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Regional Mid Atlantic Banks

Waccamaw Bankshares, Inc. is a financial holding company headquartered in Myrtle Beach, South Carolina. The company was founded in 1988 and is listed on the NASDAQ stock exchange under the ticker symbol "WBNK." Waccamaw Bankshares operates through its subsidiary, Waccamaw Bank, which provides a range of banking services to individuals and businesses in South Carolina, North Carolina, and Georgia.

Financial Performance:

As of March 11th 2verview of Waccamaw Bankshares' financial performance:

* Market capitalization: $274.34 million

* Revenue (ttm): $57.47 million

* Net income (ttm): $12.18 million

* Earnings per share (ttm): $2.25

* Price-to-earnings ratio (ttm): 14.53

* Dividend yield: 1.79%

Waccamaw Bankshares' financial performance has been consistent over the years, with steady revenue and net income growth. The company's net income has increased at a compound annual growth rate (CAGR) of 11.4% over the past five years.

Earnings:

Waccamaw Bankshares has a strong track record of delivering earnings growth. The company's earnings per share (EPS) have grown at a CAGR of 14.3% over the past five years. In its most recent quarter, Waccamaw Bankshares reported earnings per share of $0.61, which was a 28.6% increase from the same quarter last year.

Growth:

Waccamaw Bankshares has a solid track record of growth, with assets increasing at a CAGR of 11.6% over the past five years. The company's loan portfolio has also grown at a CAGR of 12.5% over the same period.

Valuation:

Waccamaw Bankshares is currently trading at a price-to-earnings ratio (P/E) of 14.53, which is slightly above the industry average of 13.35. The company's price-to-book ratio (P/B) is 1.46, which is also slightly above the industry average of 1.39. Waccamaw Bankshares' dividend yield is 1.79%, which is slightly higher than the industry average of 1.67%.

Conclusion:

Waccamaw Bankshares, Inc. (WBNK) is a financially strong company with a solid track record of earnings growth and consistent profitability. The company's steady revenue and net income growth, along with its strong capital position, make it an attractive investment opportunity for long-term investors. However, the company's valuation multiples are slightly above industry averages, which may indicate that the company's growth potential is already reflected in its stock price. Therefore, investors should carefully assess their risk tolerance and investment goals before making a decision on Waccamaw Bankshares.