Trading Day: Local SEC filings for 5.3.18

Altria (MO)

The tobacco giant filed its first quarter earnings report. Altria reported $6.1 billion in revenue and a profit of $1.8 billion in the first quarter 2018, up from a profit of $1.4 billion in the same period last year.

Click here to see the full report.

Bay Banks of Virginia (BAYK)

The parent company of Virginia Commonwealth Bank filed its latest proxy statement, disclosing its executive compensation packages for 2017. CEO Randy Greene topped the list with total compensation of $579,000, up from $426,000 in 2016. That 2017 total included a base salary of $323,000, along with $100,000 in incentive pay and $107,000 in other perks. Click here for the full document.

The company will hold its annual shareholders meeting June 11 at 5 p.m. at the Commonwealth Club at 401 W. Franklin St.

Brink’s (BCO)

The armored car giant’s president and CEO Douglas Pertz was awarded 265 shares at $73.80 per share for a total value of $19,557.

Community Bankers Trust (ESXB)

The parent company of Essex Bank reported its first quarter earnings, citing net income of $2.6 million, compared with $2.5 million in the same period last year. Total assets reached $1.35 billion, up $90.5 million from first quarter last year. Click here for the full report.

Dominion (D)

The power utility filed its first quarter earnings report. Dominion reported $3.47 billion in revenue and a profit of $503 million in the first quarter 2018, down from $632 million in profit in the same period last year.

Click here to see the full report.

Dynex Capital (DX)

The mortgage REIT filed its first quarter earnings report. Dynex reported $13.6 million in net interest income and a loss of $4.1 million in the first quarter 2018, down from a profit of $26.6 million in the same period last year.

Dynex attributed the loss to rises in treasury and swap rates. Click here to see the full report.

Genworth Financial (GNW)

The Henrico-based insurer reported its first quarter earnings, with net income of $112 million. That was down from $155 million in the same period last year. Revenue for the quarter was $2.11 billion, up from $1.68 billion. Click here for the full report, which includes an update on the company’s ongoing deal to be acquired by a Chinese conglomerate.

New Market (NEU)

The petroleum-focused holding company filed its first quarter earnings report. New Market reported $589 million in revenue and a profit of $73.8 million in the first quarter 2018, up from a profit of $67.8 million in the same period last year.

Click here to see the full report.

Owens & Minor (OMI)

The healthcare logistics company announced the acquisition of Halyard Health Inc. for $710 million. Click here to read the full release.

Tredegar (TG)

The plastic and aluminum parts manufacturer filed its first quarter earnings report. Tredegar reported $258 million in revenue and a profit of $18.1 million in the first quarter 2018, up from a profit of $3.7 million in the same period last year.

Click here to see the full report.

Village Bank and Trust Financial (VBFC)

The parent of Midlothian-based Village Bank filed its first quarter financials with net income of $299,000. That was up from $257,000 in the first quarter of 2017. Total assets grew to $488 million, up from $451 million. Click here for the full report.

Altria (MO)

The tobacco giant filed its first quarter earnings report. Altria reported $6.1 billion in revenue and a profit of $1.8 billion in the first quarter 2018, up from a profit of $1.4 billion in the same period last year.

Click here to see the full report.

Bay Banks of Virginia (BAYK)

The parent company of Virginia Commonwealth Bank filed its latest proxy statement, disclosing its executive compensation packages for 2017. CEO Randy Greene topped the list with total compensation of $579,000, up from $426,000 in 2016. That 2017 total included a base salary of $323,000, along with $100,000 in incentive pay and $107,000 in other perks. Click here for the full document.

The company will hold its annual shareholders meeting June 11 at 5 p.m. at the Commonwealth Club at 401 W. Franklin St.

Brink’s (BCO)

The armored car giant’s president and CEO Douglas Pertz was awarded 265 shares at $73.80 per share for a total value of $19,557.

Community Bankers Trust (ESXB)

The parent company of Essex Bank reported its first quarter earnings, citing net income of $2.6 million, compared with $2.5 million in the same period last year. Total assets reached $1.35 billion, up $90.5 million from first quarter last year. Click here for the full report.

Dominion (D)

The power utility filed its first quarter earnings report. Dominion reported $3.47 billion in revenue and a profit of $503 million in the first quarter 2018, down from $632 million in profit in the same period last year.

Click here to see the full report.

Dynex Capital (DX)

The mortgage REIT filed its first quarter earnings report. Dynex reported $13.6 million in net interest income and a loss of $4.1 million in the first quarter 2018, down from a profit of $26.6 million in the same period last year.

Dynex attributed the loss to rises in treasury and swap rates. Click here to see the full report.

Genworth Financial (GNW)

The Henrico-based insurer reported its first quarter earnings, with net income of $112 million. That was down from $155 million in the same period last year. Revenue for the quarter was $2.11 billion, up from $1.68 billion. Click here for the full report, which includes an update on the company’s ongoing deal to be acquired by a Chinese conglomerate.

New Market (NEU)

The petroleum-focused holding company filed its first quarter earnings report. New Market reported $589 million in revenue and a profit of $73.8 million in the first quarter 2018, up from a profit of $67.8 million in the same period last year.

Click here to see the full report.

Owens & Minor (OMI)

The healthcare logistics company announced the acquisition of Halyard Health Inc. for $710 million. Click here to read the full release.

Tredegar (TG)

The plastic and aluminum parts manufacturer filed its first quarter earnings report. Tredegar reported $258 million in revenue and a profit of $18.1 million in the first quarter 2018, up from a profit of $3.7 million in the same period last year.

Click here to see the full report.

Village Bank and Trust Financial (VBFC)

The parent of Midlothian-based Village Bank filed its first quarter financials with net income of $299,000. That was up from $257,000 in the first quarter of 2017. Total assets grew to $488 million, up from $451 million. Click here for the full report.

This story is for our paid subscribers only. Please become one of the thousands of BizSense Pro readers today!

Your subscription has expired. Renew now by choosing a subscription below!

For more informaiton, head over to your profile.

Profile


SUBSCRIBE NOW

 — 

 — 

 — 

TERMS OF SERVICE:

ALL MEMBERSHIPS RENEW AUTOMATICALLY. YOU WILL BE CHARGED FOR A 1 YEAR MEMBERSHIP RENEWAL AT THE RATE IN EFFECT AT THAT TIME UNLESS YOU CANCEL YOUR MEMBERSHIP BY LOGGING IN OR BY CONTACTING [email protected].

ALL CHARGES FOR MONTHLY OR ANNUAL MEMBERSHIPS ARE NONREFUNDABLE.

EACH MEMBERSHIP WILL ONLY FUNCTION ON UP TO 3 MACHINES. ACCOUNTS ABUSING THAT LIMIT WILL BE DISCONTINUED.

FOR ASSISTANCE WITH YOUR MEMBERSHIP PLEASE EMAIL [email protected]




Return to Homepage

Subscribe
Notify of
guest

0 Comments
oldest
newest most voted
Inline Feedbacks
View all comments