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
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 3/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
My Notes
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First Reliance Bancshares, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$9.60 |
| 52 Week High | US$10.59 |
| 52 Week Low | US$7.60 |
| Beta | 0.44 |
| 1 Month Change | -1.94% |
| 3 Month Change | -1.54% |
| 1 Year Change | 12.02% |
| 3 Year Change | -5.88% |
| 5 Year Change | 22.76% |
| Change since IPO | -4.00% |
Recent News & Updates
Recent updates
Shareholder Returns
| FSRL | US Banks | US Market | |
|---|---|---|---|
| 7D | 2.7% | -1.1% | -0.4% |
| 1Y | 12.0% | 29.5% | 24.8% |
Return vs Industry: FSRL underperformed the US Banks industry which returned 29.3% over the past year.
Return vs Market: FSRL underperformed the US Market which returned 23.9% over the past year.
Price Volatility
| FSRL volatility | |
|---|---|
| FSRL Average Weekly Movement | 3.1% |
| Banks Industry Average Movement | 5.2% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 17.0% |
| 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
| FSRL fundamental statistics | |
|---|---|
| Market cap | US$77.63m |
| Earnings (TTM) | US$5.78m |
| Revenue (TTM) | US$38.00m |
13.4x
P/E Ratio1.0x
P/B RatioIs FSRL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 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 comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 19:34 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
First Reliance Bancshares, Inc. is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Bishop | Hovde Group, LLC |
| Christopher Marinac | Janney Montgomery Scott LLC |