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Bank of South Carolina posts 13% net income growth and raises dividend by 8.7% in Q3 2026

Company Fundamentals
27 Oct 2026, 16:26 WIB
Seeking Alpha
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Bullish
Bank of South Carolina posts 13% net income growth and raises dividend by 8.7% in Q3 2026

Bank of South Carolina reported strong Q3 2026 results with a 13% increase in net income and earnings per share of $0.44. The bank's net interest margin expanded to 4.85%, outperforming typical community banks, while asset quality improved significantly. It also raised its dividend by 8.7%, resulting in a forward yield of 5.31% and a payout ratio of 56.8%. Despite risks related to its micro-cap status and liquidity, the bank's solid earnings momentum and operational strength support a Buy rating.

Bank of South Carolina's recent financial results provide context for readers. For those tracking the Financials sector, 93 of 142 US stocks on Pluang rose while 39 fell as of Oct 27, 2026 19:32 WIB. Notable movers include Hut 8 Corp at USD 64.55 with a 2.51% increase and a Pluang order activity of 95% Buy, Slide Insurance Holdings Inc. at USD 29.79 up 2.44%, and Affirm Holdings Inc. at USD 71.18 rising 2.43%.

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