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home / news releases / SABK - South Atlantic Bancshares GAAP EPS of $0.33 beats by $0.03 revenue of $11.98M

SABK - South Atlantic Bancshares GAAP EPS of $0.33 beats by $0.03 revenue of $11.98M

South Atlantic Bancshares Inc
  • South Atlantic Bancshares press release ( OTCQX:SABK ): Q2 GAAP EPS of $0.33 beats by $0.03 .
  • Revenue of $11.98M (+7.8% Y/Y).
  • Net income for the second quarter of 2022 totaled $2.5 million, a 25.0 percent increase over the first quarter of 2022 and a 1.3 percent increase over the second quarter of 2021.
  • Total deposits increased to $1.3 billion at June 30, 2022, a 17.1 percent increase year-to-date and 23.3 percent increase year-over-year.

For further details see:

South Atlantic Bancshares GAAP EPS of $0.33 beats by $0.03, revenue of $11.98M
Stock Information
Company Name: South Atlantic Bancshares Inc
Stock Symbol: SABK
Market: OTC
Website: southatlantic.bank
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