Southern First Bancshares Past Earnings Performance
Past criteria checks 1/6
Southern First Bancshares's earnings have been declining at an average annual rate of -9%, while the Banks industry saw earnings growing at 7% annually. Revenues have been growing at an average rate of 2.8% per year. Southern First Bancshares's return on equity is 4.3%, and it has net margins of 15.6%.
Key information
-9.0%
Earnings growth rate
-10.2%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 2.8% |
| Return on equity | 4.3% |
| Net Margin | 15.6% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Southern First Bancshares names new president
Aug 23Southern First Bancshares Could Become Interesting At A Slightly Lower Share Price
Apr 21Should You Be Adding Southern First Bancshares (NASDAQ:SFST) To Your Watchlist Today?
Nov 08
This Insider Has Just Sold Shares In Southern First Bancshares, Inc. (NASDAQ:SFST)
Mar 04Have Southern First Bancshares, Inc. (NASDAQ:SFST) Insiders Been Selling Their Stock?
Feb 07Is Southern First Bancshares, Inc. (NASDAQ:SFST) Popular Amongst Insiders?
Jan 19A Quick Analysis On Southern First Bancshares' (NASDAQ:SFST) CEO Compensation
Dec 14Revenue & Expenses Breakdown
How Southern First Bancshares makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 90 | 14 | 64 | 0 |
| 30 Jun 24 | 89 | 14 | 63 | 0 |
| 31 Mar 24 | 87 | 13 | 62 | 0 |
| 31 Dec 23 | 86 | 13 | 61 | 0 |
| 30 Sep 23 | 87 | 15 | 61 | 0 |
| 30 Jun 23 | 92 | 19 | 61 | 0 |
| 31 Mar 23 | 97 | 24 | 60 | 0 |
| 31 Dec 22 | 101 | 29 | 58 | 0 |
| 30 Sep 22 | 108 | 36 | 57 | 0 |
| 30 Jun 22 | 113 | 41 | 55 | 0 |
| 31 Mar 22 | 115 | 44 | 56 | 0 |
| 31 Dec 21 | 117 | 47 | 52 | 0 |
| 30 Sep 21 | 113 | 43 | 49 | 0 |
| 30 Jun 21 | 97 | 32 | 45 | 0 |
| 31 Mar 21 | 89 | 26 | 40 | 0 |
| 31 Dec 20 | 78 | 18 | 49 | 0 |
| 30 Sep 20 | 73 | 17 | 33 | 0 |
| 30 Jun 20 | 77 | 22 | 34 | 0 |
| 31 Mar 20 | 79 | 25 | 35 | 0 |
| 31 Dec 19 | 81 | 28 | 35 | 0 |
| 30 Sep 19 | 78 | 26 | 41 | 0 |
| 30 Jun 19 | 74 | 25 | 39 | 0 |
| 31 Mar 19 | 71 | 23 | 38 | 0 |
| 31 Dec 18 | 68 | 22 | 32 | 0 |
| 30 Sep 18 | 66 | 19 | 34 | 0 |
| 30 Jun 18 | 64 | 17 | 33 | 0 |
| 31 Mar 18 | 61 | 15 | 32 | 0 |
| 31 Dec 17 | 58 | 13 | 31 | 0 |
| 30 Sep 17 | 56 | 14 | 30 | 0 |
| 30 Jun 17 | 54 | 13 | 29 | 0 |
| 31 Mar 17 | 52 | 13 | 28 | 0 |
| 31 Dec 16 | 52 | 13 | 27 | 0 |
| 30 Sep 16 | 50 | 13 | 27 | 0 |
| 30 Jun 16 | 48 | 12 | 26 | 0 |
| 31 Mar 16 | 45 | 11 | 25 | 0 |
| 31 Dec 15 | 44 | 10 | 25 | 0 |
| 30 Sep 15 | 42 | 9 | 24 | 0 |
| 30 Jun 15 | 40 | 8 | 23 | 0 |
| 31 Mar 15 | 38 | 7 | 22 | 0 |
| 31 Dec 14 | 35 | 6 | 21 | 0 |
| 30 Sep 14 | 33 | 5 | 21 | 0 |
| 30 Jun 14 | 32 | 5 | 21 | 0 |
| 31 Mar 14 | 30 | 5 | 20 | 0 |
| 31 Dec 13 | 29 | 4 | 19 | 0 |
Quality Earnings: SFST has high quality earnings.
Growing Profit Margin: SFST's current net profit margins (15.6%) are lower than last year (16.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SFST's earnings have declined by 9% per year over the past 5 years.
Accelerating Growth: SFST's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SFST had negative earnings growth (-4.6%) over the past year, making it difficult to compare to the Banks industry average (-11.8%).
Return on Equity
High ROE: SFST's Return on Equity (4.3%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 10:01 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Southern First Bancshares, Inc. is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christopher Marinac | FIG Partners |
| Christopher Marinac | Janney Montgomery Scott LLC |
| Jefferson Harralson | Keefe, Bruyette, & Woods |