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.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 2/6 |
| Past Performance | 2/6 |
| Financial Health | 4/6 |
| Dividends | 2/6 |
South Atlantic Bancshares, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$10.71 |
| 52 Week High | US$12.95 |
| 52 Week Low | US$9.69 |
| Beta | 0.32 |
| 1 Month Change | -2.01% |
| 3 Month Change | -14.93% |
| 1 Year Change | -16.00% |
| 3 Year Change | -17.30% |
| 5 Year Change | -15.34% |
| Change since IPO | 2.44% |
Recent News & Updates
Recent updates
Shareholder Returns
| SABK | US Banks | US Market | |
|---|---|---|---|
| 7D | 0% | 1.9% | -3.2% |
| 1Y | -16.0% | 25.1% | 19.3% |
Return vs Industry: SABK underperformed the US Banks industry which returned 25.1% over the past year.
Return vs Market: SABK underperformed the US Market which returned 19.3% over the past year.
Price Volatility
| SABK volatility | |
|---|---|
| SABK Average Weekly Movement | 2.9% |
| Banks Industry Average Movement | 4.5% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.5% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: SABK has not had significant price volatility in the past 3 months.
Volatility Over Time: SABK's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2007 | 163 | 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$80.94m |
| Earnings (TTM) | US$10.02m |
| Revenue (TTM) | US$46.68m |
8.1x
P/E Ratio0.8x
P/B RatioIs SABK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SABK income statement (TTM) | |
|---|---|
| Revenue | US$46.68m |
| Cost of Revenue | US$0 |
| Gross Profit | US$46.68m |
| Other Expenses | US$36.66m |
| Earnings | US$10.02m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.33 |
| Gross Margin | 100.00% |
| Net Profit Margin | 21.46% |
| Debt/Equity Ratio | 200.8% |
How did SABK perform over the long term?
See historical performance and comparison