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The latest update is out from Southern First Bancshares ( (SFST) ).
On April 15, 2026, Southern First Bancshares announced the launch of an underwritten public offering of its common stock, signaling a move to raise additional equity capital. The planned raise comes as the bank reports strong preliminary first-quarter 2026 metrics, including net income of about $9.9 million, higher net interest income and margin, double-digit annualized growth in loans and deposits, improving asset quality, and stable capital ratios, though expenses are expected to rise due to seasonal compensation costs.
Preliminary figures for the quarter ended March 31, 2026 show net interest income of roughly $30.3 million, supported by a lower cost of deposits and an estimated net interest margin of 2.88%. The bank anticipates continued balance sheet expansion, with loans of about $3.94 billion, deposits of $3.87 billion, and retail deposits of $3.37 billion, while nonperforming assets declined to 0.26% of total assets and charge-offs remained minimal, suggesting credit quality remains a supportive backdrop for the offering and future growth plans.
The most recent analyst rating on (SFST) stock is a Buy with a $64.00 price target. To see the full list of analyst forecasts on Southern First Bancshares stock, see the SFST Stock Forecast page.
Spark’s Take on SFST Stock
According to Spark, TipRanks’ AI Analyst, SFST is a Neutral.
The score is driven primarily by improving fundamentals in 2025 (stronger revenue/profitability and a healthier balance sheet), tempered by historical volatility in margins and cash-flow consistency. Technicals are supportive longer-term but weaker near-term, and valuation looks reasonable based on a mid-teens P/E.
To see Spark’s full report on SFST stock, click here.
More about Southern First Bancshares
Southern First Bancshares, Inc. is a bank holding company for Southern First Bank, operating in the U.S. banking sector with a focus on loans and deposit products. The company’s balance sheet emphasizes retail deposits over wholesale funding and maintains regulatory capital ratios solidly above minimum requirements, underscoring a traditional, relationship-focused community banking model.
Average Trading Volume: 82,602
Technical Sentiment Signal: Buy
Current Market Cap: $481.8M
For a thorough assessment of SFST stock, go to TipRanks’ Stock Analysis page.