First Reliance Bancshares (FSRL) AI Stock Analysis

• Market Cap: $152.03M
• Dividend Yield: N/A
• Average Volume (3M): 5.87K
• Price to Earnings (P/E): 11.6
• Beta (1Y): -0.13
• Revenue Growth: 9.16%
• EPS Growth: 102.11%
• Country: US
• Employees: 170
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 1.62
• Shares Outstanding: 8,130,000
• 10 Day Avg. Volume: 10,118
• 30 Day Avg. Volume: 5,867
• PEG Ratio: 0.10
• Price to Book (P/B): 1.03
• Price to Sales (P/S): 1.38
• P/FCF Ratio: 7.30
• Enterprise Value/Market Cap: <0.01
• Enterprise Value/Revenue: <0.01
• Enterprise Value/Gross Profit: <0.01
• Enterprise Value/Ebitda: <0.01
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 1.54
• Revenue Forecast (FY): $52.10M

• Rating: 70 Outperform
• Price Target: $20.00 ▲(57.23% Upside)
• Action: Upgraded
• Date: 06/26/26

Positive Factors

Scale via Merger

The definitive merger with Colony creates materially greater scale (~$5B assets), broadening deposit and loan pools and enabling cost and product synergies. Scale improves funding stability, risk diversification, and ability to compete regionally while keeping local branding and leadership continuity.

Negative Factors

Historic Financial Volatility

Multi-year swings in revenue, margins, and leverage reduce predictability of earnings and capital planning. Persistent volatility raises the probability of future earnings surprises, complicates pricing of credit risk, and undermines confidence in consistent dividend or reinvestment policies.

First Reliance Bancshares Business Overview & Revenue Model

Company Description

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 ch...

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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 ch...

How the Company Makes Money

First Reliance Bancshares primarily makes money through its banking subsidiary by (1) earning net interest income and (2) generating noninterest income. Net interest income is the largest driver for most community banks and comes from the spread b...

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First Reliance Bancshares primarily makes money through its banking subsidiary by (1) earning net interest income and (2) generating noninterest income. Net interest income is the largest driver for most community banks and comes from the spread b...

First Reliance Bancshares Financial Statement Overview

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	65.68M	69.64M	39.26M	51.91M	42.16M	40.86M
Gross Profit	51.11M	48.85M	39.26M	36.49M	39.00M	38.84M
EBITDA	14.26M	15.10M	0.00	7.01M	8.78M	7.46M
Net Income	12.73M	10.91M	5.92M	4.60M	5.93M	5.28M
Balance Sheet
Total Assets	1.12B	1.09B	1.07B	975.77M	938.64M	912.18M
Cash, Cash Equivalents and Short-Term Investments	4.24M	4.03M	47.23M	21.94M	34.06M	150.12M
Total Debt	79.79M	44.11M	25.75M	36.62M	69.26M	53.81M
Total Liabilities	1.02B	1.00B	989.35M	904.37M	875.34M	841.38M
Stockholders Equity	95.88M	93.07M	77.76M	71.40M	63.30M	70.80M
Cash Flow
Free Cash Flow	0.00	13.19M	-9.49M	8.88M	24.20M	34.36M
Operating Cash Flow	0.00	17.96M	-8.93M	9.51M	25.35M	39.54M
Investing Cash Flow	0.00	-44.20M	-52.10M	-49.06M	-175.44M	-183.61M
Financing Cash Flow	0.00	11.15M	86.31M	27.69M	33.77M	195.50M

First Reliance Bancshares Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 12.72
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FSRL, the sentiment is Positive. The current price of 12.72 is below the 20-day moving average (MA) of 17.54, below the 50-day MA of 15.98, and below the 200-day MA of 13.71, indicating a bullish trend. The MACD of 0.91 indicates Negative momentum. The RSI at 80.34 is Negative, neither overbought nor oversold. The STOCH value of 74.91 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FSRL.

First Reliance Bancshares Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AUBN	76 Outperform	$94.32M	11.94	8.78%	4.16%	4.30%	20.85%
FSRL	70 Outperform	$152.03M	11.56	13.97%	―	9.16%	102.11%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
SSBI	65 Neutral	$88.93M	15.20	5.95%	―	-5.51%	―
UBCP	63 Neutral	$88.57M	11.07	11.80%	6.51%	7.19%	9.14%