NasdaqCM:BKSC

Stock Analysis Report

Bank of South Carolina

Executive Summary

Bank of South Carolina Corporation operates as the holding company for The Bank of South Carolina that provides commercial banking services to individuals, professionals, and small and middle market businesses in South Carolina.

Snowflake

Fundamentals

Flawless balance sheet with acceptable track record.

Risks

  • Bank of South Carolina is not covered by any analysts.

Similar Companies

Share Price & News

How has Bank of South Carolina's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-1.0%

NasdaqCM:BKSC

0.3%

US Banks

0.9%

US Market


1 Year Return

-11.0%

NasdaqCM:BKSC

-13.6%

US Banks

0.3%

US Market

BKSC outperformed the Banks industry which returned -14.2% over the past year.

BKSC underperformed the Market in United States of America which returned -0.5% over the past year.


Share holder returns

BKSCIndustryMarket
7 Day-1.0%0.3%0.9%
30 Day-1.9%-5.1%-1.9%
90 Day-3.2%-3.5%1.6%
1 Year-7.6%-11.0%-11.2%-13.6%2.6%0.3%
3 Year28.2%16.5%43.6%33.7%41.0%31.8%
5 Year77.1%49.8%53.7%37.0%55.2%38.0%

Price Volatility Vs. Market

How volatile is Bank of South Carolina's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Bank of South Carolina undervalued based on future cash flows and its price relative to the stock market?

14.56x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Bank of South Carolina's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Bank of South Carolina's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Bank of South Carolina is overvalued based on earnings compared to the US Banks industry average.

Bank of South Carolina is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Bank of South Carolina, we can't assess if its growth is good value.


Price Based on Value of Assets

Bank of South Carolina is overvalued based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is Bank of South Carolina expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

-3.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Bank of South Carolina is high growth as no revenue estimate data is available.

Bank of South Carolina's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

Unable to compare Bank of South Carolina's revenue growth to the United States of America market average as no estimate data is available.

Bank of South Carolina's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.

Bank of South Carolina's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Bank of South Carolina will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Bank of South Carolina performed over the past 5 years?

9.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Bank of South Carolina's year on year earnings growth rate has been positive over the past 5 years.

Bank of South Carolina's 1-year earnings growth exceeds its 5-year average (26.4% vs 9.3%)

Bank of South Carolina's earnings growth has not exceeded the US Banks industry average in the past year (26.4% vs 33.2%).


Return on Equity

Bank of South Carolina has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Bank of South Carolina used its assets more efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Bank of South Carolina improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is Bank of South Carolina's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

Bank of South Carolina has an acceptable proportion of non-loan assets held.

Bank of South Carolina has a sufficient allowance for bad loans.

Bank of South Carolina's liabilities are made up of primarily low risk sources of funding.

Bank of South Carolina's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).

Loans at Bank of South Carolina are broadly funded by customer deposits.

Bank of South Carolina has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is Bank of South Carolina's current dividend yield, its reliability and sustainability?

3.45%

Current Dividend Yield


Dividend Yield and Payments Analysis

Bank of South Carolina's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

Bank of South Carolina's dividend is below the markets top 25% of dividend payers in United States of America (3.84%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2.1x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Bank of South Carolina's salary, the management and board of directors tenure and is there insider trading?

4.2yrs

Average management tenure


CEO

Fleetwood Hassell (59yo)

7.3yrs

Tenure

US$314,088

Compensation

Mr. Fleetwood S. Hassell has been the President and Chief Executive Officer of The Bank of South Carolina Corporation and its subsidiary Bank of South Carolina since April 11, 2012. Mr. Hassell served as a ...


CEO Compensation Analysis

Fleetwood's remuneration is lower than average for companies of similar size in United States of America.

Fleetwood's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

4.2yrs

Average Tenure

60yo

Average Age

The tenure for the Bank of South Carolina management team is about average.


Board Age and Tenure

10.8yrs

Average Tenure

60yo

Average Age

The average tenure for the Bank of South Carolina board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

More shares have been bought than sold by Bank of South Carolina individual insiders in the past 3 months.


