OTCPK:FSBS.P

Stock Analysis Report

Executive Summary

First South Bancorp, Inc. operates as the bank holding company for First South Bank that provides banking products and services in South Carolina.

Snowflake

Fundamentals

Weak fundamentals or lack of information.

Share Price & News

How has First South Bancorp's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

FSBS.P

1.4%

US Banks

1.0%

US Market


1 Year Return

117.3%

FSBS.P

0.2%

US Banks

6.7%

US Market


Share holder returns

FSBS.PIndustryMarket
7 Day0%1.4%1.0%
30 Day0.9%-2.6%-1.8%
90 Dayn/a0.8%-1.8%
1 Year117.3%117.3%3.1%0.2%9.1%6.7%
3 Yearn/a52.0%41.5%46.1%36.6%
5 Yearn/a69.7%51.2%66.9%48.6%

Price Volatility Vs. Market

How volatile is First South Bancorp's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is First South Bancorp undervalued based on future cash flows and its price relative to the stock market?


Intrinsic Value Based on Future Cash Flows

Undervalued: Insufficient data to calculate FSBS.P's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate FSBS.P's fair value to establish if it is undervalued.


Price Based on Earnings

PE vs Industry: Insufficient data to calculate FSBS.P's PE Ratio to determine if it is good value compared to the Banks industry average.

PE vs Market: Insufficient data to calculate FSBS.P's PE Ratio to determine if it is good value compared to the US market.


Price Based on Expected Growth

Low PEG Ratio: Insufficient data to calculate FSBS.P's PEG Ratio to determine if it is good value.


Price Based on Value of Assets

PB vs Industry: Insufficient data to calculate FSBS.P's PB Ratio to determine if it is good value.


Next Steps

Future Growth

How is First South Bancorp expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

1.3%

Forecasted Banks industry annual growth in earnings


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Earnings vs Savings Rate: Insufficient data to determine if FSBS.P's forecast earnings growth is above the savings rate (2.7%).

Earnings vs Market: Insufficient data to determine if FSBS.P's earnings are forecast to grow faster than the US market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if FSBS.P's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if FSBS.P's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Estimates


Future Return on Equity

Information is not available.


Next Steps

Past Performance

How has First South Bancorp performed over the past 5 years?

15.5%

Historical Banks annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if FSBS.P's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare FSBS.P's past year earnings growth to its 5-year average.

Earnings vs Industry: Insufficient data to determine if FSBS.P's earnings growth over the past year exceeded the Banks industry average.


Return on Equity

High ROE: FSBS.P has a negative Return on Equity (0%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: Insufficient data to calculate FSBS.P's Return on Assets to determine if it is higher than the Banks industry average last year.


Return on Capital Employed

ROCE Improving: Insufficient data to calculate FSBS.P's Return on Capital Employed to determine if it has improved over the past 3 years.


Next Steps

Financial Health

How is First South Bancorp's financial position?


Financial Position Analysis

Short Term Liabilities: Insufficient data to determine if FSBS.P's short term assets cover its short term liabilities

Long Term Liabilities: FSBS.P has no long term liabilities


Debt to Equity History and Analysis

Debt Level: Insufficient data to calculate FSBS.P's debt to equity ratio to determine if it is satisfactory

Reducing Debt: Insufficient data to determine if FSBS.P's debt to equity ratio has reduced over the past 5 years.


Balance Sheet

Information is not available.

Information is not available.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if FSBS.P has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if FSBS.P has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is First South Bancorp's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.8%industryaverage2.5%forecastin3Yearsn/a

Current dividend yield vs market & industry


Dividend Yield and Payments Analysis

Notable Dividend: Unable to evaluate FSBS.P's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate FSBS.P's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if FSBS.P's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if FSBS.P's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of FSBS.P's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

US$377k

CEO Compensation


CEO

Barry Slider (65yo)

0yrs

Tenure

US$376,977

Compensation

Mr. Barry L. Slider serves as Vice Chairman, Chief Executive Officer and President of First South Bancorp, Inc. Mr. Slider served as Senior Vice President of Branch Banking & Trust Company, Spartanburg, S. ...


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Barry Slider (65yo)

    Vice Chairman

    • Tenure: 0yrs
    • Compensation: US$376.98k
  • Jeff Hooper (49yo)

    Executive VP & CFO

    • Tenure: 0yrs
  • Frank Callison

    Executive VP & Chief Credit Officer of First South Bank

    • Tenure: 0yrs

Board Members

  • Roger A. Habisreutinger (76yo)

    Chairman of the Board

    • Tenure: 0yrs
    • Compensation: US$40.20k
  • Herman Ratchford (85yo)

    Director Emeritus

    • Tenure: 0yrs
    • Compensation: US$28.60k
  • Chandrakant Shanbhag (68yo)

    Director

    • Tenure: 23.3yrs
    • Compensation: US$38.75k
  • Barry Slider (65yo)

    Vice Chairman

    • Tenure: 0yrs
    • Compensation: US$376.98k
  • David White (62yo)

    Director & Director of First South Bank

    • Tenure: 20.3yrs
    • Compensation: US$32.90k
  • James Ratchford

    Director

    • Tenure: 0yrs
  • David Rinz

    Director

    • Tenure: 0yrs

Company Information

First South Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: First South Bancorp, Inc.
  • Ticker: FSBS.P
  • Exchange: OTCPK
  • Founded: 1996
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$37.160m
  • Shares outstanding: 32.60m
  • Website: https://www.firstsouthbancorp.com

Location

  • First South Bancorp, Inc.
  • 1450 John B. White Sr. Boulevard
  • Spartanburg
  • South Carolina
  • 29306
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FSBSOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJan 2000
FSBS.POTCPK (Pink Sheets LLC)PFD SER AUSUSDMay 2009

Biography

First South Bancorp, Inc. operates as the bank holding company for First South Bank that provides banking products and services in South Carolina. It offers demand, savings, time, and other deposit account ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/04/30 00:27
End of Day Share Price2019/04/17 00:00
Earnings2015/12/31
Annual Earnings2015/12/31


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.

© 2018 SIMPLY WALL STREET PTY LTD, COMMUNITY DESIGN 2845206, US DESIGN PATENT #29/544/281, EUROPEAN DESIGN REGISTRATION #2845206, STANDARD & POOR’S FINANCIAL SERVICES LLC. ALL RIGHTS RESERVED.

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Copyright © 2018, Standard & Poor’s Financial Services LLC. Reproduction of S&P Capital IQ in any form is prohibited except with the prior written permission of S&P. S&P does not guarantee the accuracy, adequacy, completeness or availability of any information and is not responsible for any errors or omissions, regardless of the cause or for the results obtained from the use of such information. S&P DISCLAIMS ANY AND ALL EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO, ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE. In no event shall S&P be liable for any direct, indirect, special or consequential damages, costs, expenses, legal fees, or losses (including lost income or lost profit and opportunity costs) in connection with subscriber’s or others’ use of S&P Capital IQ. (2018)