Southern First Bancshares Q2 2024 Earnings Report

Southern First Bancshares EPS Results

• Actual EPS: $0.37
• Consensus EPS: $0.29
• Beat/Miss: Beat by +$0.08
• One Year Ago EPS: N/A

Southern First Bancshares Revenue Results

• Actual Revenue: $54.07 million
• Expected Revenue: $22.13 million
• Beat/Miss: Beat by +$31.94 million
• YoY Revenue Growth: N/A

Southern First Bancshares Announcement Details

• Quarter: Q2 2024
• Date: 7/18/2024
• Time: TAS
• Conference Call Date: Thursday, July 18, 2024
• Conference Call Time: 7:00AM ET

Southern First Bancshares (NASDAQ:SFST) is the bank holding company for Southern First Bank, a community-oriented financial institution headquartered in Greenville, South Carolina. Through its wholly owned subsidiary, the company delivers a full spectrum of commercial and consumer banking services designed to meet the needs of small and midsize businesses, professionals, and individual customers. Southern First Bancshares operates under a relationship-driven model, emphasizing personalized service and local decision–making.

The company’s core offerings include deposit products such as checking, savings, money market accounts and certificates of deposit, alongside an array of lending solutions covering commercial real estate, construction, equipment financing and small business administration (SBA) loans. In addition to traditional banking services, Southern First Bancshares provides residential mortgage lending, cash management, treasury services and digital banking platforms that enable online account management, mobile deposits and real-time payments.

With a branch network focused primarily across Upstate South Carolina—and select markets in neighboring North Carolina and Georgia—Southern First Bancshares leverages its regional footprint to support local economic growth. The bank’s leadership team comprises experienced banking executives and community business leaders who guide strategy, risk management and client engagement initiatives. Through ongoing investment in technology and community outreach, Southern First Bancshares aims to strengthen its position as a trusted financial partner for businesses and individuals across the Southeastern region.