South Atlantic Bancshares (SABK) Stock Price, News & Analysis

Company Overview

South Atlantic Bancshares, Inc. is a bank holding company headquartered in Cary, North Carolina, serving as the parent organization for South Atlantic Bank. The company provides a full suite of community banking services designed to meet the needs of individuals, small businesses, and commercial clients. Its core deposit products include checking and savings accounts, money market accounts, and certificates of deposit, complemented by digital banking solutions for online and mobile account management.

On the lending side, South Atlantic Bancshares offers a diversified portfolio of loan products, including commercial real estate financing, construction and development loans, equipment financing, and residential mortgage loans. The company’s credit strategies emphasize relationship-based underwriting, risk management, and local market expertise to support both startup ventures and established enterprises across a variety of industries.

Focusing primarily on the Research Triangle region and surrounding markets of North Carolina, South Atlantic Bancshares maintains branch offices and lending centers that foster close community ties. The bank’s regional footprint allows it to tailor its offerings to the economic dynamics of its service areas, which include Wake, Durham, Orange, and Johnston counties. Through participation in local chambers of commerce and community development initiatives, the company seeks to promote economic growth and financial inclusion in its core markets.

Founded in the early 2000s, South Atlantic Bancshares has grown through a combination of organic expansion and selective market opportunities. The company’s governance structure comprises an experienced board of directors and a senior management team with extensive backgrounds in commercial banking, risk management, and financial services. Under their stewardship, South Atlantic Bancshares continues to pursue a strategy of prudent growth, customer-centric innovation, and commitment to the communities it serves.

Key Stats

• Today's Range: $15.99 to $16.00
• 50-Day Range: $14.60 to $16.00
• 52-Week Range: $13.30 to $20.10
• Volume: 5,271 shs
• Average Volume: 2,608 shs
• Market Capitalization: $120 million
• P/E Ratio: 10.81
• Dividend Yield: 0.63%
• Price Target: $19.00
• Consensus Rating: Buy

South Atlantic Bancshares Stock Analysis - MarketRank™

South Atlantic Bancshares scored higher than 63% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Buy

Consensus Rating

South Atlantic Bancshares has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

South Atlantic Bancshares has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 19.26%

Earnings Growth

Earnings for South Atlantic Bancshares are expected to grow by 19.26% in the coming year, from $1.35 to $1.61 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of South Atlantic Bancshares is 10.81, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.98.

Price to Earnings Ratio vs. Sector

The P/E ratio of South Atlantic Bancshares is 10.81, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.37.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.03% of the float of South Atlantic Bancshares has been sold short.

Short Interest Ratio / Days to Cover

South Atlantic Bancshares has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in South Atlantic Bancshares has recently increased by 58.33%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

South Atlantic Bancshares has a dividend yield of 0.63%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

South Atlantic Bancshares does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of South Atlantic Bancshares is 6.76%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, South Atlantic Bancshares will have a dividend payout ratio of 6.21% next year. This indicates that South Atlantic Bancshares will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.03% of the float of South Atlantic Bancshares has been sold short.

Short Interest Ratio / Days to Cover

South Atlantic Bancshares has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in South Atlantic Bancshares has recently increased by 58.33%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.34

News Sentiment

South Atlantic Bancshares has a news sentiment score of 0.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.91 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for South Atlantic Bancshares this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, South Atlantic Bancshares insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 13.34% of the stock of South Atlantic Bancshares is held by institutions.

SABK Stock Analysis - Frequently Asked Questions

How have SABK shares performed this year?

South Atlantic Bancshares' stock was trading at $15.94 at the beginning of the year. Since then, SABK shares have increased by 0.4% and is now trading at $16.00.

How were South Atlantic Bancshares' earnings last quarter?

South Atlantic Bancshares, Inc. (OTCMKTS:SABK) posted its 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 business had revenue of $14.28 million for the quarter, compared to the consensus estimate of $13.70 million.

How do I buy shares of South Atlantic Bancshares?

Shares of SABK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of South Atlantic Bancshares own?

Based on aggregate information from My MarketBeat watchlists, some other companies that South Atlantic Bancshares investors own include Arista Networks (ANET), Broadcom (AVGO), NVIDIA (NVDA), Adobe (ADBE), ServiceNow (NOW), Celestica (CLS) and GE Aerospace (GE).

Company Calendar

• Last Earnings: 4/24/2025
• Today: 7/18/2025
• Next Earnings (Estimated): 7/24/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Finance
• Industry: BANKS - SOUTHEAST
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:SABK
• Previous Symbol: OTC:SABK
• CIK: N/A
• Web: www.southatlantic.bank
• Phone: 843-839-0100
• Fax: N/A
• Employees: 161
• Year Founded: N/A

Price Target and Rating

• Average Price Target for South Atlantic Bancshares: $19.00
• High Price Target: $19.00
• Low Price Target: $19.00
• Potential Upside/Downside: +18.8%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: 10.81
• Forward P/E Ratio: 11.85
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $93.28 million
• Price / Sales: 1.29
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 7,500,000
• Free Float: N/A
• Market Cap: $120 million
• Optionable: Not Optionable
• Beta: 0.16