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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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Southern Banc net income more than triples to $493,000 in three months ended June 30, 2026
  • 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:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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