Southern Banc (OTCMKTS:SRNN) Releases Earnings Results

Southern Banc (OTCMKTS:SRNN) issued its quarterly earnings data on Thursday. The company reported $0.25 earnings per share (EPS) for the quarter, Zacks reports. The firm had revenue of $2.40 million during the quarter. Southern Banc had a return on equity of 5.79% and a net margin of 7.54%.

Southern Banc Price Performance

Shares of SRNN stock opened at $10.00 on Friday. Southern Banc has a 1-year low of $9.80 and a 1-year high of $13.90. The firm has a market cap of $8.06 million, a PE ratio of 8.40 and a beta of -0.02. The company has a 50-day moving average of $10.62 and a two-hundred day moving average of $11.03.

About Southern Banc

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.