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South Atlantic Bank

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South Atlantic Bank in Myrtle Beach, SC

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Summary

South Atlantic Bank logo
Name
South Atlantic Bank
Year founded
2007
Description

Welcome to South Atlantic Bank, your local community bank serving Myrtle Beach North Myrtle Beach Murrells Inlet Pawleys Island Georgetown and Charleston SC

Strengths
  • South Atlantic Bank has a strong market share in their industry
  • Revenue generated per employee is greater than industry average
  • Demonstrating revenue growth that is faster than the industry average
  • The number of employees is growing faster than the industry average
  • Revenue growth is more steady than the industry average
  • Since South Atlantic Bank was founded, the company has grown faster than the industry average
  • Web traffic rankings are better than the industry average
Weaknesses

Annual Revenue

$30185000

Revenue per employee

$
251541

Variance of revenue growth

0.03

Annual revenue growth since founding

$
2321923

Revenue growth rate from first known quarter to current

80.0 %

Employee Count

120 employees

Employee growth rate from first known quarter to current

60.0 %

G Score

G Score

G1

Revenue is greater than the industry median.

G2

Income per employee more than industry average.

G3

Revenue growth rate from the first known quarter to current is higher than the industry average.

G4

Employee growth rate from the first known quarter to current is higher than the industry average.

G5

Variance of revenue growth is less than the industry average

G6

Annual revenue growth since founding is higher than the industry average.

G7

Website traffic rankings are better than the industry average

Web Analysis

Rank

2.84 M

Page views per visitor

1.0

Daily time

-

Location

continent
location

630 29th Ave. North 
Myrtle Beach, SC  29577

Ideal Fit Acquirer

Best Private Equity firm

Stripes Group

Kona Equity can help connect South Atlantic Bank to Stripes Group to discuss future partnerships, facilitate mergers and acquisitions conversations, financing events, and thoughts on the future.

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Key Information

Name:

South Atlantic Bank

Tags:

Banking; Investment Banking; Finance

Category:

Banking

Website:

https://www.southatlantic.bank

Industry:

Bank

SIC:

67; 671

NAICS:

5221; 55