Southern First Bancshares Inc (SFST) Files 10-K for the Fiscal Year Ended on December 31, 2019

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Mar 02, 2020
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Southern First Bancshares Inc (SFST, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. Southern First Bancshares Inc is a bank holding company. It is engaged in the business of accepting demand deposits and savings deposits and providing commercial, consumer and mortgage loans to the general public. Southern First Bancshares Inc has a market cap of $286.070 million; its shares were traded at around $37.55 with a P/E ratio of 10.49 and P/S ratio of 3.65. GuruFocus has detected 2 severe warning signs with Southern First Bancshares Inc. .

For the last quarter Southern First Bancshares Inc reported a revenue of $22.6 million, compared with the revenue of $18.47 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $83.7 million, an increase of 19% from last year. For the complete 30-year financial data, please go here.. For the last five years Southern First Bancshares Inc had an average revenue growth rate of 15.9% a year.

The reported diluted earnings per share was $3.58 for the year, an increase of 24.3% from previous year. Over the last five years Southern First Bancshares Inc had an EPS growth rate of 24.5% a year. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, Southern First Bancshares Inc has the cash and cash equivalents of $38.6 million, compared with $37.0 million in the previous year. The long term debt was $145.9 million, compared with $63.4 million in the previous year. Southern First Bancshares Inc has a financial strength rank of 2 (out of 10).

At the current stock price of $37.55, Southern First Bancshares Inc is traded at 15.2% discount to its historical median P/S valuation band of $44.27. The P/S ratio of the stock is 3.65, while the historical median P/S ratio is 1.87. The stock gained 0.05% during the past 12 months.

Directors and Officers Recent Trades:

  • Director Anne S Ellefson sold 2,250 shares of SFST stock on 02/20/2020 at the average price of $41.75. The price of the stock has decreased by 10.06% since.
  • Director Leighton M Cubbage sold 1,075 shares of SFST stock on 02/11/2020 at the average price of $40.9. The price of the stock has decreased by 8.19% since.
  • Director Anne S Ellefson sold 450 shares of SFST stock on 02/06/2020 at the average price of $40.37. The price of the stock has decreased by 6.99% since.
  • Director Anne S Ellefson sold 2,250 shares of SFST stock on 02/04/2020 at the average price of $39.87. The price of the stock has decreased by 5.82% since.
  • Director Leighton M Cubbage sold 3,328 shares of SFST stock on 02/03/2020 at the average price of $39.45. The price of the stock has decreased by 4.82% since.

For the complete 20-year historical financial data of SFST, click here.