Southern First Bancshares (SFST) Gross Margin (2020 - 2022)
Southern First Bancshares' Gross Margin was -10.37% in Q1 2022, down 48.49 percentage points from 38.12% a year earlier and down 24.05 percentage points from the prior quarter.
Southern First Bancshares (SFST) Gross Margin (2020 - 2022) Analysis & Trends
On a trailing twelve-month basis, Southern First Bancshares' Gross Margin was 8.51% through Mar 31, 2022, down 41.11 percentage points year-over-year; for FY2021, it was 23.06%, down 26.91 percentage points from FY2020.
- Gross Margin shows a three-year change of -2.05 percentage points (FY2018 to FY2021).
- In earlier years, Gross Margin was 49.97% in FY2020 (+14.83 pp), 35.14% in FY2019 (+10.03 pp) and 25.11% in FY2018.
- Quarterly Gross Margin has moved between -14.17% (Q2 2021) and 59.00% (Q2 2020) over five years.
- Compared with a year earlier, Gross Margin has declined for four straight quarters, with an average year-over-year change of -33.69 percentage points over the last five quarters.
- Per Business Quant data, SFST's Gross Margin in the three quarters before Q1 2022 was 13.67% (Q4 2021), 30.86% (Q3 2021) and -14.17% (Q2 2021).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 890.60 Bn | 920.07 Bn | - | - |
| 2 | Banco Santander Chile | 421.74 Bn | 541.68 Bn | - | - |
| 3 | Bank Of America | 385.85 Bn | -1,990.22 Bn | - | - |
| 4 | Hsbc Holdings | 345.94 Bn | 345.99 Bn | - | - |
| 5 | Morgan Stanley | 303.15 Bn | -205.95 Bn | - | - |
| 6 | Royal Bank Of Canada | 279.82 Bn | 130.57 Bn | - | - |
| 7 | Mitsubishi Ufj Financial | 274.62 Bn | -1,313.87 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 267.07 Bn | -3,290.04 Bn | - | - |
| 9 | Wells Fargo & Company | 243.79 Bn | 245.93 Bn | - | - |
| 10 | Southern First Bancshares | 563.85 Mn | 537.56 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2022 | -10.37% |
| Dec 31, 2021 | 13.67% |
| Sep 30, 2021 | 30.86% |
| Jun 30, 2021 | -14.17% |
| Mar 31, 2021 | 38.12% |
| Dec 31, 2020 | 39.63% |
| Sep 30, 2020 | 57.53% |
| Jun 30, 2020 | 59.00% |
| Mar 31, 2020 | 32.27% |
Southern First Bancshares Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=SFST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "SFST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=SFST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();