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South Atlantic Bancshares (South Atlantic Bancshares) Shares Outstanding (EOP) : 7.59 Mil (As of Mar. 2024)


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What is South Atlantic Bancshares Shares Outstanding (EOP)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. South Atlantic Bancshares's shares outstanding for the quarter that ended in Mar. 2024 was 7.59 Mil.

South Atlantic Bancshares's quarterly shares outstanding increased from Dec. 2023 (7.59 Mil) to Mar. 2024 (7.59 Mil). It means South Atlantic Bancshares issued new shares from Dec. 2023 to Mar. 2024 .

South Atlantic Bancshares's annual shares outstanding declined from Dec. 2022 (7.60 Mil) to Dec. 2023 (7.59 Mil). It means South Atlantic Bancshares bought back shares from Dec. 2022 to Dec. 2023 .


South Atlantic Bancshares Shares Outstanding (EOP) Historical Data

The historical data trend for South Atlantic Bancshares's Shares Outstanding (EOP) 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 Shares Outstanding (EOP) Chart

South Atlantic Bancshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.50 7.46 7.56 7.60 7.59

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
Shares Outstanding (EOP) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.60 7.60 7.61 7.59 7.59

Competitive Comparison of South Atlantic Bancshares's Shares Outstanding (EOP)

For the Banks - Regional subindustry, South Atlantic Bancshares's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


South Atlantic Bancshares's Shares Outstanding (EOP) Distribution in the Banks Industry

For the Banks industry and Financial Services sector, South Atlantic Bancshares's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where South Atlantic Bancshares's Shares Outstanding (EOP) falls into.



South Atlantic Bancshares Shares Outstanding (EOP) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.


South Atlantic Bancshares  (OTCPK:SABK) Shares Outstanding (EOP) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


South Atlantic Bancshares Shares Outstanding (EOP) Related Terms

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South Atlantic Bancshares (South Atlantic Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
630 29th Avenue North, Myrtle Beach, SC, USA, 29577
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.