Southern Banc (OTCMKTS:SRNN – Get Free Report) posted its quarterly earnings results on Thursday. The company reported $0.99 EPS for the quarter, Zacks reports. Southern Banc had a net margin of 10.75% and a return on equity of 8.03%.
Southern Banc Trading Up 5.3%
SRNN stock traded up $0.85 during midday trading on Thursday, hitting $16.85. The company’s stock had a trading volume of 2,400 shares, compared to its average volume of 1,145. The firm’s 50-day moving average is $16.58 and its 200-day moving average is $14.16. Southern Banc has a 12 month low of $9.71 and a 12 month high of $18.00. The company has a market cap of $13.65 million, a PE ratio of 9.06 and a beta of 0.33.
About Southern Banc
Southern Banc is a bank holding company for Southern Bank, a community-focused financial institution serving individuals, families and businesses in portions of Missouri and Arkansas. Its banking operations are centered on relationship-based financial services for local markets. Southern Bank provides deposit products such as checking and savings accounts, money market accounts and certificates of deposit. Its lending activities include residential real estate, commercial, agricultural and consumer loans.
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