Filing Flows › Southern First Bancshares (SFST) › Q4 2025
Southern First Bancshares (SFST) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 24, 2026
Southern First Bancshares (SFST) reported revenue of $31.8M for the fourth quarter 2025 (Q4 2025), +26% from a year earlier and +2% from the quarter before. Operating margin was 40.1%, net earnings $9.9M (31.0% of revenue).
Southern First Bancshares, Q4 2025: revenue $31.8M (+26% year over year), operating margin 40.1%, net earnings $9.9M, operating cash flow −$2.1M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $31.8M | +2% | +26% |
| Operating profit | $12.8M | +13% | +85% |
| Net earnings | $9.9M | +14% | +75% |
| Operating cash flow | −$2.1M | -114% | — |
What changed
Revenue was $31.8M in Q4 2025, up 26% year over year and up 2% from the previous quarter.
Operating profit was $12.8M, a 40.1% margin (up 12.8 points year over year). Of the extra revenue versus a year earlier, 89% reached operating profit, above the 27% margin then. Total costs grew 4% against revenue growth of 26%. Net earnings were $9.9M, up 75% year over year. The effective tax rate was 22.8%.
Operating cash flow was −$2.1M. Non-cash charges added back $1.0M of depreciation and amortization and $591K of share-based compensation. Working capital and other items used $13.5M. Capital expenditures of $272K exceeded it, leaving free cash flow of −$2.4M.
Questions
What was Southern First Bancshares' revenue in the fourth quarter 2025?
Southern First Bancshares (SFST) reported revenue of $31.8M for the fourth quarter 2025 (Q4 2025), +26% from a year earlier and +2% from the quarter before.
Was Southern First Bancshares profitable in the fourth quarter 2025?
Operating profit was $12.8M (40.1% of revenue) and net earnings $9.9M.