SFST
Income statement / Annual
Last year (2024), Southern First Bancshares, Inc.'s total revenue was $213.33 M,
an increase of 13.80% from the previous year.
In 2024, Southern First Bancshares, Inc.'s net income was $15.53 M.
See Southern First Bancshares, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
| Operating Revenue |
$213.33 M |
$187.46 M |
$127.64 M |
$110.26 M |
$122.17 M |
$102.70 M |
$82.71 M |
$70.55 M |
$62.04 M |
$54.45 M |
| Cost of Revenue |
$120.12 M
|
$101.20 M
|
$26.20 M
|
-$6.97 M
|
$44.61 M
|
$27.68 M
|
$18.41 M
|
$12.33 M
|
$10.49 M
|
$10.70 M
|
| Gross Profit |
$93.34 M
|
$86.25 M
|
$101.44 M
|
$117.23 M
|
$77.56 M
|
$75.01 M
|
$64.30 M
|
$58.21 M
|
$51.55 M
|
$43.75 M
|
| Gross Profit Ratio |
0.44
|
0.46
|
0.79
|
1.06
|
0.63
|
0.73
|
0.78
|
0.83
|
0.83
|
0.8
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$2.40 M
|
$44.04 M
|
$40.48 M
|
$37.25 M
|
$36.06 M
|
$28.42 M
|
$26.63 M
|
$26.10 M
|
$22.59 M
|
$20.35 M
|
| Selling & Marketing Expenses |
$1.41 M
|
$1.36 M
|
$1.22 M
|
$905.00 K
|
$690.00 K
|
$791.00 K
|
$758.00 K
|
$737.00 K
|
$807.00 K
|
$870.00 K
|
| Selling, General & Administrative Expenses |
$3.82 M
|
$45.40 M
|
$41.69 M
|
$38.16 M
|
$36.75 M
|
$29.21 M
|
$27.39 M
|
$26.83 M
|
$23.39 M
|
$21.22 M
|
| Other Expenses |
$69.48 M
|
$23.43 M
|
$21.24 M
|
$18.27 M
|
$16.99 M
|
$10.32 M
|
$8.22 M
|
$7.72 M
|
$7.78 M
|
$6.99 M
|
| Operating Expenses |
$73.30 M
|
$68.83 M
|
$62.93 M
|
$56.43 M
|
$53.74 M
|
$39.53 M
|
$35.61 M
|
$34.55 M
|
$31.18 M
|
$28.21 M
|
| Cost And Expenses |
$193.41 M
|
$170.03 M
|
$89.52 M
|
$49.46 M
|
$98.35 M
|
$67.22 M
|
$54.02 M
|
$46.89 M
|
$41.67 M
|
$38.91 M
|
| Interest Income |
$201.21 M
|
$177.60 M
|
$117.66 M
|
$93.17 M
|
$94.82 M
|
$92.65 M
|
$76.66 M
|
$61.21 M
|
$51.19 M
|
$46.03 M
|
| Interest Expense |
$119.99 M
|
$99.94 M
|
$20.04 M
|
$5.44 M
|
$15.01 M
|
$25.38 M
|
$16.51 M
|
$10.33 M
|
$8.19 M
|
$7.50 M
|
| Depreciation & Amortization |
$4.81 M
|
$4.82 M
|
$3.70 M
|
$2.32 M
|
$2.19 M
|
$1.92 M
|
$1.76 M
|
$1.46 M
|
$1.25 M
|
$1.31 M
|
| EBITDA |
$24.72 M |
$22.24 M |
$41.81 M |
$63.12 M |
$26.01 M |
$37.39 M |
$30.45 M |
$25.12 M |
$21.62 M |
$16.85 M |
| EBITDA Ratio |
0.12
|
0.12
|
0.33
|
0.57
|
0.21
|
0.36
|
0.37
|
0.36
|
0.35
|
0.31
|
| Operating Income Ratio |
0.09
|
0.09
|
0.3
|
0.55
|
0.19
|
0.35
|
0.35
|
0.34
|
0.33
|
0.29
|
| Total Other Income/Expenses Net |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Income Before Tax |
$19.91 M
|
$17.43 M
|
$38.11 M
|
$60.80 M
|
$23.82 M
|
$35.48 M
|
$28.69 M
|
$23.66 M
|
$20.37 M
|
$15.54 M
|
| Income Before Tax Ratio |
0.09
|
0.09
|
0.3
|
0.55
|
0.19
|
0.35
|
0.35
|
0.34
|
0.33
|
0.29
|
| Income Tax Expense |
$4.38 M
|
$4.00 M
|
$9.00 M
|
$14.09 M
|
$5.49 M
|
$7.62 M
|
$6.40 M
|
$10.62 M
|
$7.33 M
|
$5.37 M
|
| Net Income |
$15.53 M
|
$13.43 M
|
$29.12 M
|
$46.71 M
|
$18.33 M
|
$27.86 M
|
$22.29 M
|
$13.05 M
|
$13.04 M
|
$10.17 M
|
| Net Income Ratio |
0.07
|
0.07
|
0.23
|
0.42
|
0.15
|
0.27
|
0.27
|
0.18
|
0.21
|
0.19
|
| EPS |
1.92 |
1.67 |
3.66 |
5.96 |
2.37 |
3.7 |
3.02 |
1.86 |
2.06 |
1.64 |
| EPS Diluted |
1.91 |
1.66 |
3.61 |
5.85 |
2.34 |
3.58 |
2.88 |
1.76 |
1.94 |
1.55 |
| Weighted Average Shares Out |
$8.08 M
|
$8.05 M
|
$7.96 M
|
$7.84 M
|
$7.72 M
|
$7.53 M
|
$7.38 M
|
$7.01 M
|
$6.32 M
|
$6.20 M
|
| Weighted Average Shares Out Diluted |
$8.12 M
|
$8.08 M
|
$8.07 M
|
$7.99 M
|
$7.82 M
|
$7.77 M
|
$7.74 M
|
$7.41 M
|
$6.72 M
|
$6.56 M
|
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