Altria (MO)
The tobacco giant reported net revenues of $6.1 billion in the fourth quarter of 2022, a 2.3 percent decrease compared to the same period the previous year.
The company also recently shared its 2022 full-year results, and reported net revenues of $25.1 billion (a 3.5 percent decrease compared to the previous year).
Atlantic Union Bankshares (AUB)
The bank reported its fourth quarter and year-end 2022 financials here. It posted net income for the quarter of $70.52 million and $234.51 million for the full year.
AUB named Matt Linderman as its new chief information officer. Linderman, 48, most recently was chief technology officer at PNC Financial Services Group and also previously worked at CarMax and Capital One. He is a graduate of Virginia Military Institute and a veteran of the U.S. Army Reserve.
The bank announced a quarterly dividend of $0.30 per share of common stock, payable on Feb. 24 to shareholders of record as of Feb. 10. It also announced a quarterly dividend on its preferred stock of $171.88 per share payable on March 1 to holders of record as of Feb. 14.
Brink’s (BCO)
The armored car giant announced that Rohan Pal stepped down as executive vice president, chief information officer and chief digital officer effective Jan. 31.
C&F Financial (CFFI)
The parent of C&F Bank reported its fourth quarter and year-end 2022 financials here. It posted net income for the quarter of $10.3 million and $29.36 million for the full year.
The company appointed Dr. Julie R. Agnew to its board of directors, effective Jan. 17. Agnew previously served as a C&F director from 2017 through August, 2022 when she took a job with an investment manager which precluded her service as a director for any company whose stock is publicly traded. She recently returned to academia full-time as the Richard C. Kraemer Term Professor of Business at William & Mary’s Raymond A. Mason School of Business. She previously worked as an analyst in investment banking for Salomon Brothers in New York City.
Dominion (D)
The power utility announced a $42 million net loss for the fourth quarter 2022. The company reported a net income of $1.3 billion for the same period the previous year. Dominion also reported net income of $993 million for the year 2022. In 2021, the company had a net income of $3.3 billion.
Dynex Capital (DX)
The mortgage REIT reported net income of $41.4 million for the fourth quarter of 2022. The company reported net income of $135.5 million for 2022.
Genworth Financial (GNW)
The Henrico-based insurer announced that CFO and CIO Daniel Sheehan IV will be transitioning out of his current role in early March 2023 but will remain with the company in an advisory role until March 31.
The Company will appoint Jerome Upton as the new CFO. Upton has been deputy CFO and controller at Genworth since April 2022.
The company posted its fourth quarter and year-end earnings here. Its net income for the quarter was $175 million. Net income for the year was $609 million.
Hamilton Beach Brands (HBB)
The electrical products supplier appointed Sally Cunningham, 48, to be CFO of the company effective March 17. Cunningham is scheduled to join the company as senior financial advisor Feb. 13 and will hold that position until the effective date of her appointment as CFO. See full announcement here.
Markel (MKL)
The insurance underwriter reported net income of $671.7 million for the fourth quarter of 2022. For the same period in 2021, the company reported net income of $853.1 million. The company reported a net loss of $250.1 million for the entire year 2022. The previous year it reported a net income of $2.4 billion.
CEO Thomas Gayner bought 25 shares at $1,317 per share for a total of $32,925. Gayner directly owns 42,108 shares of common stock.
The company recently announced Teresa Gendron will be its new CFO effective March 20. Gendron, 53, comes to Markel from Jefferies Financial Group, where she is vice president and CFO. See announcement here.
New Market (NEU)
The petroleum-focused holding company reported $90.5 million in net income for the fourth quarter of 2022. For the same period the previous year, the company reported net income of $17.2 million.
The company also recently reported 2022 full-year net income of $279.5 million, compared to a 2021 full-year net income of $190.9 million.
Director James Rogers sold 393 shares at $360 per share for a total of $141,480. Rogers directly owns 3,205 shares of common stock.
Tredegar (TG)
The plastic and aluminum parts manufacturer reported a net income of $71 million for its fiscal year 2023 second quarter, which ended Dec. 31. During the same period of the previous fiscal year, the company reported a net income of $8.4 million.
Executive Vice President Patrick Hagerty sold 500 shares at about $61 per share for a total of $30,500. Hagerty directly owns 154,290 shares of common stock.
Universal Corp. (UVV)
The tobacco company on Jan. 31 appointed Arthur Schick as a director effective April 1 and increased the size of the board of directors to nine members. Schick, 66, is a former PepsiCo. executive, according to Universal Corp.’s announcement Full announcement here.
Village Bank and Trust Financial (VBFC)
The Midlothian-based bank posted its fourth quarter and year-end 2022 earnings here. Net income for the quarter was $2.16 million. Net income for the year was $8.3 million.
