Southern Banc (OTCMKTS:SRNN) Announces Earnings Results

Southern Banc (OTCMKTS:SRNN) announced its quarterly earnings data on Friday. The company reported $0.48 earnings per share for the quarter, Zacks reports. Southern Banc had a net margin of 12.67% and a return on equity of 9.76%.

Southern Banc Price Performance

Southern Banc stock remained flat at $12.75 during trading on Friday. Southern Banc has a 1-year low of $10.50 and a 1-year high of $13.90. The company has a market cap of $10.33 million, a P/E ratio of 6.97 and a beta of -0.32. The stock has a 50 day moving average of $13.73 and a 200 day moving average of $12.96.

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.