Southern First Bancshares (SFST) Gross Margin (2017 - 2026)
Southern First Bancshares (SFST) reported Gross Margin of 73.28% for Q1 2026, down 46.0% year-over-year from 135.69% in Q1 2025, and down 7.85% quarter-over-quarter from 79.51% in Q4 2025.
Southern First Bancshares (SFST) Gross Margin (2017 - 2026) Analysis & Trends
Southern First Bancshares (SFST) has 10 years of Gross Margin data on file, last reported at 73.28% in Q1 2026.
- Gross Margin for Q1 2026 came in at 73.28%, down 46.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 75.53% (down 12.0% YoY), and the FY2025 annual result was 75.66%, up 106.0% from the prior year.
- Gross Margin eased to 73.28% in Q1 2026 per SFST's latest filing, from 79.51% in the prior quarter.
- Over five years, Gross Margin peaked at 82.2% in Q1 2022 and troughed at 3.09% in Q4 2022.
- A 5-year average of 67.58% and a median of 73.74% in 2025 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2023: Gross Margin tumbled 8344 bps in 2022, then jumped 5514 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 3.09% in 2022, then surged by 1783 bps to 58.23% in 2023, then grew by 16 bps to 67.29% in 2024, then gained by 18 bps to 79.51% in 2025, then decreased by 8 bps to 73.28% in 2026.
- Business Quant data shows SFST's Gross Margin at 73.28% in Q1 2026, 79.51% in Q4 2025, and 74.25% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | - |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | - |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | - |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | - |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Southern First Bancshares | 496.58 Mn | 148.59 Mn | 1.09 Mn | 73.28% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 73.28% |
| Dec 31, 2025 | 79.51% |
| Sep 30, 2025 | 74.25% |
| Jun 30, 2025 | 74.70% |
| Mar 31, 2025 | 73.74% |
| Dec 31, 2024 | 67.29% |
| Sep 30, 2024 | 77.98% |
| Jun 30, 2024 | 79.77% |
| Mar 31, 2024 | 68.30% |
| Dec 31, 2023 | 58.23% |
| Sep 30, 2023 | 75.75% |
| Jun 30, 2023 | 74.94% |
| Mar 31, 2023 | 41.16% |
| Dec 31, 2022 | 3.09% |
| Sep 30, 2022 | 72.52% |
| Jun 30, 2022 | 72.21% |
| Mar 31, 2022 | 82.20% |
| Dec 31, 2021 | 86.54% |
| Sep 30, 2021 | 91.27% |
| Jun 30, 2021 | 89.51% |