YOLFTbeta
Southern First Bancshares Inc

Southern First Bancshares Inc

SFST · NASDAQ · Financial Services / Banks - Regional

60.63USD-0.08 (-0.13%)

Price History

Full chart

Market Stats

Previous Close60.71
Open60.71
Day Range60.51 – 61.00
52-Week Range40.90 – 65.09
Volume45.60K
Market Cap567.64M
P/E (TTM)12.89
Forward P/E18.62
EPS4.65
Dividend Yield0.00%
Beta0.67
50-Day Avg62.35
200-Day Avg58.03

About

Southern First Bancshares, Inc. operates as the bank holding company for Southern First Bank that provides commercial, consumer, and mortgage loans to the general public in South Carolina, North Carolina, and Georgia. The company accepts various deposit products that include checking accounts, commercial checking accounts, and savings accounts, as well as other time deposits, including daily money market accounts and long-term certificates of deposit. Its loan portfolio comprises commercial real estate loans; construction real estate loans; commercial business loans for various lines of businesses, such as the manufacturing, service industry, and professional service areas; consumer real estate and home equity loans; and other consumer loans, including secured and unsecured installment loans and revolving lines of credit. In addition, the company offers other bank services, such as internet banking, cash management, safe deposit boxes, direct deposit, automatic drafts, bill payment, and mobile banking services. The company was incorporated in 1999 and is headquartered in Greenville, South Carolina.

Company Details

  • SectorFinancial Services
  • IndustryBanks - Regional
  • CEOMr. R. Arthur Seaver Jr.
  • Employees315
  • Headquarters6 Verdae Boulevard, Greenville, SC, United States, 29607, USA
  • Websitehttps://www.southernfirst.com

Leadership

  • Mr. R. Arthur Seaver Jr.CEO & Director · b. 1964
  • Mr. Calvin C. HurstPresident & Chief Banking Officer · b. 1982
  • Mr. Christian J. ZychExecutive VP & CFO · b. 1972
  • Ms. Julie A. FairchildChief Accounting Officer & Principal Accounting Officer · b. 1975
  • Mr. Wesley C. WilbanksExecutive VP & Chief Credit Officer of Southern First Bank
  • Ms. Silvia T. KingChief Human Resources Officer · b. 1978
  • Mr. Brandon RichSenior VP & Executive Director of Market Support
  • Mr. Carl FrancoisExecutive Director and SVP of BSA, Fraud & Compliance
  • Mr. Brian KornahrensTeam Leader & SVP
  • Mr. Frederick Gilmer IIIExecutive Vice President of Southern First Bank and Senior Lending Officer of Southern First Bank · b. 1965

