Filing Flows › Southern First Bancshares (SFST) › Q3 2025
Southern First Bancshares (SFST) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 31, 2025
Southern First Bancshares (SFST) reported revenue of $31.1M for the third quarter 2025 (Q3 2025), +31% from a year earlier and +9% from the quarter before. Operating margin was 36.4%, net earnings $8.7M (27.8% of revenue).
Southern First Bancshares, Q3 2025: revenue $31.1M (+31% year over year), operating margin 36.4%, net earnings $8.7M, operating cash flow $14.5M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $31.1M | +9% | +31% |
| Operating profit | $11.3M | +32% | +98% |
| Net earnings | $8.7M | +32% | +98% |
| Operating cash flow | $14.5M | +38% | -45% |
| Free cash flow | $14.4M | +39% | -45% |
What changed
Revenue was $31.1M in Q3 2025, up 31% year over year and up 9% from the previous quarter.
Operating profit was $11.3M, a 36.4% margin (up 12.3 points year over year). Of the extra revenue versus a year earlier, 76% reached operating profit, above the 24% margin then. Total costs grew 10% against revenue growth of 31%. Net earnings were $8.7M, up 98% year over year. The effective tax rate was 23.6%.
Operating cash flow was $14.5M (down 45% year over year), 167% of net earnings. Non-cash charges added back $1.0M of depreciation and amortization and $539K of share-based compensation. Working capital and other items added $4.3M. Capital expenditures of $88K left free cash flow of $14.4M.
Questions
What was Southern First Bancshares' revenue in the third quarter 2025?
Southern First Bancshares (SFST) reported revenue of $31.1M for the third quarter 2025 (Q3 2025), +31% from a year earlier and +9% from the quarter before.
Was Southern First Bancshares profitable in the third quarter 2025?
Operating profit was $11.3M (36.4% of revenue) and net earnings $8.7M.