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Southern First Bancshares (Southern First Bancshares) Equity-to-Asset : 0.08 (As of Dec. 2023)


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What is Southern First Bancshares Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Southern First Bancshares's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $312.47 Mil. Southern First Bancshares's Total Assets for the quarter that ended in Dec. 2023 was $4,055.79 Mil. Therefore, Southern First Bancshares's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.08.

The historical rank and industry rank for Southern First Bancshares's Equity-to-Asset or its related term are showing as below:

SFST' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08   Med: 0.09   Max: 0.1
Current: 0.08

During the past 13 years, the highest Equity to Asset Ratio of Southern First Bancshares was 0.10. The lowest was 0.08. And the median was 0.09.

SFST's Equity-to-Asset is ranked worse than
61.05% of 1466 companies
in the Banks industry
Industry Median: 0.09 vs SFST: 0.08

Southern First Bancshares Equity-to-Asset Historical Data

The historical data trend for Southern First Bancshares's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Southern First Bancshares Equity-to-Asset Chart

Southern First Bancshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.09 0.10 0.08 0.08

Southern First Bancshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.08 0.08 0.08 0.08 0.08

Competitive Comparison of Southern First Bancshares's Equity-to-Asset

For the Banks - Regional subindustry, Southern First Bancshares's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Southern First Bancshares's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Southern First Bancshares's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Southern First Bancshares's Equity-to-Asset falls into.



Southern First Bancshares Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Southern First Bancshares's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=312.467/4055.789
=0.08

Southern First Bancshares's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=312.467/4055.789
=0.08

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Southern First Bancshares  (NAS:SFST) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Southern First Bancshares Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Southern First Bancshares's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Southern First Bancshares (Southern First Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
6 Verdae Boulevard, Greenville, SC, USA, 29607
Southern First Bancshares Inc is a bank holding company. The primary business of the company is to serve as the holding company for Southern First Bank. The Bank is engaged in the business of accepting demand deposits and savings deposits insured by the Federal Deposit Insurance Corp and providing commercial, consumer, and mortgage loans to the general public. The operating segments of the company are Commercial and Retail Banking, Mortgage Banking, and Corporate Operations, of which a majority of the revenue is derived from the Commercial and Retail Banking segment which includes the provision of traditional deposit and lending products and services to its commercial and retail banking clients.
Executives
David G Ellison director P.O. BOX 17465, GREENVILLE SC 29606
Anna T Locke director P.O. BOX 17465, GREENVILLE SC 29606
David Andrew Borrmann officer: Chief Financial Officer P.O. BOX 17465, GREENVILLE SC 29606
Silvia T King officer: EVP, Chief Human Resource Off P.O. BOX 17465, GREENVILLE SC 29606
Tecumseh Jr Hooper director
Calvin C Hurst officer: Chief Banking Officer P.O. BOX 17465, GREENVILLE SC 29606
Seaver R Arthur Jr officer: Chief Executive Officer P.O. BOX 17465, GREENVILLE SC 29606
Aiken William M. Iii officer: Chief Risk Officer PO BOX 17465, GREENVILLE SC 29606
Mark A Cothran director
Terry Grayson-caprio director P.O. BOX 17465, GREENVILLE SC 29606
Anne S Ellefson director
Ray Lattimore director P.O. BOX 17465, GREENVILLE SC 29606
William Iv Maner director P.O. BOX 17465, GREENVILLE SC 29606
Michael D Dowling officer: Executive Vice President, CFO P.O. BOX 17465, GREENVILLE SC 29606
Leighton M Cubbage director P.O. BOX 17465, GREENVILLE SC 29606