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Complete financial analysis of First Reliance Bancshares, Inc. (FSRL) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of First Reliance Bancshares, Inc., a leading company in the Banks – Regional industry within the Financial Services sector.
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First Reliance Bancshares, Inc. (FSRL)
About First Reliance Bancshares, Inc.
First Reliance Bancshares, Inc. operates as the bank holding company for First Reliance Bank that provides banking products and services in the United States. The company offers checking, savings, money market, and individual retirement accounts; certificates of deposit; and insurance products. It also provides personal loans, including unsecured, auto, real estate, overdraft protection, and other loans, as well as home equity line of credit; business loans, such as business installment, commercial real estate, and overdraft protection loans, as well as business lines of credit; mortgage loans; and debit and credit card services. In addition, the company offers treasury; indirect dealer; online, mobile, and business banking; and other services. First Reliance Bancshares, Inc. was founded in 1999 and is based in Florence, South Carolina.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 35.52M | 42.16M | 40.86M | 51.15M | 37.56M | 33.55M | 25.81M | 22.50M | 20.57M | 18.35M | 16.66M | 20.87M | 21.52M | 21.19M | 24.23M | 23.95M | 24.41M | 22.09M | 17.02M | 11.61M | 8.18M | 6.33M |
| Cost of Revenue | 580.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 35.52M | 42.16M | 40.86M | 51.15M | 37.56M | 33.55M | 25.81M | 22.50M | 20.57M | 18.35M | 16.66M | 20.87M | 21.52M | 21.19M | 24.23M | 23.95M | 24.41M | 22.09M | 17.02M | 11.61M | 8.18M | 6.33M |
| Gross Profit Ratio | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 4.03M | 751.38K | 916.30K | 1.33M | 1.34M | 19.62M | 15.41M | 12.38M | 11.89M | 9.16M | 9.76M | 7.80M | 8.99M | 9.53M | 10.33M | 10.27M | 10.66M | 9.49M | 7.14M | 4.87M | 3.34M | 2.64M |
| Selling & Marketing | 687.26K | 743.38K | 419.14K | 245.16K | 200.19K | 306.28K | 261.12K | 201.68K | 268.84K | 119.46K | 148.27K | 151.30K | 0.00 | 0.00 | 0.00 | 345.39K | 525.79K | 373.01K | 291.90K | 100.50K | 0.00 | 0.00 |
| SG&A | 26.42M | 1.49M | 1.34M | 1.57M | 1.54M | 19.93M | 15.67M | 12.58M | 12.16M | 9.28M | 9.91M | 7.80M | 8.99M | 9.53M | 10.33M | 10.61M | 11.19M | 9.86M | 7.43M | 4.97M | 3.34M | 2.64M |
| Other Expenses | 0.00 | -8.37M | -8.23M | -6.62M | -5.71M | -5.55M | -4.80M | -29.75M | -30.24M | -26.30M | -32.91M | -28.39M | -34.75M | -32.31M | -44.58M | -34.40M | -31.79M | -27.53M | -21.72M | -14.67M | -10.10M | -7.67M |
| Operating Expenses | 29.71M | 8.37M | 8.23M | 6.62M | 5.71M | 5.55M | 4.80M | -17.18M | -18.08M | -17.02M | -23.00M | -20.58M | -25.77M | -22.78M | -34.25M | -23.79M | -20.60M | -17.66M | -14.29M | -9.70M | -6.76M | -5.03M |
