Southern Banc (OTCMKTS:SRNN) Posts Quarterly Earnings Results

Southern Banc (OTCMKTS:SRNN) announced its quarterly earnings data on Wednesday. The company reported $0.49 earnings per share (EPS) for the quarter, Zacks reports. Southern Banc had a net margin of 7.55% and a return on equity of 5.65%.

Southern Banc Stock Up 0.1%

Shares of SRNN traded up $0.01 during trading hours on Wednesday, hitting $11.30. The company had a trading volume of 200 shares, compared to its average volume of 563. Southern Banc has a 52-week low of $9.71 and a 52-week high of $12.70. The stock’s 50 day moving average price is $10.22 and its 200 day moving average price is $10.52. The firm has a market cap of $9.15 million, a P/E ratio of 9.34 and a beta of -0.09.

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. The Southern Banc Company, Inc was founded in 1936 and is based in Gadsden, Alabama.