Southern Banc (OTCMKTS:SRNN – Get Free Report) issued its quarterly earnings data on Thursday. The company reported $0.99 earnings per share for the quarter, Zacks reports. Southern Banc had a return on equity of 8.03% and a net margin of 10.75%.
Southern Banc Price Performance
SRNN traded up $0.85 on Thursday, hitting $16.85. The company had a trading volume of 2,400 shares, compared to its average volume of 1,128. Southern Banc has a 52-week low of $9.71 and a 52-week high of $18.00. The stock has a fifty day simple moving average of $16.58 and a 200-day simple moving average of $14.16. The firm has a market capitalization of $13.65 million, a P/E ratio of 9.06 and a beta of 0.33.
About Southern Banc
Southern Banc is a bank holding company for Southern Bank, a community-focused financial institution serving individuals, families and businesses in portions of Missouri and Arkansas. Its banking operations are centered on relationship-based financial services for local markets. Southern Bank provides deposit products such as checking and savings accounts, money market accounts and certificates of deposit. Its lending activities include residential real estate, commercial, agricultural and consumer loans.
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