Hindsight Market

The Graveyard › 1991

Southeast Banking Corp

STBPQ · Banks · NYSE · in our data August 7, 1972 to September 19, 1991 (19.1 years)

The first trading day in our data for Southeast Banking Corp is August 7, 1972 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on October 9, 1989, the market valued it at $925 million. It ended in a collapse: the last trade was $0.75, -97.3% from its split-adjusted high. The delisting record says: likely failure.

1972-081991-09
Peak market value$925 millionOctober 9, 1989
Highest split-adjusted share price$27.46July 13, 1989
Last share price$0.75September 19, 1991
From its split-adjusted high to the end-97.3%
Return over the days in our data-92.5%with dividends, before the last trade
Worst single day-21.4%September 18, 1991

Share prices are adjusted for splits and other share changes, so the high and the last price compare like for like; the peak market value is as it was on the day. The return covers the trading days in our data only: it does not include what holders received, or lost, after the last trade (a merger payout, a bankruptcy), and it does not reach back before 1972. How these numbers are made · Report a data issue.

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Also gone in 1991: Banks