Financials

Income Statement

Currency: USD1999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue80.00K3.21M6.59M8.67M10.14M14.73M22.50M31.51M40.78M41.74M38.02M38.57M37.91M38.46M39.92M45.73M54.45M62.04M70.55M82.71M102.69M122.17M110.26M127.64M187.46M213.32M224.62M
Growth (%)-+3908.25%+105.65%+31.53%+16.95%+45.18%+52.76%+40.07%+29.43%+2.36%-8.92%+1.46%-1.72%+1.45%+3.80%+14.55%+19.06%+13.94%+13.72%+17.24%+24.17%+18.96%-9.75%+15.76%+46.87%+13.80%+5.29%
Cost of Revenue10.00K2.12M3.95M4.54M4.67M6.63M10.58M18.23M24.83M25.01M21.20M20.93M17.12M13.25M10.57M11.08M10.70M10.49M12.33M18.41M27.68M44.61M-6.96M26.20M101.20M120.11M109.48M
Gross Profit80.00K1.08M2.64M4.13M5.48M8.10M11.91M13.28M15.95M16.73M16.82M17.65M20.79M25.21M29.35M34.65M43.74M51.55M58.21M64.30M75.01M77.56M117.23M101.44M86.25M93.33M115.14M
Gross Margin100.00%33.77%40.05%47.63%53.98%55.00%52.95%42.14%39.11%40.08%44.23%45.75%54.83%65.54%73.52%75.76%80.35%83.09%82.52%77.75%73.04%63.49%106.33%79.48%46.01%43.75%51.26%
Operating Expense610.00K1.78M2.78M-113.70K3.85M4.85M7.86M7.35M10.87M14.25M15.05M16.56M17.87M19.51M21.81M24.91M28.21M31.18M34.55M35.61M39.53M53.74M56.43M63.33M68.83M73.42M75.53M
Operating Income-530.00K-699.55K-141.18K4.24M1.62M3.25M4.06M5.93M5.08M2.48M1.76M1.08M2.92M5.70M7.54M9.74M15.54M20.37M23.66M28.69M35.48M23.82M60.80M38.11M17.43M19.91M39.60M
Operating Margin-662.50%-21.82%-2.14%48.94%16.00%22.04%18.03%18.81%12.45%5.94%4.64%2.81%7.70%14.81%18.88%21.30%28.53%32.83%33.54%34.69%34.55%19.50%55.15%29.86%9.30%9.33%17.63%
EBITDA-520.00K-661.23K51.37K209.81K1.88M3.41M4.32M6.28M5.56M3.02M2.50M1.94M3.81M6.67M8.74M10.95M16.85M21.62M25.12M30.45M37.39M26.01M63.12M41.81M22.24M24.72M44.34M
EBITDA Margin-650.00%-20.62%0.78%2.42%18.53%23.16%19.18%19.92%13.63%7.23%6.56%5.02%10.04%17.35%21.90%23.94%30.94%34.85%35.61%36.81%36.41%21.29%57.25%32.76%11.87%11.59%19.74%
Net Income-520.00K-661.55K-119.18K752.42K1.01M2.01M2.51M3.90M3.44M1.85M1.42M890.00K2.09M3.86M5.12M6.63M10.17M13.04M13.04M22.29M27.86M18.33M46.71M29.11M13.43M15.53M30.37M
Net Income Margin-650.00%-20.63%-1.81%8.68%9.92%13.67%11.18%12.38%8.42%4.44%3.73%2.31%5.51%10.04%12.83%14.49%18.67%21.01%18.49%26.95%27.13%15.00%42.37%22.81%7.16%7.28%13.52%
R&D------------0-000000-------
R&D as % of Total Revenue------------0.00%-0.00%0.00%0.00%0.00%0.00%0.00%-------
Interest Expense10.00K1.52M3.35M3.49M3.62M5.32M9.58M16.58M22.78M21.85M16.89M15.32M11.85M8.70M7.10M6.91M7.50M8.19M10.33M16.50M25.38M15.01M5.43M20.04M99.94M119.99M106.53M
Interest Expense % of Total Revenue12.50%47.52%50.85%40.26%35.67%36.10%42.61%52.62%55.86%52.35%44.44%39.71%31.27%22.63%17.78%15.11%13.78%13.21%14.65%19.96%24.72%12.28%4.93%15.70%53.32%56.25%47.43%

Balance Sheet

Currency: USD1999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets10.10M61.43M118.57M170.36M230.66M315.81M405.31M509.34M628.13M692.98M719.30M736.49M767.75M798.00M890.83M1.03B1.22B1.34B1.62B1.90B2.27B2.48B2.93B3.69B4.06B4.09B4.40B
Total Liabilities-51.95M109.11M160.13M219.47M287.73M374.84M474.76M589.85M653.19M659.46M677.27M705.21M733.87M825.17M946.87M128.60M1.23B1.47B1.73B35.89M36.00M36.11M211.21M3.74B3.76B4.03B
Total Equity10.10M9.47M9.46M10.23M11.19M28.08M30.47M34.58M38.28M39.79M59.84M59.22M62.54M64.13M65.67M82.99M1.09B109.87M149.69M173.92M2.23B2.45B2.89B3.48B312.47M330.44M368.66M
Cash-931.37K2.88M4.50M4.10M3.94M6.22M9.11M7.71M4.36M5.62M4.12M23.00M29.51M30.76M15.41M57.87M22.51M43.02M36.99M121.82M88.09M162.01M165.07M36.82M34.41M86.11M
Total Debt-1.17M15.37M25.50M47.98M79.95M107.58M121.90M171.92M178.08M160.35M136.10M258.80M150.69M137.50M148.60M142.01M128.60M80.60M63.40M147.99M63.33M38.08M213.23M311.32M264.90M264.90M
Net Debt-233.75K12.49M20.99M43.88M76.00M101.36M112.79M164.21M173.72M154.73M131.98M235.70M121.18M106.74M133.19M70.74M106.09M37.59M26.41M24.07M-27.09M-125.90M46.14M274.50M230.49M178.79M

