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SABK

South Atlantic Bancshares OTCPK:SABK Stock Report

Last Price

US$14.99

Market Cap

US$113.1m

7D

-3.2%

1Y

4.5%

Updated

01 Oct, 2022

Data

Company Financials +
SABK fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance2/6
Financial Health6/6
Dividends0/6

SABK Stock Overview

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.

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$14.99
52 Week HighUS$16.50
52 Week LowUS$14.09
Beta0.64
1 Month Change3.74%
3 Month Change-0.99%
1 Year Change4.46%
3 Year Change20.69%
5 Year Change-3.01%
Change since IPO43.38%

Recent News & Updates

Shareholder Returns

SABKUS BanksUS Market
7D-3.2%-3.2%-2.5%
1Y4.5%-26.1%-23.2%

Return vs Industry: SABK exceeded the US Banks industry which returned -26.1% over the past year.

Return vs Market: SABK exceeded the US Market which returned -23.2% over the past year.

Price Volatility

Is SABK's price volatile compared to industry and market?
SABK volatility
SABK Average Weekly Movement2.7%
Banks Industry Average Movement3.4%
Market Average Movement6.9%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market2.8%

Stable Share Price: SABK is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: SABK's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2007153Wayne Wickerhttps://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

How do South Atlantic Bancshares's earnings and revenue compare to its market cap?
SABK fundamental statistics
Market CapUS$113.13m
Earnings (TTM)US$9.37m
Revenue (TTM)US$43.58m

12.1x

P/E Ratio

1.3x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SABK income statement (TTM)
RevenueUS$43.58m
Cost of RevenueUS$0
Gross ProfitUS$43.58m
Other ExpensesUS$34.21m
EarningsUS$9.37m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.24
Gross Margin100.00%
Net Profit Margin21.50%
Debt/Equity Ratio0.0%

How did SABK perform over the long term?

See historical performance and comparison