SFST - Southern First Bancshares Inc Stock Price, Fair Value and News

29.51USD+0.51 (+1.76%)Delayed as of 22 Apr 2024, 12:47 pm ET

Market Summary

USD29.51+0.51

Delayedas of 22 Apr 2024, 12:47 pm

1.76%

SFST Alerts

1 major insider sales recently.

SFST Stock Price

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SFST RSI Chart

SFST Valuation

Market Cap

236.5M

Price/Earnings (Trailing)

17.62

Price/Sales (Trailing)

1.23

EV/EBITDA

0.8

Price/Free Cashflow

14.41

SFST Price/Sales (Trailing)

SFST Profitability

EBT Margin

9.81%

Return on Equity

4.3%

Return on Assets

0.33%

Free Cashflow Yield

6.94%

SFST Fundamentals

SFST Revenue

Revenue (TTM)

177.6M

Rev. Growth (Yr)

53.38%

Rev. Growth (Qtr)

11.15%

SFST Earnings

Earnings (TTM)

13.4M

Earnings Growth (Yr)

-24.13%

Earnings Growth (Qtr)

1.68%

Breaking Down SFST Revenue

52 Week Range

20.7530.51

(Low)(High)

Last 7 days

10.4%

Last 30 days

-6.2%

Last 90 days

-19.7%

Trailing 12 Months

0.9%

How does SFST drawdown profile look like?

SFST Financial Health

SFST Investor Care

Shares Dilution (1Y)

1.34%

Diluted EPS (TTM)

1.66

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	0	0	0	0
2022	0	0	0	0
2021	70.2M	69.0M	0	0
2020	94.9M	95.8M	95.2M	71.3M
2019	81.1M	85.6M	89.8M	92.7M
2018	64.4M	68.0M	71.9M	76.7M
2017	52.8M	55.2M	58.3M	61.2M
2016	47.6M	48.7M	49.9M	51.2M
2015	41.4M	42.9M	44.4M	46.0M
2014	36.7M	37.6M	38.8M	39.9M
2013	34.9M	35.3M	35.6M	36.1M
2012	35.1M	34.7M	34.7M	34.7M
2011	35.3M	35.2M	35.1M	35.1M
2010	36.0M	35.9M	35.7M	35.5M
2009	0	0	0	36.2M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Southern First Bancshares Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 22, 2024	cothran mark a	gifted	-67,540	30.7	-2,200	-
Mar 21, 2024	seaver r arthur jr	sold	-31,125	31.25	-996	ceo
Mar 20, 2024	seaver r arthur jr	sold	-133,172	31.2098	-4,267	ceo
Mar 19, 2024	seaver r arthur jr	sold	-527	31.00	-17.00	ceo
Mar 15, 2024	seaver r arthur jr	sold	-68,822	31.0012	-2,220	ceo
Mar 14, 2024	seaver r arthur jr	sold	-77,827	31.1309	-2,500	ceo
Mar 13, 2024	locke anna t	bought	2,916	32.4	90.00	-
Jan 18, 2024	seaver r arthur jr	acquired	134,300	13.43	10,000	chief executive officer
Jan 16, 2024	aiken william m. iii	acquired	-	-	3,469	chief risk officer
Jan 16, 2024	seaver r arthur jr	acquired	-	-	8,326	chief executive officer

Which funds bought or sold SFST recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 18, 2024	SeaCrest Wealth Management, LLC	added	1.26	-740,267	4,424,490	0.54%
Apr 12, 2024	Abacus Planning Group, Inc.	reduced	-0.09	-170,989	1,010,790	0.20%
Apr 09, 2024	Rise Advisors, LLC	new	-	17,722	17,722	0.01%
Apr 05, 2024	CWM, LLC	added	4.88	-1,000	1,000	-%
Mar 22, 2024	PNC Financial Services Group, Inc.	sold off	-100	-135	-	-%
Mar 11, 2024	VANGUARD GROUP INC	added	0.82	4,123,020	14,737,900	-%
Mar 01, 2024	GOLDMAN SACHS GROUP INC	added	55.11	1,556,710	2,927,040	-%
Feb 28, 2024	AMERICAN INTERNATIONAL GROUP, INC.	reduced	-0.39	38,357	141,537	-%
Feb 23, 2024	MENDON CAPITAL ADVISORS CORP	new	-	285,634	285,634	0.12%
Feb 16, 2024	PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO	unchanged	-	36,449	133,449	-%

Are Funds Buying or Selling SFST?

