First Reliance Bancshares(OTC) FSRL

First Reliance Bancshares, Inc. operates as the parent company of First Reliance Bank, providing a comprehensive range of financial products and banking services throughout the United States. Established in 1999 and headquartered in Florence, South Carolina, the company focuses on delivering exceptional customer service and innovative banking solutions.

Products and Services

• Various deposit accounts including checking, savings, and IRAs
• Personal and commercial lending options, including mortgages and business lines of credit
• Digital banking solutions and treasury management services

Growth Outlook

• Recent quarterly revenue increased to $17.64 million, reflecting strong demand
• Net income for Q1 2026 reached $3.44 million, showcasing profitability
• Return on equity stands at 13.97%, indicating effective capital utilization

Financial Highlights

• Trailing twelve months (TTM) revenue of $68.5 million demonstrates consistent growth
• Net profit margin of 19.38% highlights operational efficiency
• Price-to-earnings (P/E) ratio of 11.38 suggests potential value for investors

First Reliance Bancshares, Inc. has established itself as a reliable player in the regional banking sector, with a diverse portfolio of financial products tailored to meet the needs of both individual and commercial clients. The company's recent financial performance indicates a positive trajectory, with significant revenue growth and strong profitability metrics. The focus on digital banking solutions positions First Reliance to adapt to evolving market demands, enhancing its competitive edge. With a solid foundation and a commitment to customer service, First Reliance Bancshares presents an intriguing opportunity for potential investors looking to explore the regional banking landscape.