Southern First Bancshares net income rises to $8.7 million in Q3 2025

Reuters
2025/10/28
<a href="https://laohu8.com/S/SFST">Southern First Bancshares</a> net income rises to $8.7 million in Q3 2025

Southern First Bancshares Inc. reported net income available to common shareholders of $8.66 million for the third quarter of 2025, up from $6.58 million in the previous quarter and $4.38 million in the third quarter of 2024. Total revenue reached $31.13 million, compared to $28.63 million in the prior quarter and $23.77 million in the same period last year. The net interest margin was 2.62%, rising from 2.50% in the previous quarter and 2.08% in the third quarter of 2024. Return on average assets was 0.80%, while return on average equity was 9.78%. The efficiency ratio improved to 60.86% from 67.54% in the previous quarter. Total loans amounted to $3.8 billion and core deposits were $2.9 billion, both showing increases on an annualized basis from the prior quarter. Nonperforming assets to total assets stood at 0.27%, and past due loans to total loans were 0.18%. Book value per common share was $43.51, and the tangible common equity ratio was 8.18%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Southern First Bancshares Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001206774-25-000731), on October 28, 2025, and is solely responsible for the information contained therein.

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