Feed / SFST

Southern First Bancshares, Inc.

SFST

Financial Services · 63.45 +1.9% today

Participation confirmed · construction unavailableMarket checked 10 Sept, 15:55 GMT-4

Market read

Southern First Bancshares, Inc.'s move is spreading beyond its market group.

No new filing conclusion is available. 21 of 22 group members are active now; 4 filing-linked outsiders are moving with the group, and 0 of 0 directly disclosed connections are confirming.

Company+1.9% todayVolume comparison unavailable
Market group21 of 22 activeRegional Banks · active
Disclosed network0 of 4 confirmingNo filing-linked name is confirming now
What would change this read
  • At least 15 of 22 members remain active in the next snapshot.
  • Capital-flow agreement rises above 55%.
  • SFBS remains aligned with the group in the next market snapshot.

Invalidation: The live read weakens if participation falls to 7 of 22 members or fewer.

Watch this read

Research brief

The story so far

Financial Services · Banks - Regional

No new filing conclusion is available. 21 of 22 group members are active now; 4 filing-linked outsiders are moving with the group, and 0 of 0 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • At least 15 of 22 members remain active in the next snapshot.
  • Capital-flow agreement rises above 55%.
  • SFBS remains aligned with the group in the next market snapshot.

Company research

Understand the business, not just the ticker

As of Sep 11, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations319
Usable filing statements74
Verified relationships0
Evidence supporting the case
  • Latest annual revenue changed +13.0% year over year.
  • Net margin changed +204.1 percentage points in the latest annual period.
Evidence challenging the case
  • Credit and interest rates has repeated adverse evidence across 4 filings.
Questions before a position
  • EV/sales is 211% above the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 10, 2026

63.45
6m+13.6%12m+39.9%24m—
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$11.4M-42.5%$5.85+2.1%
2022-12-31$4.2M-63.1%$3.61+1.0%
2023-12-31$4.0M-3.9%$1.66+0.1%
2024-12-31$5.6M+37.8%$1.91+0.5%
2025-12-31$6.3M+13.0%$3.72+0.5%

What management says matters

Persistent and emerging business drivers

Credit and interest ratesnegative · 4 filings
“The increase during 2026 was driven by a $5.0 million increase in interest income primarily due to an increase in average loan balances and higher yields on our loan portfolio, as well as a $1.9 million decrease in interest expense primarily due to lower rate…”
10-Q · May 1, 2026 ↗
Macroeconomic conditionsmixed · 1 filings
“The Company’s CECL allowances will fluctuate over time due to macroeconomic conditions and forecasts as well as the size and composition of the loan portfolios.”
10-K · Feb 24, 2026 ↗
Supply chain and availabilitynegative · 1 filings
“Mortgage banking income continues to be the largest component of our noninterest income at $1.6 million for the second quarter of 2025, a decrease of $354,000, or 18.4%, over the prior year which was driven by lower mortgage volume during the second quarter o…”
10-Q · Aug 1, 2025 ↗

Valuation discipline

Descriptive valuation snapshot

Price/sales 82.4× · EV/sales 82.4×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Scenarios are withheld for Financial Services until sector-specific earnings and capital metrics are available; generic revenue/P/S scaffolds would be misleading.

Price action

How the market is pricing the story

63.45+1.9% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for SFST. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for SFST. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind SFST

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Filing peers

SSBABCBAUB

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 4 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

SFST is currently a Participant in the organic co-movement group Regional Banks. This group is discovered from market behaviour rather than assigned from an industry taxonomy. No verified filing-linked names are available yet.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.