| Cost & Expenses | 29.71M | 34.61M | 34.52M | 36.44M | 32.21M | 29.37M | 22.38M | -17.18M | -18.08M | -17.02M | -23.00M | -20.58M | -25.77M | -22.78M | -34.25M | -23.79M | -20.60M | -17.66M | -14.29M | -9.70M | -6.76M | -5.03M |
| Interest Income | 0.00 | 33.21M | 26.72M | 28.12M | 27.85M | 23.62M | 17.47M | 15.39M | 15.03M | 15.07M | 14.71M | 18.81M | 23.19M | 27.95M | 32.03M | 36.24M | 37.54M | 31.72M | 23.13M | 13.29M | 8.50M | 6.93M |
| Interest Expense | 2.87M | 3.16M | 2.02M | 3.87M | 5.96M | 3.69M | 2.17M | 1.30M | 840.13K | 1.16M | 2.45M | 4.48M | 6.51M | 11.66M | 15.34M | 17.30M | 18.43M | 14.21M | 8.98M | 4.06M | 2.46M | 2.34M |
| Depreciation & Amortization | -5.81M | 1.11M | 935.04K | 958.24K | 985.79K | 1.03M | 789.44K | 806.15K | 930.79K | 968.16K | 935.39K | 947.48K | 976.85K | 1.10M | 1.12M | 1.23M | 812.76K | 904.37K | 658.26K | 774.31K | 474.93K | 367.88K |
| EBITDA | 1.00 | 0.00 | -121.98K | 15.38M | 0.00 | 0.00 | -93.35K | 5.58M | 3.42M | 2.29M | -5.40M | 1.23M | -3.27M | -491.93K | -8.90M | 1.20M | 4.74M | 5.33M | 3.40M | 2.68M | 0.00 | 0.00 |
| EBITDA Ratio | 0.00% | 2.64% | 2.29% | -0.56% | 2.62% | -3.00% | -1.94% | 27.70% | 16.61% | 12.50% | -32.43% | 5.89% | -15.19% | -2.32% | -36.75% | 5.84% | 18.92% | 24.14% | 19.94% | 23.12% | 23.16% | 26.36% |
| Operating Income | 5.81M | 7.57M | 6.41M | 14.18M | 5.34M | 4.18M | 3.43M | 5.32M | 2.49M | 1.33M | -6.34M | 282.59K | -4.25M | -1.59M | -10.02M | 166.59K | 3.80M | 4.43M | 2.74M | 1.91M | 1.42M | 1.30M |
| Operating Income Ratio | 16.37% | 17.96% | 15.68% | 27.73% | 14.22% | 12.45% | 13.28% | 23.66% | 12.08% | 7.23% | -38.04% | 1.35% | -19.73% | -7.50% | -41.38% | 0.70% | 15.59% | 20.05% | 16.08% | 16.45% | 17.36% | 20.55% |
| Total Other Income/Expenses | 0.00 | -4.37M | 0.00 | -1.49M | 0.00 | -1.01M | -501.27K | 652.37K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 7.09K | 0.00 | 0.00 | -287.00 | -20.00K | 0.00 | 0.00 |
| Income Before Tax | 5.81M | 7.57M | 6.41M | 13.89M | 5.34M | 3.17M | 2.93M | 5.32M | 2.49M | 1.33M | -6.34M | 282.59K | -4.25M | -1.59M | -10.02M | 166.59K | 3.80M | 4.43M | 2.74M | 1.91M | 1.42M | 1.30M |
| Income Before Tax Ratio | 16.37% | 17.96% | 15.68% | 27.17% | 14.22% | 9.45% | 11.34% | 23.66% | 12.08% | 7.23% | -38.04% | 1.35% | -19.73% | -7.50% | -41.38% | 0.70% | 15.59% | 20.05% | 16.08% | 16.45% | 17.36% | 20.55% |
| Income Tax Expense | 1.21M | 1.64M | 1.13M | 3.28M | 1.25M | 741.61K | 3.62M | 1.80M | -6.33M | -3.08M | 1.40M | 6.75K | 5.13M | -1.44M | -4.18M | -459.04K | 1.25M | 1.18M | 789.42K | 570.53K | 403.58K | 405.96K |
| Net Income | 4.60M | 5.93M | 5.28M | 10.62M | 4.09M | 2.43M | -689.36K | 3.52M | 8.81M | 4.41M | -7.74M | 275.84K | -9.38M | -149.04K | -5.84M | 625.63K | 2.56M | 3.25M | 1.95M | 1.34M | 1.02M | 894.30K |
| Net Income Ratio | 12.96% | 14.07% | 12.92% | 20.76% | 10.89% | 7.24% | -2.67% | 15.65% | 42.84% | 24.02% | -46.43% | 1.32% | -43.59% | -0.70% | -24.12% | 2.61% | 10.49% | 14.69% | 11.44% | 11.53% | 12.42% | 14.13% |
