Southern First Bancshares (NASDAQ:SFST - Get Free Report) posted its quarterly earnings results on Thursday. The bank reported $0.70 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.41 by $0.29, Zacks reports. Southern First Bancshares had a return on equity of 4.85% and a net margin of 7.28%.
Southern First Bancshares Stock Down 1.9 %
NASDAQ:SFST traded down $0.72 during trading hours on Friday, reaching $37.04. The company's stock had a trading volume of 6,686 shares, compared to its average volume of 14,544. The stock has a 50 day moving average price of $39.97 and a two-hundred day moving average price of $36.71. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.09 and a current ratio of 1.09. The company has a market capitalization of $302.25 million, a P/E ratio of 19.29 and a beta of 0.85. Southern First Bancshares has a 12 month low of $24.98 and a 12 month high of $45.90.
Insider Buying and Selling at Southern First Bancshares
In related news, CAO Julie Ann Fairchild sold 1,000 shares of the business's stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $45.23, for a total transaction of $45,230.00. Following the completion of the transaction, the chief accounting officer now owns 5,840 shares in the company, valued at $264,143.20. The trade was a 14.62 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 7.62% of the company's stock.
About Southern First Bancshares
(
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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.
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