Southern Banc (OTCMKTS:SRNN) Posts Earnings Results

Southern Banc (OTCMKTS:SRNN) issued its quarterly earnings results on Thursday. The company reported $0.48 earnings per share for the quarter, Zacks reports. Southern Banc had a net margin of 7.47% and a return on equity of 5.56%.

Southern Banc Stock Performance

Shares of OTCMKTS:SRNN remained flat at $11.60 during trading on Thursday. The stock has a 50-day simple moving average of $11.61 and a 200 day simple moving average of $10.81. The company has a market cap of $9.40 million, a P/E ratio of 9.51 and a beta of -0.08. Southern Banc has a 12 month low of $9.71 and a 12 month high of $12.60.

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.