Bank Of South Carolina (BKSC) AI Stock Analysis

• Market Cap: $75.56M
• Dividend Yield: 5.33%
• Average Volume (3M): 1.68K
• Price to Earnings (P/E): 11.0
• Beta (1Y): 0.19
• Revenue Growth: 10.54%
• EPS Growth: 24.10%
• Country: US
• Employees: 80
• Sector: Financial
• Sector Strength: 77
• Industry: Banking
• EPS (TTM): 1.23
• Shares Outstanding: 5,547,439
• 10 Day Avg. Volume: 1,862
• 30 Day Avg. Volume: 1,679
• PEG Ratio: 0.45
• Price to Book (P/B): N/A
• Price to Sales (P/S): 3.57
• Price to Cash Flow (P/CF): 35.40
• P/FCF Ratio: 11.60
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Bank of South Carolina demonstrates stable financial performance with consistent revenue growth and effective cost management. However, the company faces pressures on profitability and cash flow. The stock's valuation is attractive, with a low P/E ratio and high dividend yield, providing a cushion for investors. Technical indicators suggest neutral market momentum, with no clear trend. Overall, the stock presents a balanced risk-reward profile, appealing to income-focused investors.

Bank Of South Carolina Business Overview & Revenue Model

Company Description

Bank of South Carolina (BKSC) is a regional bank that provides a wide range of financial services to individuals, businesses, and organizations primarily in South Carolina. The bank offers core products and services such as personal and business banking, mortgage lending, and wealth management. Founded with a focus on community banking, BKSC emphasizes personalized service and a commitment to the local communities it serves.

How the Company Makes Money

Bank of South Carolina primarily generates revenue through interest income from loans and investments, fees from various banking services, and interest on securities. Key revenue streams include interest charged on personal and commercial loans, mortgages, and lines of credit. Additionally, the bank earns non-interest income from service charges on deposit accounts, transaction fees, and wealth management services. The bank's earnings are significantly influenced by the interest rate environment, economic conditions, and its ability to attract and retain customers through competitive banking products and customer service.

Bank Of South Carolina Financial Statement Overview

Summary

Bank of South Carolina shows consistent revenue growth and stable margins in its income statement, despite declining net profitability. The balance sheet indicates increased leverage with stable equity levels, while cash flow statements highlight challenges in cash generation despite maintaining positive free cash flow. The company demonstrates stability in its financials but faces profitability and cash flow pressures.

Income Statement

The company's income statement shows stable revenue growth over the years, with a 24.4% increase from 2022 to 2023. Gross profit margin is consistent as all revenue is gross profit. However, the net profit margin decreased from 31.8% in 2022 to 21.1% in 2023, indicating reduced profitability. The EBIT and EBITDA margins are positive and exhibit stability, reflecting effective cost management.

Balance Sheet

The balance sheet reflects strong equity growth, with a Debt-to-Equity ratio that increased from 0.35 in 2022 to 1.25 in 2023, suggesting higher leverage. The Return on Equity decreased from 17.1% to 11.7%, indicating a decline in profitability relative to shareholder equity. The Equity Ratio remains stable, maintaining financial stability despite increased debt levels.

Cash Flow

Operating cash flow decreased significantly compared to prior years, impacting the Operating Cash Flow to Net Income ratio, which fell from 1.42 to 1.13. Free Cash Flow also declined, resulting in a negative Free Cash Flow Growth Rate. Despite these challenges, the company maintains a positive Free Cash Flow to Net Income ratio, indicating some capacity to generate cash from operations.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
21.25M	26.08M	20.96M	21.25M	20.34M	20.30M
	Gross Profit
21.25M	26.08M	-1.31B	-1.40B	-1.23B	-2.17B
	EBIT
14.98M	6.91M	8.93M	8.82M	8.43M	9.49M
	EBITDA
5.92M	7.29M	8.99M	9.23M	8.85M	9.72M
	Net Income Common Stockholders
4.54M	5.49M	6.66M	6.74M	6.46M	7.32M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
-21.92M	263.13M	298.94M	352.46M	183.15M	149.54M
	Total Assets
633.82M	633.82M	653.35M	679.22M	532.49M	445.01M
	Total Debt
58.80M	58.80M	13.43M	14.04M	12.73M	13.21M
	Net Debt
80.72M	36.88M	-14.34M	-126.07M	-35.60M	-35.89M
	Total Liabilities
586.73M	586.73M	614.53M	625.30M	477.51M	393.84M
	Stockholders Equity
47.08M	47.08M	38.81M	53.92M	54.98M	51.17M
Cash Flow		Free Cash Flow
0.00	5.71M	8.91M	17.32M	107.85K	2.26M
	Operating Cash Flow
0.00	6.18M	9.47M	17.46M	291.99K	4.44M
	Investing Cash Flow
0.00	19.68M	-107.68M	-68.57M	-80.19M	19.90M
	Financing Cash Flow
0.00	-31.71M	-14.13M	142.89M	79.13M	-7.08M

Bank Of South Carolina Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 13.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BKSC, the sentiment is Neutral. The current price of 13.5 is below the 20-day moving average (MA) of 13.73, below the 50-day MA of 13.50, and above the 200-day MA of 12.25, indicating a neutral trend. The MACD of -0.01 indicates Positive momentum. The RSI at 47.40 is Neutral, neither overbought nor oversold. The STOCH value of 39.77 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for BKSC.

Bank Of South Carolina Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MPB	77 Outperform	$498.02M	9.29	8.26%	2.97%	20.62%	26.72%
ACNB	70 Outperform	$425.68M	11.08	10.97%	3.10%	14.82%	0.62%
CZNC	70 Outperform	$307.77M	12.12	9.60%	5.63%	3.55%	7.29%
BKSC	70 Neutral	$75.56M	11.01	13.58%	5.33%	10.54%	24.10%
FUNC	64 Neutral	$192.89M	10.12	12.06%	2.63%	12.56%	-18.63%
Sector *	64 Neutral	$13.80B	10.64	9.23%	4.22%	17.66%	-7.66%
HIFS	61 Neutral	$512.79M	18.74	6.72%	1.05%	14.02%	5.59%