Southern First Bancshares (NASDAQ:SFST – Get Free Report) released its quarterly earnings data on Thursday. The bank reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $0.29, Zacks reports. Southern First Bancshares had a return on equity of 4.85% and a net margin of 7.28%.
Southern First Bancshares Trading Down 2.5 %
Shares of Southern First Bancshares stock opened at $36.80 on Friday. Southern First Bancshares has a 1 year low of $24.98 and a 1 year high of $45.90. The company has a market capitalization of $300.29 million, a price-to-earnings ratio of 19.17 and a beta of 0.85. The business has a fifty day simple moving average of $39.72 and a two-hundred day simple moving average of $36.75. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.09 and a quick ratio of 1.09.
Insider Activity
In related news, CAO Julie Ann Fairchild sold 1,000 shares of Southern First Bancshares stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $45.23, for a total transaction of $45,230.00. Following the completion of the sale, the chief accounting officer now directly owns 5,840 shares of the company’s stock, valued at approximately $264,143.20. This trade represents a 14.62 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 7.62% of the company’s stock.
Southern First Bancshares Company Profile
Southern First Bancshares, Inc operates as the bank holding company for Southern First Bank that provides commercial, consumer, and mortgage loans to the general public in South Carolina, North Carolina, and Georgia. The company accepts various deposit products that include checking accounts, commercial checking accounts, and savings accounts, as well as other time deposits, including daily money market accounts and long-term certificates of deposit.
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