OTCMKTS:SABK

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

$10.65
+0.03 (+0.28%)
(As of 05/6/2024 ET)
Today's Range
$10.65
$10.65
50-Day Range
$10.50
$12.00
52-Week Range
$9.69
$12.95
Volume
401 shs
Average Volume
1,524 shs
Market Capitalization
$80.94 million
P/E Ratio
9.10
Dividend Yield
0.94%
Price Target
N/A

South Atlantic Bancshares MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.00% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
14.17%
From $1.27 to $1.45 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.66 out of 5 stars

SABK stock logo

About South Atlantic Bancshares Stock (OTCMKTS:SABK)

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. It also provides cash management and merchant card services; remote deposit capture and automated clearing house services; online, mobile, and telephone banking services; personal and business checks; mortgage products and services; and wealth management services. The company operates offices in Myrtle Beach, Carolina Forest, North Myrtle Beach, Murrells Inlet, Pawleys Island, Georgetown, Mount Pleasant, Charleston, Bluffton, Hilton Head Island, and Beaufort, South Carolina. South Atlantic Bancshares, Inc. was founded in 2007 and is headquartered in Myrtle Beach, South Carolina.

SABK Stock Price History

SABK Stock News Headlines

Is Tesla going out of business?
Goldman Sachs estimates that this new “Future Fuel” will unleash an $11.7 trillion wave of wealth over the coming decade. That’s 10 TIMES BIGGER than the electric vehicle market.
FSRL First Reliance Bancshares, Inc.
Is Tesla going out of business?
Goldman Sachs estimates that this new “Future Fuel” will unleash an $11.7 trillion wave of wealth over the coming decade. That’s 10 TIMES BIGGER than the electric vehicle market.
South Atlantic Bancshares, Inc. Declares Cash Dividend
See More Headlines
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Company Calendar

Ex-Dividend for 2/28 Dividend
2/13/2024
Dividend Payable
2/28/2024
Last Earnings
4/23/2024
Today
5/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
N/A
Sub-Industry
N/A
Current Symbol
OTCMKTS:SABK
CIK
N/A
Fax
N/A
Employees
163
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$74.67 million

Miscellaneous

Free Float
N/A
Market Cap
$80.94 million
Optionable
Not Optionable
Beta
0.33
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Key Executives

  • Mr. K. Wayne Wicker (Age 59)
    Chairman & CEO
  • Mr. R. Scott Plyler (Age 53)
    President & Director
  • Mr. Matthew H. Hobert CPA
    Executive VP & CFO
  • Mr. Travis A. Minter
    Executive VP & COO
  • Ms. Melissa K. Downs-High
    Senior VP & Principal Accounting Officer
  • Jennifer L. Peterson
    Senior VP & Director of Internal Audit and Compliance
  • Carrie S. Harris
    Senior VP & Director of Human Resources
  • Mr. C. Alec Elmore
    Executive VP & Chief Credit Officer
  • Candace L. Cherry
    Senior Vice President of Corporate Liaison
  • Anne B. Cote
    Senior VP & Director of Loan Operations

SABK Stock Analysis - Frequently Asked Questions

How have SABK shares performed in 2024?

South Atlantic Bancshares' stock was trading at $12.75 on January 1st, 2024. Since then, SABK stock has decreased by 16.5% and is now trading at $10.65.
View the best growth stocks for 2024 here
.

How were South Atlantic Bancshares' earnings last quarter?

South Atlantic Bancshares, Inc. (OTCMKTS:SABK) released its quarterly earnings data on Tuesday, April, 23rd. The company reported $0.26 EPS for the quarter, meeting analysts' consensus estimates of $0.26. The firm had revenue of $11.30 million for the quarter, compared to analysts' expectations of $11.70 million.

How often does South Atlantic Bancshares pay dividends? What is the dividend yield for South Atlantic Bancshares?

South Atlantic Bancshares announced an annual dividend on Tuesday, January 30th. Investors of record on Wednesday, February 14th will be given a dividend of $0.10 per share on Wednesday, February 28th. This represents a yield of 0.79%. The ex-dividend date of this dividend is Tuesday, February 13th.
Read our dividend analysis for SABK
.

Is South Atlantic Bancshares a good dividend stock?

South Atlantic Bancshares (OTCMKTS:SABK) pays an annual dividend of $0.10 per share and currently has a dividend yield of 0.94%. The dividend payout ratio is 8.55%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SABK will have a dividend payout ratio of 6.90% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SABK.

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.
Compare Top Brokerages Here.

This page (OTCMKTS:SABK) was last updated on 5/7/2024 by MarketBeat.com Staff

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