C
Hold
1/11/2024Upgraded
Southern BancShares (N.C.), Inc. (SBNC) was upgraded to C from C- on 1/11/2024 due to an increase in the volatility index.
C
Hold
12/15/2023Downgrade
Southern BancShares (N.C.), Inc. (SBNC) was downgraded to C- from C on 12/15/2023 due to a significant decline in the growth index, volatility index and solvency index. Earnings per share declined from $451.0949 to $14.5036, total revenue declined 57.09% from $68.34M to $29.33M, and debt to equity increased from 0.87 to 1.05.
C
Hold
9/30/2016Upgraded
Southern BancShares (N.C.), Inc. (SBNC) was upgraded to C from D on 9/30/2016 due to a significant increase in the growth index, valuation index and efficiency index. Earnings per share increased from $20.53 to $93.7049, net income increased 56.73% from $1.95M to $3.05M, and total revenue increased 6.78% from $20.97M to $22.39M.
D
Sell
12/24/2015Upgraded
Southern BancShares (N.C.), Inc. (SBNC) was upgraded to D from D- on 12/24/2015 due to an increase in the efficiency index.
D
Sell
9/10/2015Upgraded
Southern BancShares (N.C.), Inc. (SBNC) was upgraded to D- from on 9/10/2015 due to a significant increase in the solvency index, growth index and volatility index. Earnings per share increased from $17.0901 to $43.3683, and total revenue increased 4.17% from $20.16M to $21M.
