Bank of South Carolina Corporation Announces Third Quarter Earnings
Bank of South Carolina Corp. (BKSC)
US:NASDAQ Investor Relations:
investors.banksc.com/corporateprofile.aspx?iid=100149
Company Research
Source: PR Newswire
CHARLESTON, S.C., Oct. 11, 2018 /PRNewswire/ -- The Bank of South Carolina Corporation, (Nasdaq: BKSC) announced unaudited earnings of $1,778,153 or $0.32 basic and diluted per share for the quarter ended September 30, 2018 – an increase of 23.43% from earnings for the quarter ended September 30, 2017 of $1,440,653 or $0.26 basic and diluted per share. Earnings for the nine months ended September 30, 2018 increased $1,063,614 or 26.24% to $5,116,740 compared to $4,053,126 for the nine months ended September 30, 2017. Returns on average assets and average equity for the nine months ended September 30, 2018 were 1.59% and 15.72%, respectively, compared to 2017 returns on average assets and average equity of 1.29% and 12.80%, respectively. Fleetwood S. Hassell, President of the Bank of South Carolina, stated, "With the impact of corporate tax reform and our investment in two historic renovation tax credits, we have favorably managed our tax liability for 2018. Coupled with consistent len
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News
- Bank of South Carolina Co. (NASDAQ: BKSC) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Bank of South Carolina Co. (NASDAQ: BKSC) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
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- Bank of South Carolina Co. (NASDAQ: BKSC) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
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