Recent Insider Transactions

BuyUS$48,75019 Aug 19
Eugene Walpole
EntityIndividual
Role
Member of the Board of Directors
Executive VP
Shares2,600
Max PriceUS$18.75
BuyUS$48,75019 Aug 19
Fleetwood Hassell
EntityIndividual
Role
Chief Executive Officer
President
Shares2,600
Max PriceUS$18.75
BuyUS$48,75019 Aug 19
Douglas Sass
EntityIndividual
Role
Member of the Board of Directors
Executive VP
Shares2,600
Max PriceUS$18.75
BuyUS$48,75019 Aug 19
Sheryl Sharry
EntityIndividual
Shares2,600
Max PriceUS$18.75
BuyUS$49,40012 Aug 19
Sheryl Sharry
EntityIndividual
Shares2,600
Max PriceUS$19.00
BuyUS$49,40012 Aug 19
Douglas Sass
EntityIndividual
Role
Member of the Board of Directors
Executive VP
Shares2,600
Max PriceUS$19.00
BuyUS$49,40012 Aug 19
Eugene Walpole
EntityIndividual
Role
Member of the Board of Directors
Executive VP
Shares2,600
Max PriceUS$19.00
BuyUS$49,40012 Aug 19
Fleetwood Hassell
EntityIndividual
Role
Chief Executive Officer
President
Shares2,600
Max PriceUS$19.00
BuyUS$26606 Aug 19
Susanne Boyd
EntityIndividual
Role
Member of the Board of Directors
Executive VP
Shares13.6
Max PriceUS$19.58
BuyUS$57806 Aug 19
Eugene Walpole
EntityIndividual
Role
Member of the Board of Directors
Executive VP
Shares29.97
Max PriceUS$19.28
BuyUS$49,11530 Jul 19
Sheryl Sharry
EntityIndividual
Shares2,585
Max PriceUS$19.00
BuyUS$49,11530 Jul 19
Douglas Sass
EntityIndividual
Role
Member of the Board of Directors
Executive VP
Shares2,585
Max PriceUS$19.00
BuyUS$49,11530 Jul 19
Fleetwood Hassell
EntityIndividual
Role
Chief Executive Officer
President
Shares2,585
Max PriceUS$19.00
BuyUS$49,11530 Jul 19
Eugene Walpole
EntityIndividual
Role
Member of the Board of Directors
Executive VP
Shares2,585
Max PriceUS$19.00
BuyUS$9,40519 Jul 19
Eugene Walpole
EntityIndividual
Role
Member of the Board of Directors
Executive VP
Shares500
Max PriceUS$18.81
BuyUS$27,06524 Jun 19
Sheryl Sharry
EntityIndividual
Shares1,483
Max PriceUS$18.25
BuyUS$27,06524 Jun 19
Douglas Sass
EntityIndividual
Role
Member of the Board of Directors
Executive VP
Shares1,483
Max PriceUS$18.25
BuyUS$27,06524 Jun 19
Fleetwood Hassell
EntityIndividual
Role
Chief Executive Officer
President
Shares1,483
Max PriceUS$18.25
BuyUS$27,06524 Jun 19
Eugene Walpole
EntityIndividual
Role
Member of the Board of Directors
Executive VP
Shares1,483
Max PriceUS$18.25
SellUS$319 Jun 19
Eugene Walpole
EntityIndividual
Role
Member of the Board of Directors
Executive VP
Shares0.19
Max PriceUS$18.33
BuyUS$49,00006 Jun 19
Eugene Walpole
EntityIndividual
Role
Member of the Board of Directors
Executive VP
Shares2,800
Max PriceUS$17.50
BuyUS$49,00006 Jun 19
Sheryl Sharry
EntityIndividual
Shares2,800
Max PriceUS$17.50
BuyUS$49,00006 Jun 19
Douglas Sass
EntityIndividual
Role
Member of the Board of Directors
Executive VP
Shares2,800
Max PriceUS$17.50
BuyUS$49,00006 Jun 19
Fleetwood Hassell
EntityIndividual
Role
Chief Executive Officer
President
Shares2,800
Max PriceUS$17.50
BuyUS$6,02004 Jun 19
Eugene Walpole
EntityIndividual
Role
Member of the Board of Directors
Executive VP
Shares335
Max PriceUS$17.97
BuyUS$6,02004 Jun 19
Sheryl Sharry
EntityIndividual
Shares335
Max PriceUS$17.97
BuyUS$6,02004 Jun 19
Douglas Sass
EntityIndividual
Role
Member of the Board of Directors
Executive VP
Shares335
Max PriceUS$17.97
BuyUS$6,02004 Jun 19
Fleetwood Hassell
EntityIndividual
Role
Chief Executive Officer
President
Shares335
Max PriceUS$17.97
BuyUS$88,20015 May 19
Sheryl Sharry
EntityIndividual
Shares4,500
Max PriceUS$19.60
BuyUS$88,20015 May 19
Douglas Sass
EntityIndividual
Role
Member of the Board of Directors
Executive VP
Shares4,500
Max PriceUS$19.60
BuyUS$88,20015 May 19
Fleetwood Hassell
EntityIndividual
