Southern Banc (OTCMKTS:SRNN – Get Free Report) posted its earnings results on Thursday. The company reported $0.99 earnings per share for the quarter, Zacks reports. Southern Banc had a net margin of 10.75% and a return on equity of 8.03%. The business had revenue of $3.23 million for the quarter.
Southern Banc Stock Performance
Shares of SRNN remained flat at $17.38 during mid-day trading on Friday. 2,639 shares of the stock were exchanged, compared to its average volume of 739. The business has a 50-day simple moving average of $16.58 and a two-hundred day simple moving average of $14.19. The firm has a market cap of $14.08 million, a P/E ratio of 9.34 and a beta of 0.33. Southern Banc has a 12-month low of $9.71 and a 12-month high of $18.00.
About Southern Banc
Southern Banc is a bank holding company for Southern Bank, a community-focused financial institution serving individuals, families and businesses in portions of Missouri and Arkansas. Its banking operations are centered on relationship-based financial services for local markets. Southern Bank provides deposit products such as checking and savings accounts, money market accounts and certificates of deposit. Its lending activities include residential real estate, commercial, agricultural and consumer loans.
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