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SONA Buyback image

Southern National Bancorp of Virginia Inc. Buyback

OLI recorded this information on 10/24/2013

Company: Southern National Bancorp of Virginia Inc.
Buyback: SONA buyback
Share Amount Authorized: 5%
Buyback Details: The Board of Directors has approved a share repurchase plan under which the company may buy back up to 5% of its outstanding common shares. Georgia Derrico stated, "We are pleased to announce this buy back program. Repurchasing shares underscores our commitment to enhancing shareholder value."

Southern National Bancorp of Virginia is a bank holding company. Through its subsidiary, Sonabank, Co. provides financial services to individuals and small and medium sized businesses. Co. focuses on making loans secured primarily by commercial real estate and other types of secured and unsecured commercial loans to small and medium-sized businesses, as well as loans to individuals. Co. is a Small Business Administration lender. Co. also invests in real estate-related securities, including collateralized mortgage obligations and agency mortgage backed securities. In addition, Co. provides deposit products, including checking (NOW), savings, money market accounts and certificates of deposit.
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SONA — Key Stats (updated Wed., Mar. 31, 10:22 AM)
Company Name:  Primis Financial Corp
Stock buyback:  SONA buyback
Website:  www.sonabank.com
Sector:  Banking & Savings
 

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April 28, 2024  •  10:09 PM Eastern
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Avg. Broker Rec.

Buy (3.33 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)

Analysts' Target Price:
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