Southern BancShares (N.C.) (OTCPK:SBNC) - Stock Price, News & Analysis

SBNC Stock Overview

SBNC 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 77.9% below our estimate of its fair value

Risk Analysis

No risks detected for SBNC from our risk checks.

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

River City Bank

OTCPK:RCBC

US$482.9m

Thomasville Bancshares

OTCPK:THVB

US$444.7m

Alpine Banks of Colorado

OTCPK:ALPI.B

US$534.5m

Mid Penn Bancorp

NasdaqGM:MPB

US$601.2m

Price History & Performance

Summary of all time highs, changes and price drops for Southern BancShares (N.C.)
Historical stock prices
Current Share Price	US$7,225.01
52 Week High	US$7,499.99
52 Week Low	US$4,925.00
Beta	0.38
11 Month Change	16.53%
3 Month Change	18.44%
1 Year Change	44.50%
33 Year Change	24.57%
5 Year Change	87.42%
Change since IPO	2,527.28%

Recent updates

Shareholder Returns

	SBNC	US Banks	US Market
7D	3.2%	1.8%	2.2%
1Y	44.5%	57.8%	31.7%

Return vs Industry: SBNC underperformed the US Banks industry which returned 55.5% over the past year.

Return vs Market: SBNC exceeded the US Market which returned 31.1% over the past year.

Price Volatility

Is SBNC's price volatile compared to industry and market?
SBNC volatility
SBNC Average Weekly Movement	5.1%
Banks Industry Average Movement	5.2%
Market Average Movement	6.3%
10% most volatile stocks in US Market	15.8%
10% least volatile stocks in US Market	3.1%

Stable Share Price: SBNC has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: SBNC's weekly volatility (5%) has been stable 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 fundamental statistics
Market cap	US$539.78m
Earnings (TTM)	US$104.17m
Revenue (TTM)	US$233.34m

5.3x

P/E Ratio

1.1x

P/B Ratio

Is SBNC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SBNC 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 perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

2%

Payout Ratio

Does SBNC pay a reliable dividends?

See SBNC dividend history and benchmarks

When do you need to buy SBNC by to receive an upcoming dividend?
Southern BancShares (N.C.) dividend dates
Ex Dividend Date	Nov 29 2024
Dividend Pay Date	Dec 13 2024
Days until Ex dividend	5 days
Days until Dividend pay date	19 days