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Southern First Bancshares: Sound ship (one warning sign)Sound ship

Southern First Bancshares $SFST

Grew revenue 13.0% in FY2025 to $6 million, equity 8.4% of assets.

Last filing10-Q, 30 Oct 2026

Health watchDirector or officer change · 2 Jun 2026
Follow its filings →
Next year, 80%$3M–$19M
Growth, on the year13.0%
Operating margin—
Equity of assets8.4%
Credibility63%
Track record4 of 6
Edgarette’s full reading · exposure, experience, soundness, credibility, range

🫧 Edgar looked up Southern First Bancshares, Inc. ($SFST). Last filing: 10-Q, 2026-10-30. 10 event filings (8-K) in the past twelve months.

🔖 Exposure: revenue $6.3M (FY2025). Experience: revenue up 13.0% on the year, down 13.8% a year over 4 years. Soundness: equity 8.4% of assets, return on equity 8.2%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $2.6M and $19.3M next year (method v4.1: its own 6-year record of growth weighed at 63% against under $50M filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $2.2M to $22.3M. A statistical range, not company guidance. Against peers (20 filers, $50M+ revenue, national commercial banks): growth 13.0% against 7.2%.

Read from its own SEC filings · nothing written, nothing inferred

Southern First Bancshares, Inc. against its own record and its peers
Revenue, on the yearPeer median 7.2%13.0%Equity of assetsPeer median 10.5%8.4%Return on equityPeer median 10.3%8.2%Gold tick: the median of 18–19 peers with $50M+ revenue in national commercial banks

Speed and cash · fiscal 2025

Cash Compass🌱 Cash cow later · growing fast, and already turning revenue into cash
Inside viewTurns 200.0% of revenue into operating cash; revenue growing 14.4% a year over three years; no common dividend.
Outside viewAmong under $50M companies: 97th percentile for cash, 67th for growth. cash growth

Both views must agree for a label · a description, not advice.

Cash flow (op · inv · fin · free)$30M · −$206M · $283M · $30M
Investment book (cash · short · long)$270M · $0M · $128M · unrealized −$9M
Revenue swing · equity of assets61.0% · 8.4%

Southern First Bancshares is growing faster than its size class, with revenue that swings more. Its own audited SEC figures.

The figures, as filed

Fiscal year end2025-12-31
Revenue$6M
Revenue, on the year13.0%
Revenue, a year over the record−13.8%
Operating margin—
Operating margin, prior year—
Net margin483.4%
Research and developmentnot filed separately
Total debt—
Equity of assets8.4%
Return on equity8.2%
Payout of profit—
Dividend per share—
Earnings per share$3.75
Book value per share$45.18
Revenue per share$0.77
Shares outstanding8,160,464
Audited years read5

Peers: the median of 20 filers with $50M+ revenue in national commercial banks.

Classic signals · fiscal 2025Altman Z″ not covered: built for industrial balance sheets, not banks or insurersPiotroski F 6 of 9 solid 2000Beneish M not covered: built for industrial filersSloan accruals 0% earnings backed by cash 1996DuPont ROE 8.7% = margin 483.4% × turns 0 × leverage 12.15

What a terminal subscription used to buy, a filing and arithmetic now give anyone. Published method, from the same filings. Display only: nothing here moves the range or its receipt. Why? →

Health HarborSouthern First Bancshares sails as: Sound ship

Health watch · 12 monthsDirector or officer change

Sailing speed follows growth: 14.4% a year crosses the harbor in 37 seconds.

🌊 Visit the Bay →
  • revenue is hard to predict: its 80% range is ±76%

Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an operating loss; negative free cash flow outside regulated utilities; an 80% revenue range of ±25% or wider. A picture of the signs, not a rating and not investment advice.

Recent filings

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price. Reporting, not investment advice. No price targets and no trading recommendations. Figures from the SEC’s own data · every filing · this page as JSON · ask about another company

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Data & Disclosure Notice: Edgar and Edgarette are automated software. Every figure on this page is calculated by software from public filings made by companies and funds with the U.S. Securities and Exchange Commission (EDGAR) and is published without individual human review. The accuracy and completeness of those filings are the responsibility of the filers; reports can contain errors and can be amended. Figures are shown as filed and as of each filing's date, and this page may be corrected or updated without notice. Ranges, expected returns, rankings, boats and other measures are statistical descriptions of past filings, not ratings, price forecasts, company guidance or recommendations; past results do not guarantee future results. This is general information published for all readers, not advice tailored to any person's portfolio, needs or circumstances, and nothing here is financial, investment, actuarial, legal, tax or other professional advice. Actuaries and other professionals who use these figures remain responsible for reviewing them for reasonableness and consistency against the original filings and for disclosing their reliance on them. No company, fund or reinsurer pays to be included or ranked. Provided as is, without warranty of any kind. Not affiliated with or endorsed by the SEC or by any company, fund or reinsurer named. All trademarks remain the property of their owners.