Filing Flows › Southern First Bancshares (SFST) › Q2 2025
Southern First Bancshares (SFST) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 1, 2025
Southern First Bancshares (SFST) reported revenue of $28.6M for the second quarter 2025 (Q2 2025), +24% from a year earlier and +8% from the quarter before. Operating margin was 30.0%, net earnings $6.6M (23.0% of revenue).
Southern First Bancshares, Q2 2025: revenue $28.6M (+24% year over year), operating margin 30.0%, net earnings $6.6M, operating cash flow $10.5M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $28.6M | +8% | +24% |
| Operating profit | $8.6M | +24% | +120% |
| Net earnings | $6.6M | +25% | +119% |
| Operating cash flow | $10.5M | +38% | +165% |
| Free cash flow | $10.4M | +40% | +169% |
What changed
Revenue was $28.6M in Q2 2025, up 24% year over year and up 8% from the previous quarter.
Operating profit was $8.6M, a 30.0% margin (up 13.1 points year over year). Of the extra revenue versus a year earlier, 84% reached operating profit, above the 17% margin then. Total costs grew 5% against revenue growth of 24%. The fastest-growing cost line was Credit loss provision (+40%). Net earnings were $6.6M, up 119% year over year. The effective tax rate was 23.4%.
Operating cash flow was $10.5M (up 165% year over year), 159% of net earnings. Non-cash charges added back $1.1M of depreciation and amortization and $605K of share-based compensation. Working capital and other items added $2.2M. Capital expenditures of $80K left free cash flow of $10.4M.
Questions
What was Southern First Bancshares' revenue in the second quarter 2025?
Southern First Bancshares (SFST) reported revenue of $28.6M for the second quarter 2025 (Q2 2025), +24% from a year earlier and +8% from the quarter before.
Was Southern First Bancshares profitable in the second quarter 2025?
Operating profit was $8.6M (30.0% of revenue) and net earnings $6.6M.