StockNews.com initiated coverage on shares of Bank of South Carolina (NASDAQ:BKSC - Free Report) in a report published on Friday morning. The brokerage issued a sell rating on the bank's stock.
Bank of South Carolina Trading Down 1.6 %
Shares of Bank of South Carolina stock traded down $0.21 during trading on Friday, hitting $13.27. 5,705 shares of the stock were exchanged, compared to its average volume of 1,421. Bank of South Carolina has a 1-year low of $10.56 and a 1-year high of $13.99. The stock has a market capitalization of $72.11 million, a price-to-earnings ratio of 11.64 and a beta of 0.47. The company has a fifty day moving average price of $13.30 and a 200-day moving average price of $12.31.
Bank of South Carolina (NASDAQ:BKSC - Get Free Report) last released its quarterly earnings data on Thursday, October 10th. The bank reported $0.33 earnings per share (EPS) for the quarter. Bank of South Carolina had a return on equity of 12.84% and a net margin of 22.15%. The firm had revenue of $5.77 million for the quarter.
Bank of South Carolina Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st will be paid a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 5.73%. The ex-dividend date of this dividend is Tuesday, December 31st. Bank of South Carolina's dividend payout ratio is presently 66.67%.
Bank of South Carolina Company Profile
(
Get Free Report)
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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