Southern Banc (OTCMKTS:SRNN) Issues Earnings Results

Southern Banc (OTCMKTS:SRNN) released its quarterly earnings data on Friday. The company reported $0.48 EPS 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

SRNN stock remained flat at $12.75 during midday trading on Friday. Southern Banc has a 52-week low of $10.50 and a 52-week high of $13.90. The business has a 50 day simple moving average of $13.73 and a 200 day simple moving average of $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.

About Southern Banc

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.