South Atlantic Bancshares (OTCMKTS:SABK - Get Free Report) released its quarterly earnings data on Thursday. The company reported $0.48 EPS for the quarter, beating the consensus estimate of $0.45 by $0.03, Zacks reports. The company had revenue of $15.13 million during the quarter, compared to analysts' expectations of $13.92 million.
South Atlantic Bancshares Price Performance
OTCMKTS SABK traded down $0.02 on Monday, hitting $16.40. 1,130 shares of the stock were exchanged, compared to its average volume of 3,367. South Atlantic Bancshares has a 52-week low of $13.30 and a 52-week high of $20.10. The company has a market capitalization of $123.00 million, a price-to-earnings ratio of 9.88 and a beta of 0.16. The company's 50-day moving average price is $15.70 and its two-hundred day moving average price is $15.43.
About South Atlantic Bancshares
(
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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.
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