Saturday 17 October 2026 Export SFST’s income statement to Excel — free account

Southern First Bancshares, Inc.

Southern First Bancshares, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $224.6 million, up 5.28% from fiscal 2024. In the quarter to June 2026, revenue grew 10.8%, EPS grew 50.6%, free cash flow grew 66.0% and total debt fell 94.9%, each against the same quarter a year earlier. Revenue growth for three consecutive years; insiders bought in the last twelve months.

59.81 0.02 +0.03%

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Market cap: $566.3M
P/E: 12.6×
Fwd P/E: 11.5×
Dividend yield: —
F-score: 8/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.05

Total sells 2.94

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	1	—	—	—	1	—	—	—	—	—	1	—
Sell	1	2	—	1	—	—	—	2	—	5	1	—

Insider Ownership 3.97%

Capital & Financial Ratios $m

Market Cap 566.32

Revenue 236.00

Net Income 39.60

Free Cash Flow 39.79

Net Debt (348.23)

Current Ratio 1.04

Debt/Equity 0.03

P/E ratio 12.62

Fwd P/E 11.50

P/S ratio 2.33

P/B ratio 1.21

Past 5Y EPS Growth 9.89%

This Y EPS Growth 33.33%

Next Y EPS Growth 23.50%

Next Y revenue growth (34.82%)

Next 5Y EPS Growth 20.74%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 37.74%

10-year low 10-year high

P/S against its own 10 years 38.48%

10-year low 10-year high

P/B against its own 10 years 38.48%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2017	Powerpack

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	156	163	270	362
Receivables	—	—	—	—
Inventory	—	—	—	—
Other	—	—	—	—
	3,725	3,759	4,084	4,356

	2023	2024	2025	Q'26
Payables	3,380	3,436	3,717	3,935
ST’ Debt	—	—	—	—
Other	—	—	—	—
	3,380	3,436	3,717	4,175

Compound Annual Growth %

	10y	5y	3y
Sales	15.23%	12.95%	20.86%
Cash Flow	4.24%	8.11%	(15.40%)
Earnings	11.56%	10.63%	1.41%
Book Value	14.61%	10.06%	7.77%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	58	62	—	—	—
’25	53	56	59	58	225
’24	51	54	54	54	213
’23	40	45	50	51	187
’22	27	30	34	37	127
’21	29	26	28	27	110
’20	28	33	31	30	122

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	11	18	—	—	—
’25	8	10	14	(2)	30
’24	(3)	4	26	(2)	26
’23	1	(7)	16	7	18
’22	8	7	22	13	50
’21	11	23	16	28	78
’20	(4)	6	(5)	24	21

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	10	17	—	—	—
’25	7	10	14	(2)	30
’24	(3)	4	26	(2)	25
’23	1	(7)	16	7	16
’22	2	3	18	13	36
’21	8	15	10	18	52
’20	(5)	4	(6)	23	16

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	1.19	1.20	—	—	—
’25	0.65	0.81	1.07	1.21	3.75
’24	0.31	0.37	0.54	0.70	1.91
’23	0.33	0.31	0.51	0.51	1.66
’22	0.98	0.90	1.04	0.68	3.61
’21	1.31	1.29	1.75	1.49	5.85
’20	0.36	0.60	0.28	1.10	2.34

