SFST|EPS $1.19|Rev $33.8M|Net Income $9.9MSouthern First Bancshares, Inc. (NASDAQ: SFST) posted robust first-quarter results, with diluted earnings of $1.19 per share surging 83.1% from $0.65 in the year-ago period. The Greenville, South Carolina-based bank holding company reported revenue of $33.8M for the quarter, up 27.6% from $26.5M in Q1 2025.
Net income rose sharply to $9.9M in Q1 as the regional bank benefited from improved lending activity and rate environment tailwinds. Net interest income, a key profitability measure for banks, reached $30.3M for the quarter. The company’s loan portfolio stood at $3.94 billion at quarter-end, reflecting its continued presence in the Carolinas and northern Georgia markets.
The earnings growth comes even as community and regional banks navigate a complex operating environment marked by shifting interest rate expectations and competitive pressures for deposits. Southern First has carved out a niche serving small and mid-sized businesses, professional practices, and commercial real estate developers across its footprint.
Wall Street maintains a positive stance on the stock, with analyst consensus standing at 4 Buy ratings, 1 Hold, and zero Sell recommendations. The strong year-over-year comparisons underscore the bank’s ability to expand both its top and bottom lines during a period when many regional institutions face margin compression and credit quality concerns.
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