| EPS | 0.59 | 0.76 | 0.68 | 1.34 | 0.52 | 0.31 | -0.13 | 0.58 | 1.64 | 0.68 | -1.80 | -0.22 | -2.29 | -0.04 | -1.64 | 0.18 | 0.74 | 0.96 | 0.60 | 0.52 | 0.48 | 0.62 |
| EPS Diluted | 0.56 | 0.73 | 0.65 | 1.32 | 0.51 | 0.31 | -0.13 | 0.57 | 1.60 | 0.67 | -1.80 | -0.22 | -2.29 | -0.04 | -1.64 | 0.18 | 0.72 | 0.91 | 0.57 | 0.48 | 0.46 | 0.59 |
| Weighted Avg Shares Out | 7.82M | 7.78M | 7.75M | 7.92M | 7.94M | 7.74M | 5.47M | 4.44M | 4.49M | 4.61M | 4.29M | 4.09M | 4.10M | 3.94M | 3.57M | 3.51M | 3.47M | 3.39M | 3.25M | 2.58M | 2.14M | 1.45M |
| Weighted Avg Shares Out (Dil) | 8.16M | 8.13M | 8.14M | 8.04M | 8.06M | 7.87M | 5.47M | 4.55M | 4.60M | 4.69M | 4.29M | 4.09M | 4.10M | 3.94M | 3.57M | 3.52M | 3.54M | 3.56M | 3.42M | 2.76M | 2.19M | 1.52M |
First Reliance Bancshares (FSRL) Upgraded to Buy: What Does It Mean for the Stock?
First Reliance Bancshares (FSRL) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
First Reliance Bancshares Inc. (FSRL) Matches Q3 Earnings Estimates
First Reliance Bancshares Inc. (FSRL) came out with quarterly earnings of $0.24 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.21 per share a year ago.
First Reliance Bancshares Reports Third Quarter 2024 Results
FLORENCE, S.C. , Oct. 24, 2024 /PRNewswire/ -- First Reliance Bancshares, Inc. (OTC:FSRL), the holding company for First Reliance Bank (collectively, "First Reliance" or the "Company"), today announced its financial results for the third quarter of 2024.
First Reliance Bancshares (FSRL) is on the Move, Here's Why the Trend Could be Sustainable
If you are looking for stocks that are well positioned to maintain their recent uptrend, First Reliance Bancshares (FSRL) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.
Recent Price Trend in First Reliance Bancshares (FSRL) is Your Friend, Here's Why
First Reliance Bancshares (FSRL) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.
First Reliance Bancshares (FSRL) Is a Great Choice for 'Trend' Investors, Here's Why
First Reliance Bancshares (FSRL) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price...
First Reliance Bancshares (FSRL) is on the Move, Here's Why the Trend Could be Sustainable
First Reliance Bancshares (FSRL) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.
First Reliance Bancshares Inc. (FSRL) Q2 Earnings and Revenues Beat Estimates
First Reliance Bancshares Inc. (FSRL) came out with quarterly earnings of $0.24 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.12 per share a year ago.
First Reliance Bancshares Reports Second Quarter 2024 Results
FLORENCE, S.C. , July 25, 2024 /PRNewswire/ -- First Reliance Bancshares, Inc. (OTC:FSRL), the holding company for First Reliance Bank (collectively, "First Reliance" or the "Company"), today announced its financial results for the second quarter of 2024.
New Strong Sell Stocks for May 23rd
BABA, CALB and FSRL have been added to the Zacks Rank #5 (Strong Sell) List on May 23, 2024.
Source: https://incomestatements.info
Category: Stock Reports