Bank of South Carolina: Q4 Earnings Snapshot

CHARLESTON, S.C. (AP) — CHARLESTON, S.C. (AP) — Bank of South Carolina Corp. (BKSC) on Thursday reported fourth-quarter profit of $1.8 million.

The bank, based in Charleston, South Carolina, said it had earnings of 33 cents per share.

The bank holding company posted revenue of $7.3 million in the period. Its revenue net of interest expense was $5.9 million, which beat Street forecasts.

For the year, the company reported profit of $6.8 million, or $1.23 per share. Revenue was reported as $22.4 million.

Bank of South Carolina shares have risen slightly more than 2% since the beginning of the year. The stock has decreased nearly 1% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BKSC at https://www.zacks.com/ap/BKSC

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