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Southern BancShares (N.C.), Inc. (SBNC)

OTC Financial Services Banks - Regional
$13250.00 ▲ +1.92%
Market Cap
$1.01B
Sector
Financial Services
Industry
Banks - Regional
Beta
0.19
52-Wk Range
8850-13250
CEO
Drew Covert
Country
US
Currency
USD

Southern BancShares (N.C.), Inc. operates in the Banks - Regional industry of the Financial Services sector, headquartered in Mount Olive, NC, US. The stock last traded at $13250.00, up 1.92% on the session, giving a market capitalisation of $1.01B. On trailing twelve-month figures it carries a trailing P/E of 8.21, a net margin of 42.9%. Its beta of 0.19 implies it has historically moved less than the broad market.

Valuation & profitability (TTM)
P/E
8.21
Price / Sales
3.54
Price / Book
1.33
EV / EBITDA
5.01
Gross margin
62.1%
Operating margin
54.4%
Net margin
42.9%
Return on equity
Debt / equity
0.02
Current ratio
0.00
Dividend yield
0.2%
Payout ratio
0.0%
Company profile
Exchange
Other OTC
Employees
423
IPO date
2016-06-30
Headquarters
Mount Olive, NC, US
About Southern BancShares (N.C.), Inc.

Southern BancShares (N.C.), Inc., operating primarily through its subsidiary Southern Bank and Trust Company, delivers a comprehensive suite of commercial banking services. These offerings are available to both individual consumers and business clients throughout North Carolina and Virginia. The institution provides a variety of deposit accounts, including checking, savings, money market, individual retirement accounts (IRAs), and certificates of deposit (CDs). For personal financing, the bank extends numerous loan options such as cash reserve lines, vehicle leases, home equity lines of credit, credit cards, and automotive loans, in addition to a full range of mortgage products. Businesses can access a robust portfolio of lending solutions, which includes specialized business leases, "reserve plus" financing, merchant accounts, business credit cards, as well as loans for construction, commercial projects, and agricultural ventures. Beyond core banking, Southern BancShares offers a wide array of supplementary services. These encompass treasury management, convenient online and mobile banking platforms, night deposit facilities, cashier's checks, investment and brokerage services, ATM/Visa debit cards, cell phone protection plans, secure wire transfers, and safe deposit box rentals. The company maintains a significant presence with approximately 60 branch locations spread across North Carolina and Virginia. Founded in 1901, Southern BancShares (N.C.), Inc. is headquartered in Mount Olive, North Carolina.

Comparable companies

Southern BancShares (N.C.), Inc. is most often compared with the following Financial Services names:

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