South Atlantic Bancshares (OTCMKTS:SABK) Trading Up 0.3% – Time to Buy?

Posted by Renee Jackson on Nov 30th, 2025

South Atlantic Bancshares, Inc. (OTCMKTS:SABK – Get Free Report)’s share price traded up 0.3% during mid-day trading on Friday . The company traded as high as $19.10 and last traded at $19.05. 749 shares were traded during trading, a decline of 90% from the average session volume of 7,663 shares. The stock had previously closed at $19.00.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised South Atlantic Bancshares from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 28th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Strong Buy” and an average target price of $19.00.

Read Our Latest Stock Report on SABK

South Atlantic Bancshares Price Performance

The firm’s fifty day moving average is $18.31 and its 200 day moving average is $16.97. The firm has a market capitalization of $143.26 million, a price-to-earnings ratio of 10.08 and a beta of 0.25.

South Atlantic Bancshares (OTCMKTS:SABK – Get Free Report) last released its quarterly earnings data on Thursday, October 23rd. The company reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.50 by $0.07. The company had revenue of $16.36 million during the quarter, compared to analyst estimates of $15.50 million. Equities research analysts forecast that South Atlantic Bancshares, Inc. will post 1.35 EPS for the current fiscal year.

About South Atlantic Bancshares

(Get Free Report)

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.