Cash Flow

Currency: USD1999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-510.00K1.55M258.71K1.81M3.38M2.41M14.37M-1.58M2.97M6.91M2.86M10.79M11.19M11.88M8.59M4.73M20.11M17.09M17.19M31.70M18.31M20.62M78.07M50.30M17.65M25.56M30.46M
Investing Cash Flow-8.68M-48.16M-59.32M-51.31M-59.50M-86.81M-71.11M-113.17M-119.98M-74.20M-27.72M13.59M-67.86M-30.69M-88.06M-130.78M-175.96M-139.92M-239.01M-301.71M-275.58M-230.77M-410.63M-792.58M-378.57M-28.86M-206.33M
Financing Cash Flow10.65M49.99M57.19M50.99M58.59M82.79M77.00M105.72M117.40M63.48M23.78M17.39M25.83M25.22M89.26M128.11M177.45M106.52M267.44M250.71M312.22M183.02M399.08M745.94M346.22M9.99M282.60M
Capital Expenditure110.00K571.54K466.69K104.99K200.94K1.35M5.32M1.21M896.70K6.85M5.43M326.00K2.37M2.37M2.30M2.23M4.65M5.43M5.38M1.94M8.43M7.28M26.51M13.95M1.24M785.00K581.00K
Free Cash Flow-620.00K978.36K-207.97K1.71M3.18M1.06M9.05M-2.78M3.87M62.00K-2.57M10.46M8.82M9.51M6.29M2.51M15.46M11.66M11.81M29.76M9.88M13.34M51.56M36.35M16.41M24.77M29.88M
Dividends Paid-------1.00K--620.00K865.00K865.00K845.00K778.00K1.01M000--------
FCF to OCF121.57%63.12%-80.39%94.21%94.06%43.95%62.96%176.30%130.15%0.90%-89.90%96.98%78.83%80.04%73.23%53.00%76.87%68.24%68.70%93.87%53.95%64.71%66.04%72.27%92.96%96.93%98.09%
Dividend Paid to FCF--------0.04%---24.11%8.27%9.81%8.89%12.37%40.26%0.00%0.00%0.00%--------

