Southern First Bancshares (SFST) has disclosed a new risk, in the Debt & Financing category.
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Southern First Bancshares might confront significant headwinds due to the ripple effects of recent bank failures across the financial industry. The pervasive uncertainty and the rapid dissemination of information leading to volatile deposit movements and stock fluctuations present a tangible threat to the company’s stability. While Southern First Bancshares was not directly implicated in these failures, the potential for contagion heightens risks of reputational damage, liquidity pressures, and elevated funding costs. Cumulatively, these factors pose a serious risk to the firm’s financial health and operational performance.
The average SFST stock price target is $44.00, implying 36.52% upside potential.
To learn more about Southern First Bancshares’ risk factors, click here.