MARKETS / NASDAQ / SFST

NASDAQ · NATIONAL COMMERCIAL BANKS · MID CAP

Southern First Bancshares Inc. SFST

17 fiscal years on record · USD · FY2025 reported · SEC filings only

Revenue

$6.3M

▲ 13.0% YoY

Net income

$30.4M

▲ 95.5% YoY

Free cash flow

$29.9M

▲ 20.6% YoY

In brief

What this company does

Our primary business is to serve as the holding company for Southern First Bank (the “Bank”), a South Carolina state bank. The Bank is a commercial bank with eight retail offices located in the Greenville, Columbia, and Charleston markets of South Carolina, three retail offices in the Raleigh, Greensboro, and Charlotte markets of North Carolina and one retail office in Atlanta, Georgia. Unless the context requires otherwise, references to the “Company,” “we,” “us,” “our,” or similar references mean Southern First Bancshares, Inc. and its subsidiaries. At December 31, 2025, we employed a total of 315 full-time equivalent employees. Our employees are not represented by a collective bargaining agreement.

Written from the business description in Southern First Bancshares, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 24 February 2026. Every sentence was checked against that document before publication.

Growth

USD 6.3M

Revenue, FY2025 · full 17-year series below

Revenue $M Net income $M

FY2025 · Revenue 6.3 · Net income 30.4

Compound annual growth

Revenue

+14.4%

−20.5%

Net income

+1.4%

+10.6%

+11.6%

+26.5%

EPS, diluted

+1.0%

+9.7%

+9.1%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at −20.5% a year over five years — but profit grew faster: net income at +10.6%, earnings per share at +9.7%.

The share count rose from 0.01B to 0.01B over the period.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

483 cents

of every revenue dollar became profit

Operating margin Net margin

FY2025 · Operating 630.5% · Net 483.4%

ROE

FY2025 · ROE 8.7%

Gross margin—

Operating margin630.5%

Net margin483.4%

Return on assets0.7%

EBITDAUSD 43.9M

Each USD of equity produced 9 cents of profit this year.

Cash & shareholders

—

returned in FY2025 · dividends + net buybacks

Free cash flow $M

FY2025 · FCF 29.9

Total assetsUSD 4.4B

EquityUSD 368.7M

CashUSD 269.6M

DepositsUSD 3.7B

Equity funds 8% of total assets.

The 17-year record

17 fiscal years

Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Revenue $B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	·	·	·	·	·	·	·
Operating income $B	0.0	0.0	0.0	0.0	0.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
EBITDA $B	0.0	0.0	0.0	0.0	0.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Income tax $B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Net income $B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Free cash flow $B	0.0	0.0	0.0	0.0	0.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	−0.0
EPS, diluted $	3.72	1.91	1.66	3.61	5.85	2.34	3.58	2.88	1.76	1.94	1.55	1.10	0.98	0.64	0.22	−0.06	0.07
Dividend / sh $	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·
Payout %	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·
ROE %	8.7	4.8	4.4	10.2	18.5	8.4	14.7	13.8	10.1	12.8	11.5	8.9	7.9	6.1	3.4	1.5	2.4
Shares out B	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.00	0.00	0.00	0.00	·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance

Company facts, as filed

How we verify · 1 failures in 50 reconciliationsAUDITED

Reconciled in 16 of 19 fiscal years. 7 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente1 failures

ActivityNational Commercial Banks

Listed onNASDAQ

Incorporated inSouth Carolina

Fiscal year endsDecember 31

Data on record since2009