Southern BancShares (N.C.), Inc. PFD CL C (SBNCN) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Southern BancShares (N.C.), Inc. PFD CL C (SBNCN) trades at $12.00 with AI Score 53/100 (Grade B). Southern Bancshares (N. C. ), Inc. Market cap: $987M, Sector: Financial services.
Price as of Aug 21, 2026 · Last analyzed: Mar 17, 2026Analyst Coverage for SBNCN: SBNCN does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates SBNCN against Financial Services peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
SBNCN: the 3 scored disciplines are evenly split. Dominant signal: Seth Klarman bearish.
How is this calculated? →Why this analysis is different
- A 9-signal quantitative MoonshotScore built from filings, insider activity, and market data — computed from the numbers, not from opinion.
- An AI Council read across up to eight perspectives — value, macro, quantitative, and momentum lenses — that shows where they disagree instead of averaging the tension away.
- Figures come straight from FMP and Yahoo Finance filings data. The AI writes the narrative around the numbers — it never edits the numbers.
Southern BancShares (N.C.), Inc. PFD CL C (SBNCN) Financial Services Profile
Southern Bancshares (N.C.), Inc. PFD CL C provides financial services, including personal, business, and mortgage banking. Operating in the regional banking sector, the company faces competition from larger national banks and smaller community lenders while navigating interest rate fluctuations and regulatory changes. It has a modest dividend yield of 0.21%.
What Is the Investment Thesis for SBNCN?
Southern Bancshares (N.C.), Inc. PFD CL C presents a mixed investment profile. The company's high P/E ratio of 41.53 suggests that the stock may be overvalued relative to its earnings. The company's profit margin of 35.0% indicates efficient operations. The low beta of 0.10 suggests the stock is less volatile than the market. The dividend yield of 0.21% provides limited income for investors. Growth catalysts include potential expansion of services and strategic partnerships. Risks include competition and sensitivity to interest rate changes. Investors should carefully consider these factors when evaluating SBNCN.
Based on FMP financials and quantitative analysis
SBNCN Key Highlights
P/E ratio of 41.53, indicating a potentially high valuation compared to earnings.
- Profit Margin of 35.0%, reflecting efficient profitability.
- Gross Margin of -26.1%, indicating potential issues with cost of goods sold or pricing strategies.
- Beta of 0.10, suggesting lower volatility compared to the overall market.
- Dividend Yield of 0.21%, providing a modest income stream for investors.
Who Are SBNCN's Competitors?
SBNCN is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| ALEDY Allied Group Limited | $5.00 | +0.00% | $703M | 52 |
| DXBGY Dexia S.A. | $0.94 | +0.00% | $395M | 38 |
| HFAHF Navigator Global Investments Limited | $1.45 | +0.00% | $882M | 43 |
| HLAN Heartland BancCorp | $160.00 | -1.23% | $324M | 49 |
| CAC Camden National Corporation | $56.50 | -0.26% | $956M | 93 |
| THFF First Financial Corporation | $79.07 | +0.32% | $940M | 95 |
| CFFN Capitol Federal Financial, Inc. | $8.54 | +0.53% | $1.05B | 93 |
| HAFC Hanmi Financial Corporation | $31.14 | -0.05% | $927M | 94 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are SBNCN's Key Strengths?
Established presence in local communities.
- Personalized customer service.
- Strong relationships with local businesses.
- Knowledge of the local market.
What Are SBNCN's Weaknesses?
Limited geographic reach.
- Smaller scale compared to national banks.
- Dependence on local economic conditions.
- Gross margin of -26.1%.
What Could Drive SBNCN Stock Higher?
Potential expansion of mortgage services to capture a larger market share.
- Strategic partnerships with local businesses to drive growth.
- Digital banking initiatives to enhance customer experience and attract tech-savvy customers.
What Are the Key Risks for SBNCN?
Competition from larger national banks.
- Interest rate fluctuations affecting profitability.
- Regulatory changes impacting operations.
- Economic downturns affecting loan quality.
- Limited geographic reach compared to larger competitors.
What Are the Growth Opportunities for SBNCN?
- Expansion of Mortgage Services: Southern Bancshares (N.C.), Inc. PFD CL C can expand its mortgage services to capture a larger share of the home financing market. The mortgage market is estimated to be worth billions of dollars annually. By offering competitive rates and personalized service, the company can attract new customers and increase its mortgage portfolio. This expansion could be realized within the next 2-3 years.
- Strategic Partnerships: Forming strategic partnerships with local businesses and organizations can drive growth for Southern Bancshares (N.C.), Inc. PFD CL C. By partnering with real estate agents, insurance companies, and other businesses, the company can reach new customers and offer bundled services. These partnerships can be established within the next year and generate incremental revenue growth.
