SouthPoint Bancshares
Market Cap
US$37.2m
Last Updated
2019/10/14 03:37 UTC
Data Sources
Company Financials
Executive Summary
SouthPoint Bancshares, Inc., through its subsidiary, SouthPoint Bank, provides various banking products and services in central Alabama.
Snowflake
Fundamentals
Flawless balance sheet with proven track record.
Share Price & News
How has SouthPoint Bancshares's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
0%
SOUB
1.4%
US Banks
1.0%
US Market
1 Year Return
n/a
SOUB
0.2%
US Banks
6.7%
US Market
Return vs Industry: Insufficient data to determine how SOUB performed against the US Banks industry.
Return vs Market: Insufficient data to determine how SOUB performed against the US Market.
Share holder returns
| SOUB | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 1.4% | 1.0% |
| 30 Day | 3.3% | -2.6% | -1.8% |
| 90 Day | 1.6% | 0.8% | -1.8% |
| 1 Year | n/a | 3.1%0.2% | 9.1%6.7% |
| 3 Year | n/a | 52.0%41.5% | 46.1%36.6% |
| 5 Year | n/a | 69.7%51.2% | 66.9%48.6% |
Price Volatility Vs. Market
How volatile is SouthPoint Bancshares's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is SouthPoint Bancshares undervalued based on future cash flows and its price relative to the stock market?
17%
Discount to future cash flow value
Intrinsic Value Based on Future Cash Flows
Undervalued: SOUB ($18.6) is trading below our estimate of fair value ($22.45)
Significantly Undervalued: SOUB is trading below fair value, but not by a significant amount.
Price Based on Earnings
PE vs Industry: SOUB is good value based on its PE Ratio (8.5x) compared to the Banks industry average (12.5x).
PE vs Market: SOUB is good value based on its PE Ratio (8.5x) compared to the US market (17.5x).
Price Based on Expected Growth
Low PEG Ratio: Insufficient data to calculate SOUB's PEG Ratio to determine if it is good value.
Price Based on Value of Assets
PB vs Industry: SOUB is overvalued based on its PB Ratio (1.2x) compared to the US Banks industry average (1.2x).
Next Steps
Future Growth
How is SouthPoint Bancshares expected to perform in the next 1 to 3 years based on estimates from 0 analysts?
1.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Earnings vs Savings Rate: SOUB's forecast earnings growth (1.5% per year) is below the savings rate (2.7%).
Earnings vs Market: SOUB's earnings (1.5% per year) are forecast to grow slower than the US market (14.5% per year).
High Growth Earnings: SOUB's earnings are forecast to grow, but not significantly.
Revenue vs Market: Insufficient data to determine if SOUB's revenue is forecast to grow faster than the US market.
High Growth Revenue: Insufficient data to determine if SOUB's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Estimates
Future Return on Equity
High Future ROE: Insufficient data to determine if SOUB's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has SouthPoint Bancshares performed over the past 5 years?
11.1%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: SOUB's earnings have grown by 11.1% per year over the past 5 years.
Accelerating Growth: SOUB's earnings growth over the past year (39.9%) exceeds its 5-year average (11.1% per year).
Earnings vs Industry: SOUB earnings growth over the past year (39.9%) exceeded the Banks industry 31.8%.
Return on Equity
High ROE: SOUB's Return on Equity (14.3%) is considered low.
Return on Assets
ROA vs Industry: SOUB has a higher Return on Assets than the Banks industry average last year.
Return on Capital Employed
ROCE Improving: Insufficient data to calculate SOUB's Return on Capital Employed to determine if it has improved over the past 3 years.
Next Steps
Financial Health
How is SouthPoint Bancshares's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Inventory Level: SOUB has a low level of unsold assets or inventory.
Debt Coverage by Assets: SOUB's debt is not covered by short term assets (assets are 0.6x debt).
Financial Institutions Analysis
Asset Level: SOUB's level of assets compared to its equity is moderate.
Allowance for Bad Loans: SOUB has a sufficient allowance for bad loans.
Low Risk Liabilities: SOUB's liabilities are made up of primarily low risk sources of funding.
Loan Level: SOUB has an acceptable proportion of non-loan assets held.
Low Risk Deposits: SOUB's loans are broadly funded by customer deposits.
Level of Bad Loans: SOUB has an appropriate level of bad loans (0.36%)
Next Steps
Dividend
What is SouthPoint Bancshares's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Dividend Yield and Payments Analysis
Notable Dividend: Unable to evaluate SOUB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate SOUB's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stable Dividend: Insufficient data to determine if SOUB's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SOUB's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SOUB's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
What is the CEO of SouthPoint Bancshares's salary, the management and board of directors tenure and is there insider trading?
3.8yrs
Average board tenure
CEO
Steve Smith (58yo)
3.8yrs
Tenure
James Stephen Smith serves as the Chairman, President and CEO of SouthPoint Bank (the “Bank”). He also serves on the Bank's Board of Directors and was one of the original founders of the Bank. He has over ...
Board Age and Tenure
3.8yrs
Average Tenure
Experienced Board: SOUB's board of directors are considered experienced (3.8 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Management Team
Steve Smith (58yo)
Chairman
- Tenure: 3.8yrs
Robin Trimm
Executive VP
- Tenure: 3.8yrs
Board Members
Christopher Harmon
Director
- Tenure: 3.8yrs
Robert Jolly
Director
- Tenure: 1.3yrs
Steve Smith (58yo)
Chairman
- Tenure: 3.8yrs
David Mims
Director
- Tenure: 3.8yrs
Stephen Leara
Director
- Tenure: 1.3yrs
Company Information
SouthPoint Bancshares, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: SouthPoint Bancshares, Inc.
- Ticker: SOUB
- Exchange: OTCPK
- Founded: 2005
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$37.233m
- Shares outstanding: 2.00m
- Website: https://southpoint.bank
Location
- SouthPoint Bancshares, Inc.
- 3501 Grandview Parkway
- Birmingham
- Alabama
- 35243
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SOUB | OTCPK (Pink Sheets LLC) | Yes | Common Stock | US | USD | Jun 2019 |
Biography
SouthPoint Bancshares, Inc., through its subsidiary, SouthPoint Bank, provides various banking products and services in central Alabama. The company accepts various deposits, such as checking, saving, mone ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/14 03:37 |
| End of Day Share Price | 2019/09/30 00:00 |
| Earnings | 2018/12/31 |
| Annual Earnings | 2018/12/31 |
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.