Southern First Bancshares Q3 revenue rises 21% on loan growth
SFST•Southern First Bancshares’ Q3 revenue rose 21% year over year to $37.53 million, while diluted EPS increased 21% to $1.28 and net income climbed 41% to $12.23 million. Net interest margin rose to 3.02%, and retail client deposits increased by $163 million.
1. Quarterly results
Southern First Bancshares reported Q3 revenue of $37.53 million, up 21% year over year, and diluted EPS of $1.28, also up 21%. Net income increased 41% to $12.23 million.
2. Growth drivers
Loan growth drove net interest income up 26% year over year. Net interest margin rose 40 basis points from Q3 2025 to 3.02%, while retail client deposits increased by $163 million, an 18% annualized gain. The company did not provide specific financial guidance for future quarters or the full year.