Are funds buying SFST calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own SFST

No. of Funds

SFST Alerts

1 major insider sales recently.

Unveiling Southern First Bancshares Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	t. rowe price investment management, inc.	9.9%	798,699	SC 13G
Feb 09, 2024	banc funds co llc	2.4%	192,513	SC 13G/A
Feb 07, 2024	fj capital management llc	9.78%	791,009	SC 13G/A
Jan 24, 2024	blackrock inc.	9.8%	794,259	SC 13G/A
Aug 08, 2023	blackrock inc.	10.0%	806,965	SC 13G/A
Mar 24, 2023	fj capital management llc	5.69%	458,226	SC 13G
Feb 14, 2023	t. rowe price investment management, inc.	10.0%	799,080	SC 13G
Feb 14, 2023	price t rowe associates inc /md/	0.0%	1,242	SC 13G/A
Feb 08, 2023	fj capital management llc	3.60%	287,539	SC 13G/A
Feb 07, 2023	banc funds co llc	2.3%	186,493	SC 13G/A

Recent SEC filings of Southern First Bancshares Inc

View All Filings

Date Filed	Form Type	Document
Apr 18, 2024	8-K	Current Report
Apr 03, 2024	DEF 14A	DEF 14A
Mar 26, 2024	4	Insider Trading
Mar 22, 2024	PRE 14A	PRE 14A
Mar 21, 2024	144	Notice of Insider Sale Intent
Mar 21, 2024	4	Insider Trading
Mar 20, 2024	144	Notice of Insider Sale Intent
Mar 19, 2024	144	Notice of Insider Sale Intent
Mar 18, 2024	4	Insider Trading
Mar 15, 2024	144	Notice of Insider Sale Intent

Peers (Alternatives to Southern First Bancshares Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	535.2B	171.1B	-5.35%	31.97%	10.8	3.13	60.72%	31.52%
BAC	291.1B	130.3B	0.60%	23.65%	10.98	2.23	79.51%	-3.68%
WFC	216.0B	85.7B	5.36%	44.88%	11.28	2.52	41.49%	39.96%
C	113.1B	133.3B	-1.61%	19.76%	12.25	0.85	79.09%	-
CFG	15.6B	10.2B	-2.44%	16.96%	9.7	1.53	44.53%	-22.43%
KEY	13.7B	7.9B	-2.66%	21.59%	14.14	1.72	46.47%	-49.56%
MID-CAP
CMA	6.8B	4.2B	-0.35%	12.62%	7.76	1.64	56.25%	-23.46%
ZION	5.9B	3.9B	-3.44%	28.21%	8.69	1.5	45.91%	-25.03%
ABCB	3.2B	1.3B	-2.65%	33.98%	11.87	2.5	43.24%	-22.35%
ASB	3.1B	2.0B	-1.20%	13.72%	16.97	1.59	70.97%	-50.03%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	409.6M	164.9M	-5.29%	32.50%	35.02	2.48	42.66%	-70.76%
AROW	377.2M	162.6M	-6.69%	-0.22%	12.54	2.32	25.39%	-38.37%
ACNB	276.3M	96.6M	-11.56%	-1.79%	8.72	2.86	11.02%	-11.37%
ASRV	47.0M	60.9M	2.66%	-13.74%	-14.04	0.77	24.06%	-144.92%

