First South Bancorp Inc (FSBK) Releases Quarterly Earnings Results
First South Bancorp Inc (NASDAQ:FSBK) posted its earnings results on Thursday. The bank reported $0.24 earnings per share (EPS) for the quarter, Morningstar.com reports. The company had revenue of $12.63 million during the quarter. First South Bancorp had a return on equity of 8.38% and a net margin of 14.44%.
First South Bancorp (NASDAQ:FSBK) traded up 0.82% during trading on Friday, hitting $17.17. The stock had a trading volume of 13,118 shares. First South Bancorp has a one year low of $9.23 and a one year high of $17.33. The firm has a market capitalization of $163.12 million, a P/E ratio of 22.13 and a beta of 0.50. The stock has a 50 day moving average of $16.20 and a 200 day moving average of $13.38.
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Separately, ValuEngine upgraded First South Bancorp from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd.
First South Bancorp Company Profile
First South Bancorp, Inc is the bank holding company for First South Bank (the Bank). Through the Bank, the Company operates a commercial banking business. The Bank is a North Carolina chartered commercial bank. The Bank’s segment is providing general commercial banking services to its markets located in the state of North Carolina.
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