Bank of SC (BKSC) Releases Earnings Results

Bank of SC (NASDAQ:BKSC) announced its quarterly earnings results on Thursday. The bank reported $0.32 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. Bank of SC had a net margin of 30.23% and a return on equity of 13.88%.

Shares of NASDAQ BKSC traded up $0.39 during midday trading on Friday, hitting $18.59. The stock had a trading volume of 363 shares, compared to its average volume of 5,556. The company has a market cap of $100.30 million, a PE ratio of 16.92 and a beta of -0.05. Bank of SC has a 52 week low of $16.75 and a 52 week high of $23.00.

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 31st. Stockholders of record on Wednesday, January 9th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Tuesday, January 8th. This represents a $0.60 annualized dividend and a dividend yield of 3.23%.

In other Bank of SC news, Director Charles G. Lane purchased 2,000 shares of the firm’s stock in a transaction on Thursday, December 6th. The shares were acquired at an average cost of $18.75 per share, for a total transaction of $37,500.00. Following the completion of the transaction, the director now owns 162,862 shares of the company’s stock, valued at $3,053,662.50. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. In the last 90 days, insiders have purchased 4,262 shares of company stock worth $81,748. 28.94% of the stock is owned by insiders.

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About Bank of SC

Bank of South Carolina Corporation operates as the holding company for The Bank of South Carolina that provides commercial banking services to individuals, professionals, and small and middle market businesses in South Carolina. The company offers a range of deposit products, including 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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Earnings History for Bank of SC (NASDAQ:BKSC)

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