Southern First Bancshares, Inc. (SFST) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Net Interest Income | 30.26M | 28.74M | 27.53M | 25.3M | 23.38M | 22.46M | 20.59M | 19.53M | 18.64M | 19.06M | 19.34M | 18.82M | 20.42M | 24.12M | 25.45M | 24.88M | 23.16M | 22.86M | 22.17M | 21.43M |
| NII Growth % | 29.41% | 27.99% | 33.69% | 29.53% | 25.41% | 17.83% | 6.44% | 3.73% | -8.71% | -20.98% | -24% | -24.35% | -11.83% | 5.52% | 14.8% | 16.12% | 8.89% | 7.29% | 7.44% | 8.37% |
| Net Interest Margin % | 0.66% | 0.65% | 0.63% | 0.59% | 0.55% | 0.55% | 0.49% | 0.48% | 0.45% | 0.47% | 0.48% | 0.47% | 0.52% | 0.65% | 0.74% | 0.76% | 0.75% | 0.78% | 0.8% | 0.81% |
| Interest Income | 54.61M | 54.53M | 54.99M | 52.32M | 49.65M | 51.13M | 51.17M | 50.55M | 48.36M | 49.13M | 47.45M | 42.69M | 38.33M | 35.02M | 30.93M | 27.24M | 24.46M | 24.14M | 23.49M | 22.73M |
| Interest Expense | 24.35M | 25.79M | 27.46M | 27.02M | 26.26M | 28.67M | 30.58M | 31.02M | 29.72M | 30.08M | 28.1M | 23.86M | 17.91M | 10.91M | 5.48M | 2.35M | 1.3M | 1.28M | 1.31M | 1.3M |
| Loan Loss Provision | -23.05M | 650K | 850K | 700K | 750K | -200K | 0 | 500K | -175K | -975K | -500K | 910K | 1.82M | 2.33M | 950K | 1.77M | 1.1M | -4.2M | -6M | -1.9M |
| Non-Interest Income | -20.81M | 3.09M | 3.6M | 3.33M | 3.11M | 2.75M | 3.17M | 3.52M | 2.66M | 2.33M | 2.75M | 2.74M | 2.04M | 1.31M | 2.68M | 2.66M | 2.93M | 1.67M | 4.24M | 3.62M |
| Non-Interest Income % | -61.58% | 5.36% | 6.14% | 5.99% | 5.9% | 5.11% | 5.84% | 6.52% | 5.22% | 4.53% | 5.48% | 6.02% | 5.06% | 3.61% | 7.97% | 8.89% | 10.69% | 6.47% | 15.29% | 13.74% |
| Total Revenue | 33.8M | 57.62M | 58.59M | 55.65M | 52.76M | 53.88M | 54.35M | 54.07M | 51.03M | 51.47M | 50.2M | 45.42M | 40.37M | 36.34M | 33.61M | 29.9M | 27.39M | 25.81M | 27.73M | 26.35M |
| Revenue Growth % | -35.94% | 6.94% | 7.8% | 2.93% | 3.4% | 4.7% | 8.27% | 19.04% | 26.39% | 41.63% | 49.33% | 51.93% | 47.4% | 40.81% | 21.24% | 13.45% | 5.96% | 26.93% | -2.15% | -14.52% |
| Non-Interest Expense | 20.02M | 18.42M | 18.95M | 19.34M | 18.84M | 18.52M | 18.04M | 18.64M | 18.1M | 17.03M | 17.3M | 17.39M | 17.1M | 16.02M | 16.05M | 16.18M | 14.69M | 13.07M | 14.04M | 13.49M |
| Efficiency Ratio | 59.22% | 31.96% | 32.34% | 34.74% | 35.7% | 34.36% | 33.19% | 34.48% | 35.47% | 33.09% | 34.47% | 38.29% | 42.36% | 44.08% | 47.74% | 54.13% | 53.61% | 50.64% | 50.64% | 51.21% |
| Operating Income | 12.48M | 12.77M | 11.33M | 8.59M | 6.91M | 6.89M | 5.73M | 3.91M | 3.38M | 5.34M | 5.29M | 3.26M | 3.54M | 7.09M | 11.14M | 9.59M | 10.3M | 15.66M | 18.37M | 13.46M |
