South Atlantic Bancshares 2025 net income rises 60.8%

South Atlantic Bancshares

22/01/2026 21:11

Overview

U.S. bank's Q4 net income rose 8.7% quarter-over-quarter, 50.3% year-over-year

Full-year net income increased 60.8% to $16.2 mln

Total assets grew 7.3% to $1.9 bln in 2025

Outlook

Company is encouraged by positive trajectory supported by robust credit quality and healthy pipelines

South Atlantic Bancshares did not provide specific financial guidance for future periods

Result Drivers

LOAN GROWTH - Increased yields and organic growth in loan portfolio drove higher interest income

INTEREST EXPENSE REDUCTION - Lower interest rates on deposits and borrowings helped reduce interest expenses

CREDIT QUALITY - Maintained excellent credit quality with no non-performing assets

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 EPS
$0.62
Q4 Net Income
$4.80 mln
Q4 Net Interest Income
$14.80 mln
Q4 Net Interest Margin
3.35%


Analyst Coverage

The one available analyst rating on the shares is "strong buy"

The average consensus recommendation for the banks peer group is "buy."

Wall Street's median 12-month price target for South Atlantic Bancshares Inc is $21.00, about 7.1% above its January 21 closing price of $19.60

Press Release: ID:nPn6179mNa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)