SFST
Southern First Bancshares Inc
NASDAQ: SFST · FINANCIAL SERVICES · BANKS - REGIONAL
$55.85
-3.26% today
Updated 2026-04-29
Market cap
$532.51M
P/E ratio
13.22
P/S ratio
4.37x
EPS (TTM)
$4.26
Dividend yield
—
52W range
$33 – $62
Volume
0.1M
Southern First Bancshares Inc (SFST) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $31.51M | $40.78M | $41.74M | $38.02M | $38.57M | $37.91M | $38.46M | $39.92M | $45.73M | $54.45M | $62.04M | $70.55M | $82.71M | $102.69M | $122.17M | $110.26M | $127.64M | $187.46M | $213.32M | $224.62M |
| Revenue growth (YoY) | — | +29.4% | +2.4% | -8.9% | +1.5% | -1.7% | +1.4% | +3.8% | +14.5% | +19.1% | +13.9% | +13.7% | +17.2% | +24.2% | +19.0% | -9.8% | +15.8% | +46.9% | +13.8% | +5.3% |
| Cost of revenue | $18.23M | $24.83M | $25.01M | $21.20M | $20.93M | $17.12M | $13.25M | $10.57M | $11.08M | $10.70M | $10.49M | $12.33M | $18.41M | $27.68M | $44.61M | $-6.96M | $26.20M | $101.20M | $120.11M | $109.48M |
| Gross profit | $13.28M | $15.95M | $16.73M | $16.82M | $17.65M | $20.79M | $25.21M | $29.35M | $34.65M | $43.74M | $51.55M | $58.21M | $64.30M | $75.01M | $77.56M | $117.23M | $101.44M | $86.25M | $93.33M | $115.14M |
| Gross margin | 42.1% | 39.1% | 40.1% | 44.2% | 45.7% | 54.8% | 65.5% | 73.5% | 75.8% | 80.3% | 83.1% | 82.5% | 77.7% | 73.0% | 63.5% | 106.3% | 79.5% | 46.0% | 43.8% | 51.3% |
| R&D | — | — | — | — | — | $0.00 | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $4.40M | $6.02M | $8.90M | $10.99M | $11.40M | $12.24M | $13.51M | $15.53M | $17.39M | $20.35M | $22.59M | $26.09M | $26.63M | $28.42M | $36.06M | $37.25M | $40.48M | $44.04M | $2.40M | $54.79M |
| Operating income | $5.93M | $5.08M | $2.48M | $1.76M | $1.08M | $2.92M | $5.70M | $7.54M | $9.74M | $15.54M | $20.37M | $23.66M | $28.69M | $35.48M | $23.82M | $60.80M | $38.11M | $17.43M | $19.91M | $39.60M |
| Operating margin | 18.8% | 12.4% | 5.9% | 4.6% | 2.8% | 7.7% | 14.8% | 18.9% | 21.3% | 28.5% | 32.8% | 33.5% | 34.7% | 34.5% | 19.5% | 55.1% | 29.9% | 9.3% | 9.3% | 17.6% |
| EBITDA | $6.28M | $5.56M | $3.02M | $2.50M | $1.94M | $3.81M | $6.67M | $8.74M | $10.95M | $16.85M | $21.62M | $25.12M | $30.45M | $37.39M | $26.01M | $63.12M | $41.81M | $22.24M | $24.72M | $44.34M |
| EBITDA margin | 19.9% | 13.6% | 7.2% | 6.6% | 5.0% | 10.0% | 17.4% | 21.9% | 23.9% | 30.9% | 34.9% | 35.6% | 36.8% | 36.4% | 21.3% | 57.2% | 32.8% | 11.9% | 11.6% | 19.7% |
| EBIT | $5.93M | $5.08M | $2.48M | $1.76M | $1.08M | $2.92M | $5.70M | $7.54M | $9.74M | $15.54M | $20.37M | $23.66M | $28.69M | $35.48M | $23.82M | $60.80M | $38.11M | $17.43M | $19.91M | $39.60M |
| Interest expense | $16.58M | $22.78M | $21.85M | $16.89M | $15.32M | $11.85M | $8.70M | $7.10M | $6.91M | $7.50M | $8.19M | $10.33M | $16.50M | $25.38M | $15.01M | $5.43M | $20.04M | $99.94M | $119.99M | $106.53M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $3.90M | $3.44M | $1.85M | $1.42M | $890000.00 | $2.09M | $3.86M | $5.12M | $6.63M | $10.17M | $13.04M | $13.04M | $22.29M | $27.86M | $18.33M | $46.71M | $29.11M | $13.43M | $15.53M | $30.37M |
| Net income growth (YoY) | — | -11.9% | -46.1% | -23.4% | -37.3% | +134.6% | +85.0% | +32.6% | +29.4% | +53.5% | +28.2% | +0.1% | +70.9% | +25.0% | -34.2% | +154.9% | -37.7% | -53.9% | +15.7% | +95.5% |
| Profit margin | 12.4% | 8.4% | 4.4% | 3.7% | 2.3% | 5.5% | 10.0% | 12.8% | 14.5% | 18.7% | 21.0% | 18.5% | 26.9% | 27.1% | 15.0% | 42.4% | 22.8% | 7.2% | 7.3% | 13.5% |