SOUTHERN FIRST BANCSHARES INC (SFST) Form 8-K — Oct 20, 2026
$SFSTForm 8-KItems 2.02, 7.01, 9.01Filed Oct 20, 2026, 8:30 AM ET0001206774-26-000563Original filing
Southern First Bancshares (NASDAQ: SFST) reported Q3 2026 net income of $12.2 million, up 41% year-over-year, with diluted EPS of $1.28, a 21% increase from Q3 2025. Net interest income grew 26% YoY to $34.7 million on strong loan growth and margin expansion, with net interest margin of 3.02%, up 40 basis points YoY. Total revenue rose 21% YoY to $37.5 million. The bank grew loans $145 million (14% annualized) to $4.2 billion and retail deposits $163 million (18% annualized) to $3.7 billion, while reducing wholesale deposits 32% YoY.
Key figures
- Eps
- 1.28
- Eps Beat
- $0.22 or 21% increase YoY
- Revenue
- 37530000
- Net Income
- 12227000
- Revenue Yoy
- 21%
- Tce ratio
- 9.47%
- Cet1 ratio
- 12.75%
- Total loans
- 4175526000
- Total assets
- 4880902000
- Total deposits
- 4105204000
- Loan growth qoq
- $145 million or 14% annualized
- Efficiency ratio
- 54.10%
- Net interest income
- 34666000
- Net interest margin
- 3.02%
- Npa to total assets
- 0.30%
- Book value per share
- 48.68
- Net charge offs ratio
- 0.07% annualized
- Net interest income yoy
- 26%
- Return on average assets
- 1.03%
- Return on average equity
- 10.54%
- Retail deposit growth qoq
- $163 million or 18% annualized
AI analysis
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