Southern BancShares (N.C.), Inc.

OTCPK:SBNC.M Stock Report

Market Cap: US$642.4m

Southern BancShares (N.C.) Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Drew Covert

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure4.6yrs
CEO ownershipn/a
Management average tenure4.6yrs
Board average tenure13yrs

Recent management updates

No updates

Recent updates

No updates

CEO

Drew Covert (56 yo)

4.6yrs

Tenure

Mr. Drew M. Covert is Chairman at Southern BancShares (N.C.), Inc. He has been Chief Executive Officer & Chairman of the Board of Southern Bank and Trust Company and President of Southern BancShares (NC) s...

Leadership Team

NamePositionTenureCompensationOwnership
Drew Covert
CEO & Chairman4.6yrsno datano data
L. Harrell
President4.6yrsno datano data
David Sauls
Executive VP & CFO2.7yrsno datano data
Edward Coltrain
Executive VP & COOno datano datano data
Valerie Roberson
Senior VP & Human Resources Managerno datano datano data
Michael Bryant
Executive VP & Regional Executive7yrsno datano data
Jerry Alexander
Executive VP & Regional Executive7yrsno datano data
Sondra McCorquodale
Executive VP & Chief Digital Officer6yrsno datano data
Robert Wood
Executive VP & Chief Credit Officer4yrsno datano data
W. Dudley
Executive Vice President of Regional Executiveno datano datano data
W. Waughtel
Executive VP & Regional Executiveno datano datano data
T. Scott
Senior VP & Regional Executiveless than a yearno datano data

4.6yrs

Average Tenure

56yo

Average Age

Experienced Management: SBNC.M's management team is considered experienced (4.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Drew Covert
CEO & Chairman11yrsno datano data
Hope Bryant
Director33yrsUS$15.63kno data
John Pegram
Director28yrsUS$53.72kno data
M. McSorley
Director Emeritus6yrsUS$20.30kno data
William Bryan
Director33yrsUS$20.84kno data
Malcolm Sullivan
Director13yrsUS$14.90kno data
Joel Butler
Director11yrsUS$11.87kno data
J. Morgan
Director16yrsno datano data
Michael Chestnutt
Director13yrsUS$21.26kno data
G. Ivey
Director17.3yrsUS$21.38kno data
Julian Aycock
Director12yrsUS$15.63kno data
Thomas Sallenger
Director12yrsUS$12.90kno data

13.0yrs

Average Tenure

68yo

Average Age

Experienced Board: SBNC.M's board of directors are seasoned and experienced ( 13 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/13 03:18
End of Day Share Price 2025/01/10 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

AnalystInstitution