South Atlantic Bancshares 2025 net income rises 60.8%
South Atlantic Bancshares reported a 60.8% increase in net income for 2025, totaling $16.2 million. Q4 net income rose 8.7% quarter-over-quarter and 50.3% year-over-year. Total assets grew by 7.3% to $1.9 billion. The bank experienced loan growth and reduced interest expenses, maintaining excellent credit quality. Analysts rate the stock as a "strong buy" with a 12-month price target of $21.00, reflecting a 7.1% upside from its recent closing price of $19.60.
