StellarOne Corporation

StellarOne Corporation Reports First Quarter Earnings of $0.26 per Diluted Share, Increases Quarterly Dividend by 25%

CHARLOTTESVILLE, Va., April 25, 2013 (GLOBE NEWSWIRE) -- StellarOne Corporation (Nasdaq:STEL) ("StellarOne"), today reported first quarter 2013 net income of $5.9 million, or $0.26 net income per diluted share. This represents a 7.5% increase over net income of $5.5 million or $0.24 per diluted share recognized during the same quarter in the prior year.

StellarOne Corporation

StellarOne Corporation Announces Earnings Call

CHARLOTTESVILLE, Va., April 8, 2013 (GLOBE NEWSWIRE) -- StellarOne Corporation (Nasdaq:STEL) today announced that it will release its first quarter 2013 results on Thursday, April 25, 2013, before the market opens. StellarOne Corporation's management will also host a webcast and conference call in connection with its earnings announcement at 10:00 a.m. Eastern Time to discuss results and answer questions.

StellarOne Corporation

StellarOne Corporation Declares Quarterly Cash Dividend

CHARLOTTESVILLE, Va., Jan. 25, 2013 (GLOBE NEWSWIRE) -- StellarOne Corporation (Nasdaq:STEL) (StellarOne), announced today that its Board of Directors approved a quarterly cash dividend in the amount of $0.08 per share payable on February 25, 2013 to shareholders of record as of February 6, 2013. The payment represents an annual yield to shareholders of approximately 2.3% based on the closing price of StellarOne stock on January 24, 2013.

StellarOne Corporation

StellarOne Reports Annual Earnings of $22.2 Million; Fourth Quarter Earnings Up 30.4% to $6.2 Million or $0.27 Per Diluted Common Share

CHARLOTTESVILLE, Va., Jan. 24, 2013 (GLOBE NEWSWIRE) -- StellarOne Corporation (Nasdaq:STEL) ("StellarOne"), today reported fourth quarter 2012 net income available to common shareholders of $6.2 million, or $0.27 net income per diluted common share. This represents a 30.4% increase over net income of $4.8 million or $0.17 per diluted common share recognized during the same quarter in the prior year. Full year 2012 earnings available to common shareholders were $22.2 million or $0.96 per diluted common share, up 65% compared to $13.4 million or $0.59 per diluted common share in 2011.

StellarOne Corporation

StellarOne Bank and Village Bank Announce Branch Purchase and Assumption Agreement

CHARLOTTESVILLE, Va., Jan. 18, 2013 (GLOBE NEWSWIRE) -- StellarOne Corporation (Nasdaq:STEL) (StellarOne) and Village Bank and Trust Financial Corp. (Nasdaq:VBFC) (Village) today jointly announced that its banking subsidiaries, StellarOne Bank and Village Bank, have entered into a purchase and assumption agreement for StellarOne Bank to purchase the Village Bank branch located at 11450 Robious Road in Richmond, Virginia.

StellarOne Corporation

StellarOne Corporation Announces Earnings Call

CHARLOTTESVILLE, Va., Jan. 8, 2013 (GLOBE NEWSWIRE) -- StellarOne Corporation (Nasdaq:STEL) today announced that it will release its fourth quarter 2012 results on Thursday, January 24, 2013, before the market opens. StellarOne Corporation's management will also host a webcast and conference call in connection with its earnings announcement at 10:00 a.m. Eastern Time to discuss results and answer questions.

StellarOne Corporation

StellarOne Corporation Announces Share Repurchase Program

CHARLOTTESVILLE, Va., Dec. 19, 2012 (GLOBE NEWSWIRE) -- StellarOne Corporation (Nasdaq:STEL) (StellarOne), announced today that its Board of Directors approved a share repurchase program authorizing 1,500,000 shares for repurchase at management's discretion. Such shares represent approximately 6% of the total shares outstanding at September 30, 2012.

StellarOne Corporation

StellarOne Corporation Reports Third Quarter Earnings and Increases Quarterly Dividend Rate

CHARLOTTESVILLE, Va., Oct. 25, 2012 (GLOBE NEWSWIRE) -- StellarOne Corporation (Nasdaq:STEL) ("StellarOne"), today reported third quarter 2012 net income available to common shareholders of $5.6 million, or $0.24 net income per diluted common share. This represents a 41.7% increase over net income available to common shareholders of $3.9 million or $0.17 per diluted common share recognized during the same quarter in the prior year.

StellarOne Corporation

StellarOne Corporation Announces Earnings Call

CHARLOTTESVILLE, Va., Oct. 12, 2012 (GLOBE NEWSWIRE) -- StellarOne Corporation (Nasdaq:STEL) today announced that it will release its third quarter 2012 results on Thursday, October 25, 2012, before the market opens. StellarOne Corporation's management will also host a webcast and conference call in connection with its earnings announcement at 10:00 a.m. Eastern Time to discuss results and answer questions.

StellarOne Corporation

StellarOne Corporation Reports Second Quarter Earnings of $4.9 Million

CHARLOTTESVILLE, Va., July 26, 2012 (GLOBE NEWSWIRE) -- StellarOne Corporation (Nasdaq:STEL) ("StellarOne") today reported second quarter 2012 net income available to common shareholders of $4.9 million, or $0.21 net income per diluted common share. This represents a 47.7% increase over net income available to common shareholders of $3.3 million or $0.14 per diluted common share recognized during the same quarter in the prior year.