Altria (MO)
The tobacco giant reported net revenues of $6.1 billion in the fourth quarter of 2022, a 2.3 percent decrease compared to the same period the previous year.
The company also recently shared its 2022 full-year results, and reported net revenues of $25.1 billion (a 3.5 percent decrease compared to the previous year).
Atlantic Union Bankshares (AUB)
The bank reported its fourth quarter and year-end 2022 financials here. It posted net income for the quarter of $70.52 million and $234.51 million for the full year.
AUB named Matt Linderman as its new chief information officer. Linderman, 48, most recently was chief technology officer at PNC Financial Services Group and also previously worked at CarMax and Capital One. He is a graduate of Virginia Military Institute and a veteran of the U.S. Army Reserve.
The bank announced a quarterly dividend of $0.30 per share of common stock, payable on Feb. 24 to shareholders of record as of Feb. 10. It also announced a quarterly dividend on its preferred stock of $171.88 per share payable on March 1 to holders of record as of Feb. 14.
Brink’s (BCO)
The armored car giant announced that Rohan Pal stepped down as executive vice president, chief information officer and chief digital officer effective Jan. 31.
C&F Financial (CFFI)
The parent of C&F Bank reported its fourth quarter and year-end 2022 financials here. It posted net income for the quarter of $10.3 million and $29.36 million for the full year.
The company appointed Dr. Julie R. Agnew to its board of directors, effective Jan. 17. Agnew previously served as a C&F director from 2017 through August, 2022 when she took a job with an investment manager which precluded her service as a director for any company whose stock is publicly traded. She recently returned to academia full-time as the Richard C. Kraemer Term Professor of Business at William & Mary’s Raymond A. Mason School of Business. She previously worked as an analyst in investment banking for Salomon Brothers in New York City.
Dominion (D)
The power utility announced a $42 million net loss for the fourth quarter 2022. The company reported a net income of $1.3 billion for the same period the previous year. Dominion also reported net income of $993 million for the year 2022. In 2021, the company had a net income of $3.3 billion.
Dynex Capital (DX)
The mortgage REIT reported net income of $41.4 million for the fourth quarter of 2022. The company reported net income of $135.5 million for 2022.
Genworth Financial (GNW)
The Henrico-based insurer announced that CFO and CIO Daniel Sheehan IV will be transitioning out of his current role in early March 2023 but will remain with the company in an advisory role until March 31.
The Company will appoint Jerome Upton as the new CFO. Upton has been deputy CFO and controller at Genworth since April 2022.
The company posted its fourth quarter and year-end earnings here. Its net income for the quarter was $175 million. Net income for the year was $609 million.
Hamilton Beach Brands (HBB)
The electrical products supplier appointed Sally Cunningham, 48, to be CFO of the company effective March 17. Cunningham is scheduled to join the company as senior financial advisor Feb. 13 and will hold that position until the effective date of her appointment as CFO. See full announcement here.
Markel (MKL)
The insurance underwriter reported net income of $671.7 million for the fourth quarter of 2022. For the same period in 2021, the company reported net income of $853.1 million. The company reported a net loss of $250.1 million for the entire year 2022. The previous year it reported a net income of $2.4 billion.
CEO Thomas Gayner bought 25 shares at $1,317 per share for a total of $32,925. Gayner directly owns 42,108 shares of common stock.
The company recently announced Teresa Gendron will be its new CFO effective March 20. Gendron, 53, comes to Markel from Jefferies Financial Group, where she is vice president and CFO. See announcement here.
New Market (NEU)
The petroleum-focused holding company reported $90.5 million in net income for the fourth quarter of 2022. For the same period the previous year, the company reported net income of $17.2 million.
The company also recently reported 2022 full-year net income of $279.5 million, compared to a 2021 full-year net income of $190.9 million.
Director James Rogers sold 393 shares at $360 per share for a total of $141,480. Rogers directly owns 3,205 shares of common stock.
Tredegar (TG)
The plastic and aluminum parts manufacturer reported a net income of $71 million for its fiscal year 2023 second quarter, which ended Dec. 31. During the same period of the previous fiscal year, the company reported a net income of $8.4 million.
Executive Vice President Patrick Hagerty sold 500 shares at about $61 per share for a total of $30,500. Hagerty directly owns 154,290 shares of common stock.
Universal Corp. (UVV)
The tobacco company on Jan. 31 appointed Arthur Schick as a director effective April 1 and increased the size of the board of directors to nine members. Schick, 66, is a former PepsiCo. executive, according to Universal Corp.’s announcement Full announcement here.
Village Bank and Trust Financial (VBFC)
The Midlothian-based bank posted its fourth quarter and year-end 2022 earnings here. Net income for the quarter was $2.16 million. Net income for the year was $8.3 million.