Risk factor
Critical default risk
Profitability factor
Very low or no dividends
About
SouthPoint Bancshares, Inc., through its subsidiary, SouthPoint Bank, provides various banking products and services in central Alabama. The company accepts various deposits, such as checking, saving, money market, and IRA accounts; and certificates of deposit. It also offers commercial, residential, consumer, small business administration, and home equity loans; and home mortgage services. In addition, the company provides debit and credit cards; wealth and treasury management, remote deposit, mobile and online banking, and bill pay services. SouthPoint Bancshares, Inc. was founded in 2005 and is based in Birmingham, Alabama.
Company Valuation
Based on key historical and expected multiples, the stock is overvalued relative to its peers. In particular, the stock is overpriced on P/E.