SBNC.M Stock Overview

SBNC.M fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	3/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 76.2% below our estimate of its fair value

Risk Analysis

Shares are highly illiquid

My Notes

Capture your thoughts, links and company narrative

Southern BancShares (N.C.), Inc. Competitors

Five Star Bancorp

NasdaqGS:FSBC

US$652.2m

Southern Missouri Bancorp

NasdaqGM:SMBC

US$661.9m

Metropolitan Bank Holding

NYSE:MCB

US$665.7m

HomeTrust Bancshares

NasdaqGS:HTBI

US$592.4m

Price History & Performance

Summary of share price highs, lows and changes for Southern BancShares (N.C.)
Historical stock prices
Current Share Price	US$12.70
52 Week High	US$13.40
52 Week Low	US$12.25
Beta	0.40
1 Month Change	-0.16%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	-25.56%
5 Year Change	-20.63%
Change since IPO	15.45%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	SBNC.M	US Banks	US Market
7D	-0.2%	3.1%	2.8%
1Y	n/a	29.1%	24.5%

Return vs Industry: Insufficient data to determine how SBNC.M performed against the US Banks industry.

Return vs Market: Insufficient data to determine how SBNC.M performed against the US Market.

Price Volatility

Is SBNC.M's price volatile compared to industry and market?
SBNC.M volatility
SBNC.M Average Weekly Movement	n/a
Banks Industry Average Movement	5.2%
Market Average Movement	6.3%
10% most volatile stocks in US Market	17.1%
10% least volatile stocks in US Market	3.1%

Stable Share Price: SBNC.M's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine SBNC.M's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1901	n/a	Drew Covert	www.southernbank.com

Southern BancShares, (N.C.), Inc. operates as the bank holding company for Southern Bank and Trust Company that provides banking services to consumers and businesses in Eastern North Carolina and southeastern Virginia. The company provides checking, savings, money market, demand, and time deposits, as well as certificates of deposit. It also offers commercial loans, including construction and land development, agricultural, industrial, commercial mortgages, paycheck protection program, and other loans; and non-commercial loans, such as consumer, construction and land development, demand overdrafts, residential mortgage, and revolving mortgage.

Southern BancShares (N.C.), Inc. Fundamentals Summary

How do Southern BancShares (N.C.)'s earnings and revenue compare to its market cap?
SBNC.M fundamental statistics
Market cap	US$615.81m
Earnings (TTM)	US$104.17m
Revenue (TTM)	US$233.34m

5.9x

P/E Ratio

1.2x

P/B Ratio

Is SBNC.M overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SBNC.M income statement (TTM)
Revenue	US$233.34m
Cost of Revenue	US$0
Gross Profit	US$233.34m
Other Expenses	US$129.17m
Earnings	US$104.17m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	1.37k
Gross Margin	100.00%
Net Profit Margin	44.64%
Debt/Equity Ratio	70.5%

How did SBNC.M perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

2%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/25 09:49
End of Day Share Price	2024/12/19 00:00
Earnings	2024/06/30
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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Southern BancShares (N.C.), Inc. is covered by 0 analysts. 0 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