Southern Banc net income more than triples to $493,000 in three months ended June 30, 2026

Bitget2026/09/30 18:08

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Southern Banc posts Q4 net income of $493,000, up from $140,000 a year earlier.
Q4 basic EPS rises to $0.65; diluted EPS climbs to $0.64.
Net interest income increases 26% to $2.87 million, while provision for loan losses rises to $330,000.
Non-interest income falls 31% to $106,000, while non-interest expense slips to $1.99 million.
FY26 net income rises 55% to $1.42 million; total assets increase to $131.77 million and equity climbs to $18.41 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Southern Banc Company Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609301408PRIMZONEFULLFEED9837206) on September 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Southern Banc net income more than triples to $493,000 in three months ended June 30, 2026

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