Stock fact sheet · data as of
Southern BancShares (N.C.), Inc. (SBNC): fair value, margin of safety and Wheel Score
Ticker symbol SBNC · Financial Services · Banks - Regional · United States · Value
Is SBNC undervalued?
At 13,250.00 (close of 5 Nov 2026), SBNC trades 60% below the GLS average fair value of 33,336.07. That average comes from 9 models run on the latest filings, and 8 of them land above the current price. Margins of safety over 30% are the exception rather than the rule across the ~7,400 stocks we value each night, so the number earns Southern BancShares (N.C.), Inc. the full Value points in the Wheel Score - and a closer look at what the market is pricing in.
The 9 models disagree widely: DDM gives 367.86 while GLS Growth gives 74,889.92. A spread that wide means the average is sensitive to which methods you trust; the model table below shows where each one lands, and the Quote page lets you switch any of them off.
Ranked against every other company we cover, SBNC is clearly cheaper than it is fast-growing, so the nightly engine files it under Value (value score 70, growth score 44, out of 100).
Nine valuation models for SBNC
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 33,966.27 | +156% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 16,224.07 | +22% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 69,972.17 | +428% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 30,582.24 | +131% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 74,889.92 | +465% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 24,767.90 | +87% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 35,662.11 | +169% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 367.86 | -97% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 13,592.11 | +3% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -41,599.92 | -414% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 0.0000 | -100% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Financial health is average - SBNC passes 5 of the nine Piotroski tests, which falls one point short of the "Piotroski 6 or more" Wheel Trade Filter. The Financials tab on the Quote page shows which tests fail. The GLS Moat score is 7.8 out of 10 - high returns on capital, steady margins and growth that held up through bad years point to a durable business.
Returns on capital are moderate - ROIC 8.1%, ROE 9.4%, ROA 1.2% - with debt at 0.16 times equity and negative free cash flow.
The dividend yield is 0.19% with a payout ratio of 0% - a small yield that leaves most of the earnings in the business.
Institutional ownership scores 1/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 5 / 9 | ROIC | 8.1% |
|---|---|---|---|
| GLS Moat | 7.8 / 10 | ROE | 9.4% |
| Debt / equity | 0.16 | ROA | 1.2% |
| Free-cash-flow yield | 0.0% | Payout ratio | 0% |
| Institutions | 1 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 35: No options
SBNC has no listed options in the nightly snapshot, so there is nothing to sell and the stock cannot be wheeled however good the business. It fails the first Wheel Trade Filter (options that actually trade), so the score stays under 70 and is shown as "No options" (35 here). The valuation and quality numbers still apply to owning the shares outright.
Volume runs at 0k shares a day on a market cap of $1.0B, with a beta of 0.20 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score rates that fair.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Fails | no listed options |
| 2 | A real business, not a gamble | Passes | Profitable over the last twelve months - not a speculative stock, fund or note |
| 3 | Below fair value | Passes | Trading below the nine-model average fair value (margin of safety above 0) |
| 4 | Financially healthy | Fails | Piotroski 5/9 (under 6) |
| 5 | Can repay its debt | Passes | Long-term debt repaid from 3 years of operating cash flow or less (6 for real estate and utilities; banks and insurers are not judged on it) |
| 6 | No serious red flags | Passes | Red Flags score 60 or more out of 100 (earnings, margins, debt, analysts, filings and price checked the same way for every stock) |
| 7 | A premium worth selling | Fails | no implied volatility |
| 8 | Big enough | Passes | Market cap $1 billion or more |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Strong | 60% below fair value | |
| Premium | Weak | no option data | |
| Moat | Good | moat 7.8/10 | |
| Health | Fair | Piotroski 5/9 | |
| Red Flags | Fair | not scored yet - half marks | |
| Option trading | Weak | no option volume data | |
| Stability | Fair | beta 0.20, $1.0B company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
No upcoming earnings date is recorded for SBNC in the nightly calendar. The shares go ex-dividend on 1 Dec 2026 (6.25 per share), so a covered call sold before then carries a small early-assignment risk around that date.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Banks - Regional
The 12 companies below are the closest to Southern BancShares (N.C.), Inc. by market cap within the Banks - Regional industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| SBNCN Southern BancShares (N.C.), Inc. PFD CL C | 12.00 | 5,642.68 | +100% | 26No options | $1.0B |
| SBNCM Southern BancShares (N.C.), Inc. | 11.50 | 5,641.63 | +100% | 26No options | $1.0B |
| CAC Camden National Corp. | 59.56 | 77.84 | +23% | 50Fair | $1.0B |
| WTBFA W.T.B. Financial Corporation | 680.60 | 735.95 | +8% | 25No options | $1.0B |
| FMCB Farmers & Merchants Bancorp | 1,458.49 | 2,334.56 | +38% | 36No options | $1.0B |
| CPF Central Pacific Financial Corp. | 39.25 | 52.17 | +25% | 52Fair | $999M |
| HAFC Hanmi Financial Corporation | 33.70 | 60.97 | +45% | 53Fair | $994M |
| TRST TrustCo Bank Corp NY | 58.10 | 46.28 | -26% | 38Weak | $989M |
| EQBK Equity Bancshares, Inc. | 49.97 | 57.46 | +13% | 38Weak | $1.0B |
| EGBN Eagle Bancorp, Inc. | 34.40 | 33.18 | -4% | 32Weak | $1.0B |
| CCNEP CNB Financial Corporation | 24.90 | 37.45 | +34% | 36No options | $1.0B |
| MCBS MetroCity Bankshares, Inc. | 36.60 | 30.24 | -21% | 39Weak | $1.1B |
⚖ Compare SBNC with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about SBNC
Is SBNC undervalued right now?
By the GLS models, yes: at 13,250.00 the stock is 60% below the average fair value of 33,336.07 (data as of 5 Nov 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of SBNC and what does it mean?
SBNC has no listed options in our nightly snapshot, so it cannot be wheeled; it fails the first Wheel Trade Filter (options that actually trade), stays under 70 and is shown as "No options".
What is the GLS fair value for SBNC?
33,336.07 per share as of 5 Nov 2026 - the simple average of the 9 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Southern BancShares (N.C.), Inc. report earnings next?
No upcoming earnings date is recorded for SBNC in our calendar as of 5 Nov 2026; the Calendars page is refreshed every morning.
Does SBNC have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on SBNC, so the wheel strategy cannot be run on it and the Wheel Score stays under 70.