Southern First Bancshares (NASDAQ:SFST) Posts Earnings Results, Beats Expectations By $0.04 EPS

Southern First Bancshares (NASDAQ:SFST - Get Free Report) issued its quarterly earnings data on Tuesday. The bank reported $0.65 EPS for the quarter, topping the consensus estimate of $0.61 by $0.04, Zacks reports. Southern First Bancshares had a net margin of 7.28% and a return on equity of 4.85%. The firm had revenue of $26.50 million for the quarter, compared to analyst estimates of $26.56 million.

Southern First Bancshares Trading Down 0.9 %

Shares of SFST stock traded down $0.32 on Friday, hitting $33.48. The stock had a trading volume of 9,508 shares, compared to its average volume of 18,165. The company's 50 day moving average price is $32.82 and its 200-day moving average price is $37.01. Southern First Bancshares has a 1 year low of $24.98 and a 1 year high of $45.91. The firm has a market capitalization of $273.50 million, a P/E ratio of 17.44 and a beta of 0.73. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.09 and a quick ratio of 1.09.

About Southern First Bancshares

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.