Bank of South Carolina: Q1 Earnings Snapshot
By AP News
Published - Apr 09, 2024, 11:21 AM ET
Last Updated - Apr 09, 2024, 11:21 AM EDT
CHARLESTON, S.C. (AP) — CHARLESTON, S.C. (AP) — Bank of South Carolina Corp. (BKSC) on Tuesday reported first-quarter profit of $1.4 million.
The bank, based in Charleston, South Carolina, said it had earnings of 25 cents per share.
The bank holding company posted revenue of $7 million in the period. Its revenue net of interest expense was $5.2 million, surpassing Street forecasts.
Bank of South Carolina shares have declined 18% since the beginning of the year. The stock has decreased 22% in the last 12 months.
