First Reliance Bancshares (OTCPK:FSRL) - Stock Price, News & Analysis

FSRL Stock Overview

Operates as the bank holding company for First Reliance Bank that provides banking products and services in North and South Carolina. More details

FSRL fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	3/6
Past Performance	4/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 48.5% below our estimate of its fair value

Earnings are forecast to grow 22.34% per year

Earnings grew by 8.6% over the past year

Risk Analysis

Does not have a meaningful market cap ($79M)

First Reliance Bancshares, Inc. Competitors

Crystal Valley Financial

OTCPK:CYVF

US$81.6m

Oconee Federal Financial

OTCPK:OFED

US$81.9m

JD Bancshares

OTCPK:JDVB

US$79.4m

F & M Bank

OTCPK:FMBM

US$73.1m

Price History & Performance

Summary of all time highs, changes and price drops for First Reliance Bancshares
Historical stock prices
Current Share Price	US$9.79
52 Week High	US$10.59
52 Week Low	US$7.51
Beta	0.44
11 Month Change	-1.90%
3 Month Change	6.41%
1 Year Change	31.41%
33 Year Change	-5.41%
5 Year Change	24.16%
Change since IPO	-2.10%

Recent updates

Shareholder Returns

	FSRL	US Banks	US Market
7D	-2.1%	1.8%	2.2%
1Y	31.4%	57.8%	31.7%

Return vs Industry: FSRL underperformed the US Banks industry which returned 53.3% over the past year.

Return vs Market: FSRL exceeded the US Market which returned 30.3% over the past year.

Price Volatility

Is FSRL's price volatile compared to industry and market?
FSRL volatility
FSRL Average Weekly Movement	3.2%
Banks Industry Average Movement	5.2%
Market Average Movement	6.3%
10% most volatile stocks in US Market	15.8%
10% least volatile stocks in US Market	3.1%

Stable Share Price: FSRL has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: FSRL's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1999	170	Rick Saunders	www.firstreliance.com

First Reliance Bancshares, Inc. operates as the bank holding company for First Reliance Bank that provides banking products and services in North and South Carolina. The company provides checking, savings, money market, and individual retirement accounts, as well as certificates of deposit. It offers personal loans, including unsecured, auto, real estate, overdraft protection, and other loans, as well as home equity line of credit; business loans, such as business installment, commercial real estate, and overdraft protection loans, as well as business lines of credit; mortgage products and services; and debit and credit card services.

First Reliance Bancshares, Inc. Fundamentals Summary

How do First Reliance Bancshares's earnings and revenue compare to its market cap?
FSRL fundamental statistics
Market cap	US$79.00m
Earnings (TTM)	US$5.78m
Revenue (TTM)	US$38.00m

13.7x

P/E Ratio

1.0x

P/B Ratio

Is FSRL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FSRL income statement (TTM)
Revenue	US$38.00m
Cost of Revenue	US$0
Gross Profit	US$38.00m
Other Expenses	US$32.22m
Earnings	US$5.78m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.72
Gross Margin	100.00%
Net Profit Margin	15.21%
Debt/Equity Ratio	32.0%

How did FSRL perform over the long term?

See historical performance and comparison

First Reliance Bancshares OTCPK:FSRL Stock Report