Earnings

Report DateMar 31, 2000Jun 30, 2000Sep 30, 2000Dec 31, 2000Mar 31, 2001Jun 30, 2001Sep 30, 2001Mar 31, 2002Jun 30, 2002Sep 30, 2002Dec 31, 2002Mar 31, 2003Aug 12, 2003Oct 19, 2003Jan 20, 2004Apr 19, 2004Aug 12, 2004Oct 19, 2004Jan 20, 2005Apr 19, 2005Jul 19, 2005Oct 18, 2005Jan 17, 2006Apr 18, 2006Jul 18, 2006Oct 17, 2006Jan 16, 2007Apr 17, 2007Jul 17, 2007Oct 16, 2007Jan 15, 2008Apr 15, 2008Jul 15, 2008Oct 21, 2008Jan 20, 2009Apr 21, 2009Jul 21, 2009Oct 20, 2009Jan 19, 2010Apr 20, 2010Jul 20, 2010Oct 19, 2010Jan 18, 2011Apr 19, 2011Jul 19, 2011Oct 18, 2011Jan 17, 2012Apr 17, 2012Jul 17, 2012Oct 23, 2012Jan 22, 2013Apr 23, 2013Jul 23, 2013Oct 22, 2013Jan 28, 2014Apr 22, 2014Jul 22, 2014Oct 21, 2014Jan 27, 2015May 1, 2015Jul 28, 2015Oct 27, 2015Jan 26, 2016Apr 26, 2016Jul 26, 2016Oct 25, 2016Jan 24, 2017Apr 25, 2017Jul 25, 2017Oct 24, 2017Jan 23, 2018Apr 24, 2018Jul 24, 2018Oct 23, 2018Jan 22, 2019Apr 23, 2019Jul 23, 2019Oct 22, 2019Jan 28, 2020Apr 28, 2020Jul 28, 2020Oct 27, 2020Jan 26, 2021Apr 29, 2021Jul 27, 2021Nov 2, 2021Jan 25, 2022Apr 26, 2022Jul 26, 2022Oct 25, 2022Jan 24, 2023Apr 25, 2023Jul 25, 2023Oct 19, 2023Jan 18, 2024Apr 18, 2024Jul 18, 2024Oct 22, 2024Jan 28, 2025Apr 22, 2025Jul 22, 2025Oct 28, 2025Jan 22, 2026Apr 21, 2026Jul 21, 2026Oct 27, 2026
EPS Estimate----------------------------------------------------0.220.270.280.290.240.270.280.290.320.380.420.390.460.500.490.480.500.500.540.610.670.700.730.720.780.870.850.880.380.570.630.991.141.161.191.081.081.020.960.640.320.330.390.380.480.550.650.610.650.891.111.231.191.25
EPS Actual-0.11-0.07-0.04-0.04-0.03-0.020.000.020.050.100.130.060.080.100.120.130.140.170.160.150.190.220.020.190.230.240.250.220.170.220.180.180.20-0.030.090.090.000.02-0.05-0.08-0.060.000.020.050.070.050.030.090.130.190.220.180.250.270.270.220.260.310.300.310.390.410.430.450.490.510.490.460.490.550.270.670.710.750.750.780.930.951.070.360.380.281.101.311.271.751.490.980.901.040.680.330.310.510.510.310.370.540.700.650.811.071.211.191.20-
Surprise----------------------------------------------------13.64%0.00%-3.57%-24.14%8.33%14.81%7.14%6.90%21.88%7.89%2.38%15.38%6.52%2.00%0.00%-4.17%-2.00%10.00%-50.00%9.84%5.97%7.14%2.74%8.33%19.23%9.20%25.88%-59.09%0.00%-50.88%74.60%32.32%11.40%50.86%25.21%-9.26%-16.67%1.96%-29.17%-48.44%-3.13%54.55%30.77%-18.42%-22.92%-1.82%7.69%6.56%24.62%20.22%9.01%-3.25%0.84%-
Timing----------------------------------------------------After-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap567.64M
Enterprise Value486.13M
Trailing P/E12.89
Forward P/E18.62
PEG Ratio2.31
Price / Sales4.41
Price / Book1.27
EPS4.65
Book Value47.77
Revenue (TTM)128.81M
Gross Profit (TTM)128.81M
Profit Margin30.74%
Operating Margin43.95%
Return on Equity9.93%
Return on Assets0.88%
Shares Outstanding9.47M
Shares Float7.45M
Beta0.67
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 1 analystsTarget 68.50
  • Buy
    1

Ownership Breakdown

Institutions
91.47%
Insiders
5.15%
Retail / Other
3.38%

Top Institutional Holders

  • FJ Capital Management LLC
    892.22K9.42%
  • T. Rowe Price Investment Management,Inc.
    817.84K8.63%
  • BlackRock Inc
    712.41K7.52%
  • Endeavour Capital Advisors Inc
    662.86K7.00%
  • Dimensional Fund Advisors, Inc.
    387.86K4.09%
  • Vanguard Capital Management, LLC
    344.88K3.64%
  • Ameriprise Financial Inc
    271.24K2.86%
  • Rhino Investment Partners, Inc.
    210.12K2.22%
  • Geode Capital Management, LLC
    180.23K1.90%
  • Banc Funds Co LLC
    171.66K1.81%
  • State Street Corp
    167.96K1.77%
  • American Century Companies Inc
    157.86K1.67%
  • Renaissance Technologies Corp
    150.61K1.59%

Top Fund Holders

  • T. Rowe Price Small-Cap Value
    451.11K4.76%
  • Vanguard MStar Total Stk Mkt Idx Invest
    280.88K2.97%
  • iShares Russell 2000 ETF
    243.26K2.57%
  • Columbia Small Cap Value Discv A
    165.65K1.75%
  • Janus Henderson Small Cap Value L
    161.84K1.71%
  • Avantis US Small Cap Value ETF
    154.87K1.64%
  • State Street® SPDR® S&PRgnllBkgETF
    154.26K1.63%

Dividends

20131×
0.96Jan 30, 2013
20121×
0.71Feb 1, 2012
20111×
0.84Jan 26, 2011
20061×
1.99Jul 20, 2006

Stock Splits

  • Jan 30, 201311:10
  • Feb 1, 201211:10
  • Jan 26, 201111:10
  • Jul 20, 200611:10
  • Nov 18, 20033:2