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
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 4/6 |
| Past Performance | 2/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for SABK from our risk checks.
My Notes
Capture your thoughts, links and company narrative
South Atlantic Bancshares, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$15.40 |
| 52 Week High | US$20.10 |
| 52 Week Low | US$10.45 |
| Beta | 0.38 |
| 1 Month Change | 0% |
| 3 Month Change | 9.69% |
| 1 Year Change | 20.78% |
| 3 Year Change | -0.26% |
| 5 Year Change | 22.22% |
| Change since IPO | 47.30% |
Recent News & Updates
Recent updates
Shareholder Returns
| SABK | US Banks | US Market | |
|---|---|---|---|
| 7D | 1.6% | 0.1% | -1.1% |
| 1Y | 20.8% | 28.7% | 22.4% |
Return vs Industry: SABK underperformed the US Banks industry which returned 29.4% over the past year.
Return vs Market: SABK underperformed the US Market which returned 23.7% over the past year.
Price Volatility
| SABK volatility | |
|---|---|
| SABK Average Weekly Movement | 5.8% |
| Banks Industry Average Movement | 5.2% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 17.6% |
| 10% least volatile stocks in US Market | 3.1% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2007 | 160 | Wayne Wicker | www.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
| SABK fundamental statistics | |
|---|---|
| Market cap | US$114.40m |
| Earnings (TTM) | US$9.08m |
| Revenue (TTM) | US$46.76m |
12.8x
P/E Ratio1.0x
P/B RatioIs SABK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SABK income statement (TTM) | |
|---|---|
| Revenue | US$46.76m |
| Cost of Revenue | US$0 |
| Gross Profit | US$46.76m |
| Other Expenses | US$37.68m |
| Earnings | US$9.08m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.21 |
| Gross Margin | 100.00% |
| Net Profit Margin | 19.42% |
| Debt/Equity Ratio | 165.8% |
How did SABK perform over the long term?
See historical performance and comparisonDividends
0.6%
Current Dividend Yield8%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 06:13 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
South Atlantic Bancshares, Inc. is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Rodis | Janney Montgomery Scott LLC |
| null null | Stephens, Inc. |