Southern First Bancshares Bolsa (NASDAQ: SFST)

Southern First Bancshares (NASDAQ:SFST) Bolsa

Southern First Bancshares

Southern First Bancshares Inc is a bank holding company. The company engaged in the business of accepting demand deposits and savings deposits insured by the Federal Deposit Insurance Corporation (the FDIC), and providing commercial, consumer and mortgage loans to the general public of which a majority of the revenue is derived from the Commercial and Retail Banking segment which includes the provision of traditional deposit and lending products and services to its commercial and retail banking clients.

Southern First Bancshares, Inc. - Common Stock

Southern First Bancshares Inc

Southern First Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SFST#NASDAQ">SFST</a>) reported quarterly earnings of $0.65 per share which beat the analyst consensus estimate of $0.61 by 6.56 percent. This is a 109.68 percent increase over earnings of $0.31 per share from the same period last year. The company reported quarterly sales of $23.383 million which beat the analyst consensus estimate of $22.680 million by 3.10 percent. This is a 25.41 percent increase over sales of $18.645 million the same period last year.

Earnings

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News

SFST

Southern First Bancshares Q1 2025 GAAP EPS $0.65 Beats $0.61 Estimate, Sales $23.383M Beat $22.680M Estimate

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Shares of banking-related companies are trading higher after Donald Trump won the US presidential election.

Southern First Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SFST#NASDAQ">SFST</a>) reported quarterly earnings of $0.54 per share which beat the analyst consensus estimate of $0.38 by 42.11 percent. The company reported quarterly sales of $20.59 million which missed the analyst consensus estimate of $20.81 million by 1.05 percent. This is a 6.44 percent increase over sales of $19.34 million the same period last year.

Earnings Misses

Southern First Bancshares Q3 2024 GAAP EPS $0.54 Beats $0.38 Estimate, Sales $20.59M Miss $20.81M Estimate

Southern First&nbsp;Bancshares, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SFST#NASDAQ">SFST</a>), holding company for Southern First Bank, is pleased to announce the appointment of&nbsp;Chris Zych&nbsp;as Chief Financial Officer and Executive Vice President.
Zych joins Southern First with 30 years of experience in the banking industry, most recently serving as Director of Corporate Development and Investor Relations at United Community Bank for the last decade. Zych is a highly accomplished leader with a proven track record of financial management and analysis, formulation and execution of corporate and financial strategy, and investor relations management. Zych holds a Master of Business Administration from&nbsp;Wake Forest University&nbsp;School of Business and a bachelor&#39;s degree in finance from Bentley University.
&quot;Chris will be an asset to our bank with his rich history in developing investor relationships and will help us tell the unique story of Southern First&#39;s organic growth and consistent performance,&quot; said&nbsp;Art Seaver, Chief Executive Officer.
&quot;I am excited and honored to join a top community bank, focused on improving the lives of clients and making a significant, positive impact in the community. Its local markets are some of the very best, and I believe Southern First will have endless opportunities to grow and thrive over the next many years. I am eager to work alongside this great team as we drive its performance and continued success,&quot; commented Zych.

Management

Southern First Bancshares Taps Chris Zych of United Community Bank as CFO

Southern First Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SFST#NASDAQ">SFST</a>) reported quarterly earnings of $0.31 per share which missed the analyst consensus estimate of $0.34 by 8.82 percent. This is a 6.06 percent decrease over earnings of $0.33 per share from the same period last year. The company reported quarterly sales of $18.64 million which missed the analyst consensus estimate of $22.26 million by 16.24 percent. This is a 8.71 percent decrease over sales of $20.42 million the same period last year.

Southern First Bancshares Q1 EPS $0.31 Misses $0.34 Estimate, Sales $18.64M Miss $22.26M Estimate

Southern First Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SFST#NASDAQ">SFST</a>) reported quarterly earnings of $0.51 per share which beat the analyst consensus estimate of $0.38 by 34.21 percent. This is a 25 percent decrease over earnings of $0.68 per share from the same period last year. The company reported quarterly sales of $19.06 million which missed the analyst consensus estimate of $20.52 million by 7.12 percent. This is a 20.98 percent decrease over sales of $24.12 million the same period last year.

Southern First Bancshares Q4 EPS $0.51 Beats $0.38 Estimate, Sales $19.06M Miss $20.52M Estimate

Piper Sandler upgraded its rating of Southern First Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SFST#NASDAQ">SFST</a>) to Overweight with a price target of $44.00, changing its price target from $34.00 to $44.00.
Shares of Southern First Bancshares are trading up 0.19% over the last 24 hours, at $36.89 per share.
A move to $44.00 would account for a 19.27% increase from the current share price.
<h3>About Southern First Bancshares</h3>
Southern First Bancshares Inc is a bank holding company. The primary business of the company is to serve as the holding company for Southern First Bank. The Bank is engaged in the business of accepting demand deposits and savings deposits insured by the Federal Deposit Insurance Corp and providing commercial, consumer, and mortgage loans to the general public. The operating segments of the company are Commercial and Retail Banking, Mortgage Banking, and Corporate Operations, of which a majority of the revenue is derived from the Commercial and Retail Banking segment which includes the provision of traditional deposit and lending products and services to its commercial and retail banking clients.
<h3>About Analyst Ratings</h3>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along with analyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

What To Know About Piper Sandler's Upgrade of Southern First Bancshares

Piper Sandler analyst Casey Orr Whitman upgrades Southern First Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SFST#NASDAQ">SFST</a>) from Neutral to Overweight and raises the price target from $34 to $44.

Upgrades

Price Target

Piper Sandler Upgrades Southern First Bancshares to Overweight, Raises Price Target to $44

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