Southern First Bancshares (SFST) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Southern First Bancshares

NasdaqGM•Financial Services•Banks - Regional

$63.68+0.79(0.01%)Market closed

Market Cap

$576.89M

P/E

14.6x

P/S

2.4x

P/B

1.3x

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. Its loan portfolio comprises commercial real estate loans; construction real estate loans; commercial business loans for various lines of businesses, such as the manufacturing, service industry, and professional service areas; consumer real estate and home equity loans; and other consumer loans, including secured and unsecured installment loans and revolving lines of credit. In addition, the company offers other bank services, such as internet banking, cash management, safe deposit boxes, direct deposit, automatic drafts, bill payment, and mobile banking services. The company was incorporated in 1999 and is headquartered in Greenville, South Carolina.

How this company scores

WeakMetricSide Score: 66/100

Grade capped at D — Interest coverage below 1× (0.6x) — earnings cannot cover interest. Strongest: Profitability (21/25); weakest: Balance Sheet & Red Flags (11/25).

Profitability21/25

Growth18/25

Balance Sheet & Red Flags11/25

Cash & Earnings Quality16/25

Strengths

Strong marginsRising earningsCash-backed earningsProfit converts from growth

Grade capped at D

Interest coverage below 1× (0.6x) — earnings cannot cover interest.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 14.6x5y range 8.3x – 22.3x

Currently near its 20-quarter median.

P/S · 2.4x5y range 1.1x – 4.5x

Currently above its 20-quarter median.

P/B · 1.3x5y range 0.7x – 1.8x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Leverage Risk

Watch

Debt-to-equity has risen 677.3% recently — increasing financial risk even if the current ratio is manageable.

Cash Burn

Watch

FCF turned negative in 2 of the last 8 quarters — occasional cash consumption.

Price & Volume

Market Cap $576.89M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $236.00M
Q. Revenue: $61.64M
TTM EBITDA: $57.11M
TTM Op. Income: $51.05M
Q. Op. Income: $14.46M
TTM Net Income: $39.60M
Q. Net Income: $11.20M
EPS: $1.22
Shares Out.: $9.18M

$236.00M in TTM revenue grew 8.9% YoY, reaching $61.64M last quarter. TTM EBITDA of $57.11M and TTM operating income of $51.05M show growth is flowing through to the bottom line. TTM net income of $39.60M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 58.2%
EBITDA Margin: 25.0%
Op. Margin: 23.5%
Net Margin: 18.2%

Op. margin of 23.5% is up 8.0% YoY — cost efficiency is improving. Net margin at 18.2% and gross margin of 58.2% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 52% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 14.6x
P/S Ratio: 2.4x
P/B Ratio: 1.3x

At 14.6x P/E, the stock trades below typical market levels. P/S of 2.4x and P/B of 1.3x provide additional context. P/E sits below typical market levels while revenue is growing. Over the past year, P/E is up 3% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $4.70B
Cash: $361.63M
Long-Term Debt: $253.40M
Book Value: $452.27M
D/E Ratio: 0.6
Debt/EBITDA: 16.4

With $4.70B in assets and $253.40M in long-term debt, D/E is 0.6and book value is $452.27M — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 2 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $18.05M
TTM Free Cash Flow: $39.26M
FCF Margin: 16.6%
FCF / Net Income: 1.0

TTM FCF of $39.26M on $18.05M in operating cash flow. The FCF / Net Income ratio of 1.0x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 2 consecutive quarters — an improving trend.