South Atlantic Bancshares (South Atlantic Bancshares) Net Income From Continuing Operations : $8.90 Mil (TTM As of Mar. 2024)

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What is South Atlantic Bancshares Net Income From Continuing Operations?

Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. South Atlantic Bancshares's net income from continuing operations for the three months ended in Mar. 2024 was $2.01 Mil. Its net income from continuing operations for the trailing twelve months (TTM) ended in Mar. 2024 was $8.90 Mil.

South Atlantic Bancshares Net Income From Continuing Operations Historical Data

The historical data trend for South Atlantic Bancshares's Net Income From Continuing Operations can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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South Atlantic Bancshares Net Income From Continuing Operations Chart

South Atlantic Bancshares Annual Data

Trend

Dec14

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Dec23

Net Income From Continuing Operations

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6.07

7.20

10.85

12.09

10.02

South Atlantic Bancshares Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Income From Continuing Operations	Get a 7-Day Free Trial															3.12	2.51	2.19	2.19	2.01

South Atlantic Bancshares Net Income From Continuing Operations Calculation

Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

Net Income From Continuing Operations for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $8.90 Mil.

South Atlantic Bancshares (South Atlantic Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » South Atlantic Bancshares Inc (OTCPK:SABK) » Definitions » Net Income From Continuing Operations

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Traded in Other Exchanges

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Address

630 29th Avenue North, Myrtle Beach, SC, USA, 29577

Website

https://www.southatlantic.bank

South Atlantic Bancshares Inc is A United States-based bank holding company. The business activity of the bank is to provide banking services to domestic markets. Its product offering includes Personal and business checking, Savings, and Money market accounts, along with Residential mortgages, Commercial Loans, and Lines of credit. The bank also offers other services like mobile banking application, treasury, remote deposit capture, and merchant card services; telephone and online banking, and ATM services; and debit and credit cards.