Bank of South Carolina (NASDAQ:BKSC) Earns Sell Rating from Analysts at StockNews.com

Posted by Samantha Reynolds on Sep 23rd, 2024

StockNews.com started coverage on shares of Bank of South Carolina (NASDAQ:BKSC – Free Report) in a research report sent to investors on Friday morning. The firm issued a sell rating on the bank’s stock.

Bank of South Carolina Trading Up 0.1 %

Shares of Bank of South Carolina stock opened at $12.01 on Friday. Bank of South Carolina has a twelve month low of $10.22 and a twelve month high of $15.02. The firm has a market capitalization of $65.55 million, a PE ratio of 11.55 and a beta of 0.49. The firm’s 50-day moving average price is $11.75 and its 200 day moving average price is $11.94.

Bank of South Carolina (NASDAQ:BKSC – Get Free Report) last issued its quarterly earnings results on Thursday, July 11th. The bank reported $0.32 earnings per share (EPS) for the quarter. Bank of South Carolina had a return on equity of 12.48% and a net margin of 20.76%. The firm had revenue of $5.61 million for the quarter.

Bank of South Carolina Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 31st. Stockholders of record on Monday, July 8th were paid a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 5.66%. The ex-dividend date of this dividend was Monday, July 8th. Bank of South Carolina’s dividend payout ratio is currently 65.38%.

Bank of South Carolina Company Profile

(Get Free Report)

Bank of South Carolina Corporation operates as a bank holding company for The Bank of South Carolina that provides a range of financial products and services primarily in Charleston, Berkeley, and Dorchester counties of South Carolina. Its deposits include non-interest-bearing demand accounts, NOW accounts, money market accounts, time deposits, and savings accounts, as well as certificates of deposit.