Southern First Financials

SFST Stock  USD 44.50  0.40  0.91%   
Based on the key indicators related to Southern First's liquidity, profitability, solvency, and operating efficiency, Southern First Bancshares may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Southern First's Short and Long Term Debt Total is comparatively stable compared to the past year. Total Current Liabilities is likely to gain to about 2.7 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 5.7 M in 2024. Key indicators impacting Southern First's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio1.690.9963
Way Up
Slightly volatile
Current Ratio0.05590.0589
Notably Down
Slightly volatile
The essential information of the day-to-day investment outlook for Southern First includes many different criteria found on its balance sheet. An individual investor should monitor Southern First's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Southern First.

Net Income

9.99 Million

  
Understanding current and past Southern First Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Southern First's financial statements are interrelated, with each one affecting the others. For example, an increase in Southern First's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Southern First's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Southern First Bancshares. Check Southern First's Beneish M Score to see the likelihood of Southern First's management manipulating its earnings.

Southern First Stock Summary

Southern First competes with First Community, Old Point, Oak Valley, Chemung Financial, and Home Bancorp. Southern First Bancshares, Inc. operates as the bank holding company for Southern First Bank that provides various banking products and services to general public in South Carolina, North Carolina, and Georgia. The company was incorporated in 1999 and is headquartered in Greenville, South Carolina. Southern First operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 278 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS8428731017
CUSIP842873101 39607Y100
LocationSouth Carolina; U.S.A
Business Address6 Verdae Boulevard,
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.southernfirst.com
Phone864 679 9000
CurrencyUSD - US Dollar

Southern First Key Financial Ratios

Southern First Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets2.3B2.5B2.9B3.7B4.1B4.3B
Retained Earnings100.7M119.1M165.8M192.1M205.5M215.8M
Other Assets2.1B2.3B2.7B3.4B3.7B3.8B
Other Liab19.2M50.5M47.7M26.6M30.5M32.1M
Net Debt24.1M(27.1M)(125.9M)46.1M274.5M288.2M
Accounts Payable1.9B2.1B2.6B3.1B3.6B3.8B
Cash121.8M88.1M162.0M165.1M28.0M44.3M
Total Liab35.9M36.0M36.1M211.2M3.7B3.9B
Total Current Assets121.8M88.1M162.0M165.1M151.1M158.6M
Short Term Debt112.1M27.3M2.0M177.0M2.1M2.0M
Common Stock77K78K79K80K81K50.9K
Long Term Debt35.9M36.0M36.1M211.2M311.3M326.9M
Other Current Liab1.5B1.9B2.5B3.0B2.6B1.5B
Net Tangible Assets205.9M228.3M277.9M294.5M338.7M355.6M
Long Term Debt Total35.9M36.0M36.1M36.2M41.6M23.0M
Capital Surpluse106.2M108.8M114.2M119.0M136.9M90.6M
Other Current Assets127.8M101.9M167.2M170.9M167.8M107.2M

Southern First Key Income Statement Accounts

The reason investors look at the income statement is to determine what Southern First's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense1.7M2.0M1.5M20.0M99.9M104.9M
Total Revenue81.4M77.6M117.2M101.0M86.3M90.6M
Gross Profit81.4M77.6M117.2M101.0M86.3M90.6M
Operating Income37.8M26.4M62.3M39.8M17.4M20.5M
Ebit35.5M23.8M60.8M38.1M17.4M19.5M
Ebitda(2.3M)26.0M63.1M41.8M22.2M13.3M
Income Before Tax35.5M23.8M60.8M38.1M17.4M13.8M
Net Income27.9M18.3M46.7M29.1M13.4M10.0M
Income Tax Expense7.6M5.5M14.1M9.0M4.0M3.8M
Tax Provision7.6M5.5M14.1M9.0M4.0M3.8M
Net Interest Income67.3M79.8M87.7M97.6M77.7M73.7M
Interest Income92.7M94.8M93.2M117.7M177.6M99.1M

Southern First Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash54.9M(27.1M)66.5M3.7M(14.7M)(14.0M)
Free Cash Flow9.9M13.3M51.6M36.4M15.9M10.8M
Other Non Cash Items(16.2M)(3.0M)35.0M16.9M(2.2M)(2.1M)
Capital Expenditures8.4M7.3M26.5M14.0M1.2M1.2M
Net Income27.9M18.3M46.7M29.1M13.4M10.0M
End Period Cash Flow127.8M100.7M167.2M170.9M156.2M164.0M
Depreciation1.9M2.2M2.3M3.7M4.8M5.1M
Investments(262.2M)(226.4M)(377.8M)(778.7M)(378.6M)(359.6M)
Change To Netincome(16.0M)(5.2M)36.3M16.9M19.4M20.4M
Net Borrowings82.5M(85M)(25M)175M201.3M211.3M

Southern Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Southern First's current stock value. Our valuation model uses many indicators to compare Southern First value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Southern First competition to find correlations between indicators driving Southern First's intrinsic value. More Info.
Southern First Bancshares is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.08  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Southern First Bancshares is roughly  13.12 . At this time, Southern First's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Southern First by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Southern First Bancshares Systematic Risk

Southern First's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Southern First volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Southern First Bancshares correlated with the market. If Beta is less than 0 Southern First generally moves in the opposite direction as compared to the market. If Southern First Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Southern First Bancshares is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Southern First is generally in the same direction as the market. If Beta > 1 Southern First moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Southern First Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Southern First's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Southern First growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.39)

At this time, Southern First's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Southern First November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Southern First help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Southern First Bancshares. We use our internally-developed statistical techniques to arrive at the intrinsic value of Southern First Bancshares based on widely used predictive technical indicators. In general, we focus on analyzing Southern Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Southern First's daily price indicators and compare them against related drivers.

Additional Tools for Southern Stock Analysis

When running Southern First's price analysis, check to measure Southern First's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Southern First is operating at the current time. Most of Southern First's value examination focuses on studying past and present price action to predict the probability of Southern First's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southern First's price. Additionally, you may evaluate how the addition of Southern First to your portfolios can decrease your overall portfolio volatility.