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Bank of South Carolina: Q4 Earnings Snapshot

Bank of South Carolina: Q4 Earnings Snapshot

By AP News
Published - Jan 11, 2024, 09:48 AM ET
Last Updated - Jan 11, 2024, 09:48 AM EST

CHARLESTON, S.C. (AP) — CHARLESTON, S.C. (AP) — Bank of South Carolina Corp. (BKSC) on Thursday reported fourth-quarter profit of $1.4 million.

The Charleston, South Carolina-based bank said it had earnings of 24 cents per share.

The bank holding company posted revenue of $6.9 million in the period. Its revenue net of interest expense was $5.1 million, beating Street forecasts.

For the year, the company reported profit of $5.5 million, or 98 cents per share. Revenue was reported as $20.3 million.

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