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Southern First Bancshares (Southern First Bancshares) Net Margin % : 19.48% (As of Dec. 2023)


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What is Southern First Bancshares Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Southern First Bancshares's Net Income for the three months ended in Dec. 2023 was $4.17 Mil. Southern First Bancshares's Revenue for the three months ended in Dec. 2023 was $21.39 Mil. Therefore, Southern First Bancshares's net margin for the quarter that ended in Dec. 2023 was 19.48%.

The historical rank and industry rank for Southern First Bancshares's Net Margin % or its related term are showing as below:

SFST' s Net Margin % Range Over the Past 10 Years
Min: 15.34   Med: 22.94   Max: 44.56
Current: 15.34


SFST's Net Margin % is ranked worse than
76.8% of 1457 companies
in the Banks industry
Industry Median: 25.32 vs SFST: 15.34

Southern First Bancshares Net Margin % Historical Data

The historical data trend for Southern First Bancshares's Net Margin % 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 Net Margin % Chart

Southern First Bancshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.03 17.10 44.56 27.06 15.34

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
Net Margin % 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 12.03 11.40 18.55 19.48 11.84

Competitive Comparison of Southern First Bancshares's Net Margin %

For the Banks - Regional subindustry, Southern First Bancshares's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Southern First Bancshares's Net Margin % distribution charts can be found below:

* The bar in red indicates where Southern First Bancshares's Net Margin % falls into.



Southern First Bancshares Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Southern First Bancshares's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=13.426/87.514
=15.34 %

Southern First Bancshares's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=4.167/21.39
=19.48 %

* 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) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Southern First Bancshares Net Margin % Related Terms

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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