New insider activity at Southern First Bancshares ( (SFST) ) has taken place on February 14, 2025.
Director Anna T Locke recently made a notable financial move by purchasing 360 shares of Southern First Bancshares stock. This acquisition is valued at $13,323, reflecting confidence in the company’s potential growth and stability.
Recent Updates on SFST stock
Southern First Bancshares reported a significant increase in net income and earnings per share for the fourth quarter of 2024, driven by an improved net interest margin and strong asset quality. The bank’s net income increased by 30% from the previous quarter and 37% from the same period last year, while the net interest margin rose to 2.25%. These positive financial results reflect effective management amidst Federal Reserve interest rate cuts and underscore the company’s strategic positioning for continued growth and value generation for shareholders. The bank’s strong capital ratios and solid balance sheet further support its optimistic outlook for 2025.
More about Southern First Bancshares
YTD Price Performance: -5.36%
Average Trading Volume: 17,453
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $293.8M