South Atlantic Bancshares, Inc. (SABK)

OTCMKTS · Delayed Price · Currency is USD
15.95
-0.02 (-0.13%)
Jul 16, 2025, 10:55 AM EDT
22.98%
Market Cap119.07M
Revenue (ttm)51.54M
Net Income (ttm)11.39M
Shares Out7.46M
EPS (ttm)1.48
PE Ratio10.79
Forward PE8.29
Dividend0.10 (0.63%)
Ex-Dividend DateFeb 14, 2025
Volume200
Average Volume2,808
Open15.85
Previous Close15.97
Day's Range15.85 - 15.95
52-Week Range12.71 - 20.10
Beta0.16
RSI58.99
Earnings DateJul 25, 2025

About South Atlantic Bancshares

South Atlantic Bancshares, Inc. operates as the bank holding company for South Atlantic Bank that provides various banking products and services to individuals and small businesses in the United States. The company offers checking, money market, and savings accounts, as well as certificates of deposit, individual retirement accounts, and health savings accounts. It also provides personal, auto, and recreation loans, as well as home equity and ready reserve overdraft line of credits, and commercial lending products; and credit cards. In addition... [Read more]

Sector Financials
Founded 2007
Employees 159
Stock Exchange OTCMKTS
Ticker Symbol SABK
Full Company Profile

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 0.37%.

Financial Statements

News

South Atlantic Bancshares, Inc. Announces Authorization of New Stock Repurchase Program

MYRTLE BEACH, S.C. , June 11, 2025 /PRNewswire/ -- South Atlantic Bancshares, Inc. ("South Atlantic" or the "Company") (OTCQX: SABK), parent of South Atlantic Bank (the "Bank"), today announced that t...

4 weeks ago - PRNewsWire

South Atlantic Bancshares, Inc. Reports Earnings of $0.43 per Diluted Common Share for the Quarter Ended March 31, 2025

MYRTLE BEACH, S.C. , April 24, 2025 /PRNewswire/ -- South Atlantic Bancshares, Inc. ("South Atlantic" or the "Company") (OTCQX: SABK), parent of South Atlantic Bank (the "Bank"), reported consolidated...

2 months ago - PRNewsWire

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 ...

5 months ago - PRNewsWire

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 ...

6 months ago - PRNewsWire

Wicker Elected Treasurer of American Bankers Association Board of Directors

MYRTLE BEACH, S.C. , Oct. 29, 2024 /PRNewswire/ -- K.

9 months ago - PRNewsWire

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 ...

9 months ago - PRNewsWire

Wicker Nominated for Treasurer of American Bankers Association Board of Directors

MYRTLE BEACH, S.C. , Sept. 17, 2024 /PRNewswire/ -- K.

10 months ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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 ...

1 year ago - PRNewsWire

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 ...

1 year ago - PRNewsWire

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.

1 year ago - PRNewsWire

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 ...

1 year ago - PRNewsWire

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 ...

2 years ago - PRNewsWire

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...

2 years ago - PRNewsWire

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 ...

2 years ago - PRNewsWire

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...

2 years ago - PRNewsWire

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.

2 years ago - PRNewsWire

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 ...

2 years ago - PRNewsWire

Wicker Elected to American Bankers Association Board of Directors

MYRTLE BEACH, S.C. , Oct. 4, 2022 /PRNewswire/ -- K.

3 years ago - PRNewsWire

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.

3 years ago - PRNewsWire

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 ...

3 years ago - PRNewsWire

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 ...

3 years ago - PRNewsWire

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...

3 years ago - PRNewsWire