South Atlantic Bancshares, Inc. (SABK)

OTCMKTS · Delayed Price · Currency is USD
23.38
0.00 (0.00%)
May 22, 2026, 9:30 AM EST
Market Cap177.53M +50.1%
Revenue (ttm)61.65M +19.6%
Net Income17.30M +51.9%
EPS2.25 +52.0%
Shares Out 7.59M
PE Ratio10.39
Forward PE9.63
Dividend0.10 (0.43%)
Ex-Dividend DateFeb 13, 2026
Volumen/a
Open23.38
Previous Close23.38
Day's Range23.38 - 23.38
52-Week Range14.56 - 24.65
Beta0.09
Analystsn/a
Price Targetn/a
Earnings DateJul 23, 2026

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 173
Stock Exchange OTCMKTS
Ticker Symbol SABK
Full Company Profile

Financial Performance

In 2025, South Atlantic Bancshares's revenue was $59.83 million, an increase of 22.64% compared to the previous year's $48.79 million. Earnings were $16.17 million, an increase of 60.78%.

Financial Statements

News

South Atlantic Bancshares, Inc. Reports Earnings of $0.58 per Diluted Common Share for the Quarter Ended March 31, 2026

MYRTLE BEACH, S.C., April 23, 2026 /PRNewswire/ -- South Atlantic Bancshares, Inc. ("South Atlantic" or the "Company") (OTCQX: SABK), parent of South Atlantic Bank (the "Bank"), reported consolidated ...

4 weeks ago - PRNewsWire

South Atlantic Bancshares, Inc. Declares Cash Dividend

MYRTLE BEACH, S.C., Feb. 6, 2026 /PRNewswire/ -- South Atlantic Bancshares, Inc. ("South Atlantic" or the "Company") (OTCQX: SABK), the parent of South Atlantic Bank (the "Bank"), announced that its B...

3 months ago - PRNewsWire

South Atlantic Bancshares, Inc. Names Jason Caskey to Board of Directors

MYRTLE BEACH, S.C., Jan. 26, 2026 /PRNewswire/ -- South Atlantic Bancshares, Inc. (OTCQX: SABK), parent of South Atlantic Bank, is pleased to announce the appointment of Jason Caskey to its Board of D...

4 months ago - PRNewsWire

South Atlantic Bancshares, Inc. Reports Earnings of $2.10 per Diluted Common Share for the Year Ended December 31, 2025

MYRTLE BEACH, S.C., Jan. 22, 2026 /PRNewswire/ -- South Atlantic Bancshares, Inc. ("South Atlantic" or the "Company") (OTCQX: SABK), parent of South Atlantic Bank (the "Bank"), reported consolidated n...

4 months ago - PRNewsWire

South Atlantic Bank CEO Elected Treasurer of American Bankers Association Board of Directors

MYRTLE BEACH, S.C., Oct. 27, 2025 /PRNewswire/ -- K. Wayne Wicker, chairman and CEO of South Atlantic Bank, has been elected treasurer of the 2025-2026 American Bankers Association (ABA) board of dire...

7 months ago - PRNewsWire

South Atlantic Bancshares, Inc. Reports Earnings of $0.57 per Diluted Common Share for the Three Months Ended September 30, 2025

MYRTLE BEACH, S.C. , Oct. 23, 2025 /PRNewswire/ -- South Atlantic Bancshares, Inc. ("South Atlantic" or the "Company") (OTCQX: SABK), parent of South Atlantic Bank (the "Bank"), reported consolidated ...

7 months ago - PRNewsWire

South Atlantic Bancshares, Inc. Reports Earnings of $0.48 per Diluted Common Share for the Three Months Ended June 30, 2025

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

10 months ago - PRNewsWire

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...

1 year 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...

1 year 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 ...

1 year ago - PRNewsWire

South Atlantic Bancshares upgraded to Buy at Janney following 17% pullback

As previously reported, Janney Montgomery Scott analyst John Rodis upgraded South Atlantic Bancshares (SABK) to Buy from Neutral with an unchanged $19 fair value estimate based on valuation. Since Nov...

1 year ago - TheFly

South Atlantic upgraded to Buy from Neutral at Janney Montgomery Scott

Janney Montgomery Scott upgraded South Atlantic Bancshares (SABK) to Buy from Neutral with a $19 fair value estimate.

1 year ago - TheFly

South Atlantic Bancshares downgraded to Neutral from Buy at Janney Montgomery Scott

Janney Montgomery Scott analyst John Rodis downgraded South Atlantic Bancshares (SABK) to Neutral from Buy with a fair value estimate of $19, up from $17.25. Since the firm upgraded the…

1 year ago - TheFly

Janney upgrades South Atlantic Bancshares to Buy on valuation

Janney Montgomery Scott upgraded South Atlantic Bancshares (SABK) to Buy from Neutral with a fair value estimate of $17.25, up from $16.25. The firm cites valuation for the upgrade. It…

1 year ago - TheFly

South Atlantic upgraded to Buy from Neutral at Janney Montgomery Scott

Janney Montgomery Scott upgraded South Atlantic Bancshares (SABK) to Buy from Neutral with a $17.25 fair value estimate.

1 year ago - TheFly

Wicker Elected Treasurer of American Bankers Association Board of Directors

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

1 year 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 ...

1 year ago - PRNewsWire

Wicker Nominated for Treasurer of American Bankers Association Board of Directors

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

1 year 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...

2 years 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...

2 years 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 ...

2 years 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.

2 years 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 ...

2 years 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 ...

3 years ago - PRNewsWire