- Digital Banking Initiatives: Investing in digital banking initiatives can enhance customer experience and attract tech-savvy customers. By offering online and mobile banking services, Southern Bancshares (N.C.), Inc. PFD CL C can compete with larger banks and fintech companies. These initiatives can be implemented within the next 1-2 years and improve customer satisfaction and retention.
- Small Business Lending: Focusing on small business lending can be a significant growth opportunity for Southern Bancshares (N.C.), Inc. PFD CL C. Small businesses often struggle to access financing from larger banks, creating a niche market for regional banks. By providing tailored loan products and personalized service, the company can build strong relationships with small business owners and support local economic development. This opportunity can be pursued immediately and generate steady loan growth.
- Fee Income Generation: Southern Bancshares (N.C.), Inc. PFD CL C can increase its fee income by offering a wider range of financial services, such as wealth management, insurance, and investment products. By cross-selling these services to existing customers, the company can generate additional revenue streams and improve profitability. This initiative can be implemented within the next year and contribute to overall revenue growth.
What Are SBNCN's Competitive Advantages?
- Established presence in local communities.
- Personalized customer service.
- Strong relationships with local businesses.
- Knowledge of the local market.
What Does SBNCN Do?
Southern Bancshares (N.C.), Inc. PFD CL C is a bank holding company that provides a range of financial and banking services to individuals and businesses. These services encompass personal banking solutions such as checking and savings accounts, loans, and credit cards. Business banking services include commercial lending, treasury management, and other financial solutions tailored to businesses. The company also offers mortgage banking services, assisting customers with home financing needs. Southern Bancshares NC Inc operates primarily within North Carolina, focusing on serving the financial needs of local communities. As a regional bank, it competes with larger national banks and smaller community lenders. The company's success depends on its ability to provide personalized service, competitive rates, and innovative financial products. The company's history and founding details are not available in the provided data. Southern Bancshares NC Inc navigates a complex regulatory environment and must adapt to changing customer preferences and technological advancements. The company's financial performance is influenced by factors such as interest rate fluctuations, economic conditions, and credit quality. Southern Bancshares NC Inc strives to maintain strong relationships with its customers and provide value through its comprehensive suite of financial services.
What Products and Services Does SBNCN Offer?
- Provides personal banking services including checking and savings accounts.
- Offers business banking services such as commercial lending and treasury management.
- Provides mortgage banking services for home financing.
- Offers loans to individuals and businesses.
- Provides credit cards.
- Facilitates wealth management services.
How Does SBNCN Make Money?
- Generates revenue through interest income from loans.
- Earns fees from banking services such as account maintenance and transactions.
- Profits from mortgage origination and servicing.
What Industry Does SBNCN Operate In?
Southern Bancshares (N.C.), Inc. PFD CL C operates in the regional banking sector, which is characterized by intense competition from larger national banks and smaller community lenders. The industry is influenced by factors such as interest rate changes, regulatory requirements, and technological advancements. Regional banks play a crucial role in supporting local economies by providing loans and financial services to individuals and businesses. The banking industry is also undergoing digital transformation, with the rise of fintech companies and the increasing adoption of online and mobile banking.
Who Are SBNCN's Key Customers?
- Individuals seeking personal banking services.
- Small businesses requiring commercial loans and financial services.
- Homebuyers seeking mortgage financing.
Company Profile
Southern BancShares (N.C.), Inc. PFD CL C operates in the Banks - Regional industry within the Financial Services sector. It is headquartered in Mount Olive, US. The company is led by CEO Drew M. Covert. SBNCN has traded publicly since 2018.
Southern BancShares (N.C.), Inc. PFD CL C Financial Trajectory
Southern BancShares (N.C.), Inc. PFD CL C (SBNCN) reported $111.3M in revenue for Q2 2026, a decline of 0.4% compared to the prior quarter. The company recorded net income of $53.5M, with diluted EPS of $711.29.
How Southern BancShares (N.C.), Inc. PFD CL C Is Valued
Southern BancShares (N.C.), Inc. PFD CL C carries a market capitalization of $987M, placing it in the small-cap category. Relative to its peer group, SBNCN's quantitative score of 53/100 is roughly in line with the peer average of 55/100.
Key Financial Metrics
Return on equity for Southern BancShares (N.C.), Inc. PFD CL C stands at 9.1%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 1.1%, showing how much profit it generates from its asset base. SBNCN trades at a trailing price-to-earnings ratio of 15.57, below the Financial Services sector average of ~18x. Its free cash flow yield is 0.0%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.00 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 6.4%, the inverse of the P/E and a quick read on earnings relative to price.
