Altria (MO)
The tobacco giant filed its second quarter earnings report, posting $6.6 billion in revenue and a profit of $1.9 billion. That’s up from a profit of $1.6 billion in the same period last year. Click here for the full report.
Altria also filed its 10-Q, providing further details from its quarterly report. Click here for the full document.
Bay Banks of Virginia (BAYK)
The parent of Virginia Commonwealth Bank released its second quarter earnings, reporting net income of $1.7 million, up from $946,000 in the same period last year. Click here for the full report.
Brink’s (BCO)
The armored car giant announced that it had $29 million worth of gold stolen in Brazil in July. Brink’s said the theft was covered by insurance and that it will not have an impact on its financial results. Click here for the full announcement.
Brink’s also filed its 10-Q, providing further details from its previously-filed quarterly report. Click here for the full document.
Community Bankers Trust (ESXB)
The parent of Essex Bank released its second quarter earnings, reporting net income of $3.54 million, compared to $3.78 million in the same period of 2018. Click here for the full report.
Dominion (D)
The utility filed its second quarter earnings, reporting $3.9 billion in revenue and a profit of $54 million, down from a profit of $449 million in the same period last year. Click here for the full report.
Dynex Capital (DX)
The mortgage REIT filed its second quarter earnings, reporting $43.7 million in revenue and a loss of $11.1 million, down from a profit of $2.9 million in the same period last year. Click here for the full report.
Genworth Financial (GNW)
The insurer released its second quarter earnings, reporting net income of $168 million, down from $190 million in the same period last year. It also reiterated that it is actively soliciting interest from prospective buyers for its Canadian mortgage insurance unit, which is sees as a way to get its long-pending deal with China Oceanwide to the finish line. Click here for the full quarterly report.
Markel (MKL)
The insurance underwriter filed its 10-Q, providing further details from its previously-filed quarterly report. Click here for the full document.
Medalist Diversified REIT (MDRR)
The commercial real estate-focused REIT has appointed Mark Mullinix and Dianne Raedle. Mullinix was formerly the interim CEO of the Federal Reserve Bank in Richmond and Raedle is CEO of investment banking firm Deer Isle. Click here for the full announcement.
Southern National Bancorp (SONA)
The parent of Henrico-based Sonabank released its second quarter earnings, reporting net income of $9.3 million, compared to $8.9 million a year ago. Click here for the full report.
Universal Corp. (UVV)
The tobacco company announced the date of its annual shareholders meeting, to be held Aug. 28 at Universal’s headquarters at 9201 Forest Hill Ave. Click here for the full announcement.
Village Bank and Trust Financial (VBFC)
The parent of Village Bank released its second quarter earnings, reporting net income of $637,000, compared to $641,000 a year ago. It said its numbers were impacted by a one-time expense related to its largest shareholder, Ken Lehman, acquiring additional shares that put him at more than 50 percent ownership of the company. Crossing that threshold triggered certain change in control provisions in Village’s executive compensation plans.
Altria (MO)
The tobacco giant filed its second quarter earnings report, posting $6.6 billion in revenue and a profit of $1.9 billion. That’s up from a profit of $1.6 billion in the same period last year. Click here for the full report.
Altria also filed its 10-Q, providing further details from its quarterly report. Click here for the full document.
Bay Banks of Virginia (BAYK)
The parent of Virginia Commonwealth Bank released its second quarter earnings, reporting net income of $1.7 million, up from $946,000 in the same period last year. Click here for the full report.
Brink’s (BCO)
The armored car giant announced that it had $29 million worth of gold stolen in Brazil in July. Brink’s said the theft was covered by insurance and that it will not have an impact on its financial results. Click here for the full announcement.
Brink’s also filed its 10-Q, providing further details from its previously-filed quarterly report. Click here for the full document.
Community Bankers Trust (ESXB)
The parent of Essex Bank released its second quarter earnings, reporting net income of $3.54 million, compared to $3.78 million in the same period of 2018. Click here for the full report.
Dominion (D)
The utility filed its second quarter earnings, reporting $3.9 billion in revenue and a profit of $54 million, down from a profit of $449 million in the same period last year. Click here for the full report.
Dynex Capital (DX)
The mortgage REIT filed its second quarter earnings, reporting $43.7 million in revenue and a loss of $11.1 million, down from a profit of $2.9 million in the same period last year. Click here for the full report.
Genworth Financial (GNW)
The insurer released its second quarter earnings, reporting net income of $168 million, down from $190 million in the same period last year. It also reiterated that it is actively soliciting interest from prospective buyers for its Canadian mortgage insurance unit, which is sees as a way to get its long-pending deal with China Oceanwide to the finish line. Click here for the full quarterly report.
Markel (MKL)
The insurance underwriter filed its 10-Q, providing further details from its previously-filed quarterly report. Click here for the full document.
Medalist Diversified REIT (MDRR)
The commercial real estate-focused REIT has appointed Mark Mullinix and Dianne Raedle. Mullinix was formerly the interim CEO of the Federal Reserve Bank in Richmond and Raedle is CEO of investment banking firm Deer Isle. Click here for the full announcement.
Southern National Bancorp (SONA)
The parent of Henrico-based Sonabank released its second quarter earnings, reporting net income of $9.3 million, compared to $8.9 million a year ago. Click here for the full report.
Universal Corp. (UVV)
The tobacco company announced the date of its annual shareholders meeting, to be held Aug. 28 at Universal’s headquarters at 9201 Forest Hill Ave. Click here for the full announcement.
Village Bank and Trust Financial (VBFC)
The parent of Village Bank released its second quarter earnings, reporting net income of $637,000, compared to $641,000 a year ago. It said its numbers were impacted by a one-time expense related to its largest shareholder, Ken Lehman, acquiring additional shares that put him at more than 50 percent ownership of the company. Crossing that threshold triggered certain change in control provisions in Village’s executive compensation plans.