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	21.30	31.40	27.33	30.86	20.89	34.50	41.05	20.75	24.98	29.14	Analyst estimates 2026–2028 Powerpack
	High	36.85	43.20	48.75	44.43	43.00	65.59	65.38	45.98	45.91	56.73
People
People	Employees	179	198	229	242	254	278	293	296	297	315
	Revenue/emp, $m	0.35	0.36	0.38	0.44	0.48	0.40	0.43	0.63	0.72	0.71
Income, $m
Income, $m	Revenue	62	71	87	108	122	110	127	187	213	225
	Gross margin, %	86.79	85.35	81.00	76.42	87.72	95.07	84.25	46.68	43.76	52.57
	EBT	20	24	29	35	24	61	38	17	20	40
	EBT margin, %	32.83	33.54	33.03	32.96	19.50	55.14	29.95	9.30	9.33	17.63
	Net income	13	13	22	28	18	47	29	13	16	30
	Depreciation	2	2	2	2	3	3	4	5	5	5
Per share, $
Per share, $	Revenue	9.82	10.07	11.76	14.30	15.83	14.06	15.99	23.30	26.40	27.76
	Earnings	2.06	1.86	3.02	3.70	2.37	5.96	3.66	1.67	1.92	3.77
	Cash flow	2.70	2.45	4.29	2.43	2.67	9.95	6.32	2.19	3.16	3.76
	Capex	(0.86)	(0.77)	(0.26)	(1.12)	(0.57)	(3.37)	(1.74)	(0.15)	(0.09)	(0.07)
	Free cash flow	1.85	1.69	4.03	1.31	2.10	6.58	4.58	2.04	3.07	3.69
	Book value	17.39	21.37	23.55	27.35	29.58	35.43	37.01	38.83	40.89	45.56
	Shares, m	6	7	7	8	8	8	8	8	8	8
Valuation, ×
Valuation, ×	P/E	17.27	21.93	10.62	11.48	14.85	10.50	12.31	22.05	20.70	13.67
	P/S	3.64	4.07	2.73	2.97	2.23	4.45	2.82	1.58	1.51	1.86
	P/B	2.06	1.92	1.36	1.55	1.20	1.76	1.22	0.95	0.97	1.13
	EV/Sales	4.96	3.91	2.62	3.14	1.91	3.26	3.13	2.41	1.98	0.77
	EV/FCF	26.41	23.34	7.64	34.21	14.36	6.96	10.94	27.51	17.07	5.76
Cash, $m
Cash, $m	Operating cash flow	17	17	32	18	21	78	50	18	26	30
	Capex	(5)	(5)	(2)	(8)	(4)	(26)	(14)	(1)	(1)	(1)
	Free cash flow	12	12	30	10	16	52	36	16	25	30
Balance, $m
Balance, $m	Working capital	112	94	96	206	117	76	276	346	324	367
	Total debt	129	81	63	146	61	36	211	311	265	265
	Net debt	82	(12)	(9)	18	(40)	(131)	40	155	102	(5)
	Shareholders’ equity	110	150	174	206	228	278	295	312	330	369
Returns, %
Returns, %	ROA	1.02	0.88	1.26	1.34	0.77	1.73	0.88	0.35	0.38	0.72
	ROIC	6.63	10.71	10.90	9.90	7.89	25.89	7.11	2.33	2.88	6.80
	ROE	12.77	10.05	13.78	14.67	8.44	18.46	10.17	4.42	4.83	8.69

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 8 Oct 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
FBIZ First Business Financial Services, Inc.	$586.5M	10.7×	9.4×	+7.37% (above 0%: growing)	+36.30% (above 0%: growing)	+181.48% (above 0%: growing)	63.47%	0.00%	Compare
KRNY Kearny Financial	$585.0M	15.7×	10.6×	+2.23% (above 0%: growing)	0.00%	+72.16% (above 0%: growing)	52.34%	0.00%	Compare
GCBC Greene County Bancorp, Inc.	$583.1M	14.3×	—	+7.97% (above 0%: growing)	+21.82% (above 0%: growing)	+40.48% (above 0%: growing)	67.04%	0.00%	Compare
BWB Bridgewater Bancshares, Inc.	$568.0M	10.9×	9.5×	+2.96% (above 0%: growing)	+23.68% (above 0%: growing)	+287.44% (above 0%: growing)	54.53%	0.00%	Compare
SFST Southern First Bancshares, Inc.	$566.3M	12.6×	11.5×	+10.76% (above 0%: growing)	+50.62% (above 0%: growing)	+66.02% (above 0%: growing)	58.21%	0.00%
UNTY Unity Bancorp, Inc.	$563.0M	9.6×	9.5×	+0.29% (above 0%: growing)	−12.20% (below 0%: shrinking)	−57.88% (below 0%: shrinking)	69.50%	0.00%	Compare
SUPV Grupo Supervielle S.A.	$559.2M	— (loss-making)	—	−1.93% (below 0%: shrinking)	−28.57% (below 0%: shrinking)	−129.06% (below 0%: shrinking)	64.28%	0.00%	Compare
CIVB Civista Bancshares, Inc.	$558.0M	9.9×	9.4×	+4.29% (above 0%: growing)	−2.82% (below 0%: shrinking)	+44.49% (above 0%: growing)	72.61%	0.00%	Compare
NRIM Northrim BanCorp Inc	$543.4M	7.6×	9.5×	+3.99% (above 0%: growing)	+29.58% (above 0%: growing)	+934.70% (above 0%: growing)	84.32%	0.00%	Compare
Median of peers	$565.5M	10.7×	9.5×	+3.48%	+10.91%	+58.33%	65.66%	0.00%

All 323 Banks Regional stocks →

Southern First Bancshares, Inc. (SFST) key facts

Strength: Southern First Bancshares, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $224.6 million, up 5.28% from fiscal 2024.
Strength: Net income was $30.4 million, or $3.77 per share (basic), a net margin of 13.5%.
Southern First Bancshares, Inc. (SFST) is a Banks Regional company in the Financial sector, listed on Nasdaq.
As of October 16, 2026, SFST traded at $59.81, a market capitalization of $566.3 million.
At that price the stock trades at 12.6× trailing-twelve-month earnings and 2.3× sales; its P/E is higher than 38% of its own readings over the past ten years.
Return on equity was 8.69% and debt-to-equity 0.03.
Its Piotroski F-score is 8 out of 9 for fiscal 2025.