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An update from Southern First Bancshares ( (SFST) ) is now available.
Southern First Bancshares, Inc. reported robust financial results for the fourth quarter of 2024, with a 30% increase in net income compared to the previous quarter and a 37% rise from Q4 2023. The company highlighted strong asset quality, improved net interest margin, and growth in book value, reflecting effective management amidst interest rate cuts by the Federal Reserve. These results underscore Southern First’s strategic positioning for continued value generation for shareholders and a solid start to 2025.
More about Southern First Bancshares
Southern First Bancshares, Inc. is a financial holding company for Southern First Bank, specializing in banking services with a focus on asset quality and community impact.
YTD Price Performance: -2.73%
Average Trading Volume: 18,586
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $298.5M
For detailed information about SFST stock, go to TipRanks’ Stock Analysis page.