Role
Chief Executive Officer
President
Shares4,500
Max PriceUS$19.60
BuyUS$88,20015 May 19
Eugene Walpole
EntityIndividual
Role
Member of the Board of Directors
Executive VP
Shares4,500
Max PriceUS$19.60
BuyUS$56703 May 19
Eugene Walpole
EntityIndividual
Role
Member of the Board of Directors
Executive VP
Shares29.35
Max PriceUS$19.32
BuyUS$1,50329 Apr 19
Sheryl Sharry
EntityIndividual
Shares81
Max PriceUS$18.56
SellUS$18,75019 Apr 19
Douglas Sass
EntityIndividual
Role
Member of the Board of Directors
Executive VP
Shares1,000
Max PriceUS$18.75
BuyUS$189,20019 Apr 19
Sheryl Sharry
EntityIndividual
Shares10,000
Max PriceUS$18.92
BuyUS$189,20019 Apr 19
Douglas Sass
EntityIndividual
Role
Member of the Board of Directors
Executive VP
Shares10,000
Max PriceUS$18.92
BuyUS$189,20019 Apr 19
Eugene Walpole
EntityIndividual
Role
Member of the Board of Directors
Executive VP
Shares10,000
Max PriceUS$18.92
BuyUS$189,20019 Apr 19
Fleetwood Hassell
EntityIndividual
Role
Chief Executive Officer
President
Shares10,000
Max PriceUS$18.92
BuyUS$10,20014 Feb 19
Linda Bradley McKee
EntityIndividual
Shares500
Max PriceUS$20.40
BuyUS$8,31614 Dec 18
Eugene Walpole
EntityIndividual
Role
Member of the Board of Directors
Executive VP
Shares462
Max PriceUS$18.00
BuyUS$8,31614 Dec 18
Sheryl Sharry
EntityIndividual
Shares462
Max PriceUS$18.00
BuyUS$8,31614 Dec 18
Douglas Sass
EntityIndividual
Role
Member of the Board of Directors
Executive VP
Shares462
Max PriceUS$18.00
BuyUS$8,31614 Dec 18
Fleetwood Hassell
EntityIndividual
Role
Chief Executive Officer
President
Shares462
Max PriceUS$18.00
BuyUS$37,50006 Dec 18
Charles Lane
EntityIndividual
Shares2,000
Max PriceUS$18.75
SellUS$19,48330 Nov 18
Douglas Sass
EntityIndividual
Role
Member of the Board of Directors
Executive VP
Shares985
Max PriceUS$19.78
SellUS$29730 Nov 18
Douglas Sass
EntityIndividual
Role
Member of the Board of Directors
Executive VP
Shares15
Max PriceUS$19.78
BuyUS$7,88016 Nov 18
Sheryl Sharry
EntityIndividual
Shares400
Max PriceUS$19.70
BuyUS$15,76016 Nov 18
Douglas Sass
EntityIndividual
Role
Member of the Board of Directors
Executive VP
Shares800
Max PriceUS$19.70
BuyUS$7,88016 Nov 18
Fleetwood Hassell
EntityIndividual
Role
Chief Executive Officer
President
Shares400
Max PriceUS$19.70
BuyUS$7,88016 Nov 18
Eugene Walpole
EntityIndividual
Role
Member of the Board of Directors
Executive VP
Shares400
Max PriceUS$19.70
BuyUS$11,82015 Nov 18
Sheryl Sharry
EntityIndividual
Shares600
Max PriceUS$19.70
BuyUS$11,82015 Nov 18
Douglas Sass
EntityIndividual
Role
Member of the Board of Directors
Executive VP
Shares600
Max PriceUS$19.70
BuyUS$11,82015 Nov 18
Eugene Walpole
EntityIndividual
Role
Member of the Board of Directors
Executive VP
Shares600
Max PriceUS$19.70
BuyUS$11,82015 Nov 18
Fleetwood Hassell
EntityIndividual
Role
Chief Executive Officer
President
Shares600
Max PriceUS$19.70
BuyUS$2,13526 Sep 18
Charles Lane
EntityIndividual
Shares107
Max PriceUS$19.95
BuyUS$6,00225 Sep 18
Eugene Walpole
EntityIndividual
Role
Member of the Board of Directors
Executive VP
Shares605
Max PriceUS$9.92
BuyUS$9,60431 Aug 18
Fleetwood Hassell
EntityIndividual
Role
Chief Executive Officer
President
Shares490
Max PriceUS$19.60
BuyUS$9,60431 Aug 18
Douglas Sass
EntityIndividual
Role
Member of the Board of Directors
Executive VP
Shares490
Max PriceUS$19.60
BuyUS$9,60431 Aug 18
Sheryl Sharry
EntityIndividual
Shares490
Max PriceUS$19.60
BuyUS$9,60431 Aug 18
Eugene Walpole
EntityIndividual
Role
Member of the Board of Directors
Executive VP
Shares490
Max PriceUS$19.60
BuyUS$7,02029 Aug 18
Fleetwood Hassell
EntityIndividual
Role
Chief Executive Officer
President
Shares360
Max PriceUS$19.50

