Southern Banc (OTCMKTS:SRNN) Posts Earnings Results

Southern Banc (OTCMKTS:SRNN – Get Free Report) posted its quarterly earnings data on Thursday. The company reported $0.48 EPS for the quarter, Zacks reports. The business had revenue of $2.53 million during the quarter. Southern Banc had a return on equity of 5.56% and a net margin of 7.47%.

Southern Banc Price Performance

Shares of Southern Banc stock remained flat at $11.60 on Friday. The business’s 50-day moving average price is $11.62 and its two-hundred day moving average price is $10.82. The stock has a market capitalization of $9.40 million, a price-to-earnings ratio of 9.51 and a beta of -0.08. Southern Banc has a 12 month low of $9.71 and a 12 month high of $12.60.

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About Southern Banc

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The Southern Banc Company, Inc operates as the holding company for The Southern Bank company that provides various banking products and services in Alabama. The company’s personal banking products include checking accounts, home mortgage loans, home equity loans, auto loans, and personal loans. Its business banking products comprise business checking accounts, cash flow management, real estate lending, and equipment financing. The Southern Banc Company, Inc was founded in 1936 and is based in Gadsden, Alabama.

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