Southern Banc (OTCMKTS:SRNN) Posts Quarterly Earnings Results

Southern Banc (OTCMKTS:SRNN) posted its quarterly 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 Stock Performance

Shares of OTCMKTS SRNN traded up $0.03 during mid-day trading on Thursday, hitting $10.00. The stock had a trading volume of 400 shares, compared to its average volume of 1,476. Southern Banc has a 1 year low of $9.80 and a 1 year high of $13.90. The business has a 50 day moving average price of $10.66 and a two-hundred day moving average price of $11.04. The firm has a market cap of $8.06 million, a P/E ratio of 8.40 and a beta of -0.02.

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.