.01
P/FCF Ratio 6.10
PS Ratio 2.36
PB Ratio 0.54
Revenue 87.72M
Operating Income 31.75M
Net Income 27.17M
Free Cash Flow 33.89M
Net Cash -227.65M
Net Cash / Share -9.34
Gross Margin 109.25%
Operating Margin 36.20%
Profit Margin 29.60%
FCF Margin 38.63%
ROA 0.78%
ROE 6.06%
ROIC 1.10%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (2)

Buy 1
Overweight 0
Hold 1
Underweight 0
Sell 0

Analyst Consensus: Overweight

Price Target

$15.00*
(76.89% upside)
Low
11.0
Current: $8.48
High
19.0
Target: 15.00
*Average 12-month price target from 2 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue95.8497.0764.7238.2237.2332.3428.5931.1321.2920.13
Revenue Growth-1.27%49.97%69.33%2.65%15.14%13.13%-8.18%46.26%5.76%-
Gross Profit95.8497.0764.7238.2237.2332.3428.5931.1321.2920.13
Operating Income39.2443.3115.5715.4113.9611.249.299.686.095.93
Net Income33.1733.692.4310.319.297.486.266.574.404.05
Shares Outstanding24.1824.0523.9212.2612.2012.2011.5911.5911.5911.59
Earnings Per Share1.361.390.130.830.750.630.540.570.380.35
EPS Growth-2.16%969.23%-84.34%10.67%19.05%16.67%-5.26%50%8.57%-
Dividend Per Share0.360.320.320.320.520.600.250.25--
Dividend Growth12.5%0%0%-38.46%-13.33%140%2.04%---
Operating Cash Flow36.7641.4424.5918.0212.2211.495.8510.8413.152.84
Capital Expenditures-1.100.16-1.39-0.14-0.31-0.90-0.44-0.79-0.52-1.97
Free Cash Flow35.6641.6023.2017.8811.9110.595.4110.0412.630.87
Cash & Equivalents31.9328.6125.4647.3930.3438.3220.8639.205.049.75
Total Debt20023940895.0084.3854.0464.8063.6647.7458.91
Net Cash / Debt-168-210-382-47.61-54.05-15.72-43.94-24.46-42.70-49.16
Assets2,7222,7012,6141,1421,036917716724611587
Liabilities2,3452,3532,2911,016916803610621512492
Book Value37734832312612011410710399.0594.33
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Southern National Bancorp of Virginia, Inc.
Country United States
Employees 350
CEO Dennis J. Zember

Stock Information

Ticker Symbol SONA
Stock Exchange NASDAQ
Sector Financial Services
Industry Banks—Regional
Unique Identifier NASDAQ: SONA
IPO Date November 1, 2006

Description

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 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.