How does SRNN's PE Ratio compare to its peers?

SRNN is good value based on its Price-To-Earnings Ratio (6.5x) compared to the peer average (22.7x).

How does SRNN's PE Ratio compare vs other companies in the US Banks Industry?

SRNN is good value based on its Price-To-Earnings Ratio (6.5x) compared to the US Banks industry average (12.4x).

What is SRNN's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate SRNN's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of SRNN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

SRNN ($13.75) is trading below our estimate of [[fair value]] ($65.38)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

SRNN Stock Overview

Operates as the holding company for The Southern Bank company that provides various banking products and services in Alabama. More details

SRNN fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	2/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 79% below our estimate of its fair value

Risk Analysis

Shares are highly illiquid

Profit margins (19%) are lower than last year (28.1%)

Does not have a meaningful market cap ($10M)

My Notes

Capture your thoughts, links and company narrative

The Southern Banc Company, Inc. Competitors

First Niles Financial

OTCPK:FNFI

US$8.9m

Union Financial

OTCPK:UFCP

US$8.2m

Gouverneur Bancorp

OTCPK:GOVB

US$13.2m

Mercer Bancorp

OTCPK:MSBB

US$14.5m

Price History & Performance

Summary of share price highs, lows and changes for Southern Banc Company
Historical stock prices
Current Share Price	US$13.75
52 Week High	US$13.90
52 Week Low	US$10.50
Beta	-0.42
1 Month Change	-1.08%
3 Month Change	11.08%
1 Year Change	13.64%
3 Year Change	81.88%
5 Year Change	52.78%
Change since IPO	11.11%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	SRNN	US Banks	US Market
7D	0%	0.1%	-1.1%
1Y	13.6%	28.7%	22.4%

Return vs Industry: SRNN underperformed the US Banks industry which returned 29.4% over the past year.

Return vs Market: SRNN underperformed the US Market which returned 23.7% over the past year.

Price Volatility

Is SRNN's price volatile compared to industry and market?
SRNN volatility
SRNN Average Weekly Movement	n/a
Banks Industry Average Movement	5.2%
Market Average Movement	6.3%
10% most volatile stocks in US Market	17.6%
10% least volatile stocks in US Market	3.1%

Stable Share Price: SRNN's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine SRNN's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1936	n/a	Gates Little	www.sobanco.com

The Southern Banc Company, Inc. operates as the holding company for The Southern Bank company that provides various banking products and services in Alabama. The company’s personal banking products include checking accounts, home mortgage loans, home equity loans, auto loans, and personal loans. Its business banking products comprise business checking accounts, cash flow management, real estate lending, and equipment financing.

The Southern Banc Company, Inc. Fundamentals Summary

How do Southern Banc Company's earnings and revenue compare to its market cap?
SRNN fundamental statistics
Market cap	US$10.44m
Earnings (TTM)	US$1.60m
Revenue (TTM)	US$8.45m

6.5x

P/E Ratio

0.7x

P/B Ratio

Is SRNN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SRNN income statement (TTM)
Revenue	US$8.45m
Cost of Revenue	US$0
Gross Profit	US$8.45m
Other Expenses	US$6.85m
Earnings	US$1.60m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	2.11
Gross Margin	100.00%
Net Profit Margin	18.96%
Debt/Equity Ratio	0%

How did SRNN perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/31 03:55
End of Day Share Price	2024/12/16 00:00
Earnings	2024/06/30
Annual Earnings	2024/06/30

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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

The Southern Banc Company, Inc. is covered by 0 analysts. 0 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