Southern First Bancshares Inc News

Latest updates

Southern First Bancshares Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3
Revenue	-100.0%	-	47.00	43.00	38.00	35.00	31.00	27.00	24.00	24.00	23.00	23.00	-	23.00	24.00	24.00	24.00	24.00	23.00	22.00	21.00	20.00
EBITDA Margin	-9.4%	0.59*	0.65*	0.81*	0.99*	1.19*	1.34*	1.47*	1.61*	1.77*	1.85*	1.69*	-	-	-	-	-	-	-	-	-	-
Interest Expenses	-1.5%	19.00	19.00	19.00	20.00	24.00	25.00	25.00	23.00	23.00	21.00	21.00	21.00	21.00	20.00	18.00	18.00	17.00	17.00	16.00	16.00	16.00
Income Taxes	-2.1%	1.00	1.00	1.00	1.00	2.00	3.00	2.00	2.00	4.00	3.00	3.00	3.00	1.00	1.00	1.00	2.00	2.00	2.00	2.00	2.00	2.00
Earnings Before Taxes	0.8%	5.00	5.00	3.00	4.00	7.00	11.00	10.00	10.00	16.00	13.00	13.00	11.00	3.00	6.00	4.00	9.00	10.00	9.00	8.00	7.00	7.00
EBT Margin	-16.3%	0.10*	0.12*	0.17*	0.24*	0.32*	0.43*	0.53*	0.62*	0.71*	0.59*	0.48*	-	-	-	-	-	-	-	-	-	-
Net Income	1.7%	4.00	4.00	2.00	3.00	5.00	8.00	7.00	8.00	12.00	10.00	10.00	9.00	2.00	5.00	3.00	7.00	7.00	7.00	6.00	6.00	6.00
Net Income Margin	-16.2%	0.08*	0.09*	0.13*	0.18*	0.25*	0.33*	0.41*	0.47*	0.55*	0.46*	0.37*	-	-	-	-	-	-	-	-	-	-
Free Cashflow	-57.3%	7.00	16.00	-7.17	1.00	13.00	18.00	3.00	2.00	18.00	15.00	8.00	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	0.9%	4,056	4,020	4,002	3,938	3,692	3,440	3,288	3,073	2,926	2,784	2,650	2,580	2,483	2,479	2,482	2,372	2,267	2,202	2,116	2,014	1,901
Cash Equivalents	2.5%	156	152	205	-	171	161	182	149	167	129	154	155	101	163	238	141	128	135	117	117	73.00
Net PPE	-1.5%	94.00	96.00	97.00	98.00	99.00	100	97.00	95.00	92.00	78.00	69.00	62.00	60.00	61.00	61.00	59.00	58.00	55.00	48.00	47.00	32.00
Liabilities	0.7%	3,743	3,716	3,701	3,639	3,397	3,152	3,005	2,794	2,648	2,519	2,399	2,340	2,254	2,261	2,266	2,162	2,061	2,003	1,926	1,833	1,727
Shareholder's Equity	2.8%	312	304	302	299	295	288	283	279	278	266	252	240	228	219	216	210	206	198	190	181	174
Retained Earnings	2.1%	206	201	197	195	192	187	178	171	166	154	140	129	119	110	108	104	101	94.00	86.00	79.00	73.00
Additional Paid-In Capital	0.0%	122	122	121	121	119	118	118	117	114	114	113	111	109	108	108	108	106	105	104	104	103
Shares Outstanding	0.0%	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	186	-	-	-	328	-	-	-	381	-	-	-	201	-	-	-	273	-	-

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-57.5%	6,860	16,142	-6,586	1,237	13,467	22,465	6,506	7,867	28,265	15,963	23,272	10,569	23,878	-5,339	5,638	-3,558	19,405	-1,035	-12,965	12,904	7,359
Share Based Compensation	-9.8%	468	519	473	483	525	514	495	492	443	426	382	396	361	317	385	334	438	435	424	401	394
Cashflow From Investing	55.8%	-34,896	-78,885	-121,961	-142,833	-250,722	-185,330	-185,744	-170,787	-120,713	-163,528	-77,904	-48,482	-73,179	-62,593	-6,537	-88,461	-88,370	-49,554	-83,767	-53,892	-64,720
Cashflow From Financing	216.1%	31,814	10,065	61,412	242,927	247,523	141,381	212,112	144,927	131,124	122,301	53,084	92,571	-12,927	-7,559	98,193	105,315	62,258	68,328	96,210	85,421	40,243

