Southern First Bancshares, Inc. (SFST)

Southern First Bancshares Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Interest Income	104.95	81.22	77.65	97.62	87.73
Net Interest Income Growth	29.22%	4.59%	-20.45%	11.27%	9.93%
Non-Interest Income	13.14	12.14	9.86	9.58	17.1
Non-Interest Income Growth	8.21%	23.13%	2.92%	-43.98%	-37.48%
Revenues Before Loan Losses	118.09	93.36	87.51	107.2	104.83
Provision for Credit Losses	2.95	0.13	1.26	6.16	-12.4
Revenue	115.14	93.24	86.25	101.05	117.23
Revenue Growth (YoY)	23.49%	8.10%	-14.64%	-13.81%	51.15%
Compensation Expenses	44.81	43.55	40.28	38.79	36.1
Selling, General & Admin	26.37	25.87	24.95	20.75	17.07
Other Non-Interest Expenses	4.36	3.91	3.6	3.39	3.26
Total Non-Interest Expense	75.53	73.33	68.83	62.93	56.43
Pretax Income	39.61	19.91	17.43	38.11	60.8
Provision for Income Taxes	9.24	4.38	4	9	14.09
Net Income	30.37	15.53	13.43	29.12	46.71
Net Income to Common	30.37	15.53	13.43	29.12	46.71
Net Income Growth	95.53%	15.67%	-53.89%	-37.67%	154.86%
Shares Outstanding (Basic)	8	8	8	8	8
Shares Outstanding (Diluted)	8	8	8	8	8
Shares Change (YoY)	0.53%	0.48%	0.08%	1.03%	2.11%
EPS (Basic)	3.75	1.92	1.67	3.66	5.96
EPS (Diluted)	3.72	1.91	1.66	3.61	5.85
EPS Growth	94.76%	15.06%	-54.02%	-38.29%	150.00%
Free Cash Flow	29.88	24.77	16.41	36.36	51.56
Free Cash Flow Growth	20.60%	50.95%	-54.86%	-29.49%	286.42%
Free Cash Flow Per Share	3.66	3.05	2.03	4.50	6.45
Profit Margin	26.37%	16.66%	15.57%	28.81%	39.84%
FCF Margin	25.95%	26.57%	19.03%	35.98%	43.98%
EBITDA	4.31	4.81	4.82	3.7	2.32
EBITDA Margin	3.74%	5.16%	5.58%	3.66%	1.98%
Effective Tax Rate	23.33%	22.01%	22.96%	23.61%	23.18%

Updated Jan 22, 2026. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q