SBNCN Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Established presence in local communities.
- Personalized customer service.
- Strong relationships with local businesses.
- Knowledge of the local market.
Bear Case
- Limited geographic reach.
- Smaller scale compared to national banks.
- Dependence on local economic conditions.
- Gross margin of -26.1%.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · August 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q2 2026 | $111M | $54M | $711.29 |
| Q4 2025 | $112M | $47M | $619.13 |
Based on FMP financials and quantitative analysis
SBNCN Latest News
No recent news available for SBNCN.
SBNCN Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for SBNCN.
Price Targets
Wall Street price target analysis for SBNCN.
SBNCN MoonshotScore
What does this score mean?
The MoonshotScore rates SBNCN 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
Leadership: Drew M. Covert
CEO
Drew M. Covert serves as the CEO of Southern Bancshares (N.C.), Inc. His professional background includes experience in the financial services industry, with a focus on community banking. Prior to joining Southern Bancshares, Covert held various leadership positions at regional banks, where he was responsible for strategic planning, business development, and risk management. He has a strong understanding of the banking sector and a commitment to serving the financial needs of local communities.
Track Record: Under Drew M. Covert's leadership, Southern Bancshares (N.C.), Inc. has focused on expanding its services and strengthening its relationships with customers. He has overseen the implementation of new technologies and initiatives to improve customer experience and operational efficiency. His strategic decisions have contributed to the company's growth and profitability. However, specific milestones and achievements under his tenure are not available in the provided data.
SBNCN OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Southern Bancshares (N.C.), Inc. PFD CL C may not meet the minimum financial standards or disclosure requirements of higher tiers like OTCQX or OTCQB. Companies in this tier often have limited trading volume and may be subject to less regulatory oversight compared to companies listed on major exchanges like the NYSE or NASDAQ. This tier is often populated by shell companies, bankrupt entities, or companies with questionable operations. Investing in OTC Other stocks carries significant risks due to the lack of transparency and regulatory scrutiny.
- OTC Tier: OTC Other
- Limited financial disclosure
- Low trading volume and liquidity
- Potential for price manipulation
- Lack of regulatory oversight
- Higher risk of fraud or scams
- Verify the company's registration and legal status.
- Review available financial statements and disclosures.
- Assess the company's business model and competitive landscape.
- Evaluate the management team and their track record.
- Check for any regulatory actions or legal proceedings.
- Monitor trading volume and price volatility.
- Consult with a qualified financial advisor.
- Established presence in local communities.
- Personalized customer service.
- Strong relationships with local businesses.
Common Questions About SBNCN (Financial Services)
What does the AI Score mean for SBNCN?
SBNCN holds an AI Score of 53/100 (Grade: B). This is an educational research signal, not a buy or sell recommendation. Southern Bancshares (N.C.), Inc. PFD CL C is a bank holding company offering personal, business, and mortgage banking services. The company operates primarily in North Carolina.
What does Southern BancShares (N.C.), Inc. PFD CL C do?
Southern BancShares (N.C.), Inc. PFD CL C is a bank holding company that provides financial and banking services to individuals and businesses. The company offers a range of services, including personal banking, business banking, and mortgage banking. These services include checking and savings accounts, loans, credit cards, commercial lending, treasury management, and home financing.
What are the main risks for SBNCN?
Southern BancShares (N.C.), Inc. PFD CL C faces several risks, including competition from larger national banks, interest rate fluctuations, regulatory changes, and economic downturns. The company's limited geographic reach and smaller scale compared to national banks may limit its ability to compete effectively. Interest rate fluctuations can impact the company's profitability and net interest margin.
What are the key factors to evaluate for SBNCN?
Southern BancShares (N.C.), Inc. PFD CL C (SBNCN) holds an AI score of 53/100 (moderate). PFD CL C presents a mixed investment profile. Not financial advice.
How frequently does SBNCN data refresh on this page?
SBNCN's price was last updated on Aug 21, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven SBNCN's recent stock price performance?
Southern BancShares (N.C.), Inc. PFD CL C (SBNCN) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Established presence in local communities. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider SBNCN overvalued or undervalued right now?
Southern BancShares (N.C.), Inc. PFD CL C (SBNCN) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
How do I research SBNCN before investing?
Before investing in Southern BancShares (N.C.), Inc. PFD CL C (SBNCN), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) analyst consensus ratings and price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Why might investors consider adding SBNCN to a portfolio?
Key strength of Southern BancShares (N.C.), Inc. PFD CL C (SBNCN): Established presence in local communities. Weigh rewards against risks and diversify. Not financial advice.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Limited financial data available for comprehensive analysis.
- OTC market stocks carry higher risks than exchange-listed stocks.