Independence Bancshares, Inc. (IEBS) Issues Quarterly Earnings Results

Independence Bancshares, Inc. (OTCMKTS:IEBS) posted its quarterly earnings results on Monday. The bank reported ($0.02) earnings per share for the quarter, Bloomberg Earnings reports. Independence Bancshares had a negative return on equity of 23.78% and a negative net margin of 55.15%.

Shares of Independence Bancshares (OTCMKTS:IEBS) remained flat at $$0.12 on Tuesday. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.04 and a quick ratio of 1.04. Independence Bancshares has a 52-week low of $0.10 and a 52-week high of $0.42.

Separately, ValuEngine upgraded Independence Bancshares from a “hold” rating to a “buy” rating in a research report on Tuesday, August 22nd.

ILLEGAL ACTIVITY WARNING: This piece was reported by Markets Daily and is owned by of Markets Daily. If you are viewing this piece on another website, it was illegally stolen and republished in violation of United States and international trademark & copyright laws. The legal version of this piece can be viewed at

Independence Bancshares Company Profile

Independence Bancshares, Inc operates as the bank holding company for Independence National Bank (the Bank). The Company operates through four segments: Community Banking, Transaction Services, Asset Management and Parent Only. The Bank is engaged in the business of banking and providing services related to banking, including accepting demand deposits and saving deposits, and providing commercial, consumer and mortgage loans principally in Greenville County, South Carolina.

Receive News & Ratings for Independence Bancshares Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Independence Bancshares Inc. and related companies with's FREE daily email newsletter.

Latest News

Leave a Reply