SABK (South Atlantic Bancshares) Tax Provision: $-4.41 Mil (TTM As of Mar. 2026)

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SABK South Atlantic Bancshares Inc SABK
69 GF Score
Price $26.00
GF Value $19.43
Valuation Significantly Overvalued
! 7 Warning Signs
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What is South Atlantic Bancshares Tax Provision?

South Atlantic Bancshares SABK 69 Tax Provision is $-4.41 Mil as of Mar. 2026. GuruFocus rates SABK with a GF Score™ of 69/100 and a GF Value™ of $19.43 (Significantly Overvalued). The stock has 7 warning signs investors should review.

South Atlantic Bancshares's tax provision for the three months ended in Mar. 2026 was $-1.15 Mil. Its tax provision for the trailing twelve months (TTM) ended in Mar. 2026 was $-4.41 Mil.

South Atlantic Bancshares Tax Provision Historical Data

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The historical data trend for South Atlantic Bancshares's Tax Provision 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.

South Atlantic Bancshares Tax Provision Chart

South Atlantic Bancshares Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.73 -2.99 -2.73 -2.93 -4.14

South Atlantic Bancshares Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Provision 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 -0.89 -0.91 -1.13 -1.22 -1.15
SABK
69GF Score
South Atlantic Bancshares Inc SABK
Tax Provision is just one metric. See GF Score™, valuation, warning signs, and more.
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South Atlantic Bancshares Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.41 Mil.

* 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.

Frequently Asked Questions Learn more about Tax Provision →
What does a Tax Provision of $-4.41 Mil mean?
South Atlantic Bancshares (SABK) has a Tax Provision of $-4.41 Mil as of Mar. 2026. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on South Atlantic Bancshares and its competitors.
Is South Atlantic Bancshares' Tax Provision too high?
South Atlantic Bancshares' current Tax Provision is $-4.41 Mil. Overall, South Atlantic Bancshares has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does South Atlantic Bancshares' Tax Provision compare to RBKB and CSBB?
South Atlantic Bancshares' Tax Provision of $-4.41 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Provision for a Banks company?
A good Tax Provision depends on the Banks industry context. However, Tax Provision should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on South Atlantic Bancshares and its competitors. South Atlantic Bancshares's current Tax Provision is $-4.41 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is South Atlantic Bancshares stock overvalued right now?
Based on GuruFocus' analysis, South Atlantic Bancshares (SABK) is currently considered Significantly Overvalued. The stock's GF Value™ is $19.43, compared to a current price of $26.00 — trading 33.8% above its estimated fair value. The current Tax Provision is $-4.41 Mil. South Atlantic Bancshares' overall GF Score™ is 69/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For South Atlantic Bancshares (SABK), the current Tax Provision is $-4.41 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is South Atlantic Bancshares (SABK) Overvalued in 2026?

Based on GuruFocus' analysis, South Atlantic Bancshares stock appears to be overvalued. The current stock price of $26.00 is trading 33.8% above its estimated GF Value™ of $19.43. GuruFocus considers South Atlantic Bancshares to be Significantly Overvalued.

Key valuation signals for SABK:

  • Tax Provision: $-4.41 Mil
  • GF Value™: $19.43 vs. price of $26.00 (33.8% above fair value)
  • GF Score™: 69/100 with 7 warning signs

No single metric tells the full story. See the SABK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

South Atlantic Bancshares Business Description

Address 630 29th Avenue North, Myrtle Beach, SC, USA, 29577
South Atlantic Bancshares Inc is A United States-based bank holding company. Through its banking subsidiary, it provides banking services to domestic markets, principally in Horry, Georgetown, Charleston, and Beaufort counties, South Carolina. Its financial products and service offerings include personal and business checking, savings, and money market accounts; residential mortgages, commercial loans, lines of credit; telephone and online banking, ATM services; and debit and credit cards, among others.
69GF Score

Get the complete analysis for SABK

Tax Provision is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$26.00
Price
$19.43
GF Value