Previous close | 11.65 |
Open | 11.23 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 11.20 - 11.65 |
52-week range | 9.69 - 12.95 |
Volume | |
Avg. volume | 5,904 |
Market cap | 88.377M |
Beta (5Y monthly) | 0.32 |
PE ratio (TTM) | 9.96 |
EPS (TTM) | 1.17 |
Earnings date | N/A |
Forward dividend & yield | 0.10 (0.86%) |
Ex-dividend date | 13 Feb 2024 |
1y target est | 14.00 |
South Atlantic Bancshares, Inc. ("South Atlantic" or the "Company") (OTCQX: SABK), parent of South Atlantic Bank (the "Bank"), today announced that the board of directors of the Company (the "Board") has authorized a stock repurchase program for up to 380,341 of the outstanding shares of the Company's common stock, equal to approximately $4.4 million as of the date of this press release.
South Atlantic Bancshares, Inc. ("South Atlantic" or the "Company") (OTCQX: SABK), parent of South Atlantic Bank (the "Bank"), reported consolidated net income of $2.0 million, or $0.26 per diluted common share, for the three months ended March 31, 2024.
South Atlantic Bancshares (SABK) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.