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Recent Updates — SFST

July 21, 2026View Source ↗

Southern First Bancshares, Inc. reported second quarter 2026 financial results for the period ended June 30, 2026. Net income reached $11.2 million, a 70% increase from $6.6 million in the second quarter of 2025, resulting in diluted earnings per share of $1.20. Total revenue rose 25% year-over-year to $35.9 million, driven by a 28% increase in net interest income to $32.4 million. The company strengthened its capital position by raising $65.2 million through the issuance of 1.2 million additional common shares earlier in the quarter. Total loans grew to $4.0 billion, while retail deposits increased by $184 million. The company is a financial holding company providing banking services through Southern First Bank.