StockNews.com initiated coverage on shares of Bank of South Carolina (NASDAQ:BKSC – Free Report) in a research note released on Saturday morning. The brokerage issued a sell rating on the bank’s stock.
Bank of South Carolina Trading Up 0.6 %
Shares of BKSC opened at $12.00 on Friday. The stock has a market capitalization of $65.50 million, a P/E ratio of 11.54 and a beta of 0.49. The firm’s fifty day simple moving average is $11.74 and its two-hundred day simple moving average is $11.93. Bank of South Carolina has a 12 month low of $10.22 and a 12 month high of $15.02.
Bank of South Carolina (NASDAQ:BKSC – Get Free Report) last released its quarterly earnings data on Thursday, July 11th. The bank reported $0.32 earnings per share (EPS) for the quarter. The company had revenue of $5.61 million for the quarter. Bank of South Carolina had a net margin of 20.76% and a return on equity of 12.48%.
Bank of South Carolina Increases Dividend
About Bank of South Carolina
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.
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