First Reliance Bancshares, Inc.·Financial Services

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.

Arko, First Reliance Bancshares and Heartland Express emerge as breakout candidates as technical signals point to potential upside within defined price ranges.

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 Strength" screen.

FLORENCE, S.C., April 20, 2026 /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 first quarter of 2026.

First Reliance Bancshares demonstrates robust growth in revenue, profits, and book value, supported by disciplined management and a focus on traditional banking services. FSRL's asset and credit quality metrics remain solid, with non-performing assets well below critical thresholds and return on equity rising impressively to 12.9%. The stock is attractively valued, trading at a 10.1x P/E and below peers on price-to-book and price-to-tangible-book, justifying a soft ‘buy' rating.
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.
Financial Services
Banks - Regional
170
2004-03-30
0.26