Altria (MO)
The tobacco giant reported its fourth quarter and year-end earnings for 2016. Fourth quarter revenues totaled $6.25 billion, down from $6.31 billion the same three months of 2015. Profits for the quarter totaled $10.27 billion, compared to $1.24 billion the year before. Year-end revenues totaled $25.74 billion, up from $25.43 billion in 2015. Profits for the year totaled $14.24 billion, compared to $5.24 billion in 2015.
Several executives were awarded additional shares of stock. CEO Martin Barrington received 54,849 shares, bringing his total amount of directly owned shares to 856,507.
C&F Financial (CFFI)
The parent of C&F Bank reported its fourth quarter and year-end 2016 financials. It cited net income for the quarter of $3.1 million, up from $2.3 million in the same period of 2015. Net income for the full year was $13.5 million, up $1 million from 2015. The company’s total assets grew to $1.45 billion at year’s end, up from $1.4 billion. Read the full earnings report here.
CarMax (KMX)
Senior VP Jon Daniels exercised options for 20,000 shares of common stock, selling them at $68.72 per share for a total of $1,374,400.
COO William Wood Jr. sold 6,203 shares of common stock at $66.24 per share for a total of $410,886.
Community Bankers Trust (ESXB)
The parent of Essex Bank filed its fourth quarter and year-end 2016 financials. Its net income for the quarter was $2.72 million, up from $2.21 million a year earlier. Its full year net income was $9.92 million, compared to a loss of $2.49 million in 2015. Its total assets reached $1.24 billion, an increase over the year from $1.18 billion. Read the full report here.
Dominion (D)
The power utility reported its fourth quarter and year-end earnings for 2016. Fourth quarter revenues totaled $3.08 billion, up from $2.55 billion the same quarter of 2015. Profits for the quarter totaled $457 million, up from $357 million the year before. Year-end revenues totaled $11.73 billion, up from $11.68 billion in 2015. Profits for the year totaled $2.12 billion, up from $1.89 billion in 2015.
New Market (NEU)
The petroleum-focused holding company reported its fourth quarter and year-end earnings for 2016. Fourth quarter revenues totaled $501.6 million, up from $479.6 million in 2015. Profits for the quarter totaled $45.6 million, down from $53.9 million the year before. Year-end revenues totaled $2.04 billion, down from $2.14 billion in 2015. Profits for the year totaled $243.4 million, up from $238.6 million the year before.
Union Bankshares (UBSH)
The parent of Union Bank & Trust declared a quarterly dividend of $0.20 per share.
Village Bank and Trust Financial (VBFC)
The parent of Midlothian-based Village Bank filed its fourth quarter and year-end 2016 financials with net income for the quarter $330,000, up from a loss of $78,000 a year prior. Full-year net income $12.77 million, up from $6.59 million in 2015. Its total assets grew to $444.8 million, up from $419.94 million. The full earnings report can be found here.
Altria (MO)
The tobacco giant reported its fourth quarter and year-end earnings for 2016. Fourth quarter revenues totaled $6.25 billion, down from $6.31 billion the same three months of 2015. Profits for the quarter totaled $10.27 billion, compared to $1.24 billion the year before. Year-end revenues totaled $25.74 billion, up from $25.43 billion in 2015. Profits for the year totaled $14.24 billion, compared to $5.24 billion in 2015.
Several executives were awarded additional shares of stock. CEO Martin Barrington received 54,849 shares, bringing his total amount of directly owned shares to 856,507.
C&F Financial (CFFI)
The parent of C&F Bank reported its fourth quarter and year-end 2016 financials. It cited net income for the quarter of $3.1 million, up from $2.3 million in the same period of 2015. Net income for the full year was $13.5 million, up $1 million from 2015. The company’s total assets grew to $1.45 billion at year’s end, up from $1.4 billion. Read the full earnings report here.
CarMax (KMX)
Senior VP Jon Daniels exercised options for 20,000 shares of common stock, selling them at $68.72 per share for a total of $1,374,400.
COO William Wood Jr. sold 6,203 shares of common stock at $66.24 per share for a total of $410,886.
Community Bankers Trust (ESXB)
The parent of Essex Bank filed its fourth quarter and year-end 2016 financials. Its net income for the quarter was $2.72 million, up from $2.21 million a year earlier. Its full year net income was $9.92 million, compared to a loss of $2.49 million in 2015. Its total assets reached $1.24 billion, an increase over the year from $1.18 billion. Read the full report here.
Dominion (D)
The power utility reported its fourth quarter and year-end earnings for 2016. Fourth quarter revenues totaled $3.08 billion, up from $2.55 billion the same quarter of 2015. Profits for the quarter totaled $457 million, up from $357 million the year before. Year-end revenues totaled $11.73 billion, up from $11.68 billion in 2015. Profits for the year totaled $2.12 billion, up from $1.89 billion in 2015.
New Market (NEU)
The petroleum-focused holding company reported its fourth quarter and year-end earnings for 2016. Fourth quarter revenues totaled $501.6 million, up from $479.6 million in 2015. Profits for the quarter totaled $45.6 million, down from $53.9 million the year before. Year-end revenues totaled $2.04 billion, down from $2.14 billion in 2015. Profits for the year totaled $243.4 million, up from $238.6 million the year before.
Union Bankshares (UBSH)
The parent of Union Bank & Trust declared a quarterly dividend of $0.20 per share.
Village Bank and Trust Financial (VBFC)
The parent of Midlothian-based Village Bank filed its fourth quarter and year-end 2016 financials with net income for the quarter $330,000, up from a loss of $78,000 a year prior. Full-year net income $12.77 million, up from $6.59 million in 2015. Its total assets grew to $444.8 million, up from $419.94 million. The full earnings report can be found here.