First Reliance Bancshares, Inc. FSRL OTC

First Reliance Bancshares, Inc. (FSRL) generated $17.96M in operating cash flow for fiscal year 2025. After capital expenditures of $4.77M, free cash flow was $13.19M.

Free cash flow margin was 18.9% of revenue. Cash conversion ratio was 1.65x, indicating earnings are backed by cash.

The company returned $2.39M in share buybacks to shareholders during the period.

Criteria supported by this page:

• HEALTH (33/100, Fail) — weak cash flow raises concerns about debt servicing
• MOAT (35/100, Fail) — limited free cash flow weakens the competitive position
• INCOME (70/100) — Cash conversion ratio was 1.65x confirms earnings are backed by real cash flow

Overall SharesGrow Score: 77/100 with 5/7 criteria passed.