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Bank Of South Carolina Corp. - BKSC STOCK NEWS

Welcome to our dedicated news page for Bank Of South Carolina (Ticker: BKSC), a resource for investors and traders seeking the latest updates and insights on Bank Of South Carolina.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Bank Of South Carolina's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Bank Of South Carolina's position in the market.

Rhea-AI Summary
Bank of South Carolina (BKSC) reports a decrease in earnings for Q1 2024 compared to Q1 2023. Despite this, the company achieved a return on average assets of 0.88% and a return on average equity of 11.66%. Strong commercial loan activity drove average loan growth of 2.5%, leading to improved results in net interest income, net income, and book value per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.2%
Tags
-
Rhea-AI Summary
Bank of South Carolina (BKSC) declares a quarterly cash dividend of $0.17 per share, marking the 138th consecutive dividend payment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.19%
Tags
dividends
-
Rhea-AI Summary
The Bank of South Carolina Corporation (BKSC) announced unaudited earnings of $5,493,616, or $0.99 and $0.98 basic and diluted earnings per share, respectively, for the year ended December 31, 2023 – a decrease of $1,163,524, or 17.45%, from earnings for the year ended December 31, 2022 of $6,655,140, or $1.20 and $1.18 basic and diluted earnings per share, respectively. Unaudited earnings for the three months ended December 31, 2023 decreased $444,036, or 24.56%, to $1,363,749 compared to $1,807,785 for the three months ended December 31, 2022. Returns on average assets and average equity for the year ended December 31, 2023 were 0.86% and 12.90%, respectively, compared with December 31, 2022 returns on average assets and average equity of 1.01% and 15.26%, respectively.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.15%
Tags
Rhea-AI Summary
Bank of South Carolina Corporation (BKSC) declares a quarterly cash dividend of $0.17 per share, marking the 137th consecutive quarterly cash dividend paid to shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.88%
Tags
dividends
-
Rhea-AI Summary
Bank of South Carolina Corporation announces unaudited earnings for Q3 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.48%
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-
Rhea-AI Summary
Bank of South Carolina Corporation declares quarterly cash dividend of $0.17 per share, representing the 136th dividend paid to shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.63%
Tags
dividends
Rhea-AI Summary
Bank of South Carolina Corporation (BKSC) announces intent to delist its common stock from NASDAQ and withdraw registration with SEC. Expects cost savings and commitment to shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-15.61%
Tags
none
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Rhea-AI Summary
The Bank of South Carolina Corporation (Nasdaq: BKSC) reported unaudited earnings of $1,277,717 for the quarter ended June 30, 2023, a decrease of 17.19% compared to the same quarter in 2022. Unaudited earnings for the six months ended June 30, 2023, decreased by 4.68% compared to the same period in 2022. Annualized returns on average assets and average equity for the six months ended June 30, 2023, were 0.89% and 13.61% respectively.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.73%
Tags
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.73%
Tags
dividends
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.57%
Tags
buyback
Bank Of South Carolina Corp.

OTC:BKSC

BKSC Rankings

BKSC Stock Data

65.39M
3.97M
36.48%
0.18%
0.11%
Commercial Banking
Finance and Insurance
Link
United States
Charleston

About BKSC

bank of south carolina corporation operates as the bank holding company for the bank of south carolina that provides financial services to individuals, professionals, and small and middle market businesses in south carolina. the company offers a range of deposit products, including non-interest bearing demand accounts, now accounts, money market accounts, time deposits, and savings accounts, as well as certificates of deposit. it also provides secured and unsecured commercial loans; commercial real estate loans; consumer loans, including construction, real estate, helocs, and mortgage; and home equity loans and lines of credit. it operates through charleston, north charleston, summerville, mt. pleasant, and west ashley banking offices in south carolina. bank of south carolina corporation was founded in 1986 and is headquartered in charleston, south carolina.