The tobacco giant filed its fourth quarter 2021 earnings report. The company reported $6.3 billion in net revenues for the period, down 0.8 percent from its net revenues for the same period the previous year.
The company has also filed its full-year results for 2021. The company reported $26 billion in net revenues, down 0.5 percent from its net revenues in 2020.
Dinyar S. Devitre has notified the company that he plans to retire from the board of directors at the end of his current term. Devitre has been on the board since 2008.
The IT service and staffing company posted its fourth quarter and year-end earnings for 2021, citing net income for the quarter of $85 million and $409 million for the year. Click here for the full report.
Atlantic Union Bankshares (AUB)
The parent of Atlantic Union Bank posted its fourth quarter and year-end earnings. It reported net income for the quarter of $47 million and $263 million for the year. Click here for a presentation.
The company declared a quarterly dividend of $0.28 per share of common stock, payable on Feb. 25, to shareholders of record as of Feb. 11. It also declared a quarterly dividend on the outstanding shares of the its series A preferred stock. The dividend of $171.88 per share is payable on March 1, to holders of record as of Feb. 14.
Maria Tedesco, who was last month was appointed as the company’s COO, in addition to her role as president, received a pay raise in line with her responsibilities. Her base salary is now $606,000.
C&F Financial (CFFI)
The parent of C&F Bank posted its 2021 fourth quarter and year-end earnings. Net income for the quarter was $6.04 million. Net income for the year was $29 million. Click here for the full report.
Dynex Capital (DX)
The mortgage REIT filed its fourth quarter and full-year 2021 earnings report.
In the fourth quarter 2021, the company reported a net interest income of $15.6 million, which was a $1.2 million increase compared to the third quarter of 2021. Net interest income for 2021 was $54.4 million, compared to $63.9 million in 2020.
CEO Byron L. Boston bought 12,600 shares at about $16 per share for a total of $201,600. Boston directly owns 358,177 shares of common stock.
Genworth Financial (GNW)
The insurer released its year-end financials, posting net income for the fourth quarter of $163 million and $904 million for the full year. Click here for the full report.
The insurance underwriter filed its annual earnings report for 2021. The company reported $6.5 billion in earned premiums, up from $5.6 billion in earned premiums in 2020.
Medalist Diversified REIT (MDRR)
The commercial real estate-focused REIT posted an investor presentation, which can be found here.
New Market (NEU)
The petroleum-focused holding company filed its earnings report for the fourth quarter 2021 as well as its year-end earnings reporter for 2021.
The company reported $17.2 million in net income for the quarter, compared to $66.9 million in net income for the same period the previous year. The company’s net income last year was $190.9 million, down from $270.6 million in 2020.
Owens & Minor (OMI)
The health care logistics company announced that President of Global Products Christopher Lowery will leave the company effective March 31. COO Jeffrey Jochims will take on Lowery’s role. See the full announcement here.
Village Bank and Trust Financial (VBFC)
The Midlothian-based bank reported fourth quarter 2021 net income of $2.23 million and full-year 2021 net income of $12.45 million. Click here for the full earnings report.