Southern First Bancshares Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Interest Income	111.83	104.95	81.22	77.65	97.62	87.73
Net Interest Income Growth	30.09%	29.22%	4.59%	-20.45%	11.27%	9.93%
Non-Interest Income	13.57	13.14	12.14	9.86	9.58	17.1
Non-Interest Income Growth	7.98%	8.21%	23.13%	2.92%	-43.98%	-37.48%
Revenues Before Loan Losses	125.39	118.09	93.36	87.51	107.2	104.83
Provision for Credit Losses	3.5	2.95	0.13	1.26	6.16	-12.4
Revenue	121.89	115.14	93.24	86.25	101.05	117.23
Revenue Growth (YoY)	25.05%	23.49%	8.10%	-14.64%	-13.81%	51.15%
Compensation Expenses	45.48	44.81	43.55	40.28	38.79	36.1
Selling, General & Admin	26.62	26.37	25.87	24.95	20.75	17.07
Other Non-Interest Expenses	4.62	4.36	3.91	3.6	3.39	3.26
Total Non-Interest Expense	76.71	75.53	73.33	68.83	62.93	56.43
Pretax Income	45.18	39.61	19.91	17.43	38.11	60.8
Provision for Income Taxes	10.19	9.24	4.38	4	9	14.09
Net Income	34.99	30.37	15.53	13.43	29.12	46.71
Net Income to Common	34.99	30.37	15.53	13.43	29.12	46.71
Net Income Growth	91.46%	95.53%	15.67%	-53.89%	-37.67%	154.86%
Shares Outstanding (Basic)	8	8	8	8	8	8
Shares Outstanding (Diluted)	8	8	8	8	8	8
Shares Change (YoY)	1.18%	0.53%	0.48%	0.08%	1.03%	2.11%
EPS (Basic)	4.31	3.75	1.92	1.67	3.66	5.96
EPS (Diluted)	4.26	3.72	1.91	1.66	3.61	5.85
EPS Growth	88.50%	94.76%	15.06%	-54.02%	-38.29%	150.00%
Shares Outstanding	8.23	8.21	8.16	8.09	8.01	7.93
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	28.70%	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	22.56%	23.33%	22.01%	22.96%	23.61%	23.18%

Updated Apr 21, 2026. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q