Southern Banc (OTCMKTS:SRNN) Issues Quarterly Earnings Results

Southern Banc (OTCMKTS:SRNN) posted its quarterly earnings data on Wednesday. The company reported $0.64 earnings per share (EPS) for the quarter, Zacks reports. Southern Banc had a return on equity of 6.13% and a net margin of 8.42%.

Southern Banc Stock Performance

OTCMKTS:SRNN traded up $0.23 during mid-day trading on Wednesday, reaching $16.69. The stock had a trading volume of 3,170 shares, compared to its average volume of 1,013. The stock has a market capitalization of $13.45 million, a P/E ratio of 11.92 and a beta of -0.05. The firm has a 50 day moving average price of $16.30 and a two-hundred day moving average price of $14.35. Southern Banc has a one year low of $9.71 and a one year high of $18.00.

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