Southern First Bancshares (NASDAQ:SFST) Posts Earnings Results

Southern First Bancshares (NASDAQ:SFST) released its earnings results on Tuesday. The bank reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.29, Zacks reports. Southern First Bancshares had a return on equity of 4.42% and a net margin of 6.67%.

Southern First Bancshares Stock Performance

SFST opened at $37.01 on Tuesday. The firm has a market capitalization of $302.00 million, a PE ratio of 21.39 and a beta of 0.85. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.81. Southern First Bancshares has a twelve month low of $24.98 and a twelve month high of $45.90. The firm’s 50-day moving average price is $40.30 and its 200 day moving average price is $36.59.

Insider Transactions at Southern First Bancshares

In other Southern First Bancshares news, CAO Julie Ann Fairchild sold 1,000 shares of Southern First Bancshares stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $45.23, for a total transaction of $45,230.00. Following the transaction, the chief accounting officer now directly owns 5,840 shares of the company’s stock, valued at $264,143.20. The trade was a 14.62 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 7.62% of the company’s stock.

Southern First Bancshares Company Profile

Southern First Bancshares, Inc operates as the bank holding company for Southern First Bank that provides commercial, consumer, and mortgage loans to the general public in South Carolina, North Carolina, and Georgia. The company accepts various deposit products that include checking accounts, commercial checking accounts, and savings accounts, as well as other time deposits, including daily money market accounts and long-term certificates of deposit.