Southern Banc (OTCMKTS:SRNN) Posts Quarterly Earnings Results

Southern Banc (OTCMKTS:SRNN) announced its earnings results on Thursday. The company reported $0.25 EPS for the quarter, Zacks reports. Southern Banc had a net margin of 7.54% and a return on equity of 5.79%.

Southern Banc Price Performance

Shares of SRNN stock traded up $0.03 on Thursday, hitting $10.00. The stock had a trading volume of 400 shares, compared to its average volume of 1,476. The business has a 50 day moving average of $10.66 and a 200 day moving average of $11.04. The stock has a market cap of $8.06 million, a price-to-earnings ratio of 8.40 and a beta of -0.02. Southern Banc has a 12-month low of $9.80 and a 12-month high of $13.90.

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.