Southern Banc (OTCMKTS:SRNN) Posts Earnings Results

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

Southern Banc Stock Performance

SRNN stock remained flat at $12.75 during mid-day trading on Friday. The company’s fifty day simple moving average is $13.73 and its 200 day simple moving average is $12.96. The stock has a market capitalization of $10.33 million, a price-to-earnings ratio of 6.97 and a beta of -0.32. Southern Banc has a 12 month low of $10.50 and a 12 month high of $13.90.

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.