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South Atlantic Bancshares Q3 GAAP EPS Beats Estimate as Revenue Rises

Revenue reached $17.87 million, up 9.2% year over year. Nine-month net income through Sept. 30, 2026, rose 26.7% to $14.4 million.

A blank report booklet balances beside a brass counterweight / TokenPost.ai
A blank report booklet balances beside a brass counterweight / TokenPost.ai

South Atlantic Bancshares, Inc. posted third-quarter GAAP earnings per share of $0.67, beating estimates by $0.05, as revenue advanced 9.2% from a year earlier to $17.87 million.

Net income for the nine months ended Sept. 30, 2026, totaled $14.4 million. That was $3 million, or 26.7%, higher than in the same period a year earlier.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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