Southern Banc (OTCMKTS:SRNN) Stock Price Down 0.6% – Here’s What Happened

Southern Banc Co. (OTCMKTS:SRNN) shares were down 0.6% on Friday. The stock traded as low as $16.50 and last traded at $16.50. 473 shares changed hands during mid-day trading, a decline of 31% from the average daily volume of 685 shares. The stock had previously closed at $16.60.

Southern Banc Stock Performance

The firm has a market cap of $13.37 million, a price-to-earnings ratio of 8.87 and a beta of 0.04. The business’s 50-day moving average is $16.30 and its 200-day moving average is $14.96.

Southern Banc (OTCMKTS:SRNN) last issued its quarterly earnings data on Wednesday, September 30th. The company reported $0.64 earnings per share for the quarter. The firm had revenue of $2.97 million for the quarter. Southern Banc had a net margin of 10.75% and a return on equity of 8.03%.

Southern Banc Company Profile

Southern Banc Company, Inc is a bank holding company headquartered in Poplar Bluff, Missouri. Through its banking subsidiary, Southern Bank, the company provides community banking services to individuals, businesses and organizations.

Southern Bank’s offerings generally include deposit accounts, consumer and commercial loans, mortgage lending, cash-management services and online banking. The bank’s activities are focused on relationship-based financial services for customers in the communities it serves.

The company’s operations are centered in southeastern Missouri and surrounding areas, including portions of northeastern Arkansas.