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South Atlantic Bancshares (SABK) Expected to Announce Quarterly Earnings on Thursday

South Atlantic Bancshares logo with Finance background

South Atlantic Bancshares (OTCMKTS:SABK - Get Free Report) is expected to be announcing its earnings results on Thursday, July 24th. Analysts expect the company to announce earnings of $0.45 per share for the quarter.

South Atlantic Bancshares (OTCMKTS:SABK - Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The company reported $0.43 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.40 by $0.03. The firm had revenue of $14.28 million during the quarter, compared to analysts' expectations of $13.70 million. On average, analysts expect South Atlantic Bancshares to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

South Atlantic Bancshares Trading Up 0.2%

Shares of South Atlantic Bancshares stock traded up $0.03 on Friday, reaching $16.00. The stock had a trading volume of 5,271 shares, compared to its average volume of 2,608. South Atlantic Bancshares has a 1 year low of $13.30 and a 1 year high of $20.10. The company has a market cap of $120.03 million, a P/E ratio of 10.81 and a beta of 0.16. The business's 50 day moving average is $15.65 and its two-hundred day moving average is $15.42.

South Atlantic Bancshares Company Profile

(Get Free Report)

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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Earnings History for South Atlantic Bancshares (OTCMKTS:SABK)

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