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South Atlantic Bancshares OTCPK:SABK Stock Report

Last Price

US$16.24

Market Cap

US$130.2m

7D

5.7%

1Y

60.2%

Updated

20 Nov, 2024

Data

Company Financials +

South Atlantic Bancshares, Inc.

OTCPK:SABK Stock Report

Market Cap: US$130.2m

SABK Stock Overview

Operates as the bank holding company for South Atlantic Bank that provides consumer and commercial banking products and services to individuals, small businesses, and corporations in South Carolina. More details

SABK fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance2/6
Financial Health4/6
Dividends0/6

Rewards

Risk Analysis

No risks detected for SABK from our risk checks.

South Atlantic Bancshares, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for South Atlantic Bancshares
Historical stock prices
Current Share PriceUS$16.24
52 Week HighUS$20.10
52 Week LowUS$9.91
Beta0.37
11 Month Change13.89%
3 Month Change15.59%
1 Year Change60.16%
33 Year Change4.77%
5 Year Change33.01%
Change since IPO55.34%

Recent News & Updates

Recent updates

Shareholder Returns

SABKUS BanksUS Market
7D5.7%-0.9%-1.0%
1Y60.2%53.3%30.3%

Return vs Industry: SABK exceeded the US Banks industry which returned 54.2% over the past year.

Return vs Market: SABK exceeded the US Market which returned 30.4% over the past year.

Price Volatility

Is SABK's price volatile compared to industry and market?
SABK volatility
SABK Average Weekly Movement5.6%
Banks Industry Average Movement5.1%
Market Average Movement6.2%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market3.1%

Stable Share Price: SABK has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: SABK's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2007160Wayne Wickerwww.southatlantic.bank

South Atlantic Bancshares, Inc. operates as the bank holding company for South Atlantic Bank that provides consumer and commercial banking products and services to individuals, small businesses, and corporations in South Carolina. The company offers checking, money market, and saving accounts, as well as certificate of deposit, individual retirement, and health saving accounts; personal, auto, and recreation loans, as well as home equity and ready reserve overdraft line of credits, and commercial lending products; and credit cards. It also provides cash management and merchant card services; remote deposit capture and automated clearing house services; online, mobile, and telephone banking services; personal and business checks; mortgage products and services; and wealth management services.

South Atlantic Bancshares, Inc. Fundamentals Summary

How do South Atlantic Bancshares's earnings and revenue compare to its market cap?
SABK fundamental statistics
Market capUS$130.20m
Earnings (TTM)US$9.08m
Revenue (TTM)US$46.76m

13.5x

P/E Ratio

1.1x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SABK income statement (TTM)
RevenueUS$46.76m
Cost of RevenueUS$0
Gross ProfitUS$46.76m
Other ExpensesUS$37.68m
EarningsUS$9.08m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.21
Gross Margin100.00%
Net Profit Margin19.42%
Debt/Equity Ratio165.8%

How did SABK perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

8%

Payout Ratio