Southern First Bancshares (SFST) Projected to Post Quarterly Earnings on Thursday

Southern First Bancshares (NASDAQ:SFST - Get Free Report) is anticipated to issue its Q2 2025 quarterly earnings data before the market opens on Thursday, July 17th. Analysts expect the company to announce earnings of $0.65 per share and revenue of $26.80 million for the quarter.

Southern First Bancshares (NASDAQ:SFST - Get Free Report) last announced its earnings results on Tuesday, April 22nd. The bank reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.04. The business had revenue of $26.50 million for the quarter, compared to analysts' expectations of $26.56 million. Southern First Bancshares had a return on equity of 5.57% and a net margin of 8.50%. On average, analysts expect Southern First Bancshares to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Southern First Bancshares Stock Up 0.4%

Shares of NASDAQ SFST opened at $39.74 on Thursday. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.78. The stock has a market capitalization of $324.68 million, a PE ratio of 17.58 and a beta of 0.77. The stock's fifty day simple moving average is $36.85 and its two-hundred day simple moving average is $35.53. Southern First Bancshares has a 12-month low of $27.65 and a 12-month high of $45.91.

Wall Street Analyst Weigh In

Separately, Piper Sandler raised Southern First Bancshares to a "strong-buy" rating and set a $43.00 price objective for the company in a research report on Tuesday, June 10th.

Insiders Place Their Bets

In other news, Director Leighton M. Cubbage sold 1,083 shares of the firm's stock in a transaction on Monday, June 23rd. The stock was sold at an average price of $35.72, for a total value of $38,684.76. Following the completion of the sale, the director owned 51,205 shares of the company's stock, valued at $1,829,042.60. This trade represents a 2.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director William Iv Maner acquired 700 shares of the stock in a transaction dated Wednesday, May 14th. The stock was acquired at an average cost of $36.15 per share, with a total value of $25,305.00. Following the transaction, the director directly owned 2,700 shares in the company, valued at approximately $97,605. This represents a 35.00% increase in their ownership of the stock. The disclosure for this purchase can be found here. 7.06% of the stock is owned by company insiders.

Hedge Funds Weigh In On Southern First Bancshares

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SFST. Royal Bank of Canada raised its stake in Southern First Bancshares by 2.6% in the 1st quarter. Royal Bank of Canada now owns 34,910 shares of the bank's stock worth $1,149,000 after acquiring an additional 890 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in Southern First Bancshares by 4.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 66,603 shares of the bank's stock worth $2,193,000 after acquiring an additional 3,074 shares during the last quarter. Empowered Funds LLC raised its stake in Southern First Bancshares by 23.4% in the 1st quarter. Empowered Funds LLC now owns 18,637 shares of the bank's stock worth $614,000 after acquiring an additional 3,532 shares during the last quarter. Finally, Jane Street Group LLC purchased a new position in Southern First Bancshares in the 1st quarter worth $303,000. Hedge funds and other institutional investors own 75.00% of the company's stock.

Southern First Bancshares Company Profile

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.

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