Overview

* Southern First Q3 revenue beats analyst expectations, reflecting strong financial performance

* Diluted EPS for Q3 2025 increased 98% yr/yr, indicating improved profitability

* Net interest margin improved to 2.62% from 2.08% in Q3 2024

Outlook

* Southern First expects continued growth in Southeastern markets

* Company maintains cautious outlook while monitoring emerging risks

* Southern First optimistic about financial outlook for remainder of year

Result Drivers

* LOAN GROWTH - High-quality loan growth funded by client deposits was a key driver of results

* NET INTEREST MARGIN - Improvement driven by higher loan yields and lower deposit costs

* ASSET QUALITY - Superior asset quality metrics with low nonperforming assets and past due loans

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $31.12 $26.70

Revenue mln mln (1

Analyst)

Q3 EPS $1.07

Q3 Net $8.66

Income mln

Q3 CET1 10.88%

Capital

Ratio

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the banks peer group is "buy"

* Wall Street's median 12-month price target for Southern First Bancshares Inc ( SFST ) is $47.50, about 11.1% above its October 27 closing price of $42.23

* The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)