South Atlantic Bancshares, Inc. (SABK)
Market Cap | 115.20M |
Revenue (ttm) | 48.79M |
Net Income (ttm) | 10.06M |
Shares Out | 7.56M |
EPS (ttm) | 1.31 |
PE Ratio | 11.63 |
Forward PE | 8.28 |
Dividend | 0.10 (0.67%) |
Ex-Dividend Date | Feb 14, 2025 |
Volume | 2,881 |
Average Volume | 1,221 |
Open | 14.95 |
Previous Close | 14.95 |
Day's Range | 14.95 - 15.24 |
52-Week Range | 10.50 - 20.10 |
Beta | 0.12 |
RSI | 60.12 |
Earnings Date | Apr 22, 2025 |
About South Atlantic Bancshares
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 prov... [Read more]
Financial Performance
In 2024, South Atlantic Bancshares's revenue was $48.79 million, an increase of 4.52% compared to the previous year's $46.68 million. Earnings were $10.06 million, an increase of 0.36%.
Financial StatementsNews

South Atlantic Bancshares, Inc. Declares Cash Dividend
MYRTLE BEACH, S.C. , Feb. 7, 2025 /PRNewswire/ -- South Atlantic Bancshares, Inc. ("South Atlantic" or the "Company") (OTCQX: SABK), the parent of South Atlantic Bank (the "Bank"), announced that its ...

South Atlantic Bancshares, Inc. Reports Earnings of $1.31 per Diluted Common Share for the Year Ended December 31, 2024
MYRTLE BEACH, S.C. , Jan. 23, 2025 /PRNewswire/ -- South Atlantic Bancshares, Inc. ("South Atlantic" or the "Company") (OTCQX: SABK), parent of South Atlantic Bank (the "Bank"), reported consolidated ...

Wicker Elected Treasurer of American Bankers Association Board of Directors
MYRTLE BEACH, S.C. , Oct. 29, 2024 /PRNewswire/ -- K.

South Atlantic Bancshares, Inc. Reports Earnings of $0.34 per Diluted Common Share for the Three Months Ended September 30, 2024
MYRTLE BEACH, S.C. , Oct. 23, 2024 /PRNewswire/ -- South Atlantic Bancshares, Inc. ("South Atlantic" or the "Company") (OTCQX: SABK), parent of South Atlantic Bank (the "Bank"), reported consolidated ...

Wicker Nominated for Treasurer of American Bankers Association Board of Directors
MYRTLE BEACH, S.C. , Sept. 17, 2024 /PRNewswire/ -- K.

South Atlantic Bancshares, Inc. Reports Earnings of $0.30 per Diluted Common Share for the Three Months Ended June 30, 2024
MYRTLE BEACH, S.C., July 25, 2024 /PRNewswire/ -- South Atlantic Bancshares, Inc. ("South Atlantic" or the "Company") (OTCQX: SABK), parent of South Atlantic Bank (the "Bank"), reported consolidated n...

South Atlantic Bancshares, Inc. Announces Authorization of Stock Repurchase Program
MYRTLE BEACH, S.C. , May 20, 2024 /PRNewswire/ -- South Atlantic Bancshares, Inc. ("South Atlantic" or the "Company") (OTCQX: SABK), parent of South Atlantic Bank (the "Bank"), today announced that th...

South Atlantic Bancshares, Inc. Reports Earnings of $0.26 per Diluted Common Share for the Quarter Ended March 31, 2024
MYRTLE BEACH, S.C. , April 23, 2024 /PRNewswire/ -- South Atlantic Bancshares, Inc. ("South Atlantic" or the "Company") (OTCQX: SABK), parent of South Atlantic Bank (the "Bank"), reported consolidated...

South Atlantic Bancshares, Inc. Declares Cash Dividend
MYRTLE BEACH, S.C. , Feb. 5, 2024 /PRNewswire/ -- South Atlantic Bancshares, Inc. ("South Atlantic" or the "Company") (OTCQX: SABK), the parent of South Atlantic Bank (the "Bank"), announced that its ...

South Atlantic Bancshares, Inc. Reports Earnings of $1.32 per Diluted Common Share for the Year Ended December 31, 2023
MYRTLE BEACH, S.C. , Jan. 25, 2024 /PRNewswire/ -- South Atlantic Bancshares, Inc. ("South Atlantic" or the "Company") (OTCQX: SABK), parent of South Atlantic Bank (the "Bank"), reported consolidated ...

South Atlantic Bank Named One of "America's Best Regional Banks and Credit Unions 2024" by Newsweek
MYRTLE BEACH, S.C. , Jan. 18, 2024 /PRNewswire/ -- South Atlantic Bank (OTCQX: SABK), was recognized as one of "America's Best Regional Banks and Credit Unions 2024" by Newsweek.

