Bank of South Carolina (NASDAQ:BKSC) Research Coverage Started at StockNews.com

StockNews.com began coverage on shares of Bank of South Carolina (NASDAQ:BKSC) in a research note published on Friday morning. The brokerage issued a sell rating on the bank’s stock.

Bank of South Carolina Stock Performance

Bank of South Carolina stock opened at $11.95 on Friday. The stock’s 50 day moving average price is $11.76 and its 200 day moving average price is $11.94. The firm has a market capitalization of $65.22 million, a PE ratio of 11.49 and a beta of 0.49. Bank of South Carolina has a one year low of $10.22 and a one year high of $15.02.

Bank of South Carolina (NASDAQ:BKSC) last posted its quarterly earnings data on Thursday, July 11th. The bank reported $0.32 earnings per share (EPS) for the quarter. Bank of South Carolina had a return on equity of 12.48% and a net margin of 20.76%. The company had revenue of $5.61 million for the quarter.

Bank of South Carolina Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 31st. Stockholders of record on Monday, July 8th were paid a $0.17 dividend. The ex-dividend date of this dividend was Monday, July 8th. This represents a $0.68 annualized dividend and a dividend yield of 5.69%. Bank of South Carolina’s payout ratio is 65.38%.

Bank of South Carolina Company Profile

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.