South Atlantic Bancshares, Inc.
South Atlantic Bancshares, Inc.
Your view on SABK
Overview
What the company does, where it operates, and who runs it.
About South Atlantic Bancshares, Inc.
- Industry
- Banks - Regional
- Sector
- Financial Services
- CEO
- K. Wayne Wicker
- Headquarters
- 29th Avenue North, Myrtle Beach, SC, US
- Industry
- Banks - Regional
- Sector
- Financial Services
- CEO
- K. Wayne Wicker
- Headquarters
- 29th Avenue North, Myrtle Beach, SC, US
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.
As of February 3, 2022, the company operated twelve 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.
Media
Infographics, videos, and posts covering the company.
Stock Data
Price chart, volume, and trading data.
Fair Value
What FRC thinks it is worth vs. the current price.
FRC's fair value estimate for South Atlantic Bancshares, Inc., and the rating behind it. SABK last traded at $22.30, 10.6× trailing earnings — the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.
Financial Ratios
Profitability, returns, valuation, and leverage ratios.
Valuation, profitability, liquidity and leverage ratios for South Atlantic Bancshares, Inc.. Starting points for South Atlantic Bancshares, Inc.: P/E 10.6, EPS $2.42, beta 0.12 — an Banks - Regional name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.
Dividend Analysis
Yield, payout ratio, and dividend coverage metrics.
Dividend history, yield and payout sustainability for South Atlantic Bancshares, Inc.. South Atlantic Bancshares, Inc. does not currently pay a regular dividend, so this section tracks capacity rather than history. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.
Earnings Analysis
EPS history, beat rate, and upcoming earnings reports.
Reported vs. expected earnings history for South Atlantic Bancshares, Inc.. Trailing twelve-month EPS for South Atlantic Bancshares, Inc. stands at $2.42. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.
Financial Statements
Income statement, balance sheet, and cash flow statements.
Income statement, balance sheet and cash flow history for South Atlantic Bancshares, Inc.. South Atlantic Bancshares, Inc. has reported as a listed company since 2018. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.
Comparables
List of peer companies in the same industry.
South Atlantic Bancshares, Inc. valued side by side against its closest peers. South Atlantic Bancshares, Inc. is measured against Banks - Regional peers within the Financial Services sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.
Institutional Ownership
PremiumWhich funds and firms own the stock.
Which institutions hold South Atlantic Bancshares, Inc., and how their positions are changing. At a $166.5M market value, institutional positions materially move South Atlantic Bancshares, Inc.'s register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.
Insider Trading
PremiumRecent buying and selling by company executives.
Buying and selling by South Atlantic Bancshares, Inc. executives and directors. Shares of South Atlantic Bancshares, Inc. have traded between $14.00 and $23.95 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.
Senate Trading
PremiumU.S. Senator disclosures filed under the STOCK Act.
U.S. Senate disclosures naming South Atlantic Bancshares, Inc.. South Atlantic Bancshares, Inc. is a $166.5M Financial Services company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.
House Trading
PremiumU.S. Representative disclosures filed under the STOCK Act.
U.S. House of Representatives disclosures naming South Atlantic Bancshares, Inc.. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.
News
Latest headlines and market coverage.
Latest headlines and company announcements for South Atlantic Bancshares, Inc.. Coverage tracks South Atlantic Bancshares, Inc. within Banks - Regional (Financial Services). Press releases and market coverage, newest first.