South Atlantic Bancshares (OTCMKTS:SABK) Stock Price Up 0.4% – What’s Next?

Posted by ABMN Staff on Jun 10th, 2026

South Atlantic Bancshares, Inc. (OTCMKTS:SABK – Get Free Report) shares were up 0.4% on Tuesday . The stock traded as high as $25.99 and last traded at $25.70. Approximately 4,623 shares were traded during mid-day trading, an increase of 119% from the average daily volume of 2,106 shares. The stock had previously closed at $25.60.

Analysts Set New Price Targets

Separately, Zacks Research cut South Atlantic Bancshares from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 27th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.

View Our Latest Stock Analysis on SABK

South Atlantic Bancshares Stock Up 0.4%

The company has a market capitalization of $195.32 million, a P/E ratio of 11.42 and a beta of 0.12. The firm has a 50-day moving average price of $23.63 and a two-hundred day moving average price of $21.72.

South Atlantic Bancshares (OTCMKTS:SABK – Get Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The company reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.54 by $0.04. The business had revenue of $16.00 million during the quarter, compared to the consensus estimate of $16.80 million. On average, analysts predict that South Atlantic Bancshares, Inc. will post 2.39 EPS for the current fiscal year.

South Atlantic Bancshares Company Profile

(Get Free Report)

South Atlantic Bancshares, Inc is the bank holding company for South Atlantic Bank, a Florida-based community bank that provides a comprehensive suite of financial services. The company operates through its subsidiary to offer personalized banking solutions designed for individuals, small businesses, and commercial clients. By focusing on relationship-driven banking, South Atlantic Bancshares aims to deliver tailored financial products that address the unique needs of its customers.

The company’s core offerings include a variety of deposit accounts, such as checking, savings and money market products, alongside lending solutions encompassing commercial real estate loans, construction financing, equipment loans and consumer mortgages.