Bank of South Carolina (NASDAQ:BKSC) Research Coverage Started at StockNews.com

StockNews.com began coverage on shares of Bank of South Carolina (NASDAQ:BKSC) in a report issued on Wednesday morning. The firm issued a sell rating on the bank’s stock.

Bank of South Carolina Trading Up 0.2 %

Bank of South Carolina stock opened at $13.20 on Wednesday. The company has a 50-day moving average price of $13.15 and a 200 day moving average price of $12.17. Bank of South Carolina has a 12-month low of $10.56 and a 12-month high of $15.02. The stock has a market cap of $71.73 million, a P/E ratio of 11.58 and a beta of 0.47.

Bank of South Carolina (NASDAQ:BKSC) last announced its quarterly earnings results on Thursday, October 10th. The bank reported $0.33 earnings per share (EPS) for the quarter. Bank of South Carolina had a net margin of 22.15% and a return on equity of 12.84%. The business had revenue of $5.77 million during the quarter.

Bank of South Carolina Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st will be paid a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 5.76%. The ex-dividend date of this dividend is Tuesday, December 31st. Bank of South Carolina’s dividend payout ratio (DPR) is presently 66.67%.

Bank of South Carolina Company Profile

Bank of South Carolina Corporation operates as a bank holding company for The Bank of South Carolina that provides a range of financial products and services primarily in Charleston, Berkeley, and Dorchester counties of South Carolina. Its deposits include non-interest-bearing demand accounts, NOW accounts, money market accounts, time deposits, and savings accounts, as well as certificates of deposit.