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First Reliance Bancshares, Inc. (FSRL)

OTC Financial Services Banks - Regional
$19.97 ▲ +0.30%
Market Cap
$157.6M
Sector
Financial Services
Industry
Banks - Regional
Beta
0.18
52-Wk Range
9.5-20.09
CEO
Fredrick R. Saunders Jr.
Country
US
Currency
USD

First Reliance Bancshares, Inc. operates in the Banks - Regional industry of the Financial Services sector, headquartered in Florence, SC, US. The stock last traded at $19.97, up 0.30% on the session, giving a market capitalisation of $157.6M. On trailing twelve-month figures it carries a trailing P/E of 13.14, a net margin of 17.1%. Its beta of 0.18 implies it has historically moved less than the broad market.

Valuation & profitability (TTM)
P/E
13.14
Price / Sales
2.26
Price / Book
1.58
EV / EBITDA
16.49
Gross margin
71.7%
Operating margin
21.6%
Net margin
17.1%
Return on equity
Debt / equity
0.96
Current ratio
0.05
Dividend yield
0.0%
Payout ratio
0.0%
Company profile
Exchange
Other OTC
Employees
160
IPO date
2004-03-30
Headquarters
Florence, SC, US
About First Reliance Bancshares, Inc.

First Reliance Bancshares, Inc. functions as the parent entity for First Reliance Bank, delivering a broad spectrum of financial products and banking services across the United States. Its offerings include a variety of deposit accounts such as checking, savings, money market, and individual retirement accounts (IRAs), as well as certificates of deposit (CDs). The company also provides insurance solutions to its clients. Regarding lending, it extends various personal financing options, including unsecured, automobile, real estate-backed, and other loans, alongside overdraft protection and home equity lines of credit (HELOCs). For its commercial customers, the firm supplies business installment loans, commercial real estate financing, overdraft protection, and business lines of credit. Mortgage lending is another significant service, complementing its debit and credit card offerings. Additionally, First Reliance Bancshares provides treasury management services, indirect dealer financing, and modern digital banking solutions accessible through online and mobile platforms, in addition to its traditional business banking services. The company was established in 1999 and is headquartered in Florence, South Carolina.

Comparable companies

First Reliance Bancshares, Inc. is most often compared with the following Financial Services names:

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