Southern First Bancshares Inc

Company Profile

Southern First Bancshares Inc had its IPO on 1999-10-28 under the ticker symbol SFST.

The company operates in the Financial Services sector and Banks-Regional industry. Southern First Bancshares Inc has a staff strength of 293 employees.

Stock update

Shares of Southern First Bancshares Inc opened at $27.55 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $27.52 - $27.85, and closed at $27.56.

This is a -0.76% slip from the previous day's closing price.

A total volume of 9,757 shares were traded at the close of the day’s session.

In the last one week, shares of Southern First Bancshares Inc have slipped by -5.19%.

Southern First Bancshares Inc's Key Ratios

Southern First Bancshares Inc has a market cap of $224.28 million, indicating a price to book ratio of 1.3111 and a price to sales ratio of 3.2852.

In the last 12-months Southern First Bancshares Inc’s revenue was $91.98 million with a gross profit of $101.05 million and an EBITDA of $0. The EBITDA ratio measures Southern First Bancshares Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Southern First Bancshares Inc’s operating margin was 30.08% while its return on assets stood at 0.52% with a return of equity of 6.53%.

In Q2, Southern First Bancshares Inc’s quarterly earnings growth was a negative -66.1% while revenue growth was a negative 18.6%.

Southern First Bancshares Inc’s PE and PEG Ratio

Forward PE

9.9108

Trailing PE

11.5708

PEG

2.31

Its diluted EPS in the last 12-months stands at $2.4 per share while it has a forward price to earnings multiple of 9.9108 and a PEG multiple of 2.31. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Southern First Bancshares Inc’s profitability.

Southern First Bancshares Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 3.2852.

Southern First Bancshares Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$4.00 billion

Total Liabilities

$3.61 billion

Operating Cash Flow

$-121961000.00

Capital Expenditure

$587000

Dividend Payout Ratio

0%

Southern First Bancshares Inc ended 2024 with $4.00 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $4.00 billion while shareholder equity stood at $301.51 million.

Southern First Bancshares Inc ended 2024 with $0 in deferred long-term liabilities, $3.61 billion in other current liabilities, 81000.00 in common stock, $197.28 million in retained earnings and $0 in goodwill. Its cash balance stood at $34.93 million and cash and short-term investments were $126.47 million. The company’s total short-term debt was $0 while long-term debt stood at $216.27 million.

Southern First Bancshares Inc’s total current assets stands at $126.47 million while long-term investments were $104.10 million and short-term investments were $91.55 million. Its net receivables were $0 compared to accounts payable of $180.00 million and inventory worth $0.

In 2024, Southern First Bancshares Inc's operating cash flow was $-121961000.00 while its capital expenditure stood at $587000.

Comparatively, Southern First Bancshares Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$27.56

52-Week High

$49.96

52-Week Low

$20.75

Analyst Target Price

$28.83

Southern First Bancshares Inc stock is currently trading at $27.56 per share. It touched a 52-week high of $49.96 and a 52-week low of $49.96. Analysts tracking the stock have a 12-month average target price of $28.83.

Its 50-day moving average was $27.97 and 200-day moving average was $33.35 The short ratio stood at 5.93 indicating a short percent outstanding of 0%.

Around 636.6% of the company’s stock are held by insiders while 8119.5% are held by institutions.