The armored car giant reported its first quarter earnings for 2017. Revenues totaled $788.4 million, up from $721.8 million the same quarter last year and $776.1 million in 2015. Profits totaled $40.5 million, up from a loss of $500,000 last year.
The used car retailer filed its annual report for 2017. Revenues totaled $15.87 billion, up from $15.14 billion the year before and $10.96 billion five years before. Profits totaled $627 million, up from $623 million last year and $434 million five years before.
The company’s board of directors elected Sona Chawla, 49, chief operating officer of Kohl’s. She previously served at Walgreens as president of digital and chief marketing officer and as president, e-commerce.
C&F Financial (CFFI)
The company filed its first quarter financials, citing net income for the three months of $2.7 million, up from $2.5 million in the same period last year. Its total assets grew to $1.46 billion, up from $1.4 billion. Total loans were $964.05 million, up from $889.17 million. Total deposits grew to $1.13 billion from $1.07 billion. Read the full earnings report here.
The parent of C&F Bank held its annual shareholders meeting on April 18. Matters voted upon included: the election of five directors and the appointment of Yount, Hyde & Barbour as the company’s independent registered public accountant for the fiscal year ending December 31, 2017. See the full voting results here.
Community Bankers Trust (ESXB)
The parent of Essex Bank filed its latest proxy statement, disclosing the annual pay packages paid to its top executives in 2016. Among them, CEO Rex Smith received total compensation valued at approximately $880,000, up from $623,000 in 2015. His 2016 totals included a base salary of $402,000, $130,000 in options and incentive pay, and other perks. See the full pay table on Page 28 here.
Eastern Virginia Bankshares (EVBS)
Net income of $1.78 million, down from $2.22 million in the same period of 2016, citing, in part, intense competition for commercial loans which pushed down yields, as well as expenses related to its pending merger with Southern National Bancorp of Virginia. Read the full earnings report here.
The insurance underwriter reported its first quarter earnings for 2017. Revenues totaled $1.41 billion, up from $1.37 billion the year before. Profits totaled $71 million, down from $163.6 million in 2016.
New Market (NEU)
The petroleum-focused holding company reported its first quarter earnings for 2017. Revenue totaled $542.8 million, up from $509.9 million in 2016. Profits totaled $63.9 million, up from $61.9 million the year before.
The packaging giant reported its first quarter earnings for 2017. Revenues totaled $3.65 billion, up from $3.49 billion in 2016. Profits totaled $103.1 million, up from $56.9 million the year before.