Southern Banc (OTCMKTS:SRNN) Issues Quarterly Earnings Results

Southern Banc (OTCMKTS:SRNNGet Rating) announced its quarterly earnings data on Tuesday. The company reported $0.81 earnings per share for the quarter, reports. The firm had revenue of $2.23 million during the quarter. Southern Banc had a return on equity of 17.71% and a net margin of 25.39%.

Southern Banc Price Performance

Shares of OTCMKTS SRNN opened at $11.95 on Friday. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.66 and a quick ratio of 0.66. Southern Banc has a fifty-two week low of $6.00 and a fifty-two week high of $11.98. The stock has a market capitalization of $9.68 million, a PE ratio of 4.30 and a beta of -0.28. The business has a fifty day moving average price of $11.86 and a two-hundred day moving average price of $11.29.

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. Its personal banking products include checking accounts, home mortgage loans, home equity loans, auto loans, and personal loans. The company's business banking products comprise business checking accounts, cash flow management, real estate lending, and equipment financing.

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Earnings History for Southern Banc (OTCMKTS:SRNN)

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