South Atlantic Bancshares, Inc. Reports Earnings of $0.29 per Diluted Common Share For the Three Months Ended September 30, 2023
MYRTLE BEACH, S.C. , Oct. 26, 2023 /PRNewswire/ -- South Atlantic Bancshares, Inc. ("South Atlantic" or the "Company") (OTCQX: SABK), parent of South Atlantic Bank (the "Bank"), reported consolidated ...

South Atlantic Bancshares, Inc. Reports Earnings of $0.33 per Diluted Common Share For the Three Months Ended June 30, 2023
MYRTLE BEACH, S.C. , July 25, 2023 /PRNewswire/ -- South Atlantic Bancshares, Inc. ("South Atlantic" or the "Company") (OTCQX: SABK), parent of South Atlantic Bank (the "Bank"), reported consolidated ...

South Atlantic Bancshares, Inc. Reports Earnings of $0.41 per Diluted Common Share For the Three Months Ended March 31, 2023
MYRTLE BEACH, S.C. , April 25, 2023 /PRNewswire/ -- South Atlantic Bancshares, Inc. ("South Atlantic" or the "Company") (OTCQX: SABK), parent of South Atlantic Bank (the "Bank"), reported consolidated...

South Atlantic Bancshares, Inc. Reports Record Earnings of $1.57 per Diluted Common Share for the Year Ended December 31, 2022
MYRTLE BEACH, S.C. , Jan. 24, 2023 /PRNewswire/ -- South Atlantic Bancshares, Inc. ("South Atlantic" or the "Company") (OTCQX: SABK), parent of South Atlantic Bank (the "Bank"), reported consolidated ...

South Atlantic Bancshares, Inc. Declares First Cash Dividend
MYRTLE BEACH, S.C. , Jan. 19, 2023 /PRNewswire/ -- South Atlantic Bancshares, Inc. ("South Atlantic" or the "Company") (OTCQX: SABK), parent of South Atlantic Bank (the "Bank"), announced that its Boa...

South Atlantic Bancshares, Inc. Names Minter Chief Operating Officer
MYRTLE BEACH, S.C. , Jan. 4, 2023 /PRNewswire/ -- South Atlantic Bancshares, Inc. (the "Company")(OTCQX: SABK), parent of South Atlantic Bank, is pleased to announce Travis A.

South Atlantic Bancshares, Inc. Reports Record Earnings of $0.47 per Diluted Common Share for the Three Months Ended September 30, 2022
MYRTLE BEACH, S.C. , Oct. 18, 2022 /PRNewswire/ -- South Atlantic Bancshares, Inc. ("South Atlantic" or the "Company") (OTCQX: SABK), parent of South Atlantic Bank (the "Bank"), reported consolidated ...

Wicker Elected to American Bankers Association Board of Directors
MYRTLE BEACH, S.C. , Oct. 4, 2022 /PRNewswire/ -- K.

Wicker Nominated to American Bankers Association Board of Directors
MYRTLE BEACH, S.C. , Aug. 26, 2022 /PRNewswire/ -- South Atlantic Bank is proud to announce that K.

South Atlantic Bancshares, Inc. Announces Departure of Chief Operations Officer
MYRTLE BEACH, S.C. , Aug. 19, 2022 /PRNewswire/ -- South Atlantic Bancshares, Inc. ("South Atlantic" or the "Company") (OTCQX: SABK), parent of South Atlantic Bank (the "Bank"), announced a change in ...

South Atlantic Bancshares, Inc. Reports Earnings of $0.33 per Diluted Common Share For the Three Months Ended June 30, 2022
MYRTLE BEACH, S.C. , July 19, 2022 /PRNewswire/ -- South Atlantic Bancshares, Inc. ("South Atlantic" or the "Company") (OTCQX: SABK), parent of South Atlantic Bank (the "Bank"), reported consolidated ...

South Atlantic Bancshares, Inc. Announces Authorization of a Stock Repurchase Program
MYRTLE BEACH, S.C. , May 23, 2022 /PRNewswire/ -- South Atlantic Bancshares, Inc. ("South Atlantic" or the "Company") (OTCQX: SABK), parent of South Atlantic Bank (the "Bank"), today announced that th...

South Atlantic Bancshares, Inc. Reports Earnings of $0.26 per Diluted Common Share For the Three Months Ended March 31, 2022
MYRTLE BEACH, S.C. , April 19, 2022 /PRNewswire/ -- South Atlantic Bancshares, Inc. ("South Atlantic" or the "Company") (OTCQX: SABK), parent of South Atlantic Bank (the "Bank"), reported consolidated...

South Atlantic Bancshares, Inc. Announces New Chief Financial Officer
MYRTLE BEACH, S.C. , April 12, 2022 /PRNewswire/ -- South Atlantic Bancshares, Inc. (the "Company")(OTCQX: SABK), parent of South Atlantic Bank (the "Bank"), is pleased to announce Matthew H.