| Operating Margin % | 36.94% | 22.16% | 19.34% | 15.44% | 13.1% | 12.79% | 10.54% | 7.23% | 6.63% | 10.37% | 10.54% | 7.17% | 8.77% | 19.51% | 33.14% | 32.06% | 37.61% | 60.68% | 66.27% | 51.06% |
| Operating Income Growth % | 80.64% | 85.23% | 97.89% | 119.88% | 104.23% | 29.15% | 8.2% | 19.95% | -4.38% | -24.7% | -52.48% | -66.01% | -65.64% | -54.74% | -39.38% | -28.77% | -22.64% | 41.05% | 525.32% | 119.28% |
| Pretax Income | 12.48M | 12.77M | 11.33M | 8.59M | 6.91M | 6.89M | 5.73M | 3.91M | 3.38M | 5.34M | 5.29M | 3.26M | 3.54M | 7.09M | 11.14M | 9.59M | 10.3M | 15.66M | 18.37M | 13.46M |
| Pretax Margin % | 36.94% | 22.16% | 19.34% | 15.44% | 13.1% | 12.79% | 10.54% | 7.23% | 6.63% | 10.37% | 10.54% | 7.17% | 8.77% | 19.51% | 33.14% | 32.06% | 37.61% | 60.68% | 66.27% | 51.06% |
| Income Tax | 2.6M | 2.91M | 2.67M | 2.01M | 1.65M | 1.27M | 1.34M | 909K | 862K | 1.17M | 1.2M | 800K | 836K | 1.6M | 2.73M | 2.35M | 2.33M | 3.65M | 4.36M | 3.13M |
| Effective Tax Rate % | 20.8% | 22.8% | 23.57% | 23.41% | 23.8% | 18.37% | 23.49% | 23.26% | 25.47% | 21.92% | 22.58% | 24.55% | 23.62% | 22.52% | 24.47% | 24.47% | 22.63% | 23.33% | 23.7% | 23.29% |
| Net Income | 9.89M | 9.86M | 8.66M | 6.58M | 5.27M | 5.63M | 4.38M | 3M | 2.52M | 4.17M | 4.1M | 2.46M | 2.7M | 5.49M | 8.41M | 7.24M | 7.97M | 12.01M | 14.02M | 10.32M |
| Net Margin % | 29.25% | 17.11% | 14.79% | 11.83% | 9.98% | 10.44% | 8.06% | 5.55% | 4.94% | 8.1% | 8.16% | 5.41% | 6.69% | 15.11% | 25.03% | 24.22% | 29.1% | 46.52% | 50.56% | 39.17% |
| Net Income Growth % | 87.75% | 75.17% | 97.67% | 119.44% | 108.8% | 35.04% | 6.93% | 22.01% | -6.7% | -24.13% | -51.29% | -66.05% | -66.09% | -54.25% | -39.98% | -29.87% | -23.11% | 39.58% | 532.25% | 120.67% |
| Net Income (Continuing) | 9.89M | 9.86M | 8.66M | 6.58M | 5.27M | 5.63M | 4.38M | 3M | 2.52M | 4.17M | 4.1M | 2.46M | 2.7M | 5.49M | 8.41M | 7.24M | 7.97M | 12.01M | 14.02M | 10.32M |
| EPS (Diluted) | 1.20 | 1.21 | 1.07 | 0.81 | 0.65 | 0.70 | 0.54 | 0.37 | 0.31 | 0.52 | 0.51 | 0.31 | 0.33 | 0.68 | 1.04 | 0.90 | 0.98 | 1.49 | 1.75 | 1.29 |
| EPS Growth % | 84.62% | 72.86% | 98.15% | 118.92% | 109.68% | 34.62% | 5.88% | 19.35% | -6.06% | -23.53% | -50.96% | -65.56% | -66.33% | -54.36% | -40.57% | -30.23% | -25.19% | 35.45% | 525% | 115% |
| EPS (Basic) | 1.20 | 1.23 | 1.08 | 0.81 | 0.65 | 0.70 | 0.54 | 0.37 | 0.31 | 0.52 | 0.51 | 0.31 | 0.34 | 0.69 | 1.06 | 0.91 | 1.00 | 1.52 | 1.78 | 1.32 |
| Diluted Shares Outstanding | 8.29M | 8.12M | 8.08M | 8.13M | 8.11M | 8.12M | 8.09M | 8.14M | 8.14M | 8.08M | 8.07M | 8.07M | 8.09M | 8.07M | 8.07M | 8.05M | 8.1M | 8.06M | 8.01M | 8M |