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Investing.com - South Atlantic Bancshares reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
South Atlantic Bancshares announced earnings per share of $0.47 on revenue of $13.51. Analysts polled by Investing.com EPS of $0.41 on revenue of $11.8M.
South Atlantic Bancshares 's are down 11.27% and is trading at $13.70 , still down 15.95% from its 52 week high of $16.30 set on Tuesday, April 19, 2022.
South Atlantic Bancshares follows other major Financial sector earnings this month
South Atlantic Bancshares's report follows an earnings beat by JPMorgan on Friday, who reported EPS of $3.12 on revenue of $32.7B, EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on Monday with third quarter EPS of $0.81 on revenue of $24.5B, for EPS of $0.78 on revenue of $23.56B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar