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Stock impact report

Bank of South Carolina Corporation Announces Third Quarter Earnings [Yahoo! Finance]

BANK OF SO CAROLINA CORP (BKSC) 
Company Research Source: Yahoo! Finance
of $2,143,640, or $0.40 basic and $0.38 diluted earnings per share, for the quarter ended September 30, 2025 – an increase of $341,777, or 18.97%, from earnings for the quarter ended September 30, 2024 of $1,801,863, or $0.33 basic and diluted earnings per share. Unaudited earnings for the nine months ended September 30, 2025 increased $962,352, or 19.51%, to $5,893,809 compared to $4,931,457 for the nine months ended September 30, 2024. Annualized returns on average assets and average equity for the nine months ended September 30, 2025 were 1.37% and 14.03%, respectively, compared with September 30, 2024 annualized returns on average assets and average equity of 1.10% and 13.50%, respectively. Eugene H. Walpole, IV, President and Chief Executive Officer, stated, "We are pleased to report net income of $2.1 million for the quarter - our highest quarterly earnings on record and a 19% increase over the same period in 2024. A combination of strong net interest margin, steady fee income Show less Read more
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