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Banking & Savings M&A image Banking & Savings M&A » By The Online Investor Staff, updated Fri., Mar. 29, 11:08 AM Recent mergers and acquisitions in the Banking & Savings M&A category.

Slide #93. Southern National Bancorp of Virginia Prince George's Federal Savings Bank

Acquirer: Southern National Bancorp of Virginia (SONA)
Acquiree: Prince George's Federal Savings Bank
Details: Southern National Bancorp of Virginia, Inc. ("Southern National") (Nasdaq:SONA) announced today that net income for the year ended December 31, 2013 was $6.3 million compared to $6.6 million for the year ended December 31, 2012. In addition, Southern National declared a regular quarterly dividend of $.07 per share payable on February 21, 2014 to shareholders of record on February 10, 2014.

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.

Open the SONA Page at The Online Investor »

Company Name:  Primis Financial Corp
Stock buyback:  SONA buyback
Website:  www.sonabank.com
Sector:  Banking & Savings
 

Open the SONA Page at The Online Investor (in a new window) »

March 29, 2024    11:08 AM Eastern
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Buy (3.33 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)

Analysts' Target Price:
SONA Stock Forecast

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