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Southern First Bancshares Inc. (SFST) Fundamental Analysis & AI Grade 2026

SFST Nasdaq National Commercial Banks SC CIK: 0001090009
Updated This Month • Analysis: May 6, 2026 • SEC Data: 2026-03-31
Combined AI Grade
C
35% Confidence
N/A
C
35% Conf
Pending
Analysis scheduled

📊 SFST Key Takeaways

Revenue: $1.5M
Net Margin: 662.2%
Free Cash Flow: $10.5M
Current Ratio: N/A
Debt/Equity: 0.00x
EPS: $1.19
AI Grade: C with 35% confidence
Southern First Bancshares Inc. (SFST) receives a C fundamental grade with 35% confidence from our AI analysis based on SEC 10-K filings. With revenue of $1.5M, net profit margin of 662.2%, and return on equity (ROE) of 2.6%, Southern First Bancshares Inc. demonstrates mixed fundamentals in the Finance sector. Below is our complete SFST stock analysis for 2026.

Is Southern First Bancshares Inc. (SFST) a Good Investment?

Claude

Critical data quality issues undermine fundamental analysis. Interest coverage of 0.2x indicates the company cannot adequately service debt obligations despite reported profitability, suggesting severe operational stress or accounting anomalies. The -97% YoY revenue collapse for a $4.6B asset bank is unexplained and concerning.

Southern First Bancshares Inc. Key Strengths (SFST)

Claude
  • + Zero long-term debt provides strong balance sheet structure
  • + Positive operating and free cash flow generation ($10.5M FCF)
  • + Net income grew 95.5% YoY to $9.9M, showing earnings recovery

SFST Stock Risks: Southern First Bancshares Inc. Investment Risks

Claude
  • ! Interest coverage ratio of 0.2x is critically unsustainable and incompatible with reported profitability
  • ! Revenue collapsed 97% YoY to only $1.5M, inconsistent with $4.6B asset base and banking operations
  • ! Impossibly high operating margin (836%) and net margin (662%) indicate data corruption or extraordinary one-time items
  • ! Extremely low ROA (0.2%) and ROE (2.6%) suggest poor asset utilization despite asset scale

Key Metrics to Watch

Claude
  • * Interest coverage ratio must improve above 2.5x for sustainability
  • * Net interest income trend and loan loss provisions
  • * Reconciliation of revenue metric with actual banking operations (verify NII vs reported revenue)

Southern First Bancshares Inc. (SFST) Financial Metrics & Key Ratios

Revenue
$1.5M
Net Income
$9.9M
EPS (Diluted)
$1.19
Free Cash Flow
$10.5M
Total Assets
$4.6B
Cash Position
$342.8M

💡 AI Analyst Insight

The 702.8% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.

SFST Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 836.2%
Net Margin 662.2%
ROE 2.6%
ROA 0.2%
FCF Margin 702.8%

SFST vs Finance Sector: How Southern First Bancshares Inc. Compares

How Southern First Bancshares Inc. compares to Finance sector averages

Net Margin
SFST 662.2%
vs
Sector Avg 25.0%
SFST Sector
ROE
SFST 2.6%
vs
Sector Avg 12.0%
SFST Sector
Current Ratio
SFST 0.0x
vs
Sector Avg 1.2x
SFST Sector
Debt/Equity
SFST 0.0x
vs
Sector Avg 2.0x
SFST Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Southern First Bancshares Inc. Stock Overvalued? SFST Valuation Analysis 2026

Based on fundamental analysis, Southern First Bancshares Inc. has mixed fundamental signals relative to the Finance sector in 2026.

