Earnings report 📈 Stocks 🌍 United States

South Atlantic Bancshares Reports $5.2 Million Net Income for Q3 2026

South Atlantic Bancshares, the parent company of South Atlantic Bank, posted $5.2 million in net income for the third quarter of 2026, translating to $0.67 per diluted share.

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1 assets impacted (Stocks). Net bias: 0 Bullish, 0 Bearish, 1 Neutral. Strongest signal: SABK → 5/10 (60% confidence).

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SABK
Neutral 🤖 60%
📅 Short-term 🌍 US · Explicit

South Atlantic Bancshares reported a consolidated net income of $5.2 million for the third quarter of 2026, translating to $0.67 per diluted common share. The financial results reflect the company's operational performance for the period ending September 30, 2026, as disclosed in their recent regulatory filing.

Catalysts
  • • Release of Q3 2026 consolidated net income figures
Risk Factors
  • • Lack of comparative data against analyst estimates
  • • Potential volatility inherent in OTCQX-traded banking stocks
▼ Show FAQ (2) ▲ Hide FAQ
What was the Q3 2026 net income for South Atlantic Bancshares?

The company reported a consolidated net income of $5.2 million.

What was the earnings per diluted share for SABK in Q3 2026?

The earnings per diluted common share were $0.67.

🎯 Key Takeaways

  • Consolidated net income reached $5.2 million for the third quarter of 2026.
  • Earnings per diluted common share were reported at $0.67.

📝 Executive Summary

South Atlantic Bancshares, Inc. announced consolidated net income of $5.2 million for the third quarter of 2026. This performance resulted in earnings of $0.67 per diluted common share for the period.

❓ FAQ

What was South Atlantic Bancshares' net income for Q3 2026?

The company reported consolidated net income of $5.2 million for the third quarter of 2026.