Ownership Breakdown


Management Team

  • Charlie Ledford (71yo)

    Member of Advisory Board - West Ashley

    • Tenure: 0.0yrs
  • Richard Hutson (61yo)

    Secretary & Non Employee Director

    • Tenure: 14.6yrs
    • Compensation: US$5.55k
  • Fleetwood Hassell (59yo)

    President

    • Tenure: 7.3yrs
    • Compensation: US$314.09k
  • Susanne Boyd (42yo)

    Executive VP

    • Tenure: 1.3yrs
  • Doug Sass (61yo)

    Executive VP

    • Tenure: 6.3yrs
    • Compensation: US$223.91k
  • Costa Thomas

    Assistant Secretary

    • Tenure: 0.0yrs
  • Lauren Nilan

    Vice President of Internal Controls and Risk Management Officer

    • Tenure: 4.2yrs
  • Gene Walpole (34yo)

    Executive VP

    • Tenure: 1.3yrs
  • Mindy Buhrmaster

    Senior Vice President of Human Resources

    • Tenure: 0.0yrs

Board Members

  • Hugh Lane (71yo)

    Chairman of the Board

    • Tenure: 24.6yrs
    • Compensation: US$317.75k
  • William Hiott (74yo)

    Non Employee Director

    • Tenure: 24.6yrs
    • Compensation: US$9.15k
  • C. Coward (83yo)

    Member of North Charleston Advisory Board

    • Tenure: 6.8yrs
    • Compensation: US$3.40k
  • Steve Swanson (51yo)

    Non Executive Director

    • Tenure: 8.3yrs
    • Compensation: US$5.70k
  • Richard Hutson (61yo)

    Secretary & Non Employee Director

    • Tenure: 14.6yrs
    • Compensation: US$5.55k
  • Graham Eubank (51yo)

    Non-Employee Director

    • Tenure: 14.6yrs
    • Compensation: US$4.55k
  • Fleetwood Hassell (59yo)

    President

    • Tenure: 7.3yrs
    • Compensation: US$314.09k
  • Susanne Boyd (42yo)

    Executive VP

    • Tenure: 1.3yrs
  • Doug Sass (61yo)

    Executive VP

    • Tenure: 6.3yrs
    • Compensation: US$223.91k
  • Gene Walpole (34yo)

    Executive VP

    • Tenure: 1.3yrs

Company Information

Bank of South Carolina Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Bank of South Carolina Corporation
  • Ticker: BKSC
  • Exchange: NasdaqCM
  • Founded: 1986
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$102.439m
  • Shares outstanding: 5.53m
  • Website: https://www.banksc.com

Number of Employees


Location

  • Bank of South Carolina Corporation
  • 256 Meeting Street
  • PO Box 538
  • Charleston
  • South Carolina
  • 29401
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BKSCNasdaqCM (Nasdaq Capital Market)YesCommon SharesUSUSDOct 1986

Biography

Bank of South Carolina Corporation operates as the holding company for The Bank of South Carolina that provides commercial banking services to individuals, professionals, and small and middle market busine ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/19 23:33
End of Day Share Price2019/08/19 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.