Return on Equity
2.6%
Sector avg: 12%
Net Profit Margin
662.2%
Sector avg: 25%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 2x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Southern First Bancshares Inc. Balance Sheet: SFST Debt, Cash & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
0.00x
Debt/Assets
91.7%
Interest Coverage
0.21x
Long-term Debt
N/A

SFST Revenue & Earnings Growth: 5-Year Financial Trend

SFST 5-year financial data: Year 2021: Revenue $19.8M, Net Income $27.9M, EPS $3.58. Year 2022: Revenue $19.8M, Net Income $18.3M, EPS $2.34. Year 2023: Revenue $11.4M, Net Income $46.7M, EPS $5.85. Year 2024: Revenue $5.6M, Net Income $29.1M, EPS $3.61. Year 2025: Revenue $6.3M, Net Income $13.4M, EPS $1.66.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Southern First Bancshares Inc.'s revenue has declined by 68% over the 5-year period, indicating business contraction. The most recent EPS of $1.66 reflects profitable operations.

SFST Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
702.8%
Free cash flow / Revenue

SFST Quarterly Earnings & Performance

Quarterly financial performance data for Southern First Bancshares Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $1.4M $5.3M $0.65
Q3 2025 $1.4M $4.4M $0.54
Q2 2025 $1.6M $3.0M $0.37
Q1 2025 $1.2M $2.5M $0.31
Q3 2024 $1.2M $4.1M $0.51
Q2 2024 $1.3M $2.5M $0.31
Q1 2024 $622.0K $2.5M $0.31
Q3 2023 $1.2M $4.1M $0.51

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Southern First Bancshares Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$10.8M
Cash generated from operations
Capital Expenditures
$280.0K
Investment in assets
Dividends Paid
$50.0K
Returned to shareholders

SFST SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Southern First Bancshares Inc. (CIK: 0001090009)

📋 Recent SEC Filings

Date Form Document Action
May 22, 2026 4 xslF345X06/form4.xml View →
May 20, 2026 8-K sfst4641091-8k.htm View →
May 1, 2026 10-Q sfst4627241-10q.htm View →
Apr 22, 2026 4 xslF345X06/form4.xml View →
Apr 21, 2026 8-K sfst4624051-8k.htm View →

Frequently Asked Questions about SFST

What is the AI rating for SFST?

Southern First Bancshares Inc. (SFST) has an AI grade of C with 35% confidence, based on fundamental analysis of SEC EDGAR filings.

What are SFST's key strengths?

Claude: Zero long-term debt provides strong balance sheet structure. Positive operating and free cash flow generation ($10.5M FCF).

What are the risks of investing in SFST?

Claude: Interest coverage ratio of 0.2x is critically unsustainable and incompatible with reported profitability. Revenue collapsed 97% YoY to only $1.5M, inconsistent with $4.6B asset base and banking operations.

What is SFST's revenue and growth?

Southern First Bancshares Inc. reported revenue of $1.5M.

Does SFST pay dividends?

Southern First Bancshares Inc. pays dividends, with $0.1M distributed to shareholders in the trailing twelve months.

Where can I find SFST SEC filings?

Official SEC filings for Southern First Bancshares Inc. (CIK: 0001090009) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is SFST's EPS?

Southern First Bancshares Inc. has a diluted EPS of $1.19.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is SFST's fundamental grade?

Based on our AI fundamental analysis in June 2026, Southern First Bancshares Inc. has a C grade with 35% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is SFST stock overvalued or undervalued?

Valuation metrics for SFST: ROE of 2.6% (sector avg: 12%), net margin of 662.2% (sector avg: 25%). Compare these metrics with sector averages to assess valuation.

What is SFST's AI grade for 2026?

Our dual AI analysis gives Southern First Bancshares Inc. a combined C grade for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is SFST's free cash flow?

Southern First Bancshares Inc.'s operating cash flow is $10.8M, with capital expenditures of $280.0K. FCF margin is 702.8%.

How does SFST compare to other Finance stocks?

Vs Finance sector averages: Net margin 662.2% (avg: 25%), ROE 2.6% (avg: 12%), current ratio N/A (avg: 1.2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 6, 2026 | Data as of: 2026-03-31 | Powered by Claude AI