Southern Banc (OTCMKTS:SRNN) Issues Earnings Results

Southern Banc (OTCMKTS:SRNN) posted its earnings results on Friday. The company reported $0.48 earnings per share (EPS) for the quarter, Zacks reports. Southern Banc had a net margin of 12.67% and a return on equity of 9.76%.

Southern Banc Price Performance

OTCMKTS:SRNN opened at $12.75 on Friday. Southern Banc has a one year low of $10.50 and a one year high of $13.90. The company has a fifty day moving average price of $13.68 and a 200 day moving average price of $12.98. The stock has a market cap of $10.33 million, a P/E ratio of 6.97 and a beta of -0.32.

Southern Banc Company Profile

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.