SFST Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	12 Months Ended
CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Interest income
Loans	$ 166,137	$ 114,233	$ 91,599
Investment securities	4,463	1,990	1,335
Federal funds sold and interest-bearing deposits with banks	6,998	1,439	233
Total interest income	177,598	117,662	93,167
Interest expense
Deposits	91,373	18,102	3,909
Borrowings	8,571	1,939	1,526
Total interest expense	99,944	20,041	5,435
Net interest income	77,654	97,621	87,732
Provision for (reversal of) credit losses	1,260	6,155	(12,400)
Net interest income after provision for credit losses	76,394	91,466	100,132
Noninterest income
Mortgage banking income	4,036	4,198	11,376
Service fees on deposit accounts	1,382	1,265	1,174
ATM and debit card income	2,245	2,163	2,037
Income from bank owned life insurance	1,379	1,289	1,231
Net lender fees on PPP loan sale			268
Gain (loss) on disposal of fixed assets		(394)	10
Gain (loss) on sale of securities		12	(3)
Other income	818	1,047	1,008
Total noninterest income	9,860	9,580	17,101
Noninterest expenses
Compensation and benefits	40,275	38,790	36,103
Occupancy	10,255	9,105	6,956
Other real estate owned expenses, net			385
Outside service and data processing costs	7,078	6,112	5,468
Insurance	3,766	1,686	1,149
Professional fees	2,496	2,635	2,589
Marketing	1,357	1,216	905
Other	3,600	3,389	2,875
Total noninterest expenses	68,827	62,933	56,430
Income before income tax expense	17,427	38,113	60,803
Income tax expense	4,001	8,998	14,092
Net income available to common shareholders	$ 13,426	$ 29,115	$ 46,711
Earnings per common share
Basic	$ 1.67	$ 3.66	$ 5.96
Diluted	$ 1.66	$ 3.61	$ 5.85
Weighted average common shares outstanding
Basic	8,046,633	7,958,294	7,843,692
Diluted	8,078,454	8,071,690	7,988,980

SFST Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Cash and cash equivalents:
Cash and due from banks	$ 28,020	$ 18,788
Federal funds sold	119,349	101,277
Interest-bearing deposits with banks	8,801	50,809
Total cash and cash equivalents	156,170	170,874
Investment securities:
Investment securities available for sale	134,702	93,347
Other investments	19,939	10,833
Total investment securities	154,641	104,180
Mortgage loans held for sale	7,194	3,917
Loans	3,602,627	3,273,363
Less allowance for credit losses	(40,682)	(38,639)
Loans, net	3,561,945	3,234,724
Bank owned life insurance	52,501	51,122
Property and equipment, net	94,301	99,183
Deferred income taxes, net	12,200	12,522
Other assets	16,837	15,459
Total assets	4,055,789	3,691,981
LIABILITIES
Deposits	3,379,564	3,133,864
Federal Home Loan Bank advances and other borrowings	275,000	175,000
Subordinated debentures	36,322	36,214
Other liabilities	52,436	52,391
Total liabilities	3,743,322	3,397,469
SHAREHOLDERS’ EQUITY
Preferred stock, par value $.01 per share, 10,000,000 shares authorized
Common stock, par value $.01 per share, 10,000,000 shares authorized, 8,088,186 and 8,011,045 shares issued and outstanding at December 31, 2023 and 2022, respectively	81	80
Nonvested restricted stock	(3,596)	(3,306)
Additional paid-in capital	121,777	119,027
Accumulated other comprehensive loss	(11,342)	(13,410)
Retained earnings	205,547	192,121
Total shareholders’ equity	312,467	294,512
Total liabilities and shareholders’ equity	$ 4,055,789	$ 3,691,981

About Southern First Bancshares Inc

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 provides 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.

CEO	Mr. R. Arthur Seaver Jr.
WEBSITE	southernfirst.com
INDUSTRY	Banks Diversified
EMPLOYEES	293

Southern First Bancshares Inc Frequently Asked Questions

What is the ticker symbol for Southern First Bancshares Inc? What does SFST stand for in stocks?

SFST is the stock ticker symbol of Southern First Bancshares Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Southern First Bancshares Inc (SFST)?

As of Fri Apr 19 2024, market cap of Southern First Bancshares Inc is 236.53 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SFST stock?

You can check SFST's fair value in chart for subscribers.

What is the fair value of SFST stock?

You can check SFST's fair value in chart for subscribers. The fair value of Southern First Bancshares Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Southern First Bancshares Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SFST so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Southern First Bancshares Inc a good stock to buy?

The fair value guage provides a quick view whether SFST is over valued or under valued. Whether Southern First Bancshares Inc is cheap or expensive depends on the assumptions which impact Southern First Bancshares Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SFST.

What is Southern First Bancshares Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 19 2024, SFST's PE ratio (Price to Earnings) is 17.62 and Price to Sales (PS) ratio is 1.23. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SFST PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Southern First Bancshares Inc's stock?

In the past 10 years, Southern First Bancshares Inc has provided 0.078 (multiply by 100 for percentage) rate of return.