What You Need to Know About South Atlantic Bancshares, Inc.'s Q2 Earnings
South Atlantic Bancshares, Inc.'s fiscal Q2 earnings report was released on Thursday, April 23. Let's dive in to see if (SABK) missed or beat analyst's expectations.Tudor Pop
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COMPANY SUMMARY
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, the company 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. Further, 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. Atlantic Bancshares, Inc. was founded in 2007 and is headquartered in Myrtle Beach, South Carolina.
Commentary & Analysis
What You Need to Know About South Atlantic Bancshares, Inc.'s Q2 Earnings
South Atlantic Bancshares, Inc.'s fiscal Q2 earnings report was released on Thursday, April 24. Let's dive in to see if (SABK) missed or beat analyst's expectations.Jenna Brashear
Financial Summary
| Share Statistics | SABK | Industry Median |
Percentile (All Stocks) |
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| Market Cap (Mil) | $186.3 | $716.9 | 27% |
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| Shares Out (Mil) | 7.7 | 15.7 | 18% |
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| Institutional Ownership | na | 83.0% | na |
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| Float (Mil) | 7.6 | 21.2 | 16% |
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| Beta | 0.13 | 0.48 | 10% |
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| Avg Daily Volume (000s) | 1 | 53 | 4% |
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| Price Change (52-week) |
60.8% | 96.7% | 84% |
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| Growth | SABK | Industry Median |
Percentile (All Stocks) |
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| Sales (5yr) | 10.5% | 7.6% | 60% |
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| Net Income (5yr) | 17.6% | 11.1% | 69% |
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| EPS (5yr) | 16.9% | 10.1% | 61 |
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| Dividends (5yr) | 0.0% | 3.6% | 56% |
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| Cash Flow (5yr) | (22.5%) | (17.0%) | 29% |
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| Estimates | Qtrly | Current Fiscal Year |
Next Fiscal Year |
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| # of Estimates | 1 | 1 | 1 | |
| Current EPS | $0.620 | $2.430 | $2.580 | |
| Month Ago EPS | $0.620 | $2.390 | $2.540 | |
| # Rev Up | na | 0 | na | |
| # Rev Down | na | 0 | na | |
| Three Months Ago EPS | $0.620 | $2.390 | $2.540 | |
| Year/Year Chg | (0.2%) | 15.7% | na | |
| Financials | SABK | Industry Median |
Percentile (All Stocks) |
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| Sales (TTM) (Mil) | $60 | $190 | 22% |
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| Net Income (TTM) (Mil) | $16 | $51 | 48% |
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| EPS (TTM) | $2.141 | $2.500 | 73% |
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| Operating Cash Flow (TTM) (Mil) | na | $34 | na |
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| Net Cash Flow (TTM) (Mil) | na | $1 | na |
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| Long-Term Debt (Q1) (Mil) | $37 | $100 | 37% |
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| Enterprise Value (Q1) (Mil) | na | $0 | na |
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| Valuation | SABK | Industry Median |
Percentile (All Stocks) |
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| P/B | 1.38 | 1.27 | 36% |
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| P/E | 11.7 | 12.9 | 22% |
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| Dividend Yield | 0.4% | 2.2% | 62% |
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| PEG (5yr hist) | 0.7 | 1.1 | 33% |
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| Ratios | SABK | Industry Median |
Percentile (All Stocks) |
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| Gross Margin | na | 68.8% | na |
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| Net Margin | 28.9% | 28.9% | 88% |
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| ROA | 1.0% | 1.0% | 46% |
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| ROE | 13.5% | 11.1% | 68% |
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| Liabilities to Assets | 93.0% | 89.8% | 90% |
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| F-Score | 4 | 4 | 34% |
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South Atlantic Bancshares, Inc. did not pass any screens on 7/31/2026.
